$NUGT #ShortCalls #RollUP – a couple of rolls in NUGT Calls to avoid assignment today.
Bought to Close NUGT MAR 18 2016 60.0 Calls @ 6.35 / Sold NUGT MAR 24 2016 63.0 Calls @ 6.60
Bought to Close NUGT MAR 18 2016 55.0 Calls @ 11.80 / Sold NUGT Apr 8 2016 60.0 Calls @ 12.58
Net credits on both trades and a big bump in strike price.
Author Archives: Option Iceman
$NUGT #ShortCalls – at least…
$NUGT #ShortCalls – at least one account was able to take advantage of this morning’s run –
Sold NUGT MAR 24 2016 105.0 Calls @ 0.45 – These expire NEXT Friday
Sold 1 NUGT APR 1 2016 105.0 Call @ 1.15 – This expires the following week.
$NUGT – what a thrill…
$NUGT – what a thrill ride. Thought I was going to have to roll my strike 75 calls (actually, I still might have to)
Bought to close NUGT Apr 01 2016 28.0 Puts @ 0.05.
Sold them on 3/9 for 0.40.
$UA #ShortPuts – Bought to…
$UA #ShortPuts – Bought to close UA Apr 15 2016 60.0 Puts @ 0.05. Still a month to go and they can’t drop any lower.
$NUGT #ShortCalls – Sold 1…
$NUGT #ShortCalls – Sold 1 NUGT Sep 16 2016 105.0 Call @ 16.20. I may be early on this trade.
$GMCR – just a little…
$GMCR – just a little story about what happens when a company that has options gets bought out for CASH –
Last December GMCR announced that they were being acquired. I got crushed on some short calls so I decided to try and make some of that back.
I sold some long term puts for whatever I could get for them, knowing that they would go away once the merger was completed.
I covered the Jan 2018 puts a few weeks ago at 0.02. The ones below I kept –
GMCR Jan 20 2017 70.0 Puts – Sold at an average of 1.50
GMCR Jan 20 2017 75.0 Puts – Sold at an average of 1.50
GMCR Jun 17 2016 70.0 Puts – Sold at an average of 1.00
The expiration dates have all been adjusted so they expire this Friday.
It’s nice to know that it worked the way I expected it would.
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT Apr 15 2016 30.0 Puts @ 0.95
$KOLD #ShortPuts – Sold KOLD…
$KOLD #ShortPuts – Sold KOLD Mar 18 2016 180 Puts @ 2.20. These expire Friday
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Mar 18 2016 39.5 Puts @ 0.30. These expire Friday
$SVXY #CoveredCalls – adding to…
$SVXY #CoveredCalls – adding to my Sept position and starting a new weekly position
Sold SVXY Sep 16 2016 60.0 Calls @ 2.40
Sold SVXY(Weekly) Apr 01 2016 48.0 Calls @ 0.60
$UVXY #ShortPuts – taking some…
$UVXY #ShortPuts – taking some mid-sized positions with the strike price below the alltime low on the stock
Sold UVXY(Weekly) Mar 24 2016 23.0 Puts @ 0.46 – these expire NEXT Friday
Sold UVXY Apr 15 2016 19.0 Puts @ 0.44
Sold UVXY(Weekly) Apr 22 2016 18.0 Puts @ 0.48
Sold 1 UVXY Jun 17 2016 20.0 Put @ 3.05
On a couple of these you can probably do better tomorrow
$TSLA #ShortPuts – Bought to…
$TSLA #ShortPuts – Bought to close 1 TSLA Mar 18 2016 115.0 Put @ 0.01
Originally sold @ 1.20 in February right around earnings
$SVXY #ShortPuts – switched a…
$SVXY #ShortPuts – switched a short put position from in-the-money to out-of-the-money
Bought to Close SVXY Mar 18 2016 45.0 Puts @ 2.40 (originally sold at 3.60 last August)
Sold to Open SVXY Mar 18 2016 40.0 Puts @ 0.40 (twice the number of contracts)
This position now allows for the overdue market pullback.
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT Mar 18 2016 40.0 Puts @ 0.20. Paired with existing short calls for this week that I would like to see expire
$SVXY #CoveredCalls- SVXY has rallied…
$SVXY #CoveredCalls- SVXY has rallied back to even on the day, but I’ve sold some calls at prices higher than I was able to get last week.
Sold SVXY Apr 01 2016 47.0 Calls @ 0.75
Sold SVXY Apr 15 2016 50.0 Calls @ 0.65
Sold SVXY Apr 29 2016 50.0 Calls @ 1.20
Sold SVXY Sep 16 2016 60.0 Calls @ 2.30
$SVXY #CoveredCalls – a couple…
$SVXY #CoveredCalls – a couple of late reports on SVXY as it closed at the high of the day
Sold SVXY Mar 18 2016 46.0 Calls @ 0.30
Sold SVXY(Weekly) Mar 24 2016 47.5 Calls @ 0.30
$SVXY #CoveredCalls – rolled this…
$SVXY #CoveredCalls – rolled this position again this week.
Did better that last week.
Bumped the strike price up a point PLUS got a credit of 0.65 per contract
Bought to close SVXY Mar 11 2016 42.5 Calls @ 0.42 (sold last week @ 0.87)
Sold to open SVXY Mar 18 2016 43.5 Calls @ 1.07
#OptionsExpiration #Mar11 #Weeklys – a…
#OptionsExpiration #Mar11 #Weeklys – a good week with SVXY up, UVXY down and NUGT not running away
— Expirations —
APC (Weekly) Mar 11 2016 53 Calls
CF (Weekly) Mar 11 2016 40 Calls
CHK (Weekly) Mar 11 2016 6.5 Calls
CMG (Weekly) Mar 11 2016 440 Puts (Covered)
COP (Weekly) Mar 11 2016 42.5 Calls (Covered)
JOY (Weekly) Mar 11 2016 19 Calls (Covered)
MOS (Weekly) Mar 11 2016 33 Calls
NTAP (Weekly) Mar 11 2016 28 Calls (Covered)
NUGT (Weekly) Mar 11 2016 40.5 Puts
NUGT (Weekly) Mar 11 2016 41 Puts
NUGT (Weekly) Mar 11 2016 41.5 Puts
NUGT (Weekly) Mar 11 2016 42 Puts
NUGT (Weekly) Mar 11 2016 42.5 Puts
NUGT (Weekly) Mar 11 2016 75 Calls
NUGT (Weekly) Mar 11 2016 80 Calls
NUGT (Weekly) Mar 11 2016 84 Calls
NUGT (Weekly) Mar 11 2016 89 Calls
SVXY (Weekly) Mar 11 2016 43 Calls (Covered)
SVXY (Weekly) Mar 11 2016 43.5 Calls (Covered)
SVXY (Weekly) Mar 11 2016 44 Calls (Covered)
SVXY (Weekly) Mar 11 2016 44.5 Calls (Covered)
TWTR (Weekly) Mar 11 2016 21.5 Calls (Covered)
UVXY (Weekly) Mar 11 2016 80 Calls
UVXY (Weekly) Mar 11 2016 90 Calls
VALE (Weekly) Mar 11 2016 5 Calls (Covered)
WDC (Weekly) Mar 11 2016 55 Calls
X (Weekly) Mar 11 2016 16 Calls
XOP (Weekly) Mar 11 2016 30 Calls (Covered)
— Assignments —
DUST (Weekly) Mar 11 2016 7 Puts
$SVXY #CoveredCalls – generating cash…
$SVXY #CoveredCalls – generating cash by adjusting my call positions
Bought to close SVXY Jun 17 2016 80.0 Calls @ 0.04 – Originally sold at 1.60 on 12/21
Sold to open SVXY(Weekly) Apr 29 2016 50.0 Calls @ 1.10
$SVXY #CoveredCalls – Sold SVXY(Weekly)…
$SVXY #CoveredCalls – Sold SVXY(Weekly) Apr 01 2016 47.0 Calls @ 0.70. Adding to my position.
$KOLD #ShortPuts – Sold KOLD…
$KOLD #ShortPuts – Sold KOLD Mar 18 2016 180.0 Puts @ 1.60. Just a teeny bit better premium than yesterday 🙂
edit: added more @ 1.81. Now are my short calls are paired with short puts, so done for now.
$SVXY #CoveredCalls – Bought to…
$SVXY #CoveredCalls – Bought to close SVXY Jun 17 2016 80.0 Calls @ 0.04.
Originally sold 12/21/2015 @ 1.55
$KOLD #ShortPuts – Sold KOLD…
$KOLD #ShortPuts – Sold KOLD Mar 18 2016 180.0 Puts @ 0.60. Sold them more out of frustration than anything.
If I was early, and the stock makes it to 180 in a week, all you CALL sellers can thank me later for doing my part to force it down.
$UVXY #ShortPuts – Sold UVXY…
$UVXY #ShortPuts – Sold UVXY Apr 08 2016 20.0 Puts @ 0.40.
Trying to encourage SVXY to go UP.
$NUGT #ShortCalls – Sold NUGT…
$NUGT #ShortCalls – Sold NUGT MAR 18 2016 105.0 Calls @ 0.30. These expire NEXT Friday.
$SVXY #CoveredCalls – nice to…
$SVXY #CoveredCalls – nice to finally get some decent premium. Adding to my cash position
Sold SVXY(Weekly) Mar 24 2016 47.5 Calls @ 0.25
Sold SVXY(Weekly) Apr 01 2016 47.0 Calls @ 0.60
Sold SVXY Apr 15 2016 50.0 Calls @ 0.55
Sold SVXY(Weekly) Apr 29 2016 50.0 Calls @ 1.00
Sold SVXY Sep 16 2016 60.0 Calls @ 2.00
$SVXY #CoveredCalls – the first…
$SVXY #CoveredCalls – the first of many SVXY orders that filled today. Covering a bunch of calls 100 days out so I can sell closer in, lower strike calls for more cash.
Bought to close 12 SVXY Jun 17 2016 85.0 Calls @ 0.03
Bought to close 19 SVXY Jun 17 2016 85.0 Calls @ 0.05
Bought to close 3 SVXY Jun 17 2016 95.0 Calls @ 0.02
On the 85s, originally sold 1 @ 6.70 on 10/23/2015 and the rest @ 1.25 average price on 12/22/2015
On the 95s, originally sold from 10/28 thru 11/02 at 3.50, 4.00, and 4.40
$SVXY $NUGT $XOP $CMG -…
$SVXY $NUGT $XOP $CMG – selling OTM options to generate cash
Sold CMG Mar 11 2016 440.0 Puts @ 0.25 (covered)
Sold NUGT Apr 01 2016 28.0 Puts @ 0.40
Sold NUGT Apr 08 2016 30.0 Puts @ 1.00
Sold NUGT Apr 15 2016 30.0 Puts @ 1.35
Sold NUGT Jun 17 2016 15.0 Puts @ 0.60
Sold SVXY Sep 16 2016 60.0 Calls @ 1.75 (covered)
Sold XOP Apr 01 2016 32.0 Calls @ 0.28
Sold XOP Mar 18 2016 31.0 Calls @ 0.16 (covered)
$NUGT
Used weakness in the stock to sell these this morning.
These all expire Friday.
NUGT MAR 11 2016 40.5 Puts @ 0.20
NUGT MAR 11 2016 41.0 Puts @ 0.20
NUGT MAR 11 2016 41.5 Puts @ 0.25
NUGT MAR 11 2016 42.0 Puts @ 0.25
NUGT MAR 11 2016 42.5 Puts @ 0.25
NUGT MAR 11 2016 41.0 Puts @ 0.20
NUGT MAR 11 2016 41.5 Puts @ 0.25
NUGT MAR 11 2016 42.0 Puts @ 0.25
NUGT MAR 11 2016 42.5 Puts @ 0.25
These are the lowest available strike price.
NUGT APR 1 2016 30.0 Puts @ 0.80
NUGT APR 8 2016 30.0 Puts @ 1.00
NUGT APR 15 2016 30.0 Puts @ 1.29
NUGT APR 1 2016 30.0 Puts @ 0.80
NUGT APR 8 2016 30.0 Puts @ 1.00
NUGT APR 15 2016 30.0 Puts @ 1.29
$SVXY #CoveredCalls #RollUp – Rolled…
$SVXY #CoveredCalls #RollUp – Rolled this position to next week to avoid assignment.
Added a point to my strike price plus got an extra 0.55 credit for the roll –
Bought to close SVXY Mar 04 2016 41.5 Calls @ 0.32
Sold SVXY Mar 11 2016 42.5 Calls @ 0.87
$NUGT #ShortPuts #Scalp – Sold…
$NUGT #ShortPuts #Scalp – Sold NUGT Mar 04 2016 58.0 Puts @ 0.15. These expire in an hour
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY JUN 17 2016 53.0 Calls @ 1.67
$NUGT #ShortCalls #Rolling – this…
$NUGT #ShortCalls #Rolling – this is becoming tiresome –
Bought to close NUGT Mar 04 2016 35.0 Calls / Sold NUGT Jun 17 2016 41.0 Calls for a small credit
Bought to close NUGT Mar 04 2016 42.0 Calls / Sold NUGT Apr 15 2016 46.0 Calls for a small credit
#OptionsExpiration – A pretty good…
#OptionsExpiration – A pretty good week. I was able to scalp some short calls against long term short put postions and some long stock because of the strong market mid-week.
— Expirations —
BBY (Weekly) Feb 26 2016 33.5 Calls
FB (Weekly) Feb 26 2016 111 Calls
CMG (Weekly) Feb 26 2016 475 Puts (Covered)
JOY (Weekly) Feb 26 2016 14 Calls (Covered)
NUGT (Weekly) Feb 26 2016 29.5 Puts
NUGT (Weekly) Feb 26 2016 30 Puts
NUGT (Weekly) Feb 26 2016 30.5 Puts
NUGT (Weekly) Feb 26 2016 31 Puts
NUGT (Weekly) Feb 26 2016 31.5 Puts
NUGT (Weekly) Feb 26 2016 32.5 Puts (Covered)
NUGT (Weekly) Feb 26 2016 75 Calls
NUGT (Weekly) Feb 26 2016 76 Calls
SVXY (Weekly) Feb 26 2016 40 Calls (Covered)
UVXY (Weekly) Feb 26 2016 20 Puts
UVXY (Weekly) Feb 26 2016 31 Puts
UVXY (Weekly) Feb 26 2016 31.5 Puts
UVXY (Weekly) Feb 26 2016 85 Calls
UVXY (Weekly) Feb 26 2016 95 Calls
UVXY (Weekly) Feb 26 2016 110 Calls
VALE (Weekly) Feb 26 2016 3.5 Calls (Covered)
VIAB (Weekly) Feb 26 2016 43 Calls
WDC (Weekly) Feb 26 2016 52 Calls
— Assignments —
DUST (Weekly) Feb 26 2016 8 Puts
$GMCR #ShortPuts – Once the…
$GMCR #ShortPuts – Once the takeover offer for GMCR was announced I shorted a bunch of Puts for Both Jan 2017 and Jan 2018 for whatever I could get for them. I knew that whenever the merger was about to close, the options would collapse before being delisted.
I covered some of them today to get rid of the margin requirement.
Bought to close GMCR Jan 19 2018 75.0 Puts @ 0.02 – Sold for 1.50 and again at 2.00
Bought to close GMCR Jan 19 2018 70.0 Puts @ 0.02 – Sold for 1.00 and again at 1.50
These were sold in December and technically have 693 Days to Expiration. But should be delisted way before that.
$GMCR #ShortPuts – Bought to…
$GMCR #ShortPuts – Bought to close 1 GMCR Jun 17 2016 30.0 Put @ .01.
Originally sold in November at 1.38 (before the takeover offer)
$NUGT #ShortCalls #NewStrikes – sold…
$NUGT #ShortCalls #NewStrikes – sold these on the open this morning. The weekly sales are new strikes.
Sold 1 NUGT Mar 04 2016 82.0 Call @ 1.10
Sold 1 NUGT Mar 11 2016 80.0 Call @ 2.45
Sold 1 NUGT Mar 18 2016 80.0 Call @ 3.60
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Apr 15 2016 50.0 Calls @ 0.45. Newest monthly cycle started today.
$UVXY #ShortPuts – Sold UVXY…
$UVXY #ShortPuts – Sold UVXY MAR 24 2016 23.0 Puts @ 0.27.
$SVXY #CoveredCalls #VXXGame -adding to…
$SVXY #CoveredCalls #VXXGame -adding to my positions
Sold SVXY Jun 17 2016 60.0 Calls @ 0.50
Sold SVXY Sep 16 2016 60.0 Calls @ 1.75
$UVXY #ShortPuts – Sold UVXY…
$UVXY #ShortPuts – Sold UVXY MAR 18 2016 24.0 Puts @ 0.23.
#CoveredCalls – Using Market strength…
#CoveredCalls – Using Market strength to scalp some premium in stocks that I own or have short Puts in or both –
— Weeklys —
Sold BBY FEB 26 2016 33.5 Calls @ 0.22
Sold CVX FEB 26 2016 92.0 Calls @ 0.18
Sold JOY Feb 26 2016 14.0 Calls @ 0.12
Sold FB FEB 26 2016 111.0 Calls @ 0.23
— Monthlys —
Sold COG MAR 18 2016 25.0 Calls @ 0.40
Sold HP MAR 18 2016 60.0 Calls @ .85
Sold KATE Mar 18 2016 20.0 Calls @ 0.40
$SVXY #CoveredCalls #VXXGame – Finally…
$SVXY #CoveredCalls #VXXGame – Finally some decent premiums –
Sold SVXY Mar 18 2016 45.0 Calls @ 0.35
Sold SVXY(Weekly) Mar 24 2016 45.0 Calls @ 0.45
Sold SVXY Jun 17 2016 60.0 Calls @ 0.45
Sold SVXY Sep 16 2016 60.0 Calls @ 1.60
$DUST #ShortPuts – Bought to…
$DUST #ShortPuts – Bought to close DUST Feb 19 2016 5.0 Puts @ 0.05 to avoid possible assignment tonight.
Sold these a few days ago for 0.15.
$NUGT #ShortCalls #Rollup – As…
$NUGT #ShortCalls #Rollup – As VXXKelly and Ramie have been pointing out, NUGT is bound to pull back at some point, or maybe just fall because of the normal drag on these kinds of stocks.
The trick is sticking around long enough to take advantage of the pullback. When rolling an ITM short call position there are two objectives:
1. Bring in more cash on the new position than you spend getting rid of the old position
2. Increase your likelihood of an expiration down the road by selling at a higher strike price
There is no way to predict with accuracy where this stock will go tomorrow much less a month from now, but using the chart you can get a feel for the likely trading range.
I made the following roll today and I think it has a better than even chance of being successful. The new position will not take too much monitoring on my part because it will run for two weeks, and I likely will be able to sell two sets of weekly puts against these calls, bringing in even more premium dollars.
Bought to close NUGT Feb 19 2016 40.0 Calls @ 10.92
Sold to open NUGT Mar 04 2016 42.0 Calls @ 11.55
I have bumped my profit point about 2 1/2 points higher between the higher strike price and the extra premium dollars.
Hope laying out my thinking helps others in a similar circumstance,
$NUGT #ShortCalls – Missed posting…
$NUGT #ShortCalls – Missed posting one yesterday – Sold NUGT(Weekly) Feb 26 2016 76.0 Calls @ 0.55. These expire next Friday and are the highest available strike price.
$NUGT #ShortCalls – hoping to…
$NUGT #ShortCalls – hoping to make back my NUGT losses slowly with small #OptionLadder trades –
Sold 1 NUGT Mar 04 2016 75.0 Call @ 2.05
Sold 1 NUGT Mar 11 2016 75.0 Call @ 2.80
Sold 1 NUGT Mar 24 2016 75.0 Call @ 4.30
All are weekly expirations and all are at the highest available strike price. Pretty decent premiums with the stock twenty points below the strike.
By staying small and spreading out the risk across multiple expirations, only one of these gets in trouble at a time, and this stock is volatile in BOTH directions. The stock was just over 17 a little over a month ago.
$NUGT #ShortCalls #ScalpTrade – Sold…
$NUGT #ShortCalls #ScalpTrade – Sold NUGT Feb 19 2016 60 Calls @ 0.65 with the stock at 54.
These expire tomorrow
$NUGT #ShortCalls #ScalpTrade – Sold…
$NUGT #ShortCalls #ScalpTrade – Sold NUGT Feb 19 2016 58.0 Calls @ 0.55. This strike is above last Friday’s YTD High of 56.89 and the option expires tomorrow.
$NUGT #ShortCalls – Sold NUGT…
$NUGT #ShortCalls – Sold NUGT Mar 04 2016 75.0 Calls @ 1.00. Highest available strike price.
edit: Also sold the NUGT Feb 19 2016 35.0 Puts @ 0.15. These expire Friday
$CMG #ShortPuts – Sold CMG…
$CMG #ShortPuts – Sold CMG Feb 19 2016 465.0 Puts @ 0.28. These expire Friday.
$CNX #CoveredCalls – Sold CNX…
$CNX #CoveredCalls – Sold CNX MAR 18 2016 12.0 Calls @ 0.21
$NUGT #ShortPuts -Sold NUGT Feb…
$NUGT #ShortPuts -Sold NUGT Feb 19 2016 34.0 Puts @ 0.17 on a market order. These expire tomorrow.
$NUGT #ShortPuts #Weeklys – Sold…
$NUGT #ShortPuts #Weeklys – Sold NUGT(Weekly) FEB 26 2016 30.5 Puts @ 0.75.
These expire a week from Friday
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT Feb 19 2016 33.0 Puts @ 0.30
Also got a partial fill on some NUGT Feb 19 2016 30.0 Puts @ 0.15
Both expire Friday
$NUGT #ShortCalls – rolled some…
$NUGT #ShortCalls – rolled some of this week’s short call positions out and way, way up. The pressure is off for this week.
Bought to close NUGT FEB 19 2016 40.0 Calls @ 9.64
Sold to open NUGT JUN 17 2016 80.0 Calls @ 9.36 (Highest available strike price).
Bought to close NUGT FEB 19 2016 36.0 Calls @ 12.07
Sold to open NUGT SEP 16 2016 80.0 Calls @ 12.32 (Highest available strike price)
#OptionsExpiration – a tough week…
#OptionsExpiration – a tough week with rallies in both Gold and the VIX. The big one is next week
— Expirations —
CMG (Weekly) Feb 12 2016 400 Puts (Covered)
CMG (Weekly) Feb 12 2016 402.5 Puts (Covered)
CMG (Weekly) Feb 12 2016 405 Puts (Covered)
CMG (Weekly) Feb 12 2016 407.5 Puts (Covered)
CMG (Weekly) Feb 12 2016 410 Puts (Covered)
DUST (Weekly) Feb 12 2016 8 Calls (Covered)
DUST (Weekly) Feb 12 2016 8.5 Calls (Covered)
FCX (Weekly) Feb 12 2016 6.5 Calls (Covered)
NFLX (Weekly) Feb 12 2016 102 Calls
NUGT (Weekly) Feb 12 2016 31 Puts (Covered)
NUGT (Weekly) Feb 12 2016 30.5 Puts
NUGT (Weekly) Feb 12 2016 30 Puts
NUGT (Weekly) Feb 12 2016 29 Puts
NUGT (Weekly) Feb 12 2016 28.5 Puts
TSLA (Weekly) Feb 12 2016 82 Puts
TWTR (Weekly) Feb 12 2016 20 Calls (Covered)
UVXY (Weekly) Feb 12 2016 85 Calls
UVXY (Weekly) Feb 12 2016 95 Calls
— Assignments —
DUST (Weekly) Feb 12 2016 9 Puts
DUST (Weekly) Feb 12 2016 9.5 Puts
NUGT (Weekly) Feb 12 2016 40 Calls (Covered)
NUGT #ShortCalls #RollOut – I…
NUGT #ShortCalls #RollOut – I can’t believe gold is still moving up while the market rallies and the VIX is dropping
Bought to close NUGT FEB 12 2016 35.0 Calls @ 20.40
Sold to Open NUGT SEP 16 2016 56.0 Calls @ 22.03
#Markets – remember that the…
#Markets – remember that the markets are closed on Monday. Only a 4 day trading week to bleed premium away faster
$LNKD #ShortPuts – Bought to…
$LNKD #ShortPuts – Bought to close 1 LNKD Feb 12 2016 100.0 Put @ 1.00. This went in the money this morning so I’m not going to gamble in this market environment. Still made some money on the trade.
$TSLA #ShortPuts #ScalpingTrade – Sold…
$TSLA #ShortPuts #ScalpingTrade – Sold TSLA FEB 12 2016 82.0 Puts @ 0.17. Did it in enough size to be a nice 2 day gain when these expire on Friday
$NUGT #ShortPuts #Weeklys – Sold…
$NUGT #ShortPuts #Weeklys – Sold NUGT Feb 12 2016 28.5 Puts @ 0.25. These expire Friday
$NFLX #ShortCalls #Weeklys #ScalpTrade -…
$NFLX #ShortCalls #Weeklys #ScalpTrade – Sold NFLX Feb 12 2016 100.0 Calls @ 0.15. These expire Friday
$NUGT #ShortPuts #Weeklys – Sold…
$NUGT #ShortPuts #Weeklys – Sold NUGT Feb 12 2016 29.0 Puts @ 0.30. These expire Friday
$DUST #CoveredCalls – Sold DUST…
$DUST #CoveredCalls – Sold DUST Feb 12 2016 8.5 Calls @ 0.25.
Stock was acquired at 8.0 via Put assignment last Friday.
These expire Friday
$NUGT #ShortPuts #Weeklys – sold…
$NUGT #ShortPuts #Weeklys – sold these on the opening this morning. These expire Friday
Sold NUGT Feb 12 2016 30.5 Puts @ 0.40
Sold NUGT Feb 12 2016 30.0 Puts @ 0.40
$DUST #CoveredCalls – Sold DUST…
$DUST #CoveredCalls – Sold DUST Feb 12 2016 8.0 Calls @ 0.30. Stock was acquired at 8.0 via Put assignment last Friday
$NUGT #ShortCalls – Sold 1…
$NUGT #ShortCalls – Sold 1 NUGT Jan 20 2017 75.0 Call @ $14.00. Couldn’t resist.
$NUGT #CoveredPuts – Sold NUGT(Weekly)…
$NUGT #CoveredPuts – Sold NUGT(Weekly) Feb 12 2016 31 Puts @ 0.30
$TWTR #CoveredCalls – Sold TWTR…
$TWTR #CoveredCalls – Sold TWTR FEB 12 2016 20.0 Calls @ 0.23. These expire Friday
$FCX #CoveredCalls #Weeklys – Sold…
$FCX #CoveredCalls #Weeklys – Sold FCX Feb 12 2016 6.50 Calls @ 0.13. These expire Friday.
$NUGT #GOLD – Closed near…
$NUGT #GOLD – Closed near the low of the day (but didn’t close the morning gap). Hopefully the bull run is over for a while.
$SVXY #ShortCalls #VXXGame – Bought…
$SVXY #ShortCalls #VXXGame – Bought to close 7 SVXY Jan 20 2017 140.0 Calls @ 0.05.
These options still have 347 days until expiration so no need to wait for the last nickel.
Originally sold in mid-September for 4.10 and again at 5.10. They never traded any higher.
$CMG #CoveredPuts – Sold these…
$CMG #CoveredPuts – Sold these this morning against my short stock position
Sold 1 CMG Feb 12 2016 402.5 Put @ 1.10
Sold 1 CMG Feb 12 2016 407.5 Put @ 1.35
Sold 1 CMG Feb 12 2016 410.0 Put @ 1.45
#OptionsExpiration #Weeklys #Feb05 – A…
#OptionsExpiration #Weeklys #Feb05 – A pretty good week, with a nice earnings compression trade on $CMG the most fun. A new short position in $NUGT to deal with next week.
— Expirations —
AGNC (Weekly) Feb 5 2016 18 Calls (Covered)
CMG (Weekly) Feb 5 2016 397.5 Puts
CMG (Weekly) Feb 5 2016 400 Puts
CMG (Weekly) Feb 5 2016 402.5 Puts
CMG (Weekly) Feb 5 2016 405 Puts
CMG (Weekly) Feb 5 2016 407.5 Puts
CMG (Weekly) Feb 5 2016 410 Puts
CMG (Weekly) Feb 5 2016 412.5 Puts
CMG (Weekly) Feb 5 2016 415 Puts
CMG (Weekly) Feb 5 2016 422.5 Puts (Covered)
CMG (Weekly) Feb 5 2016 425 Puts (Covered)
CMG (Weekly) Feb 5 2016 427.5 Puts (Covered)
CMG (Weekly) Feb 5 2016 575 Calls
CMG (Weekly) Feb 5 2016 580 Calls
FCX (Weekly) Feb 5 2016 6.5 Calls (Covered)
NUGT (Weekly) Feb 5 2016 30 Puts
UVXY (Weekly) Feb 5 2016 20 Puts
UVXY (Weekly) Feb 5 2016 35 Puts
UVXY (Weekly) Feb 5 2016 35.5 Puts
UVXY (Weekly) Feb 5 2016 36 Puts
UVXY (Weekly) Feb 5 2016 66 Calls
UVXY (Weekly) Feb 5 2016 85 Calls
UVXY (Weekly) Feb 5 2016 95 Calls
WYNN (Weekly) Feb 5 2016 64 Calls
WYNN (Weekly) Feb 5 2016 73.5 Calls
WYNN (Weekly) Feb 5 2016 74 Calls
— Assignments —
DUST (Weekly) Feb 5 2016 10 Puts
DUST (Weekly) Feb 5 2016 9.5 Puts
DUST (Weekly) Feb 5 2016 8 Puts
KSU (Weekly) Feb 5 2016 75 Calls (Covered) – Profitable exit and getting a lot of cash back
NUGT (Weekly) Feb 5 2016 32 Calls (Covered)
NUGT (Weekly) Feb 5 2016 32.5 Calls – Going short the stock
NUGT (Weekly) Feb 5 2016 40 Calls (Covered) – Profitable exit after a long holding period
Options Bistro 