$BBBY #CoveredCalls – BBBY May 18 2018 30.0 Calls @ 0.70 with the stock at 23.60.
Adding to my earlier trade and over-writing long stock
Author Archives: Option Iceman
$NFLX – Breaks key support at 190
$GWW #ShortPuts – Bought to…
$GWW #ShortPuts – Bought to close 1 GWW Dec 15 2017 165.0 Put @ 0.05
Sold on 10/25/2017 @ 1.40 so a pretty quick turnaround.
$UAA #CoveredCalls #IRA – Sold…
$UAA #CoveredCalls #IRA – Sold UAA Dec 1 2017 14.0 Calls @ 0.06 with the stock at 13.40.
Taking what I can get. These expire Friday.
$BBBY #CoveredCalls – BBBY May…
$BBBY #CoveredCalls – BBBY May 18 2018 30.0 Calls @ 0.52 with the stock at 22.90
$M #CoveredCalls – Sold M…
$M #CoveredCalls – Sold M May 18 2018 30.0 Calls @ 0.63
$KR #CoveredCalls – another #FallingKnife…
$KR #CoveredCalls – another #FallingKnife on the rebound –
Sold KR Jul 20 2018 29.0 Calls @ 0.70
Sold KR Jul 20 2018 30.0 Calls @ 0.60
$VIAB #CoveredCalls – sold both…
$VIAB #CoveredCalls – sold both these offsetting ITM Dec and Jan Puts. I will be taking the stock.
VIAB Mar 16 2018 32.5 Calls @ 0.75
VIAB Jun 15 2018 37.5 Calls @ 0.60
$CHRW #ShortPuts – Bought to…
$CHRW #ShortPuts – Bought to close CHRW Jan 19 2018 60.0 Puts @ 0.05.
This was part of a #FallingKnife #OptionLadder that is now closed out.
Originally sold at 1.15 in May 2017 and added to at 1.45 and 1.75
$BBBY #CoveredCalls – Sold BBBY…
$BBBY #CoveredCalls – Sold BBBY May 18 2018 30.0 Calls @ 0.39 with the stock at 21.90
$KR #CoveredCalls – Sold KR…
$KR #CoveredCalls – Sold KR APR 20 2018 28.0 Calls @ 0.55 with the stock at 23.51
$M #CoveredCalls – Sold M…
$M #CoveredCalls – Sold M FEB 16 2018 25.0 Calls @ 0.63
$UVXY #ShortCalls #ClassicVXXGame – bought…
$UVXY #ShortCalls #ClassicVXXGame – bought back a large number of contracts in several accounts when they finally dropped to a penny.
Bought to close UVXY1 JAN 19 2018 60.0 Calls @ 0.01. These were pre-split contracts on 25 shares.
Sold between February and May at prices from 1.76 up to 6.20.
Also Bought to close UVXY1 JAN 19 2018 33.0 Calls @ 0.01.
Sold in August at 1.51
$MRO #ShortPuts – Bought to…
$MRO #ShortPuts – Bought to close MRO Jan 19 2018 10.0 Puts @ 0.01. They don’t expire until next year.
$SEE #ShortPuts – Bought to…
$SEE #ShortPuts – Bought to close 1 SEE Jan 19 2018 37.0 Put @ 0.05.
It won’t trade any lower.
Originally sold in May at 1.25 as a #FallingKnife trade.
$LB #ShortPuts – Bought to…
$LB #ShortPuts – Bought to close LB Jan 19 2018 32.5 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 08/15/2017 at 1.35 as a #FallingKnife trade and then added to the position on 08/17/2017 at 2.10.
$HES #ShortPuts – Bought to…
$HES #ShortPuts – Bought to close 1 HES Jan 19 2018 30.0 Put @ 0.01. It won’t trade any lower.
Originally sold on 06/21/2017 @ 1.22 as a #FallingKnife trade
#OptionsExpiration #Weeklys #Nov24 – a…
#OptionsExpiration #Weeklys #Nov24 – a very small one today. Next big one is Dec 15th.
–Expirations —
FOSL (Weekly) Nov 24 2017 8 Calls (Covered)
UAA (Weekly) Nov 24 2017 12 Puts
UVXY (Weekly) Nov 24 2017 27 Calls (Covered)
$MUR #ShortPuts – Bought to…
$MUR #ShortPuts – Bought to close 1 MUR Jan 19 2018 20.0 Put @ 0.05. It won’t trade any lower and doesn’t expire until next year.
Originally sold in May at 1.40 as a #FallingKnife trade.
$SIG #ShortPuts #FallingKnife – Sold…
$SIG #ShortPuts #FallingKnife – Sold 1 SIG APR 20 2018 40.0 Put @ 2.50
Also Sold 1 SIG APR 20 2018 35.0 Put @ 1.40
$BBBY #CoveredCalls – Sold BBBY…
$BBBY #CoveredCalls – Sold BBBY Dec 29 2017 23.5 Calls @ 0.54 with the stock at 21.44
$MYL #CoveredCalls – avoiding assignment,…
$MYL #CoveredCalls – avoiding assignment, moving up my exit point on this stock and taking a gain on the existing calls.
Bought to close MYL Nov 24 2017 35.5 Calls/Sold MYL Dec 15 2017 36.0 Calls @ 0.10 Credit
$PXD #ShortPuts – Bought to…
$PXD #ShortPuts – Bought to close PXD Jan 19 2018 95.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Originally sold on 06/20 at 1.15 and again on 08/03 at 1.25 as #FallingKnife trades.
$NUGT #CoveredCalls – Bought back…
$NUGT #CoveredCalls – Bought back my NUGT Nov 24 31.0 Calls at 0.09 and sold my long stock at 30.23 to exit this position.
I’ve written several weeks worth of covered calls against this stock since it was put to me at 30.
Going back to 100% cash in this account
$DKS #ShortPuts – Bought to…
$DKS #ShortPuts – Bought to close 1 DKS Dec 15 2017 24.0 Put @ 0.05. It won’t trade any lower.
Originally sold on 08/18/2017 at 1.30 as a #FallingKnife trade.
$RL #ShortPuts – Bought to…
$RL #ShortPuts – Bought to close 1 RL Jan 19 2018 55.0 Put @ 0.05. It doesn’t expire until next year and won’t trade any lower.
Originally sold on 05/16/2017 at 1.30 as a #FallingKnife trade.
$VIX $SVXY – we are…
$VIX $SVXY – we are probably headed for a 9 handle on the VIX today. SVXY at a new all time high in the premarket
$HSIC #ShortPuts #FallingKnife – Sold…
$HSIC #ShortPuts #FallingKnife – Sold 1 HSIC Apr 20 2018 60.0 Put @ 2.35 with the stock at 66.24.
Adding to my position.
$HSIC #ShortPuts #FallingKnife – Sold…
$HSIC #ShortPuts #FallingKnife – Sold 1 HSIC Apr 20 2018 60.0 Put @ 1.95 with the stock at 67.61
$UVXY #ShortPuts – Sold UVXY…
$UVXY #ShortPuts – Sold UVXY (Weekly) Dec 8 2017 13.5 Puts @ 0.57 with the stock at 15.30
#OptionsExpiration #Monthly #Nov17 – A…
#OptionsExpiration #Monthly #Nov17 – A smaller than normal monthly expiration cycle because of lower than average volatility, and because I have been covering positions early at minimum prices.
Plenty of #FallingKnife trades expiring ($ABC $CVS $ESRX $FL $FOSL $GILD $M $NOV $TAP) plus a few volatility positions ($SVXY and $UVXY)
Taking a nice gain on $LB that was acquired via Put assignment in August and going long one new stock $NBL. A scattering of other covered call positions are expiring.
— Expirations —
ABC Nov 17 2017 70 Puts
ANF Nov 17 2017 11 Puts
ANF Nov 17 2017 15 Puts
CVS Nov 17 2017 65 Puts
DUST Nov 17 2017 35 Calls
ESRX Nov 17 2017 52.5 Puts
FL Nov 17 2017 26 Puts
FL Nov 17 2017 30 Puts
FOSL Nov 17 2017 7 Puts
GILD Nov 17 2017 70 Puts
KR Nov 17 2017 24 Calls (Covered)
M Nov 17 2017 20 Puts
NOV Nov 17 2017 29 Puts
NUGT Nov 17 2017 25.5 Puts
RRC Nov 17 2017 23 Calls (Covered)
SLB Nov 17 2017 57.5 Puts
SVXY Nov 17 2017 75 Puts
SVXY Nov 17 2017 76 Puts
SVXY Nov 17 2017 77 Puts
SVXY Nov 17 2017 78 Puts
SVXY Nov 17 2017 79 Puts
SVXY Nov 17 2017 80 Puts
SVXY Nov 17 2017 85 Puts
TAP Nov 17 2017 77.5 Puts
UVXY Nov 17 2017 18.5 Calls (Covered)
UVXY Nov 17 2017 19 Calls (Covered)
UVXY Nov 17 2017 25 Calls
UVXY Nov 17 2017 25.5 Calls
UVXY Nov 17 2017 26 Calls
UVXY Nov 17 2017 26.5 Calls
UVXY Nov 17 2017 27 Calls
UVXY Nov 17 2017 27.5 Calls
UVXY Nov 17 2017 28 Calls
UVXY Nov 17 2017 28.5 Calls
UVXY Nov 17 2017 45 Calls
— Assignments —
LB Nov 17 2017 47.5 Calls (Covered)
NBL Nov 17 2017 27.5 Puts – going long a few shares.
$PXD #ShortPuts – Bought to…
$PXD #ShortPuts – Bought to close 1 PXD Jan 19 2018 90.0 Put @ 0.05.
It doesn’t expire until next year and it won’t trade any lower.
Originally sold on 08/04/2017 at 1.20.
Also short Jan 95.0 Puts that are also bid at a nickel. Just waiting for the fill on the buyback order.
$BBBY #CoveredCalls – Sold BBBY…
$BBBY #CoveredCalls – Sold BBBY Feb 16 2018 25.0 Calls @ 0.54 with the stock at 20.93
$DUST #CoveredCalls #Rollout – Bought…
$DUST #CoveredCalls #Rollout – Going out another 2 weeks.
Bought to close DUST Nov 17 2017 28.0 Calls/Sold DUST Dec 1 2017 28.0 Calls @ 0.30 Credit.
Bought to close DUST Nov 17 2017 28.5 Calls/Sold DUST Dec 1 2017 28.5 Calls @ 0.22 Credit.
$NUGT #CoveredCalls #Rollout – Bought…
$NUGT #CoveredCalls #Rollout – Bought to close NUGT Nov 17 2017 31.0 Calls/Sold NUGT Nov 24 2017 31.0 Calls @ 0.30 Credit.
Giving this one another week.
$BBBY #CoveredCalls – Sold BBBY…
$BBBY #CoveredCalls – Sold BBBY May 18 2018 27.5 Calls @ 0.56 with the stock at 20.77
$M #CoveredCalls – Sold M…
$M #CoveredCalls – Sold M May 18 2018 28.0 Calls @ 0.63 with the stock at 20.58
$KR is on the move
$KR is on the move
$GWW #ShortPuts – Bought to…
$GWW #ShortPuts – Bought to close GWW Jan 19 2018 130.0 Puts @ 0.05.
They don’t expire until next year.
Originally sold in May at 1.25 as a #FallingKnife trade.
Still short other Puts in this stock.
$ANF $FL – #Earnings #OneDayWonders…
$ANF $FL – #Earnings #OneDayWonders –
Sold ANF Nov 17 2017 11.0 Puts @ 0.27 & 0.28 with the stock at 12.79
$ANF $FL – #Earnings #OneDayWonders…
$ANF $FL – #Earnings #OneDayWonders –
Sold ANF Nov 17 2017 11.0 Puts @ 0.23 with the stock at 12.74
Sold FL Nov 17 2017 26.0 Puts @ 0.25 with the stock at 31.91
$ANF $FL – possible earnings…
$ANF $FL – possible earnings plays
$URBN #ShortPuts – Bought to…
$URBN #ShortPuts – Bought to close URBN Dec 15 2017 18.0 Puts @ 0.05. Out of this one a month early
Originally sold in May at 1.25 and again at 1.45
$EFX #ShortPuts – Bought to…
$EFX #ShortPuts – Bought to close EFX Jan 19 2018 60.0 Puts @ 0.05. They don’t expire until next year.
Originally sold in September at 1.20 and again at 1.90 as a #FallingKnife trade.
Still short the Apr 60 Puts
$SLB #ShortPuts #FallingKnife – Sold…
$SLB #ShortPuts #FallingKnife – Sold 1 SLB May 18 2018 55 Put @ 1.80
$CHRW #ShortPuts – Bought to…
$CHRW #ShortPuts – Bought to close CHRW Jan 19 2018 60.0 Puts @ 0.05. They don’t expire until next year.
Originally sold in May at 1.15, 1.45 and 1.75 as a #FallingKnife trade.
$TSCO #ShortPuts – Bought to…
$TSCO #ShortPuts – Bought to close TSCO Jan 19 2018 45.0 Puts @ 0.05. They don’t expire until next year.
Originally sold in May at 1.40 and again in July at 2.25 as #FallingKnife trades.
Also short the Jan 50 Puts. Just waiting for the fill on my order at 0.05.
$SIG #ShortPuts – Bought to…
$SIG #ShortPuts – Bought to close SIG Jan 19 2018 35.0 Puts @ 0.05. It doesn’t expire until next year.
Originally sold in May at 1.15, 1.30 and 1.35 as a #FallingKnife trade.
Also short the Jan 40 Puts which are bid at a nickel. Just waiting for the fill on my order at 0.05.
$SVXY #ShortPuts – Sold a…
$SVXY #ShortPuts – Sold a couple more today
Sold 1 SVXY DEC 22 2017 75.0 Put @ 2.50
Sold 1 SVXY DEC 29 2017 75.0 Put @ 2.90
$SVXY #ShortPuts – a couple…
$SVXY #ShortPuts – a couple of orders filled this morning with the stock just below 100.
Sold SVXY Dec 8 2017 65.0 Puts @ 0.67
Sold SVXY Dec 15 2017 65.0 Puts @ 1.22
Sold SVXY Dec 22 2017 65.0 Puts @ 1.25
Sold SVXY Dec 29 2017 65.0 Puts @ 1.59
and
Sold SVXY Dec 29 2017 60.0 Puts @ 1.25
$UVXY #ShortPuts – Bought to…
$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.
$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).
Options Bistro 