#OptionsExpiration for 7/28
Expirations:
$SVXY Jul 28 40 puts
$SVXY Jul 28 47.50 puts
$SVXY Jul 28 50 puts
$TSLA Jul 28 245 puts
$TWLO Jul 28 30 calls (covered)
$UVXY1 Jul 28 20 calls (pre-split strike)
Assignments:
$HES Jul 28 49 puts
$HES Jul 28 43.50 calls
This was an inverted strangle that had been rolled/adjusted to bring in premium. The goal was for the stock to finish between the strikes and have both sides assigned and zero each other out.
Have a great weekend everyone.
#SPXcampaign Closed $SPX Aug 4th 2435/2460 call spreads for 21.50. Sold for 21.05 last Friday.
#ITMroll Sold SPX Aug 11th call spreads for 20.25.
#OptionsExpiration #Earnings #CoveredCalls #ContangoETFs #ShortStrangles #ShortCalls
— Expiring w/Max Profit —
DUST 45 calls
FSLR 49 covered call
— Assignments —
HCA 83.5 puts, taking stock, cost basis 82.30
FSLR 48 covered call, releasing half of stock position
— Expiring w/Loss —
AMZN 1037.5/1042.5/1092.5/1097.5 #IronCondor
AMZN 1030/1050/1070 #IronButterfly
GOOGL 980/1000/1020 Iron Butterflys
EXPR Jul 28 146/144 .34
Thx Jeff
Full Profit (except where noted)
$SPX 2310/2335 BUPS
$SPX 2320/2345 BUPS
$AAOI 80/90 BUPS
$GOOGL 927.50/937.50 BUPS (Other half of Earnings IC closed earlier @97% profit)
$MCD 152.50/155 BUPS IC Earnings Trade (BECS part of trade reduced full profit of the IC by 50%)
$BA Earnings BUPS 210/215
$AMD 16 call (Covered)
$SVXY 55 put
$HCA 88 calls
Assignments
$HCA 83.5 puts (82.24 basis)
$WYNN 133 puts (129.50 basis)
Have a wonderful weekend.
#LongCallDiagonals #IRA – Appears to be running out of steam so booking a nice winner and freeing up a sizable chunk of margin.
Sold to Close EWZ JAN 18 2019 30.0 Calls @ 9.50
Bought to Close EWZ JAN 18 2019 25.0/20.0 Bull Put Spreads @ .75
Bought to Close EWZ AUG 18 2017 37.0 Calls @ 1.07
Bought to Close EWZ SEP 15 2017 36.0 Calls @ 2.23
After front month premium factored in, a gain of 1.90 each on a good size chunk of contracts. Will definitely re-load this on a pullback.
Still small expiration’s as I haven’t been an aggressive seller.
SVXY $45 puts
SVXY $52.5 puts
SVXY $80 puts
UVXY $31 calls (sold this morning)
UVXY $37.5 calls
#OptionsExpiration #Weeklys #Jul28 – A few earnings plays $CMG $AMZN, some old volatility positions $SVXY $UVXY, and some covered calls $TRIP $UAA, are all expiring.
My $NFLX covered puts are being assigned, taking me out of the remainder of the short stock position from last week at a nice gain.
— Expirations —
AMZN Weekly Jul 28 2017 940 Puts
AMZN Weekly Jul 28 2017 1090 Calls
CMG Weekly Jul 28 2017 300 Puts
DUST Weekly Jul 28 2017 26 Puts
DUST Weekly Jul 28 2017 27 Puts
DUST Weekly Jul 28 2017 45 Calls
NUGT Weekly Jul 28 2017 24 Puts
NUGT Weekly Jul 28 2017 26 Puts
SVXY Weekly Jul 28 2017 40 Puts
SVXY Weekly Jul 28 2017 42.5 Puts
SVXY Weekly Jul 28 2017 45 Puts
SVXY Weekly Jul 28 2017 47.5 Puts
TSLA Weekly Jul 28 2017 245 Puts
TRIP Weekly Jul 28 2017 40 Calls (Covered)
UAA Weekly Jul 28 2017 25 Calls (Covered)
UVXY 25/100 Weekly Jul 28 2017 10 Calls (Covered)
UVXY 25/100 Weekly Jul 28 2017 11 Calls (Covered)
UVXY 25/100 Weekly Jul 28 2017 12 Calls (Covered)
UVXY 25/100 Weekly Jul 28 2017 20 Calls
— Assignments —
NFLX Weekly Jul 28 2017 185 Puts (Covered) – eliminates a short stock position
First, have a nice weekend.
In the IRA, SVXY 45 puts
In the trading account: all SVXY puts
47.5 puts,50 puts,52.5 puts,55 puts,57.5 puts,60 puts,80 puts.
Will be assigned the 92.5 puts that I took for the team. I fell on the grenade and it worked for one day of volatility.
UVXY #shortcalls
Expiring Jun 28 31/40 BeCS sold yesterday for 0.85
$ALXN #ShortCalls – Sold 1 ALXN NOV 17 2017 165.0 Call @ 2.85 with the stock at 138.20.
Paired with existing short Puts for November that are already profitable.
$SBUX #ShortPuts #FallingKnife – Sold 1 SBUX Jan 19 2018 50.0 Put @ 1.36 with the stock at 54.74
#SPXcampaign BTC $SPX July 31st 2485/2460 put spreads for 15.00. Sold for 9.60 on Jul 20th.
Sold to Open SPX Aug 9th 2440/2415 put spreads for 2.10. To get back to normal order, I’m going to sell spreads further out until we have the next decent drop. It will take longer to make up for some of my stop-losses, but with market uncertainty I’m getting whipped around too much with ATM and NTM spreads.
#shortputs
$AMZN STO 8/4 990/1000 BUPS @ 1.50
$WDC STO 9/15 77.50 @ 1.40 Thank you @hcgdavis
$WDC STO 10/20 72.50 @ 1.57 Thank you again
Closed Early Getting Kind of Scared
$SPX BTC 8/4 2295/2320 BUPS @ 93% profit
$SPX BTC 8/9 2510/2485 BECS @ 3.30 STO @ 1.55
$FSLR BTC 8/18 35/40 BUPS @ 65% profit (GTC order – missed the big jump this AM. Interesting how a big jump up and your stop gets hit close to the order price. When stock plummets down – rips right through my stops – Paranoia I suspect)
#Earnings Bought to close $EA July 28th 117 puts for .15. Sold yesterday in the 117/114 put spread for 1.40.
#Earnings I had two each of the #IronButterly and the #IronCondor. I have now closed one of each for less than max loss. Holding the others as it looks possible that AMZN may actually end the day decently.
BTC July 28th 1030/1050 put spread (from the IB) for 19.80. Sold yesterday for 17.875.
BTC July 28th 1037.5/1042.5 put spread (from the IC) for 4.70. Sold yesterday for 3.50.
Rolled a bunch of 90 and 90.5 puts from this week to next for various credits from 0.27 to 0.32.
If it keeps going down next week I will separate them and start to ladder.
Big support and long term support at 86 where it is now @fuzzballl
#ShortStrangles #ShortPuts #IRA – I wanted a chance to get in. Looks like I got it…
Sold WDC JAN 19 2018 75.0 Put @ 3.95
Sold WDC JAN 19 2018 70.0 Put @ 2.70
And in regular account:
Sold WDC SEP 15 2017 80.0/95.0 Strangle @ 2.90
#FallingKnife? – Been looking to get in this one at some point.
#ShortPuts Managing a winner @ 80% with 84 DTE, BTC $TRTN Oct 20 25 puts @ .40, STO May 19 @ 2.57 in IRA acct.
$UAA #ShortPuts – Sold UAA SEP 15 2017 17.5 Puts @ 0.66.
49 DTE
$NUGT #CoveredCalls – Rolled some calls about to expire today up 2 points and out 1 week
Bought to close NUGT JUL 28 2017 34.0 Calls/ Sold NUGT AUG 4 2017 36.0 Calls @ 0.27 Credit.
I would welcome an assignment at 36.
After earnings had sold Jul 28 230/235 BeCS for 1.45 when stock was at about 230, but stock went into orbit after that. Can’t stay there forever (maybe), so just rolled same spread out a week to Aug 4, for 0.47 debit. Still have profit and perhaps it will come back to earth a bit so I can get out better, or roll up and out.
SPX trending down, VIX, TLT, and Gold trending up.
TICKS kind of trending up, however.
#SPXCampaign Couldn’t hold onto these with weakness today.
Bought to close $SPX July 28th 2465 puts for 3.00. Sold in the 2465/2440 put spread for 3.70 on July 20th. Will sell the long 2440 puts if we drop more.
Bought to close SPX July 31st 2470/2445 put spreads for 4.70. Sold in the 2445/2470/2495 #IronButterfly (#IBroll) for 15.65 on July 19th.
I am backing off on put rolls for now, given the market weakness. I have too many spreads near the money. Had been looking to close out the week on a high note with weakness more likely next week, but it came early so now I’m on guard. My main goal now is to get back to normal order with fewer spreads so close to the money.
#VXXGame – Only had to go up 8 cents above my standing offer to get filled. Making room for some more sales if we spike a little higher.
Bought to Close UVXY1 JAN 19 2018 25.0/40.0 Bear call spreads @ .38 (sold for 2.70)
STO I contract of the January 2018, 65 calls @ 6.15
#LongCallDiagonals Here we go…jumping back in. Whiz style but instead of buying a DITM call I’m going synthetic stock with a protective put and selling front months against. June 2019 now available so going out as far as possible.
Bought to Open AMZN JUN 21 2019 1000.0 strike #SyntheticStock @ 38.00
Bought to Open AMZN JUN 21 2019 700.0 Put @ 30.00
Sold AMZN AUG 4 2017 1035.0 Call @ 4.15
Net debit of 63.85 so need to average 65 (.65) dollars per week of front month sales to breakeven. May end up going monthlies if we head back up to give more room. Similar trades on AMZN GOOGL GS JPM EWZ and VRX have capped what could’ve been huge gains due to selling front month too closely.
#Earnings Bought to Close AMZN July 28th 1030/1050/1070 #IronButterfly @ 19.50 (sold for 17.90)
Don’t see it recovering today so taking what I can get and cutting max loss by .50
STO Jul 28 $31 calls @ $0.65, expire today.
speculative binary trade, either expires worthless today or will have to roll it near the close.
#Earnings BTC $EXPE July 28th 50 puts for .10. Sold yesterday for 2.05. Taking few chances on allowing anything to drop on me today.
#Earnings Swing and a miss for $AMZN, after opening at all-time highs yesterday, stock way down this morning on a fairly big earnings miss. EA also down, EXPE flat.
Everything looking under pressure today.
Options Bistro 