$AZO #ShortPuts – Bought to…

$AZO #ShortPuts – Bought to close 1 AZO OCT 20 2017 350.0 Put @ 0.05. It won’t trade any lower, has a high margin requirement, and still has 4 weeks to expiration.
Originally sold on 07/06/2017 at 2.60.

#OptionsExpiration #Weeklys #Sep22 – a…

#OptionsExpiration #Weeklys #Sep22 – a light week this week, and a light week next week as well.
Added a bit to my long $DUST stock position and exited the last of my $TRIP stock.

— Expirations —
AZO (Weekly) Sep 22 2017 660 Calls
DUST (Weekly) Sep 22 2017 20 Puts
DUST (Weekly) Sep 22 2017 25 Calls (Covered)
SVXY (Weekly) Sep 22 2017 30 Puts
SVXY (Weekly) Sep 22 2017 35 Puts
SVXY (Weekly) Sep 22 2017 40 Puts
SVXY (Weekly) Sep 22 2017 55 Puts
SVXY (Weekly) Sep 22 2017 60 Puts
SVXY (Weekly) Sep 22 2017 72 Puts
SVXY (Weekly) Sep 22 2017 90 Calls (Covered)
UVXY (Weekly) Sep 22 2017 55 Calls
UVXY (Weekly) Sep 22 2017 64 Calls

— Assignments —
DUST (Weekly) Sep 22 2017 31 Puts
DUST (Weekly) Sep 22 2017 34 Puts
TRIP (Weekly) Sep 22 2017 40 Calls (Covered)

$SVXY #ShortCalls – 10 minutes…

$SVXY #ShortCalls – 10 minutes after the close, covered a couple of calls for gains.
Bought to close SVXY Sep 22 2017 88.0 Calls @ 0.97 – Sold at 1.05 this week
Bought to close SVXY Sep 22 2017 89.0 Calls @ 0.20 – Sold at 1.06 this week.

Options Expiration for Sep 22

$AAOI Sep 22 62 puts
$SVXY Sep 22 40 puts
$SVXY Sep 22 50 puts
No assignments.

SPX trades

#SPXcampaign
#RiskReversal Bought to Open $SPX Sep 29th 2515/2530 call spreads for 2.00
Sold to Open SPX Sep 27th 2490/2465 put spreads for 2.00

Closed Sep 29th 2480/2505 call spreads for 17.15. Sold for 17.45 last Friday.
#ITMroll Sold Oct 6th 2485/2510 call spreads for 16.50.
Sold Oct 6th 2475/2450 put spreads for 2.60.

Closed on GTC order: Oct 6th 2365/2340 put spreads for .25. Sold in a #CondorRoll for 3.18 on Aug 31st

Sold Oct 19th 2545/2570 call spreads for 1.70. Standard spread sold just before the week closes.

No expirations tonight!

#ShortPuts Rolled Sept 29th 65…

#ShortPuts Rolled Sept 29th 65 Put out and up to Oct 20th 75 Put for 2.35 credit. This is a single contract in my Roth and the highest strike in my Oct ladder so I’m comfortable with raising the strike.

Upside Warning

#VIXIndicator We are heading into an upside warning with a third consecutive close below 9.96. This signal rarely is false.; while recent Downside warnings have often been head fakes, the Upsides have been good for at least a small rally before stopping, which in this case would mean 10-30 points higher on SPX next week. Hard to believe that will happen with the recent range-bound, dull movement. And weekend news could derail it as well.

Option expirations

SVXY: 40 puts, 50 puts, 55 puts.

That is it for today and I am going to the gym. Have a nice weekend.

SVXY

#IRA #ShortPuts – Taking off my highest strikes for nice profits. After this, 35 is my highest strike still sitting out there.

Bought to Close SVXY DEC 15 2017 50.0 Put @ 1.72 (sold for 4.40)
Bought to Close SVXY DEC 15 2017 45.0 Put @ 1.32 (sold for 3.63)
Bought to Close SVXY DEC 15 2017 40.0 Put @ 1.00 (sold for 2.77)

VXX rolling

#VXXGame #LongPutDiagonals #Rolling #StrangleRoll
As $VXX and $UVXY continue to bleed out, I’m rolling my last ITM puts into strangles.

BTC VXX Sep 22nd 47 puts for 5.75.
Sold VXX Oct 20th 44/50 strangle for 5.86
Sold VXX Oct 20th 43/46.5 strangle for 5.45

I’ll see another next week. Managing the weeklys on this long trade has gotten messy, but it keeps me busy!

IRBT ICPT

#FallingKnife to keep an eye on…no idea why they’re falling. Just throwing them out there as a couple big losers today.

SVXY

#CoveredCalls #IRA – Still trading around a few shares…

Bought to Close SVXY SEP 22 2017 90.0 Calls @ .03 (sold for .60)
Sold SVXY SEP 29 2017 91.5 Calls @ 1.03

Actual trade was a roll up 1.5 points for a 1.00 credit. Picking up 2.50 of upside…

Health care stocks rally

John McCain announced opposition to Graham-Cassidy bill and healthcare stocks are surging.

SVXY

#ShortPuts #IRA
STO $SVXY Nov 17 70 put @ 2.96 when $SVXY @ 89.34.

AAPL

#IRA #ShortPuts – No position in this thing so starting one well below the 200ma.

Sold AAPL JAN 19 2018 140.0 Put @ 3.83
Sold AAPL FEB 16 2018 135.0 Put @ 3.70
Sold AAPL APR 20 2018 130.0 Put @ 3.56

#ShortPuts $SVXY Sold to open…

#ShortPuts $SVXY Sold to open Oct 20th 75 Puts @ 2.05 when $SVXY was at 88.39.

$MYL #ShortCalls – Bought to…

$MYL #ShortCalls – Bought to close MYL Jan 19 2018 50.0 Calls @ 0.01. They won’t trade any lower and it’s still 4 months to expiration.
Originally sold on 05/23/2017 @ 0.64

$SVXY #ShortCalls – Bought to…

$SVXY #ShortCalls – Bought to close 1 SVXY Sep 22 2017 91.0 Call @ 0.01.
Sold earlier this week for 1.08

$KR #ShortPuts #FallingKnife – Sold…

$KR #ShortPuts #FallingKnife – Sold 1 KR Apr 20 2018 19.0 Put @ 1.50

$SVXY #ShortCalls #Rollup – Got…

$SVXY #ShortCalls #Rollup – Got a nice dip on the opening so I rolled the ones most likely to be assigned out a week.
Bought to close SVXY Sep 22 2017 85.0 Calls/Sold SVXY Sep 29 2017 86.5 Calls @ 0.12 Credit
Bought to close SVXY Sep 22 2017 86.0 Calls/Sold SVXY Sep 29 2017 87.5 Calls @ 0.12 Credit
Bought to close SVXY Sep 22 2017 87.0 Calls/Sold SVXY Sep 29 2017 89.0 Calls @ 0.12 Credit