$AMZN Nov 3 1125 calls (covered)
$CMG Nov 3 260 puts
$STMP Nov 3 170 puts
$SVXY Nov 3 74 puts
$TSLA Nov 3 270 puts
$UVXY Nov 3 18 calls
No assignments this week.
Thanks to Iceman for the great trade ideas on CMG, STMP and TSLA.
Have a great weekend everyone.
— Expired w/Max Profit —
AAPL 157.5 and 160 puts
AAPL 177.5 calls
FB 172.5 puts
FB 192.5 calls (partially covered)
— #Assignment —
LITE 62 puts (cost basis 60.50)
— Expired w/Max Loss —
CC 55.5/57.5/59.5 #UnbalancedButterfly (sold for .60, loss of 1.40)
STMP 200/180 put spreads (sold for 4.15, loss of 15.85. Rolled out 2 weeks)
TSLA 320/325/330 #UnbalancedButterfly (sold for 2.15, loss of 2.85)
#OptionsExpiration #Weeklys #Nov3 – an interesting #Earnings driven week. $CMG $STMP and $TSLA trades yielded big gains in a short time.
Reaped the rewards of putting on $SVXY and $UVXY positions during last week’s minor volatility spike.
No assignments this week.
— Expirations —
CMG (Weekly) Nov 3 2017 257.5 Puts
CMG (Weekly) Nov 3 2017 260 Puts
DUST (Weekly) Nov 3 2017 25.5 Puts
MYL (Weekly) Nov 3 2017 34.5 Puts
NUGT (Weekly) Nov 3 2017 30.5 Calls (Covered)
STMP (Weekly) Nov 3 2017 140 Puts
STMP (Weekly) Nov 3 2017 170 Puts
SVXY (Weekly) Nov 3 2017 68 Puts
SVXY (Weekly) Nov 3 2017 69 Puts
SVXY (Weekly) Nov 3 2017 70 Puts
SVXY (Weekly) Nov 3 2017 71 Puts
SVXY (Weekly) Nov 3 2017 72 Puts
SVXY (Weekly) Nov 3 2017 73 Puts
SVXY (Weekly) Nov 3 2017 74 Puts
SVXY (Weekly) Nov 3 2017 75 Puts
SVXY (Weekly) Nov 3 2017 79 Puts
TSLA (Weekly) Nov 3 2017 270 Puts
UAA (Weekly) Nov 3 2017 20 Calls (Covered)
UAA (Weekly) Nov 3 2017 20.5 Calls (Covered)
UVXY (Weekly) Nov 3 2017 19 Calls (Covered)
UVXY (Weekly) Nov 3 2017 25.5 Calls
UVXY (Weekly) Nov 3 2017 26 Calls
UVXY (Weekly) Nov 3 2017 26.5 Calls
UVXY (Weekly) Nov 3 2017 27 Calls
UVXY (Weekly) Nov 3 2017 27.5 Calls
$SVXY $66 puts
$SVXY $72 puts
$SVXY $76 puts
$SVXY $85 puts
$SVXY $90 puts
$UVXY $18 calls
$UVXY $24 calls
$UVXY $27 calls
Finally a better expiration this week.
Everyone have a great weekend.
BTC Nov 3 $15 calls @ $.05 (sold for $1.39 as part of $15/$17 spread) with about 30 mins before the close. It was just toying with $15 all day and didn’t want to take a chance into the close.
#SPXcampaign Sold $SPX Nov 15th 2565/2540 put spreads for 2.90.
Only one expiration today.
November 3, 70 put
$UVXY #ShortPuts #Rolldown – Bought to close UVXY Nov 3 2017 15.0 Puts/Sold UVXY Nov 17 2017 14.0 Puts @ 0.55 Credit with the stock at 14.99 and less than 5 minutes to the close.
A nice gain on this week’s Puts.
#SPXcampaign #OptionsExpiration
Afternoon all. Popping in here at the close. Sold to close Nov 10th 2500/2475 BuPS for 0.15 off a GTC order with SPX at 2581.90. Originally sold for 1.30 on 10/27.
Expiring SVXY Nov 03rd 85 Puts
Have a great weekend. Back on Monday
$STMP #ShortPuts – Bought to close a portion of my STMP Nov 3 2017 170.0 Puts @ 0.05 with the stock at 172.50.
#CoveredCalls #LongStock Staying long the stock and replacing the earnings options expiring today.
Sold $FB Dec 1st 187.5 covered call for 1.25
I forgot to post. STO December 8, 65 puts @.75
#ShortPuts – Not sitting on these for months for a few dollars. Freeing up a lot of margin in the #IRA ….
Bought to Close AAPL JAN 19 2018 140.0 Put @ .30 (sold for 3.83)
Bought to Close AAPL FEB 16 2018 135.0 Put @ .52 (sold for 3.70)
Bought to Close AAPL APR 20 2018 130.0 Put @ .78 (sold for 3.56)
STO November 24, 100 puts @ .60 earnings are on November 29
Taking this earnings trade off for better than 70% of the profit instead of waiting another two weeks for expiration.
Bought to close $FB Nov 17 170 puts @ .47. Sold for 1.65 on 11/1.
#Earnings – Original trade was super bullish NOV 3 2017 190.0/185.0 Bull Put Spread @ 3.50
Stock dropped so booking the long put and applying it to the stock basis when I receive stock this weekend.
Sold to Close FB NOV 3 2017 185.0 Put @ 6.50
So…10.00 premium received so far. Stock basis will be 180. Aggressively covering it next week slightly in the money at breakeven premium. Would still have the option to roll that up and out if she rallies next week.
#CoveredCalls – Sold FB NOV 10 2017 177.5 Call @ 2.50 (stock basis now 177.50 covered at 177.50)
$FLR #ShortPuts – Bought to close FLR Jan 19 2018 35.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 8/7/17 at 1.25 as a #FallingKnife trade.
#SPXcampaign $SPX Today, in chronological order:
Before open, closed on GTC order: Nov 10th 2490/2465 put spreads for .20. Sold for 1.55 on Oct 13th.
Sold Dec 1st 2490/2465 put spreads for 1.45
Closed Nov 10th 2565/2590 call spreads for 14.00. Sold for 10.80 on Oct 26th.
#CondorRoll Sold Nov 17th 2550/2575/2585/2610 condors for 14.10
Closed Nov 10th 2535/2560 call spreads for 22.00. Sold for 18.90 on Oct 26th.
#ITMroll Sold Nov 17th 2550/2575 call spreads for 19.00
Sold Dec 1st 2630/2655 call spreads for 1.60.
Closed on GTC order: Nov 6th 2560/2535 put spreads for .30. Sold for 3.45 on Oct 20th.
#VIXIndicator The VIX is closing in on another validation of the Upside Warning. If it closes below 9.98 today and Monday, that will be three in a row below the 78.6% Fib retracement of the last spike, which historically is less compelling than an original Upside Warning but still a decent indicator of more upside, or at least further delay before a correction.
Long call trade: STO November 10, 134 calls @.95 with stock at 130.45, These are against my 2009 80 calls. I think my short 134 calls for November 3, will expire at zero today.
$ALK #ShortPuts #FallingKnife – Sold 1 ALK Apr 20 2018 55.0 Put @ 2.15
$CHRW #ShortPuts – Bought to close CHRW Jan 19 2018 55.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 7/20/17 at 1.35 and 1.55.
The rest of the #OptionLadder on this stock, the 57.5 and 60.0 Puts for January, also have a current bid at 0.05. Just waiting for the fills on the buy back orders.
$DUST #CoveredCalls #Rollout – Rolled 2 positions while taking nice gains on this week’s Calls.
Bought to close DUST Nov 3 2017 28.0 Calls/Sold DUST Nov 10 2017 28.0 Calls @ 0.50 Credit.
Bought to close DUST Nov 3 2017 28.5 Calls/Sold DUST Nov 10 2017 28.5 Calls @ 0.40 Credit.
Taking this off prior to #Earnings after this big run…
Bought to Close NVDA NOV 10 2017 180.0 Put @ .75 (sold for 2.30)
#SyntheticStock #LongCallDiagonals – Setting up next week. Had to do this as a roll since it’s in an #IRA . Thought I would get filled at .01/.51 but got .04/.54 instead.
Bought to Close MGM NOV 3 2017 31.0 Calls @ .04
Sold MGM NOV 10 2017 31.5 Calls @ .54
#Earnings BTC $MELI Nov 17th 200/210/280/290 iron condors for 1.12. Sold for 2.35, so just over 50% of max profit and out 2 weeks early.
$STMP #ShortPuts #Speculation – Sold STMP Nov 3 2017 170 Puts @ 1.08 with the stock at 177.77.
These expire in just a few hours
edit: added @ 1.20 and 1.40
#Earnings – Original trade was NOV 3 2017 190.0/250.0 Strangle @ 5.50
Bought to Close STMP NOV 3 2017 250.0 Call @ .05
Still deciding on the put…she’s getting spanked for now.
$CF #ShortPuts – Bought to close 1 CF Jan 19 2018 20.0 Put @ 0.01. It won’t trade any lower and it doesn’t expire until next year.
Originally sold in April @ 1.19
#Earnings – Original trade was NOV 17 2017 200.0/280.0 Strangle @ 3.70
On the massive spike up this morning:
Bought to Close MELI NOV 17 2017 200.0 Put @ .10
Pulling back now so watching the 280 call side….
#SyntheticStock #LongCallDiagonals – AAPL only has 2.5 wide strikes right now so kinda limited on roll up. Best I can do is a small debit on front month roll.
Rolled AAPL NOV 3 2017 160.0 Calls to DEC 22 2017 162.5 Calls @ .95 debit
Synthetic stock working great and this debit reduces front month premium received to 2.65
#Earnings AAPL and MELI looking fine for strangles/condors… LITE and STMP not looking good for longs. Considering whether to take loss, take assignment, or roll. TSLA and CC butterflys are out of reach, too, but smaller losses so I’ll let them go.
#Earnings BTC $SHOP Nov 3rd 100 puts for .45. Strangles sold for 3.30 on Monday. Total exit price: .85
#Earnings -Not waiting on a pullback. Taking minimal loss now instead of max later.
Bought to Close Nov 3rd 162.5/167.5/172.5 iron fly @ 4.30 (sold for 4.05)
U.S. gained 261,000 non-farm payroll jobs in October, vs. +310K expected; biggest monthly gain this year; Sept revised from -33K to +18K.
Unemployment rate DOWN 0.1 to 4.1%.
U6 dropped to 7.9%, its lowest in over a decade.
Avg hourly earnings down -0.04%.
Labor Force Participation up to 62.7%, down from Sept.
Options Bistro 