$SVXY #ShortPuts – Bought to close SVXY Sep 8 2017 45.0 Puts @ 0.01. Removing some tail risk from this account.
Originally sold on 08/10/2017 @ 1.09
Author Archives: Option Iceman
$UVXY #ShortPuts – Bought to…
$UVXY #ShortPuts – Bought to close UVXY Sep 8 2017 25.0 Puts @ 0.01. They won’t trade any lower.
I don’t often sell UVXY Puts but sold these on 8/16/17 @ 0.93
$NOV #LongStock – Unwinding a…
$NOV #LongStock – Unwinding a put assignment from the August expiration.
Sold NOV @ 31.19. Was assigned at 31.0 less a 0.45 puts premium
$NUGT #ShortCalls – Sold NUGT…
$NUGT #ShortCalls – Sold NUGT 25/100 Jan 19 2018 17.0 Calls @ 0.62. Equivalent strike price is 68.0
$SVXY #CoveredCalls – starting my…
$SVXY #CoveredCalls – starting my ladder for 2 weeks out. Already have next week covered.
Sold SVXY Sep 15 2017 84.0 Calls @ 1.12.
#OptionsExpiration #Weeklys #Sep1 – the…
#OptionsExpiration #Weeklys #Sep1 – the first of 5 September expirations. Plenty of volatility winners this week with little need to cover or roll positions.
A lot of covered calls, and one assignment getting me out of a long NUGT position at a profit. I have been writing calls against this position for many months.
— Expirations —
DUST (Weekly) Sep 1 2017 21 Puts
MYL (Weekly) Sep 1 2017 42.5 Calls (Covered)
SVXY (Weekly) Sep 1 2017 42.5 Puts
SVXY (Weekly) Sep 1 2017 50 Puts
SVXY (Weekly) Sep 1 2017 55 Puts
SVXY (Weekly) Sep 1 2017 76 Puts
SVXY (Weekly) Sep 1 2017 81 Calls (Covered)
SVXY (Weekly) Sep 1 2017 81.25 Calls (Covered)
SVXY (Weekly) Sep 1 2017 81.75 Calls (Covered)
SVXY (Weekly) Sep 1 2017 82 Calls (Covered)
SVXY (Weekly) Sep 1 2017 82.25 Calls (Covered)
SVXY (Weekly) Sep 1 2017 82.5 Calls (Covered)
SVXY (Weekly) Sep 1 2017 82.75 Calls (Covered)
SVXY (Weekly) Sep 1 2017 83 Calls
SVXY (Weekly) Sep 1 2017 83.5 Calls
SVXY (Weekly) Sep 1 2017 84 Calls
SVXY (Weekly) Sep 1 2017 84.5 Calls
SVXY (Weekly) Sep 1 2017 90 Calls
UAA (Weekly) Sep 1 2017 25 Calls (Covered)
UVXY (Weekly) Sep 1 2017 60 Calls
UVXY (Weekly) Sep 1 2017 64 Calls
UVXY (Weekly) Sep 1 2017 91 Calls
UVXY 25/100 (Weekly) Sep 1 2017 14.5 Calls
— Assignments —
NUGT (Weekly) Sep 1 2017 36 Calls (Covered)
$NUGT #ShortCalls – Bought to…
$NUGT #ShortCalls – Bought to close NUGT Sep 1 2017 40.0 Calls @ 0.20. Sold ’em for 0.44
$DUST #ShortPuts #Rolldown – a…
$DUST #ShortPuts #Rolldown – a small rolldown on a position that on a better day I could have closed out for a gain.
Bought to close DUST SEP 1 2017 22.0 Puts/Sold DUST SEP 15 2017 21.0 Puts @ 0.06 Credit.
$NUGT #ShortPuts – Bought to…
$NUGT #ShortPuts – Bought to close NUGT Sep 15 2017 20.0 Puts @ 0.01. They won’t trade any lower.
$AN #ShortPuts – Bought to…
$AN #ShortPuts – Bought to close AN OCT 20 2017 34.0 Puts @ 0.05. It won’t trade any lower and still has 7 weeks until expiration.
Originally sold as a #Fallingknife trade on 04/03/17 @ 1.10
$UVXY #ShortCalls #ClassicVXXGame – Bought…
s$UVXY #ShortCalls #ClassicVXXGame – Bought to close 1 UVXY Jan 18 2019 65.0 Call @ 12.0.
Originally sold on 8/9/17 at 13.30.
Still short several others sold at higher prices and some strike 75’s as well
$NUGT #ShortCalls – Sold 1…
$NUGT #ShortCalls – Sold 1 NUGT Nov 17 2017 60.0 Call @ 1.45. Highest available strike price.
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to close the 2nd of my UVXY March 2018 60.0 short calls, with several more to go. With the VIX down, it’s a good time to lighten up on long term calls with lower strike prices.
Bought to close 1 UVXY Mar 16 2018 60.0 Call @ 7.40.
I sold strike 82 and strike 91 calls for the March expiration for much more than this.
Originally sold this one on 08/10/2017 at 11.20.
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Adding to my positions.
Sold SVXY Sept 8 2017 82.0 Calls @ 1.11
Sold SVXY Sept 8 2017 83.0 Calls @ 0.72
Sold SVXY Sept 8 2017 84.0 Calls @ 0.41
$SVXY #CoveredCalls – Selling Calls…
$SVXY #CoveredCalls – Selling Calls for next week as I’m guessing the ones I have for this week are going to expire.
Sold SVXY Sept 8 2017 82.0 Calls @ 0.87
Sold SVXY Sept 8 2017 83.0 Calls @ 0.62
Sold SVXY Sept 8 2017 84.0 Calls @ 0.32
$SVXY #ShortCalls – Bought to…
$SVXY #ShortCalls – Bought to close SVXY Sep 15 2017 102.5 Calls @ 0.01. They won’t trade any lower.
Sold these before the 2-1 split.
Sold 1 SVXY Sep 15 2017 205.0 Call @ 2.07/2.27/2.47 on 6/29
Sold 1 SVXY Sep 15 2017 205.0 Call @ 2.67 on 6/30
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close more UVXY1(25 shares) Sep 15 2017 60.0 Calls @ 0.01.
They won’t trade any lower.
Originally sold on :
01/30/2017 @ 6.50
02/10/2017 @ 4.30
02/24/2017 @ 4.60
03/22/2017 @ 2.35 & 2.56
05/18/2017 @ 1.19
$BIIB #ShortPuts -Bought to close…
$BIIB #ShortPuts -Bought to close 1 BIIB OCT 20 2017 185.0 Put @ 0.05. It won’t trade any lower and still has 6 weeks until expiration.
Originally sold on 05/08/2017 @ 1.15
$SJM #ShortPuts #FallingKnife – Sold…
$SJM #ShortPuts #FallingKnife – Sold 1 SJM APR 20 2018 90.0 Put @ 1.70 with the stock at 103.50
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close 1 UVXY1(25 shares) Sep 15 2017 60.0 Call @ 0.01. It won’t trade any lower.
Originally sold on 03/23/2017 @ 2.75
From the SMM/Omm forum this…
From the SMM/OMM forum this morning – psst … Don’t worry if you are no longer a member.
#OT #NYCPicnic – Oct 7th I think either at 12 or 1:00 in Strawberry fields Central Park – more direct info to follow – We usually meet up on 72nd street and Central Park West and walk in together. Please email me of your interest in going so we have a general idea of a head count if the weather is not good to move it indoors some where and so I have an email list for contacting you regarding the gathering. We have been very successful with these in the past and I think you will all enjoy meeting Dan and Gary and conversing with fellow traders and put a face to the names here. Please email me at aragorn555_2010@yahoo dot com.
Below is What Gary wrote previously
#NYC Picnic – SATURDAY, OCTOBER 7, 2017. Hey Team. We are all set for some fun in Central Park on Oct. 7, 2017. I’ll work with @Aragorn on specifics and let you know but we usually meet early afternoon and all bring lunch, lounge chairs, etc. So, SAVE THE DATE!!
Can’t wait to see all of you.
$SVXY #ShortPuts – yesterday, knowing…
$SVXY #ShortPuts – yesterday, knowing that the VIX was up 2 points, I put in a rolling order for Puts for this week. The quick morning rally is SVXY allowed the order to fill before 11am and then the stock just kept moving up. I’ll still take the profit on this week’s puts as I continue to lower the strike prices on my puts.
Bought to close SVXY Sep 1 2018 77.5 Puts/Sold SVXY Sep 22 2018 72.0 Puts @ 1.10 Credit
$APA $RRC $UAA #ShortPuts -…
$APA $RRC $UAA #ShortPuts – all falling knives for now
Sold 1 APA Apr 20 2018 32.5 Call @ 1.67 with the stock at 38.50
Sold 1 UAA Jan 19 2018 15.0 Call @ 1.11 with the stock at 16.50
Sold 1 RRC Jan 10 2018 16.0 Put @ 1.40 with the stock at 17.50
$NUGT #CoveredCalls – Sold NUGT…
$NUGT #CoveredCalls – Sold NUGT (25 shares) Jan 19 2018 16 Calls @ 0.58.
Equal to a 64.0 Strike price on 100 shares.
$DUST #ShortPuts #Speculation – in…
$DUST #ShortPuts #Speculation – in case the run in gold runs out of gas –
Sold DUST Sep 1 2017 21.0 Puts @ 0.40 – these expire Friday
Sold DUST Sep 8 2017 20.0 Puts @ 0.40.
Strike prices a point lower than yesterday’s trades.
$TRIP #ShortPuts – Bought to…
$TRIP #ShortPuts – Bought to close TRIP Sep 15 2017 35.0 Puts @ 0.05.
It won’t trade any lower.
Originally sold 2/23/17 at 1.40
$UVXY #CoveredCalls – Sold UVXY1…
$UVXY #CoveredCalls – Sold UVXY1 (25 shares) SEP 15 2017 12.0 Calls @ 0.42 against an odd lot of stock.
Equivalent to a 48.0 strike price.
$UVXY #CoveredCalls – Sold UVXY1…
$UVXY #CoveredCalls – Sold UVXY1 (25 shares) SEP 15 2017 11.0 Calls @ 0.59 against an odd lot of stock.
Equivalent to a 44.0 strike price.
$NUGT #CoveredCalls – Sold NUGT1…
$NUGT #CoveredCalls – Sold NUGT1 (25 shares) SEP 15 2017 11.0 Calls @ 0.30 against an odd lot of stock.
Equivalent to a 44.0 strike price.
$DUST #ShortPuts #Speculation – in…
$DUST #ShortPuts #Speculation – in case the run in gold runs out of gas –
Sold DUST Sep 1 2017 22.0 Puts @ 0.40 – these expire Friday
Sold DUST Sep 8 2017 21.0 Puts @ 0.40.
Both trades when the stock was about 22.70.
$NUGT #ShortCalls – Sold NUGT…
$NUGT #ShortCalls – Sold NUGT Sep 1 2017 40.0 Calls @ 0.44 with the stock at 37.58. These expire Friday.
$SLV #ShortPuts – Bought to…
$SLV #ShortPuts – Bought to close SLV Oct 20 2017 13.5 Puts @ 0.01.
They won’t trade any lower and still have two months to run.
$SJM #ShortPuts #FallingKnife – Sold…
$SJM #ShortPuts #FallingKnife – Sold 1 SJM Jan 19 2018 95.0 Put @ 1.65 with the stock at 104.28
$NUGT #CoveredCalls – Sold 3…
$NUGT #CoveredCalls – Sold 3 NUGT 25/100 Sep 15 2017 10.0 Calls @ 0.30 against a 75 share position.
The effective strike price is 40.0
$FOSL #ShortPuts – Bought to…
$FOSL #ShortPuts – Bought to close 1 FOSL NOV 17 2017 9.0 Put @ 1.20.
Originally sold at 1.40 right before the stock tanked to 6.80.
Once it got that far ITM, I knew I should cover this put if given a chance.
I got that today when the stock rallied back close to the strike price.
I’ll revisit this one with lower strike puts at some future date.
$CVX #ShortPuts – Bought to…
$CVX #ShortPuts – Bought to close 1 CVX SEP 15 2017 90.0 Put @ 0.01
Originally sold on 04/17/2017 at 1.33
$SVXY #CoveredCalls – sold these…
$SVXY #CoveredCalls – sold these on the opening with the stock at 78.96
Sold SVXY SEP 1 2017 81 Calls @ 0.98
Sold SVXY SEP 1 2017 81.25 Calls @ 0.97
Sold SVXY SEP 1 2017 81.75 Calls @ 0.78
Sold SVXY SEP 1 2017 82.0 Calls @ 0.66
Sold SVXY SEP 1 2017 82.25 Calls @ 0.61
Sold SVXY SEP 1 2017 82.5 Calls @ 0.50
Sold SVXY SEP 1 2017 82.75 Calls @ 0.43
These all expire Friday
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close UVXY1(25 shares) SEP 15 2017 60.0 Calls @ 0.01.
Originally sold @ 6.75, and months later at 2.81
$SVXY #CoveredCalls – Sold these…
$SVXY #CoveredCalls – Sold these after the market closed with the stock right around 78.
Sold SVXY SEP 1 2017 81.75 Calls @ 0.68
Sold SVXY SEP 1 2017 82.25 Calls @ 0.54
Sold SVXY SEP 1 2017 82.5 Calls @ 0.45.
These replace some similar calls from this week
$SVXY #ShortPuts #IRA #RollDown -split…
$SVXY #ShortPuts #IRA #RollDown -split my remaining ITM short puts into two pieces to spread the risk on the opening this morning.
Bought to close SVXY AUG 25 2017 79.0 Puts @ 2.03 – took a nice gain on these
Sold SVXY Sep 1 2017 76.0 Puts @ 2.13
Sold SVXY Sep 8 2017 73.0 Puts @ 2.13
$FSLR #ShortPuts – Bought to…
$FSLR #ShortPuts – Bought to close FSLR SEP 15 2017 22.5 Puts @ 0.01. They won’t trade any lower
#OptionsExpiration #Weeklys #Aug25 – A…
#OptionsExpiration #Weeklys #Aug25 – A few positions other than volatility trades this week –
$ANF $AZO $CMG $HP $M $TRIP with a couple of profitable assignments.
Of course volatility trades dominated the action as almost all Puts and Calls expired worthless in $SVXY and all the calls in $UVXY expired.
— Expired —
AZO (Weekly) Aug 25 2017 610 Calls
DUST (Weekly) Aug 25 2017 25 Puts
CMG (Weekly) Aug 25 2017 290 Puts
CMG (Weekly) Aug 25 2017 292.5 Puts
CMG (Weekly) Aug 25 2017 295 Puts
HES (Weekly) Aug 25 2017 36.5 Puts
NUGT (Weekly) Aug 25 2017 36 Calls (Covered)
SVXY (Weekly) Aug 25 2017 45 Puts
SVXY (Weekly) Aug 25 2017 47.5 Puts
SVXY (Weekly) Aug 25 2017 50 Puts
SVXY (Weekly) Aug 25 2017 55 Puts
SVXY (Weekly) Aug 25 2017 61 Puts
SVXY (Weekly) Aug 25 2017 62 Puts
SVXY (Weekly) Aug 25 2017 65 Puts
SVXY (Weekly) Aug 25 2017 67.5 Puts
SVXY (Weekly) Aug 25 2017 68 Puts
SVXY (Weekly) Aug 25 2017 71 Puts
SVXY (Weekly) Aug 25 2017 81 Calls (Covered)
SVXY (Weekly) Aug 25 2017 81.5 Calls (Covered)
SVXY (Weekly) Aug 25 2017 82 Calls (Covered)
SVXY (Weekly) Aug 25 2017 82.5 Calls
SVXY (Weekly) Aug 25 2017 85 Calls
SVXY (Weekly) Aug 25 2017 85.5 Calls
SVXY (Weekly) Aug 25 2017 86 Calls
SVXY (Weekly) Aug 25 2017 87 Calls
SVXY (Weekly) Aug 25 2017 88 Calls
UAA (Weekly) Aug 25 2017 24 Calls (Covered)
UAA (Weekly) Aug 25 2017 25 Calls (Covered)
UVXY (Weekly) Aug 25 2017 46 Calls
UVXY (Weekly) Aug 25 2017 46.5 Calls
UVXY (Weekly) Aug 25 2017 47 Calls
UVXY (Weekly) Aug 25 2017 60 Calls
UVXY (Weekly) Aug 25 2017 68 Calls
UVXY (Weekly) Aug 25 2017 69 Calls
UVXY (Weekly) Aug 25 2017 70 Calls
UVXY (Weekly) Aug 25 2017 71 Calls
UVXY (Weekly) Aug 25 2017 72 Calls
UVXY (Weekly) Aug 25 2017 73 Calls
UVXY (Weekly) Aug 25 2017 74 Calls
UVXY (Weekly) Aug 25 2017 75 Calls
UVXY (Weekly) Aug 25 2017 76 Calls
UVXY (Weekly) Aug 25 2017 77 Calls
UVXY (Weekly) Aug 25 2017 91 Calls
UVXY 25/100 (Weekly) Aug 25 2017 12 Calls (Covered)
UVXY 25/100 (Weekly) Aug 25 2017 20 Calls
— Assignments —
ANF (Weekly) Aug 25 2017 11 Calls (Covered) – got this stock last week on assignment
DUST (Weekly) Aug 25 2017 33 Puts – going long with a cost basis below 29
M (Weekly) Aug 25 2017 21 Calls (Covered) – got this stock last week on assignment
TRIP (Weekly) Aug 25 2017 40 Calls (Covered) – finally out of part of a long
$FOSL $SIG $DVN – taking…
$FOSL $SIG $DVN – taking a few short puts off at nice gains. Will reload on the next leg lower in the market.
Bought to close FOSL SEP 29 2017 7.5 Puts @ 0.30
Bought to close 1 SIG OCT 20 2017 40.0 Put @ 0.20
Bought to close 1 DVN OCT 20 2017 28.0 Put @ 0.51
$CMG #ShortPuts – Sold 1…
$CMG #ShortPuts – Sold 1 CMG AUG 25 2017 290.0 Put @ 1.20 with the stock at 296.87. This expires Friday
$CMG #ShortPuts – Sold 1…
$CMG #ShortPuts – Sold 1 CMG AUG 25 2017 292.5 Put @ 1.20 with the stock at 300.16. This expires Friday
$UVXY #ShortCalls – mid week…
$UVXY #ShortCalls – mid week sales for this week’s expiration with the stock at 33.08.
Sold UVXY AUG 25 2017 46.5 Calls @ 0.25
Sold UVXY AUG 25 2017 47.0 Calls @ 0.24
Strikes are above the stock peak on 8/11 of 45.73
$DVN #ShortPuts #FallingKnife – Sold…
$DVN #ShortPuts #FallingKnife – Sold 1 DVN JAN 19 2018 26.0 Put @ 1.12 with the stock at 30.20.
The 1-year low is 28.79
$GWW #CoveredCalls – Sold GWW…
$GWW #CoveredCalls – Sold GWW SEP 15 2017 175.0 Calls @ 0.45 with the stock at 163.94
$SVXY #CoveredCalls – after hours…
$SVXY #CoveredCalls – after hours fills as the stock rises above the 79.18 HOD.
I’m done selling covered Calls for now.
— for this week —
Sold SVXY Aug 25 2017 81.5 Calls @ 0.38
Sold SVXY Aug 25 2017 82.0 Calls @ 0.52
— for next week —
Sold 1 SVXY Sep 1 2017 83.0 Call @ 1.17
Sold 1 SVXY Sep 1 2017 83.5 Call @ 1.02
Sold SVXY Sep 1 2017 84.0 Calls @ 0.80
Sold SVXY Sep 1 2017 84.5 Calls @ 0.70
$SVXY #ShortPuts #IRA – I’m…
$SVXY #ShortPuts #IRA – I’m rolling more puts with big gains in them.
Bought to close SVXY Aug 25 2017 80.0 Puts/Sold SVXY Sep 8 2017 75.0 Puts @ 0.50 Credit
Originally sold at 11.42 on a rollout on Aug 11.
$SVXY #ShortPuts #IRA – echoing…
$SVXY #ShortPuts #IRA – echoing Jeff’s concerns about this being a head fake rally I’m rolling more of my ITM and near ITM puts with big gains in them.
Bought to close SVXY Aug 25 2017 79.0 Puts/Sold SVXY Sep 15 2017 69.0 Puts @ 0.20 Credit – a 10 point improvement.
Originally sold at 10.32 on another rolldown
$M #CoveredCalls – Sold M…
$M #CoveredCalls – Sold M AUG 25 2017 21.0 Calls @ 0.11. Not much premium but these expire in 3 days and I can do it again.
Or … I’ll accept assignment
$SVXY #ShortPuts #Rolldown – after…
$SVXY #ShortPuts #Rolldown – after a double dip below 70 last week I’m rolling down my highest strike puts for this week.
Bought to close SVXY Aug 25 2017 79.0 Puts/Sold SVXY Sep 15 2017 74.0 Puts @ 1.10 Credit.
With the extra income from the roll I’ve lowered my breakeven 6 points.
These 79’s were rolled down from Aug 11 81’s on 8/11 for a credit and were sold at 7.37.
So far, rolling SVXY puts is working because of the big forward premium.
$SVXY #CoveredCalls – Adding to…
$SVXY #CoveredCalls – Adding to my trades from this morning with the stock nearing 79
Sold SVXY Sep 1 2017 83.5 Calls @ 0.90
Sold SVXY Sep 1 2017 84.0 Calls @ 0.70
Sold SVXY Sep 1 2017 84.5 Calls @ 0.60
$UVXY #ShortCalls #ClassicVXXGame – on…
$UVXY #ShortCalls #ClassicVXXGame – on 08/09/2017 I sold the first of several UVXY Mar 16 2018 60.0 Calls @ 10.10.
I’ve covered the first of those at 8.50, since I was also able to sell Mar 82 Calls and Mar 91 Calls for more than 8.50.
I’ll try to cover another one a point lower.
$SVXY #CoveredCalls – Adding to…
$SVXY #CoveredCalls – Adding to my trades from this morning with the stock nearing 78
Sold SVXY Sep 1 2017 83.5 Calls @ 0.70
Sold SVXY Sep 1 2017 84.0 Calls @ 0.60
$SVXY #CoveredCalls – Adding to…
$SVXY #CoveredCalls – Adding to my trades from this morning with the stock peeking above 77
Sold SVXY Aug 25 2017 81.0 Calls @ 0.37
Sold SVXY Aug 25 2017 82 Calls @ 0.21
Sold SVXY Sep 1 2017 83.0 Calls @ 0.80
$SVXY #CoveredCalls – sold some…
$SVXY #CoveredCalls – sold some to replace the ones that expired last week.
Sold SVXY Aug 25 2017 81.0 Calls @ 0.26
Sold SVXY Aug 25 2017 81.5 Calls @ 0.26
Sold SVXY Sep 1 2017 83.0 Calls @ 0.70
Sold SVXY Sep 1 2017 83.5 Calls @ 0.60
$FLR #ShortPuts – Sold FLR(Weekly)…
$FLR #ShortPuts – Sold FLR(Weekly) Sep 29 2017 35.0 Puts @ 0.60 with the stock at 37.14
$HES #ShortPuts – Sold HES(Weekly)…
$HES #ShortPuts – with the stock at 37.94
Sold HES(Weekly) Aug 25 2017 36.5 Puts @ 0.25
Sold HES(Weekly) Sep 22 2017 34.0 Puts @ 0.53
$CMG #ShortPuts – Sold CMG(Weekly)…
$CMG #ShortPuts – Sold CMG(Weekly) Aug 25 2017 295.0 Puts @ 1.20 with the stock at 308.48
$ANF #CoveredCalls – Sold ANF(Weekly)…
$ANF #CoveredCalls – Sold ANF(Weekly) AUG 25 2017 11.0 Calls @ 0.15 with the stock at 9.31
$PANW #ShortPuts – Bought to…
$PANW #ShortPuts – Bought to close PANW Sep 15 2017 80.0 Puts @ 0.05. They won’t trade any lower and there are still a four weeks until expiration.
Originally sold in March at 1.35 and April at 1.55.
$SVXY #ShortPuts #Rolldown – with…
$SVXY #ShortPuts #Rolldown – with only 5 minutes of trading left it’s time to move more positions.
Bought to close SVXY Aug 18 2017 71.5 Puts/Sold SVXY Aug 25 2017 62.0 Puts @ 0.19 Credit
Bought to close SVXY Aug 18 2017 71.0 Puts/Sold SVXY Aug 25 2017 61.0 Puts @ 0.55 Credit
$SVXY #ShortPuts #Rolldown – with…
$SVXY #ShortPuts #Rolldown – with only 30 minutes of trading left it’s time to move some positions.
Bought to close SVXY Aug 18 2017 72.0 Puts/Sold SVXY Aug 25 2017 65.0 Puts @ 0.06 Credit
Bought to close SVXY Aug 18 2017 73.0 Puts/Sold SVXY Aug 25 2017 68.0 Puts @ 0.19 Credit
Bought to close SVXY Aug 18 2017 74.0 Puts/Sold SVXY Aug 25 2017 71.0 Puts @ 0.15 Credit.
Only needed to move out 1 week because these were not in the money very much.
I didn’t take the stock because I have plenty already.
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY SEP 1 2017 91.0 Calls @ 0.91 with the stock at 40.20.
$SVXY #ShortPuts #Rolldown – it’s…
$SVXY #ShortPuts #Rolldown – it’s too bad SVXY imploded yesterday or this one would have expired.
Bought to close SVXY Aug 18 2017 79.0 Puts/Sold SVXY Sep 15 2017 75.0 Puts @ 0.05 Credit.
Lowering the strike price 4 points and giving this one plenty of time to work.
$UVXY #ShortCalls #Speculation – I’ve…
$UVXY #ShortCalls #Speculation – I’ve got this week’s 46.0 through 51.5 Calls expiring in two hours (I hope).
Replacing Them with Calls for Next week 20+ points higher.
Sold UVXY Aug 25 2017 75.0 Calls @ 0.51.
Sold UVXY Aug 25 2017 76.0 Calls @ 0.53.
Sold UVXY Aug 25 2017 77.0 Calls @ 0.55.
UVXY #ShortStrangle – Sold 1…
UVXY #ShortStrangles – Sold 1 UVXY Sep 8 2017 25/85 Strangle @ 2.04 with the stock at 40.97.
The put side of the strangle traded higher than yesterday even though the stock is several points higher.
$HES #ShortPuts – Bought to…
$HES #ShortPuts – Bought to close HES Aug 18 2017 40.0 Puts @ 0.95 to avoid assignment tonight.
The Puts are still in the money by a point.
Originally sold on 03/08/2017 @ 1.30.
Another case of wrong on the stock but right on the option.
$DUST #ShortPuts – Bought to…
$DUST #ShortPuts – Bought to close DUST AUG 18 2017 25.5 Puts @ 0.05 to avoid possible assignment.
They won’t trade any lower and were ITM just a few hours ago.
$VIX $SVXY $UVXY – areas…
$VIX $SVXY $UVXY – areas to watch for a reversal to hold
$VIX – needs to get below 14.70
$UVXY – needs to get below 36.30
SSVXY needs to get above 73
UVXY #ShortStrangle – Sold 1…
UVXY #ShortStrangles – Sold 1 UVXY Sep 8 2017 25/80 Strangle @ 2.04 with the stock at 38.91.
The put side of the strangle traded higher than yesterday even though the stock is several points higher.
Crazy market 🙂
$UVXY #ShortCall – Sold 1…
$UVXY #ShortCalls – Sold 1 UVXY SEP 8 2017 91.0 Call @ 1.32,
Highest strike
$UVXY #ShortStrangle – as this…
$UVXY #ShortStrangles – as the day went on I sold several small positions
Sold 1 UVXY Sep 8 2017 25/60 Strangle @ 2.04 with the stock at 34.60
Sold 1 UVXY Sep 8 2017 25/65 Strangle @ 2.04 with the stock at 35.15
Sold 1 UVXY Sep 8 2017 25/70 Strangle @ 2.04 with the stock at 35.65
Sold 1 UVXY Sep 8 2017 25/75 Strangle @ 2.04 with the stock at 36.98
The calls were exploding but the put price was pretty static