Jeff 11:41 am on Wednesday, September 20, 2017
Tags: ContangoETFs ( 446 )

DUST call

#ContangoETFs Sold $DUST Dec 35 call for 1.25. My first new position in DUST since early July.

Ramie 11:50 am on Wednesday, September 20, 2017

Been waiting for the chance to sell calls on this again. I threw an offer out there and haven’t gotten filled yet. Would be a small position in the hopes of being able to add to it. I only have a few positions on right now (all in January) that are so far out of the money I’m comfortable holding them and deferring the taxes until next year.
- Option Iceman 11:54 am on Wednesday, September 20, 2017
  
  $DUST – my biggest short call positions in January are at 90.0!!!
  Still can’t close them for a nickel
  - Ramie 11:59 am on Wednesday, September 20, 2017
    
    Wide spreads. I’m short Jan 80 calls (.05 x .85), 90 calls (.10 x .35) and DUST2 (pre 1:5 rev split) 30 calls (no bid x .30 ask). I guess the fact that we can’t close for .05 makes my tax decision easier. I’ve accumulated quite a bit of paper profit on those 3 positions so happy to defer taxes on it until April 2019!

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