Option Expiration

Only one since I took December off. Lazy sod.
SVXY 120 Puts
Have a great weekend all.

Last Minute Fill Earnings NFLX BUPS

#earnings
$NFLX STO 1/26 212.50/217.50 BUPS @ 2.11

Have a nice weekend

Watch that ten year t-bond

Options Expiration for Jan monthly

A much larger than usual expiration, mostly because I let these gains run into the new tax year and by then, most of them were so far out of the money they weren’t worth closing. Of course the insane bull market was a big help as well. In any event, looking for the return of volatility so I replace a lot of these positions. My theta numbers have gotten way too low. All of the following expired.

$AAPL Jan 19 140 puts
$AGN Jan 19 160 puts
$AKAM Jan 19 40 puts
$AKAM Jan 19 37.50 puts
$ALXN Jan 19 85 puts
$ALXN Jan 19 60 puts
$APA Jan 19 35 puts
$BA Jan 19 270 puts
$CAH Jan 19 60 puts
$CAT Jan 19 140 puts
$CAT Jan 19 60 puts
$CELG Jan 19 85 puts
$CHRW Jan 19 60 puts
$CHRW Jan 19 55 puts
$CMG Jan 19 275 puts
$COST Jan 19 183 puts
$CSX Jan 19 50 puts
$CVS Jan 19 65 puts
$DUST Jan 19 80 calls
$DUST Jan 19 90 calls
$DUST2 Jan 19 30 calls*
$EFX Jan 19 50 puts
$ESRX Jan 19 47.50 puts
$ESV Jan 19 5 puts
$FLR Jan 19 40 puts
$FOSL Jan 19 8 puts
$GILD Jan 19 47.50 puts
$GWW Jan 19 210 puts
$GWW Jan 19 130 puts
$HES Jan 19 42.50 puts
$HP Jan 19 40 puts
$IBB Jan 19 66.67 puts
$ILMN Jan 19 115 puts
$ISRG Jan 19 410 puts
$LRCX Jan 19 165 puts
$M Jan 19 20 puts
$MOS Jan 19 19 puts
$MYL Jan 19 30 puts
$MYL Jan 19 27 puts
$NUGT Jan 19 58 calls
$NUGT Jan 19 66 calls
$NUGT1 Jan 19 17 calls*
$NUGT1 Jan 19 18 calls*
$NUGT1 Jan 19 19 calls*
$NUGT1 Jan 19 20 calls*
$NUGT1 Jan 19 25 calls*
$NUGT1 Jan 19 30 calls*
$NVDA Jan 19 120 puts
$PG Jan 19 80 puts
$QQQ Jan 19 148 puts
$QQQ Jan 19 147 puts
$SBUX Jan 19 50 puts
$SIG Jan 19 40 puts
$SJM Jan 19 105 puts
$SJG Jan 19 100 puts
$SQ Jan 19 35 puts
$SVXY Jan 19 65 puts
$TAP Jan 19 75 puts
$TAP Jan 19 70 puts
$TRIP Jan 19 30 puts
$TSCO Jan 19 50 puts
$UHS Jan 19 90 puts
$UVXY Jan 19 60 calls
$UVXY1 Jan 19 55 calls*
$UVXY1 Jan 19 60 calls*
$UVXY3 Jan 19 60 calls*
$WDC Jan 19 70 puts
$WDC Jan 19 60 puts
$XOM Jan 19 67.50 puts

*pre-split strikes

No assignments.

Have a great weekend everyone. If anyone is going to the SMM/OMM dinner in NY with Iceman on Monday, have a great time and please have a drink for me. Or at least some mu shu.

#OptionsExpiration

Options Expiration

#optionsexpiration

$GS 345/255 BUCS
$SPX 2575/2600 BUPS Thank you @jeffcp66
$AA 59 call
$BAX 65 put
$SVXY 30 put Thank you @jsd501
$SVXY 37.5 put Thank you @jsd501
$SVXY 42.5 put Thank you @fuzzballl
$77.5 put
$XOP 34 put
$T 36 put
$TAP 75 put Thank you @ice and @fuzzballl
$TAP 77.5 put Thank you @ice and @fuzzballl
$KBH 27 put
$TWTR 20 put
$WUBA 75 put
$EGBN 55 put Thank you @honkhonk81
$NTNX 35 put
$BABA 155/165 BUPS
$AAPL 155/165 BUPS
$AGN 160/170 BUPS
$GS 230/240 BUPS
$RCL 120/123 BUPS Thank you @smasty160
$NFLX 165/180 BUPS
$AMZN 1030/1080 BUPS Thank you @jsd501
$AMZN 110/1130 BUPS
$SPXW 2715/2740 BUPS Thank you @jeffcp66
$NFLX 210/215 BUPS

Got crished on a $BA 310/300 BECS Just cannot get out of some trades
$MTN and $TRN Long calls expired worthless. My account is now worth less. 😉

Thanks to everyone. Enjoy the weekend. NY metro area a little warmer this weekend. Wash the car.

OptionsExpiration

$C $72.5 puts
$SVXY $25 puts
$SVXY $45 puts
$SVXY $65 puts
$SVXY $110 puts

A pretty small expiration for a Jan Monthly for me. Was very reserved putting on new short options positions during the fall.

OPTION EXPIRATION, 1/19/18

EGBN 1/19/18 55.0 PUTS EXPIRED
EGBN 1/19/18 65.0 CALLS EXPIRED Closed @64.95 Whew!
NTNX 1/19/18 35.0 CALLS EXPIRED
KODK 1/19/18 10.0 CALLS EXPIRED Closed @9.95 Whew! Was a rush watching the MM’s pining these two stocks.
KODK 1/19/18 12.5 CALLS EXPIRED
KODK 1/19/18 15.0 CALLS EXPIRED

Have a safe and great weekend everyone.

Expirations, a big one for me

In the IRA: SVXY
25 puts, 27.5 puts, 30 puts, 40 puts

In the trading account:
CELG, 115 covered calls
CELG ,100 puts
HRL, 35 covered calls
QCOM, 60 covered calls will be assigned
LRCX 160 put
SJM 95 puts
WDAY, 90 put
SVXY, 37.5 calls, 90 calls, 92.5 calls, 95 calls, all are covered
SVXY, puts, 22.5 p, 25p,27.5p, 30p, 35p, 37.5p, 40p, 42.5p, 45p, 47.5p, 50p, 60p, 65p, 66p, 70p, 75p

 

 

Final trades and expirations

#SPXcampaign
Sold $SPX Feb 16th 2710/2685 put spreads for 1.55.

#Earnings
Closed $AA Jan 19th 53.5 puts for .45, sold in strangle for 1.00 on Wednesday.
Closed $STZ Jan 19th 220 put for 1.60, sold for 2.35 on 1/4.

#OptionsExpiration #ContangoETFs
$DUST 30 call, sold for 1.50 on Nov 30th
$AA 59 calls, sold in strangle for 1.00 on Wednesday.

#coveredcalls $SVXY BTC Jan 19…

#coveredcalls $SVXY

BTC Jan 19 $120 call for $12.65, got greedy earlier today when price touched $11. Still made 0.50 per contract. I am allowing the second tranche of 120 calls to be exercised on stock bought for $135.4. I sold this tranche for $15.20, so net slight loss on exercised portion. Overall trades were slightly profitable.

IRA also had covered call $134 covered call. I previously rolled out Jan 19 $134 out 1 week for $2 credit. Net cost per share $130.25. Next week may be challenging as we appear headed lower short-term.

Expiring today

ULTA, WDC, LNG,SPX and 1 loser DHI

SPX puts closed

#SPXcampaign Closed $SPX Jan 22nd 2780/2755 put spreads for .60. Sold for 2.10 as a roll on Wednesday.

AGN

#SyntheticStock – Actually caught the breakout on this one. Looks due for a rest so keeping weekly sales close and will book the trade if overall delta approaches zero.

Rolled AGN JAN 19 2018 180.0 Calls to AGN JAN 26 2018 182.5 Calls @ .25 credit

Short Puts CMG / Closed Early AA

#shortputs
$CMG STO 2/2 330/335 BUPS @ 1.40

Closed Early
$AA BTC 1/19 53.5 puts @ .40 STO as part of earnings strangle at .43. Call will expire. Thank you @jeffcp66

Closing STZ

This was an earnings trade from @jeffcp66.
I didn’t like the way it was acting a few minutes ago so I closed it for a small profit. I may have been too early since it’s starting to recover.
BTC STZ 1/19 220 puts @ 1.86. Sold for 2.20 on 1/4.

BIIB earnings on 1/25

BIIB earnings on 1/25

MAT

#Fuzzy #SyntheticStock – I’ll take shot since @Iceman pointed this out. Big squeeze on the daily with 50ma turning up. Decent weekly premium as well. Earnings in two weeks…

July 16/16/14 synthetic long with disaster put @ 1.60 debit and 3.60 max loss

3.60 max loss with 26 weeks remaining need to sell 14 cents per week to cover worse case scenario

So:

Sold MAT Jan 26 2018 17.5 calls @ .27

Tastyworks

This is a cool feature. Sort your watchlist by earnings date and easily see if it’s before or after the bell. Very nice!

Earnings

GWW

#IRA – Filled on another small one. Risk reduction…former #FallingKnife trade.

Bought to Close GWW APR 20 2018 160.0 Put @ .90 (sold for 3.80)

#shortputs OKTA

Sold Feb. 16 30 put for 2.00 potential #pietrade

NFLX Earnings

#Earnings -Thanks @Jeff for the reminder. Taking a page out of my “Turbocharge Your Fuzzy” post from last week. Looking at NFLX…where would I be happy setting up a #Fuzzy or a #SyntheticStock position? I would say right where Jeff was selling at the 50ma looks pretty good. If it doesn’t get there then great premium. If it does get there I can live with the entry for a new long position.

Sold NFLX JAN 26 2018 205.0 Put @ 2.69
Sold NFLX JAN 26 2018 202.5 Put @ 2.13
Sold NFLX JAN 26 2018 200.0 Put @ 1.68

EDIT…strange numbers on the fills since I did it as a single entry for 6.50 total.

Earnings trades

#Earnings
BTC $STZ Jan 19th 220 call for 1.65. Sold for 2.35 on Jan 4th. Still got another one to buy back before the close
BTC $AA Jan 19th 53.5 puts for .60. Sold as 53.5/59 strangles for 1.00 on Wednesday. Still holding more to cover before the close.

Sold $NFLX Jan 26th 200 put for 1.78. They announce Monday after the close so I’m starting my position now in case it rallies higher before the report.

Closing RRC to avoid assignment

Bought to close $RRC Jan 19 16 puts @ .15. Sold for 1.40 on 8/30.

Closing $EFX about 3 months early

Bought to close for near minimum value:
$EFX Apr 20 60 puts @ .04. Sold for 1.45 and 2.00 on 9/13.
$EFX Apr 20 55 put @ .02. Sold for 2.30 on 9/15.

XBI

#fuzzy #syntheticstock BTC Jan19 89call $0.05 STO Jan 9 $0.51… STO Jan26 90call $0.49..
Core is Jun 85/85/82 $5.78….$0.40 per week to cover max loss.

KR

#syntheticStock – Popping out of a tiny squeeze so giving it some room.

Rolled KR JAN 26 2018 29.5 Calls to KR FEB 9 2018 30.5 Calls @ .07 debit

Rolled KR Feb 2 29.5…

Rolled KR Feb 2 29.5 Calls to Feb 9 30.5 .24 debit more room upside

TLT

#PerpetualRollingStrangles – I won’t go into the details but added some protection for the bond collapse everyone is talking about.

Rolled DITM puts out and down
Still sitting on short calls near ATM
Added a June #FuzzyBear for some protection since delta was getting too long

Leaving it unhedged for now. Still enough time to sell to cover max loss…

REGN

#SyntheticStock – This one is working nicely. No crazy moves (yet). Earnings on the horizon (Feb 8 est) so still selling prior to that.

Bought to Close REGN JAN 19 2018 380.0 Call @ .20 (sold for 1.80)
Bought to Close REGN JAN 19 2018 380.0 Call @ .25 (sold for 1.80)

Sold REGN JAN 26 2018 380.0 Call @ 3.00
Sold REGN JAN 26 2018 380.0 Call @ 3.10

Strange fills. One for 2.80 credit and one for 2.85…

ISRG

#CoveredCalls – Earnings next week so rolling out but not up. I’d rather have the downside cushion. Love the premium in an earnings week. Wish they were all like this…

Rolled ISRG JAN 19 2018 420.0 Call to ISRG JAN 26 2018 420.0 Call @ 5.85 credit

GLD

#SyntheticStock -weekly getting run over again and I was very careful selling them… 🙂 Hard to predict that move (again). Trade is out to 2020 so plenty of time. Debit roll picking up 1.07 of upside.

Rolled GLD FEB 2 2018 122.0 Calls to GLD MAR 16 2018 124.0 Calls @ .93 debit (that erases all the weekly sales so far)

$SVXY Sold Feb 16th 100…

$SVXY Sold Feb 16th 100 Puts @ 2.05. with SVXY @ 131.90. Should have ask for more

ADSK

#SyntheticStock – I’ve got 2 of these going…

ADSK #1:

Rolled ADSK FEB 9 2018 108.0 Calls to ADSK MAR 2 2018 111.0 Calls @ .69 debit (picking up 2.31 of upside)

ADSK #2:

Bought to Close ADSK JAN 19 2018 115.0 Calls @ .05 (sold for .47)
Sold ADSK FEB 2 2018 116.0 Calls @ .95

UNG and Tastyworks

#SyntheticShortStock – Just for fun I funded an account over at tastyworks. Taking a short position in UNG with spring right around the corner. Also, it’s a slow mover with a slight bit of contango in it and just reversed split recently. Low maintenance to get accustomed to the platform over there. So far I like it.

Haven’t found a place to copy and paste my trades to here so I’ll go the brief route:

Jan 2018 25/25/27 synthetic short with disaster call @ 2.23 debit and 4.23 max loss

4.23 max loss with 52 weeks remaining need to sell 8 cents per week to cover worse case scenario

So:

Sold UNG Jan 26 2018 puts @ .22

#shortputs TRTN Sold feb. 16…

#shortputs TRTN
Sold Feb. 16 35 put for .90, TRTN down a little over 1.00 to upper 37s

Seeing STZ

#earnings
Closed “Early”
$STZ BTC 1/19 210/220 BUPS @ 1.90 STO @ 1.75 Small loss

MU, EXAS

#Fuzzy – BTC MU Jan19’18 45 calls for 0.03, sold for 0.31.  Looking to sell for next week.

STO EXAS Jan26’18 51.5 calls for 0.80

CELG

STO February 16, 115 covered calls @ .78

Closed Early GS Earnings Trade / Rolled NTNX Put / Earnings AMZN

Non Earning Earnings Trade
$GS BTC 1/19 250/255 BUPS @ 2.20 STO @ 1.00

#rolling
$NTNX Rolled 1/19 37.50 put to 2/16 37.50 pit @ 1.10 added credit and 30 days more of risk.

#earnings
$AMZN STO 2/2 1240/1250 BUPS @ 3.00

#ntnx

Rolling #CoveredCalls Won’t have much…

Rolling #CoveredCalls
Won’t have much access to the market this afternoon so taking care of a couple of rolls this morning.
Rolled $ATVI Jan 19 $65.5 calls to Feb 2 $66 calls for even
Rolled $RCL Jan 19 $124 calls to Feb 2 $125 calls for $0.65 credit

SPX calls sold

#SPXcampaign Sold $SPX Feb 9th 2875/2900 call spreads for 1.55. Missed the fill at highs and got caught in the plunge. I sold no call spreads in this expiry last week because we were in an Upside Warning.

Good Morning

Good Morning