STO June 125 put @ 2.80
Monthly Archives: October 2017
AMZN call
#CoveredCalls On the big move, sold $AMZN Dec 15 1150.00 call @ 5.50
Short Puts $WDC Early Assignment $T SPX Campaign Closed Early $BA
#shortputs
$WDC STO 11/17 85 puts @ 1.60 Thank you @fuzzballl
#earlyassignment
$T 10/27 35 put Basis 34.45
#spxcampaign
$SPX STO 11/8 2555/2580 BUPS @ 10.50 Thank you @jeffcp66
#shortcalls
Closed Early
$BA BTC 11/17 280/270 BECS @ 55% profit
$DUST #CoveredCalls – using more…
$DUST #CoveredCalls – using more strength in DUST to roll my covered calls up for a credit.
Bought to close DUST Oct 27 2017 27.5 Calls/Sold DUST Nov 3 2017 28.5 Calls @ 0.20 Credit.
I made a bit on this weeks’s calls and bumped my exit price by 1.20.
$NUGT #ShortCalls – Bought to…
$NUGT #ShortCalls – Bought to close 1 NUGT Nov 17 2017 60.0 Call @ 0.01.
Originally sold on 08/31/2017 at 1.45.
$COP #ShortPuts – Bought to…
$COP #ShortPuts – Bought to close 1 COP NOV 17 2017 40.0 Put @ 0.01.
Originally sold on 04/21/2017 @ 1.21
VIX Indicator has been updated
Click “Home/REFRESH” to update right-column features. The VIX managed to eke out a gain on the day, keeping the uptrend in tact.
$HES #ShortPuts #FallingKnife – Sold…
$HES #ShortPuts #FallingKnife – Sold 1 HES MAY 18 2018 32.5 Put @ 1.15
UVXY
Based on the good after hours earnings, I’m taking a shot.
STO UVXY Oct 27 $17 calls @ $0.52 expire tomorrow.
VXX game
#VXXGame My #LongPutDiagonals have my account leaning short volatility. This means it costs me to sell volatility, but credits me to buy it. I cleared a couple short positions to preserve powder for more spikes:
BTC $SVXY Dec 15th 47.5 put for .89. Sold in May as part of a strangle for 12.90, pre-split.
BTC $UVXY Dec 15th 91 call for .39. Sold yesterday for .725
AMZN double beat
Amazon (NASDAQ:AMZN): Q3 EPS of $0.52 beats by $0.49.
Revenue of $43.74B (+33.7% Y/Y) beats by $1.6B.
Stock hitting 1050 in the a/h.
SPX trades
#SPXcampaign Compared to yesterday, quiet day. I rolled a couple of call spreads that I closed yesterday. I am now short term bearish but not hugely so.
Sold Nov 10th 2565/2590 call spreads for 10.80
Sold Nov 10th 2535/2560 call spreads for 18.90
Closed Nov 8th 2560/2535 put spreads for 6.10. Sold yesterday for 7.45.
Adding ALXN
Sold $ALXN May 18 2018 90 put @ 1.90
I’m also short Jan 85 and 60 puts.
AGNC
#FallingKnife – Good divvy down here…no position
WDC earnings
#Earnings – Not really seeing anything for tomorrow that I like so letting out the leash a little. These should have a little bit of volatility collapse anyway. Selling down around the 200 ma.
Sold WDC NOV 17 2017 85.0 Puts @ 1.55
AAOI
#CoveredCalls – Got a breakeven stop set on next week’s so selling earnings week too. Big risk here is a buyout and the stock spikes to 100…
Sold AAOI NOV 10 2017 44.0 Calls @ 1.10
#earnings GOOGL Nov. 17 IC…
#earnings GOOGL
Nov. 17 IC followed from TT 967.50/970/1020/1022.50 for 1.86. His trade was for tomorrow, I’ll be driving all day, try not to trade from my phone at 80 mph heh heh
UVXY interesting trade made today….
UVXY interesting trade made today. Someone bought 1250 Jan’18 $10 puts @ $0.82.
Corn futures?
#Futures – I must be bored but corn ( /ZC ) sure looks like it’s ready to go higher. Pretty tight daily squeeze after a big drop.
EXR
Another storage stock not very well liked today
STO June 65 puts @ 2.15 with the stock at 76.78
STO June 60 puts @ 1.35 also
ORLY up now
Helluva intraday reversal. After opening down over 12 points, at 190, it’s now around 209, with a bullish candle that is engulfing the last 3 trading days. I’m still short 220 puts in Nov from a rollout which are underwater but looking quite a bit better than a couple of hours ago.
GWW put hedge
Sold $GWW Nov 17 185 puts @ 2.00, against the short Nov 17 200 calls I’m holding that have gone back in the money with the stock looking strong again today.
PSA
STO June 150 put @1.75 on 1 contract. Hat tip to Fuzzball for the idea.
PSA
#ShortPuts #IRA – Sold PSA JUN 15 2018 160.0 Put @ 2.50
This would get the stock at 157.50 raising the divvy yield to 5.1%
DIS Whiz style
#SyntheticStock #IRA – 2020 LEAPS out so plenty of time to sell the crap out of this one. Earnings in a couple weeks so some good premium to get started with…
Synthetic stock in Jan 2020 for .58 credit:
Sold DIS JAN 17 2020 100.0 Puts @ 11.65
Bought DIS JAN 17 2020 100.0 Calls @ 11.07
Applying the .58 credit to help buy the disaster puts:
Bought DIS JAN 17 2020 90.0 Puts @ 7.18
In the 2020 position for 6.60 debit. Disaster puts are 10 points under the synthetic so max risk in the entire trade is 16.60. Should easily sell 4 to 5 times that much in front month weeklies if DIS goes nowhere and the trade runs the full 116 weeks. That works out to only needing to sell 14 cents a week to cover max loss.
So:
Sold DIS NOV 3 2017 99.5 Calls @ .36
#Earnings BIDU – puts at…
BIDU – puts at the expected move still 2.40
EXPE – decent premium
WDC – Up on the back of STX rally
Leaning towards WDC strangles of some sort…
No soup for you!
#OffTopic I follow simpleroptions.com and use the name “Optionsbistro-Jeff” in their chat room. When they answer my questions they usually say “Jeff.” Earlier this week John Carter mentioned “Options Bistro” when answering my question. The next day, I could no longer enter the word “bistro” as any part of my name. They’re a bit territorial over there, I guess!
SPX puts closed
#SPXcampaign Bought to closed $SPX Oct 27t 2525/2500 put spreads for .25. Sold for 1.45 on Oct 16th. These got up to 2.50 yesterday. Wanted to sell more but missed fill attempts before the bounce.
NSC earnings
#Earnings #ShortPuts BTC $NSC Oct 27th 130 puts for .35, near the open. Sold for 1.10 on Monday. After a day on the hole I’m clearing this one off early, mainly to release margin.
AMZN earnings
#Earnings The 30-point ATM #IronButterfly is going for about 25.00 right now (940/970/1000). That would allow a 2.6% move for breakeven. Here are its one day moves last 12 quarters. Quieter lately as stock price has gotten much higher.
July 27, 2017 AC -2.48%
April 27, 2017 AC 0.71%
Feb. 2, 2017 AC -3.54%
Oct. 27, 2016 AC -5.13%
July 28, 2016 AC 0.82%
April 28, 2016 AC 9.56%
Jan. 28, 2016 AC -7.60%
Oct. 22, 2015 AC 6.22%
July 23, 2015 AC 9.79%
April 23, 2015 AC 14.13%
Jan. 29, 2015 AC 13.71%
Oct. 23, 2014 AC -8.34%
WHR
STO April 125 put @1.95
Hat tip to Iceman
What do y’all think of…
What do y’all think of a GOOGL Iron Fly- 1000/980/1000/1020 Nov 3rd – 18.00 credit
PSA
#FallingKnife with nice divvy…
FFIV earnings
#Earnings #ShortStrangles – Decent earnings season so far…sold 11 minutes before the close and closed 3 minutes after the open. My kind of trade!
Bought to Close FFIV OCT 27 2017 115.0/130.0 Strangles @ .10 (sold for 2.40)
🙂 🙂
CELG-On the big move down this morning
Sold:
$CELG Dec 15 90 puts @ 2.00
$CELG Apr 20 75 puts @ 1.55
Good Morning
It looks like CELG is getting crushed again.
Closed Early SPX Campaign VXX Game
#spxcampaign
Closed Early
$SPX BTC 10/27 2575/2550 BECS @ 9.25 STO 10/16 @ 12.50 Thank you @jeffcp66
Trade
$SPX STO 11/22 2445/2470 BUPS @ 1.90
$SPX STO 11/24 2425/2450 BUPS @ 1.50
$SPX STO 11/22 2550/2525 BECS @ 20.30 Thank you @jeffcp66
#vxxgame
$SVXY STO 11/17 70 put @ 1.20 Thank you @jdietz1954
ES Moves at last…
A Nice move in ES Today finally…
SVXY #Shortputs Bought to close…
SVXY #Shortputs Bought to close Oct 27th 75 Put @ .04. Filled after the close.
$VIX /VX – the VIX…
$VIX /VX – the VIX index and the VIX futures gave it ALL back by day’s end. VIX up 0.07 and futures up only 0.10
Expect SVXY to rise tomorrow and UVXY to revisit it’s old low soon.
$WHR #ShortPuts #FallingKnife – adding…
$WHR #ShortPuts #FallingKnife – adding on
Sold 1 WHR APR 20 2018 125.0 Put @ 2.05
Sold 1 WHR JUN 15 2018 125.0 Put @ 2.84
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 03 2017 79.0 Puts @ 1.17
$SVXY #CoveredCall – Sold 1…
$SVXY #CoveredCalls – Sold 1 SVXY Nov 10 2017 111.0 Call @ 1.09.
It seemed like a good idea after all the SVXY Puts and UVXY Calls I sold today.
Good night
It has been great today and let us hope for more volatility this week. I am off to the gym and tread mill.
FFIV earnings
#Earnings #ShortStrangles – Out of AVGO earlier so now there’s room to take a shot at this one…
Sold FFIV OCT 27 2017 115.0/130.0 Strangles @ 2.40
Skewed slighly bullish with an expected move of 7.01 with stock at 118.90
Rolling $M
Been deep in the money for a while but I’m able to continue rolling this at the same strike, collecting a credit.
Rolled $M Nov 17 27 puts out to Dec 15 27 puts for .35 credit. Total premium taken in so far is 2.25 so my cost basis is down to 24.75.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY NOV 3 2017 74.0 Puts @ 0.85
$DUST #CoveredCalls – using a…
$DUST #CoveredCalls – using a little bit of strength in DUST to roll my covered calls up for a credit.
Bought to close DUST Oct 27 2017 27.5 Calls/Sold DUST Nov 3 2017 28.0 Calls @ 0.25 Credit.
I made a little on this weeks’s calls and bumped my exit price by 0.75.
$SVXY #ShortPuts #IRA – Keeping…
$SVXY #ShortPuts #IRA – Keeping my timeframe short
Sold SVXY Nov 3 2017 69.0 Puts @ 0.41
Sold SVXY Nov 3 2017 68.0 Puts @ 0.41
Sold SVXY Nov 10 2017 60.0 Puts @ 0.51
$DUST #ShortPuts #IRA – Bought…
$DUST #ShortPuts #IRA – Bought to close 1 DUST Dec 15 2017 14.0 Put @ 0.05. It won’t trade any lower.
Originally sold on 09/07/17 at 1.10.
SVXY
STO December 1, 55 puts @.95
$PRGO #ShortPuts – Bought to…
$PRGO #ShortPuts – Bought to close PRGO Jan 19 2018 50.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Sold in August at 1.15 and again at 1.50.
SVXY
STO December 1, 60 puts @1.20
Margin in the corner
#ContangoETFs #ShortCalls I found these $NUGT positions all sitting in the corner of my portfolio, neglected and ignored. Margin freed up!
BTC NUGT Nov 17th 60 call for .03. Sold for 2.10 on Sep 7th.
BTC NUGT Dec 15th 51 calls for .15. Sold for 2.18 and 3.85 in August.
BTC NUGT 58 call for .07. Sold for 2.28 on Aug 31st.
BTC NUGT Jan 19th 58 call for .28. Sold for 5.80 on June 6th.
BTC NUGT Mar 16th 60 call for .77. Sold for 5.50 on Sept 5th.
$SVXY #ShortPuts – Keeping my…
$SVXY #ShortPuts – Keeping my timeframe very, very short
Sold SVXY Nov 3 2017 73/72/71/70 Puts all @ 0.52
TLT
If she can get down to 120 or so (116 would be even better) it will be my next Whiz style #SyntheticStock position…FWIW 🙂
SVXY
Tried to get a fill on a Nov 3 $100/$95 BuPS. Started @ @2.60 and kept dropping $.05 every couple of minutes. Killed the order when I got down to $2.30. Bid/Ask spread on those puts are huge, wanted to see if I could get a fill. The $100 put was almost ATM so any amount of calmness would have these expiring worthless.
$UVXY #ShortCalls – some random…
$UVXY #ShortCalls – some random speculative trades
Sold 1 UVXY Mar 16 2018 91.0 Call @ 2.56 – highest strike
Sold UVXY Jan 19 2018 91.0 Calls @ 1.40 – highest strike
Sold UVXY Dec 15 2017 91.0 Calls @ 0.75 – highest strike
Sold UVXY Nov 17 2017 45.0 Calls @ 0.57
Sold UVXY Nov 10 2017 35.0 Calls @ 0.56
Sold UVXY Nov 3 2017 27.50 Calls @ 0.55
Sold UVXY Oct 27 2017 22.5 Calls @ 0.31
VXX game trades today
#VXXGame #LongPutDiagonals In chronological order:
Sold $VXX Dec 15th 30 call for 7.50, adding to my position… switching the failed covered puts to calls, which have much better chance of surviving.
Closed $SVXY Jan 2018 97.5 call for 13.10. Sold for 3.125 (effective price) in January.
#Rolling the above to March 104 call for 13.35. Likely have to be rolled again, but at least I got it higher.
Closed $VXX Oct 27th 44 put for 6.75. Sold for 5.85 on Sept 29th as a roll.
Sold $UVXY Dec 15th 91 calls for .70 and .75
SVXY #Shortput Sold Nov 17th…
SVXY #Shortputs Sold Nov 17th 70 Put at 1.45 with SVXY at 95.75
SPY
STO Nov 17 $SPY $249/235 put spreads @ $0.83
SVXY sale
Going really slowly here.
Sold $SVXY Dec 1 60 put @ 1.30.
AAPL
#SyntheticStock #LongCallDiagonals – Booking and selling. Earnings next week so great premium. Selling above the 50ma…
Bought to Close AAPL OCT 27 2017 160.0 Calls @ .09 (sold for .80)
Sold AAPL NOV 3 2017 160.0 Calls @ 1.80
Was that a bottom? SPX trades
If there’s a bounce to be, it has begun
#SPXcampaign #VIXIndicator The VIX topped out (thus far) at 13.20, which is .47 shy of canceling the Upside Warning. If the bullish trend is to continue, the bounce may have started now.
Closed $SPX Nov 3rd 2520/2545 call spreads for 19.45. Sold Friday for 22.70. This will be another #ITMroll, but I’m going to roll it late today or tomorrow, provided we continue higher.
Stopped Oct 31st 2560/2535 put spreads for 9.60. Sold for 3.15 on Friday. This was stopped on the way back up from the lows. Can’t risk a gap down with expiration date so near. I’m going to consider how to roll tomorrow.
SVXY
STO: Nothing like a little volatility to make me feel better and put a smile on my face.
November 11, 60 puts @ .45
November 17, 60 puts @ .73
November 24, 60 puts @ 1.05
November 17, 65 puts @ 1.10
SVXY
STO Nov 10 $60 puts @ $0.50
SVXY
STO November 17, 70 put @ 1.40
TICKs hit +600 for first…
TICKs hit +600 for first time today
#spxcampaign Closed Oct 31st 2485/2460…
#spxcampaign
Closed Oct 31st 2485/2460 BuPS for .15 profit.
Stopped Nov 3rd 2500/2475 BuPS for 2.50 loss
SPX trades
#SPXcampaign $SPX Huge day and still going. In chronological order:
Stopped Oct 25th 2575/2550 put spreads for 11.75. Sold Monday for 3.85.
Stopped Nov 1st 2515/2540 call spreads for 22.40. Sold for 22.15 as #ITMroll last week.
Stopped Oct 30th 2560/2535 put spreads for 5.40. Sold for 4.75 last week.
Sold Oct 31st 2575/2600 call spreads for 3.05 as a partial roll.
Sold Nov 8th 2530/2505 put spreads for 3.70 (1.5x pos size), #Rolling from Oct 30 puts stopped above.
Sold Nov 8th 2525/2550 call spreads for 19.40, an #ITMroll from Nov 1st calls stopped above.
Sold Nov 24th 2450/2425 put spreads for 1.70.
Stopped Nov 16th 2500/2475 put spreads for 2.90. Sold Monday for 1.40.
Sold Nov 22nd 2470/2445 put spreads for 2.00 (1.5x pos size, roll from Nov 16 puts stopped above).
Stopped Nov 24th 2485/2460 put spreads for 3.10. Sold Monday for 1.45.
Sold Dec 29th 2350/2375/2655/2680 #CondorRoll for 3.35, as a roll to Nov 24 puts stopped above. Went out further than usual here as I like the distance OTM I’m able to get, even though it’s over two months to go.
More fun to come, I’m sure!
BA strangle
Sold $BA Nov 17 245/265 strangle @ 3.42 with the stock at 255.25. IVR is 57.
AVGO
#ShortStrangles – Booking it at about 50 percent of max…
Bought to Close AVGO NOV 10 2017 240.0/260.0 Strangle @ 3.50 (sold for 6.48)
CMG closed
#Earnings Took the loss at a discount,
closed $CMG Oct 27th 290/300/350/360 #IronCondor for 9.65. Saved .35 from letting it expire… it could recover into Friday, but I’m doubting it. This also releases some margin.
SVXY
STO $SVXY Nov 17 $55 puts @ $.50
SVXY
#ShortPuts – Booked a bunch in this account a couple days ago. Starting to dabble again…
Sold SVXY NOV 17 2017 80.0 Put @ 2.50
Sold SVXY DEC 15 2017 70.0 Put @ 2.65
Sold SVXY JAN 19 2018 60.0 Put @ 3.00
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