#VIXIndicator So after the failure of the Upside, we entered a Downside at today’s close. This signal usually means the market goes lower over the coming days.
Just catching up on my trades.
I closed both of these positions for around overall breakeven (they were rollouts from losing Sep short calls).
-Bought to close $NUGT 12/20 53 calls @ 1.18. Overall profit .11.
-Bought to close $NUGT 10/18 32 calls @ 1.63. Overall profit .22.
My only remaining NUGT position is short 10/18 27 calls (another one from a Sep rollout).
#SPX1dte Sold to Open $SPX Oct 7th 2780/2805-2960/2985 condors for 2.80, IV 17.29%, SPX 2889. Using expected move to down side as stop; half expected move to upside.
#BearCallSpreads – Thanks @Ramie !
Sold DRIP DEC 20 2019 130.0/140.0 Bear Call Spreads @ 1.55
#ShortPuts – Fat fingered this one earlier. Could’ve gotten about 30 cents more.
Sold SOXL NOV 15 2019 100.0 Put @ 2.80
Closed the call side for 0.10. Rolled the 102 put down to 101.5 for 11/8 for 0.09 credit. If keep dropping with convert to #fuzzy now that the 2022 LEAPs are out.
EOG #fuzzy 85/75/75 rolled the 75 puts for this week out to next week for 0.41 credit. Cost basis 23.11 now.
My /ES 2690/2700 hedges only have about 2k profit, trying to sit on my hands for now but if looks like flat rest of day will roll down to take out some cash/profits.
XBI 80/80 #fuzzy rolled next week short puts out to 10/25 for 0.43 credit. Cb now 13.54. May roll the longs out to 2022 soon because they only cost $3-4 more for another year of weekly selling.
#ShortPuts – Selling against the call spreads. Booking these and looking for a new sale on a relief rally of some sort.
Bought to Close UVXY OCT 4 2019 25.0 Puts @ .04 (sold for .52)