#OptionsExporation #VXXGame #SPXstrategy
Only expiration is a long $SPX Oct 6th 2400/2375 put spread. Bought it last week for the bargain price of .20. Other than that, closed $VXX Oct 6th 44 puts for 6.53 (avg price). These are the “covered” puts against #LongPutDiagonals. This one’s gotten rough. Will have to figure a way of #Rolling later.
Have a good weekend all! I will be on or near the beach.
#OptionsExpiration #Weeklys #Oct06 – A very light week and next week will be too.
Almost the last $SVXY Puts for the current year expired.
I need some more volatility.
— Expirations —
NUGT (Weekly) Oct 6 2017 28.5 Puts
SVXY (Weekly) Oct 6 2017 55 Puts
SVXY (Weekly) Oct 6 2017 65 Puts
$UVXY #ShortPuts – Forced into a roll with a drop in $UVXY in the last 5 minutes of the trading day.
Bought to Close UVXY Oct 6 2017 18.5 Puts @ 0.08 to avoid assignment – Sold these @ 0.27
Sold UVXY Oct 13 2017 17.5 Puts @ 0.30 to replace them.
Full Profit (Alleluia)
$COST 170 covered call The rest of the $COST trades went south after earnings
$SPX 2330/2355 BUPS
$T 38.5 put
$REGN 412.5 put Thank you @fuzzballl
Have a great weekend. Is it still Columbus Day Monday or has it been taken down. How will retail get there mojo back if there are no more holidays. 😁
#LongCallDiagonals – Looks like a 155 pin today. Not gonna quite get it all so selling slightly higher next week…
Bought to Close AAPL OCT 6 2017 155.0 Calls @ .15 (sold for .95)
Sold AAPL OCT 13 2017 157.5 Calls @ .40
#rolling
$WYNN BTC 10/6 148 put and STO 10/20 148 put @ 1.15 credit
#spxcampaign
$SPX STO 10/16 2490/2515 BUPS @ 1.00 As always, thank you @jeffcp66
Hey Guy’s, I’m going to be away from the market the rest of the day so posting these a few minutes early. Have a great weekend.
SVXY $60 puts
UVXY $40 calls
That’s all I have for this week, just not getting any opportunities to put on new positions.
$AAOI Afternoon all. I hope everyone is doing well and looking forward to the weekend. Rolled my AAOI Oct 60 Puts out and down to Oct 13th 58 Puts for 0.75 credit. Other than that I have nothing for this weeks’ expiration. Have a great weekend all.
I have no expirations today but did put some cash to work this week. I went from 70% cash to 50%. I am still waiting for that elusive correction which I now predict will happen someday. I am off to the gym and the tread mill.
#FallingKnife – Could be the beginning. Not sure what the news was…
$UVXY #ShortPuts #Speculation – Yesterday I sold UVXY Oct 6 2017 18.5 Puts @ 0.27.
I’m hoping they expire in a few hours.
Not my usual trade 🙂
$UVXY #ShortPuts – Bought to close UVXY Oct 6 2017 19.0 Puts @ 0.23 to avoid assignment.
Sold them on 10/02 @ 0.25, so I cleared commissions.
#long Calls
$PAYX STC 10/20 62.5 calls @ 1.20 BTO 10/3 @ .50
$AXP STC 10/20 90 calls @ 2.50 BTO 9/17 @ 1.14 (Dan @ OMM – I love talking code)
#Regenerating$REGN
Trying to make silk from a sow’s purse. Won’t happen but perhaps I can reduce the loss.
#shortcalls
$REGN rolled BTC 10/6 447.50 call to STO 10/20 465 call @ 6.60 loss Best outcome will be breakeven
Getting rid of bearish positions at losses. Probably everyone should short the market. 🙂
#SPXCampaign
$SPX BTC 10/13 2560/2535 BECS @ 14.00 STO @ 2.40
#Shortcalls
$GS BTC 10/20 235/225 BECS @ 9.25 STO 9/8 @ 2.10
#shortputs
$CELG STO 10/20 130/135 BUPS @ .70
$COST STO 11/17 145/155 BUPS @ 2.45
$COST STO 11/17 150 put @ 1.74 Thank @ramie et al
#BearCallSpreads #IRA – I’ve closed a few of these over the last couple weeks. Re-selling a little lower with some starters…
Sold UVXY MAR 16 2018 20.0/30.0 Bear Call Spreads @ 1.56
Sold UVXY JUN 15 2018 25.0/35.0 Bear Call Spreads @ 1.21
#Earnings #CoveredCalls STO $FB Oct 27th 177.5 call for 1.35. This is basically my covered call practice trade. I’m holding 100 shares of a stock I believe will go higher and selling calls against it, with the intention of rolling should assignment ever become likely.
STO April 2018, 125 puts @1.22
$CVX #ShortPuts #FallingKnife – Bought to close 1 CVX Dec 15 2017 80.0 Put @ 0.01.
It won’t trade any lower and has over 2 months until expiration.
Sold at 1.14 on 04/19/2017.
$AYI #ShortPuts #FallingKnife – Bought to close 1 AYI Nov 17 2017 125.0 Put @ 0.05.
It won’t trade any lower.
Sold at 2.60 on 04/05/2017.
$COST #ShortPuts #FallingKnife – Sold 1 COST Jan 19 2018 138 Put @ 1.30 with the stock at 156.96
$COST #ShortPuts #FallingKnife – Sold 1 COST Apr 20 2018 125 Put @ 1.23 with the stock at 157.07
BTC XBI 21 DTE 80 put for 0.22. Sold for 1.01. Holding off on adding to the ladder since this thing went parabolic last 2 months. When it pulls back will re-establish.
Also freeing up cash/margin for when things look better from an option selling stand point.
Last trade of the week for me, hope everyone has a good expiration and weekend!
Still elevated IV (IVR 72) so selling some premium in Nov.
Sold $COST Nov 17 150 puts @ 1.70. Delta is 25.
$DUST #CoveredCalls #IRA – rolled out to next week’s calls on the opening this morning
Bought to close DUST OCT 6 2017 27.0 Calls/Sold DUST OCT 13 2017 27.0 Calls @ 0.25 Credit
Bought to close DUST OCT 6 2017 27.5 Calls/Sold DUST OCT 13 2017 27.5 Calls @ 0.20 Credit
#SPXcampaign. Apologies for not posting my trades this week. I have been getting slammed by the upside move, so I’m very tightly wound up to the short side, waiting for a pullback. I have stopped some call spreads, sold aggressive put spreads, and have been rolling ITM call spreads. I once again did not take the Upside Warning seriously, mainly because of the head-fake down-day we got on Monday Sept 25th, which happened the DAY AFTER the warning. I made all the wrong moves that day; it was the perfect day to flip my account to the long side, but instead I got stopped out of put spreads. In any case, my travels have diverted my full attention. I’m in LA now until Wednesday.
Feel free to ask any questions if you need updates on my trades or help with yours. I should have more time at the computer today.
First look at the market this morning, is that really a lower low and lower high on the chart? Looks like someone inverted my charts…………at least on a 5 and 15 minute.
#Earnings #ShortStrangles. $RH
Sept 5th: Sold Sept 8th 36/64.5 strangles for 1.10
Sept 7th: Rolled 64.5 calls to a Oct 20th 65/75 strangle, .44 credit.
TODAY: Closed strangle for 4.19. Rolled to Oct 27th 72/80 strangle for 4.25.
Now look for them to expire worthless with 1.60 total credit.
#ShortPuts #IRA – Played the bounce on this thing in a couple different accounts. Pretty happy capturing over half of max in all cases. Going flat now and will be looking for an earnings trade on it.
Bought to Close 1 EFX Apr 20 2018 55.0 Put @ .75 (sold for 2.25)
Bought to Close 1 EFX Apr 20 2018 60.0 Put @ .91 (sold for 2.20)
$SVXY #ShortCalls – did a major #Rollup of ITM Calls to avoid assignment.
I am still long some SVXY stock but those shares are covered by next week’s calls.
Bought to close SVXY Oct 6 2017 85.0 Calls/Sold SVXY Jun 15 2018 115.0 Calls @ 0.90 Credit
Bought to close SVXY Oct 6 2017 87.0 Calls/Sold SVXY Mar 15 2018 100.0 Calls @ 4.25 Credit
Bought to close SVXY Oct 6 2017 87.0 Calls/Sold Jan 19 2018 100.0 Calls @ 0.42 Credit
#Contango ETFs Nat Gas moving up, and KOLD has re-entered sell territory.
Sold to Open $KOLD Feb 50 call for 2.95. I went pretty far above mid-price and got filled immediately, so you can probably get more than I did. This is my only position in KOLD.
STO January 2018, 145 puts @2.05
STO April 2018, 140 puts @3.05
U.S. lost 33,000 non-farm payroll jobs in September, vs. +90K expected.
First negative monthly number since 2010.
Unemployment rate DOWN 0.2 to 4.2%.
U6 dropped to 8.3%, its lowest since June 2007.
Avg hourly earnings up +0.5%, a bigger jump than usual.
Labor Force Participation up to 63.1%, its highest all year.
Options Bistro 