#ContangoETFs Thanks to @ramie77 for the head’s up that DUST is back in call-selling range.
Sold $DUST Apr 20th 35 call for 1.65
Sold $DUST Jun 15th 35 call for 2.75
Daily Archives: Wednesday, February 7, 2018
SPY
TSLA
#Earnings – Following @Jeff with the strangle. I’d like to see this stock pull back so I’m selling the put side a little more aggressively. Also going out another week…
Sold TSLA FEB 16 2018 310.0/395.0 Strangle @ 4.15
Earnings FISV
#earnings
$FISV STO 2/16 125 put at 1.09
TSLA earnings
Sold $TSLA Feb 9th 310/372.5 strangles for 3.15. Biggest UP move: 11.2%, Biggest DOWN move: -8.9%, Average move: 5.4%. My strikes are -9.9% and +8.3% OTM.
SVXY
#LongCalls – I’ve got some risk in this ticker so what’s a little bit more. If we get a decent recovery this should help considerably getting back to even sooner. With put skew right now this seems like a decent shot. Leaving it uncovered for now…
Bought to Open SVXY JAN 17 2020 40.0 Calls @ 2.60
REGN
#SyntheticStock – I may regret this but making an aggressive roll down for earnings. This should turn it around…
Rolled REGN FEB 9 2018 407.5 Calls to REGN FEB 9 2018 345.0 Calls @ 4.03 credit (6.73 total now)
Rolled REGN FEB 9 2018 400.0 Calls to REGN FEB 9 2018 345.0 Calls @ 4.35 credit (5.95 total now)
Earnings before the open tomorrow with expected move of 13.40
AAOI
#SyntheticStock – Another week done. One more sale prior to earnings the following week…
Bought to Close AAOI FEB 9 2018 35.0 Calls @ .05 (sold for .60)
Bought to Close AAOI FEB 9 2018 35.5 Calls @ .05 (sold for 1.05)
Sold AAOI FEB 16 2018 33.0 Calls @ .55
SPX calls closed
#SPXcampaign
Closed on GTC order: $SPX Feb 9th 2785/2810 call spreads for .20. Sold in a #CondorRoll for 4.25 on Monday.
UVXY calls added
#VXXGame Sold $UVXY Mar 16th 22 call for 4.40, adding.
Sold Apr 20th 26 call for 5.30
DUST calls
Sold at the highest strike (35, a level above the Dec peak):
$DUST Mar 2 35 calls @ .40
$DUST Mar 9 35 calls @ .60
$DUST Mar 23 35 calls @ 1.00
$DUST Apr 20 35 call @ 1.60
PG
BTO Diag Apr 87.50 Sto Mar 16 90. .57
Unusual Option Activity today
SPX calls closed
#SPXcampaign Closed $SPX Feb 16th 2810/2835 call spreads for .90. Sold for 10.00 on Friday.
XBI
#Fuzzy – STO XBI Feb9’18 93 calls for 0.52
CMCSA
BTC Feb 9 63 .03 Close #Hedge Sold 1-24 $ .46
Still backward but getting close,…
Still backward but getting close, maybe another week or 2.
www.vixcentral.com
Had to drop the Vxx…
Had to drop the Vxx prefix on my handle.
Taking some UVXY profits
Trimming back by closing a couple of positions I put on yesterday (with UVXY over 25) for a good profit as volatility came in.
Bought to close:
$UVXY Apr 20 45 call @ 2.90 Sold for 8.00
$UVXY Mar 23 45 call @ 2.00 Sold for 6.00
Short Puts MZOR
#shortputs
STO 2/16/65 puts @ 2.60
#vxxgame SVXY VIX ZIV Here…
#vxxgame SVXY VIX ZIV
Here is about 20 minutes on what happened and why, nothing that hasn’t been stated here in the last couple of days
https://www.tastytrade.com/tt/shows/trade-managers/episodes/svxy-xiv-and-ziv-implications-02-06-2018?utm_content=buffere772b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
DIS
#syntheticstock Still plugging away..BTC 9 feb 115 call .05 sto for 0.60..STO 16 feb 110 call for 0.65
Core is Jan 2020 100/100/95..need 0.16 per week to cover worse case.
BMY
STO DFeb 9 63 .15 #Hedge
SVXY fuzzy
STO 2020, 10 calls
BTC 2020,10 puts
STC 2020, 5 puts
BTC February 16, 20 calls, all for a debit of 4.80, bought yesterday for a debit of 3.703
I was thinking that I have more than enough exposure to this ETF so closed it out for a profit. I am only looking at Fuzzy trades from now on to eternity.
SVXY trades
#VXXGame Sold $SVXY Feb 16th 100 long put for 86.80. Sold in the 120/100 put spread for 2.15 on Jan 23rd.
Also, yesterday closed my final 2 calls:
Closed June 150 call for .05. Sold for 14.95 on 12/20.
Closed Jan 2019 205 call for .05. Sold for 8.05 on Oct 20th.
SPX Campaign / Short Puts FB NTNX / Closed Early SVXY Calls
#spxcampaign
$SPX STO 2/7 2745/2720 BECS @ 5.00
#shortputs
$FB STO 3/16 165/175 BUPS @ 1.75
Rolled
$NTNX BTC 2/16 37.50 put STO 3/16 35 put @ .30 debit
Closed Early
$SVXY BTC 3/16 140 call at .02
CBOE Fuzzy
BTO 115 calls, 2020
STO 115 puts, 2020
BTO 110 puts, 2020
STO February 16, 125 calls for a total debit of 15.60
SPX trades
#SPXcampaign Sold to close $SPX Feb 9th 2760/2740 put spreads for 15.05. Bought for 3.80 last Friday.
Bought to open SPX Feb 16th 2600/2580 put spreads for 1.80. In case we get tother text of lows.
I have several SHORT spreads on either side of current SPX level.
SPX
Feb 06 STO Feb 23 Short 2550 puts @ 48.90
Feb 07 BTC Feb 23 Short 2550 @ 10.50
Gain @ 79%
STO Feb 23 SPX 2600 Short side, against my existing Long side, at 13.40..
#shortputs #margin SVXY TDA is…
#shortputs #margin SVXY
TDA is requiring a a full $1200 margin for my Feb. 9, slightly out of the money 12 put. For a comparison, I have a deep in the money Feb. 16 40 put on TRTN (was looking good just a few days ago), trading at 32 and continuing down, margin is $1458
#pietrades AAPL, rolled this week…
AAPL, rolled this week 165 CC to next week for 1 credit. Market makers still be greedy on the spreads. cost basis now 161.
GM rolled this week 42.5 put t next week for 0.25 credit. Cost basis now 40 and pennies, I forgot a calculation last week and too lazy to do it now.
SVXY is going to become a #pietrade as soon as I am assigned some shares. Weeklies trying to get 1 per week but far enough OTM that will not have to cover and will wait until we are back in contango. See discussion below.
Good luck everyone, I am done for the week, going skiing in Maine tomorrow morning.
Hopefully start the SVXY recovery Monday morning!!
#shortputs SVXY Sold Feb. 9,…
#shortputs SVXY
Sold Feb. 9, 12 put for .48
More on ETN’s
https://www.cnbc.com/2018/02/06/wall-street-turned-these-esoteric-etns-into-a-winning-bet-for-the-masses.html?__source=twitter%7Cmain
WYNN Going Up Pre-Market
$WYNN UP 13 points PM on Steve Wynns resignation.
Good Morning
Good Morning
Good morning
We are still in backwardation on the VIX so there will not be much of a recovery on the SVXY.
SVXY
The assignments are happening.
Assigned on February 16, 70 and 75 puts. I woud prefer to get all of them assigned so I can sell covered calls.
Options Bistro 