$NUGT #CoveredCalls – selling some…

$NUGT #CoveredCalls – selling some call a bit above my breakeven points
Sold NUGT Jan 20 2017 11.5 Calls @ 0.20
Sold NUGT Jan 20 2017 12.0 Calls @ 0.14.
Both of these expire this week.

$NUGT #ShortPuts – Bought to close NUGT JAN 20 2017 7.5 Puts @0.01.

Sold NUGT Feb 3 2017 8.0 Puts @ 0.30

Sold NUGT Feb 10 2017 7.5 Puts @ 0.31

$RH #ShortPuts – Bought to close RH JAN 20 2017 27.5 Puts @0.05

$NUGT #LongStock – finally out…

$NUGT #LongStock – finally out of a position I acquired in early November via Put assignment at gain.
Sold NUGT @ 10.70.
I’ll switch back to writing Puts.

$UVXY #ShortCalls #VXXGame – Top…

$UVXY #ShortCalls #VXXGame – Top of the chain for 100 share contracts
Sold UVXY Jan 20 2017 40.0 Calls @ 0.22
Sold UVXY Jan 27 2017 40.5 Calls @ 0.71
Sold 1 UVXY Feb 3 2017 40.5 Calls @ 1.37
Sold 1 UVXY Feb 10 2017 40.5 Calls @ 2.06
Sold 1 UVXY Feb 17 2017 40.0 Calls @ 2.85
Sold 1 UVXY Feb 24 2017 40.5 Calls @ 3.05

#OptionsExpiration #Weeklys #Jan13 – not…

#OptionsExpiration #Weeklys #Jan13 – not an ideal expiration cycle, with SVXY too high and DUST and UVXY too low during the week. Still, mostly profitable.

— Expirations —
CF (Weekly) Jan 13 2017 35 Calls (Covered)
DUST (Weekly) Jan 13 2017 30 Puts
DUST (Weekly) Jan 13 2017 35 Puts
MYL (Weekly) Jan 13 2017 40 Calls (Covered)
NUGT (Weekly) Jan 13 2017 11 Calls (Covered)
NUGT (Weekly) Jan 13 2017 11.5 Calls (Covered)
NUGT (Weekly) Jan 13 2017 12 Calls (Covered)
NUGT (Weekly) Jan 13 2017 7 Puts
SVXY (Weekly) Jan 13 2017 60 Puts
SVXY (Weekly) Jan 13 2017 65 Puts
SVXY (Weekly) Jan 13 2017 108 Calls
UVXY (Weekly) Jan 13 2017 10 Calls (Covered)
UVXY (Weekly) Jan 13 2017 10.5 Calls (Covered)
UVXY (Weekly) Jan 13 2017 11 Calls (Covered)
UVXY (Weekly) Jan 13 2017 11.5 Calls (Covered)
UVXY (Weekly) Jan 13 2017 12 Calls
UVXY (Weekly) Jan 13 2017 12.5 Calls
UVXY (Weekly) Jan 13 2017 13 Calls

— Assignments —
UVXY (Weekly) Jan 13 2017 6.5 Puts
UVXY (Weekly) Jan 13 2017 9 Puts
UVXY (Weekly) Jan 13 2017 9.5 Puts

$SVXY #ShortCalls – after the…

$SVXY #ShortCalls – after the bell, Bought to close 1 SVXY Jan 13 2017 107.0 Call @ 0.31 to avoid assignment
Originally sold at 1.50 on 1/09/17

$UVXY #ShortCalls – Sold UVXY…

$UVXY #ShortCalls – Sold UVXY JAN 20 2017 40.0 Calls @ 0.27.
If UVXY goes up 33% in a week, where will SVXY be trading??

edit: Plus the market is closed on Monday so another short trading week.

$SVXY #ShortCalls – Bought to…

$SVXY #ShortCalls – Don’t trust it, don’t trust it, don’t trust it !!
Bought to close 3 SVXY Jan 13 2017 110.0 Calls @ 0.01
Sold 1/11 @ 0.39
Bought to close 2 SVXY Jan 13 2017 109.0 Calls @ 0.01
Sold 1/11 @ 0.57

$UVXY #ShortCalls #TopOfTheChain (at least…

$UVXY #ShortCalls #TopOfTheChain (at least for now)
Sold UVXY JAN 27 2017 40.5 Calls @ 0.85
Sold 1 UVXY FEB 3 2017 40.5 Call @ 1.45

$SVXY #ShortCalls #TopOfTheChain – with…

$SVXY #ShortCalls #TopOfTheChain – with the stock at 107
Sold 1 SVXY JAN 19 2018 200.0 Call @ 6.60
Sold 1 SVXY JAN 18 2019 200.0 Call @ 19.0

$DUST #ShortPuts – Sold DUST…

$DUST #ShortPuts – Sold DUST FEB 17 2017 25.0 Puts @ 1.40 with the stock at 36.81

$NUGT #ShortPuts – Bought to…

$NUGT #ShortPuts – Bought to close NUGT JAN 13 2017 7.0 Puts @ 0.01. It won’t trade any lower in these IRA accounts. Covering since movements in NUGT tend to be sharp and unpredictable.

It’s convenient that these are now trading in penny increments.

$SVXY #ShortCalls #TopOfTheChain – Sold…

$SVXY #ShortCalls #TopOfTheChain – Sold 1 SVXY JAN 19 2018 200.0 Call @ 6.10. Added to my position.

$NUGT #CoveredCalls – sold all…

$NUGT #CoveredCalls – sold all these Monday morning, replacing similar calls that expired last Friday.
All These expire at the end of the week.
Sold NUGT Jan 13 2017 11 CALLS @ 0.24
Sold NUGT Jan 13 2017 11.5 CALLS @ 0.15
Sold NUGT Jan 13 2017 12 CALLS @ 0.10

$SVXY #ShortCalls #TopOfTheChain – Sold…

$SVXY #ShortCalls #TopOfTheChain
Sold 1 SVXY JAN 19 2018 200.0 Call @ 5.90
Sold 1 SVXY JAN 18 2019 200.0 Call @ 18.0

$SVXY #ShortCalls #OptionLadder – given…

$SVXY #ShortCalls #OptionLadder – given what this stock has done recently, this is a bit of a speculation.
Sold 1 SVXY JAN 13 2017 107.0 Call @ 1.50
Sold 1 SVXY JAN 20 2017 110.0 Call @ 1.50
Sold 1 SVXY JAN 27 2017 113.0 Call @ 1.50

#OptionsExpiration #Weeklys #Jan6 – A…

#OptionsExpiration #Weeklys #Jan6 – A somewhat light week for options expirations. $SVXY and $NUGT had big upside moves, and $UVXY and $DUST both declined sharply before bouncing on Friday.

Luckily I had previously covered my UVXY 7 puts at a penny before this week’s pullback. I rolled in the money DUST puts down a few strike prices, but I did it on the opening and would have done better if I had waited out the day.

–Expirations–
CF (Weekly) Jan 6 2017 35 Calls (Covered)
DUST (Weekly) Jan 6 2017 35 Puts
DUST (Weekly) Jan 6 2017 85 Calls
MYL (Weekly) Jan 6 2017 40 Calls (Covered)
NUGT (Weekly) Jan 6 2017 7 Puts
NUGT (Weekly) Jan 6 2017 10.5 Calls (Covered)
NUGT (Weekly) Jan 6 2017 11 Calls (Covered)
NUGT (Weekly) Jan 6 2017 12 Calls (Covered)
SVXY (Weekly) Jan 6 2017 75 Puts
UVXY (Weekly) Jan 6 2017 10.5 Calls (Covered)
UVXY (Weekly) Jan 6 2017 11 Calls (Covered)
UVXY (Weekly) Jan 6 2017 11.5 Calls (Covered)
UVXY (Weekly) Jan 6 2017 20 Calls

–Assignments —
DUST (Weekly) Jan 6 2017 40 Puts (Covered) – assignment takes me out of a short stock position at a nice gain.

$DUST #ShortPuts #RollOut – I’ve…

$DUST #ShortPuts #RollOut – I’ve rolled all my short Puts expiring today with strike prices in the mid 40’s out a month and down to strike prices in the high 30’s for small credits.
Boy was I early on those trades 😦

$UAA #CoveredCalls – Sold UAA…

$UAA #CoveredCalls – Sold UAA FEB 17 2017 35.0 Calls @ 0.35

#OptionsExpiration #Weeklys #Dec30 – Getting…

#OptionsExpiration #Weeklys #Dec30 – Getting closer to cash on this last expiration cycle of 2016. With this expiration I’m selling ALL of my long SVXY position and replacing it with short SVXY Puts. I’ve been in this stock position from the mid-50s and the gain is long term.
We haven’t seen a correction since the election and I’m fairly confident we will see one pretty soon. But I’ve been wrong before.

Happy new year to everyone in the forums.

— Expirations —
ALXN (Weekly) Dec 20 2016 95 Puts
CF (Weekly) Dec 20 2016 35 Calls (Covered)
CVS (Weekly) Dec 20 2016 75 Puts
DUST (Weekly) Dec 20 2016 31.5 Puts
DUST (Weekly) Dec 20 2016 38 Puts
DUST (Weekly) Dec 20 2016 45 Puts
DUST (Weekly) Dec 20 2016 85 Calls
ILMN (Weekly) Dec 20 2016 105 Puts
MNK (Weekly) Dec 20 2016 45 Puts
MRVL (Weekly) Dec 20 2016 15 Calls (Covered)
MYL (Weekly) Dec 20 2016 40 Calls (Covered)
SDRL (Weekly) Dec 20 2016 4 Calls (Covered)
SVXY (Weekly) Dec 20 2016 59.5 Puts
SVXY (Weekly) Dec 20 2016 62 Puts
SVXY (Weekly) Dec 20 2016 78 Puts
SVXY (Weekly) Dec 20 2016 95 Calls (Covered)
SVXY (Weekly) Dec 20 2016 100 Calls
UVXY (Weekly) Dec 20 2016 19 Calls (Covered)
UVXY (Weekly) Dec 20 2016 19.5 Calls (Covered)
UVXY (Weekly) Dec 20 2016 20.5 Calls (Covered)
UVXY (Weekly) Dec 20 2016 26 Calls (Covered)
UVXY (Weekly) Dec 20 2016 26.5 Calls (Covered)

— Assignments —
CF (Weekly) Dec 20 2016 30 Calls (Covered)
SVXY (Weekly) Dec 20 2016 90 Calls (Covered)

$NUGT #ShortPuts – who thought…

$NUGT #ShortPuts – who thought with the stock above 9 this morning I would have to roll these
Bought to close NUGT Dec 30 2016 8 Puts / Sold NUGT Jan 20 2017 6.5 Puts @ 0.05 Credit.
Made a nice gain on the strike 8 puts I covered.

$SVXY – So my goal…

$SVXY – So my goal of getting out of my stock position will only be partly met. When the stock dipped under 91 I cancelled all my sell orders on the stock and tried to take advantage of the big spreads on the expiring strike 90 calls.
I covered up 7000 of my 9000 share at about 1.30. The stock is now 90.30 so they will hopefully get assigned.
In the meantime, I’ve sold many more SVXY Puts for all available expirations, mostly in the 55 to 65 strike price range (too many to list here LOL).
Everyone have a great holiday weekend.
THE Iceman

$SVXY #ShortPuts #OptionLadder – added…

$SVXY #ShortPuts #OptionLadder – added more short puts
Sold SVXY Feb 17 2017 55.0 Puts @ 0.80
Sold SVXY Mar 17 2017 55.0 Puts @ 1.65
Sold SVXY Jun 16 2017 55.0 Puts @ 3.80

$SVXY #ShortCalls #Rollup – Bought…

$SVXY #ShortCalls #Rollup – Bought to close SVXY Dec 30 2016 86 Calls / Sold SVXY Jan 27 2017 92.5 Calls @ 0.10 Credit.
Earned all of the strike 86 time premium and pushed the strike up to an at the money strike.

$DUST #ShortPuts – Some small…

$DUST #ShortPuts – Some small trades in an IRA account that is also short NUGT Puts
Sold DUST JAN 20 2017 30.0 Puts @ 0.90
Sold 1 DUST JAN 27 2017 30.0 Put @ 1.25
Sold 1 DUST FEB 17 2017 25.0 Put @ 1.10
Sold 1 DUST JAN 19 2018 25.0 Put @ 8.75 – this was an off the wall trade that could be a big winner

$DUST #ShortPuts – I’m forced…

$DUST #ShortPuts – I’m forced to roll some puts that I was too aggressive with (partially covered with short stock)
Bought to close DUST Dec 30 2016 49.0 Puts / Sold DUST Jan 13 2017 43.0 Puts @ 0.88 Credit.
I feel pretty good about the new position plus I have more cash in my account.

$NUGT #CoveredCalls – got a…

$NUGT #CoveredCalls – got a nice chance to sell next week’s calls when the stock hit 9.
Only 4 trading days next week.
Sold NUGT Jan 6 2017 10.5 Calls @ 0.15
Sold NUGT Jan 6 2017 11.0 Calls @ 0.10
Sold NUGT Jan 6 2017 12.0 Calls @ 0.05

$DUST #ShortPuts – with the…

$DUST #ShortPuts – with the stock hovering just above 40 I sold all these this morning.
Sold DUST JAN 6 2017 35.0 Puts @ 0.50
Sold DUST JAN 13 2017 30.0 Puts @ 0.40
Sold DUST JAN 20 2017 25.0 Puts @ 0.30
Sold DUST JAN 20 2017 30.0 Puts @ 0.90
Sold DUST JAN 27 2017 25.0 Puts @ 0.60
Sold DUST JAN 27 2017 30.0 Puts @ 1.25
Sold DUST FEB 17 2017 25.0 Puts @ 1.40

$SVXY #ShortPuts – I plan…

$SVXY #ShortPuts – I plan on liquidating all my long SVXY today in a year end Tax trade(LT Capital Gain).
Aggressively selling puts to offset the short calls I’m carrying out to 2019.
Sold SVXY Jan 6 2017 75.0 Puts @ 0.21
Sold SVXY Jan 13 2017 60.0 Puts @ 0.15
Sold SVXY Jan 20 2017 55.0 Puts @ 0.20
Sold SVXY Jan 20 2017 60.0 Puts @ 0.40
Sold SVXY Jan 20 2017 65.0 Puts @ 0.60
Sold SVXY Feb 17 2917 50.0 Puts @ 0.50
Sold SVXY Feb 17 2917 55.0 Puts @ 0.77
and the big kahunas ….
Sold SVXY Jun 16 2017 55.0 Puts @ 3.70
Sold SVXY Jan 19 2018 40.0 Puts @ 3.80
Sold SVXY Jan 19 2018 55.0 Puts @ 8.40

$SVXY #ShortCalls – Bought to…

$SVXY #ShortCalls – Bought to close SVXY Dec 30 2016 95.0 Calls @ 0.05.
Not willing to risk a late day VIX collapse.
Finally made some good money on some SVXY Call sales.

$DUST #ShortPuts – I already…

$DUST #ShortPuts – I already have positions in these, and since I WILL BE HOLDING until late on the expiration day before rolling or closing them out, I added 1 more contract to each position.
DUST did break below 45 at the close.
Sold 1 DUST Dec 30 2016 45.0 Put @ 1.60 – risky !!
Sold 1 DUST Jan 6 2017 40.0 Put @ 1.65
Sold 1 DUST Jan 13 2017 35.0 Put @ 1.15.

I’m enjoying the rally in NUGT while all this goes on….

$UVXY #ShortCalls #ClassicVXXGame – with…

$UVXY #ShortCalls #ClassicVXXGame – with still OVER A YEAR to go until expiration, this shows the power of the #VXXGame dynamic. These were pre-split contracts and were never in any danger of trading any higher after they were sold.
Bought to close UVXY2 Jan 19 2018 115.0 Calls @ 0.01. They won’t trade any lower.
Originally sold in mid June 2016 at 4.25. I sure wish I had sold more than 4 of them 🙂

$UVXY #ShortCalls #VXXGame – getting…

$UVXY #ShortCalls #VXXGame – getting ready for the pending reverse split. These will be much less liquid after that.
All are at the highest available strike prices.
Sold UVXY FEB 17 2017 18.0 Calls @ 0.43
Sold UVXY JUN 16 2017 35.0 Calls @ 0.95
Sold UVXY JAN 19 2018 60.0 Calls @ 1.20
Sold UVXY JAN 18 2019 24.0 Calls @ 3.90 -#ClassicVXXGame

$UVXY $ShortCalls – Bought to…

$UVXY $ShortCalls – Bought to close UVXY JAN 20 2017 60.0 Calls @ 0.01. They won’t trade any lower.
Originally sold in August and September at an average of 4.15

$UVXY #CoveredCalls – Sold UVXY…

$UVXY #CoveredCalls
Sold UVXY JAN 13 2017 11.5 Calls @ 0.31
Sold UVXY JAN 13 2017 12.5 Calls @ 0.22

$UVXY #ShortPuts – Bought to…

$UVXY #ShortPuts – Bought to close UVXY DEC 30 2016 7.5 Puts @ 0.01
VIX spikes can run out of gas really fast, so I’m taking the nice gain and switching back to Calls

$NUGT #ShortPuts – Bought to…

$NUGT #ShortPuts – Bought to Close NUGT JAN 6 2017 5.5 Puts @ 0.03 (on a 0.05 Limit).
No commission
Originally sold on 12/15/16 at 0.60

$DUST $ShortPuts #OptionLadder – Now…

$DUST $ShortPuts #OptionLadder – Now I’ve sold these as DUST hits 47
Sold DUST Jan 6 2017 40.0 Puts @ 0.80
Sold DUST Jan 13 2017 35.0 Puts @ 0.70
Sold DUST Jan 27 2017 30.0 Puts @ 0.90
Sold DUST Jan 27 2017 25.0 Puts @ 0.30

$DUST $ShortPuts #OptionLadder – sold…

$DUST $ShortPuts #OptionLadder – sold these on the spike in the gold miners
Sold DUST Dec 30 2016 45.0 Puts @ 0.40 – these expire tomorrow
Sold DUST Jan 6 2017 41.0 Puts @ 0.65
Sold DUST Jan 20 2017 35.0 Puts @ 0.90
Sold DUST Jan 27 2017 30.0 Puts @ 0.65

$DUST #ShortCalls – Bought to…

$DUST #ShortCalls – Bought to close 1 DUST Jan 6 85.0 Call @ 0.05. It won’t trade any lower.
Sold on 12/15/16 at 5.70

$SVXY #ShortCalls #TaxPlanning – covered…

$UVXY #ShortCalls #TaxPlanning – covered another big position to move the gain into this tax year.

Bought to close 18 UVXY Jan 20 2017 (Pre split) 170 Calls @ 0.01 (no commission)
Here are my entry prices when I sold:
1/7/2016 @ 12
1/8/2016 @ 13
1/11/2016 @ 14.50
1/19/2016 @ 16
1/19/2016 @ 17
1/20/2016 @ 20.10

This was perhaps my best #VXXGame trade EVER !!

$DUST #ShortPuts – Sold DUST…

$DUST #ShortPuts – Sold DUST Jan 20 2017 35.0 Puts @ 0.50 with the stock at 55.35.
This account is long NUGT stock so we are hoping that NUGT goes up if DUST drops by 20 points.

$UVXY #ShortCalls – Sold UVXY…

$UVXY #ShortCalls – Sold UVXY Jan 6 2017 10.5 Calls @ 0.12.

$UVXY #ShortCalls – Sold UVXY…

$UVXY #ShortCalls – Sold UVXY Jan 13 2017 10.5 Calls @ 0.31.

Strike price a half point higher than my last sale

$CF #CoveredCalls – Sold CF…

$CF #CoveredCalls – Sold CF JAN 20 2017 35.0 Calls @ 0.49.
Over-writing at the 35 strike price for the next several weeks.

$DUST #ShortPuts – Sold DUST…

$DUST #ShortPuts – Sold DUST Jan 6 2017 45.0 Puts @ 0.45 with the stock at 57.09.
Paired with an #OptionLadder in the calls, all sold at the $85 strike price in mid December.

$UVXY #CoveredCalls – Sold UVXY…

$UVXY #CoveredCalls – Sold UVXY Jan 13 2017 10.0 Calls @ 0.31.

If UVXY does make a 27% run to 10, SVXY will have dropped under 85. That will help me more than any UVXY move would hurt me.

$UVXY #ShortCalls #VXXGame – there…

$UVXY #ShortCalls #VXXGame – there was really no need to cover these because they would have expired. But I actually need more gains in this tax year and it was a large position.
Bought to close 70 UVXY JAN 20 2017 60.0 Calls @ 0.01 (no commission).
Originally Sold between Sept and Nov 2016 at an average of 1.25.

#OptionsExpiration #Weeklys #Dec23 – Another…

#OptionsExpiration #Weeklys #Dec23 – Another decent week as volatility remained low, Gold miners behaved, and many positions expired. A couple of assignments at nice gains to raise even more cash.

One final weekly expiration remains in this tax year.

Merry Christmas and happy holidays to all forum members.

— Expirations —
CF (Weekly) Dec 23 2016 31 Calls (Covered)
CF (Weekly) Dec 23 2016 35 Calls (Covered)
CVS (Weekly) Dec 23 2016 80 Calls (Covered)
DUST (Weekly) Dec 23 2016 30 Puts
DUST (Weekly) Dec 23 2016 85 Calls
ILMN (Weekly) Dec 23 2016 110 Puts
SDRL (Weekly) Dec 23 2016 4 Calls (Covered)
SVXY (Weekly) Dec 23 2016 62 Puts
SVXY (Weekly) Dec 23 2016 63 Puts
UAA (Weekly) Dec 23 2016 35 Calls
UVXY (Weekly) Dec 23 2016 18.5 Calls (Covered)
UVXY (Weekly) Dec 23 2016 19 Calls (Covered)
UVXY (Weekly) Dec 23 2016 19.5 Calls (Covered)
UVXY (Weekly) Dec 23 2016 20 Calls (Covered)
UVXY (Weekly) Dec 23 2016 20.5 Calls (Covered)
UVXY (Weekly) Dec 23 2016 25 Calls
UVXY (Weekly) Dec 23 2016 30 Calls
UVXY (Weekly) Dec 23 2016 30.5 Calls
UVXY (Weekly) Dec 23 2016 35 Calls

— Assignments —
CVS (Weekly) Dec 23 2016 78 Calls (Covered)
SVXY (Weekly) Dec 23 2016 95 Calls (Covered)

$SVXY #ShortPuts #VXXGame – as…

$SVXY #ShortPuts #VXXGame – as has been noted here earlier, put premiums are scarce in SVXY.
I’ve rolled some short calls out to June and next two Januarys over the last few days so I’m going to sell some put positions since they cost me nothing in margin terms. I welcome the chance to sell more at higher prices.
Sold SVXY JAN 20 2017 55.0 Puts @ 0.20
Sold SVXY JUN 16 2017 39.0 Puts @ 1.28
Sold SVXY JAN 18 2019 20.0 Puts @ 2.00

$SVXY #ShortCalls #Rollup – another…

$SVXY #ShortCalls #Rollup – another week, another roll. This is getting tiresome.
Bought to close SVXY Dec 23 2016 85.0 Calls/Sold SVXY Jan 27 2016 90.0 Calls @ 0.60 Credit

#Markets #Options #Weeklys – two…

#Markets #Options #Weeklys – two 4 day trading weeks in a row coming up.
The markets are closed the next two Mondays

$UVXY

$UVXY #ShortPuts #Rollout – taking a small gain in this week’s put option position and replacing it with a much lower strike price.
Bought to close UVXY Dec 23 2016 8.0 Puts/Sold UVXY Jan 13 2017 6.5 Puts @ 0.02 Credit.

$SVXY #ShortPuts #Rollup – Bought…

$SVXY #ShortPuts #Rollup – Bought to close 1 SVXY Dec 30 2016 90.0 Call / Sold 1 SVXY JUN 16 2017 120.0 Call @ 1.05 Credit

$SVXY #ShortPuts #Rollup – volatility…

$SVXY #ShortPuts #Rollup – volatility will go up eventually … but I can’t wait as the move from 72 to 98 since the election is pressuring too many short calls.
Bought to close SVXY Dec 30 2016 85.0 Calls / Sold SVXY JUN 16 2017 105.0 Calls @ 1.52 Credit

$SVXY #ShortPuts #Rollup – volatility…

$SVXY #ShortPuts #Rollup – volatility will go up eventually … geesh
Bought to close SVXY Dec 23 2016 85.0 Calls / Sold SVXY Jun 16 2017 110.0 Calls @ 0.10 Credit

$VIX

the VIX index dipped under 11 today. I’m not expecting it to stay this low for long.

$SVXY #ShortCalls #Rollup – not…

$SVXY #ShortCalls #Rollup – not waiting for the stock to run any higher. Rolling this short position up to release margin after earning most of the time premium.
Bought to close SVXY Dec 23 2016 90.0 Calls @ 4.93
Sold SVXY Jan 19 2018 175.0 Calls @ 5.33 – Highest available strike
Someday I’ll be able to pair short puts with these short calls.

#OptionsExpiration #Monthlys #Dec16 – monthly…

#OptionsExpiration #Monthlys #Dec16 – monthly expirations are always big ones.
Plenty of #FallingKnife Put sales expired. $NUGT and $DUST mostly cooperated.
A Huge number pf Volatility trades rolled off ($SVXY Puts and $UVXY Calls).
Only one small put assignment in a decent stock and a large sale of SVXY generated a lot of cash and a big year end profit.

Only 2 more weekly cycles in this tax year.

— Expirations —
AGN Dec 16 2016 175 Puts
AMGN Dec 16 2016 120 Puts
AMGN Dec 16 2016 125 Puts
BMY Dec 16 2016 50 Puts
BMY Dec 16 2016 52.5 Puts
BMY Dec 16 2016 55 Puts
CF Dec 16 2016 30 Calls
CVS Dec 16 2016 69 Puts
CVS Dec 16 2016 75 Puts
CVS Dec 16 2016 80 Calls
DUST Dec 16 2016 35 Puts
DUST Dec 16 2016 70 Calls
DUST Dec 16 2016 90 Calls
ESV Dec 16 2016 6 Puts
FOSL Dec 16 2016 21 Puts
FOSL Dec 16 2016 22 Puts
FSLR Dec 16 2016 30 Puts
ILMN Dec 16 2016 115 Puts
INTC Dec 16 2016 32 Puts
MCO Dec 16 2016 105 Calls (Covered)
RCL Dec 16 2016 55 Puts
SDRL Dec 16 2016 4 Calls (Covered)
SNI Dec 16 2016 50 Puts
SPLS Dec 16 2016 7 Puts

SVXY Dec 16 2016 38 Puts
SVXY Dec 16 2016 39 Puts
SVXY Dec 16 2016 40 Puts
SVXY Dec 16 2016 40 Puts
SVXY Dec 16 2016 41 Puts
SVXY Dec 16 2016 42 Puts
SVXY Dec 16 2016 43 Puts
SVXY Dec 16 2016 44 Puts
SVXY Dec 16 2016 59 Puts
SVXY Dec 16 2016 61 Puts
SVXY Dec 16 2016 61.5 Puts
SVXY Dec 16 2016 62 Puts
SVXY Dec 16 2016 68 Puts
SVXY Dec 16 2016 95 Calls

SWN Dec 16 2016 10 Puts
SWN Dec 16 2016 13 Calls
UAA Dec 16 2016 27.5 Puts
UAA Dec 16 2016 30 Puts
ULTA Dec 16 2016 150 Puts

UVXY Dec 16 2016 15 Calls
UVXY Dec 16 2016 15.5 Calls
UVXY Dec 16 2016 19 Calls
UVXY Dec 16 2016 19.5 Calls
UVXY Dec 16 2016 20 Calls
UVXY Dec 16 2016 20.5 Calls
UVXY Dec 16 2016 21 Calls
UVXY Dec 16 2016 22 Calls
UVXY Dec 16 2016 25 Calls
UVXY Dec 16 2016 26 Calls
UVXY Dec 16 2016 27 Calls
UVXY Dec 16 2016 28 Calls
UVXY Dec 16 2016 40 Calls
UVXY Dec 16 2016 41 Calls
UVXY Dec 16 2016 55 Calls

VRSN Dec 16 2016 65 Puts

— Assignments —
SVXY Dec 16 2016 85 Calls (Covered)
TRIP Dec 16 2016 50 Puts

$SVXY #CoveredCalls #Rollup – Last…

$SVXY #CoveredCalls #Rollup – Last roll of the day
Bought to close SVXY Dec 16 2016 90 Calls/Sold SVXY Mar 17 2017 125.0 Calls @ 0.05 Credit.
Moved the strike up 35 Points and made money on the 90’s so it’s a win-win

$SVXY #ShortCalls #Rollup – still…

$SVXY #ShortCalls #Rollup – still in the money so had to move it –
Bought to close SVXY Dec 16 2016 90 Calls/Sold SVXY Dec 30 2016 95.0 Calls @ 0.65 Credit.
Made money on the 90’s so a win-win

$NUGT #ShortPuts – Bought to…

$NUGT #ShortPuts – Bought to close NUGT Dec 16 2016 6.0 Puts @ 0.04 on a 0.05 limit to avoid possible assignment

$DUST #ShortCalls – Bought to…

$DUST #ShortCalls – Bought to close some of my DUST Dec 16 2016 70.0 Calls @ 0.05 for safety and margin reasons.
The rest will likely expire.

Sold these between 2.15 and 2.30.

$SVXY #VXXGame – I just…

$SVXY #VXXGame – I just noticed that they started strikes on SVXY all the way up to 175 for every expiration. That’s Crazy 🙂

$SVXY #ShortCalls #Rollup – SVXY…

$SVXY #ShortCalls #Rollup – SVXY keeps on running on Fridays.
Bought to close SVXY Dec 16 2016 83.0 Calls/ Sold SVXY Jan 20 2017 88.0 Calls @ 0.15 Credit.

Made all of the time premium on the Dec option and added 5 points to the strike price.

One of these days SVXY will pull back.

$NUGT #ShortPuts #Rollout – Rolled…

$NUGT #ShortPuts #Rollout – Rolled this small position this morning
Bought to close NUGT DEC 16 2016 7.5 Puts/ Sold NUGT JAN 13 2017 7.0 Puts @ 0.05 Net Credit.

Still waiting to see if my last position for today (strike 6’s) will need to be rolled

$DUST #ShortCalls – Adding at…

$DUST #ShortCalls – Adding at the highest strike with the stock is at 70. Staying very small.
Sold 1 DUST Jan 6 2017 85.0 Calls @ 5.70

$SVXY #ShortCalls – Bought to…

$SVXY #ShortCalls – Bought to close SVXY Dec 16 2016 Calls @ 0.05 to release a significant amount of margin.
Originally sold for an average of 1.76

$DUST #ShortCalls – Adding at…

$DUST #ShortCalls – Adding at the highest strike with the stock is at 69.70.
Sold DUST Dec 23 2016 85.0 Calls @ 2.45

$UVXY #ShortPuts – soooooo ……..

$UVXY #ShortPuts – soooooo ….. that didn’t work but I’m getting a good roll so I’m sticking with this small speculation for a bit longer
Bought to close UVXY Dec 16 2016 10.0 Puts / Sold UVXY Dec 30 2016 9.5 Puts for a 0.14 Credit

$DUST #ShortCalls – couldn’t resist…

$DUST #ShortCalls – couldn’t resist any longer. The stock is at 67.50 and all are the highest strike.
Sold DUST Dec 23 2016 85.0 Calls @ 2.20
Sold 1 DUST Dec 30 2016 85.0 Call @ 3.20
Sold 1 DUST Jan 6 2016 85.0 Call @ 4.20
Sold 1 DUST Jan 20 2017 90.0 Call @ 5.60

$VIX /VX $SVXY $UVXY -…

$VIX /VX $SVXY $UVXY – the vix rally looks to be over for today as we have retraced to mid-morning levels. Couldn’t get any options to trade at my limits 😦

$SVXY #ShortPuts – Sold SVXY…

$SVXY #ShortPuts – Sold SVXY Jan 20 2017 55.0 Puts @ 0.70 with the stock at 88.36.
This is an initial position for this contract. I will add aggressively if the price rises.

#VXXGame – I’m hoping today’s…

#VXXGame – I’m hoping today’s peak of 13.14 is not all we get before the Fed meeting announcement.
I need a much higher VIX to get positioned for next year.