Sold Aug 5th 100 Put @ 2.28. Stepping cautiously with a single contract.
One question: In the category selection which is the best descriptor(s) to use for this. Thanks
Sold Aug 5th 100 Put @ 2.28. Stepping cautiously with a single contract.
One question: In the category selection which is the best descriptor(s) to use for this. Thanks
Sold Sept 70 Call @ 1.75. This covers the last of the long stock in this account.
Sold Sept 70 Call @ 1.75. This covers the last of the long stock in this account.
Rolled my July 22 55 Call out and up to Aug 57 Call for 0.50 credit.
Sold Aug 12th 50 Put @ 1.45.
$SVXY Sold To Open July 29th 60 Call @ 0.75. Covered by stock. I will take assignment.
In my attempt to induce a pull back for better overall entries Sold to open July 29th 45 Put @ 1.80.
Bought to close July 15th 65 Calls @ .05 and July 15th 70 Calls @ .02. No commission charge. I will look to resell these calls once the market improves.
Filled on a July 15th 30 Put, sold to open @ .90 after market.
Expired
$SVXY June 24th 71 Call
$SVXY June 24th 65 Call
Assigned
$SVXY June 24th 50 Put Muffed this one from the get go.
Have a great weekend all. #OptionsExpiration
I missed rolling my June 24th 50 Put this morning. Looks like I will be assigned the stock so I sold the July 17th 50 Call @ 2.75.
Sold July 15th 35 Put @ 0.75.
Sold July 15th 70 Calls against long stock @ 0.80. Have a great Brexit all.
Sold to open July 28 Calls @ 0.45 against my long stock. Will take assignment.
STO July 65 Calls @ 1.55 against long stock. Replacing some of the calls that expired Friday. Rest to be covered after Brexit unless there is a breakout on the polls or rumor or talking head predictions.
Expiring
SVXY 62 Call
SVXY 65 Call
CSAL 25 Put
MAIN 29.73 Put
XME 24 Call
Assigned
SVXY 51 Call
XOP 35 Call
Have a great weekend all.
Rolled June 17th 51 Call out and up to July 15th 60 Call for 1.10 credit
Sold July 08th 40 Put @ 1.35 with $SVXY @ 51.99 I will take assignment here.
Rolled my June 17th 50 Put out to July 15th 45 Put for 1.60 credit. A break even on the July short Put position is around 2.40.
Sold 1 June 24th 50 Put @ 1.05 when $SVXY was at 60.21. Wary of this market. Time for lunch and back to sitting on my hands. Helps the diet too. Ha!
Sold June 24th 71 Call @ 1.20. Covering the last of my long stock in my smaller account. I will take assignment. I just keep waiting and hoping for that pull back that never seems to want to happen. Just waiting….
Bought to close July 03 62 Calls @ 0.50. Originally sold @ 1.05. I will cover up later just going to wait until the dust settles.
Bought to close my June 50 Put @ 1.05 I sold yesterday. Lost commission charges. This was a dumb dumb trade. Bugged me all yesterday evening. So I decided to just close it this morning and move on. Maybe it will work. Maybe not. Just not with me this time.
Sold June 17th 50 Put @ 1.05. Will roll or close as needed as needed.
Sold June 17th 25 Put @ 0.60. I also have a GTC @ order to add some more of this to my Hogs. Ex Div is some time after 6/17 so I will take assignment.
Bought to close my May 27th 60 Calls today @ 1.20. Originally sold for 1.10. I suspect I will be able to sell higher strike calls later for a better return than taking assignment here. In hindsight I should have closed the position Monday @ 0.15. But the 3 day rule of thumb pullback in the market just hasn’t happened. Woulda, coulda, shoulda. Have a wonderful three day weekend all.
Sold to open June 17th 50 Put @ 1.10
Sold June 24th 65 Calls @ 1.50. Covered by long stock
Covered up my long stock with June 15 calls @ 0.55 when CNX hit 14.03.
Sold June 29.73 Put @ 0.25. I have standing GTC orders for the stock and am using this to capture the monthly dividend plus while I wait. Risk is I give up capital gains if the stock takes off or it implodes. These are long term holds for me.
Sold to open June 35 calls @ 1.05 to cover long stock.
Sold June 62 Calls @ 1.35 Covered by stock
#OptionsExpiration
Expired with 100% Profit
MAIN May 20th 30 Put
CNX May 20th 16 Call
XOP May 20th 35 Call
SVXY May 20th 58 Call
SVXY May 20th 60 Call
SVXY May 20th 45 Put
Taking assignment
CSX May 20th 27 Put
Have a great weekend all.
Sold June 3rd 62 Covered calls @ 0.90 when $SVXY was at 56.15
Sold May 27th 50 Put @ 1.30. Will roll as needed.
This morning sold May 20th 60 Calls @ 0.45 against long stock. I am exploring the best point to cover up long stock for an income trade or to take assignment and revert to cash for secured put selling. This strike is 8 points above my initial basis of 52 so being assigned is fine. A strike is rather fickle more being selected based on income capture rather than insured assignment. At some point assignment is the end game but where or how to determine that is the topic of interest to me.
Bought to close May 06th 50 Put @ 0.45. Originally sold for 1.40 on 4/22. I decided to close it out here to avoid potential of assignment tomorrow if the market doesn’t bounce.
Sold May 27th 40 Put @ 0.90. I put this on and went out to the barn expecting it to be ignored. Won’t wonders never cease.
Sold May 27th 60 Call @ 1.10. Replaced the 53 calls that expired last Friday.
Sold a May 20th 710/720 Bear Call Spread @ 0.82 when AMZN was at 659.92. Expecting lots of profit taking and upward resistance after this earnings Gap up outside the 3rd Std Dev Bollinger Band. Expecting it to move back to a more normal price distribution. All time high 696 last December. MMM of +/- 36. Alert at 690.
BTC April 29th Bull Put Spread @ 0.55. Originally sold at 0.83 on 4/13 and had planned to close it tomorrow before earnings. I had a GTC order for 0.30 but with the sell off this afternoon I decided to close it early.
Bought to close April 29th 40 Put @ 0.05 off a GTC order. No commissions except SEC. Originally sold 4/11 for 0.85
I only have the one this week which is one more than last week.
Expired $NUGT April 22nd 40 Put.
Have a great weekend all.
$SVXY Learning from Iceman. Rolled my April 22nd 54 calls out and up to May 20th 58 strike for 1.45 credit.
Morning all. Didn’t get these posted yesterday. Sold May 3rd 50 P @ 1.40 and Sold May 20th 45 P @ 1.20.
Rolled my April 15th 51 covered calls out and up to April 29th 53 for a 1.30 credit.
One report of CLSA commenting on Facebook ad spending dropping .
Sold April 29th 40 Put @ 0.85 This replaces the position coming off Friday.
$NUGT Closed April 15th 35/45 BuPS @ 0.20. Originally opened on 2/23 @ 2.10
As I mentioned yesterday, trimming off some risk. Closed my short April 15th 40 Put at 0.20. Originally sold at 1.20 0n 3/24.
$SPX
I picked up an Indy film shoot this morning that will cover mid to the end of April. So I decided to close out the $SPX spreads to take the risk off. I may close other positions as warranted later.
Closed the April 15th 2100/2120 BeCS @ 1.50, a 0.40 loss.
Closed the April 22nd 2120/2140 BeCS @ 0.90, a 0.05 gain
Sold April 29th 85/105 Bear Call Spread @ 1.30 when $NUGT was trading @ 59.94
Sold April 22nd 40 P @ 1.05. I will roll on touch if need be.
Sold April 22nd 54 Call @ 1.40. C0vered by long stock .
Bought to close Apr 90/100 BeCS @ 0.15 on the open. Had a GTC order on it.
FYI #Fidelity I just received an email about my password had been blocked which was odd as I hadn’t been in the account in a week. I call their security and no event had taken place. They suspect this is a phishing event. The logo in the email is identical to theirs so if you see this don’t click on any link. Call them for verification.
All thanks for the comments. I sat on my hands and let the initial angst fade away. I shall trade my plan but I lowered my roll alert down to 2080 per Jeff’s comment. Bobbie, what method do you use to calculate an expected move as I have seen a few different approaches. Ramie, I agree 2100 is resistance, at least in the short term and the three day rule may bring us some relief. Thanks again.
Morning. Baring my soul. I have the SPX April 15th 2100/2120 BeCS. Sold at 1.20 a day late. Obviously underwater. I probably should have closed it yesterday at the 50% loss mark. I set an alert at 2090 to prod me into a roll which is my plan. I am wondering if closing it or rolling if for 2X as much now is the prudent thing to do? My experience with negative spreads is I get very anxious and make emotional decisions. My big bane which I am working on this year. I know window dressing will continue for another day and there may be dumping come Friday. I know Yellen has sparked a rally but is it enough to push the SPX to 2100 in 2 weeks. Comments welcomed.
Sold to open April 22nd 2120/2140 call spread @ 1.05. Filled at closing bell.
$SVXY Sold April 15th 51 Covered call @ 0.85. I’m slowly whittling down my long stock position in my regular accounts through assignment and basis reduction. The K1 that arrived Saturday was a surprise to say the least. First time I had held $SVXY over the year end. H&R Tax software can’t handle the K1 because the ETF is a Publicly Traded Partnership. Too many special rules.
$SPX Sold to open April 15th 2100/2120 BeCS @1.20. Filled just before the close.
$SVXY I was out this morning so I put a closing order on before I left on my June 43 and 40 Puts. I had rolled these back in February as part of capital preservation when I thought I would be away through mid March.
Bought to close June 40 Put @ 4.00, originally sold for 9.28
Bought to close June 43 Put @ 5.10, originally sold for 12.25.
After all the number crunching I ended up with 0.93 credit and capital preserved.
Sold to open April 40 Put @ 1.20 as part of the order set.
As NUGT looked to be holding the low from this morning I set up an April 15th 45/35 BuPS with what I considered an unlikely fill.. I sent the trade in and took the dog out for a walk so . Oops! I was filled at 3:16 for 2.10. And then the market rolled over. Need to wait for the last 30 minutes of the day for direction before putting these in.
$NUGT Closed my April 8th 45/50 BuPS @ 1.80 when my stop was hit.
Sold April 08th 45/50 BuPS @ 0.80. Filled at the close. Following along in my humble way. Thanks all.
Taking a smallish position here.
$NUGT Sold to open April 15th 90/100 BeCS for 0.90.
Sold April 15th 51 Covered Call @ 1.10
Morning all. I’m back from that cross country jaunt moving my daughter to her next research station. I had a few options I left on and these expired last Friday as well as being assigned on CALM. Now its time to wrap my head around the market again.
HTS 20 Put
MAIN 29.73 Put
IVR 11 Put
CALM 50 Covered Call Assigned.
#optionsExpiration
$SPX Closed my Mar 4th 1980/2005 BeCS when the $SPX was at 1917. I won’t be around to manage any roll outs and decided to not try and be a hero by waiting for the pull back.
$SPX Jeff, followed you in this trade. I agree there is a lot of overhead resistance. Sold to open Mar 4th 1980/2005 BeCS @ 1.25 when $SPX traded at 1856.40. If this gets in trouble then the rest of portfolio will be happy.
$UVXY Sold Mar 4th 95/105 bear call spread in my IRA @ 0.80 when UVXY was at 59.24 @11:05 AM. I’m staying short term because I will be traveling early March and small to control risk. Mostly cash in the trading account.
$SPX Closed my Feb 12th 2030/2050 BeCS @ 0.05 on a GTC order.
$STZ closed my Feb 135/140 BuPS @ 1.01. Opened yesterday @ .50. Didn’t work. $STZ is breaking below the 50dma.
$STZ Sold a Feb 140/135 BuPS @ 0.50 as @Forexpro described. I was supposed to be away until mid March on a gig but the contracts just imploded. Trying to get my head back around the market and this looked like a good place to start.
$SPX Closed SPX Feb 12th 1625/1585 BuPS @ 0.10 Opened @ 1.25.
$CALM STO Feb 52.5 call against long stock. Small position. Will take assignment or repeat/roll to March. Earnings after March OpEx.