#VIXIndicator With the late day pullback the VIX remained above the 78.6% Fib line, meaning the Downside Warning remains in effect.
Daily Archives: Monday, July 3, 2017
Have a nice 4th of July to everyone.
I look forward to the rest of the week.
SVXY
STO August 4, 95 puts @1.25
STO August11, 90 puts @1.40
Closing some NUGT
$NUGT Bought to close Sep 15 58 calls @ .44. Sold for 2.60 on 5/22.
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 4th 2320/2295 put spreads for 1.30. Normally would wait to see if Tuesday was a down day, but since there is no Tuesday this week…
SVXY
STO August 4, 110 puts @2.10
SPX and SVXY
#SPXcampaign #VXXGame Sold a couple that expire this Friday:
$SPX July 7th 2415/2390 put spreads for 3.00
$SVXY July 7th 135 puts for .55
Margin release
#ContangoETFs BTC $NUGT July 21st 50 call for .05. Sold for 1.25 on June 6th.
#Earnings BTC $AZO Sept 15th 480 put for 3.10. Sold for 3.70 on May 24th. Overall earnings trade turned out nicely profitable, so I don’t need this extra put that gobbles up too much margin to wait another month or two.
SPX trades
#SPXcampaign Sold to Open $SPX Aug 4th 2495/2520 call spreads for 1.50.
Closed on GTC order: SPX July 7th 2360/2335 put spreads for .20. Sold for 1.30 on June 9th.
$QQQ – Nasdaq diverging from…
$QQQ – Nasdaq diverging from the DOW and S&P – not sure it means anything yet but worth watching
SVXY
Replacing some puts that expired on Friday.
STO July 28, 110 puts @1.40
CVS
BTC July 21, 65 puts @.01, sold @ 1.45, closing 3 weeks early and can’t make any more on this one.
EWZ, Fuzzball trade
STO July 14, 34.50 call at .70 against my diagonal long 2019 20 call. So far I have collected $4,797 in premium against my cost of $31,011 so this is working well so far.
Econ Calendar for week of 7/3/17
JOBS report this Friday
Options Bistro 