$CMG #ShortCalls – Sold CMG Apr 29 2016 450.0 Calls @ 0.70. These expire in 3 days.
Author Archives: Option Iceman
$CMG #ShortStock #ShortPuts – Exited…
$CMG #ShortStock #ShortPuts – Exited my short stock position and closed the short puts I sold yesterday.
Bought to Cover CMG @ 427.73 – Shorted at an average of 438.50 in January
Bought to close CMG Apr 29 2016 420.0 Puts @ 3.80 – sold at 7 yesterday
$CMG #ShortPuts – Sold CMG…
$CMG #ShortPuts – Sold CMG (Weekly) Apr 29 2016 375 Puts @ 1.10. These expire Friday.
$CMG #CoveredPuts – Sold CMG…
$CMG #CoveredPuts – Sold CMG Apr 29 2016 420.0 Puts @ 7
$DUST = announced a 1…
$DUST = announced a 1 for 10 reverse split effective May 17th.
$UVXY #CoveredCalls – some more…
$UVXY #CoveredCalls – some more UVXY trades against recently acquired stock via put assignment
Sold UVXY Apr 29 2016 17.5 Calls @ 0.55
Sold UVXY Apr 29 2016 18.0 Calls @ 0.50
Sold UVXY May 6 2016 23.0 Calls @ 0.42
$UVXY #ShortCalls #ShortPuts – made…
$UVXY #ShortCalls #ShortPuts – made the following adustments in my UVXY option position after last weeks drop to 14.70 –
Bought to close UVXY Apr 29 2016 15.0 Puts @ 0.35 – originally sold for 0.44 on 4/8/16
Sold UVXY Apr 29 2016 20.0 Calls @ 0.24
Sold UVXY Apr 29 2016 20.5 Calls @ 0.21
Sold UVXY May 06 2016 25.0 Calls @ 0.29
Sold UVXY May 06 2016 26.0 Calls @ 0.24
All the calls were sold against long stock or short puts still in the account
#OptionsExpiration #Apr22 – a fairly…
#OptionsExpiration #Apr22 – a fairly heavy week because of all of the $NUGT and $SVXY Puts that expired
— Expirations —
AAPL (Weekly) Apr 22 2016 113 Calls (Covered)
AGNC (Weekly) Apr 22 2016 19 Calls (Covered)
CHK (Weekly) Apr 22 2016 5 Puts
CHK (Weekly) Apr 22 2016 5.5 Puts
NFLX (Weekly) Apr 22 2016 90 Puts
NUGT (Weekly) Apr 22 2016 49.5 Puts
NUGT (Weekly) Apr 22 2016 50 Puts
NUGT (Weekly) Apr 22 2016 51 Puts
NUGT (Weekly) Apr 22 2016 52 Puts
NUGT (Weekly) Apr 22 2016 53.5 Puts
NUGT (Weekly) Apr 22 2016 53 Puts
NUGT (Weekly) Apr 22 2016 54 Puts
NUGT (Weekly) Apr 22 2016 55 Puts
NUGT (Weekly) Apr 22 2016 70 Puts
NUGT (Weekly) Apr 22 2016 72 Puts
NUGT (Weekly) Apr 22 2016 96 Calls
SVXY (Weekly) Apr 22 2016 38 Puts
SVXY (Weekly) Apr 22 2016 39 Puts
SVXY (Weekly) Apr 22 2016 40 Puts
SVXY (Weekly) Apr 22 2016 49 Puts
SVXY (Weekly) Apr 22 2016 55 Calls (Covered)
TWTR (Weekly) Apr 22 2016 19 Calls (Covered)
UVXY (Weekly) Apr 22 2016 19 Calls (Covered)
UVXY (Weekly) Apr 22 2016 20 Calls (Covered)
UVXY (Weekly) Apr 22 2016 24 Calls (Covered)
UVXY (Weekly) Apr 22 2016 31.5 Calls
UVXY (Weekly) Apr 22 2016 35 Calls
— Assignments —
CHK (Weekly) Apr 22 2016 6 Calls – going short a bit of stock
DUST (Weekly) Apr 22 2016 2.5 Puts
DUST (Weekly) Apr 22 2016 3 Puts
SVXY (Weekly) Apr 22 2016 53 Calls (Covered) – out at a gain
UVXY (Weekly) Apr 22 2016 17 Puts
UVXY (Weekly) Apr 22 2016 18 Puts
$SVXY #CoveredCalls #Rollup – rolled…
$SVXY #CoveredCalls #Rollup – rolled this up to avoid possible assignment tonight
Bought to close SVXY Apr 22 2016 54.0 Calls @ 0.21
Sold SVXY May 13 2016 56.0 Calls @ 2.06 – added 2 points to the strike price plus 1.85 credit.
This should be the last one I need to cover
$SVXY #CoveredCalls #IRA #Rollup -…
$SVXY #CoveredCalls #IRA #Rollup – I don’t know what it is about Friday’s, but SVXY is always strong
Bought to close SVXY Apr 22 2016 53.5 Calls @ 0.61
Sold SVXY Apr 29 2016 56.0 Calls @ 0.81
We will see if SVXY can make a new recovery high by next week.
$SVXY #CoveredCalls #IRA #Rollup -…
$SVXY #CoveredCalls #IRA #Rollup – rolled this up to avoid possible assignment tonight
Bought to close SVXY Apr 22 2016 53.0 Calls @ 0.62 – sold for 0.70 on 4/11/16
Sold SVXY May 13 2016 56.0 Calls @ 1.87 – added 3 points to the strike price plus 1.25 credit.
$SVXY #CoveredCalls #Rollup – I’m…
$SVXY #CoveredCalls #Rollup – I’m guessing the SVXY has already seen its low for today so rolling up the last of my deep in the money calls.
Bought to close SVXY Apr 22 2016 52.0 Calls @ 1.02 – Originally sold at 2.51 on a previous #rollup
Sold SVXY May 06 2016 56.0 Calls @ 1.17 – added 5 points to the strike price plus a 0.15 credit
Bought to close SVXY Apr 22 2016 49.0 Calls @ 4.04 – rolled this large position up 0.50 last week for a 0.40 credit
Sold SVXY Apr 29 2016 49.5 Calls @ 4.27 – added another half point to the strike plus a 0.23 credit
$NUGT #ShortPuts – sold both…
$NUGT #ShortPuts – sold both these that expire Next Friday
Sold NUGT Apr 29 2016 57.5 Puts @ 0.40
Sold NUGT Apr 29 2016 58.0 Puts @ 0.45
$NUGT #ShortPuts – sold both…
$NUGT #ShortPuts – sold both these that expire Next Friday
Sold NUGT Apr 29 2016 58.5 Puts @ 0.40
Sold NUGT Apr 29 2016 59.0 Puts @ 0.45
$SVXY #CoveredCalls #Rollup – a…
$SVXY #CoveredCalls #Rollup – a partial rollup in an IRA to a strike price at the top of the recent trading range.
Bought SVXY Apr 22 2016 51.0 Calls @ 1.82 – Originally sold for 2.53 on a previous rollup
Sold SVXY May 20 2016 56.0 Calls @ 2.17
Sold SVXY May 27 2016 56.0 Calls @ 2.57
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT APR 22 2016 70.0 Puts @ 0.20. These expire tomorrow
$NUGT #ShortStrangle – this expires…
$NUGT #ShortStrangles – this expires tomorrow if the stock stays within its recent range
Sold NUGT Apr 22 2016 96.0 Call/ 72.0 Put @ 1.35
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY APR 29 2016 22.0 Calls @ 0.39
$KSU #ShortPuts – Bought to…
$KSU #ShortPuts – Bought to close KSU Jun 17 2016 55.0 Puts @ 0.05 (no commission)
Originally sold in January @ 1.95
$NFLX #ShortPuts – Bought to…
$NFLX #ShortPuts – Bought to close NFLX Jun 17 2016 55.0 Puts @ 0.05 (no commission)
Originally sold in January @ 1.41
$NUGT #ShortCalls – since a…
$NUGT #ShortCalls – since a few short calls rolled off Friday, I’m adding some small positions at the top of the chain –
Sold 2 NUGT Apr 29 2016 120.0 Calls @ 0.75
Sold 1 NUGT May 06 2016 120.0 Call @ 1.60
Sold 1 NUGT May 20 2016 120.0 Call @ 3.55
#Earnings – This week 104…
#Earnings – This week 104 S&P 500 companies report. The highlights are the tech names and we’ll get reports from IBM and Netflix today, Yahoo and Intel tomorrow followed by Alphabet, Microsoft and Verizon on Thursday. Away from the tech names we’ll also hear from Pepsico (today), Morgan Stanley (today), Goldman Sachs (Tuesday), Johnson & Johnson (Tuesday), Coca-Cola (Wednesday), General Motors (Thursday), Schlumberger (Thursday), Caterpillar (Friday), General Electric (Friday) and McDonalds (Friday).
#OptionExpiration #Monthys #Apr15 – a…
#OptionsExpiration #Monthys #Apr15 – a big expiration today
— Expirations —
APC April 15 2016 52.5 Calls
APC Apr 15 2016 53 Calls
BOIL Apr 15 2016 12 Calls (Covered)
CHK Apr 15 2016 6 Puts
CHK Apr 15 2016 7 Calls (Covered)
CMG Apr 15 2016 395 Puts
CNX Apr 15 2016 14 Calls (Covered)
CNX April 15 2016 15 Calls (Covered)
CNX April 15 2016 7 Puts
DUST Apr 15 2016 8 Calls (Covered)
ESV April 15 2016 13 Calls (Covered)
HAL Apr 15 2016 30 Puts
KMX Apr 15 2016 42.5 Puts
NUGT Apr 15 2016 30 Puts
NUGT Apr 15 2016 40 Puts
NUGT Apr 15 2016 85 Calls
NUGT Apr 15 2016 88 Calls
RRC Apr 15 2016 38 Calls
SDRL Apr 15 2016 6 Puts
SVXY Apr 15 2016 38 Puts
SVXY Apr 15 2016 39 Puts
SVXY Apr 15 2016 40 Puts
SVXY Apr 15 2016 53 Calls (Covered)
SVXY Apr 15 2016 54 Calls (Covered)
SVXY Apr 15 2016 55 Calls (Covered)
UA(ns) Apr 15 2016 65 Puts
UVXY Apr 15 2016 21.5 Calls (Covered)
UVXY Apr 15 2016 28 Calls (Covered)
UVXY Apr 15 2016 30 Calls
X Apr 15 2016 8 Puts
XOP Apr 15 2016 33 Calls (Covered)
— Assignments —
DUST Apr 15 2016 3 Puts
UVXY Apr 15 2016 19 Puts
UVXY Apr 15 2016 20 Puts
VALE Apr 15 2016 5 Calls (Covered)
WDC Apr 15 2016 50 Puts
WDC Apr 15 2016 55 Puts
$SVXY #CoveredCalls #Rollup #OptionLadder -…
$SVXY #CoveredCalls #Rollup #OptionLadder – rolled some really large positions up because of the typical Friday rally in SVXY
Rolled Apr 15 2016 48.5 Calls to next weeks 49.0 Calls for a 0.40 Credit
Rolled Apr 15 2016 50 Calls to Apr 29 2016 52.0 Calls for an 0.82 Credit
Rolled Apr 15 2016 50 Calls to May 06 2016 53.0 Calls for an 0.89 Credit
Rolled Apr 15 2016 50 Calls to May 13 2016 54.0 Calls for an 0.95 Credit
$SVXY CoveredCalls #Rollup – did…
$SVXY CoveredCalls #Rollup – did these to avoid assignment this week –
Bought to close SVXY Apr 15 2016 51.0 Calls @ 0.31 – originally sold for 2.17 on another roll
Sold SVXY May 06 2016 54.0 Calls @ 1.70 for half the position
Sold SVXY May 20 2016 55.0 Calls @ 2.19 for the other half
$AAPL #CoveredCalls #Rollup – Bought…
$AAPL #CoveredCalls #Rollup – Bought to close Apr 15 2016 112 Calls @ 0.01
Replaced them with AAPL Apr 22 2016 113 Calls @ 0.37.
These expire in a week with the strike price above the recent peak in the stock.
$MRO #ShortCalls #Rollup – Bought…
$MRO #ShortCalls #Rollup – Bought to close MRO Apr 15 2016 13 Calls @ 0.05 (no commission)
Replaced them with MRO Apr 22 2016 14 Calls @ 0.18. These expire in a week with the strike price above the recent peak in the stock.
$XOP #ShortCalls – Bought to…
$XOP #ShortCalls – Bought to cover XOP Apr 15 2016 32.5 Calls @ 0.25 to avoid possible assignment tonight. Made a little as it was sold for 0.35.
$UVXY #ShortPuts #VXXGame – Sold…
$UVXY #ShortPuts #VXXGame – Sold UVXY Apr 29 2016 14.5 Puts @ 0.36 replacing the April strike 18 puts I just covered
$UVXY #ShortPuts #VXXGame – Bought…
$UVXY #ShortPuts #VXXGame – Bought to close UVXY Apr 15 2016 18.0 Puts @ 0.30. These expire tomorrow and are currently out of the money but I don’t trust the stock to stay here for another 24 hours.
Originally sold @ 0.47, so a bit of a gain.
And these were in the money just an hour ago.
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT APR 22 2016 49.5 Puts @ 0.35 – these expire next Friday
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT APR 22 2016 51.0 Puts @ 0.35 – these expire next Friday
$NUGT #ShortCalls #Rollup – rolled…
$NUGT #ShortCalls #Rollup – rolled up the only in the money NUGT calls left for this week for a small credit.
Bought to close NUGT Apr 15 2016 46.0 Calls @ 28.85
Sold NUGT Jun 17 2016 51.0 Call @ 28.90
A tough trade to get off but at least I added 5 points to the strike price.
NUGT #ShortCalls – got an…
NUGT #ShortCalls – got an early assignment on some NUGT April 47 calls. Since Ameritrade has no stock to borrow, I covered the short at 77.30.
To offset the pain a bit I sold the following after the short stock was gone –
Sold NUGT Apr 15 2016 88.0 Calls @ 0.30 – these expire tomorrow
Sold NUGT Apr 22 2016 100.0 Calls @ 1.10 – these expire next week
$NUGT #ShortPuts – Sold all…
$NUGT #ShortPuts – Sold all the following for next week.. If I have to cover them or roll them, that would be a good problem to have.
Sold NUGT Apr 22 2016 55.0 Puts @ 0.42
Sold NUGT Apr 22 2016 54.0 Puts @ 0.35
Sold NUGT Apr 22 2016 53.0 Puts @ 0.35
$RRC #ShortPuts – Bought to…
$RRC #ShortPuts – Bought to close RRC Jun 17 2016 17.50 Puts @ 0.03.
Originally sold at 1.20 when oil was crashing.
$NUGT #ShortCalls #Rollup – to…
$NUGT #ShortCalls #Rollup – to relieve some margin pressure
Bought to close NUGT JUN 17 2016 72.0 Calls @ 25.83
Sold NUGT SEP 16 2016 90.0 Calls @26.19 – an 18 point bump in the strike price plus a 0.36 credit.
$SVXY #ShortPuts #VXXGame – Sold…
$SVXY #ShortPuts #VXXGame – Sold SVXY MAY 13 2016 35.0 Puts @ 0.90. Paired with a short Jun 55 call position, creating a 20 point strangle.
$NUGT $GDX $NEM – GDX…
$NUGT $GDX $NEM – GDX is influenced by what NEM is doing, and NUGT is obviously influenced by what GDX is doing.
So … NEM is falling hard …. just sayin’
NUGT #ShortCalls – sold these…
NUGT #ShortCalls – sold these at the close even though the rally may not be over
Sold 1 NUGT Apr 15 2016 85.0 Call @ 5.50
Sold 1 NUGT Apr 22 2016 95.0 Call @ 4.61
$SVXY #CoveredCalls #VXXGame – Finally…
$SVXY #CoveredCalls #VXXGame – Finally strike prices well above my cost basis have enough premium.
Sold SVXY Jun 17 2016 61.0 Calls @ 1.40
Sold SVXY Sep 16 2016 70.0 Calls @ 1.75
Sold SVXY Sep 16 2016 75.0 Calls @ 1.05
#OptionsExpiration – if it hadn’t…
#OptionsExpiration – if it hadn’t been for a late week sprike in $NUGT, it would have been a better week.
Still, a set of very large $SVXY Covered Calls expired and I have replaced a lot of them with weekly and monthly calls with much higher strike prices. Certainly easier then being forced to roll them.
— Expirations —
AAPL (Weekly) Apr 8 2016 111 Calls (Covered)
NUGT (Weekly) Apr 8 2016 30 Puts
NUGT (Weekly) Apr 8 2016 90 Calls
SVXY (Weekly) Apr 8 2016 49.5 Calls
SVXY (Weekly) Apr 8 2016 50 Calls
SVXY (Weekly) Apr 8 2016 51 Calls
SVXY (Weekly) Apr 8 2016 53 Calls
TWTR (Weekly) Apr 8 2016 18.5 Calls (Covered)
UVXY (Weekly) Apr 8 2016 18 Puts
UVXY (Weekly) Apr 8 2016 24 Calls (Covered)
UVXY (Weekly) Apr 8 2016 25 Calls
UVXY (Weekly) Apr 8 2016 26 Calls
— Assignments —
DUST (Weekly) Apr 8 2016 3 Puts
XOP (Weekly) Apr 8 2016 31 Calls (Covered) – exchanging stock for cash
$NUGT #ShortCalls #Rollup – two…
$NUGT #ShortCalls #Rollup – two rolls today for a couple of smallish positions –
Bought to close NUGT APR 8 2016 60.0 Calls @ 11.31
Sold NUGT MAY 6 2016 65.0 Calls @ 12.91 – added 5 points to the strike price plus 1.60 Credit
Bought to close NUGT APR 8 2016 53.0 Calls @ 18.66
Sold NUGT JUN 17 2016 65.0 Calls @ 18.90 – bumped the strike price up 12 points at a 0.24 Credit
$UVXY #CoveredCalls #VXXGame – Sold…
$UVXY #CoveredCalls #VXXGame – Sold UVXY Apr 15 2016 28.0 Calls @ 0.39, replacing strike 24.0 covered calls that expire this afternoon.
$SVXY #CoveredCalls #VXXGame #OptionLadder -…
$SVXY #CoveredCalls #VXXGame #OptionLadder – filling out my May #OptionLadder, replacing strike 49.5, 50, 51 and 53 strike calls that expire today
Sold SVXY May 20 2016 60.0 Calls @ 0.75
Sold SVXY May 20 2016 61.0 Calls @ 0.65
$UVXY #ShortPuts – I let…
$UVXY #ShortPuts – I let myself get spooked out of today’s strike 20 puts even though they may expire. The stock did touch 19.75 this morning so it was briefly in the money.
Anyway, I rolled down and out to strike prices more likely to expire.
Bought to close UVXY Apr 08 2016 20.0 Puts @ 0.22 – I still made about a dime per contract profit, so not all bad
Sold UVXY Apr 29 2016 16.5 Puts @ 0.90
Sold UVXY Apr 29 2016 16.0 Puts @ 0.73
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls #OptionLadder – selling these in anticipation of my strike 50 calls for today expiring
Sold SVXY Apr 22 2016 54.0 Calls @ 0.52
Sold SVXY May 06 2016 57.5 Calls @ 0.55
Sold SVXY May 20 2016 60.0 Calls @ 0.70
$CMG #CoveredPuts – Sold CMG…
$CMG #CoveredPuts – Sold CMG Apr 15 2016 395.0 Puts @ 0.30. These expire next Friday
$NUGT #ShortCalls – Sold 1…
$NUGT #ShortCalls – Sold 1 NUGT MAY 13 2016 95.0 Call @ 3.30. Highest available strike price.
$NUGT #ShortCalls – Sold 1…
$NUGT #ShortCalls – Sold 1 NUGT JAN 20 2017 105.0 Call @ 16.50
$SVXY #ShortPuts – sticking a…
$SVXY #ShortPuts #OptionLadder – sticking a toe in the water again on the Put side
Sold 1 SVXY May 20 2016 39.0 Put @ 1.75
Sold 1 SVXY May 20 2016 38.0 Put @ 1.55
Sold 1 SVXY May 20 2016 37.0 Put @ 1.45
Sold 1 SVXY May 20 2016 36.0 Put @ 1.20
Sold 2 SVXY May 20 2016 35.0 Puts @ 1.05
$SVXY #CoveredCalls – after what…
$SVXY #CoveredCalls – after what happened last Friday when SVXY rallied hard, I decided to roll my only ITM covered call position early, while the stock is off 3 points.
Bought to close SVXY Apr 08 2016 45.0 Calls @ 3.06
Sold SVXY Apr 29 2016 47.0 Calls @ 3.76 – Added 2 points to my strike price plus a 0.70 credit
@Jeff – $KMX might be…
@Jeff – $KMX might be a good earning play. On the move today. Approaching resistance.
$SVXY – I have so…
$SVXY – I have so many short calls in SVXY that I actually am ahead on my SVXY position today
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST Apr 15 2016 3.0 Puts @ 0.20. If NUGT stays below 63 then DUST should stay above 3.
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY Apr 08 2016 24.0 Calls @ 0.38 against stock that was acquired via put assignment at 22 last Friday
$UVXY #ShortPuts – used today’s…
$UVXY #ShortPuts – used today’s opening to adjust a put position for this week –
Bought to close UVXY Apr 08 2016 19.0 Puts @ 0.40 – made a dime profit
Sold UVXY Apr 08 2016 18.0 Puts @ 0.20 – sold twice as many so the trade is a wash as far as cash
I’ve lowered my risk point to a price below the YTD low on the stock.
$SVXY #ShortPuts #OptionLadder – so…
$SVXY #ShortPuts #OptionLadder – so with a lump in my throat I did the following today:
Sold a block of SVXY stock at 52.13 (at a gain from last September).
Then sold the following Puts to more than replace the stock position –
Sold SVXY Apr 22 2016 40.0 Puts @ 0.40
Sold SVXY Apr 29 2016 40.0 Puts @ 0.65
Sold SVXY May 13 2016 40.0 Put @ 1.10
Sold SVXY May 20 2016 40.0 Puts @ 1.35
#OptionsExpiration #Weeklys #Apr01 – with…
#OptionsExpiration #Weeklys #Apr01 – with the Fed juicing the market and crushing volatility I had to scramble to roll ITM $SVXY positions up and out.
— Expirations —
CMG (Weekly) Apr 1 2016 415 Puts (covered)
DUST (Weekly) Apr 1 2016 3 Puts
NUGT (Weekly) Apr 1 2016 40 Puts
NUGT (Weekly) Apr 1 2016 90 Calls
NUGT (Weekly) Apr 1 2016 105 Calls
SVXY (Weekly) Apr 1 2016 38 Puts
SVXY (Weekly) Apr 1 2016 39 Puts
XOP (Weekly) Apr 1 2016 32 Calls (covered)
— Assignments —
UVXY (Weekly) Apr 1 2016 22 Puts
$AAPL #CoveredCalls #Rollup – too…
$AAPL #CoveredCalls #Rollup – too close to mess with so I rolled out a week and up a point
Bought to close AAPL Apr 01 2016 110.0 Calls @ 0.01
Sold AAPL Apr 08 2016 111.0 Calls @ 0.59
$SVXY #CoveredCalls #Rollup – I…
$SVXY #CoveredCalls #Rollup – I came into today thinking at least this one would expire. No such luck.
Bought to close SVXY Apr 01 2016 51.5 Calls @ 0.47
Sold SVXY Apr 08 2016 53.0 Calls @ 0.93 – added 1.5 points to my strike price for a nice premium
$UVXY #ShortPuts #VXXGame – Bought…
$UVXY #ShortPuts #VXXGame – Bought to close UVXY Apr 01 2016 20.0 Puts @ 0.20 to avoid possible assignment tonight.
A tiny gain after commissions but at least I avoided going long in this account, for this week at least.
$NUGT #ShortCalls #Rollup – Trade…
$NUGT #ShortCalls #Rollup – Trade at the open to avoid possible assignment tonight. Surprisingly, this is the only NUGT position I needed to roll this week.
Bought to close NUGT Apr 01 2016 52.5 Calls @ 3.09 – Sold on a previous roll for 17.70
Sold NUGT May 06 2016 64.0 Calls @ 5.64 – I pushed the strike out 5 weeks and up 11.5 points for a 2.55 credit.
$SVXY #CoveredCalls #IRA #Rollup –…
$SVXY #CoveredCalls #IRA #Rollup – Trade at the open to avoid possible assignment tonight –
Bought to close SVXY Apr 01 2016 47.5.0 Calls @ 1.60
Sold SVXY Apr 15 2016 50.0 Calls @ 1.90 – I pushed the strike out 2 weeks and up 2.5 points for a 0.30 credit.
Positions I rolled yesterday were obviously done too early, but I will reap the rewards of those rolls throughout the month of April.
$X #ShortPuts – Bought to…
$X #ShortPuts – Bought to close X Apr 15 2016 7.0 Puts @ 0.01. These can’t drop any lower and this releases some margin.
Originally sold last November @ 1.35
$SVXY #CoveredCalls #IRA #Rollup –…
$SVXY #CoveredCalls #IRA #Rollup – also got this done.
Bought to close SVXY Apr 01 2016 49.0 Calls @ 1.86
Sold SVXY Apr 15 2016 51.0 Calls @ 2.17 – pushed the strike out 2 weeks and up 2 points for a 0.31 credit
$SVXY #CoveredCalls #IRA #Rollup -…
$SVXY #CoveredCalls #IRA #Rollup – got these done too.
Bought to close SVXY Apr 01 2016 48.5 Calls @ 2.23
Sold SVXY Apr 08 2016 49.5 Calls @ 2.43 – pushed the strike out a week and up a point for a 0.20 credit
Bought to close SVXY Apr 01 2016 48.5 Calls @ 1.83
Sold SVXY Apr 22 2016 51.0 Call @ 2.53 – pushed the strike out 3 weeks and up 2.5 points for a 0.70 credit
$SVXY #CoveredCalls #RolledUp – so…
$SVXY #CoveredCalls #RolledUp – so week to week I decide whether to keep my long stock and let it work. I rolled up big positions this afternoon but I also have some OTM and NTM calls that I will deal with tomorrow.
Bought to close SVXY Apr 01 2016 48.0 Calls @ 2.91
Sold SVXY Apr 29 2016 51.0 Calls @ 3.36 – a 3 point bump in the strike price plus a 0.45 credit
Bought to close SVXY Apr 01 2016 47.0 Calls @ 3.75
Sold SVXY Apr 15 2016 48.5 Calls @ 3.85 – a 1 point bump in the strike plus a 0.10 credit (could have done better)
Bought to close SVXY Apr 01 2016 47.0 Calls @ 3.60
Sold SVXY May 06 2016 51.0 Call @ 3.70 – a 4 point bump in the strike plus a 0.10 credit
I’ve now spread out my calls a bit into different weeks so I don’t have a repeat of this week’s action causing me to roll all of my positions at once.
$NUGT #ShortPuts- Sold NUGT Apr…
$NUGT #ShortPuts- Sold NUGT Apr 01 2016 52.0 Puts @ 0.20. These expire tomorrow.
$SVXY #ShortCalls – Bought to…
$SVXY #ShortCalls – Bought to close SVXY Jun 17 2016 80.0 Calls @ 0.05 . Lightened up on a very large short position to release some margin.
Originally sold in December at 1.65/1.70/1.75
$SVXY #CoveredCalls #OptionLadder – SVXY…
$SVXY #CoveredCalls #OptionLadder – SVXY is back up to the March 22nd high. Sold these in anticipation of a big double top
Sold SVXY Apr 15 2016 53.0 Calls @ 0.55
Sold SVXY Apr 29 2016 55.0 Calls @ 0.80
Sold SVXY May 20 2016 60.0 Calls @ 0.55
Sold SVXY Jun 17 2016 61.0 Calls @ 1.15
$NUGT #ShortCalls – Sold 1…
$NUGT #ShortCalls – Sold 1 NUGT JUN 17 2016 105.0 Call @ 4.90
$UVXY #ShortPuts – Sold UVXY…
$UVXY #ShortPuts – Sold UVXY APR 22 2016 17.0 Puts @ 0.53
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST Apr 15 2016 3.0 Puts @ 0.25. All of the DUST puts I’ve sold at 3 have expired … so far
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Jun 17 2016 60.0 Calls @ 1.25 in an IRA.
Options Bistro 