#spxcampaign
$SPX STO 9/13 2430/2455 BUPS @ 3.65
$SPX STO 9/15 2505/2480 BECS @ 5.10
Daily Archives: Thursday, August 31, 2017
Downside Warning officially over
#VIXIndicator closed below the Fib 78.6% line, so the warning is over. Likely more upside in the coming days. Two more consecutive days below 10.65 will mean an Upside Warning.
#spxcampaign sto sept 29 call…
#spxcampaign
sto sept 29 call 2525/2550 @ 1.50
@ about 13:30
$NUGT #ShortCalls – Sold 1…
$NUGT #ShortCalls – Sold 1 NUGT Nov 17 2017 60.0 Call @ 1.45. Highest available strike price.
Taking off some UVXY
Taking a cue from Iceman, I took off some positions with strikes in the 60s since I am also short at higher strikes. Seems like prudent risk management.
Bought to close:
$UVXY Dec 15 65 calls @ 4.20. Sold for 7.00-11.00 on 8/9 and 8/10.
$UVXY Jan 19 2018 65 calls @ 5.40. Sold for 8.10 and 11.50 on 8/9 and 8/10.
$UVXY Mar 16 2018 60 call @ 7.45. Sold for 9.00 on 8/9.
Also, bought to close $UVXY Sep 15 82 call @ .04. Sold for 4.50 on 8/11.
$NUGT Sold pre-split strike
In January
Sold $NUGT1 Jan 19 2018 19 calls @ .35 (equivalent to 76 strike)
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to close the 2nd of my UVXY March 2018 60.0 short calls, with several more to go. With the VIX down, it’s a good time to lighten up on long term calls with lower strike prices.
Bought to close 1 UVXY Mar 16 2018 60.0 Call @ 7.40.
I sold strike 82 and strike 91 calls for the March expiration for much more than this.
Originally sold this one on 08/10/2017 at 11.20.
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Adding to my positions.
Sold SVXY Sept 8 2017 82.0 Calls @ 1.11
Sold SVXY Sept 8 2017 83.0 Calls @ 0.72
Sold SVXY Sept 8 2017 84.0 Calls @ 0.41
$SVXY #CoveredCalls – Selling Calls…
$SVXY #CoveredCalls – Selling Calls for next week as I’m guessing the ones I have for this week are going to expire.
Sold SVXY Sept 8 2017 82.0 Calls @ 0.87
Sold SVXY Sept 8 2017 83.0 Calls @ 0.62
Sold SVXY Sept 8 2017 84.0 Calls @ 0.32
$NUGT-sold highest strikes
Nov 17 60 calls @ 1.30
Dec 15 60 calls @ 2.10
$SVXY #ShortCalls – Bought to…
$SVXY #ShortCalls – Bought to close SVXY Sep 15 2017 102.5 Calls @ 0.01. They won’t trade any lower.
Sold these before the 2-1 split.
Sold 1 SVXY Sep 15 2017 205.0 Call @ 2.07/2.27/2.47 on 6/29
Sold 1 SVXY Sep 15 2017 205.0 Call @ 2.67 on 6/30
NUGT call
#ContangoETFs Adding another rung to the ladder: Sold $NUGT Dec 15th 58 call for 2.28.
@spy btc 9.29.17, put @1.08…
btc 9.29.17, put @1.08 had sold for 2.61.
figured 60% return for 10 days on and 29 dte left /no brainer
do it again on next sell-off
SVXY #shortcallspreads STO BeCS Sept…
SVXY #shortcallspreads
STO BeCS Sept 08 80/85 for $1.50cr, SVXY at resistance 20 day ma. We’ll know in a week plus 1 day.
REGN soaring
@fuzzballl You trade this more than I. Do you have a level at which you will roll your 530 call?
#ShortStrangles
Covered Calls
#CoveredCalls #LongStock
Sold to Open $FB Sep 29th 175 call for 1.85
Sold to Open $PLCE Oct 20th 115 call for 2.00, adding to my position.
$AAOI rollout
I have a few September short put positions near the money but this one is too deep in the money to imagine the stock will get there in 2 weeks so I’m rolling Sep 75 puts out to Oct for 2.65 credit, with the stock at 60.73.
I previously rolled this and have been collecting premium against it (7.26 so far). So if I take assignment at Oct expiration my basis will be 67.74. Of course a lot can happen between now and then.
AMZN
#LongCallDiagonals – Sold against the drop all the way down now tucking my tail and running…rolling up to the 50ma. If she gets thru that then something more aggressive will be required.
Rolled AMZN SEP 1 2017 955.0 Call to SEP 29 2017 975.0 Call @ .27 credit
yet more SPX
#SPXcampaign The triage continues as I flip my account from short to long.
Bought to close $SPX Sep 29th 2505/2530 call spreads for 4.00
Sold to Open Oct 6th 2340/2365/2535/2560 #CondorRoll for 3.15, 1.33x position size.
#RiskReversal #LongCallSpread
Bought to OPEN SPX Sep 8th 2480/2495 long call spreads for 2.90
Sold to Open SPX Sep 8th 2450/2425 short put spreads for 3.15
The spread I purchased is only 15-wide, which made it cheaper. Closing this one for $15 would exceed my expectations, so buying a smaller size than I sell works for me.
Also, closed on GTC order:
Sep 15th 2310/2285 put spreads for .20. Sold as a roll on Aug 10th for 2.05
NVDA
#ShortStrangles – Popping out of a daily squeeze and looking strong. Booking some nice winners before the call sides get in trouble.
Bought to Close NVDA SEP 15 2017 155.0/175.0 Strangles @ 2.35 (sold for 7.28)
Bought to Close NVDA SEP 29 2017 150.0/180.0 Strangle @ 2.91 (sold for 4.65)
Flat in NVDA for the first time in a long time. Will be looking for something to re-enter…
more SPX trades
Bought to close $SPX Sep 15th 2480/2505 call spreads for 6.20. Sold for 2.98 yesterday.
#ReverseRoll Sold Sep 13th 2455/2430 put spreads for 4.70. Will make up 1.50 debit.
Bought to close Sep 13th 2470/2495 call spreads for 10.05. Sold for 5.45 yesterday. Roll coming.
Bought to close Sep 25th 2500/2525 call spreads for 4.20. Sold for 1.60 on Aug 21st.
#ReverseRoll Sold Sep 25th 2445/2420 put spreads for 4.50.
SVXY rolled this week 75…
SVXY rolled this week 75 call to next week for 0.85 credit. There was only about 0.15 of time decay left when I rolled it.
Part of the SVXY synthetic. Will do full update tomorrow but cost basis on the first group down to 13.90 now or about 13.95 with commissions after 2 weeks.
SPX trades
#SPXcampaign VIX plummeting. Moving toward the end of Downside warning today. Sold to Open the following $SPX put spreads:
Sep 1st 2470/24456 for 5.80. Expires tomorrow. May close today if we get high enough.
Sep 25th 2425/2400 for 3.05.
Sep 29th 2375/2350 for 1.60.
Options Bistro 