$SVXY 113.5
$SVXY 140
Have a great weekend
Daily Archives: Friday, July 7, 2017
#OptionsExpiration for Jul 7 $SVXY…
#OptionsExpiration for Jul 7
$SVXY Jul 7 113 puts
$SVXY Jul 7 114 puts
$SVXY Jul 7 114.5 puts
$UVXY Jul 7 13 calls
No assignments. If the rally continues into next week I’m going to look to take off some short SVXY puts at good profit %’s to reduce a bit of exposure. I have a feeling the volatility will be back soon.
Options Expiration 7/7/17
— Expiring —
SVXY 135 & 140 puts
SPX add-ons
#SPXcampaign Almost forgot I hadn’t sold my second put spread for the week. Regretting not being aggressive at the close yesterday; now I have to sell about 40 points higher than I could have.
Sold to Open $SPX Aug 4th 2330/2305 put spreads for 1.35.
Also, closed on GTC order: July 14th 2350/2325 put spreads for .20. Sold for 1.40 on June 14th.
#OptionsExpiration #Weeklys #July7 – Not…
#OptionsExpiration #Weeklys #July7 – Not much going on this week. A small correction ended up being wiped out by the close today. #BTFD
Nice to see another round of $DUST Puts expire.
No assignments this week, and a light week next week.
–Expirations —
DUST (Weekly) Jul 7 2017 28 Puts
DUST (Weekly) Jul 7 2017 34 Puts
TRIP (Weekly) Jul 7 2017 40 Calls (Covered)
SVXY (Weekly) Jul 7 2017 85 Puts
SVXY (Weekly) Jul 7 2017 90 Puts
SVXY (Weekly) Jul 7 2017 95 Puts
SVXY (Weekly) Jul 7 2017 105 Puts
SVXY (Weekly) Jul 7 2017 110 Puts
SVXY (Weekly) Jul 7 2017 113 Puts
SVXY (Weekly) Jul 7 2017 120 Puts
UVXY (Weekly) Jul 7 2017 11 Calls (Covered)
UVXY (Weekly) Jul 7 2017 11.5 Calls (Covered)
UVXY (Weekly) Jul 7 2017 12 Calls
UVXY (Weekly) Jul 7 2017 12.5 Calls
UVXY (Weekly) Jul 7 2017 13 Calls
UVXY (Weekly) Jul 7 2017 13.5 Calls
UVXY (Weekly) Jul 7 2017 14 Calls
UVXY (Weekly) Jul 7 2017 15 Calls
UVXY (Weekly) Jul 7 2017 16 Calls
UVXY (Weekly) Jul 7 2017 17 Calls
UVXY (Weekly) Jul 7 2017 18 Calls
UVXY (Weekly) Jul 7 2017 19 Calls
OptionsExpiration
SVXY $90 puts
SVXY $120 puts
SVXY $130 puts
SVXY $140 puts
UVXY $17.50 calls
Have a great weekend everyone.
$UVXY #CoveredCalls – I rolled…
$UVXY #CoveredCalls – I rolled this week’s strike 11.0 calls up to 11.5 for a 0.33 Credit and I rolled this week’s strike 11.5 calls up to 12.0 for a 0.27 Credit.
I’m guessing next week’s UVXY calls open down on Monday so I’m selling them now.
It sure would be nice to see a volatility move last more than 8 hours.
$SVXY #ShortPuts – with a…
$SVXY #ShortPuts – with a lot of positions rolling off today I’m trying to add some for next week without getting too aggressive. More contracts but lower strike prices makes me more comfortable.
Sold SVXY Jul 14 2017 115.0 Puts @ 0.26
Sold SVXY Jul 14 2017 114.0 Puts @ 0.25 & 0.30.
All this with the stock above 156.
SPX trades today
#SPXcampaign
Closed on GTC orders:
$SPX July 12th 2360/2335 put spreads for .20. Sold as part of a #CondorRoll for 5.75 on June 29th.
$SPX July 14th 2340/2315 put spreads for .20. Sold for 1.40 on June 14th.
Extra call spread sold: July 20th (monthlys) 2450/2475 call spreads for 3.75.
#ReverseRoll Stopped: July 7th 2425 short calls closed for 1.35. Sold as 2425/2450 call spreads yesterday for 3.25. Had to bail a few minutes ago.
A second consecutive week with a Thursday/Friday whipsaw. Managed much better this time.
TLT
#PerpetualRollingStrangles – Increasing size just a little…
Sold TLT OCT 20 2017 115.0/130.0 Strangles @ 1.17
Expiring today…
SVXY July 7 114 puts
Enjoy your weekend…
Expirations
I am posting early because I want to go to the gym and nothing is going to happen.
SVXY 159 put will be assigned and cost basis will be 154.70
These will all expire at zero.
SVXY, 85 puts, 90 puts, 112.5 puts, 113 puts, 113.5 puts, 114 puts, 114.5 puts, 115 puts
Have a nice weekend.
EWW
#ShortStrangles – Taking care of this early to get the theta back up to a decent level…
Rolled EWW JUL 21 2017 50.0 Calls to AUG 18 2017 50.0 Calls @ .27 credit
Sold EWW AUG 18 2017 53.0 Puts @ .91
Will continue watching next week’s 52.5 puts to squeeze a few more pennies out of them…
SVXY
#TakeOneForTheTeam from a couple weeks ago…
Originally sold the slightly ITM 166/161 BuPS @ 3.25
Then:
Sold to Close SVXY JUL 7 2017 161.0 Put @ 5.40
This will give me the stock at a basis of 157.35. Going out two weeks to cover it using slightly ITM for some downside protection…still a possible profit of almost 5 points (4.65) while reducing basis to close to 150 (150.35)
Sold SVXY JUL 21 2017 155.0 Call @ 7.00
Market
#Market Another bounce off the threat of a correction. This market simply does not want to go down. VIX is down but not plummeting so probably a good place to sell the market.
$SJM #ShortPuts #FallingKnife – Sold…
$SJM #ShortPuts #FallingKnife – Sold 1 SJM Jan 19 2018 100.0 Put @ 1.60.
This is not normally a very volatile stock.
SPX calls closed
#SPXcampaign Closed on GTC order: $SPX July 28th 2500/2525 call spreads for .20. Sold last week for 1.75.
DUST calls
#ContangoETFs #ShortCalls Followed @optioniceman on a couple and one of my own:
STO $DUST July 21st 42 calls for .50
STO $DUST July 28th 45 calls for .50
STO $DUST Dec 50 call for 4.75
$DUST #ShortCalls – Added some…
$DUST #ShortCalls – Added some short calls to partially hedge some 33/34/35 short Puts coming due in the next few weeks.
Sold DUST Jul 21 2017 42.0 Calls @ 0.50
Sold DUST Jul 28 2017 45.0 Calls @ 0.50
WYNN
#ShortStrangles – Sold against some further out ITM calls. Would like to be out of these by earnings to really take advantage of the high IV that week.
Rolled WYNN JUL 7 2017 135.0 Puts to JUL 14 2017 134.0 Puts @ .30 credit
BABA BUPS (Not a Rock Group)
#shortputs
$BABA STO 7/21 139/145 BUPS @ 2.88 Forexpro idea at OMM
DRIP adding in Sep
At the highest strike
Sold $DRIP Sep 40 call @ 2.00
SVXY
#ShortStrangles – Sold SVXY AUG 18 2017 80.0/180.0 Strangle @ 3.55
Closed Early SPX Campaign
#spxcampaign
$SPX BTC 7/21 2515/2490 @.30 STO 6/26 @ 2.10
$DUST #ShortPuts – Bought to…
$DUST #ShortPuts – Bought to close DUST Jul 7 2017 32.0 Puts @ 0.05.
If it hadn’t closed at the opening I would have cancelled the order and let it expire.
Originally sold 06/08/2017 @ 5.85 on a rolldown of a higher strike option.
FB covered call
#Earnings #CoveredCalls
Yesterday, bought to close $FB July 21st 155 call for .60. Sold for 2.60 on June 19th. Using my last 100 shares as a #CoveredCallCampaign, selling and rolling calls as stock moves higher.
SPX 17-hour trade
#SPXcampaign Bought to close $SPX June 7th 2390/2365 put spreads for .20. Sold 15 minutes before the close yesterday for 1.75. I love the smell of fear in the afternoon and profits in the morning.
June Jobs Report
+222,000 jobs in June. Highest since February (May revised to +152,000)
Unemployment rate up to 4.4% (from 4.3%)
U6 up to 8.6% (from 8.4% in May)
Avg hourly earnings up 0.2%
Labor Force Participation 62.8% (up 0.1 from May)
Options Bistro 