$AMGN #ShortPuts – Bought to close 1 AMGN Oct 20 2017 130.0 Put @ 0.01. It won’t trade any lower.
Originally sold on 05/11/2017 @ 1.35.
Also still short the Jan 115 Puts
Daily Archives: Monday, September 25, 2017
#longcalldiagonals SVXY rolled 10/6 78…
SVXY rolled 10/6 78 put to extra week for 0.60 credit. I figure as long as I can roll each week for 0.50 or so will wait for roll up until we get a pull back, maybe someday.
Cost basis now 12.12 and 17.2 depending on lot.
The diagonals work on the high vol. products. Does not work as well for spy/qqq as it used to. Infact the leaps are priced with higher vol so hard to make up the theta decay by selling weeklies. Up 4k+ on 8k initial investment so 50% return in 6 weeks but this ticker I think it makes more sense just to go synthetic long on a vol. spike.
However this is an ongoing experiment so will continue it until the end but I may set up another batch on the next vol spike and see how the synthetic long without selling weeklies works.
Adding a little NUGT in Jan
Sold $NUGT 1/19/18 66 calls @ 1.15. Highest strike.
SPX trades
#SPXcampaign $SPX Took several stops today on put spreads but only rolled one of them. I am lightening up on positions since I will be traveling. Was caught in the head fake high and then the plunge, resulting in crappy trades for the Oct 27th standard spreads and the #ITMroll.
In chronological order from this morning:
Closed on GTC order: Oct 2nd 2425/2400 put spreads for .25. Sold for 1.70 on Sept 1st.
Sold Oct 27th 2415/2390 put spreads for 1.50.
Closed Oct 2nd 2475/2500 call spreads for 19.85. Sold for 19.00 last Monday.
Rolled to: Oct 9th 2470/2495 for 17.75 (dropped DOWN a strike and lost 2.10 – horrible timing)
Stopped Sept 27th 2490/2465 put spreads for 5.25. Sold Friday for 2.00.
Sold Oct 27th 2545/2570 call spreads for 1.70.
Stopped Oct 9th 2480/2455 put spreads for 4.25; rolled to:
#CondorRoll Sold Oct 16th 2380/2405/2530/2555 condors for 2.90 (1.5x position size)
Stopped Oct 6th 2475/2450 put spreads for 4.35. Sold for 2.60 on Friday.
Stopped Oct 4th 2475/2450 put spreads for 3.30. Sold in a #CondorRoll for 9.25 on Sep 15th.
UVXY proceeding slowly
Sold $UVXY Nov 17 70 calls @ 1.00
NVDA URI WDC WYNN
#401k #IRA – Going thru some long term positions that were more delta plays as opposed to theta. Clearing the decks just a little to make room for some #Earnings possibilities or the occasional #FallingKnife opportunity.
Bought to Close NVDA JAN 19 2018 110.0 Put @ .81 (sold for 2.50)
Bought to Close NVDA JAN 19 2018 120.0 Put @ 1.39 (sold for 4.25)
Bought to Close URI JAN 19 2018 75.0 Put @ .35 (sold for 2.30)
Bought to Close URI JAN 19 2018 80.0 Put @ .48 (sold for 3.10)
Bought to Close URI JAN 19 2018 85.0 Put @ .64 (sold for 4.20)
Bought to Close WDC JAN 19 2018 70.0 Put @ 1.43 (sold for 2.70)
Bought to Close WDC JAN 19 2018 75.0 Put @ 2.43 (sold for 3.95)
Bought to Close WYNN JAN 19 2018 100.0 Puts @ .62 (sold for 2.70)
SVXY
#ShortPuts – Closed a lot of these last week. Coming back in with one but a little higher…
Sold 1 SVXY NOV 17 2017 65.0 Put @ 2.63
Closing a GWW position in Dec
Lightening my exposure a little to this ticker.
Bought to close $GWW Dec 15 130 put @ .50. Sold for 2.10 on 7/19.
#shortputs #fallingknife EFX Closed Oct….
#shortputs #fallingknife EFX
Closed Oct. 65 put for .15, sold for .73, still have a Jan. 50. My margin on the 65 was $658. Even though EFX is back over 100, the plan is to free the margin with only $15 remaining, 11 day trade.
#spxcampaign btc oct 6, 2500/2525…
btc oct 6, 2500/2525 @ 6.40 had sold for and roll… roll…….. roll ………..
for 3 months. had collected 7.05 in credit,thanks to what ever is driving this down bus today.(and thanks Jeff for good ideas and getting out of ditm spreads.)
This had been a problem child …done.!!
I am basically all cash now .
Looking for next thing out there.!
Adding some AAOI
Sold $AAOI Dec 15 30 puts @ 1.60
$SIG #ShortPuts – Bought to…
$SIG #ShortPuts – Bought to close SIG OCT 20 2017 45.0 Puts @.05. with the stock at 65.33.
A former #FallingKnife trade that isn’t going to trade any lower.
Sold on 03/03/2017 @ 1.60 and on 05/25/2017 @ 2.40
Playing catch up today.
$SPX Sold to open Oct 20th 2550/2570 / 2360/2380 Iron Condor for 1.45 when $SPX was at 2500.36 near the open.
$SQ Stopped out of my last portion of stock at 27.50 when $SQ tried to ping the 20dma.
$SVXY 9/22 OpEx Sept 60 Puts expired.
And That’s all she/he/it wrote.
#spxexpectedmove
NVDA Jan puts
Sold $NVDA Jan 19 2018 120 puts @ 1.20. I don’t know if it will get down that far but I’m looking to accumulate a long term position in this stock and I would love to get some below 120.
#spxcampaign btc oct 2515/2540 1.40…
btc oct 2515/2540 1.40 and 1.30 had sold 1.70
btc oct 11 2530/2550 1.15 had sold for 1.60
btc oct 2535/2560 1.10 had sold 1.75
consider today gift from option gods and Christmas time.
still have one more to get off my plate.
$SVXY $UVXY
A couple of small trades
STO Oct 6 $UVXY $40 calls @ $0.45
STO Oct 13 $SVXY $55 puts @ $0.45
STO Oct 20 $SVXY $50 puts @ $0.45
Sell off?
Got head-faked and made some long trades at the market top today. Sell-off now looks compelling, even though TICKs are not showing usual -600 readings. VIX is at day’s highs. Big failure on upside warning, but not surprised this time. VIX has not had usual correlation to SPX movement for much of this year.
#spxcampaign btc sept 29 2525/2550…
btc sept 29 2525/2550 @ .45 had sold for 1.50
btc what was a roll to sept 29 2510/2535 for 2.40 had sold for 3.00
$KR #ShortPuts #FallingKnife – Sold…
$KR #ShortPuts #FallingKnife – Sold 1 KR APR 20 2018 18.0 Put @ 1.15
AAOI puts
#ShortPuts Closed on GTC order: $AAOI Sept 29th 55 puts for .20. Sold for 1.90 on Sep 13th.
Replaced with:
Sold to open AAOI Oct 13th 55 puts for 1.90
Great premium on this one still. Perhaps someone is expecting a huge dump.
$DUST #CoveredCalls – Sold DUST…
$DUST #CoveredCalls – Sold DUST Sep 29 2017 26.5 Calls @ 0.25 with the stock at 24.82.
These replace last week’s strike 25.0 Calls that expired on Friday.
Econ Calendar for week of 9/25/17
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