Jeff 1:00 pm on Tuesday, January 2, 2018
Tags: ContangoETFs ( 446 ), Fuzzy ( 414 )

Adding to NUGT ladder

#ContangoETFs Sold $NUGT March 44 call for 1.50. I now have a NUGT ladder that matches my $DUST ladder, all in calls.

smasty 2:24 pm on Tuesday, January 2, 2018

Happy New Year!
Nice day here in #Fuzzy land
1. Big roll in BABA, BTC Jan5 175 for 7.97, STO Jan 19 182.5 for 4.47, added to core debit obviously, but bought an awful lot of upside range for $3.50
2. MU removed hedge for now, BTC Jan 12 43.5 c for .95 (previously sold for .53)
3. JPM roll to avoid dividend assignment (ex div is 4th) BTC Jan 5 107 c for .92, sold Jan5 108 for .40, still deciding on whether to hold through earnings next week or take all the profits off and reset after earnings–that’s why I rolled to same week. Call premium is very nice for next week. A year ago JPM moved down almost 5 standard deviations on earnings. In today’s volatility that would be about $7.00.

Fuzzies that need managed this week:

CMCSA (ITM)
IWM
JPM
LMT-1
LMT-2
MCD (ITM)
MU (unhedged)
DWDP (unhedged)
QQQ (ITM)
RCL (whoops, this should have been rolled last week, just to gain delta/theta)
- smasty 2:26 pm on Tuesday, January 2, 2018
  
  Oops sorry Jeff, I did a comment on your thread instead of a new post

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