#SPXcampaign Closed on GTC order: $SPX Oct 27th 2465/2440 put spreads for .20. Sold for 1.45 at end of Sept.
Daily Archives: Wednesday, October 18, 2017
T
#ShortPuts “Having more T”. Taking advantage of 52 week low to reduce cost basis on this 5.49% yielder. STO Nov 17 36 put (ITM) @ .98 when shares at 35.79
Taking off GWW puts
With the stock finally starting to show some weakness, I closed the hedge (short Oct 200 puts) I originally sold against Oct 200 calls which I rolled to Nov earlier. Small profit.
Bought to close $GWW Oct 20 200 puts @ .45. Sold for .70 on 10/17.
AGN #FallingKnife Sold: $AGN Feb…
AGN #FallingKnife
Sold:
$AGN Feb 16 2018 150 put @ 1.50
$AGN Mar 16 2018 145 put @ 1.50
SPX puts closed
#SPXcampaign BTC $SPX Oct 19th 2550/2525 put spreads for .85. These were monthly contracts, sold last week for 3.25.
SKEW is 150 wow. this…
SKEW is 150 wow. this is the first time I see it reaching this level. This means the market will go down
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close 1 UVXY Jan 19 2018 65.0 Call @ 1.28.
This is my last short strike 65 call for this month. Still short 82.0 and 91.0 Calls
Originally sold this one on 08/10/17 at 14.80.
SPX trades
#SPXcampaign Yesterday, closed on GTC order: $SPX Oct 18th 2545/2520 put spread for .45. Sold for 5.40 last week.
Today:
STOPPED: Oct 27th 2560/2585 call spreads for 10.55. Sold for 1.50 on Sept 29th.
#CondorRoll Sold Oct 30th 2535/2560/2570/2595 for 11.10. (very tight condor… I will allow either side to get 10-15 points ITM before I consider rolling)
STOPPED: Oct 19th 2555/2580 call spreads for 8.55. Sold for 1.70 on Sept 18th. Not yet rolled
Closed Oct 25th 2500/2525 call spreads for 24.20. Sold for 22.25 last Wednesday.
#ITMroll Sold Nov 1st 2515/2540 call spreads for 22.20. Added Nov 1st 2540/2515 put spreads for 2.70.
$GWW #ShortPuts – Bought to…
$GWW #ShortPuts – Bought to close GWW Dec 15 2017 120.0 Puts @ 0.05. Out 2 months early at minimum value.
Originally sold as a #FallingKnife trade in July at 1.15 and 1.25.
Long Put Diagonal futility
#VXXGame #LongPutDiagonals I’m starting to close down my ITM short puts against the Long-Put-Diagonals, without rolling them. I’ve kept up with rolling but it has become a futile exercise. I will consider new positions in either short calls or puts once we get some new volatility. But for now, I am shouldering the losses rather than building on them further.
The long term long puts are in great shape and should be ripe for closing about a year from now. That’s plenty of time to make up this month’s losses in additional short sales.
BTC $VXX Oct 20th 43 put for 8.44. Sold for 4.01 on 9/22 on a previous roll (with a 46.5 call for 1.44 that just closed for .03). That’s the basic deal; won’t be posting all trades to exit, but happy to answer any questions.
Rolling GWW
With the continued move up, I rolled the Oct 200 calls out to Nov for 2.72 credit. I’m leaving the Oct 200 put hedge to potentially expire on Friday.
$APA #ShortPuts – Bought to…
$APA #ShortPuts – Bought to close APA Oct 20 2017 40.0 Puts @ 0.01.
Also short the 42.5 Puts for Friday and the Jan 35 Puts
Options Bistro 