We remain in a Downside Warning until we get a VIX close below 10.61. The market is unable to push much higher so I’m continuing to sell aggressive call spreads until that changes.
Daily Archives: Tuesday, July 11, 2017
After hours fill
#SPXcampaign Sold to Open $SPX July 26th 2450/2475 call spreads for 4.40. As long as VIX closes above 10.61, I will keep shorting this market. My call spreads have kept the dough rolling into my account for the past couple weeks.
SVXY
#ShortCalls – Keeping my size in check…booking a gain and re-selling safer. Thanks guys for the new higher strikes!
Bought to Close SVXY JAN 18 2019 320.0 Call @ 9.75 (sold for 11.75)
Sold SVXY JAN 18 2019 330.0 Call @ 8.30
$NUGT #CoveredCalls – Sold NUGT…
$NUGT #CoveredCalls – Sold NUGT Jul 14 2017 31.5 Calls @ 0.11 with the stock at 28.31.
3 days until expiration.
I hope I’m forced to roll this one out.
$NUGT #ShortPuts – Sold 1…
$NUGT #ShortPuts – Sold 1 NUGT Aug 11 2017 23.5 Put @ 1.09.
This replaces the near term strike 28.0 Put I covered yesterday at 0.86
EXAS
BTC July 21, 30 puts @.05, sold @ .80
SVXY call
Following Iceman.
Sold $SVXY Jan 18 2019 330 call @ 8.50.
ULTA
#Fallingknife candidate
SPX trades
#SPXcampaign Sold to Open $SPX Aug 11th 2325/2300 put spreads for 1.60
Closed on GTC orders:
July 12th 2450/2475 call spreads for .20. Sold for 2.25 on July 5th.
July 12th 2445/2470 call spreads for .20. Sold as part of a #CondorRoll for 5.75 on June 29th.
July 17th 2460/2485 call spreads for .20. Sold as part of a #CondorRoll for 5.10 on June 30th.
For some reason I am…
For some reason I am getting free alerts. If anyone is interested they just posted a put protected Goldman sachs long call diagonal whiz style.
BTO jan 19 170 call
STO July 17 230 call
BTO Jan 19 180 put at 72.60 debit
I have not looked at the trade, just FYI.
SVXY
STO Jul 21 $120 puts @ $.75
STO Jul 28 $105 puts @ $.80
$SVXY #ShortCalls – Sold 1…
$SVXY #ShortCalls – Sold 1 SVXY Jan 18 2019 330.0 Call @ 8.50 with the stock at 161.46
Adding to my position.
I will add if the price spikes.
XRT, XLE popped up on…
XRT, XLE popped up on tasty trade IV rank radar today.
My weekly screen with some of the tools I have showed good premiums in EXPE (don’t know when earnings) and /ES just triggered a 4 hour sell signal this morning. The 4 hour signal is usually good for the next week and about 80% accurate.
Light trading week for me, vacation next week so most of my trades will be to re-position so I don’t have anything expiring next week.
$SVXY #ShortCalls – Yesterday I…
$SVXY #ShortCalls – Yesterday I Sold 1 SVXY Jan 18 2019 330.0 Call @ 8.20. I will add if the price spikes.
Economic Data
6:00am EST NFIB Small Business Index – street sees 104.4
10:00am EST JOLTS Job Openings – street sees 5.98M
10:00am EST Final Wholesale Inventories m/m – street sees 0.3%
12:30pm EST FOMC Member Brainard Speaks
Earnings before Open
JEAN COUTU GRP (PJC) – consensus 0.24
PEPSICO INC (PEP) – consensus 1.40
Earnings After Markets Close
AAR CORP (AIR) – consensus 0.43
Options Bistro 