#OptionsExpiration #Weeklys #Oct06 – A very light week and next week will be too.
Almost the last $SVXY Puts for the current year expired.
I need some more volatility.
— Expirations —
NUGT (Weekly) Oct 6 2017 28.5 Puts
SVXY (Weekly) Oct 6 2017 55 Puts
SVXY (Weekly) Oct 6 2017 65 Puts
$UVXY #ShortPuts – Forced into a roll with a drop in $UVXY in the last 5 minutes of the trading day.
Bought to Close UVXY Oct 6 2017 18.5 Puts @ 0.08 to avoid assignment – Sold these @ 0.27
Sold UVXY Oct 13 2017 17.5 Puts @ 0.30 to replace them.
$UVXY #ShortPuts #Speculation – Yesterday I sold UVXY Oct 6 2017 18.5 Puts @ 0.27.
I’m hoping they expire in a few hours.
Not my usual trade 🙂
$UVXY #ShortPuts – Bought to close UVXY Oct 6 2017 19.0 Puts @ 0.23 to avoid assignment.
Sold them on 10/02 @ 0.25, so I cleared commissions.
$CVX #ShortPuts #FallingKnife – Bought to close 1 CVX Dec 15 2017 80.0 Put @ 0.01.
It won’t trade any lower and has over 2 months until expiration.
Sold at 1.14 on 04/19/2017.
$AYI #ShortPuts #FallingKnife – Bought to close 1 AYI Nov 17 2017 125.0 Put @ 0.05.
It won’t trade any lower.
Sold at 2.60 on 04/05/2017.
$COST #ShortPuts #FallingKnife – Sold 1 COST Jan 19 2018 138 Put @ 1.30 with the stock at 156.96
$COST #ShortPuts #FallingKnife – Sold 1 COST Apr 20 2018 125 Put @ 1.23 with the stock at 157.07
$DUST #CoveredCalls #IRA – rolled out to next week’s calls on the opening this morning
Bought to close DUST OCT 6 2017 27.0 Calls/Sold DUST OCT 13 2017 27.0 Calls @ 0.25 Credit
Bought to close DUST OCT 6 2017 27.5 Calls/Sold DUST OCT 13 2017 27.5 Calls @ 0.20 Credit
$SVXY #ShortCalls – did a major #Rollup of ITM Calls to avoid assignment.
I am still long some SVXY stock but those shares are covered by next week’s calls.
Bought to close SVXY Oct 6 2017 85.0 Calls/Sold SVXY Jun 15 2018 115.0 Calls @ 0.90 Credit
Bought to close SVXY Oct 6 2017 87.0 Calls/Sold SVXY Mar 15 2018 100.0 Calls @ 4.25 Credit
Bought to close SVXY Oct 6 2017 87.0 Calls/Sold Jan 19 2018 100.0 Calls @ 0.42 Credit
#Markets – this gauge is at new highs
http://money.cnn.com/data/fear-and-greed/
$UVXY #ShortPuts – for lack of anything else to do
Sold UVXY Oct 20 2017 17.0 Puts @ 0.61 with the stock at 18.41
$VIX – Another Day, Another Record High – S&P up 8 days in a row (longest win streak in 4 years) and 6 record highs in a row (longest streak since 1997) and today was the best day in a month…
VIX traded as low as 9.13 today…
The market is NEVER going down LOL
$CF $JWN $PRGO $TSN $VFC – harvesting gains on former #FallingKnife trades at minimum prices.
Bought to close CF Nov 17 2017 20.0 Puts @ 0.01
Bought to close JWN Oct 20 2017 32.5 Puts @ 0.01
Bought to close PRGO Nov 17 2017 55.0 Puts @ 0.05
Bought to close TSN Oct 20 2017 52.5 Puts @ 0.01
Bought to close VFC Nov 17 2017 45.0 Puts @ 0.01
$UVXY #ShortCalls – Bought to close 1 more UVXY Dec 15 2017 65.0 Call @ 0.98.
Sold this one on 08/10/17 @ 9.00.
Still 3 more to go, sold at higher prices.
$UVXY #ShortCalls – Bought to close the next to last of my UVXY JAN 19 2018 65.0 Calls @ 1.74.
This one was sold on 08/10/17 @ 12.80.
A nice gain for an option trade.
$LB #CoveredCalls – Sold LB JAN 19 2018 50.0 Calls @ 1.25 early in the day.
$KHC #ShortPuts – Sold 1 KHC JAN 19 2018 72.5 Put @ 1.40. A #FallingKnife trade.
$VRX #ShortPuts – Bought to close VRX Oct 20 2017 7.5. Puts @ 0.01. It won’t trade any lower.
#FallingKnife trade.
Sold on 04/05/2017 at 1.05, and again on 04/21/2017 at 1.35.
Excellent ROI on this low cost stock.
$EFX #ShortPuts – Bought to close 1 EFX Oct 20 2017 75.0 Put @ 0.05. It won’t trade any lower.
Sold this not that long ago. #FallingKnife trade.
Sold on 09/13/2017 @ 1.20
$AYI #ShortPuts – Bought to close 1 AYI NOV 17 2017 120.0 Put @ 0.05. It won’t trade any lower and this is a high priced stock with over 6 weeks left until expiration.
Sold on 05/12/2017 at 1.80
$DVN #ShortPuts – Bought to close DVN OCT 20 2017 29.0 Puts @ 0.01
$ESRX #ShortPuts – Bought to close ESRX OCT 20 2017 52.5 Put @ 0.01.
Sold on 05/11/17 at 1.36
$RL #ShortPuts – Bought to close RL JAN 19 2018 50.0 Put @ 0.05. Doesn’t expire until next year.
Sold on 05/16/17 at 1.30.
$SWKS #ShortPuts – Bought to close 1 SWKS NOV 17 2017 70.0 Put @ 0.05.
Sold on 06/29/2017 at 1.15
$VFC #ShortPuts – Bought to close 1 VFC NOV 17 2017 47.5 Put @ 0.05.
Sold on 05/17/17 at 1.16
$AYI #ShortPuts – Bought to close 1 AYI NOV 17 2017 105.0 Put @ 0.05. It won’t trade any lower and this is a high priced stock with over 6 weeks left until expiration.
Originally sold on 05/26/2017 @ 1.10 as a #Fallingknife trade.
Are you coming this weekend?
=========================
I’ll be in New York this weekend for our annual picnic in Central Park. We missed last year, but are back on track for Saturday. I’m looking forward to hanging out with anyone who wants to stop by. I’ve known several of our members for more than 10 years, so it will be nice to get together with some old friends.
Meanwhile, I’ll see you in the forum.
–Dan
$MYL #CoveredCalls – Sold MYL APR 20 2018 42.5 Calls @ 1.79 after the big gap opening.
$X #ShortPuts – Bought to close 1 X Oct 20 2017 17.0 Put @ 0.01. It won’t trade any lower.
Originally sold on 05/17/2017 at 1.47
$KHC #ShortPuts #FallingKnife – Sold 1 KHC Apr 20 2018 70 Put @ 1.65.
$UVXY #ShortCalls – Bought to close UVXY3(5 shares) Jan 19 2018 60.0 Calls @ 0.01.
Cleaning up old positions in several accounts.
Originally sold on 10/13/16 @ 6.75 and again on 11/03/16 @ 7.30
$MYL #CoveredCalls – Sold MYL NOV 3 2017 35.0 Calls @ 0.38 with the stock at 32.43
$TSCO #ShortPuts – Bought to close TSCO Oct 20 2017 55.0 Puts @ 0.05.
They won’t trade any lower.
Originally sold on 04/13/2017 at 1.25.
$MRO #ShortPuts – Bought to close MRO Oct 20 2017 11.0 Puts @ 0.01.
They won’t trade any lower.
Originally sold on 04/19/2017 at 0.37 and added more on 05/05/2017 at 0.46.
$TSN #ShortPuts – Bought to close 1 TSN Jan 19 2018 47.0 Put @ 0.05.
It won’t trade any lower and it won’t expire until next year.
Originally sold on 05/17/17 at 1.20 as a #FallingKnife trade
$RRC #CoveredCalls – Sold RRC DEC 15 2017 27.0 Calls @ 0.25
$ZGNX #ShortCalls – I had a few extra short puts so I’m adding new calls to create more strangles.
Sold 1 ZGNX Oct 20 2017 50.0 Call @ 1.15
Sold ZGNX Oct 20 2017 55.0 Calls @ 0.55 – highest available strike price.
$MNK #ShortPuts – Bought to close MNK Oct 20 2017 30.0 Puts @ 0.05.
Originally sold on 03/27/17 at 1.65 as one of many #FallingKnife trades on this stock.
$TGT #ShortPuts – Bought to close 1 TGT OCT 20 2017 45.0 Put @ 0.01. It won’t trade any lower.
Originally sold on 03/27/17 at 1.30 as a #FallingKnife trade.
ZGNX – the drug is not even in phase III trials yet so the stock is a bit ahead of itself.
https://www.bizjournals.com/sanfrancisco/news/2017/09/29/zogenix-zgnx-epilepsy-dravet-cns-seizures.html
#OptionsExpiration #Weeklys #Sep29 – It’s the end of the third quarter and nothing is going on. I did let a couple of lots of $SVXY go very near the all time high.
Record $VIX lows for September means I’m not putting on new trades.
I guess I’ll wait for earnings season.
— Expirations —
AZO (Weekly) Sep 29 2017 660 Calls
NUGT (Weekly) Sep 29 2017 30 Puts
UVXY (Weekly) Sep 29 2017 91 Calls
— Assigned —
SVXY (Weekly) Sep 29 2017 89 Calls (Covered)
SVXY (Weekly) Sep 29 2017 91.5 Calls (Covered)
$SVXY #CoveredCalls- At various times during the day I rolled most of my calls
Bought to close SVXY SEP 29 2017 86.5 Calls/Sold SVXY OCT 13 2017 89.0 Calls @ 0.12 Credit
Bought to close SVXY SEP 29 2017 87.5 Calls/Sold SVXY OCT 13 2017 90.0 Calls @ 0.21 Credit
Bought to close SVXY SEP 29 2017 88.5 Calls/Sold SVXY OCT 13 2017 91.0 Calls @ 0.15 Credit
$UVXY #ShortCalls – #ClassicVXXGame – Bought to close 1 UVXY Jan 18 2019 65.0 Call @ 7.50
Originally sold on 08/10/17 @ 20.00
I only have 1 more of these left, plus some strike 75’s as well.
$TAP #ShortPuts #FallingKnife – A couple of small speculative trades in an IRA that is almost 100% in cash.
Sold 1 TAP Oct 13 2017 78.0 Put @ 0.35
Sold 1 TAP Oct 20 2017 78.0 Put @ 0.50.
The stock is above 81 and earnings are not until Nov 1.
$UVXY #ShortCalls – Bought to close 1 UVXY Jan 19 2018 65.0 Call @ 2.23.
I still have a couple more to cover plus I’m short 82 and 91 calls as well.
Originally sold on 08/10/17 @ 11.20
$UVXY #ShortCalls – Bought to close 1 UVXY Dec 15 2017 65.0 Call @ 1.49.
I still have more to cover but I see no need to rush.
Originally sold on 8/9/17 @ 7.00
$GWW #ShortCalls – Sold 1 GWW Apr 20 2018 230.0 Call @ 1.95.
Paired with short puts sold on the last major dip.
$FOSL #CoveredCalls – Sold FOSL Mar 16 2018 15.0 Calls @ 0.50 with the stock at 9.72
$TAP #ShortPuts #FallingKnife – I’m guessing beer sales are off with fewer fans watching the NFL. NOT!!
Sold TAP Nov 17 2017 77.5 Puts @ 1.30
Sold TAP Apr 20 2018 70.0 Puts @ 1.65
$ZGNX #ShortPuts – Sold ZGNX OCT 20 2017 2.0 Puts @ 0.40 on the opening this morning.
$ZGNX #ShortPuts – Sold ZGNX OCT 20 2017 2.0 Puts @ 0.25 with the stock above 13.
$TAP #ShortPuts #FallingKnife – Sold 1 TAP Apr 20 2018 70.0 Put @ 1.65
$RRC #CoveredCalls – Sold RRC Nov 17 2017 23.0 Calls @ 0.50 with the stock at 20.33
$CLX #ShortPuts #FallingKnife – Sold 1 CLX APR 20 2018 110.0 Put @ 1.30
$VRX #ShortPuts – Bought to close VRX OCT 20 2017 7.5 Puts @ 0.01. They won’t trade any lower.
Originally sold at 1.05 on 04/05/2017 and again at 1.35 on 04/21/2017 as #FallingKnife trades.
$TAP #ShortPuts #FallingKnife – Sold 1 TAP Jan 19 2018 75.0 Put @ 1.60
$SVXY #ShortCalls #Rollup – rolled up this week’s farthest in the money call position.
Bought to close SVXY Sep 29 2017 85.5 Calls/Sold SVXY Oct 13 2017 88.0 Calls for a 0.25 Credit.
$SVXY #ShortCalls – Sold 1 SVXY Sep 29 2017 91.5 Call @ 1.10 with the stock at 91.17. This expires Friday
$EFX #ShortPuts – Bought to close EFX Oct 20 2017 65.0 Puts @ 0.05. It won’t trade any lower.
Sold these on 09/14/2017 at 1.20 and 1.35.
$GWW #ShortStrangles – an unbalanced strangle, at least based on time to expiration.
Sold 1 GWW Oct 20 2017 160.0 Put/GWW Apr 20 2018 230.0 Call @ 3.00 Credit.
Also short other GWW Puts.
$ZGNX #ShortStrangles – Sold ZGNX OCT 20 2017 3.0 Puts/31.0 Calls @ 1.75 Credit with the stock at 13.70.
Adding to my position.
$EFX #ShortPuts – Bought to close 1 EFX Oct 20 2017 70.0 Put @ 0.05. It won’t trade any lower.
Originally sold on 09/14/2017 at 1.20.
Out much sooner than I expected.
$CELG #ShortPuts – Bought to close 1 CELG OCT 20 2017 95.0 Put @ 0.01. It won’t trade any lower.
$ZGNX #ShortStrangles – Sold ZGNX OCT 20 2017 3.0 Puts/31.0 Calls @ 1.65 Credit with the stock at 13.35.
It’s been a long time since I played one of these small biotech binary events.
$GWW #ShortCalls – Sold 1 GWW Jan 19 2018 210.0 Call @ 1.40 with the stock at 179.39.
Paired with a number of short GWW puts which are now nicely profitable.
$LB – no longer a #FallingKnife – back above the 50dayMA
$ALXN #ShortStrangles – Covered some November strangles to release some margin.
Bought to close ALXN Nov 17 2017 80/165 Strangles @ 1.35.
Originally Sold the Puts on 05/23/2017 @ 2.10 as a #FallingKnife trade.
Then as the stock recovered sold the Calls on 07/27/2017 @ 2.35 and again on 07/28/2017 @ 2.85.
The Strangle may have expired, but it’s a long time until November, and the puts were so low, they weren’t really protecting the calls anymore.
$RL #ShortPuts – Bought to close 1 RL Oct 20 2017 55.0 Put @ 0.05.
Originally sold on 05/24/2017 @ 1.20
$AMGN #ShortPuts – Bought to close 1 AMGN Oct 20 2017 130.0 Put @ 0.01. It won’t trade any lower.
Originally sold on 05/11/2017 @ 1.35.
Also still short the Jan 115 Puts
$SIG #ShortPuts – Bought to close SIG OCT 20 2017 45.0 Puts @.05. with the stock at 65.33.
A former #FallingKnife trade that isn’t going to trade any lower.
Sold on 03/03/2017 @ 1.60 and on 05/25/2017 @ 2.40
$KR #ShortPuts #FallingKnife – Sold 1 KR APR 20 2018 18.0 Put @ 1.15
$DUST #CoveredCalls – Sold DUST Sep 29 2017 26.5 Calls @ 0.25 with the stock at 24.82.
These replace last week’s strike 25.0 Calls that expired on Friday.
$AZO #ShortPuts – Bought to close 1 AZO OCT 20 2017 350.0 Put @ 0.05. It won’t trade any lower, has a high margin requirement, and still has 4 weeks to expiration.
Originally sold on 07/06/2017 at 2.60.
Options Bistro 