Closed Early

#spxcampaign
$SPX BTC 9/15 2545/2520 BECS @ 89% profit
$SPX BTC 9/15 2540/2515 BECS @ 91% profit

$DUST #ShortPuts #Speculation – in…

$DUST #ShortPuts #Speculation – in case the run in gold runs out of gas –
Sold DUST Sep 1 2017 22.0 Puts @ 0.40 – these expire Friday
Sold DUST Sep 8 2017 21.0 Puts @ 0.40.
Both trades when the stock was about 22.70.

$NUGT #ShortCalls – Sold NUGT…

$NUGT #ShortCalls – Sold NUGT Sep 1 2017 40.0 Calls @ 0.44 with the stock at 37.58. These expire Friday.

$SLV #ShortPuts – Bought to…

$SLV #ShortPuts – Bought to close SLV Oct 20 2017 13.5 Puts @ 0.01.
They won’t trade any lower and still have two months to run.

$SJM #ShortPuts #FallingKnife – Sold…

$SJM #ShortPuts #FallingKnife – Sold 1 SJM Jan 19 2018 95.0 Put @ 1.65 with the stock at 104.28

$NUGT #CoveredCalls – Sold 3…

$NUGT #CoveredCalls – Sold 3 NUGT 25/100 Sep 15 2017 10.0 Calls @ 0.30 against a 75 share position.
The effective strike price is 40.0

BBY earnings

#Earnings Sold to Open $BBY 57.5 puts for 1.06. Biggest UP move: 21.5%, Biggest DOWN move: -7.4%, Average move: 8.6%. This trade is 7.5% OTM.