#SPXcampaign These were roll-trades from Wednesday:
BTC SPX Aug 2nd 2435/2460 call spreads for 23.15
STO SPX Aug 9th 2440/2465 call spreads for 21.05
BTC SPX July 31st 2470/2495 call spreads for 10.20
STO SPX Aug 7th 2480/2505 call spreads for 7.50, and Aug 7th 2470/2445 put spreads for 4.20
Expired
#spxcampaign
$SPX 7/26 2475/2450 BECS @ Max Loss
Closed Early
#earnings
$GOOGL BTC 7/28 1017.50/1007.50 BECS @ 97% profit
#spxcampaign
$SPX BTC 7/28 2505/2480 BECS @ 56% profit
#shortputs
$NFLX BTC 8/4 200/190 BECS @53%
#shortputs
$WYNN STO 8/4 130 put @ 1.90
$SVXY STO 8/11 85 put @ 1.50
I went kiteboarding for 5 hours and when I came back multiple positions are now ITM…………..when I left everything was where it should be.
#ContangoETFs BTC $DUST Jan-2018 90 call for .75. Sold for 7.70 on March 8th.
#Earnings I’ve held FSLR stock for a long time and a long ways down. Ready to unload it if these fill.
STO FSLR July 28th 48 call for .77
STO FSLR July 28th 49 call for .56
$AMZN #ShortStrangles #Earnings – Sold AMZN Jul 28 2017 940.0 Puts/1190.0 Calls @ 1.00 with the stock at 1044
STO one contract January 2019, 700 put @20.10
#Earnings Sold to Open $AMZN July 28th 1030/1050/1070 #IronButterfly for 17.85. Max risk, 2.15. Trying for another at a better price, but 18.00 is not filling.
$M #CoveredCalls – Sold M Sep 15 2017 28.0 Calls @ 0.36 with the stock at 24.29
Added a few more, still playing small. Definitely missed the peak of the spike, was in a meeting during the real chaos.
STO $SVXY Aug 4 $74 puts @ $.45
STO $SVXY Aug 11 $67.5 puts @ $.61
STO $UVXY Aug 11 $45 calls @ $.74
STO $UVXY Aug 25 $60 call @ $1.27
STO $UVXY Sep 1 $60 call @ $1.27
$UVXY #CoveredCalls – Sold UVXY 25/100 (Weeklys) Jul 28 2017 10.0 Calls @.08 against some odd lot long stock positions left over from the last split.
Best trade of the day. Equal to 40 on the current stock.
NUGT #shortcalls
BTC NUGT 33.5 Aug 11 for $1.20, sold earlier today for $2.10
#VXXGame So that appears to be what constitutes a “correction” in 2017, huh? Stay long and strong?
#ReverseDoubleRoll
BTC $SVXY Sept 15th 90 call for 7.45. Sold as the 100/180 strangle (pre-split) for 18.95 on 3/21.
Sold (2) SVXY Sept 77.5 puts for 3.70.
That’s one down, 3 more short 90 calls to roll.
$UVXY #ShortCalls #VXXGame – small positions for farther out in time. Highest available strike.
Sold 1 UVXY Sep 15 2017 65.0 Call @ 2.59
Sold 1 UVXY Dec 15 2017 65.0 Call @ 6.70
STO BeCS Jun 28 31/40 for 0.85, expires tomorrow price falling fast.
$ULTA #ShortPuts #FallingKnife – Sold ULTA Jan 19 2018 150.0 Puts @ 1.65 with the stock at 246.94
I sold todays assigned stock at $946.65, held 970 put until it hit $40 (missing last $10.) I expect to net out all trades in GOOG for week (began with 1010/990/970 IC for 19.75) at -$2.75 considering being put yesterday and today at 990 and selling, hoping to get greater gain from 970 put – true today +$16, not yesterday -$6 .
A rollercoaster ride that I hope to learn from – don’t trade in first 15 minutes until last nights trades clear, then watch for a trend. If it has run for three pullback touches of 5 ema expect next touch to break thru on strong reversal.
#CoveredPuts #ShortStock
Bought to cover SRPT short stock at 43.00 yesterday and 40.78. Still short more shares so selling covered puts against it: STO $SRPT Sept 15th 35 covered put for 1.20.
Sold to Open $NVDA Aug 18th 155 put for 2.00.
$UVXY #ShortCalls #VXXGame #OptionLadder – Finally a spike !!!
Sold UVXY Aug 4 2017 60.0 Calls @ 0.32
Sold UVXY Aug 11 2017 60.0 Calls @ 0.51
Sold UVXY Aug 18 2017 60.0 Calls @ 1.23
Sold UVXY Aug 25 2017 60.0 Calls @ 1.25
Sold UVXY Sep 1 2017 60.0 Calls @ 1.93
#SPXcampaign Sold to open $SPX Aug 25th 2520/2545 call spreads for 1.90, when SPX was at 2481.
Sold to Open $SPX Aug 25th 2380/2355 put spreads for 1.40, when SPX was at 2466.
I made some rolls yesterday that I will post before the end of today, along with updated chart.
Selling some puts to offset all the short calls in January
Sold $SVXY Aug 18 70 puts @ 1.50
#PerpetualRollingStrangles – With the latest sale I was actually over sold on the put side by 3:1. Showing weakness today so booking the extras…
Bought to Close EWW AUG 11 2017 54.0 Puts @ .11 (sold for .45)
Bought to Close EWW AUG 18 2017 53.0 Puts @ .12 (sold for .91)
STO August 18, 56 puts @.48
STO August 18, 55 puts @.52
#Earnings Sold to Open $EA July 28th 117/114 put spreads for 1.40, with stock at 116.50. This was trading at 120 an hour ago. Bullish stock, decent r/r. (Max risk 1.60).
Biggest UP move: 13.7%, Biggest DOWN move: -7.5%, Average move: 5.9%. Upside bias: +2.46%
SVXY, STO September 1, 57.5 puts @.69
SVXY, STO September 1, 55 puts @ .65
SVXY, STO August 18, 58 puts @ .52
SVXY, STO August 18, 59 puts @.54
SVXY, STO August 25, 55 puts @.55
SVXY, STO August 18, 57 puts @ .50
#VXXGame Sold to Open these $SVXY puts, my first in awhile, against several SVXY short calls:
Aug 18th 80 put for 1.95
Sept 1st 80 put for 2.80
Sept 15th 75 put for 3.25
#Futures – Short /ES against short puts for basis improvement. I’ve been slightly over writing the puts to keep up with the rise. Taking some off to give ‘er more downside room.
Bought to Close /ES AUG 17 (Wk1) 2450 PUT @ 4.25 (sold for 12.50)
#Earnings #ShortPuts Sold to Open $EXPE July 28th 150 puts for 2.05.
Biggest UP move: 12.9%, Biggest DOWN move: -11.5%, Average move: 6.5%. This trade is -2.3% OTM. Bullish stock… the -11.5% down move was in Feb 2015 and is an outlier. Next biggest down move was only -2.2%.
#ShortStrangles – Still aggressively selling against a DITM put.
Bought to Close CMG JUL 28 2017 365.0 Call @ .10 (sold for 10.00 after a roll down into earnings)
Sold CMG AUG 4 2017 355.0 Call @ 2.55 (yesterday)
#Earnings Volatility in the last few minutes got me filled on this, despite very wide bid/ask spreads.
Sold to Open $AMZN July 28th 1037.5/1042.50/1092.5/1097.5 #IronCondor for 3.50. Max risk, 1.50. Set the order when AMZN was at 1068, filled when it was at 1053.
Over last 12 quarters, Biggest UP move: 14.1%, Biggest DOWN move: -9.6%, Average move: 7.4%. This trade is +3.8% and -1.0% OTM.
When you reduce to the last 6 quarters, the moves are smaller: Biggest UP move: 9.6%, Biggest DOWN move: -7.6%, Average move: 4.6%.
Also considering a 20-point wide #IronButterfly, which I may sell at end of the day.
STO September 1, 62.5 puts at .80
STO September 1, 65 puts at .90
Someone definitely turned on a sell program @ 12 Noon Eastern. Just straight down from there.
Be careful.
One small trade
STO Aug 11 $50 calls @ $0.35
What’s the news?
STO September 1, 60 puts @.60
$NFLX #ShortStock – Covered the short position I have not hedged with puts @ 184.89, for a gain on the trade.
$NFLX #CoveredPuts – Sold 1 more NFLX Jul 28 2017 185.0 Put @ 1.17 with the stock at 185.18. This expires tomorrow against part of my short stock position.
$NFLX #CoveredPuts – Sold NFLX Jul 28 2017 185.0 Puts @ 0.67 with the stock at 186.25.
These expire tomorrow against only some of my short stock position
$NUGT $DUST – big reversals from the moves yesterday.
BX diagonal. Had CC but was exercised early for dividend. This account already has a stuck position until Jan. 2018 expiration with some leaps on EEM so can’t do much until then.
BTO Jan 2019 25 call and STO Jan 2018 33 call for debit of 7.02. Does not look like much, only 3 contracts but is a 47% return for 176 days anywhere above 32.
#PerpetualRollingStrangles – Replacing some Aug 11 and Aug 18 positions that are almost worthless.
Sold EWW SEP 15 2017 55.0 Puts @ .61
$UHS #ShortPuts #FallingKnife – Sold UHS Jan 19 2018 90.0 Puts @ 1.50 with the stock at 111.01
$ALXN #ShortCalls #Strangle – sold some calls, turning some of my long term put positions into strangles.
Sold 1 ALXN Aug 18 2017 145.0 Call @ 2.10 – 22 days until expiration
Sold 1 ALXN Nov 17 2017 165.0 Call @ 2.35
$KR #CoveredCalls – Sold KR Jan 19 2018 29.0 Calls @ 0.45 with the stock at 23.75.
My BeCS yesterday is way underwater. Would have never thought BA would have continued to scream higher with all the afterburners turned on. Should have waited to enter any position (unless I could have foreseen just buying calls). Forgetting that position, any thoughts now with this stock now in orbit?
BTC August 18, 95 puts @.05, sold @ 2.50
#Earnings – Bought 71/74/77 Iron flies @ 1.75 (sold for 2.15)…..small winner
Assigned another lot at $990. Yesterday I sold the 970 call early and held the stock till near end of day – expecting margin call that never came. Today do I expect the same price action, or the opposite???? Decisions
Options Bistro 