#SPXcampaign I set up an…

#SPXcampaign I set up an April 13th 2575/2570 BuPS for 1.05 this morning. Filled on the pummeling into the close when SPX was at 2621.25.

Morning. We finished the Escape…

Morning. We finished the Escape room set Saturday and now its time to refocus on the market. I’ not in any hurry.

Afternoon all I’ll be out…

Afternoon all I’ll be out of the market for a couple of weeks until I get this Escape Room set installed and completed. I just can’t seem to do either well at the same time.
Assignment SPXL 46 Covered Calls.
Later
May all your days be so green.

#spxcampaign BTC the short Mar…

#spxcampaign BTC the short Mar 23rd 2870 Call for 3.00 when SPX was at 2795.54. I plan to close the long side out later.

Morning all. #spxcampaign I closed…

Morning all. #spxcampaign I closed my not so wise Mar 16th 2810/2815 BuCS trade from Friday for 1.30. Missed the high. I reduced the overall position loss down to less than a 2X initial premium on the IC. Probably could have done a lot better. I will take a deeper look at the values and determine if it would have been better to do something else. I probably will not do any more spreads on the SPX as I will be away installing the set project and cannot manage big movements very well. Have a great day.

Evening all. I’m finally getting…

Evening all. I’m finally getting to post after a crazy day. Contractors came in and demo’d the bath down to the studs with much violence and noise. I was out during the afternoon so missed an alert on my Mar 16th class credit spread.
#spxcampaign
BTO April 20th 2800/2810 for 4.05 with SPX @ 2759.39
Rolled my Short Mar 16th 2800 Call up to Mar 16th 2815 to form a BuCS with the long 2810 late in the afternoon with SPX @ 2777.80. This was an adjustment I made for the class trade. May not have been the best idea.
BTC the SPX Mar 16th 2365/2325 BuPS @ 0.10. Took this off incase the market reverses next week.
BTC SPXL Mar 16th 45 Put @ .60 off a GTC order. Originally opened at 1.25 on the 7th.
I have had a GTC order on my Mar 23rd 2870/2890 BeCS @ .10 that never got filled. It is back up to 1.10. Go figure.
Expired ERX Mar 09th 27.5 Thanks @hcgdavis
Hope everyone has or had a great weekend.

#spxcampaign I’m taking another round…

#spxcampaign I’m taking another round of Dan Sheridan’s IC class. Opened a Mar 16th Monthly (Should have picked the weeklies) 28o0/2810/2635/2625 for 1.30 credit. Targeting 0.85 credit.

SPXL Sold Mar 16th 46…

SPXL Sold Mar 16th 46 Call at 1.15 with SPXL at 45.81

SPXL Picked up some this…

SPXL Picked up some this morning at 45.32 for a pseudo PIE trade. I plant to cover if this hold up.

SPXL Bought to close my…

SPXL Bought to close my 16 Mar 43 Puts @ 0.65 with SPXL 45.50. Took them off at 50% .

ERX #PIEtrades Elected to get…

ERX #PIEtrades Elected to get in this on with that base formed between 26 / 28. Sold to open Mar 9th 27.50 Put at 0.70 with ERX at 27.69. Thanks hcgdavis for the ticker.

$SPXL #PIETrade Taking a shot…

$SPXL #PIETrade Taking a shot at this one Sold the Mar 16th 43 Put at 1.40. Filled with SPXL at 43.45 There are only monthlies on this on so maybe it doesn’t qualify as a true PIETrade.

#SPX Campaign Closed both the…

#SPX Campaign Closed both the Mar 16th 2505/2615 BuPS @ 2.50 and the Mar 23rd 2610/2630 BuPS @ 3.25. These were sitting just above my stops yesterday.

#spxcampaign Sold to open Mar…

#spxcampaign Sold to open Mar 23rd 2870/2890 BeCS for 1.20 when SPX was at 2754. This condorized the BuPS. I have an order in for the same for the Mar 16th BuPS.

SPX Trade Sold to open…

SPX Trade Sold to open March 23rd 2630/2610 BuPS @ 1.25 with SPX at 2771

Morning all

$SPX #spxcampaign Sold to open Mar 16th 2615/2595 (Monthly) for 1.00.

$VIX I set an alert…

$VIX I set an alert for the VIX below 17.75 per hcgavis discussion of contango/backwardation. Just went off.

#vixindicator

$FCX #PIEtrade Covered my long…

$FCX #PIEtrade Covered my long stock with Mar 02nd 20 Calls for 0.18.

$MU #shortputs I decided to…

$MU #shortputs I decided to close mu Feb 23rd 45 Put at .99. Just not feeling the love today. Just too early yesterday. 0.44 loss plus fees.

$ROKU Sold to open Mar…

$ROKU Sold to open Mar 2nd 41 Put @ 1.25 with stock at 42.91.

$MU #ShortPuts #PIE Trade Sold…

$MU #ShortPuts #PIE Trade Sold to open 1 Feb 23rd 45 Put for 0.50. MU has earnings on 3/22 After market close at 4:30 EST. I will take assignment here and sell calls until the 16th and either be called away or sell the stock before earnings. If not assigned sell another Put.

$SPX Morning all. #SPXcampaign Closed…

$SPX Morning all. #SPXcampaign Closed my Feb 23rd 2840/2860 BeCS for 0.05. Amazing how long that took. This was the cheap side of the IC so not much profit from the 0.40 premium taken in. Hey, buys a beer to drown my sorrows from the stopped out BuPS side.

$BAC Sold the Mar 2nd…

$BAC Sold the Mar 2nd 31 Put at 0.21. Not such a great fill.

$BAC #PIE Trade Morning all….

$BAC #PIE Trade Morning all. I worked on PIE trades over the weekend. Thanks #hcgavis This morning I opened one with BAC. 100 shares BAC, 1 Mar 02nd 32.50 Call @ a basis of 31.75. My initial entry stop is set at 30.80 or 3% close to the 50dma. Selling the ITM call would have been best here.

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.

$SVXY Morning all. Well, all…

$SVXY Morning all. Well, all of the stock has been assigned. Basis is +/- 102. Once the market gets through these gyrations and $SVXY gets up off the mat I will sell OTM weekly calls against the long position. Whittling away at the loss a few cents at a time. Rolling as needed. These are in my IRA so I have time and patience. Hope I live that long.

$SPX Closed my ill conceived…

$SPX Closed my ill conceived BuPS Feb 28th 2379/2370 for 1.80. Originally opened for 0.90 yesterday.
The last of the $SVXY was assigned.

$SVXY

Morning all. I have been assigned most of my $SVXY shares at a basis of 100 +/- with 200 more to come.
I followed Fuxxball this morning and added long a few Jan 2020 30 strikes at 3.20. A little early for the morning though but need to get onto the other job. Can’t get a fill on my Feb 16th 2910/2930 BeCS to close at .05. I can wait. I don’t think the $SPX is getting up there again any time soon. I can only wish. Looking to open a new Feb 28th spread down around 2390 at some point. All the best.

$SPX #spxcampaign Closed my BePS…

$SPX #spxcampaign Closed my BePS 1.00 Too much going on with the set build to have these types of trades for me. But “I’ll be back.” Over all loss 539 per contract for 2 contracts. Ouchie.

$SPX #spccampaign Rolled my 2730…

$SPX #spccampaign Rolled my 2730 short put down to 2705 to create a 2710/2705 BePS for 7.40 debit. This just might turn the market back up.

#optionsexpiration Assignment $SVXY Feb 02…

#optionsexpiration
Assignment $SVXY Feb 02 120 Put. I’ve been working the set gig and couldn’t trade today so missed the opportunity to roll. Selling a call next week against the assigned stock.
Have a great weekend all.

#OT For the new option…

#OT For the new option traders.
Dan Sheridan of Sheridan Mentoring offers free introductory classes covering many of the trade types that are used by members. These classes are the first session of a 4 to 6 week series of live instructions. Fees are a 300-500 depending on the length. He primarily focuses on index trades, SPX and RUT using calendars, spreads, butterflies, short term 1-3 days to long term 45 day trades. He uses these free intro classes to troll for business. These classes are standalone so no membership is required. He latest class is:

Join Dan tomorrow at 1:00pm CT for a Free Webinar. (Actually today I’m late getting this out but classes are recorded)

Topic: Trading Double Calendars for Income in 2018.

Click here to register now:
https://yd162.infusionsoft.com/app/form/sign-up-for-free-event77

I have taken some of his classes and gained a lot from them. I have no stake in this I just know how I new to this world struggle understanding all the Fizzies and Rockets, and hedges that many other members here place. Getting a working understanding using live trades with Dan has helped me put a lot of things into perspective and gain confidence in my trading the SPX.

$SPX #spxcampaign Condorized my Put…

$SPX #spxcampaign Condorized my Put spread for Feb 16 expiry by selling the 2910/2930 call side for 0.65. I was a bit quick on the trigger.

$SQ #shortputs Sold Feb 16th…

$SQ #shortputs Sold Feb 16th 44 Put @ 1.00 when SQ was at 46.11. Earnings Feb 27th.

$SPX #spxcampaign Bought to close…

$SPX #spxcampaign Bought to close the Feb 9th 2730/2710 BuPS @ 0.30. Filled at the bell. Originally sold Feb 23rd for 0.80.

$SVXY #Shortputs Sold Feb 23rd…

$SVXY #Shortputs Sold Feb 23rd 90 Put @ 1.15 with SVXY at 127.57

$SPX #spxcampaign BTC Feb 02nd…

$SPX #spxcampaign BTC Feb 02nd 2750/2730 BuPS at 0.25. This was a late opening position on 1/23 for 0.65. Sort of coming out of hibernation.

$SVXY Rolled my Jan 26th…

$SVXY Rolled my Jan 26th 120 Puts out and down to Feb 16th 95 Puts for .75 credit. Originally sold for 2.45 on 1/16

Sold these this morning before…

Sold these this morning before I had to be away for the day. Saw the apparent carnage on my ticker feed. Must have been an exciting day.
$SVXY Sold Feb 16th 95 Put @ 1.00 when SVXY was at 130.53 Thanks Iceman
$SVXY Sold Feb 23rd 100 Puts @ 1.71 when SVXY was at 132.16

$SPX SPXCanpaign Opened two additional…

$SPX SPXCanpaign Opened two additional spreads today. Filled while I was away.
Sold to open SPX Feb 02 2750/2730 for 0.65 credit when SPX was at 2837.05.
Sold to open SPX Feb 09 2730/2710 for 0.80 credit when SPX was at 2836.93

$SPX SPXCampaign Sold Feb 16th…

$SPX SPXCampaign Sold Feb 16th 2730/2710 BuPS @ 1.10. Used weekly by accident instead of the monthly.

$SVXY #shortputs Sold Feb 2…

$SVXY #shortputs Sold Feb 2 120 Put @ 1.26. Stepping lightly.

Option Expiration

Only one since I took December off. Lazy sod.
SVXY 120 Puts
Have a great weekend all.

$SVXY Sold Feb 16th 100…

$SVXY Sold Feb 16th 100 Puts @ 2.05. with SVXY @ 131.90. Should have ask for more

#OT Henry at SMM posted…

#OT Henry at SMM posted a tweet from T. Boone Pickens “At 89, anything with the word “crypt” in it is a real turnoff for me.” Very nice.

$SVXY #ShortPuts Sold to open…

$SVXY #ShortPuts Sold to open Feb 9th 110 Put @ 3.00

$SVXY

Morning all.  I haven’t been doing much as I’m committed to a set gig I took on for an Escape Room start up.  Probably another 2 months to complete the build and get it installed.  I closed my SVXY Jan 19th 130 Puts @ 1.31 when SVXY was at 135.13.  Originally sold for 2.00 Jan 8th.

$SVXY Also sold Jan 19th…

$SVXY Also sold Jan 19th 130 Puts @ 2.00 when SVXY was at 137.15. Some times I think I should just sell puts on SVXY and forget equities entirely.

$ROKU

Well  I closed out my Jan 19th short 45 Put this morning with the sell off after the down grades last week.  A 2.40 loss.  I didn’t roll it as it looked to have more down side to go.  I went off to work my set gig just before it started the day’s recovery.  Now it is back up and I feel foolish for closing it out.  I’m considering the Jan 26th 45 Puts for 2.25.  Is this a revenge trade?  Probably.  Maybe I should walk away.  I estimate earnings are early Feb.

$SVXY

Morning  Before I get drug off the the other gig I sold some Jan 19th and Jan 26th 120 Puts yesterday and today.  Hope everyone is safe and warm.

Evening all or morning or…

Evening all or morning or afternoon. Packed my daughter off to FSU this morning. She is a grad student there. Really had a grand time with her and am sorry to see her go. During the morning I found a short free spot to sell a couple of $ROKU, Jan 19th 2018 45 Puts and was filled @ 1.10. Spent the rest of the day freezing my butt in the barn which shouldn’t happen in eastern NC. Who ordered up this stuff? More of that for the rest of the week too so I’m getting a slow start to 2018. Good to almost be back.

Afternoon all

I hope everyone had a wonderful and relaxing December and more to come with the long weekend.  I needed that break and spent a lot of time with my daughter, walking, birding, and all manner of eat, drink, and naps.
I look forward to the new year, learning from all the members here and continuing to improve my trading skills
The last of my options for Dec 29th Expiry
Expired
SVXY 75, 80, 90, 100 Puts

SPX Insurance 2000 Put

Have a great and wonderful New Year.  Stay warm!

$SVXY Afternoon all. Popping in…

$SVXY Afternoon all. Popping in here to show I am still alive. BTC all of my Dec 15 short 75, 85, 90, and 100 puts for various numbers of pennies. I will try to sell some Puts for December 29th probably tomorrow if not Thursday targeting 100 or 90 strikes.

#ShortPuts Sold Dec 15th 90…

#ShortPuts Sold Dec 15th 90 Puts @ 0.80 when SVXY was at 112.44

Afternoon all. Crazy day. I…

Afternoon all. Crazy day. I was able to fire off a few SVXY Puts before I had to charge out the door.
Sold to open
Dec 29th 80 Puts @ 1.60, 1.65 and 1.80 with SVXY between 103.40 an 102.54
And
Dec 29th 75 Puts @ 1.55
Missed a fill on 70 Puts.

Nothing for OpEx for me this week.
Have a great weekend all. Monday will be interesting.

$SQ Closed my Dec 15th…

$SQ Closed my Dec 15th 38 Puts at a small loss, in at .70 out at .90. Maybe later after the “Vote”. Maybe never.

ROKU Sold to open Dec…

ROKU Sold to open Dec 29th 40 Puts @ 1.70 with the stock @ 50.00. The fill surprised me since I put the order in with the stock at a buck or so lower. Anywho I am planning to close up shop mid month when my daughter rolls into town on the 16th. Pushing thing out to the 29th OpEx so I can mostly walk away with alerts set.

#ShortPuts SVXY Sold to open…

#ShortPuts SVXY Sold to open Dec 15th 100 Puts @ 1.40 with SVXY @ 114.16. Meant to save the order in ToS but hit the send button and was filled immediately. No chance to correct. Rats.

#VXX Game #ShortPuts Trying to…

#VXX Game #ShortPuts Trying to induce a pull back. Sold to open Dec 15th 100 Puts @ 1.50 when SVXY was at 114.42.

Morning all I Rolled my…

Morning all I Rolled my Dec 15th 30 Puts up to Dec 15th 40 for a 1.95 credit when ROKU was at 43.83. The 30’s were trading at .20, originally sold for 1.25 on 11/16.

#spccampaign $SPX Closed my Nov…

#spccampaign $SPX
Closed my Nov 24th 2525/2505 BuPS @ 0.20 off a GTC order. Winding down for Thanksgiving and the joys of traveling.
$ROKU Bought to close half of my ROKU Dec 17th 30 Puts @ 1.10. Originally sold for 1.25 on a whim. Decided to reduce the exposure.
And with that I am done here. Have a great Holiday one and all. Safe travels and peaceful time with family and friends.

#optionexpiration SVXY 85 Puts SVXY…

#optionsexpiration
SVXY 85 Puts
SVXY 80 Puts
SVXY 70 Puts
Have great weekend all.

ROKU Sold Dec 15th 30…

ROKU Sold Dec 15th 30 Puts for 1.25 when ROKU was at 41.11. A little (a lot) early on this. Should have waited but really liked the premium. Will a 27% pull back end up biting me? Theta will tell.

Afternoon all

SPX #SPCcampaign Closed my Nov 22th 2500/2485 BuPS @ .20 off a GTC order when SPX hit 2584.71. Quite a reversal from yesterdays dip.

Closed Nov 17th 2500/2475 BuPS…

Closed Nov 17th 2500/2475 BuPS for 0.20 off a GTC order. Yay!

$SVXY STO Dec 29th 75…

$SVXY STO Dec 29th 75 Put @ 2.55 with SVXY at 101.82.

Afternoon all. Just popped in…

Afternoon all. Just popped in from running the dog around the yard and saw Iceman’s postings. Joined the sell.
$SVXY STO Dec 15th 75 Puts @ 1.80 with SVXY @ 101.57 Now if I can just catch that Dec 29 price.

Expiration

$SVXY Nov 10th 80 Put

Afternoon all

Playing a bit of catch up here
Yesterday
#SPXcampaign Sold to open Nov 24th 2525/2505 BuPS @ 0.90. Currently at Mark 1.10 so I was a day early.
Closed SVXY Nov 10th 75 Puts for 0.05 to essentially roll out to Dec. Dec short Puts were not filled.
Today
Sold Dec 15th 85 Puts for 2.55.

#SPXcampaign #OptionsExpiration Afternoon all. Popping…

#SPXcampaign #OptionsExpiration
Afternoon all. Popping in here at the close. Sold to close Nov 10th 2500/2475 BuPS for 0.15 off a GTC order with SPX at 2581.90. Originally sold for 1.30 on 10/27.
Expiring SVXY Nov 03rd 85 Puts
Have a great weekend. Back on Monday

#SPXCampaign Sold to open a…

#SPXCampaign Sold to open a Bull Put spread, Nov 22nd 2500/2480 for 1.00 when SPX was at 2580.33. Immediate fill at the mark. Hate that because it makes me feel like I missed something. Should have added a nickel. I’ll be out before holiday travels.

SVXY #Shortputs Afternoon all. Love…

SVXY #Shortputs Afternoon all. Love the pumpkin graph and the spooky theme. Anywho. Sold to open Nov 24th 80 Puts with SVXY at 106.05 just before the midmorn swoon. Impeccable time. Not. Went and hid in the barn for the rest of the day.

#spxcampaign Sold to open Nov…

#spxcampaign Sold to open Nov 17th 2500/2475 BuPS for 1.25 with SPX @ 2581.29 Late on getting this one in. Maybe should have waited until Monday.
I have nothing for expiration. Catch you Monday Have a great weekend.

SPCX #spxcampaign Sold to open…

SPCX #spxcampaign Sold to open Nov 10th 2500/2475 BuPS for 1.30. with SPX at 2568.88

SVXY #Shortputs Bought to close…

SVXY #Shortputs Bought to close Oct 27th 75 Put @ .04. Filled after the close.