#OptionsExpiration for 8/4
Only 2 today
$ATVI Aug 4 60 puts
$CMG Aug 4 300 puts
I’ve been taking a bunch of stuff early. Things feel really risky right now.
Thanks for all the great ideas everyone.
Daily Archives: Friday, August 4, 2017
#xle assignment 66.65.5 and 67…
#xle
assignment
66.65.5 and 67
will sell straddle next week or cc
$VIAB #ShortPut #FallingKnife – Sold…
$VIAB #ShortPuts #FallingKnife – Sold 1 VIAB JAN 19 2018 27.5 Put @ 1.50 with the stock at 30.33.
The stock is very near the 3-year low at 30.11.
#OptionsExpiration #Weeklys #Aug4 – Some…
#OptionsExpiration #Weeklys #Aug4 – Some nice #Earnings trades this week in $CMG $GRMN $TSLA and $UAA.
Also the standard Volatility trades.
Those are becoming harder to find without taking big risks as the $VIX index is hovering near 10.
No assignments this week.
— Expirations —
CMG Weekly Aug 4 2017 300 Puts
GRMN Weekly Aug 4 2017 45.5 Puts
NUGT Weekly Aug 4 2017 36 Calls (Covered)
SVXY Weekly Aug 4 2017 40 Puts
SVXY Weekly Aug 4 2017 42.5 Puts
SVXY Weekly Aug 4 2017 45 Puts
TSLA Weekly Aug 4 2017 250 Puts
TSLA Weekly Aug 4 2017 255 Puts
UAA Weekly Aug 4 2017 23.5 Calls
UAA Weekly Aug 4 2017 24.5 Calls
UVXY Weekly Aug 4 2017 35 Calls (Covered)
UVXY Weekly Aug 4 2017 35.5 Calls (Covered)
UVXY Weekly Aug 4 2017 36 Calls
UVXY Weekly Aug 4 2017 54 Calls
UVXY Weekly Aug 4 2017 55 Calls
UVXY Weekly Aug 4 2017 56 Calls
UVXY Weekly Aug 4 2017 57 Calls
UVXY Weekly Aug 4 2017 58 Calls
UVXY Weekly Aug 4 2017 59 Calls
UVXY Weekly Aug 4 2017 60 Calls
UVXY 25/100 Weekly Aug 4 2017 14 Calls
UVXY 25/100 Weekly Aug 4 2017 20 Calls
OptionExpiration
$SVXY Aug 4th 80 Puts Have a great wekend all.
Expirations
SVXY: 42.5 puts, 45 puts, 47.5 puts,50 puts,52.5 puts,55 puts
Assignments:
92.5 puts, taking one for the team.
WDC, 84 puts
OptionsExpiration
SVXY $74 puts
SVXY $75 puts
UVXY $31/$34 call spreads
UVXY $35/$37.5 call spreads
UVXY $38 calls
UVXY $44.5 calls
Have a great weekend everyone.
Options Expiration 8/4/17
— Expired w/max profit —
ATVI 60 puts
NVDA 160 puts
REGN 440/430 put spread
STMP 137/125 put spreads
— Expired w/max loss —
AAPL 145/150/155 iron butterflys
DISH 62.5/64.5/65/67 iron condors
NUGT #shortcallspreads BTC Sep 15…
NUGT #shortcallspreads
BTC Sep 15 34/50 call spread for $1.43, sold for $3 in leg-in earlier this week and last week.
NUGT #shortcalls BTC Dec 15…
NUGT #shortcalls
BTC Dec 15 $34 call for $4.60, sold last week for $6.60
$DUST 29.60 $NUGT 29.92 -…
$DUST 29.60 $NUGT 29.92 – the stocks are trading at roughly the same price again, but over time the crossovers are at lower and lower levels as the tracking error from $GDX takes a toll on both stocks.
The best way to take advantage of this is to be short calls on both, adding Theta decay to the equation.
Just be prepared for occasional big swings.
SPX trades
#SPXcampaign
Sold to Open $SPX Sep 1st 2395/2370 put spreads for 1.40.
Sold to Open Aug 16th 2450/2425 put spreads for 2.25.
Closed Aug 9th 2500/2525 call spreads for .15. Sold as part of a #CondorRoll for 3.35 on July 14th.
Closed Aug 11th 2440/2465 call spreads for 21.95.
#ITMroll Sold Aug 18th 2445/2470 call spreads for 19.90
#SPXcampaign SPX 4 AUG 17…
#SPXcampaign SPX 4 AUG 17 2330/2230 BuPS will be close worthless. STO 5 JUL 2017 @4.90. I should close it early but the market was going up. Therefore, I left it closing worthless.
$MYL #ShortPuts #FallingKnife – Sold…
$MYL #ShortPuts #FallingKnife – Sold 1 MYL Jan 30.0 Put @ 1.65 with the stock at 32.91
$PRGO #ShortPuts #FallingKnife #OptionLadder –…
$PRGO #ShortPuts #FallingKnife #OptionLadder – sold these this morning.
Sold 1 PRGO NOV 17 2017 55.0 Put @ 1.30 with the stock at 67.09.
Sold 1 PRGO Jan 19 2018 50.0 Put @ 1.15 with the stock at 67.13.
The three year low is 65.47 from this past April.
$NBL #ShortPut #FallingKnife – Sold…
$NBL #ShortPuts #FallingKnife – Sold 1 NBL FEB 16 2018 22.5 Put @ 1.20 with the stock at 25.55.
The 3-year low is 23.77
$ABC #ShortPuts #FallingKnife #OptionLadder -…
$ABC #ShortPuts #FallingKnife #OptionLadder – sold these this morning.
Sold 1 ABC NOV 17 2017 70.0 Put @ 1.15 with the stock at 80.38
Sold 1 ABC Jan 19 2018 67.5 Put @ 1.25 with the stock at 80.72.
The three year low is 68.38
BTC 8/25 XBI 72.5 puts…
BTC 8/25 XBI 72.5 puts at 0.35. Originally sold at 2.25 as part of a roll so profitable on the original position.
I could have left it but want some extra margin to help adjust the WDC drop which would be a good #fallingknife candidate now. All time high 2 weeks ago, down 16 points now.
$AAOI #ShortPuts #FallingKnife – Sold…
$AAOI #ShortPuts #FallingKnife – Sold 1 AAOI Sep 15 2017 55.0 Put @ 1.40 with the stock at 69.10
Staying very small on this stock
$SVXY #ShortCall – Sold 1…
$SVXY #ShortCalls – Sold 1 SVXY JAN 19 2018 132.5 Call @ 2.47 with the stock at 91.29.
The clock is ticking on these with only about 5 months to expiration and the VIX index at 9.68.
$AMZN
Closed my Aug 11th BeCS @ 0.12. Sold Tuesday for 0.80.
$PXD #ShortPuts #FallingKnife – Sold…
$PXD #ShortPuts #FallingKnife – Sold 1 PXD JAN 19 2018 90.0 Put @ 1.20 with the stock at 134.21
The 3-year low on the stock is 103.50.
$TRIP #CoveredCalls #Rollout #Earnings Bought…
$TRIP #CoveredCalls #Rollout #Earnings
Bought to close 1 TRIP AUG 4 2017 40.5 Call @ 0.01
Sold to Open 1 TRIP AUG 11 2017 42.0 Call @ 1.06
UVXY–closing some pre-split Sep positions
For less than .05.
Bought to close $UVXY1 Sep 15 55 calls @ .04. Sold for .60 on 5/17
Bought to close $UVXY1 Sep 15 60 calls @ .04. Sold for .70 on 6/29
#VXXGame
$MYL #FallingKnife Sold $MYL Jan…
$MYL #FallingKnife
Sold $MYL Jan 19 2018 30 puts @ 1.56.
Stock has gotten hit by 15% over the last few days. Earnings are next week.
Closing Oct TGT
Bought to close $TGT Oct 20 45 puts @ .10. Sold for 1.11 on 3/14.
Long The Dollar
#longcalls
$UUP BTO 9/15 24 call @ .43 (Bridget at OMM)
Closing Aug NUGT
Bought to close $NUGT Aug 18 45 calls @ .02. Sold for .90-1.25 from 6/21-6/23.
TLT GLD
I haven’t been posting any of the #PerpetualRollingStrangles positions but still in them and working. I was getting early exercised a couple times on some DITM TLT. Sometimes as early as 18 days out they were getting tagged. So based on some TT research and trying to maximize P/L per day I’ve been rolling the ITM positions about 3 weeks early and resetting to the 45 day mark. I’ve noticed a huge improvement in daily swings and a nice steady rise in the gains for the positions.
FWIW…
AAOI puts
STO Dec 15 55 P @ 5.10 with stock at 72.40
ISRG
#Earnings – Here’s one that’s been a work in progress because it’s been so strong. During it’s earnings run up starting last April I’ve been rolling puts up and went inverted as she passed through my short call at about 875. Finally leveled off and I took the stock at a 904 basis. Since then been rolling the ITM call up.
So finally:
Rolled ISRG AUG 18 2017 895.0 Call to SEP 1 2017 900.0 Call @ .40 credit.
Almost back to even. As Sep approaches have to decide whether to say goodbye at even or keep rolling up to finally get some gains. It’s finally showing some weakness. What a run!
$PXD #FallingKnife Taking Iceman’s trade…
$PXD #FallingKnife
Taking Iceman’s trade from yesterday.
Sold $PXD Jan 19 2018 95 puts @ 1.40.
$AAOI
Morning all. Wow on the post earnings action. Sold Aug 25th 60 Puts @ 1.40 when $AAOI was at 71.26.
MOMO
BTC Aug 18 40 P for 0.40. Originally sold for 0.90.
Will take my 50+%. Market seems uncertain with some big implosions on some stocks. With this one being Chinese, hard to understand or trust their financials and where they may be going.
TSLA
#Earnings – Stock feels kinda strong so booking this earnings trade now.
Bought to Close TSLA AUG 4 2017 350.0/345.0 Inverted Strangle @ 6.85 (sold for 9.05)
AAOI puts
#Earnings I have not traded this before and normally don’t do the #FallingKnife trades, but too good to resist.
Sold $AAOI Sept 15th 55 puts for 1.25.
AAOI
#Earnings – Managing the earnings implosion. Rolling and selling to get the deltas to a more reasonable level.
Started with a scalp:
Bought to Close AAOI AUG 4 2017 75.0 Calls @ .80 (sold for 1.10)
And got all the short puts into same expiration for simplicity:
Rolled AAOI AUG 11 2017 90.0 Put to SEP 22 2017 85.0 Put @ 1.10 debit
Rolled AAOI AUG 18 2017 85.0 Put to SEP 22 2017 85.0 Put @ 3.07 credit
Rolled AAOI AUG 25 2017 80.0 Put to SEP 22 2017 80.0 Put @ 2.54 credit
Against all of that:
Sold AAOI AUG 11 2017 75.0 Calls @ 1.75
One For The Team
#shortputs
$AAOI STO 8/18 70 put @ 3.60
WDC rolled next week 90.5…
WDC rolled next week 90.5 to 2 weeks out for 0.15 credit. I had no decay and just want another week or 2 to manage before I take more shares and trying to keep some margin open so I can follow some of you on these other trades.
That’s all I have today. Everyone have a good weekend!
SPX calls sold
#SPXcampaign Sold to Open $SPX Sept 1 2520/2545 call spreads for 1.55. You can get more now.
July Jobs Report
#Market Pretty much good news all around:
+209,000 jobs. June revised to +231,000
Unemployment rate back to 4.3%, after ticking up to 4.4% in June
U6 unchanged at 8.6%
Avg hourly earnings up 0.3%, better than June (up 0.2%)
Labor Force Participation 62.9% (up 0.1 from June)
#xle of the 3 put…
#xle
of the 3 put strikes i have 66,66.5 and 67 the 67 was assigned right after midnight instead of Saturday? weird
AAOI #fallingknife candidate will look…
AAOI #fallingknife candidate
will look to sell some puts on this today.
Non-Farm payrolls was actually pretty…
Non-Farm payrolls was actually pretty good, market didn’t even wiggle.
Options Bistro 