Closed Early/VXX Game/Short Puts $PCLN $T/SPX Campaign

Closed Early
$AAPL BTC 10/20 165/157.50 BECS @ 55% profit
$ADBE BTC 145/150 BUPS @ .15 STO 10/17 @ 1.60 (89% profit) Lucky
$LRCX BTC 10/20 185/195 BUPS @ 68% profit. Earnings trade. Got out when today went south for a while

#vxxgame
$SVXY STO 12/15 90 puts @ 6.30 Thank you @jeffcp66

#shortputs
$PCLN STO 10/27 1885/1905 BUPS @ 2.80 SUZ @ OMM
$T STO 11/17 36 put @ 1.00 Thank you @tabortrader

#spxcampaign
$SPX STO 11/1 2540/2515 BECS @ 22 Thank you @jeffcp66
$SPX STO 11/17 2440/2465 @2.60
$SPX STO 11/1 2515/2540 @4.00

SVXY closed at an all time high

After testing 100 this morning.
Un-be-****lievable.

ATHN earnings

#Earnings #ShortStrangles – First time ever in this ticker. Expected move of 9.75 but seems to exceed the move a lot of the time. Staying small…

Sold ATHN OCT 20 2017 106.0/129.0 Strangles @ 2.35

ISRG earnings

#Earnings #ShortStrangles – Got out of this a couple weeks ago. Had so much fun I’m heading back in…

Sold ISRG OCT 20 2017 340.0/375.0 Strangles @ 3.55 (expected move of 14.05)

$FLR #ShortPuts – Bought to…

$FLR #ShortPuts – Bought to close 1 FLR OCT 20 2017 42.5 Put @ 0.05 to avoid possible assignment tomorrow. The stock opened down at 42.27 this morning before recovering or I would have let this one run out.
Originally sold on 05/17/2017 at 1.65 as a #FallingKnife trade.
Still short the Jan 35 and 40 Puts that are nicely profitable.

$TSCO #ShortPuts – Bought to…

$TSCO #ShortPuts – Bought to close 1 TSCO OCT 20 2017 60.0 Put @ 1.35 to avoid possible assignment tomorrow. The stock has been below 59 all day today.
Originally sold at 1.80, and along with my buy back of the Oct 55 Puts at 0.05 on 10/03, this stock was still a decent money maker.
Still short the Jan 45 and 50 puts trading at nice gains.

Trades and rolls

Rolled WDC 86.5 puts this week to next week 85 for 0.65 credit.
Rolled WDC this week 85 CCs to next week for 1.89
Rolled WDC this week 84 ccs to 85 for 1.31 and 1.32 credits
STO SVXY Jan 2019 50 put at 1.92

Nothing else expiring until next week. Finally at least not an up day but we still have 3 hours to the close so I am sure we will have another record after the pull back this morning.

$AAOI #ShortPuts #FallingKnife – Sold…

$AAOI #ShortPuts #FallingKnife – Sold 1 AAOI MAR 16 2018 22.5 Put @ 1.60 with the stock at 42.05

$OXY #ShortPuts – Bought to…

$OXY #ShortPuts – Bought to close OXY NOV 17 2017 50.0 Puts @ 0.01. Still a month to go before expiration.
Originally sold on 05/04/2017 at 1.17. Still have the Nov 52.5 Puts to cover.

UAL Dec

Taking advantage of the still high IV (IV rank is 63) to sell some Dec puts into this huge down move.
Sold $UAL Dec 15 55 puts @ 1.25.

Earnings…

ATHN – Big IV
ISRG – Probably selling some puts…it’s a lot more reasonable after the 3 for 1 split.
PYPL – Watching but not sure…very extended like many others
SKX – Cheap with bigIV so maybe worth a shot…love the shoes. Golf shoes, regular tennis shoes, and work shoes all SKX. 🙂 🙂
VZ – Yuck…no premium

WYNN

#ShortStrangles – WYNN does this nearly every quarter with the earnings date. I’ve got puts I need to roll and TOS estimates earnings on Nov 1st. Last quarter I rolled based on that and then they moved it up a week and I was instantly losing on the roll as the IV popped. Looks to me based on the last few dates it will be next week and TOS will be wrong again. Would be nice if it changes before I’m forced to roll…

TEVA

#CoveredCalls – Sold TEVA NOV 3 2017 15.5 Calls @ .32

REGN

#CoveredCalls – Still keeping these in the expirations prior to earnings…

Bought to Close REGN OCT 20 2017 460.0 Call @ .10 (sold for 10.65)

Then:

Sold REGN OCT 27 2017 450.0 Call @ 3.50

TSLA

#ShortStrangles – Yesterday took advantage of the bounce to book an inverted strangle at a decent profit…

Bought to Close TSLA OCT 20 2017 360.0/350.0 Inverted Strangle @ 14.00 (sold for 17.50)

AAOI

#ShortStrangles – At various times this week…

Bought to Close AAOI OCT 20 2017 48.0 Calls @ .01 (sold for 1.20)
Sold AAOI NOV 3 2017 44.0 Calls @ 1.00

Rolled AAOI OCT 20 2017 80.0 Puts to NOV 17 2017 80.0 Puts @ 1.25 credit (basis in these down to 61.08)

GWW

#ShortPuts #IRA – Following @Iceman …. just a couple strikes higher.

Sold 1 GWW APR 20 2018 160.0 Put @ 3.80

$UVXY

Nibbled
STO Oct 27 $25 calls @ $0.33

Morning all Sold to open…

Morning all Sold to open $SVXY Nov 10th 80 Put at 1.65 with $SVXY at 101.45.

$GWW #ShortPuts – Sold 1…

$GWW #ShortPuts – Sold 1 GWW APR 20 2018 150.0 Put @ 2.90 with the stock at 204.65.
The strike price is 5 points below the yearly low

SPX puts sold

#SPXcampaign
Sold to Open $SPX Nov 16th 2465/2440 put spreads for 1.50

VXX game trades

#VXXgame
BTC $SVXY Dec 105 call for 8.20. Sold in the 90/210 strangle (pre-split) for 6.45 (effective price) in May.
Sold SVXY Dec 90 put for 6.25
Sold SVXY Dec 75 put for 1.65

#LongPutDiagonal BTC $VXX Nov 3rd 42 put for 6.90. Sold for 6.75 as a previous roll.

$UVXY #CoveredCalls – Sold UVXY…

$UVXY #CoveredCalls – Sold UVXY Oct 20 2017 20.5 Calls @ 0.15. These expire tomorrow

Closing NVDA

Been battling this trade since I put it on. Originally a 175/195 strangle for tomorrow’s expiration. I rolled the put side up twice, ending up with a 195 straddle. With today’s down move I decided to take it off for an overall small profit (.27 per contract) and move on. Who knows what today will bring.
Bought to close $NVDA Oct 20 195 straddle @ 3.90.

$MYL #ShortPuts – Sold MYL…

$MYL #ShortPuts – Sold MYL Jan 19 2018 32.5 Puts @ 0.56 with the stock at 37.77.
These will replace similar Oct puts that expire tomorrow.

$AGN #ShortPuts #OptionLadder – sold…

$AGN #ShortPuts #OptionLadder – sold these on the opening with the stock at 184.31
AGN MAY 18 2018 125.0 Puts @ 1.52
AGN MAR 16 2018 135.0 Puts @ 1.28
AGN FEB 16 2018 140.0 Puts @ 1.21
AGN JAN 19 2018 150.0 Puts @ 1.36

Good morning

We have a down opening but I can’t find a reason or any news. It must be the 1987 crash anniversary