$UVXY #ShortPuts – Bought to close 2 UVXY Nov 17 2017 14.0 Puts @ 0.01.
We all know that the VIX could collapse at any time.
Sold these on 11/03/2017 at 0.60.
Author Archives: Option Iceman
$DUST #ShortPuts #Rollout – Bought…
$DUST #ShortPuts #Rollout – Bought to close Jan 19 2018 32.0 Puts/ Sold DUST Mar 16 2018 30.0 Puts @ 0.25 Credit.
Originally sold the Jan 32.0 Puts @ 14.67 on a #Rolldown in April and covered them today at 6.46.
I didn’t “need” to make this trade today, but I wanted to get the strike price down on an up day in the stock. (at least it was up this morning) 🙂
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Dec 29 2017 70.0 Puts @ 2.05 with the stock at 101.98
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – in an account already short some ITM Calls I’m bringing in cash with no additional margin requirement.
Sold SVXY Dec 15 2017 75.0 Puts @ 1.84.
Sold SVXY Dec 22 2017 75.0 Puts @ 2.24.
$SVXY #ShortCalls – Bought to…
$SVXY #ShortCalls – Bought to Close 2 SVXY JAN 19 2018 137.5 Calls @ 0.48.
The original position was a sale of 1 SVXY Jan 275.0 Call @ 3.60 before the 2 – 1 split.
Taking gains when I can get them in SVXY Calls.
$DUST #ShortPuts #Rolldown – I’ve…
$DUST #ShortPuts #Rolldown – I’ve been sitting on these short puts for months, with big gains in them because they were rolled into when the stock was a lot lower. Taking the opportunity of the move toward 28 in the stock to roll them down and out again.
Bought to close Nov 17 2017 29.0 Puts/ Sold DUST Dec 15 2017 27.0 Puts @ 0.10 Credit.
Originally sold the DUST Nov 17 2017 29.0 Puts on another rolldown @ 7.80 and covered them today at 1.83.
#FANG Futures
#FANG Futures – what could possibly go wrong 🙂
$TRIP #ShortPuts #FallingKnife – Sold…
$TRIP #ShortPuts #FallingKnife – Sold 1 TRIP Jan 19 2018 28.0 Put @ 1.40
$HP #ShortPuts – Bought to…
$HP #ShortPuts – Bought to close HP Dec 15 2017 40.0 Puts @ 0.05. These won’t trade any lower and have over a month until expiration.
Originally sold in August at 1.15, 1.25, 1.30 and 1.55 as a #FallingKnife trade.
Still short the Dec 42.5, Jan 40 and Mar 37.5 Puts in an #OptionLadder.
$PRGO #ShortPuts – Bought to…
$PRGO #ShortPuts – Bought to close PRGO Nov 17 2017 55.0 Puts @ 0.05.
Originally sold on 08/04/2017 at 1.30.
I had already bought back the Jan 50 Puts at a nickel several weeks ago.
And the chicken background is really distracting 😦
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST Nov 10 2017 25.0 Puts @ 0.30. These also expire Friday
$NUGT #CoveredCalls – Sold NUGT…
$NUGT #CoveredCalls – Sold NUGT Nov 10 2017 30.5 Calls @ 0.34. These expire Friday.
$ALK #ShortPuts #FallingKnife – Sold…
$ALK #ShortPuts #FallingKnife – Sold 1 ALK APR 20 2018 50.0 Put @ 1.25
$PXD #ShortPuts – Bought to…
$PXD #ShortPuts – Bought to close PXD Jan 19 2018 90.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 08/07/2017 at 1.25.
$UVXY #CoveredCalls – Sold some…
$UVXY #CoveredCalls – Sold some small positions for this Friday
Sold UVXY Nov 10 2017 18.0 Calls @ 0.25
Sold UVXY Nov 10 2017 18.5 Calls @ 0.19
$FLR #ShortPuts – Bought to…
$FLR #ShortPuts – Bought to close FLR Jan 19 2018 37.5 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 08/07/2017 at 2.15.
$NFX #ShortPuts – Bought to…
$NFX #ShortPuts – Bought to close NFX Dec 15 2017 25.0 Puts @ 0.05. They won’t trade any lower and still have over a month until expiration.
Sold at 1.20 and again at 1.50 in June as a #FallingKnife trade.
Still Short Dec 26.0 Puts and Jan 28.0 Puts as part of an #OptionLadder.
$HES #ShortPuts – Bought to…
$HES #ShortPuts – Bought to close 1 HES Nov 17 2017 37.5 Puts @ 0.01
Originally sold at 1.40 and again at 1.51
Still short the Jan 30.0 Put and the May 32.5 Puts
$DPS #ShortPuts – Bought to…
$APC #ShortPuts – Bought to close 1 APC Nov 17 2017 37.5 Put @ 0.01 and 1 APC Nov 17 2017 45.0 Put @ 0.01.
They won’t trade any lower.
Sold the 45.0 Put @ 1.68 and the 37.5 Put @ 1.25 as #FallingKnife trades.
$AKAM #ShortPuts – Bought to…
$AKAM #ShortPuts – Bought to close AKAM Nov 17 2017 42.5 Puts @ 0.01. They won’t trade any lower.
Sold at 1.18 and 1.31 and later at 1.61 and 1.68 in May as a #FallingKnife trade.
Still Short Jan 40 and 37.5 Puts as part of an #OptionLadder.
$DPS #ShortPuts – Bought to…
$DPS #ShortPuts – Bought to close 1 DPS Nov 17 2017 80.0 Put @ 0.05. It won’t trade any lower.
Sold at 1.25 on 05/03/2017
$CVS #ShortPuts #FallingKnife – Sold…
$CVS #ShortPuts #FallingKnife – Sold 1 CVS NOV 24 2017 65.0 Put @ 1.17. Post earnings trade with a short time frame
$CAH $ShortPuts #OptionLadder #FallingKnife -…
$CAH #ShortPuts #OptionLadder #FallingKnife – added a couple of rungs this morning.
Sold 1 CAH MAR 16 2018 52.5 Put @ 1.65
Sold 1 CAH JUN 15 2018 50.0 Put @ 1.70
$TSLA #ShortCalls – Bought to…
$TSLA #ShortCalls – Bought to close TSLA Nov 17 2017 500.0 Calls @ 0.01.
Started selling these in May @2.66 and added on in June @ 5.32.
$APC #ShortPuts – Bought to…
$APC #ShortPuts – Bought to close APC Nov 17 2017 40.0 Puts @ 0.01.
Originally sold on 06/07/2017 at 1.16 as a #FallingKnife trade (and I was way early).
$STMP – looks like my…
$STMP – looks like my STMP puts expired just in time. WOW!
#OptionsExpiration #Weeklys #Nov3 – an…
#OptionsExpiration #Weeklys #Nov3 – an interesting #Earnings driven week. $CMG $STMP and $TSLA trades yielded big gains in a short time.
Reaped the rewards of putting on $SVXY and $UVXY positions during last week’s minor volatility spike.
No assignments this week.
— Expirations —
CMG (Weekly) Nov 3 2017 257.5 Puts
CMG (Weekly) Nov 3 2017 260 Puts
DUST (Weekly) Nov 3 2017 25.5 Puts
MYL (Weekly) Nov 3 2017 34.5 Puts
NUGT (Weekly) Nov 3 2017 30.5 Calls (Covered)
STMP (Weekly) Nov 3 2017 140 Puts
STMP (Weekly) Nov 3 2017 170 Puts
SVXY (Weekly) Nov 3 2017 68 Puts
SVXY (Weekly) Nov 3 2017 69 Puts
SVXY (Weekly) Nov 3 2017 70 Puts
SVXY (Weekly) Nov 3 2017 71 Puts
SVXY (Weekly) Nov 3 2017 72 Puts
SVXY (Weekly) Nov 3 2017 73 Puts
SVXY (Weekly) Nov 3 2017 74 Puts
SVXY (Weekly) Nov 3 2017 75 Puts
SVXY (Weekly) Nov 3 2017 79 Puts
TSLA (Weekly) Nov 3 2017 270 Puts
UAA (Weekly) Nov 3 2017 20 Calls (Covered)
UAA (Weekly) Nov 3 2017 20.5 Calls (Covered)
UVXY (Weekly) Nov 3 2017 19 Calls (Covered)
UVXY (Weekly) Nov 3 2017 25.5 Calls
UVXY (Weekly) Nov 3 2017 26 Calls
UVXY (Weekly) Nov 3 2017 26.5 Calls
UVXY (Weekly) Nov 3 2017 27 Calls
UVXY (Weekly) Nov 3 2017 27.5 Calls
$UVXY #ShortPuts #Rolldown – Bought…
$UVXY #ShortPuts #Rolldown – Bought to close UVXY Nov 3 2017 15.0 Puts/Sold UVXY Nov 17 2017 14.0 Puts @ 0.55 Credit with the stock at 14.99 and less than 5 minutes to the close.
A nice gain on this week’s Puts.
$STMP #ShortPuts – Bought to…
$STMP #ShortPuts – Bought to close a portion of my STMP Nov 3 2017 170.0 Puts @ 0.05 with the stock at 172.50.
$FLR #ShortPuts – Bought to…
$FLR #ShortPuts – Bought to close FLR Jan 19 2018 35.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 8/7/17 at 1.25 as a #FallingKnife trade.
$ALK #ShortPuts #FallingKnife – Sold…
$ALK #ShortPuts #FallingKnife – Sold 1 ALK Apr 20 2018 55.0 Put @ 2.15
$CHRW #ShortPuts – Bought to…
$CHRW #ShortPuts – Bought to close CHRW Jan 19 2018 55.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 7/20/17 at 1.35 and 1.55.
The rest of the #OptionLadder on this stock, the 57.5 and 60.0 Puts for January, also have a current bid at 0.05. Just waiting for the fills on the buy back orders.
$DUST #CoveredCalls #Rollout – Rolled…
$DUST #CoveredCalls #Rollout – Rolled 2 positions while taking nice gains on this week’s Calls.
Bought to close DUST Nov 3 2017 28.0 Calls/Sold DUST Nov 10 2017 28.0 Calls @ 0.50 Credit.
Bought to close DUST Nov 3 2017 28.5 Calls/Sold DUST Nov 10 2017 28.5 Calls @ 0.40 Credit.
$STMP #ShortPuts #Speculation – Sold…
$STMP #ShortPuts #Speculation – Sold STMP Nov 3 2017 170 Puts @ 1.08 with the stock at 177.77.
These expire in just a few hours
edit: added @ 1.20 and 1.40
$CF #ShortPuts – Bought to…
$CF #ShortPuts – Bought to close 1 CF Jan 19 2018 20.0 Put @ 0.01. It won’t trade any lower and it doesn’t expire until next year.
Originally sold in April @ 1.19
$STMP #ShortPuts #Earnings – Sold…
$STMP #ShortPuts #Earnings – Sold STMP Nov 3 2017 170.0 Puts @ 0.55 with the stock at 219.10
$UVXY #ShortCalls – A couple…
$UVXY #ShortCalls – A couple of small speculative positions with the stock just over 16.
Sold UVXY NOV 10 2017 20.5 Calls @ 0.41
Sold UVXY NOV 10 2017 21.0 Calls @ 0.42
$LB #ShortPuts – Bought to…
$LB #ShortPuts – Bought to close 1 LB Nov 17 2017 35.0 Put @ 0.05. It won’t trade any lower.
Originally sold at 1.35.
Other rungs of the #OptionLadder on this stock are the LB Jan 19 2018 32.5 Put @ 1.35 and the LB Feb 16 2018 30.0 Put @ 1.25. Both are doing fine.
$UAA #ShortPuts #Speculation – Sold…
$UAA #ShortPuts #Speculation – Sold UAA Nov 24 2017 12.0 Puts @ 0.63 with the stock at 11.75.
Slightly ITM. Hoping the stock finds a bottom in the next few weeks.
$TSLA #ShortCalls – Bought to…
$TSLA #ShortCalls – Bought to close 1 TSLA Jan 19 2018 550.0 Call @ 0.01. It won’t trade any lower and it doesn’t expire until next year.
Originally sold on 6/6/17 at 4.10, so a pretty nice gain on this one.
Along the way I also sold short term puts on this stock to boost the overall return.
$OXY #ShortPuts – Bought to…
$OXY #ShortPuts – Bought to close OXY Nov 17 2017 52.5 Put @ 0.01.
Originally sold at 1.42.
It seems like all the #Oil related #FallingKnife trades are now working out.
$TSLA – initial move has…
$TSLA – initial move has it down to 305ish.
$TSLA #ShortPuts #Earnings – Sold…
$TSLA #ShortPuts #Earnings – Sold TSLA Nov 3 2017 270.0 Puts @ 0.72 with the stock at 321.90.
These Expire Friday
$NFX #ShortPuts – Bought to…
$NFX #ShortPuts – Bought to close 1 NFX Dec 15 2017 23.0 Put @ 0.05. It won’t trade any lower and has almost 2 months to run until expiration.
Originally sold at 1.20 on 08/03/17 as a #FallingKnife trade.
$UAA #ShortPuts #Speculation – Sold…
$UAA #ShortPuts #Speculation – Sold UAA Nov 24 2017 12.0 Puts @ 0.53 with the stock at 12.06.
$BBBY #CoveredCalls – Sold BBBY…
$BBBY #CoveredCalls – Sold BBBY May 18 2018 25.0 Calls @ 0.77
$RRC #CoveredCalls – Sold 1…
$RRC #CoveredCalls – Sold 1 RRC JUN 15 2018 23.0 Call @ 1.20
$M #CoveredCalls – Sold M…
$M #CoveredCalls – Sold M MAY 18 2018 26.0 Calls @ 0.63
$RIG #ShortPuts – Bought to…
$RIG #ShortPuts – Bought to close RIG Nov 17 2017 8.0 Puts @ 0.01.
Originally sold in May at 0.40 and 0.50 as #FallingKnife trades
$UAA #ShortPuts #Speculation – Sold…
$UAA #ShortPuts #Speculation – Sold UAA Nov 24 2017 12.0 Puts @ 0.37 with the stock at 12.53.
$UAA #ShortPuts #Speculation – Sold…
$UAA #ShortPuts #Speculation – Sold UAA Nov 10 2017 13.0 Puts @ 0.24 with the stock at 13.70.
Edit: Added @ 0.31
$AGN #ShortPuts #FallingKnife – Sold…
$AGN #ShortPuts #FallingKnife – Sold 1 AGN May 18 2018 120.0 Put @ 1.50 with the stock at 177.92
$CMG #ShortPuts #Speculation – Sold…
$CMG #ShortPuts #Speculation – Sold 1 CMG Nov 3 2017 257.5 Put @ 1.50 with the stock at 265.50
$EFX #ShortPuts – Bought to…
$EFX #ShortPuts – Bought to close EFX Jan 19 2018 50.0 Puts @ 0.05.
They won’t trade any lower and don’t expire until next year.
Originally sold about 6 weeks ago at 1.20 & 1.25 as a #FallingKnife trade
$CMG #ShortPuts #Speculation – Sold…
$CMG #ShortPuts #Speculation – Sold 1 CMG NOV 3 2017 260.0 Put @ 1.45 with the stock at 270.0.
Expires Friday although I would like to cover it before then at a nickel.
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close my last UVXY Dec 15 2017 65.0 Call @ 0.33.
Sold this one at the top of the last REAL volatility spike on 08/10/17 at 13.60
And to think I was selling December strike 91 calls just last week @ 0.75.
$NUGT #CoveredCalls – Sold NUGT…
$NUGT #CoveredCalls – Sold NUGT NOV 3 2017 30.5 Calls @ 0.51.
At the same time Sold DUST NOV 3 2017 25.5 Puts @ 0.35
$WBA #ShortPuts #FallingKnife – Sold…
$WBA #ShortPuts #FallingKnife – Sold 1 WBA Dec 15 2017 62.5 Put @ 1.94
$CVS #ShortPuts #FallingKnife – Sold…
$CVS #ShortPuts #FallingKnife – Sold 1 CVS Nov 10 2017 67.5 Put @ 1.80.
Short turnaround time if the stock stabilizes
#OptionsExpiration #Weeklys #Oct27 – a…
#OptionsExpiration #Weeklys #Oct27 – a busier week than expected because of the mid-week spike in Volatility.
Most positions were rolled or expired except for a couple of #Gold related assignments.
— Expirations —
NSC (Weekly) Oct 27 2017 125 Puts – earnings play
NUGT (Weekly) Oct 27 2017 25 Puts
SVXY (Weekly) Oct 27 2017 90 Puts
UVXY (Weekly) Oct 27 2017 20.0 Calls (Covered)
UVXY (Weekly) Oct 27 2017 20.5 Calls
UVXY (Weekly) Oct 27 2017 21.0 Calls
UVXY (Weekly) Oct 27 2017 21.5 Calls
UVXY (Weekly) Oct 27 2017 22.0 Calls
UVXY (Weekly) Oct 27 2017 22.5 Calls
–Assignments —
DUST (Weekly) Oct 27 2017 26.5 Calls (Covered) – out of this lot at a gain
NUGT (Weekly) Oct 27 2017 30 Puts – Adding some long stock and will sell covered calls
$UVXY #CoveredCalls #Rollup – all…
$UVXY #CoveredCalls #Rollup – all the premium is gone from this weeks calls –
Bought to close UVXY Oct 27 2017 18.0 Calls/Sold UVXY Nov 3 2017 19.0 Calls @ 0.34 Credit
$CELG #ShortPuts #FallingKnife – Sold…
$CELG #ShortPuts #FallingKnife – Sold 1 CELG Jun 15 2018 65.0 Put @ 1.30 with the stock at 95.90
$UVXY #ShortPuts #Rolldown – rolled…
$UVXY #ShortPuts #Rolldown – rolled a smallish put sale down a couple of points while taking a small gain on the original position.
Bought to close UVXY Oct 27 2017 16.0 Puts/Sold UVXY Nov 10 2017 14.0 Puts @ 0.06 Credit
$NOV #ShortPuts – Bought to…
$NOV #ShortPuts – Bought to close NOV Nov 17 2017 28.0 Puts @ 0.01. They won’t trade any lower.
Sold in May 2017 at 1.21 as a #FallingKnife trade.
$AKAM #ShortPuts – Bought to…
$AKAM #ShortPuts – Bought to close AKAM Nov 17 2017 40.0 Puts @ 0.01. They won’t trade any lower.
Sold in May 2017 at 1.22 as a #FallingKnife trade.
$GILD #ShortPuts #FallingKnife – Sold…
$GILD #ShortPuts #FallingKnife – Sold 1 GILD FEB 16 2018 65.0 Put @ 1.57
$NUGT #ShortPuts – adding a…
$NUGT #ShortPuts – adding a few speculative positions with the stock at 28.52.
Sold NUGT Nov 17 2017 25.5 Puts @ 0.61
Sold NUGT Dec 1 2017 24.0 Puts @ 0.64
$DUST #CoveredCalls – using more…
$DUST #CoveredCalls – using more strength in DUST to roll my covered calls up for a credit.
Bought to close DUST Oct 27 2017 27.5 Calls/Sold DUST Nov 3 2017 28.5 Calls @ 0.20 Credit.
I made a bit on this weeks’s calls and bumped my exit price by 1.20.
$NUGT #ShortCalls – Bought to…
$NUGT #ShortCalls – Bought to close 1 NUGT Nov 17 2017 60.0 Call @ 0.01.
Originally sold on 08/31/2017 at 1.45.
$COP #ShortPuts – Bought to…
$COP #ShortPuts – Bought to close 1 COP NOV 17 2017 40.0 Put @ 0.01.
Originally sold on 04/21/2017 @ 1.21
$HES #ShortPuts #FallingKnife – Sold…
$HES #ShortPuts #FallingKnife – Sold 1 HES MAY 18 2018 32.5 Put @ 1.15
$VIX /VX – the VIX…
$VIX /VX – the VIX index and the VIX futures gave it ALL back by day’s end. VIX up 0.07 and futures up only 0.10
Expect SVXY to rise tomorrow and UVXY to revisit it’s old low soon.
$WHR #ShortPuts #FallingKnife – adding…
$WHR #ShortPuts #FallingKnife – adding on
Sold 1 WHR APR 20 2018 125.0 Put @ 2.05
Sold 1 WHR JUN 15 2018 125.0 Put @ 2.84
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 03 2017 79.0 Puts @ 1.17
$SVXY #CoveredCall – Sold 1…
$SVXY #CoveredCalls – Sold 1 SVXY Nov 10 2017 111.0 Call @ 1.09.
It seemed like a good idea after all the SVXY Puts and UVXY Calls I sold today.
Options Bistro 