SPX puts sold

#SPXcampaign An aggressive bullish trade… purely speculative, that rally will continue or kick in higher gear after the election.

Sold $SPX Nov 30th 2700/2675 put spreads for 7.00.


Dbl Cal 74 $0.58


#LongPuts #LEAPS #ShortCalls – Giving it some incentive to stay up as long as possible. These premiums are awesome…

Sold UVXY DEC 7 2018 70.0 Call @ 4.10


#LongPuts #LEAPS – I’ll take a shot with a half size starter. Longer term bearish mainly due to contango and global warming 🙂 . Going out to 2020 since option prices aren’t that much more to get an extra nine months. I’ll sell aggressively in the beginning and then hopefully be able to get out of the way later on. Planning on selling about every 30 days so still only need 23 cents in each sale.

Bought to Open UNG JAN 17 2020 28.0 Puts @ 3.55

Sold UNG NOV 30 2018 27.5 Puts @ .71


I forgot to post. I STO the 50 calls @ .98 cents to replace the 54 calls that expired on Friday.


I bought to close the January 40 puts @ 1.25 which is where I sold them. I am trying to close all my positions at my cost if I can. I feel that with the FED raising rates, the market is vulnerable and the damage done to the market means to me that we are no longer in a bull market. I will keep my position in the TQQQ and write short dated  covered calls against my 2021 60 calls.

Closing ANET

Taking 50+% profits wherever available right now.
Bought to close $ANET Jan 18 185 puts @ 1.45. Sold for 3.00 on 10/8.