#Cryptocurrency never closes. Not sure why this thing spiked today but just can’t pass up these kinds of returns in a few weeks.
Sold 3900 XRP @ 2.12 (bought for .26)
Definitely a happy new year!
Daily Archives: Friday, December 29, 2017
Filled on final plunge
#SPXcampaign Sold $SPX Jan 2nd 2665/2640 put spreads for 1.30. Could have gotten over 2.00 if I had thought the punch down would be so sharp. Looks like it might have gone ITM in the after market. These expire on Tuesday, OTM, I hope.
Options Expiration for 12/29
2 expirations today, no assignments:
$CAT Dec 29 128 puts
$SVXY Dec 29 70 puts
I also got filled after the bell on the move down into the close:
Sold $SVXY Feb 2 75 put @ 1.20
Have a Happy New Year everyone!
#OptionExpiration Hey Gang, hope you…
#OptionExpiration
Hey Gang, hope you had a profitable week. Took the week off to spend with family. Had to make a couple of trades just before the close on some ITM #CoveredCalls.
Expired
$SVXY $65 puts
$SVXY $70 puts
$SVXY $75 puts
Allowing to be exercised
$V $112 #CoveredCalls
$DWDP $70.5 #CoveredCall, allowing another 1/3 of position to be called away
Other Trade
Rolled $DWDP $70.5 12/29 #CoveredCalls to 1/12 $71 for $.10 credit
#spxstrategy one more right before…
one more right before bell.
and them I am stepping away from screen looking for an adult beverage.
sto SPX 26 JAN 18 2560/2540 PUT @.80
will place gtc @ 50%
2 accounts/manipulation by market/oh yea/but 28 dte for it to decay.
10.5 implied vol for this expiration and expected move of spx up to then +-$ 64.00.
Dumping LITE
#Earnings #LongStock Dumped these shares for 48.85. Tax loss. Sick of watching it do nothing.
Starting fresh for the new year! See y’all then!
#cryptocurrency Update, one of my…
Update, one of my sons and I have received both antminers L3+
they run at 504 M/ hash and use 800 watts.
cost about 80 dollar in electricity per month total.
received one on dec 1 other one dec 15th.
So far have made 3 litecoins,would of had more but bounced around to different pools and one of em Nicehash was hacked and we lost about 100 dollars of bitcoin.
We are using Litecoinpool and mining Litecoin.
They average output is about .14 Litecoin in 24 hours,then it is auto sent to our online wallet.
Happy New Year…
Happy New year..to all of you..hope your weekend is a good one..Stay safe, Stay warm..Hope your new year is better than this last one..
@fuzzballl – Keep that plane flying safely…
#Happy new Years to All…
#Happy new Years to All
May your 2018 be blessed!
and enjoy yourself on my birthday,December 31st.
Expirations – A Little Early / Some Trades
Happy New Year Everyone!!!
With these graphics it will be a terrific 2018
Peace Health and Happiness to all the wonderful bistroites
and especially to the head bistro @jeffcp66
#optionsexpiration
$SPX 2475/2500 BUPS
$SPX 2515/2540 BUPS
$BA 270/275 BUPS
$EXAS 55.5 Put Assigned Basis 49.5
Trades Today
$SVXY Rolled 1/19/2018 122.50 call to 2/16/2018 130 call for .20 extra
$EXAS BTO 2/26/2018 60 call @ 1.85
Signing off early, and have a nice weekend and a great new year.
Expirations:
SVXY 60 puts
SVXY 65 puts
SVXY 70 puts
#spxstrategy sto spx 31 JAN…
sto spx 31 JAN 18 2540/2520 PUT @.75 in 2 accounts.
plan to let these expire.
I purchase for our business…
I purchase for our business steel and aluminum. Like copper, aluminum has seen a price spike going from 1.90 per lb as of 12/4 to 1.985 today. Something to think about.
Laura
Happy New Year to my…
Happy New Year to my trading friends at Options Bistro!
Off to PSP for 10 days taking a “double” on the temp from here in PDX.
Special thanks to Jeff for all his leadership and guidance.
Thanks everyone for all your thoughtful comments and sharing!
Be safe, see you next year.
EWZ
Rolled EWZ Dec29’17 40 calls to EWZ Jan12’18 40.5 calls for 0.06 credit. The stock just wouldn’t come back down today, although now that I rolled it probably will lol.
SVXY
#IRA #ShortPuts – Just in case things get crazy first part of next year I’m booking some winners and getting ready to re-load. This is a small IRA that I use for SVXY only so overall these are nice gains on a smaller account.
Bought to Close SVXY JAN 19 2018 75.0 Put @ .62 (sold for 2.80)
Bought to Close SVXY FEB 16 2018 60.0 Put @ .98 (sold for 2.88)
Bought to Close SVXY MAR 16 2018 60.0 Put @ 1.68 (sold for 3.40)
SPX trades
#SPXcampaign These are the second two standard weekly trades:
Sold $SPX Jan 26th 2735/2760 call spreads for 1.90.
Sold $SPX Jan 26th 2605/2580 put spreads for 1.50.
Also, closed on GTC order:
Jan 12th 2740/2765 call spreads for .20. Sold for 1.45 last week.
HIMX
#SyntheticStock – Rolling up and out…
Rolled HIMX DEC 29 2017 10.5 Calls to JAN 12 2018 11.5 Calls @ .03 credit
EWZ
#SyntheticStock – Rolling out and up…
Rolled EWZ DEC 29 2017 39.5 Calls to JAN 19 2018 40.0 Calls @ .06 credit
BIDU
#SyntheticStock – More weekly sales…
Bought to Close BIDU DEC 29 2017 237.5 Calls @ .08 (sold for 1.55)
Sold BIDU JAN 12 2018 237.5 Calls @ 2.78
AMZN
Just for fun taking a shot at JC’s suggestion. Low risk high reward…
Bought AMZN Jan monthly 1110/1100/1090 put butterflies @ .22
That’s risk 22 to make 978 but very low probability IMO…
Afternoon all
I hope everyone had a wonderful and relaxing December and more to come with the long weekend. I needed that break and spent a lot of time with my daughter, walking, birding, and all manner of eat, drink, and naps.
I look forward to the new year, learning from all the members here and continuing to improve my trading skills
The last of my options for Dec 29th Expiry
Expired
SVXY 75, 80, 90, 100 Puts
SPX Insurance 2000 Put
Have a great and wonderful New Year. Stay warm!
VRX
#Fuzzy STO VRX Jan05’18 22 calls for 0.22.
SPX trades
#SPXcampaign Looks like we may end the year with the typical down day. It has been the case on the last day of December 15 out of the last 20 years. I was able to unload some remnants at the open, although missed a fill in my long Dec 29th 2700 calls… about .50-.80 at the open but it dropped to quickly on me, so closed for only .25
Closed $SPX Dec 29th 2715 long calls for .05 (closed the short side of this spread yesterday)
Closed Dec 29th 2665 long puts for .20 (closed the short side of this spread yesterday)
Closed Dec 29th 2700 long calls for .25 (long spread bought for 2.85 last week when I though the Upside Warning was going to fire)
Also:
Sold Jan 5th 2650/2675/2695/2720 #CondorRoll for 7.30. This puts me in two tight condors for next week, as I sold the Jan 3rd 2650/2675/2790/2715 condor yesterday.
I would expect a small rally next week, but ready to roll as always.
(Almost) Can’t win with $RH
#ShortStrangles It is fitting that after weeks of being blown out to the upside that my short PUTS go ITM on the day of expiry. This started as a Sept 8th 38/64.5 #Earnings strangle. I’ve been rolling out the call side ever since, and now finally ending the trade with trouble on the put side.
Even though I’m closing the 90’s at a small loss, the 85 was profitable and 110 calls also closed for .05. This puts me barely in the green on $RH so I’m walking away. I will be back next earnings. Love the challenge.
Closed $RH Dec 29th 85 put for .10. Sold for 1.65 on 12/6.
Closed $RH Dec 29th 90 puts for 2.65. Sold for 1.25, avg price.
MNK–Rolling a loser
Rolled $MNK Jan 19 30 puts out to Feb 30 puts for .10 credit. Getting another month for the stock to recover and booking the loss in 2017.
Will History Repeat
From Schwab Market Update
Perhaps it’s premature (or even a jinx) to mention that if the S&P 500 ends December in the green, it will be the first time in history that U.S. stocks—as measured by that index—were up during every one of the 12 months. The only other year that came close was 1995, which saw a tiny drop of 0.4% in October. Incidentally, this year is most highly correlated to 1995 of all years since the S&P 500’s inception, according to Bespoke Investment Group (BIG). For what it’s worth, 1995 was followed by another strong year in 1996—up 23% for the S&P 500.
WOW HAPPY NEW YEAR
WOW HAPPY NEW YEAR
Options Bistro 