OLED REGN UVXY

#LongCalls #LongPuts #LEAPS #BearCallSpreads -A couple late fills…

OLED:
Bought to Close OLED DEC 28 2018 105.0 Calls @ .05 (sold for 1.10)

REGN:
Bought to Close REGN DEC 28 2018 385.0 Call @ .10 (sold for 2.20)

UVXY:
Rolled UVXY JAN 4 2019 70.0 Puts to JAN 4 2019 75.0 Puts @ 1.14 credit

Happy holidays to everyone.

See you on Wednesday.

On Christmas Eve?

#VIXIndicator Looks like two new downside warnings, on usually the quietest day of the year. Down 2% on Christmas Eve.

May your Christmas Day be free of volatility and full of cheer!

TQQQ calls covered

#LongLEAPs #SyntheticCoveredCalls
BTC $TQQQ Dec 28th 39 calls for .10. Sold for .85 on Friday.

SPX 1 -dte

#SPX1dte Sold $SPX Dec 26th 2215/2235-2470/2490 condors for 1.40. Short strikes 235 points apart.

TRADES: Listening to Merle Travis pickin’ ;>)

NRZ STO 1/18/18 14.0 PUTS @.70
NRZ STO 1/18/18 15.0 PUTS @1.49
SFIX STO 12/28/18 17.5 CALLS @.35
AMD STO 12/28/18 17.0 CALLS @.50
AMD STO 12/28/18 17.5 CALLS @.36
PCG STO 12/28/18 23.5 CALLS @.55
Speculative, but figure it’s going to be a short and slow week, so ………

RTN

#LongCalls #LEAPS – Not interested in carrying this one to 2021 unless I have to. Selling spreads well OTM shooting for even and then so long RTN! Need .23 per week to get to even…

Bought to Close RTN DEC 28 2018 177.5 Calls @ .02 (sold for .58 as BeCS)
Sold RTN JAN 11 2019 162.5/172.5 Bear Call Spreads @ .69

UNG

#LongPuts #LEAPS -Rolling weeklies down and out. 3×2 ratio against the long puts so working ok…

Rolled UNG JAN 4 2019 31.0 Puts to JAN 18 2019 30.0 Puts @ .01 credit

OLED

#ShortCalls – A couple nearer term positions are nicely profitable with stops set so adding a new one. Outside the expected move and prior to earnings…

Sold OLED JAN 18 2019 100.0 Calls @ 1.50

LABU NVDA STX TNA TQQQ

#CoveredCalls – Assigned some shares so getting the covered calls working right away. Selling slightly below basis so won’t hesitate to roll on a rally. Sales on individual stocks are (hopefully) prior to next earnings.

LABU:
Sold LABU FEB 15 2019 35.0 Call @ 1.68

NVDA:
Sold NVDA FEB 01 2019 145.0 Call @ 4.50

STX: Nice divvy down here…
Sold STX JAN 18 2019 40.0 Calls @ .68

TNA:
Sold TNA FEB 15 2019 45.0 Call @ 1.75

TQQQ:
Bought to Close TQQQ JAN 04 2019 45.0 Call @ .05 (sold for 1.60)
Sold TQQQ FEB 15 2019 40.0 Call @ 1.60

Merry Christmas Eve!

Did not think I would trade today but the continued market puke fest took all the time value out of a few of my positions.

MU rolled the 18 DTE 40/40 #fuzzy out to 39 DTE for 0.33 credit. Cb now 14.8. I suspect there is a lot of tax loss selling in the this and WDC and hope they will rebound in the new year.

I have some EXPE trades in the cue but the market makers are being greedy.

Also, even though my equity curve is now down, in my core account I have generated 17% cash returns over the last 12 weeks. As @kathycon I believe said below, equity is lower but cash is higher. Good to have some cash to use but this time I am waiting until I see a shift.

Maybe, just maybe that was the bottom this morning. The VIX spiked to 33.38 and hopefully that will mark the low. I was personally thinking we needed a vix spike 30-50 before a bottom. Of course it could go much higher but the last major dips were done when there was real panic.

Merry Christmas

BOIL UVXY TQQQ

#LongCalls #LongPuts #LEAPS #BearCallSpreads – A few fills at the open…

BOIL:
Bought to Close BOIL MAR 15 2019 50.0/60.0 Bear Call Spreads @ 1.25 (sold for 3.00, 3.25, 4.27)

UVXY:
Bought to Close UVXY DEC 28 2018 65.0 Puts @ .07 (sold for 2.75)
Sold UVXY JAN 4 2019 70.0/60.0 Bull Put Spreads @ 1.00
Rolled UVXY JAN 4 2019 62.5 Puts to JAN 4 2019 70.0 Puts @ .82 credit

TQQQ:
Bought to Close TQQQ JAN 4 2019 47.0 Calls @ .05 (sold for .63 as BeCS)
Sold TQQQ JAN 18 2019 39.0/45.0 Bear Call Spreads @ .70

SPX 1-dte closed

#SPX1dte Closed $SPX Dec 24th 2270/2290-2490/2510 condors for .20. Sold for 1.40 on Friday. Selling one for Wednesday expiration before the close.