geewhiz112 3:47 pm on Friday, February 16, 2018
Tags: OptionsExpiration ( 794 ), ShortPuts ( 4,763 ), Stock ( 3 )

Assignments

#shortputs
$ANET STO 3/16 220/230 BUPS @ 2.35

Closed Early
$GS STO 2/16 255/270 BUCS @ 13.50 BTO at 6.00
$AAPL BTC 3/16 140/150 BUPS @ .15 STO at 1.40
$SQ STC 2/16 40/45 BUCS @ 4.25 BTO at 1.70

#optionsexpiration Full Profit
$AMZN 1345/1350 BUPS
$GS 240/250 BUPS
$AMAT 45/50 BUPS
$BIDU 210/220 BUPS
$FB 165/175 BUPS
$SPX 2640/2665 BUPS Thank you @jeffcp66
$FISV 125 put Earnings trade
$CVX 135 Short Call
$DVN 45 Short Call
$EXAS 45 put
$NKTR 75 put

#optionsexpiration Full Loss
$CMG 315/325 BUPS Yuck
$CMG 325/335 BUCS Yuckier
$CMG 340/350 BUCS Yuckiest What was I thinking (perhaps not)
$CVX 125 Long Call
$ICHR 30 Long Call
$MHK 270 Long Call
$EXAS 60 Long Call
$LRCX 202.5/212.5 BUCS
$OLED 190/195 BUCS
$WYNN 180/190 BUCS
$PETS 45/55 BUCS

#Stock Called Away
$AVGO 247.50 Call Earnings strangle residue at profit

Stock Assigned
$CRZO 22.5 put
$MZOR 65 put
$TRTN 35 put
$DVN 44 put
$NTNX 37.5 put
$GDI 35 put

Have a great three day weekend everyone. Rest up and back to battle for a short week.
Happy New Year to all our Lunar members.
@jeffcp66 Thanks for our very own Hall of the Presidents. Makes Disney look shabby.

1strangealien 1:53 pm on Friday, February 16, 2018

Is Iceman ok? He hasn’t posted in a week, maybe he’s on vacation?

Jeff 1:22 pm on Friday, February 16, 2018
Tags: Assignment ( 174 ), OptionsExpiration ( 794 ), VIXIndicator ( 294 ), VXXGame ( 769 )

Options Expiration… VIX Indicator

#OptionsExpiration #VXXGame
Only one #Assignment, my final $SVXY 90 put

#VIXIndicator — The VIX is reacting strongly to the upside at any sign of volatility. Although we spent the morning in cancelation territory, the Mueller spike sent up back above 19.00. So although we’ve been steadily rising, volatility is still hanging around.

Ramie 1:16 pm on Friday, February 16, 2018

Love the presidents

Meant to mention earlier, but I love the rotating presidents on The Bistro. Great idea. Thanks @jeffcp66.

Ramie 1:14 pm on Friday, February 16, 2018
Tags: OptionsExpiration ( 794 )

Options Expiration for Feb 16

$AAPL Feb 16 135 puts
$AGN Feb 16 150 puts
$AMZN Feb 16 1575 call (covered)
$AMZN Feb 16 1250 put
$BA Feb 16 375 calls
$CAT Feb 16 175 calls
$FCX Feb 16 18 puts
$IYR Feb 16 70 calls
$KOLD Feb 16 50 calls
$KOLD Feb 16 55 calls
$QQQ Feb 16 156 puts
$SVXY Feb 16 130 calls
$TXN Feb 16 114 calls
$UVXY Feb 16 18 calls
$UVXY Feb 16 26 calls
$UVXY Feb 16 35 calls

Inverted strangles that expired (will be assigned both sides):
$SQ Feb 16 40 calls/45 puts–total premium taken in 5.82 less 5.00 strangle width=.82 profit
$XBI Feb 16 91 calls/94 puts–total premium taken in 3.98 less 3.00 strangle width=.98 profit

Assignments

Stock being called away:
$X Feb 16 37 calls (covered)

Stock being assigned:
$SVXY Feb 16 73 put
$SVXY Feb 16 75 put
$SVXY Feb 16 80 put
Just about done with the outstanding short SVXY puts. I am now long…let me think…I believe the official term is “a f***ton”. I haven’t written any calls against the position yet but hopefully can start next week, targeting the ones with the lowest basis.

Have a great long weekend everyone.

#OptionsExpiration

jdietz1954 1:10 pm on Friday, February 16, 2018

Afternoon all. I’ve been tied…

Afternoon all. I’ve been tied up on this part time gig I took on so my activity has been minimal. Great info on the SVXY trade management going forward. I am leaning at selling calls once SVXY crawls out of the pits.
$SQ Bought to close my Feb 16th 44 Put @ .03 off a day order. Debated on turning this into a PIE trade but earnings are in a week and didn’t want to get caught holding stock.
$SPX Expiring Feb 16th 2910/2930 BeCS. Originally sold for .65 as part of an IC.
Today was in the mid 70’s here in the heart of NC. Tomorrow looks to be rainy and in the mid 40’s. Just like this market. Have a great three day weekend all. See you Tuesday.

Ramie 12:49 pm on Friday, February 16, 2018

Taking some short UVXY exposure off

Reducing size where I can.
Bought to close $UVXY Feb 23 26 calls @ .26. Sold for .53-1.20 on 2/2-2/5.
Bought to close $UVXY Mar 16 70 calls .32. Sold for 1.00 on 12/1/17.

jsd501 12:38 pm on Friday, February 16, 2018

Have a nice weekend

I am signing off early so see all of you on Tuesday.

Ramie 12:31 pm on Friday, February 16, 2018

Taking some March/April positions off

Bought to close $DUST Mar 16 44 calls @ .10. Sold for 1.00-1.20 on 12/5/17-12/6/17.
Bought to close $NUGT Mar 16 60 call @ .04. Sold for 5.70 on 9/5/17.
Bought to close $KR Apr 20 18 puts @ .05. Sold for 1.15 on 9/25/17.

thomberg1201 12:27 pm on Friday, February 16, 2018
Tags: ShortStraddle ( 46 )

#shortstraddle XOP Following a TT…

#shortstraddle XOP

Following a TT trader sold April 33 straddle for 3.48

fuzzballl 12:26 pm on Friday, February 16, 2018
Tags: SyntheticStock ( 356 )

BABA BIDU CELG MU

#SyntheticStock – Rolling weeklies…

BABA: Feb 16th 182.5 to Mar 9th 187.5 @ .66 credit
BIDU: Feb 16th 242.5 to Mar 2nd 247.5 @ 1.40 credit
CELG: Feb 16th 95.0 to Feb 23rd 96.0 @ .05 credit
MU: Feb 23rd 41.5 to Mar 29th 44.0 @ .23 debit

mortlightman 12:12 pm on Friday, February 16, 2018
Tags: Fuzzy ( 414 )

XOM

BTO Mar 29 76/76/74 Long #Fuzzy 1.89
Un-Hedged at this time

mortlightman 12:08 pm on Friday, February 16, 2018

Expired

SHOP IC Thx Jeff
KSS BuPS This was rolled from last week

ncroadrunr 11:55 am on Friday, February 16, 2018

Sell BeCS as IWM approaches…

Sell BeCS as IWM approaches 20 and 50 daily ma Feb 23 $153.5/157 for $1.05 credit. I noticed ATM puts are much more expensive than calls, so sell call spread risking 2.45 to make 1.05.

ncroadrunr 11:31 am on Friday, February 16, 2018
Tags: CoveredCalls ( 2,200 )

#coveredcalls Rolled NUGT Feb 16…

#coveredcalls

Rolled NUGT Feb 16 $27 call to Mar 16 $30 call for $1.10. I entered trade about 11 am when NUGT was about $28, looking now I could have held till expiration (worthless.)

Jeff 10:58 am on Friday, February 16, 2018
Tags: ContangoETFs ( 446 )

ETFs closed

#contangoetfs
Closed on GTC orders:
$KOLD Feb 16th 50 call for .05. Sold for 2.95 on Oct 5th.
$NUGT Mar 16th 44 calls. Sold for 1.50 and 1.22 in January.

Jeff 10:37 am on Friday, February 16, 2018
Tags: SPXcampaign ( 2,265 )

SPX puts closed

#SPXcampaign When SPX got up to 2748 I closed this spread to take some profits…

Closed $SPX Feb 21st 2700/2675 put spreads for 1.75. Sold for 14.00 on Monday.

mortlightman 9:44 am on Friday, February 16, 2018
Tags: Fuzzy ( 414 )

XLV

BTO Mar 16 86/85/83 The Call a bit more ITM 3.25 P/P/C #Fuzzy Un Hedged at this time

jsd501 9:40 am on Friday, February 16, 2018

WDAY

BTC March 16, 80 put @.10, sold @ 1.45

I am slowly clearing up a lot of my small put shorts.

fuzzballl 8:58 am on Friday, February 16, 2018
Tags: Earnings ( 3,108 ), ShortPuts ( 4,763 )

AAPL

#ShortPuts #Earnings – Three weeks to go and a nice rally. Consdering where these were last week I’m booking. Leftovers from an earnings trade…

Bought to Close AAPL MAR 9 2018 165.0 Put @ .89 (sold for 3.50)
Bought to Close AAPL MAR 9 2018 167.5 Put @ 1.27 (sold for 4.10)

hcgdavis 8:58 am on Friday, February 16, 2018
Tags: pietrades ( 240 )

#pietrades for next week. Will…

#pietrades for next week.

Will be assigned on AAPL today at 165, cost basis 161. Will re-load next week or when we have a little pull back (everything extended again).

Opened ERX CC at 28 strike, cost basis 27.5 on 5 contracts $260 income.

Closed XBI 85 put at 0.06, sold for 1.15.

Staying pretty close to goal of $900 a week income on 50k account.

Next week expirations wil be GILD at 72 CC, GM put at 42.5, and ERX. Will probably add another early next week. Trying to build up to 5 names, 3 contracts each.

SVXY hit 13, only 77 more points to go after calculating my avg. cost around 90! 🙂

fuzzballl 8:49 am on Friday, February 16, 2018
Tags: SyntheticStock ( 356 )

PYPL

#SyntheticStock – Carefully easing the weekly up. I can’t see this thing getting back to it’s all time highs so keeping some downside protection but picking up 1.46 of upside

Rolled PYPL FEB 16 2018 75.5 Calls to MAR 9 2018 77.0 Calls @ .04 debit

1strangealien 8:34 am on Friday, February 16, 2018

Anybody remember the good old days when a major moving average, say the 50 day sma, used to serve as resistance when the price moved up to it?

mortlightman 8:34 am on Friday, February 16, 2018
Tags: Fuzzy ( 414 ), Hedges ( 8 )

MU

STC Feb 16 #Fuzzy 43/43/41 Long $1.10
1-28-18 cost 1.29 less 2 #Hedges net cost 61.25 Profit 46.25
Missed taking it off a few days ago.

fuzzballl 8:30 am on Friday, February 16, 2018
Tags: pietrade ( 143 ), SyntheticStock ( 356 )

SLB

#SyntheticStock – Been looking to get a new one over in the oil patch. Synthetics are pretty diversified so far and this will help even more. I also looked at EOG and HES. Any of them would probably work. Should act as a hedge for my transport (LUV). It’s sitting down in congestion right now but looks to have some upside room.

Jan 2019 67.5/67.5/65 @ 5.35

Max loss: 7.85

48 weeks so need 17 cents average to cover.

#pietrade

Jeff 8:14 am on Friday, February 16, 2018

VIX dropping, still in backwardation

https://www.reuters.com/article/us-usa-stocks-volatility/u-s-stock-volatility-shock-wanes-vix-futures-signal-smoother-sailing-idUSKCN1FZ2I2

Jeff 8:03 am on Friday, February 16, 2018
Tags: CondorRoll ( 191 ), SPXcampaign ( 2,265 )

Stop and roll

#SPXcampaign Stopped $SPX March 15th 2815/2840 call spreads for 4.30. Sold on Monday for 1.75.

#CondorRoll Sold Feb 20th 2700/2725/2760/2785 condors for 8.05. Aggressive strikes expiring Tuesday, which is our next trading day due to the holiday Monday.