#FallingKnife trades – $GILD $MCK $ABC $CAH $AMGN $ESRX
Author Archives: Option Iceman
$DUST #ShortCalls – Sold 1…
$DUST #ShortCalls – Sold 1 DUST Dec 16 2016 70.0 Call @ 2.31. Highest available strike.
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Dec 2 2016 35.0 Calls @ 0.44. Highest available strike
$CVS #ShortPuts #FallingKnife – Sold…
$CVS #ShortPuts #FallingKnife – Sold CVS Nov 18 2016 75.0 Puts @ 0.30
$UVXY @ShortCalls – on the…
$UVXY @ShortCalls – on the opening
Sold UVXY Nov 11 2016 35.0 Calls @ 0.12
Sold UVXY Nov 18 2016 33.0 Calls @ 0.23
$SVXY #ShortCalls #Rollup – this…
$SVXY #ShortCalls #Rollup – this is likely the only roll I will have to do in SVXY today
Bought to close SVXY Oct 28 2016 64 Calls @ $12.54 – originally sold @ 13.10
Sold SVXY Dec 16 2016 68 Calls @ $12.66
$SVXY #ShortPuts #OptionLadder – Sold…
$SVXY #ShortPuts #OptionLadder – Sold SVXY Nov 4 2016 62.5 Puts @ 0.20
$UA #ShortPuts – Sold UA…
$UA #ShortPuts – Sold UA Apr 21 2017 25.0 Puts @ 0.90
$UVXY #ShortCalls – after the…
$UVXY #ShortCalls – after the bell
Sold UVXY Nov 4 2016 21.0 Calls @ 0.13
Sold UVXY Nov 4 2016 21.5 Calls @ 0.12
Sold UVXY Nov 11 2016 27.0 Calls @ 0.22
Sold UVXY Nov 18 2016 31.0 Calls @ 0.26
Sold UVXY Nov 18 2016 32.0 Calls @ 0.23
$SVXY #ShortPuts – after the…
$SVXY #ShortPuts – after the bell
Sold SVXY Nov 4 2016 65.0 Puts @ 0.30
Sold SVXY Nov 4 2016 64.5 Puts @ 0.25
Sold SVXY Nov 4 2016 64.0 Puts @ 0.25
Sold SVXY Nov 4 2016 63.5 Puts @ 0.20
Sold SVXY Nov 4 2016 63.0 Puts @ 0.20
$DUST $ShortCalls – Sold 1…
$DUST $ShortCalls – Sold 1 DUST DEC 16 2016 70.0 Call @ 2.10 with the stock at 42.83.
Highest available strike
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY (Weekly) Dec 2 2016 35 Calls @ 0.39. Highest available strike
$AMBD #ShortPuts #FallingKnife – Sold…
$ABMD #ShortPuts #FallingKnife – Sold 1 ABMD Mar 17 2017 70.0 Put @ 1.70 with the stock at 96.51
$UVXY #ShortCalls – Sold NOV…
$UVXY #ShortCalls – Sold NOV 18 2016 30.0 Calls @ 0.26
$MRVL #CoveredCalls – Sold MRVL…
$MRVL #CoveredCalls – Sold MRVL DEC 2 2016 14.5 Calls @ 0.21
$BMY #ShortCalls – Sold BMY…
$BMY #ShortCalls – Sold BMY Dec 9 2016 57.5 Calls @ 0.39. Paired with a number of short puts going all the way out to the Dec monthly expiration.
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY Nov 11 2016 26.0 Calls @ 0.23
$UA #ShortPuts #FallingKnife – Sold…
$UA #ShortPuts #FallingKnife – Sold UA Apr 21 2017 27.5 Puts @ 1.50
$SVXY #ShortPuts #OptionLadder – since…
$SVXY #ShortPuts #OptionLadder – since I’m overloaded with short calls I’m selling puts with no additional margin requirements.
Sold SVXY Nov 4 2016 65.0 Puts @ 0.20
Sold SVXY Nov 4 2016 64.5 Puts @ 0.20
#FallingKnife candidates – $ABMD $DVA
#FallingKnife candidates – $ABMD $DVA $WYN $UA
$UA #ShortPuts #FallingKnife – Sold…
$UA #ShortPuts #FallingKnife – Sold 1 UA Apr 21 2017 27.5 Put @ 1.45
$CMG #ShortPuts – sold these…
$CMG #ShortPuts #FallingKnife #ScalpTrade – sold these with the stock at 364.54. These expire Friday
Sold CMG OCT 28 2016 350.0 Puts @ 0.90
Sold CMG OCT 28 2016 345.0 Puts @ 0.40
$CMG #ShortPuts – Sold 1…
$CMG #ShortPuts – Sold 1 CMG Oct 28 352.5 Put @ 1.10 with the stock at 365.94. Looking to sell more or lower strike Puts
$UA #ShortPuts #FallingKnife – started…
$UA #ShortPuts #FallingKnife – started getting strike 30 and 27.5 short Put orders off today. Stay on the offer side of the quote and they will come to you
$MYL #CoveredCalls – Sold MYL…
$MYL #CoveredCalls – Sold MYL NOV 11 2016 41.5 Calls @ 0.56
$SVXY #ShortCalls #Leaps –Sold 1…
$SVXY #ShortCalls #Leaps –Sold 1 SVXY Jan 19 2018 155.0 Call @ 5.20 adding to my position – Highest available strike price
$SVXY #CoveredCalls #OptionLadder – sold…
$SVXY #CoveredCalls #OptionLadder – sold these when the stock got to 80.50
Sold SVXY NOV 4 2016 81.5 Calls @ 1.95
Sold SVXY NOV 11 2016 85 Calls @ 2.05
Sold SVXY NOV 18 2016 90 Calls @ 1.05
$NUGT #CoveredCalls #Weeklys – Sold…
$NUGT #CoveredCalls #Weeklys – Sold NUGT OCT 28 2016 16.0 Calls @ 0.40
$DUST #ShortPuts #Weeklys #OptionLadder -…
$DUST #ShortPuts #Weeklys #OptionLadder – this worked last week and it should work this week too.
Sold DUST (Weekly) Oct 28 2016 33 Puts @ 0.60
Sold DUST (Weekly) Oct 28 2016 32.5 Puts @ 0.45
Sold DUST (Weekly) Oct 28 2016 32 Puts @ 0.40
$SVXY #ShortCalls #AfterTheClose – Sold…
$SVXY #ShortCalls #AfterTheClose – Sold SVXY Oct 28 2016 80.0 Calls @ 0.85 adding to my position
$WFM #ShortPuts – Bought to…
$WFM #ShortPuts – Bought to close WFM Oct 21 2016 28.0 Puts @ 0.01 to avoid possible assignment
$SVXY #ShortCalls #Leaps – so…
$SVXY #ShortCalls #Leaps – so … the market is never going down again and Volatility will stay low forever, right??
Sold 1 SVXY Jan 19 2018 145.0 Call @ 5.20
Sold 1 SVXY Jan 19 2018 150.0 Call @ 4.50
Sold 1 SVXY Jan 19 2018 155.0 Call @ 4.20 – Highest available strike price
About 50 % return on margin with the stock at it’s current price of 78.
$SVXY #ShortCalls #Weeklys – Sold…
$SVXY #ShortCalls #Weeklys – Sold SVXY Nov 4 2016 81.5 Calls @ 1.10 adding to my position
$DUST #ShortCalls #Rollup – doing…
$DUST #ShortCalls #Rollup – doing a second or third rollup on this stock
Bought to close DUST Oct 21 2016 34.0 Calls @ 4.63 – originally sold at 6.10
Sold DUST Nov 11 2016 37.0 Calls @ 5.40
$SVXY #ShortCalls #Weeklys – Sold…
$SVXY #ShortCalls #Weeklys – Sold SVXY Oct 28 2016 80.0 Calls @ 0.75 adding to my small position
$MYL #ShortPuts #FallingKnife – Bought…
$MYL #ShortPuts #FallingKnife – Bought to close MYL Oct 21 2016 37.5 Puts @ 0.12 to avoid possible assignment. Originally sold @ 0.40.
SVXY #CoveredCalls #Rollup #OptionLadder -…
$SVXY #CoveredCalls #Rollup #OptionLadder – I split my position for today at 75 into two new positions so I can cover both weeks where I have no exposure.
Bought to close SVXY Oct 21 2016 75.0 Calls @ 1.57
Sold SVXY Nov 25 2016 80.0 Calls @ 2.77 for a 1.20 credit
and
Bought to close SVXY Oct 21 2016 75.0 Calls @ 1.42
Sold SVXY Dec 2 2016 80.5 Calls @ 4.41 for a 2.99 credit
Today’s strike 75 calls were originally sold at 4.44 on another rollup
$NUGT #ShortPuts – Bought to…
$NUGT #ShortPuts – Bought to close NUGT Oct 21 2016 13.5 Puts @ 0.05 to avoid possible assignment if NUGT takes an afternoon swan dive. They can’t trade any lower and all my other short puts at 10/10.5/11/12/12.5 are likely to expire
$SVXY #ShortCalls – Sold SVXY…
$SVXY #ShortCalls – Sold SVXY Nov 4 2016 81.5 Calls @ 1.00 – after hours fill at 4:15 as the stock spikes to 77.19
$MCO #ShortPuts #Earnings – Sold…
$MCO #ShortPuts #Earnings – Sold MCO Oct 21 2016 105.0 Puts @ 0.60. The 3 month low on the stock was set in early September near 105.50.
$MCD #ShortPuts #Earnings – Sold…
$MCD #ShortPuts #Earnings – Sold MCD Oct 21 2016 106.0 Puts @ 0.15. The 3 month low on the stock was set today at 110.33.
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Nov 11 2016 85.0 Calls @ 1.20.
Also Sold SVXY Oct 28 2016 80.0 Calls @ 0.55
#Earnings #Tonight $SLB $MSFT $ETFC…
$SVXY #ShortCalls #Rollup – trying…
$SVXY #ShortCalls #Rollup – trying to get ahead of the typical Friday Rally in SVXY by rolling today.
Bought to close SVXY Oct 21 2016 72.0 Calls @ 4.08 with the stock at 76.01
Sold SVXY Nov 11 2016 76.0 Calls @ 4.55.
Pushed the strike price up 4 points plus received a 0.47 Credit. The time premium was gone from the existing position.
$UAL #ShortPuts #FallingKnife – Bought…
$UAL #ShortPuts #FallingKnife – Bought to close UAL Dec 16 2016 31.0 Puts @ 0.01. These can’t trade any lower and still have 57 days until expiration.
Originally sold @ 1.37 during the Brexit scare on 06/27/2016
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY NOV 4 2016 81.5 Calls @ 0.90. Adding to my position.
$DUST #ShortCalls – Sold DUST…
$DUST #ShortCalls – Sold DUST Oct 21 2016 45.0 Calls @ 0.15.
Sold these before the bid disappeared. These expire Friday
$MAT #ShortPuts #Earnings – Sold…
$MAT #ShortPuts #Earnings – Sold MAT Oct 21 2016 28.0 Puts @ 0.20 with the stock at 30.59.
Hoping for a repeat of the $HAS move on earnings
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY NOV 4 2016 81.5 Calls @ 0.80
The strike is well above the YTD high of 79.69 and only 12 more trading days until expiration
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST Oct 21 2016 32.0 Puts @ 0.20 with the stock at 37.0.
These expire Friday
$NFLX #ShortCalls – Sold NFLX…
$NFLX #ShortCalls – Sold NFLX Oct 28 2016 131.0 Calls @ 0.43 with the stock at 122.15.
I’ll pair these with some short Puts if I can find a reasonable premium
$DUST #ShortPuts #OptionLadder – DUST…
$DUST #ShortPuts #OptionLadder – DUST falls, NUGT rises. My NUGT stock position is now above the strike 14 covered calls I sold last Friday and my NUGT 12, 12.5 and 13.5 short Puts for this week are out of the money.
I like where it’s sitting now so I sold the following for Friday’s expiration.
Sold DUST Oct 21 2016 35.0 Puts @ 0.40 adding to my position
Sold DUST Oct 21 2016 34.0 Puts @ 0.25
Sold DUST Oct 21 2016 33.5 Puts @ 0.20
Sold DUST Oct 21 2016 33.0 Puts @ 0.20
$DUST #ShortPuts #OptionLadder – Sold…
$DUST #ShortPuts #OptionLadder – Sold DUST OCT 21 2016 34.5 Puts @ 0.20 with the stock at 41.31
These expire Friday
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST OCT 21 2016 35.0 Puts @ 0.20 with the stock at 41.24
These expire Friday
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST OCT 21 2016 35.5 Puts @ 0.20
These expire Friday
$IBM – Sold IBM 142/165…
$IBM – Sold IBM 142/165 Strangles that expire Friday for 0.48 with the stock at 154.78
$NFLX #ShortStrangle #Earnings – I’d…
$NFLX #ShortStrangles #Earnings – I’d rather do more of a safer strangle
Sold NFLX 82/123 Strangles that expire Friday for 0.47
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST Oct 21 2016 36.0 Puts @ 0.20 with the stock at 45.32
$DUST #ShortPuts – Sold these…
$DUST #ShortPuts – Sold these this morning. Since I am also short NUGT Puts, these are protecting each other.
Sold DUST Oct 21 2016 38.0 Puts @ 0.40
Sold DUST Oct 21 2016 36.5 Puts @ 0.20
#OptionsExpiration #Weeklys #Oct14 – An…
#OptionsExpiration #Weeklys #Oct14 – An unusually quiet week. No Assignments this week and 3 sets of SVXY Calls expired (that’s unusual).
The October monthly expiration next week is a big one.
— Expirations —
DUST (Weekly) Oct 14 2016 61 Calls
MYL (Weekly) Oct 14 2016 45 Calls (Covered)
NUGT (Weekly) Oct 14 2016 10 Puts
NUGT (Weekly) Oct 14 2016 11 Puts
NUGT (Weekly) Oct 14 2016 14 Calls (Covered)
SVXY (Weekly) Oct 14 2016 74 Calls (Covered)
SVXY (Weekly) Oct 14 2016 76 Calls (Covered)
SVXY (Weekly) Oct 14 2016 85 Calls (Covered)
UVXY (Weekly) Oct 14 2016 21 Calls
UVXY (Weekly) Oct 14 2016 21.5 Calls
UVXY (Weekly) Oct 14 2016 22 Calls
UVXY (Weekly) Oct 14 2016 22.5 Calls
UVXY (Weekly) Oct 14 2016 23 Calls
UVXY (Weekly) Oct 14 2016 23.5 Calls
UVXY (Weekly) Oct 14 2016 24 Calls
UVXY (Weekly) Oct 14 2016 24.5 Calls
UVXY (Weekly) Oct 14 2016 25 Calls
UVXY (Weekly) Oct 14 2016 25.5 Calls
UVXY (Weekly) Oct 14 2016 26 Calls
UVXY (Weekly) Oct 14 2016 26.5 Calls
UVXY (Weekly) Oct 14 2016 40 Calls
UVXY (Weekly) Oct 14 2016 45 Calls
$UVXY #ShortCalls #OptionLadder – sold…
$UVXY #ShortCalls #OptionLadder – sold all these today for next week –
Sold UVXY Oct 21 2016 27.0 Calls @ 0.14
Sold UVXY Oct 21 2016 27.5 Calls @ 0.13
Sold UVXY Oct 21 2016 28.0 Calls @ 0.12
$NUGT #CoveredCalls – since my…
$NUGT #CoveredCalls – since my calls for this week are about to expire, I sold the same strike price for next week.
Sold NUGT Oct 21 2016 14.0 Calls @ 0.35
$NUGT #ShortPuts – NUGT has…
$NUGT #ShortPuts – NUGT has been all over today. Sold Puts for next week and then later covered some of this week’s exposure.
Sold NUGT Oct 21 2016 10.5 Puts @ 0.25
Bought to close NUGT Oct 14 2016 13.5 Calls @ 0.80. Originally sold @ 0.85
$SVXY #ShortCalls #Rollup Bought to…
$SVXY #ShortCalls #Rollup
Bought to close SVXY OCT 14 2016 70.0 Calls @ 1.11 – originally sold at 5.20
Sold SVXY OCT 21 2016 72.0 Calls @ 1.61
Add just 1 week to my holding period to get a 2 point higher strike price plus a 0.50 credit.
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT OCT 21 2016 10.5 Puts @ 0.19.
$SVXY #ShortPuts – these trades…
$SVXY #ShortPuts – these trades are tougher to get off than UVXY calls. Not nearly as liquid
SVXY OCT 21 2016 55.0 Puts @ 0.30
SVXY OCT 21 2016 54.0 Puts @ 0.30
SVXY OCT 28 2016 50.0 Puts @ 0.35
SVXY NOV 18 2016 40.0 Puts @ 0.45
$$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT Oct 21 2016 11.0 Puts @ 0.25
$UVXY #ShortCalls – missed one….
$UVXY #ShortCalls – missed one. Sold UVXY NOV 4 2016 35.0 Calls @ 0.61
$NUGT #ShortPuts – Bought to…
$NUGT #ShortPuts – Bought to close NUGT Oct 14 2016 12.0 Puts @ 0.05.
They can’t go any lower and I’m free to sell Puts for the following week.
Some of these were “rolled into” when I covered short 13.0 puts last Friday
$UVXY #ShortCalls/#CoveredCalls – sold most…
$UVXY #ShortCalls/#CoveredCalls – sold most of these when $UVXY pushed above 19 this morning.
Many but not all are at the #TopOfTheChain
UVXY OCT 14 2016 22.0 Calls @ 0.24 – expires tomorrow
UVXY OCT 21 2016 31.0 Calls @ 0.23 – expires next Friday
UVXY OCT 21 2016 32.0 Calls @ 0.18
UVXY OCT 21 2016 33.0 Calls @ 0.18
UVXY OCT 21 2016 34.0 Calls @ 0.18
UVXY OCT 28 2016 40.0 Calls @ 0.22
1 UVXY NOV 11 2016 25.5 Call @ 1.63
UVXY DEC 16 2016 55.0 Calls @ 1.32
UVXY JAN 20 2017 60.0 Calls @ 1.79
UVXY MAR 17 2017 60.0 Calls @ 3.15
UVXY JAN 19 2018 60.0 Calls @ 7.30
$GILD #ShortPuts #FallingKnife – Sold…
$GILD #ShortPuts #FallingKnife – Sold GILD Nov 18 2016 65.0 Puts @ 0.59 with the stock at 73.28
$UVXY #ShortCalls #ClassicVXXGame – Sold…
$UVXY #ShortCalls #ClassicVXXGame – Sold 1 Jan 19 2018 60.0 Call @ 6.25 with the stock at 17.23
$UVXY #ShortCalls – as the…
$UVXY #ShortCalls – as the stock punched through 17 I sold the following:
Sold UVXY Oct 14 2016 21.5 Calls @ 0.24 – these expire Friday
Sold UVXY Oct 14 2016 22.5 Calls @ 0.18 – these expire Friday
Sold UVXY Oct 21 2016 30.0 Calls @ 0.18
Sold UVXY Oct 28 2016 40.0 Calls @ 0.14
Sold UVXY Nov 4 2016 35 Calls @ 0.39
#VXXGame – $VIX is up…
#VXXGame – $VIX is up 2 points and $UVXY is up 10%. That is when I start putting in sell orders …..
$DUST #ShortCalls – Sold DUST…
$DUST #ShortCalls – Sold DUST Oct 14 2016 61.0 Calls @ 0.40. These expire in 4 days
Options Bistro 