$DUST #ShortPuts – Sold DUST Nov 18 2016 37.0 Puts @ 0.25. I did quite a few of these and they expire Friday
Author Archives: Option Iceman
#OptionsExpiration #Weeklys #Nov11 – probably…
#OptionsExpiration #Weeklys #Nov11 – probably the biggest weekly expiration I have ever had.
Since I picked up additional $SVXY at 65 last week, I was very aggressive selling SVXY calls from 76 to 81. They all expired.
$NFLX covered puts got assigned taking me out of the stock I shorted at 123 after earnings. #FallingKnife trades in $AGN AMGN $BMY (all health care related) and $UA worked as well.
$NUGT caught up with my short put speculations but the stock is volatile and covered calls will be easy to sell.
— Expirations —
AGN (Weekly) Nov 11 2016 185 Puts
AMGN (Weekly) Nov 11 2016 135 Puts
BMY (Weekly) Nov 11 2016 45 Puts
NUGT (Weekly) Nov 11 2016 16 Calls (Covered)
SVXY (Weekly) Nov 11 2016 47 Puts
SVXY (Weekly) Nov 11 2016 48 Puts
SVXY (Weekly) Nov 11 2016 49 Puts
SVXY (Weekly) Nov 11 2016 50 Puts
SVXY (Weekly) Nov 11 2016 51 Puts
SVXY (Weekly) Nov 11 2016 52 Puts
SVXY (Weekly) Nov 11 2016 55 Puts
SVXY (Weekly) Nov 11 2016 59 Puts
SVXY (Weekly) Nov 11 2016 76 Calls (Covered)
SVXY (Weekly) Nov 11 2016 77 Calls (Covered)
SVXY (Weekly) Nov 11 2016 78 Calls (Covered)
SVXY (Weekly) Nov 11 2016 79 Calls (Covered)
SVXY (Weekly) Nov 11 2016 80 Calls
SVXY (Weekly) Nov 11 2016 81 Calls
SVXY (Weekly) Nov 11 2016 85 Calls
SVXY (Weekly) Nov 11 2016 90 Calls
UA (Weekly) Nov 11 2016 30 Puts
UVXY (Weekly) Nov 11 2016 25.5 Calls (Covered)
UVXY (Weekly) Nov 11 2016 26 Calls (Covered)
UVXY (Weekly) Nov 11 2016 27 Calls (Covered)
UVXY (Weekly) Nov 11 2016 28 Calls (Covered)
UVXY (Weekly) Nov 11 2016 29 Calls (Covered)
UVXY (Weekly) Nov 11 2016 30 Calls
UVXY (Weekly) Nov 11 2016 31 Calls
UVXY (Weekly) Nov 11 2016 32 Calls
UVXY (Weekly) Nov 11 2016 33 Calls
UVXY (Weekly) Nov 11 2016 35 Calls
UVXY (Weekly) Nov 11 2016 37 Calls
UVXY (Weekly) Nov 11 2016 38 Calls
UVXY (Weekly) Nov 11 2016 39 Calls
UVXY (Weekly) Nov 11 2016 40 Calls
— Assignments —
NFLX (Weekly) Nov 11 2016 119 Puts (Covered) – covering my short stock
NUGT (Weekly) Nov 11 2016 10.5 Puts
NUGT (Weekly) Nov 11 2016 11 Puts
NUGT (Weekly) Nov 11 2016 13.5 Puts
SVXY (Weekly) Nov 11 2016 73 Calls (Covered) – stock bought 5 days ago at 65
SVXY (Weekly) Nov 11 2016 74 Calls (Covered) – profit for a long term stock holding
SVXY (Weekly) Nov 11 2016 75 Calls (Covered) – profit for a long term stock holding
$DUST #ShortCalls – Sold 1…
$DUST #ShortCalls – Sold 1 DUST Nov 18 2016 70.0 Call @ 1.85 with the stock at 56.58. This expires in 5 days.
$DUST #ShortCalls – Sold 1…
$DUST #ShortCalls – Sold 1 DUST Dec 16 2016 70.0 Call @ 6.10 with the stock at 55.95
$SVXY #ShortPuts #ClassicVXXGame #IRA -…
$SVXY #ShortPuts #ClassicVXXGame #IRA – Bought to close 2 SVXY Jan 20 2017 20.0 Puts @ 0.05.
These can’t trade any lower and still have 70 days to run.
Sold both these on 1/15/16. One at 2.80 and a second at 3.40 later that day.
$DUST #ShortCall #Rollup – This…
$DUST #ShortCalls #Rollup – This was out of the money just two days ago but now I have to roll it –
Bought to close DUST Nov 11 2016 37 Calls / Sold DUST Dec 16 2016 40 Calls @ 0.05 Net credit.
$CF #CoveredCalls #Rollup – this…
$CF #CoveredCalls #Rollup – this one seems to have more in the tank.
Bought to close CF NOV 11 2016 27.0 Call / Sold CF NOV 25 2016 28.0 Call @ 0.29 Net Credit
$UVXY #ShortPuts – Bought to…
$UVXY #ShortPuts – Bought to close UVXY Nov 11 2016 13.0 Puts @ 0.01. I don’t trust this stock to stay up.
Sold at an average price of 0.57 earlier this week.
$NUGT #ShortPuts – it looks…
$NUGT #ShortPuts – it looks like we should be prepared for them to undo the last 5 for 1 split soon.
Sold NUGT Nov 11 2016 10.5 Puts @ 0.20 with the stock at 11.26
Sold NUGT Nov 18 2016 10.0 Puts @ 0.45 with the stock at 11.23
$AAPL #ShortPuts – Sold AAPL…
$AAPL #ShortPuts – Sold AAPL Nov 18 2016 102.0 Puts @ 0.48 with the stock at 107.15. These expire in 6 days.
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY Nov 18 2016 28.0 Calls @ 0.16
$NUGT #ShortPuts #ScalpTrade – what…
$NUGT #ShortPuts #ScalpTrade – what ever happened to the idea that Gold was going to spike after the election?
Sold NUGT Nov 11 2016 11.0 Puts @ 0.20 with the stock at 12.10. These expire tomorrow.
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to close some UVXY2 Jan 20 2017 170.0 Calls @ 0.01.
These can’t drop any lower, they still have 72 days until expiration, and I replaced them with calls expiring next week for a lot more premium.
These were sold in September 2015 and Jan 2016 at an average of 14.75. A massive gain. The long stock is currently trading at a lower total price.
$REGN #ShortPut – Bought to…
$REGN #ShortPuts – Bought to close 1 NOV 18 2016 230.0 Put @ 0.05.
This illiquid option was sold during the Brexit spike down on 06/27/16 for 4.75.
Because it is a high priced stock, I covered it a bit early to release margin .
$CVS #CoveredCalls #OptionLadder – Sold…
$CVS #CoveredCalls #OptionLadder – Sold CVS Dec 23 2016 80.0 Calls @ 0.84 with the stock at 75.70.
Adding on to my position.
$CF #CoveredCalls – Sold CF…
$CF #CoveredCalls – Sold CF Nov 18 2016 27.0 Calls @ 0.12 with the stock at 24.99
$BMY #ShortPuts – Bought to…
$BMY #ShortPuts – Bought to close BMY NOV 11 2016 45.0 Puts @ 0.01. They can’t go any lower
$CVS #CoveredCalls #OptionLadder – Sold…
$CVS #CoveredCalls #OptionLadder – Sold CVS Dec 23 2016 80.0 Calls @ 0.67 with the stock at 74.47
$UVXY #ShortCall #VXXGAme – sold…
$UVXY #ShortCalls #VXXGAme – sold only these this morning. A disappointing start. I wanted the VIX much higher.
Sold UVXY Dec 16 2016 55.0 Calls @ 0.60 with the stock at 15.46
Sold UVXY Dec 23 2016 35.0 Calls @ 1.20 with the stock at 15.87
$MYL @CoveredCalls – Sold MYL…
$MYL @CoveredCalls – Sold MYL Jan 20 2017 45.0 Calls @ 0.96 with the stock at 40.01
#Futures /GC started post-market at…
#Futures
/GC started post-market at 1268.1 – topped out 1338.3 – now falling
/VX started post-market at 15.1 – topped out at 23.45 – now falling
/ES started post-market at 2152.50 – bottomed out at 2028.50 –
now recovering
$SVXY – change in aggressiveness…
$SVXY – noting a change in aggressiveness of the calls buyers. The stock just rebounded back over 74 but while the quote on the Nov 11 78.0 calls was 2.00/2.30 earlier, it is now 1.65/2.20.
As for the potential election move, I think a Clinton win is already baked into the market after yesterday’s big move and this morning’s follow thru rally.
I am positioned with giant SVXY strangles for this week. The closest short Puts are at 59.0 and the closest short calls are at 76.0. Of course I picked up a major new long stock position last Friday at 65 so the call side is not an issue for me.
Unless the market gets frisky late today I’m probably done trading until after the election results are in.
$MYL #CoveredCalls – with the…
$MYL #CoveredCalls – with the stock moving up today –
Sold MYL Nov 11 2016 40.0 Calls @ 0.39
Sold MYL Nov 26 2016 42.5 Calls @ 0.25
$CVS #ShortPuts – so …….
$CVS #ShortPuts – so …. I forgot about an old #FallingKnife order I had in and I sold some CVS Dec 16 2016 75.0 Puts at 5.60 on the opening this morning with the stock at 69.51.
To offset this trade and some old Nov 80 short puts I still have, I sold some calls:
Sold CVS DEC 23 2016 80.0 Calls @ 0.52
Sold CVS JAN 20 2017 80.0 Calls @ 0.97
Sold CVS JAN 20 2017 82.5 Calls @ 0.53
$NFLX #CoveredPuts – Sold NFLX…
$NFLX #CoveredPuts – Sold NFLX Nov 11 2016 119.0 Puts @ 0.60.
$SVXY #CoveredCall – Sold 1…
$SVXY #CoveredCalls – Sold 1 SVXY Nov 11 2016 76.0 Call @ 2.50 with the stock at 72.04.
4 days until expiration.
$SVXY #ShortStrangles #VXXGame – premiums…
$SVXY #ShortStrangles #VXXGame – premiums are utterly amazing on these instruments the last two days. Went the strangle route this morning –
Sold SVXY Nov 18 2016 45/85 Strangles @ 0.55 with the stock at 71.25 .
Edit: Oops this was the Nov 18 contract. Corrected the post.
Actually not as a great trade but it will still work.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 11 2016 51.0 Puts @ 0.32 with the stock at 71.18.
These expire Friday.
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Nov 11 2016 81.0 Calls @ 0.60 with the stock at 71.32
These expire in 5 days.
$SVXY #ShortPuts– Sold SVXY Nov…
$SVXY #ShortPuts– Sold SVXY Nov 11 2016 59.0 Puts @ 1.05 with the stock at 70.62.
These expire in 5 days.
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Nov 11 2016 78.0 Calls @ 1.15.
Sold against stock acquired at 65.0 on put assignment Friday.
These expire in 5 days.
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Nov 11 2016 80 Calls @ 0.70. Sold against stock acquired at 65.0 on put assignment Friday.
These expire in 5 days.
$SVXY #ShortPuts – Bought to…
$SVXY #ShortPuts – Bought to close SVXY Weekly Nov 4 2016 64.5 Puts @ 0.05 to avoid possible assignment.
#OptionsExpiration #Weeklys #Nov4 – a…
#OptionsExpiration #Weeklys #Nov4 – a big week in volatility options, as I sold SVXY Puts and UVXY Calls forward on the big move in the VIX.
A nice earnings trade in TAP also, plus more NUGT puts expired.
— Expirations —
AGN Weekly Nov 4 2016 195 Puts
NFLX Weekly Nov 4 2016 119 Puts (Covered)
NFLX Weekly Nov 4 2016 133 Calls
NUGT Weekly Nov 4 2016 10 Puts
NUGT Weekly Nov 4 2016 12.5 Puts
SVXY Weekly Nov 4 2016 57 Puts
SVXY Weekly Nov 4 2016 58 Puts
SVXY Weekly Nov 4 2016 59 Puts
SVXY Weekly Nov 4 2016 60 Puts
SVXY Weekly Nov 4 2016 61 Puts
SVXY Weekly Nov 4 2016 61.5 Puts
SVXY Weekly Nov 4 2016 62 Puts
SVXY Weekly Nov 4 2016 62.5 Puts
SVXY Weekly Nov 4 2016 63 Puts
SVXY Weekly Nov 4 2016 63.5 Puts
SVXY Weekly Nov 4 2016 64 Puts
SVXY Weekly Nov 4 2016 65 Calls (Covered)
SVXY Weekly Nov 4 2016 75 Calls (Covered)
SVXY Weekly Nov 4 2016 81.5 Calls (Covered)
TAP Weekly Nov 4 2016 94.5 Puts
UVXY Weekly Nov 4 2016 21 Calls (Covered)
UVXY Weekly Nov 4 2016 21.5 Calls (Covered)
UVXY Weekly Nov 4 2016 22 Calls (Covered)
UVXY Weekly Nov 4 2016 22.5 Calls (Covered)
UVXY Weekly Nov 4 2016 23 Calls (Covered)
UVXY Weekly Nov 4 2016 23.5 Calls
UVXY Weekly Nov 4 2016 24 Calls
UVXY Weekly Nov 4 2016 29 Calls
UVXY Weekly Nov 4 2016 35 Calls
— Assignments —
SVXY Weekly Nov 4 2016 65 Puts
$UVXY #CoveredCalls #Rollup #IRA -…
$UVXY #CoveredCalls #Rollup #IRA –
Bought to close UVXY Nov 4 2016 21.0 Calls @ 0.03.
SOLD UVXY Nov 11 2016 25.5 Calls @ 1.70
I did this so I could sell these new options today, before the weekend strips the premium away.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 11 2016 48.0 Puts @ 0.60 with the stock at 64.20. This expires next Friday.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 11 2016 49.0 Puts @ 0.70 with the stock at 64.43. This is the NEW contract high and it expires next Friday
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to close 1 UVXY2 JAN 20 2017 170.0 Call @ 0.01.
Nothing more to make here and still 77 days until expiration. Sold on 6/14 at 1.00
This is the pre-split option.
$VIX – closed up yesterday…
$VIX – closed up yesterday for the eighth day in a row. It has never — in 27 years — been up nine days in a row.
Bill Luby
@VIXandMore
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 11 2016 49.0 Puts @ 0.60 with the stock at 65.70. This is the contract high and it expires next Friday.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Jun 16 2017 30.0 Puts @ 2.30 on the open with the stock at 64.88
$SVXY #ShortPuts #OptionLadder – Sold…
$SVXY #ShortPuts #OptionLadder – Sold SVXY Nov 11 2016 48.0 and 47.0 Puts both @ 0.55.
These expire in 6 trading days
$SVXY #ShortPuts #IRA – Sold…
$SVXY #ShortPuts #IRA – Sold SVXY Nov 25 2016 40.0 Puts @ 0.35 with the stock at 65.24
$UVXY #ShortCalls #ClassicVXXGame – Sold…
$UVXY #ShortCalls #ClassicVXXGame – Sold 1 UVXY Jan 19 2018 60.0 Call @ 7.50 with the stock at 19.95
$SVXY #ShortPuts #IRA – Sold…
$SVXY #ShortPuts #IRA – Sold SVXY Dec 2 2016 40.0 Puts @ 0.45 with the stock at 65.64.
Trying to build an #OptionLadder at the 40 Strike for all avail weeklys
$SVXY #ShortPuts #IRA – Sold…
$SVXY #ShortPuts #IRA – Sold 1 SVXY Mar 17 2017 37.0 Put @ 2.40 with the stock at 65.61
$SVXY #ShortPuts #IRA – Sold…
$SVXY #ShortPuts #IRA – Sold SVXY Dec 16 2016 40.0 Puts @ 0.80 with the stock at 65.98
Cash backed so no margin issues.
$UVXY #CoveredCalls #VXXGame – new…
$UVXY #CoveredCalls #VXXGame – new highest strikes trading today. Adding to my positions with the stock at 19.85
Sold 1 UVXY Dec 9 2016 30.5 Call @ 2.14
Sold 1 UVXY Dec 23 2015 30.5 Call @ 2.72
$SVXY #ShortPuts #OptionLadder – Sold…
$SVXY #ShortPuts #OptionLadder – Sold SVXY Nov 11 2016 49.0 Puts @ 0.55 with the stock at 65.70.
These expire in 6 trading days
$UVXY #CoveredCalls #VXXGame – new…
$UVXY #CoveredCalls #VXXGame – new highest strikes trading today
Sold 1 UVXY Dec 9 2016 30.5 Call @ 1.84
Sold 1 UVXY Dec 23 2015 30.5 Call @ 2.40 – new weekly cycle
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 11 2016 50.0 Puts @ 0.55 with the stock at 66.92.
These expire in 6 trading days
$VIX – the 10th longest…
$VIX – the 10th longest $VIX contango streak ended today at 89 consecutive trading days.
$AGN fallingknife
$AGN fallingknife
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 11 2016 50.0 Puts @ 0.45. A gift 😊
$UVXY #ShortCalls – I was…
$UVXY #ShortCalls – I was travelling yesterday and had too many trades to list, but here is what I did this morning –
Sold UVXY NOV 4 2016 23.5 Calls @ 0.11
Sold UVXY NOV 11 2016 35.0 Calls @ 0.32
Sold UVXY NOV 18 2016 45.0 Calls @ 0.24
Sold UVXY JAN 20 2017 60.0 Calls @ 1.25
$AMGN #FallingKnife – under Brexit low. Getting Nov and Dec puts sold today
$AMGN under Brexit low, eyeballing…
$AMGN #FallingKnife – under Brexit low, eyeballing Feb low.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Jan 20 2017 40.0 Puts @ 1.25 with the stock at 71.40
$NUGT #CoveredCalls – Sold NUGT…
$NUGT #CoveredCalls – Sold NUGT Nov 11 2016 16.0 Calls @ 0.60 replacing a similar call that expired Friday
$UVXY #ShortCalls – Sold these…
$UVXY #ShortCalls – Sold these with the stock at 16.50
Sold UVXY NOV 11 2016 31.0 Calls @ 0.33
Sold UVXY NOV 18 2016 41.0 Calls @ 0.26
$TAP #ShortPuts #Earnings – Sold…
$TAP #ShortPuts #Earnings – Sold TAP NOV 4 2016 94.5 Puts @ 0.21. These expire Friday
$TIF #ShortPuts – Bought to…
$TIF #ShortPuts – Bought to close 1 TIF Nov 18 2016 52.5 Put @ 0.01. Nothing more to make here.
Sold on 8/3 @ 1.25
$RIG #ShortPuts – Bought to…
$RIG #ShortPuts – Bought to close RIG NOV 18 2016 7.0 Puts @ 0.01. Nothing more to make here.
Sold 8/1 @ 0.29
$NFLX #ShortPuts – Sold NFLX…
$NFLX #ShortPuts – Sold NFLX NOV 4 2016 119.0 Puts @ 0.22.
Paired with short stock AND short Nov 4 2016 133.0 calls
$NKE $TSCO $MAC – new…
$NKE $TSCO $MAC – new lows for SP500 stocks today. Possible #FallingKnife trades
$SVXY #ShortPuts #ClassicVXXGame – Sold…
$SVXY #ShortPuts #ClassicVXXGame – Sold 1 SVXY JAN 19 2018 24.0 Put @ 2.40. Paired with 145 Calls for the same date.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY JAN 20 2017 40.0 Puts @ 1.15. I will add at higher prices if I can
#OptionsExpiration #Weeklys #Oct28 – A…
#OptionsExpiration #Weeklys #Oct28 – A very good week. Post earnings plays in $CMG and $NFLX, plus a pre-earnings play in $BMY were all profitable, as well as all the Volatility shorts and even the 3x Gold miner options.
I will be in a far west time zone next week and will not be able to monitor the markets for part of the week so I have opened only volatility trades for next week.
— Expirations —
ALXN (Weekly) Oct 28 2016 105 Puts
BMY (Weekly) Oct 28 2016 47.5 Puts
BMY (Weekly) Oct 28 2016 48 Puts
CMG (Weekly) Oct 28 2016 345 Puts
CMG (Weekly) Oct 28 2016 350 Puts
CMG (Weekly) Oct 28 2016 352.5 Puts
CMG (Weekly) Oct 28 2016 355 Puts
DUST (Weekly) Oct 28 2016 32 Puts
DUST (Weekly) Oct 28 2016 32.5 Puts
DUST (Weekly) Oct 28 2016 33 Puts
NFLX (Weekly) Oct 28 2016 129 Calls
NFLX (Weekly) Oct 28 2016 130 Calls
NFLX (Weekly) Oct 28 2016 131 Calls
NUGT (Weekly) Oct 28 2016 10 Puts
NUGT (Weekly) Oct 28 2016 11.5 Puts
NUGT (Weekly) Oct 28 2016 16 Calls
SVXY (Weekly) Oct 28 2016 50 Puts
SVXY (Weekly) Oct 28 2016 79 Calls
SVXY (Weekly) Oct 28 2016 80 Calls
UVXY (Weekly) Oct 28 2016 16 Calls
UVXY (Weekly) Oct 28 2016 17 Calls
UVXY (Weekly) Oct 28 2016 30 Calls
UVXY (Weekly) Oct 28 2016 40 Calls
UVXY (Weekly) Oct 28 2016 45 Calls
— Assignments —
SVXY (Weekly) Oct 28 2016 64 Calls (Covered) – exchanging stock for cash
UA (Weekly) Oct 28 2016 35 Puts – (Going long some stock in IRA accts)
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Nov 18 2016 39.0 Calls @ 0.26
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Nov 4 2016 59.0 Puts @ 0.20 in two IRA accounts with the stock at 73.70.
These expire in a week
$SVXY #ShortPuts – Sold 1…
$SVXY #ShortPuts – Sold 1 SVXY MAR 17 2017 40.0 Put @ 2.15. Initial position.
I will add at higher premiums.
$NUGT #ShortPuts – Bought to…
$NUGT #ShortPuts – Bought to close NUGT (Weekly) Oct 28 2016 13 PUTS @ 0.15 to avoid possible assignment. Originally sold @ 0.75
Who knew that NUGT would rally from 12.40 to 13.40 in only an hour?
$SVXY #ShortPuts – Sold all…
$SVXY #ShortPuts – Sold all these in an IRA that had all their SVXY called away a while ago –
Sold SVXY NOV 4 2016 60.0 Puts @ 0.20
Sold SVXY Nov 11 2016 55.0 Puts @ 0.40
Sold SVXY Nov 18 2016 50.0 Puts @ 0.40
$SVXY #ShortPuts #ClassicVXXGame – Sold…
$SVXY #ShortPuts #ClassicVXXGame – Sold SVXY Jan 18 2018 25.0 Puts @ 2.65.
These are paired with short Calls at 145/150/155 sold last week
$DUST #ShortCalls – Sold 1…
$DUST #ShortCalls – Sold 1 DUST Dec 16 2016 70.0 Call @ 2.40. Adding to my position at the highest available strike.
Options Bistro 