$ANF #CoveredCalls – Sold ANF(Weekly) AUG 25 2017 11.0 Calls @ 0.15 with the stock at 9.31
Monthly Archives: August 2017
$PANW #ShortPuts – Bought to…
$PANW #ShortPuts – Bought to close PANW Sep 15 2017 80.0 Puts @ 0.05. They won’t trade any lower and there are still a four weeks until expiration.
Originally sold in March at 1.35 and April at 1.55.
#earnings #shortcallspreads TSLA I had…
#earnings #shortcallspreads TSLA
I had an Aug. 18 285/290/360/365 IC for earnings which were Aug. 2, rolled the calls to Sept. 15 375/385, closed them today for a plus .48 on the calls after all was said and done.
On Aug. 3, day after earnings, sold a Sept 15 390/405 call spread for 1.69, closed today for .52.
TSLA is down 10 so far today to 336.
Oct DRIP
Highest strike in October.
Sold $DRIP Oct 20 41 calls @ 1.50.
IWM roll
Adjusting my Sep 134/142 strangle. With $IWM testing the 134 put, I rolled the 142 calls down to 138 (26 delta) for .64 credit. Position is now 134/138 strangle.
AAOI
BTC December 55 puts @7.30, sold at 10.10 I am just not comfortable with this stock so closing early.
More SPX
#SPXcampaign. Closed $SPX Aug 23rd 2445/2470 call spreads for 1.15. Sold for 19.50 on Aug 9th as an #ITMroll. Finally out of one… one more to go.
Also, Stopped out of Aug 30th 2425/2400 put spreads for 8.60. Sold for 6.00 last Thursday as a roll. I would normally watch this one longer but I won’t be at my computer most of today. I will look to sell and aggressive roll later this week.
bailing on NVDA
SPX trades
#SPXcampaign. Closed on GTC order: $SPX Sep 8th 2510/2535 call spreads for .20. Sold for 1.75 on Aug 10th.
#CondorRoll. Sold Aug 28th 2360/2385/2455/2480 iron condors for 4.40, as a roll from a put spread stopped last week. This one will be on a tight leash; one week to expiry.
Sold to Open Sept 25th 2500/2525 call spreads for 1.60, with SPX at 2421.
INGN
STO September 15, 95 covered calls @2.05
Back from vacation
Looks like I missed some more fireworks last week. Hope you all were able to take advantage of the volatility. I was forcing myself to keep the trading to a minimum. It was tough on Thursday 🙂
Times the eclipse begins by time zone
In the path, totality will occur approx 1 hour 10 minutes after start of eclipse.
Econ Calendar for week of 8/21/17
Notable Earnings After the Close,…
Notable Earnings After the Close, Monday or Before the Open on Tuesday:
BZUN, CMCM, COTY, DSW, FN, JASO, MDT, MOMO, NDSN, NM, PINC, TOL, ZAYO
Notable Earnings After the Close, Tuesday or Before the Open on Wednesday:
AEO, ARAY, CREE, CRM, EV, EXPR, INTU, LOW, LZB, RY, VNET, ZTO
Notable Earnings After the Close, Wednesday or Before the Open on Thursday:
ANF, BURL, CM, CO, DLTR, DXLG, GES, HPQ, HRL, LCI, MIK, NOMD, PDCO, PRXL, PVH, SAFM, SDRL, SHLD, SIG, SJM, SPLS, TIF, TREE, TTC, TUES, WSM, XL
Notable Earnings After the Close, Thursday or Before the Open on Friday:
ADSK, AVGO, BIG, BRCD, GME, MRVL, PSTG, SPLK, ULTA, VEEV, VMW
#spxexpected move
#spxexpected move
Expiration/Exaspiration
Expired Full Profit
$LABU 62 call (covered)
$SPX 2295/2320 BUPS
$SPX 2385/2410 BUPS
$SPX 2350/2375 BUPS
$SVXY 81 calls Thank you @optioniceman
$GOOGL 1010/990 BECS
$GDDY 40 put Earnings trade
$PYPL 61 call
$PYPL 59 put
$NVDA 145/150 BUPS
$AMZN 940/950 BUPS
$AMZN 1050/1045 BECS
$WYNN 125/130 BUPS
$VEEV 60 put
$COST 150/155 BUPS
$COST 160 call (Covered)
$SVXY 45 put
$SVXY 82 call (covered idea from @optioniceman)
$BABA 130/140 BUPS
$BABA 135/145 BUPS
$NVDA 135/145 BUPS
MS 45 put
Expired Full Loss
$AMZN 1010/1045 BUCS (really bad loss)
$VEEV 65/70 BUCS
$UVXY 32/27 BECS
$PYPL 62 call (long)
$VRX 17/20 BUCS
$SWIR 30 calls
$GOOGL 940/960 BUPS
$JD 42/44 BUCS full loss
Believe it or not I did have a positive month end OPEX. I have to learn
that just because I am bullish does not mean the stock agrees with me.
Some of these stocks were downright disagreeable. I have to learn how
to place stops and be pleased that I am preserving some capital when a
trade goes against my premise. Sort of rant over. I feel better. Perhaps
that’s because I played golf this morning.
Thanks to everyone for all your assistance.
Have a great weekend and a magnificent eclipse.
SPX Chart and VIX Indicator have been updated
#SPXcampaign — it’s been awhile since I was able to catch up, but the chart is now up to date. Ask questions anytime.
Options Expiration
DKL probably get assigned on this one, didn’t follow the rules, STO DKL Aug 18 40 put @ 5.50 (ITM) Jul 31, share price at 35.54, knowing that earnings was coming on Aug 2, did I think it would hold…duh…it closed today at 30.00. I did want the stock for its .705 qtr div, however I should have looked more closely at volume/OI and ability to roll, I do have it at 34.50 cost basis but recovery on div alone will take 49.28571 quarters…not going there in years…just considering this a “legacy trade” for the grandkids.
TRTN might be assigned at cost basis of 33.18 closed at 33.65? Another one of my div keepers at .45 qtr.
Enjoy your weekend…
Jeff, thanks for the cool screensaver…
Options Expiration
SVXY $37.5 puts
UVXY $46.5 call
UVXY $50 call
UVXY $65 calls
UVXY $82 calls
Closed out UVXY $35/$39 call spreads for a loss. Decided to wait until Monday to see what happens with the market before adding any more new positions.
Interesting week.
Have a great weekend
Options Expiration 8/18/17
#OptionsExpiration #ContangoETFs #VXXGame #Earnings
— Expired w/Max Profit —
DRIP 35 call
UVXY 68 call
— #Assignment —
PLCE 110 puts, taking stock with 108.00 cost basis.
I will check in Monday from our Eclipse campsite in Dallas, Oregon!
APRN
#Earnings – Lottery ticket going away today. Taking the .25 loss and moving on. No desire to take the stock of a company that might not be around on Monday!
$SVXY #ShortPuts #Rolldown – with…
$SVXY #ShortPuts #Rolldown – with only 5 minutes of trading left it’s time to move more positions.
Bought to close SVXY Aug 18 2017 71.5 Puts/Sold SVXY Aug 25 2017 62.0 Puts @ 0.19 Credit
Bought to close SVXY Aug 18 2017 71.0 Puts/Sold SVXY Aug 25 2017 61.0 Puts @ 0.55 Credit
WMT earnings closed
#Earnings BTC $WMT Aug 18th 81.5 puts for 2.09. Sold in the #BrokenWingButterfly for 2.00 on Wednesday. Small loss; could have been a medium winner had I closed on this morning’s peak, but didn’t anticipate such a pullback.
IRA and trading account, Have a nice weekend
I will have the following expirations in my IRA today:
SVXY: 42.5 puts,45 puts, and 47.5 puts
I will be assigned on INGN 95 puts but the cost basis will be 90.32 and will write covered calls next week.
I have the following SVXY expirations today:
37.5 puts,40 puts,42.5 puts,45 puts,47.5 puts,55 puts,56 puts,57 puts,58 puts, and 59 puts.
$SVXY #ShortPuts #Rolldown – with…
$SVXY #ShortPuts #Rolldown – with only 30 minutes of trading left it’s time to move some positions.
Bought to close SVXY Aug 18 2017 72.0 Puts/Sold SVXY Aug 25 2017 65.0 Puts @ 0.06 Credit
Bought to close SVXY Aug 18 2017 73.0 Puts/Sold SVXY Aug 25 2017 68.0 Puts @ 0.19 Credit
Bought to close SVXY Aug 18 2017 74.0 Puts/Sold SVXY Aug 25 2017 71.0 Puts @ 0.15 Credit.
Only needed to move out 1 week because these were not in the money very much.
I didn’t take the stock because I have plenty already.
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY SEP 1 2017 91.0 Calls @ 0.91 with the stock at 40.20.
SVXY
STC Aug18 $81P rolled out to Sep29 $55 and Dec15 $60P for slight credit. Monday we should have more clarity of direction of markets, and hence volatility.
$UVXY Short Calls
#vxxgame
$UVXY STO 9/15 91 call at 2.05
$UVXY STO 9/08 91 call at 1.20 Thank you UVXY genie @optioniceman
SVXY
STO December 30 puts @1.55
$SVXY #ShortPuts #Rolldown – it’s…
$SVXY #ShortPuts #Rolldown – it’s too bad SVXY imploded yesterday or this one would have expired.
Bought to close SVXY Aug 18 2017 79.0 Puts/Sold SVXY Sep 15 2017 75.0 Puts @ 0.05 Credit.
Lowering the strike price 4 points and giving this one plenty of time to work.
$UVXY
Additional trades this morning.
BTC Aug 25 $37/$38 calls spreads for flat just in case we get another move lower.
STO Sep 15 $91 calls @ $2.00
STO Sep 1 $91 calls @ $0.70
STO Sep 1 $70 Call @ $1.35
STO Aug 25 $58 Call @ $1.10
$UVXY #ShortCalls #Speculation – I’ve…
$UVXY #ShortCalls #Speculation – I’ve got this week’s 46.0 through 51.5 Calls expiring in two hours (I hope).
Replacing Them with Calls for Next week 20+ points higher.
Sold UVXY Aug 25 2017 75.0 Calls @ 0.51.
Sold UVXY Aug 25 2017 76.0 Calls @ 0.53.
Sold UVXY Aug 25 2017 77.0 Calls @ 0.55.
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 30th 2465/2490 call spreads for 3.25, as a #ReverseRoll from puts stopped earlier today.
SVXY
STO December 25 puts @.97
TOS question
When looking at the options chain and selecting Vertical or Iron Condor, etc, how do I change the width of the spread or wings? Thanks.
UVXY #ShortStrangle – Sold 1…
UVXY #ShortStrangles – Sold 1 UVXY Sep 8 2017 25/85 Strangle @ 2.04 with the stock at 40.97.
The put side of the strangle traded higher than yesterday even though the stock is several points higher.
$HES #ShortPuts – Bought to…
$HES #ShortPuts – Bought to close HES Aug 18 2017 40.0 Puts @ 0.95 to avoid assignment tonight.
The Puts are still in the money by a point.
Originally sold on 03/08/2017 @ 1.30.
Another case of wrong on the stock but right on the option.
Closed Early Yesterday’s $SPX Trade
#spxcampaign
$SPX BTC 8/18 2390/2415 BUPS @ .30 STO yesterday for 1.95 Thank you @jeffcp66
Earnings Trade ULTA
#earnings
$ULTA STO 8/25 230/235 BUPS @ 1.55 Waiting on BUCS fill as well Earnings 8/24 After Close
SPX Campaign
#spxcampaign
$SPX STO 9/1 250/2475 BECS @ 2.10 Thanks for the inspiration @jeffcp66
Closed Early $FB $CAT $SPX and Covered Call $MOMO
#closed
$FB BTC 8/18 160/170 BUPS @ 1.50 STO @ 1.40 To Avoid Assignment
$CAT STC 8/18 $CAT BUCS @ 9.20 BTO @ 3.87 To Avoid Assignment
$SPX BTC 8/25 2500/2475 BECS @ .40 STO 8/14 @ 7.60 Thank you @jeffcp66
#shortcalls
$MOMO STO 8/25 50 calls @ .50 Covered
Binary
Don’t know about the rest of you but it seems like everyone is treating the market like a binary option, either all in or all out and the switch changes daily!
Selling options should work well.
SPX puts stopped
Bought to close $SPX Sep 14th 2350/2325 put spreads for 2.75. Sold for 1.50 on Monday. Will roll later, likely #ReverseRoll into calls.
$DUST #ShortPuts – Bought to…
$DUST #ShortPuts – Bought to close DUST AUG 18 2017 25.5 Puts @ 0.05 to avoid possible assignment.
They won’t trade any lower and were ITM just a few hours ago.
UVXY
#LongPutDiagonals – Keeping the theta rolling in…
Bought to Close UVXY AUG 25 2017 29.0 Puts @ .25 (sold for 1.25)
Sold UVXY SEP 1 2017 31.0 Puts @ 1.30
UVXY puts
#VXXGame Sold $UVXY Sep 8th 28 puts for 1.10. Very possibly will be breached, but easy to roll.
Plus, cleared a few positions with profits to keep my short volatility volume controllable should things get uglier:
Closed $SVXY Sep 15th 50 put for 1.50. Sold as part of the 100/180 strangles for 18.95 in March.
Closed $SVXY Sep 15th 52 put for 1.65. Sold for 1.90 on 8/10
SPX puts stopped and call-roll sold
#SPXcampaign STOPPED, closed $SPX Aug 23rd 2410/2385 put spreads for 4.35. Sold as part of a #CondorRoll for 7.15 on Aug 10th. Will roll later.
#ReverseRoll Sold Sep 1st 2465/2490 call spreads for 3.30. This is a roll from put spread stopped yesterday after the closing bell.
$VIX $SVXY $UVXY – areas…
$VIX $SVXY $UVXY – areas to watch for a reversal to hold
$VIX – needs to get below 14.70
$UVXY – needs to get below 36.30
SSVXY needs to get above 73
SPX next-day closed
#SPXcampaign Closed $SPX Aug 11th 2420/2395 put spreads for 3.40. Sold yesterday for 2.20. A morning low less than 3 points OTM too close for comfort. Managing three stops, so I got out earlier than I wanted on this current bounce.
UVXY
STO September 8, 91 call @ 1.32
STO September 22, 91 call @2.80
STO September 29, 91 call @3.55 on 1 contract of each.
Hat tip to Iceman for the idea
UVXY #ShortStrangle – Sold 1…
UVXY #ShortStrangles – Sold 1 UVXY Sep 8 2017 25/80 Strangle @ 2.04 with the stock at 38.91.
The put side of the strangle traded higher than yesterday even though the stock is several points higher.
Crazy market 🙂
TICKS holding lower trend channel UP so far
This is something I look at when $SPX is wavering… until TICK trend channel is broken, SPX will likely trickle up.
Now that I finish typing this, to looks like TICK channel is breaking.
SVXY #shortcalls Decision time approaching…
SVXY #shortcalls
Decision time approaching today – take assignment at 81 or realize loss of $11+. I think it will reverse slowly, once it settles at a bottom. The bubble has burst and a snap-back recovery, without tax reform, seems unlikely. Too many variables – I hope I’m not missing any?
$UVXY #ShortCall – Sold 1…
$UVXY #ShortCalls – Sold 1 UVXY SEP 8 2017 91.0 Call @ 1.32,
Highest strike
What percentage will you see on Monday?
Was Today The Eclipse? I am in the dark
#spxcampaign
$SPX STO 8/18 2390/2415 BUPS @ 1.95 Thank you @jeffcp66
$SPX STO 9/15 2540/2515 BECS @ 2.40
Closed Early
$SPX BTC 8/18 2490/2465 BECS @ 2.20 STO 8/11 @ 3.35 (Order was placed. I was away) Still 34% profit.
$SPX BTC 8/25 2550/2525 BECS @ 93% profit (GTC order)
$SPX BTC 8/18 2550/2525 BECS @ 93% profit (GTC order)
$SPX BTC 9/1 2545/2520 BECS @ 93% profit (GTC order)
Wish I had closed some of my BUPS also.
Rolled
$AAOI BTC 8/18 STO 8/25 70 put @ additional 1.95 credit
#spxcampaign sto put 9.15.17 2320/2295,…
today…………..
sto put 9.15.17 2320/2295, 1.70
sto put 9.15.17 2350/2325, 1.90
thanks jeff
sto spy 241 put 9.29.17 @ 2.61
btc blk 8.18.17 ,440/450 @ .05 had sold for .80,, on a btc/gtc order
$UVXY #ShortStrangle – as this…
$UVXY #ShortStrangles – as the day went on I sold several small positions
Sold 1 UVXY Sep 8 2017 25/60 Strangle @ 2.04 with the stock at 34.60
Sold 1 UVXY Sep 8 2017 25/65 Strangle @ 2.04 with the stock at 35.15
Sold 1 UVXY Sep 8 2017 25/70 Strangle @ 2.04 with the stock at 35.65
Sold 1 UVXY Sep 8 2017 25/75 Strangle @ 2.04 with the stock at 36.98
The calls were exploding but the put price was pretty static
$UVXY #ShortCalls #TopOfTheChain – with…
$UVXY #ShortCalls #TopOfTheChain – with the stock moving toward 40 I’m starting small
Sold 1 UVXY Dec 15 2017 91.0 Call @ 8.10
Sold 1 UVXY Jan 19 2018 91.0 Call @ 9.20
Sold 1 UVXY Mar 16 2018 91.0 Call @ 12.20
$UVXY #CoveredCalls #Roll – Rolled…
$UVXY #CoveredCalls #Roll – Rolled this week’s 25/100 UVXY 12.0 Calls to next week for a 0.50 Credit.
Made money on the one I closed out.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Jan 19 2018 20.0 Puts @ 0.92
$GDX #ShortPuts – Bough to…
$GDX #ShortPuts – Bought to close GDX Sep 15 2017 18.5 Puts @ 0.01
Originally sold on 03/07/2017 @ 1.09
$BIIB #ShortPuts – Bought to…
$BIIB #ShortPuts – Bought to close BIIB Sep 15 2017 200.0 Puts @ 0.05. They won’t trade any lower and still have a month to run.
Originally sold on 05/08/2017 @ 1.30
SPX puts stopped
#SPXcampaign Bought to close $SPX Sep 1st 2375/2350 put spreads for 2.90. Sold for 1.30 on July 31st. This hit my 3.00 stop before the close, so I closed it on the bounce after the close. I will roll tomorrow.
Ugly close so I wanted at least one put spread out of the way if we gap down in the morning.
Also after the bell, closed on GTC order: Aug 23rd 2480/2505 call spreads for .20. Sold as part of a #CondorRoll for 7.15 last Thursday.
$UVXY #ShortCalls #TopOfTheChain – with…
$UVXY #ShortCalls #TopOfTheChain – with the stock moving toward 40
Sold UVXY Aug 25 2017 91.0 Calls @ 0.28
Sold UVXY Sep 1 2017 91.0 Calls @ 0.56
Sold 1 UVXY Sep 8 2017 91.0 Call @ 1.02
Sold 1 UVXY Sep 15 2017 91.0 Call @ 2.35
Sold 1 UVXY Sep 29 2017 91.0 Call @ 3.06
$UVXY #ShortCalls #Speculation – with…
$UVXY #ShortCalls #Speculation – with the stock at 40.61. These expire tomorrow.
Sold UVXY Aug 18 2017 51.0 Calls @ 0.36
Sold UVXY Aug 18 2017 51.5 Calls @ 0.37
$SVXY #ShortCalls – Bought to…
$SVXY #ShortCalls – Bought to close SVXY Aug 18 2017 81.0 Calls @ 0.01.
Sold for an average of 1.40.
I can now start selling for next week.
SVXY
#IRA – Moving out to March…
Sold SVXY MAR 16 2018 35.0 Put @ 3.25
UVXY
#IRA – First ones in this expiration…
Sold UVXY SEP 29 2017 50.0/61.0 Bear Call Spreads @ 1.42
SVXY calls closed
#VXXGame Closed $SVXY Sept 15th 90 call for .40. This is the last call I had from the 100/180 strangles I sold for 18.95 back in March. I have one SVXY put remaining. That was sold as a roll, and I got out of most of it at decent prices. But I also rolled some into Sep 15th 77.5 puts, now underwater. #Rolling never ends!
Earnings Update
#Earnings #LongStock Sold to close some of my $HCA stock for 78.50 and 78.26. I had these on Trail stop orders… I was assigned with cost basis of 82.30. I will ride on with the balance of shares… prefer this smaller position if I have to hold through a correction.
Bought to close $WMT 81.5 calls for .05. Sold the 78.5/81.5/84 #BrokenWingButterfly for 2.00 yesterday. Despite plunging market, WMT has been climbing today. Recovery any higher will turn me a profit.
$PLCE — will be assigned stock via 110 puts expiring tomorrow. I’m okay with that, as I feel it will recover. Stock held steady today, indicating 100 may be a support level.
More SPX
#SPXcampaign #Rolling Sold to Open $SPX Aug 30th 2425/2400 put spreads for 6.00. This is a delayed roll from the Aug 2435/2410 put spreads stopped a few days ago. I’ll watch this one closely, or may ride it ITM.
Earlier, closed on GTC order: Sep 8th 2525/2550 call spreads for .20. Sold for 1.55 on Aug 7th.
UVXY
#IRA – Adding to an existing position at higher premium…
Sold UVXY MAR 16 2018 40.0/50.0 Bear Call Spread @ 1.70
SPX next-day
#SPXcampaign Looking to sell a put spread expiring tomorrow. Currently eyeing the 2420/2395. However, there’s still 47 minutes left in the day and no bounce seems to be coming. So I’ve also got the 2415/2390 up and watching for best entry before the close.
New multi-week low just hit.
UVXY
STO September 15, 91 call @ 1.99
Options Bistro 