BTC TSO 6/30 put at 0.23, sold as part of a ladder at 1.03.

I may have been a little premature on SWKS, did not have time to look at the chart, down 2% today off all time highs. Oh well, will take assignment or roll it…….for those that like the falling knife trades the premium is spiking on it.

Only had a few minutes at lunch but managed to snap off a few trades
Establishing new ladders in SWKS. STO jul 7 puts at 0.95 and Jul 14 105 puts at 1.00.
STO WDC Jul 21 82.5 puts at 1.3.
BTC 6/23 83 puts at 0.30, sold at 2.04. Was not quite a roll, did not see the 83 puts hanging out until I had sold the next week.
SVXY in the money covered calls will expire today at full profit. Both IRAs, 1 made $850 the other $700. Not bad for 1 week work.
I am going to hold off further SVXY trades until we get a bump in volatility.
Rolled WDC 85 puts this week to next week for 0.68 credit. Small IRA account.
I am going back to individual names for a few weeks until the VIX pops up again or ETFS with good vol.
However with the cash that is freed up on the covered calls may set up Jade lizards or just puts on XBI on Monday.
Even with a loss on the oil trade, an excellent week and help everybody else has a good expiration and good weekend!

BTC Jul 41.5/53.5 strangle at .59, .60, .61 and .62. Market makers kept making me go up a penny each contract.

BTC Aug 39/57 strangles at 0.62.

Loss of $550 on 8 contracts. It would have eventually worked out, but I forgot I am on vacation next week, will have limited computer access and don’t want to babysit positions while kiteboarding at the beach.

Maybe try again when the next series comes out in 2 weeks or if we get some vol restart my /ES strangle ladders. They are easier to manage because of weeklies but each contract requires $6000 to support it.

Now have some margin to play with for trades tomorrow.

Rolled TSO Jun 23 81 put to Jul 21 85 put for 1.2 credit. Sold for 1.04 originally

So sell puts on DUST and calls in NUGT?

Have the SVXY/UVXY sorted out, thanks again those trades work well.

Made a slight adjustment to the /CL strangles. So I finally had a break from seeing patients at lunch and did not realize oil was down 2.4 and my profitable trade 2 days ago now shows a paper loss. I am still well OTM but only have 7k margin left to play with so made adjustment.

Rolled the Aug 17 /CL 55 call down to 53.5 booking a $440 profit plus the $320 from 2 weeks ago previous roll and brought in another $170. If am doing the math right that is $930 profit against the $880 paper loss on the Aug put contracts. As long as it stays above 41.5 for another 2 weeks should be 30-50% profitable. Just need a little more decay and to stop moving downhill.

The Sep 17 57/39 strangle is being left alone, it is only down $320 on paper because of less gamma risk. That should decay 50% in 3-4 more weeks as well.

Will keep you posted although probably easier and more profitable just to set up SVXY ladders like the rest of the group.

However, I get tax benefit by trading the futures options.