EXPIRATION / NUGT CALL

#optionsexpiration
$ROKU 144 call
$NUGT 35 call
$T 38.5 put
$SPX 3210/3235 BUPS Thank you @jeff

#coveredcalls
$NUGT STO 1/17 33 call at .75

VIX to SPX Coorelation

I just noticed the coorelation has popped above the zero line for the first time since the beginning of the month-long market pullback last May.

NFLX

Bought to close 1 NFLX 01/10/2020 332.50 Call @ 0.01. Sold this on a rollup last Friday @ 2.87.
I was prepared to roll it again.

I’m letting my 335.00 short call expire

Closing FDX

From the #FallingKnife trade I put on 12/18, buying to close $FDX 4/17 120 puts @ .65. Sold for 1.75. Taking off for over 60% of the profit, more than 3 months early.

TSLA

Bought to close TSLA 01/10/2020 492.50 Calls @ 0.01. Sold these yesterday @ 5.05

NFLX

Bought to close 1 NFLX 01/10/2020 340.00 Call @ 0.01. Sold this @ 4.05 as part of a Diagonal spread just yesterday.

VIX

#Hedges – @Kelly has inspired me to venture back into the belly of the beast. This is similar to my recent “beer money” trade. Going out to March and selling put spreads to finance call spreads and doing it all for a credit. I’ll be looking to book it on any decent spikes. Might sell a few extra UVXY calls while I’m holding this…

Sold VIX MAR 20 2020 15.0/13.0 Bull Put Spreads
Bought VIX MAR 20 2020 17.0/22.0 Bull Call Spread

Entire package for a net credit of .06

Max gain of 5.06 but would probably book it at much less than that. Max loss of 1.94 if VIX is below 13.06 at expiration.

vix