Happy Thanksgiving to all…
Daily Archives: Wednesday, November 22, 2017
Happy Thanksgiving fellows
Happy Thanksgiving fellows
Happy Thanksgiving To All
#Healthy and Happy Thanksgiving
So wonderful to be part of a group of intelligent helpful people. Thank you all for sharing, and I share with you my warmest Thanksgiving thoughts.
We are family.
Have a restful refreshing time off.
UVXY VXX synthetic short
#SyntheticShortStock – I know when something is rallying hard I like to roll the synthetic up for nice credit and to lock in some gain. What about doing the same thing on a short position. Thinking maybe rolling UVXY short down a little. Just now looking at the numbers so all a wild guess at this point…
EWZ
#SyntheticStock #IRA – Rolling front month up and out a little…picking up another 1.10 of upside.
Rolled EWZ NOV 24 2017 40.0 Calls to DEC 8 2017 41.0 Calls @ .10 credit.
$PXD #ShortPuts – Bought to…
$PXD #ShortPuts – Bought to close PXD Jan 19 2018 95.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 06/20 at 1.15 and again on 08/03 at 1.25 as #FallingKnife trades.
AMZN covered call roll
Rolled $AMZN Dec 15 1150 call up and out to Jan 5 (weekly) 1165 call for 2.99 credit. Continuing to roll for credits but now if I get called away the gain gets pushed into next year.
SPX puts sold
#SPXcampaign Tried to catch the lows but ended up chasing back up.
Sold $SPX Nov 27th 2590/2565 put spreads for 2.00. Expires Monday.
Sold Dec 22nd 2510/2485 for 1.45.
Also, yesterday, closed Nov 29th 2565/2590 call spreads for 21.75. Sold for 13.50 on Nov 15th. Waiting for bigger swings to sell this roll.
SQ Short Strangle / Short Puts / Closed Early
#shortstraddle
$SQ STO 11/24 46 for 2.00 Call is covered.
#shortputs
$NFLX STO 12/08 190/195 BUPS @ 1.60
$FB STO 1/19 165/175 BUPS @ 2.00
$PYPL STO 12/15 70/75 BUPS @ .70
Closed Early
$GILD BTC 12/15 57.5/62.5 BUPS @ 15% profit
$SVXY #shortputs sold Dec 08…
$SVXY #shortputs
sold Dec 08 $110 put for $2.90 on pullback to 113.47.
Rolling SVXY
Another roll on the helium ETF.
$SVXY Jan 19 112.50 calls out to Mar 16 123 calls for 1.11 credit.
FYI for those trading today…
FYI for those trading today looks like the CBOE released the next weekly cycle a day early but volume is really low on them right now.
STO SWKS 37 DTE 104 puts at 1.55. Starting new #optionladder
Have a great Thanksgiving! I am done for the week unless good volatility on Friday.
Earnings & Stock positions this week
#Earnings #LongStock #Rolling #CoveredCalls
$RH #ShortStrangles Dumped my final Dec 1st short 95 call for 8.50, and 80 puts for .10. Then the stock annoyingly dropped, after I’d closed the whole batch for high prices. I gotta ways to go to make up for it. I’m keeping new sales at the Dec 1st expiration, before earnings:
Sold 100 put for 3.50, adding to position
Sold 95 put for 2.65, adding to position
Sold 105 call for 2.95
$FB BTC Dec 1st 187.5 call for .12. Sold for 1.25 on 11/3. I’ll sell a new one on next rally.
$LITE Sold a fourth of my stock for 58.20. Cost basis 60.50. Looks to be recovering so will wait on the rest, with stops in place.
$STMP Assigned another 100 shares last night, disrupting my Dec 1st 200/180 put spread. Will sell the long put today. This leaves me with one remaining put spread and 200 shares.
$HCA This stock was sold for 75.29.by my broker on Friday afternoon due to margin concerns (futzing with SPX spreads). Not thrilled about this, but it has been an annoying one. An 80 covered call also expired Friday, so I’m now flat. Cost basis was 84.00 so that was a crappy loss.
$NUGT #CoveredCalls – Bought back…
$NUGT #CoveredCalls – Bought back my NUGT Nov 24 31.0 Calls at 0.09 and sold my long stock at 30.23 to exit this position.
I’ve written several weeks worth of covered calls against this stock since it was put to me at 30.
Going back to 100% cash in this account
$DKS #ShortPuts – Bought to…
$DKS #ShortPuts – Bought to close 1 DKS Dec 15 2017 24.0 Put @ 0.05. It won’t trade any lower.
Originally sold on 08/18/2017 at 1.30 as a #FallingKnife trade.
Good morning
This should be a short day.
Options Bistro 