#OptionsExpiration
Been spending the week in Denver visiting my Mom so haven’t even looked at the market. Hope you all had a great week. This is all I have expiring.
SVXY $55 puts
Have a great weekend
Daily Archives: Friday, October 13, 2017
#OptionExpiration
Afternoon. Only 2 positions this week.
$AAOI Oct 13 58 Put Assigned 😦
$SVXY Oct 13th 60 Put Expired 🙂
Have a great weekend all. Fall is finally here in the Piedmont (I hope).
#OptionsExpiration for 10/13 $SVXY Oct…
#OptionsExpiration for 10/13
$SVXY Oct 13 50 puts
I was also assigned early on a portion of $TEVA short 18.50 puts (which I’ve been writing calls against). I’ll keep it (and likely the rest next week) and continue writing calls.
Have a great weekend.
#OptionsExpiration #Weeklys #Oct 13 -…
#OptionsExpiration #Weeklys #Oct 13 – almost nothing this week.
–Expirations —
$SVXY (Weekly) Oct 13 2017 79 Puts
$TAP (Weekly) Oct 13 2017 78 Puts
–Assignments —
$UVXY (Weekly) Oct 13 2017 17.5 Puts
SPX trades today
#SPXcampaign My travels certainly got me backed into a corner to the short side. I managed several ITM rolls but failed to roll away more of them that became ITM. So up to my neck in them now. A pullback to 2500 will net me a huge payday.
Closed on GTC orders:
Oct 27th 2415/2390 put spreads for .20. Sold for 1.50 on Sept 25th.
Oct 23rd 2490/2465 put spreads for .40. Sold for 3.95.
ITM rolls:
Closed Oct 20th 2500/2525 calls for 24.10. Sold for 22.55 last Friday.
Rolled to: Sold Oct 27th 2510/2535 calls for 22.40.
Closed Oct 20th 2530/2555 calls for 20.20. Sold for 5.75.
Rolled to: Sold Oct 31st 2535/2560 calls for 18.05.
Closed Oct 19th 2545/2570 calls for 13.95. Sold for 1.70 on Sept 22nd.
Rolled to: Sold Oct 27th 2550/2575 for 11.65.
Put spreads sold to make up for debits in the ITMrolls:
Sold Oct 19th 2550/2525 puts for 3.25
Sold Oct 23rd 2555/2530 puts for 5.45.
Standard campaign spreads:
Sold Nov 10th 2600/2625 calls for 1.65 (adding to current position)
Sold Nov 10th 2490/2465 puts for 1.55
$ULTA $DISH $ESRX $WBA #ShortPuts…
$ULTA $DISH $ESRX $WBA #ShortPuts #FallingKnife – all S&P stocks at or near their 52Week Low –
Sold ULTA DEC 15 2017 145.0 Put @ 1.45
Sold DISH MAR 16 2018 42.5 Put @ 1.70
Sold ESRX MAY 18 2018 47.5 Put @ 1.37
Sold WBA JUN 15 2018 55.0 Put 1.32
ISRG fat finger
#CoveredCalls – Was long stock covered by next week’s 301.67 calls. Was entering an order to close the entire position at 301.50…willing to give up 17 cents to free up the cash a week early and to not have to hold over earnings. Forgot to adjust the darn price and was filled at 300.88. Ended up costing myself 62 cents but with a basis of 299.13 it’s still a winner.
Had this position on for a long time since a previous earnings play where the call side got demolished on a gap and run. Happy to be out and satisfied with the long grinding comeback!
#antm sto calls nov 10…
#antm
sto calls nov 10 195.50/197.50 @.99
$DUST #ShortCalls – Bought to…
$DUST #ShortCalls – Bought to close DUST Jan 19 2018 90.0 Calls @ 0.05. They won’t trade any lower and carry extra high margin requirements as a 3x product.
They also run for another 3 months.
Originally sold most of these during the DUST run to the high 30’s in Feb at prices from 4.20 to 4.80.
Also sold in early March at 6.80 and 8.00
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close 1 UVXY Dec 15 2017 65.0 Call @ 0.76.
Originally sold on 08/10/17 at 10.10.
I still have a couple of these left, sold at higher prices.
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to close 1 Jan 18 2019 65.0 Call @ 5.65 with the stock at 16.60.
Originally sold on 08/10/17 @ 22.0.
This is the last of this particular contract. I’ve been averaging down my buybacks just like I averaged up my original sales.
It’s now been over 2 months since the last decent volatility event. I’m wondering if we get to year end without another one.
$UVXY #ShortPuts – another dumb…
$UVXY #ShortPuts – another dumb trade with UVXY at 16.64 and the VIX at 9.55
Sold UVXY Nov 3 2017 15.0 Puts @ 0.74
Have a nice weekend
Once again, I do not have any expirations so will sign off early. Happy triskaidekaphobia.
AAPL
#LongCallDiagonals – Watching this week’s 157.5’s to hopefully expire. Selling new batch a couple weeks out and before earnings…
Sold AAPL OCT 27 2017 160.0 Calls @ .80
SVXY
#CoveredCalls – Keeping a little stock for at least a couple more weeks…
Rolled SVXY OCT 13 2017 93.0 Calls to OCT 27 2017 94.0 Calls @ .59 credit
DGX
STO May 85 puts @ 3.20
A TRADE:
$AA STO 10/20/17 45.0 PUTS @.45, Against my short 45.5 calls.
WDC
#ShortStrangles – Just a quickie. I’ll look to re-establish in earnings week.
Bought to Close WDC OCT 20 2017 80.0/92.5 Strangles @ .19 (sold for 1.22)
AAOI
#CoveredCalls – These aren’t covered yet but they might as well be…
Bought to Close AAOI OCT 20 2017 60.0 Calls @ .05 (rolling this profit into my stock basis)
Sold AAOI OCT 20 2017 48.0 Calls @ 1.20
Selling these a little under my basis but should be able to roll up into earnings if needed…
UHS #FallingKnife Sold $UHS Apr…
UHS #FallingKnife
Sold $UHS Apr 20 80 put @ 1.40
SPX trades yesterday
#SPXcampaign
Closed on GTC order:
Oct 13th 2530/2505 put spreads for .20. Sold on Monday for 2.35
Oct 20th 2475/2450 put spreads for .25.
Closed Oct 18th 2480/2505 call spreads for 24.55. Sold a week earlier for 23.25.
#ITMroll Sold Oct 25th 2500/2525 call spreads for 23.25.
Was able to move up 20 points with only a 1.30 debit; when spreads are this deep ITM the premiums are little changed by moving up multiple strikes, so wider rolls are easier.
HCA/AAOI dump
#Earnings #ShortPuts #LongStock
As noted last night $AAOI has taken its expected dump, one night before my 55 puts were to expire. Will consider my options based on today’s action.
I’ve been waiting for $HCA to recover but it’s taking a big hit today, along with all Healthcare ($XLV) since Trump is expected to cut ACA subsidies. I’m long some stock with #CoveredCalls
Options Bistro 