$ALK #ShortPuts #FallingKnife – Sold 1 ALK Apr 20 2018 55.0 Put @ 2.15
Author Archives: Option Iceman
$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.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY NOV 3 2017 74.0 Puts @ 0.85
$DUST #CoveredCalls – using a…
$DUST #CoveredCalls – using a little bit of 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 28.0 Calls @ 0.25 Credit.
I made a little on this weeks’s calls and bumped my exit price by 0.75.
$SVXY #ShortPuts #IRA – Keeping…
$SVXY #ShortPuts #IRA – Keeping my timeframe short
Sold SVXY Nov 3 2017 69.0 Puts @ 0.41
Sold SVXY Nov 3 2017 68.0 Puts @ 0.41
Sold SVXY Nov 10 2017 60.0 Puts @ 0.51
$DUST #ShortPuts #IRA – Bought…
$DUST #ShortPuts #IRA – Bought to close 1 DUST Dec 15 2017 14.0 Put @ 0.05. It won’t trade any lower.
Originally sold on 09/07/17 at 1.10.
$PRGO #ShortPuts – Bought to…
$PRGO #ShortPuts – Bought to close PRGO Jan 19 2018 50.0 Puts @ 0.05. They won’t trade any lower and don’t expire until next year.
Sold in August at 1.15 and again at 1.50.
$SVXY #ShortPuts – Keeping my…
$SVXY #ShortPuts – Keeping my timeframe very, very short
Sold SVXY Nov 3 2017 73/72/71/70 Puts all @ 0.52
$UVXY #ShortCalls – some random…
$UVXY #ShortCalls – some random speculative trades
Sold 1 UVXY Mar 16 2018 91.0 Call @ 2.56 – highest strike
Sold UVXY Jan 19 2018 91.0 Calls @ 1.40 – highest strike
Sold UVXY Dec 15 2017 91.0 Calls @ 0.75 – highest strike
Sold UVXY Nov 17 2017 45.0 Calls @ 0.57
Sold UVXY Nov 10 2017 35.0 Calls @ 0.56
Sold UVXY Nov 3 2017 27.50 Calls @ 0.55
Sold UVXY Oct 27 2017 22.5 Calls @ 0.31
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY NOV 3 2017 71.0 Puts @ 0.52
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Dec 15 2017 91.0 Calls @ 0.56.
Highest available strike.
Added @ 0.63
$UVXY #ShortCalls – nibbling here…
$UVXY #ShortCalls – nibbling here
Sold UVXY Oct 27 2017 22.0 Calls @ 0.30
Sold UVXY Nov 3 2017 26.0 Calls @ 0.52
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY NOV 3 2017 73.0 Puts @ 0.41
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT OCT 27 2017 30.0 Puts @ 0.30 with the stock at 31.13.
This account last exited NUGT at 36.0 after writing covered calls for months. Not afraid to go long again but I would rather see the puts expire.
$WHR #ShortPuts #FallingKnife – Sold…
$WHR #ShortPuts #FallingKnife – Sold WHR APR 20 2018 120.0 Puts @ 1.50. Thanks Ramie
$NSC #ShortPuts #Earnings – Sold…
$NSC #ShortPuts #Earnings – Sold NSC Oct 27 2017 125.0 Puts @ 0.40 with the stock at 132.58
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 3 2017 75.0 Puts @ 0.40 with the stock at 103.69
$NSC #ShortPuts #Earnings – Sold…
$NSC #ShortPuts #Earnings – Sold NSC Oct 27 2017 124.0 Puts @ 0.35 with the stock at 132.31
Norfolk Southern (NYSE:NSC) declares $0.61/share quarterly dividend, in line with previous.
Forward yield 1.83%
Payable Dec. 11; for shareholders of record Nov. 3; ex-div Nov. 2.
So I would probably take the stock in to collect a quick dividend.
$GWW #ShortPuts – Sold GWW…
$GWW #ShortPuts – Sold GWW Apr 20 2018 145.0 Put @ 2.60 with the stock at 202.20
$OXY #ShortPuts – Bought 1…
$OXY #ShortPuts – Bought 1 OXY Nov 17 2017 50.0 Put @ 0.01. Sold in May at 1.35.
$UAL #ShortPuts #FallingKnife – Sold…
$UAL #ShortPuts #FallingKnife – Sold 1 UAL Mar 16 2018 50.0 Put @ 1.73
$DUST #ShortCalls – Bought to…
$DUST #ShortCalls – Bought to close 1 DUST Dec 15 2017 50.0 Call @ 0.05. It won’t trade any lower and doesn’t expire for 2 months.
Originally sold at 6.80 so a really nice gain.
$PRGO #ShortPuts – Bought to…
$PRGO #ShortPuts – Bought to close 1 PRGO Jan 19 2018 50.0 Put @ 0.05. It won’t trade any lower and doesn’t expire until next year.
Sold at 1.30 on 05/30/2017.
$SVXY #ShortCalls – covered some…
$SVXY #ShortCalls – covered some deep ITM Calls to release some much needed margin.
Bought to close SVXY Jan 18 2019 77.5 Calls @ 46.90
$UVXY #CoveredCalls – sold some…
$UVXY #CoveredCalls – sold some small positions that expire Friday.
Sold UVXY Oct 27 2017 18.0 Calls @ 0.26
Sold UVXY Oct 27 2017 18.5 Calls @ 0.22
$GWW #ShortPuts – Bought to…
$GWW #ShortPuts – Bought to close 1 GWW Dec 15 2017 135.0 Put @ 0.05. It won’t trade any lower.
Sold for 1.40 on 5/15/17
$EQT #ShortPuts – Bought to…
$EQT #ShortPuts – Bought to close EQT Dec 15 2017 45.0 Puts @ 0.05. They won’t trade any lower and still have 2 months until expiration.
Originally sold on 06/06/2017 @ 1.55 and added a few weeks later at 1.75
$SVXY $ShortPuts – I will…
$SVXY $ShortPuts – I will likely be forced to cover some short calls in this runaway freight train this week so I’m getting rid of the offsetting short Puts
Bought to close SVXY Dec 15 2017 17.5 Puts @ 0.10 – sold at 0.67
Bought to close SVXY Dec 15 2017 27.5 Puts @ 0.21 – sold at 1.09
Bought to close SVXY Jan 19 2018 11.0 Puts @ 0.11 – Sold at 1.23
Bought to close SVXY Jan 19 2018 12.5 Puts @ 0.12 – Sold at 1.30
Bought to close SVXY Jan 19 2018 15.0 Puts @ 0.15 – Sold at 0.36
Bought to close SVXY Jan 19 2018 34.0 Puts @ 0.74 – Sold at 3.40
Bought to close SVXY Jan 19 2018 34.5 Puts @ 0.75 – Sold at 3.45
$DUST #CoveredCalls – Sold DUST…
$DUST #CoveredCalls – Sold DUST Oct 27 2017 26.5 Calls @ 0.15 replacing last week’s strike 26 calls.
#OptionsExpiration #Monthlys #Oct20 – A…
#OptionsExpiration #Monthlys #Oct20 – A fairly big expiration as a whole bunch of Puts are expiring. The biggest are $GWW $MYL that have been weak for a long time but are acting better now. Some covered Calls expiring too.
Adding to some existing long stock positions at lower prices but I may be waiting for a while for them to recover. Will continue to sell covered calls on any rallies.
— Expirations —
APA Oct 20 2017 40 Puts
DUST Oct 20 2017 26 Calls (Covered)
GWW Oct 20 2017 145 Puts
GWW Oct 20 2017 150 Puts
GWW Oct 20 2017 155 Puts
GWW Oct 20 2017 160 Puts
JEC Oct 20 2017 47.5 Puts
K Oct 20 2017 60 Puts
KR Oct 20 2017 28 Calls (Covered)
MAT Oct 20 2017 17 Calls (Covered)
MRO Oct 20 2017 20 Calls (Covered)
MUR Oct 20 2017 22.5 Puts
MYL Oct 20 2017 32.5 Puts
MYL Oct 20 2017 35 Puts
NUGT Oct 20 2017 26 Puts
PCG Oct 20 2017 45 Puts
QCOM Oct 20 2017 45 Puts
TAP Oct 20 2017 78 Puts
UAA Oct 20 2017 25 Calls (Covered)
URI Oct 20 2017 75 Puts
UVXY Oct 20 2017 20.5 Calls (Covered)
UVXY Oct 20 2017 20 Calls (Covered)
X Oct 20 2017 18 Puts
XOM Oct 20 2017 70 Puts
ZGNX Oct 20 2017 2 Puts
ZGNX Oct 20 2017 3 Puts
ZGNX Oct 20 2017 49 Calls
ZGNX Oct 20 2017 50 Calls
ZGNX Oct 20 2017 55 Calls
— Assignments —
GWW Oct 20 2017 175 Calls (Covered) Nice gain on the stock
GWW Oct 20 2017 180 Calls (Covered) Nice gain on the stock
KR Oct 20 2017 27 Puts
MAT Oct 20 2017 20 Puts
MAT Oct 20 2017 21 Puts
MAT Oct 20 2017 22 Puts
UVXY Oct 20 2017 17 Puts
$ZGNX #ShortCalls – Giving up!…
$ZGNX #ShortCalls – Giving up!
Bought to close ZGNX Oct 20 2017 31.0 Call @ 8.80. They can’t be easily rolled, and I considered going short the stock because they are a long way from a marketable drug but I’m taking my lumps and walking away.
$UAA #CoveredCalls – Sold UAA…
$UAA #CoveredCalls – Sold UAA NOV 3 2017 20.5 Calls @ 0.22 with the stock at 17.48
