$UVXY #CoveredCalls #IRA – these…

$UVXY #CoveredCalls #IRA – these are easy to roll if they go in the money (which I hope happens)
Sold UVXY AUG 12 2016 26.0 Calls @ 0.20
Sold UVXY AUG 12 2016 26.5 Calls @ 0.16
Sold UVXY AUG 12 2016 27.0 Calls @ 0.12
Sold UVXY AUG 12 2016 28.0 Calls @ 0.11

Sold UVXY AUG 19 2016 34.0 Calls @ 0.21

$BMY #ShortPuts #FallingKnife – Sold…

$BMY #ShortPuts #FallingKnife – Sold BMY Dec 16 2016 55.0 Puts @ 1.84

$VIX $SVXY – the VIX…

$VIX $SVXY – the VIX index is at 11.03. The 3 year low, going back to mid 2013 is at 10.28.
Don’t know what to make of this but I’m selling some SVXY stock around 74 and buying back my shortest term ITM covered Calls to get closer to an all cash position. I may be early, but there is little time premium left to be made on these covered call positions. Might as well cash out now.
I can always sell puts later.

#OptionsExpiration #Weeklys #Aug05 – not…

#OptionsExpiration #Weeklys #Aug05 – not a bad week. True to form $SVXY soared on expiration day, making rollups more difficult and less profitable. $NUGT finally fell back from a new yearly high.

No assignments this week.

— Expirations —
CBS (Weekly) Aug 5 2016 50 Puts
NUGT (Weekly) Aug 5 2016 85 Puts
NUGT (Weekly) Aug 5 2016 185 Calls
NUGT (Weekly) Aug 5 2016 190 Calls
NUGT (Weekly) Aug 5 2016 200 Calls
SVXY (Weekly) Aug 5 2016 40 Puts
SVXY (Weekly) Aug 5 2016 56 Puts
SVXY (Weekly) Aug 5 2016 57 Puts
SVXY (Weekly) Aug 5 2016 57.5 Puts
UVXY (Weekly) Aug 5 2016 31.5 Calls (Covered)
UVXY (Weekly) Aug 5 2016 32 Calls (Covered)
UVXY (Weekly) Aug 5 2016 33 Calls (Covered)
UVXY (Weekly) Aug 5 2016 34 Calls (Covered)
UVXY (Weekly) Aug 5 2016 37 Calls (Covered)
UVXY (Weekly) Aug 5 2016 37.5 Calls (Covered)
UVXY (Weekly) Aug 5 2016 38 Calls (Covered)
UVXY(ns)(Weekly) Aug 5 2016 24 Calls
UVXY(ns)(Weekly) Aug 5 2016 16 Calls

$SVXY #CoveredCalls #Rollup – another…

$SVXY #CoveredCalls #Rollup – another rollup I didn’t think I would have to make.
Bought to close SVXY Aug 5 2016 68.0 Calls @ 1.98 with the stock at 69.92
Sold SVXY Sep 9 2016 70.5 Calls @ 4.84.
At least this new strike price is above the YTD high of 70.15 reached this morning.

$SVXY #CoveredCalls #Rollup – another…

$SVXY #CoveredCalls #Rollup – another rollup I didn’t think I would have to make.
Bought to close SVXY Aug 5 2016 67.0 Calls @ 2.98 with the stock at 69.93
Sold SVXY Aug 26 2016 69 Calls @ 4.22.
Earned all the time premium on the 67.0 calls, Raised the strike price 2 Points, and brought in 1.24 credit to pad my cash balance.
It’s all good as long as the stock keeps rising.

$NUGT #ShortCalls – getting out…

$NUGT #ShortCalls – getting out ahead of the spilt
Bought to close 1 NUGT JAN 20 2017 105.0 Call @ 70.00
Bought to close 1 NUGT SEP 16 2016 185.0 Call @ 14.80 – may have made a few pennies profit on this one

$NUGT – nice pullback

$NUGT – nice pullback

$SVXY #CoveredCalls #Rollup – one…

$SVXY #CoveredCalls #Rollup – one of many rollups I’m doing in various accounts for SVXY.
Bought to close SVXY Aug 5 2016 64.0 Calls @ 3.67
Sold SVXY Sep 23 2016 70.0 Calls @ 5.20 for a 1.53 Credit plus 6 points on the strike price.

This trade puts the new strike price above the YTD high on SVXY.

In this account I’m using a 3:1 overwrite strategy with an #OptionLadder approach. So if SVXY collapses again I’m not likely to get hurt to the downside unless the stock stays down for more than 6 weeks. For each individual week I only have calls outstanding on 50% of my long stock. I roll that position each week out to a week that I have no exposure in, at successively higher strike prices.

At some point I will start letting some of my stock go and switch to selling puts.

$SRPT #ShortStrangle – Sold SRPT…

$SRPT #ShortStrangles #Speculation- Sold SRPT AUG 19 2016 55.0 Calls / SRPT AUG 19 2016 7.0 Puts @ 0.90 Credit
The call is the highest available.

$UVXY #ShortCalls #VXXGame – Sold…

$UVXY #ShortCalls #VXXGame – Sold UVXY Aug 5 2016 33.0 Calls @ 0.24.
These expire Friday and are partially hedged by long stock

$NUGT #ShortPuts #IRA – bought…

$NUGT #ShortPuts #IRA – bought these two positions back at minimum value with no commission. This frees up cash in an IRA for other puts sales.

Bought to close 1 NUGT SEP 16 2016 29.0 Put @ 0.05 – originally sold for 2.50 on 05/19/2016
Bought to close 1 NUGT SEP 16 2016 28.0 Put @ 0.05 – also sold for 2.50 on 05/19/2016

So almost a $500 gain on a $5200 cash basis (taking into account the premiums up front) in 2.5 months. Not bad 🙂

I wish they were all this easy.

$UVXY #ShortCalls – climbing the…

$UVXY #ShortCalls – climbing the ladder for this week’s expiration
Sold UVXY AUG 5 2016 38.0 Calls @ 0.21

$SVXY #ShortPuts – Sold SVXY…

$SVXY #ShortPuts – Sold SVXY Aug 5 2016 56.0 Puts @ 0.35. These expire Friday. Or I will take assignment.
I just sold stock yesterday @ 66.80

$UVXY #CoveredCalls #IRA – forgot…

$UVXY #CoveredCalls #IRA – forgot one – Sold UVXY AUG 5 2016 32.0 Calls @ 0.56.
Will roll if required, but no margin issues

$UVXY #ShortCalls #VXXGame – these…

$UVXY #ShortCalls #VXXGame – these are all at the highest available strikes with the risk spread out to different expiration periods and all small trades. But I can’t pass up on the chance to sell.
Sold UVXY AUG 19 2016 60.0 Calls @ 0.63
Sold 1 UVXY AUG 26 2016 58.0 Call @ 1.10
Sold 1 UVXY SEP 2 2016 58.0 Call @ 1.50
Sold 1 UVXY SEP 16 2016 56.0 Call @ 2.36
Sold 1 UVXY OCT 21 2016 55.0 Call @ 4.05
Sold 1 UVXY MAR 17 2017 60.0 Call @ 7.70

$UVXY #CoveredCalls #IRA – since…

$UVXY #CoveredCalls #IRA – since these can easily be rolled, and are covered, I sold all these today with the stock between 27 and 27.50.
UVXY AUG 5 2016 31.5 Calls @ 0.54
UVXY AUG 5 2016 34.0 Calls @ 0.29
UVXY AUG 5 2016 37.0 Calls @ 0.17
UVXY AUG 5 2016 37.5 Calls @ 0.19
These will probably expire in 3 days

$UVXY #ShortCalls – Sold UVXY…

$UVXY #ShortCalls – Sold UVXY Aug 12 2016 58.0 Calls @ 0.24. Only 9 more trading days until expiration with the stock at 25.
Highest available strike

$XOM $RIG #ShortPuts #FallingKnife -…

$XOM $RIG #ShortPuts #FallingKnife – sold these on the oil weakness
Sold XOM Aug 26 2016 80 Puts @ 0.37 – these have only a few weeks until expiration
Sold $RIG Nov 18 2016 7 Puts @ 0.29 – longer term with the strike below the YTD low

$SVXY #CoveredCalls #ShortCalls – responding…

$SVXY #CoveredCalls #ShortCalls – responding to margin pressure in my account I made the following moves:
Sold SVXY @ 66.80
Rolled SVXY AUG 12 2016 61.0 Calls @ 7.12 to SVXY JAN 19 2018 95.0 Call @ 10.00 for a 2.88 Credit.
That will leave the long term calls short but with a strike price near the all-time high on the stock.

$VIX $SPX – http://www.bloomberg.com/news/articles/2016-08-01/insuring-against-a-market-selloff-just-keeps-getting-cheaper

$VIX $SPX – http://www.bloomberg.com/news/articles/2016-08-01/insuring-against-a-market-selloff-just-keeps-getting-cheaper

#OptionsExpiration #Weeklys #Jul29 – two…

#OptionsExpiration #Weeklys #Jul29 – two runaway freight trains, $SVXY and $NUGT, made this week hard to manage. I had to roll some more SVXY calls and even though I made a ton of money in NUGT puts, the run in the stock caused me margin issues.

I let a bit of AAPL and SVXY (IRA acct) get called away and let my last UVXY put position get assigned. Can Volatility stay this low forever? (Of course it can)

— Expirations —
CHK (Weekly) Jul 29 2016 5.5 Calls (Covered)
DUST (Weekly) Jul 29 2016 8 Calls (Covered)
DUST (Weekly) Jul 29 2016 8.5 Calls (Covered)

NUGT (Weekly) Jul 29 2016 92 Puts
NUGT (Weekly) Jul 29 2016 95 Puts
NUGT (Weekly) Jul 29 2016 108 Puts
NUGT (Weekly) Jul 29 2016 108.5 Puts
NUGT (Weekly) Jul 29 2016 109 Puts
NUGT (Weekly) Jul 29 2016 109.5 Puts
NUGT (Weekly) Jul 29 2016 110 Puts
NUGT (Weekly) Jul 29 2016 110.5 Puts
NUGT (Weekly) Jul 29 2016 111 Puts
NUGT (Weekly) Jul 29 2016 111.5 Puts
NUGT (Weekly) Jul 29 2016 112 Puts
NUGT (Weekly) Jul 29 2016 112.5 Puts
NUGT (Weekly) Jul 29 2016 113 Puts
NUGT (Weekly) Jul 29 2016 113.5 Puts
NUGT (Weekly) Jul 29 2016 114 Puts
NUGT (Weekly) Jul 29 2016 114.5 Puts
NUGT (Weekly) Jul 29 2016 115 Puts
NUGT (Weekly) Jul 29 2016 180 Calls
NUGT (Weekly) Jul 29 2016 185 Calls

SVXY (Weekly) Jul 29 2016 40 Puts
SVXY (Weekly) Jul 29 2016 43 Puts
SVXY (Weekly) Jul 29 2016 67 Calls

UVXY (Weekly) Jul 29 2016 (ns) 10 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 11 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 12 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 14 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 15 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 30 Calls

— Assignments —
AAPL (Weekly) Jul 29 2016 103 Calls (Covered)
SVXY (Weekly) Jul 29 2016 61 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 7 Puts

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY Aug 5 2016 65.0 Calls @ 0.90. I was missing this week from my short call #OptionLadder

$UVXY #ShortCalls – Bought to…

$UVXY #ShortCalls – Bought to close UVXY2 SEP 16 2016 40.0 Calls @ 0.01 (no commission).
These are the pre-split options that still have 53 days to go before expiration.
These were sold just 20 days ago @ 0.44.

$UVXY #CoveredCalls – Sold UVXY2…

$UVXY #CoveredCalls – Sold UVXY2 AUG 12 2016 12.0 Calls @ 0.20 . These are the pre-split options.
The Post-split options won’t start trading until tomorrow.

$NUGT #ShortPuts – Sold 1…

$NUGT #ShortPuts – Sold 1 NUGT AUG 5 2016 85.0 Put @ 1.15

$AAPL #CoveredCalls – Sold AAPL…

$AAPL #CoveredCalls – Sold AAPL Jul 29 2016 103.0 Calls @ 0.45. Earnings this week.

$DUST #CoveredCalls – Sold DUST…

$DUST #CoveredCalls – Sold DUST Jul 29 2016 8.0 Calls @ 0.20

$SVXY #CoveredCalls #Weeklys #Options Ladder…

$SVXY #CoveredCalls #Weeklys #OptionsLadder – on the open this morning, replacing calls that expired Friday –
Sold SVXY Aug 12 2016 66.5 Calls @ 0.80
Sold SVXY Aug 19 2016 67.0 Calls @ 1.15
Sold SVXY Aug 26 2016 69.0 Calls @ 1.10
Sold SVXY Sep 02 2016 70.0 Calls @ 1.20

#Earning – 197 S&P 500…

#Earnings – 197 S&P 500 companies are due to report (or 38% of the index market cap) with the notable names including Apple (Tuesday), Verizon (Tuesday), Facebook (Wednesday), Coca-Cola (Wednesday), Alphabet (Thursday), Exxon Mobil (Friday) and Chevron (Friday).

#OptionsExpiration #Weeklys #Jul22 – only…

#OptionsExpiration #Weeklys #Jul22 – only the continuing rally in SVXY and the decline in UVXY kept this from being a week when every short position expired.

— Expired —
AAPL (Weekly) Jul 22 2016 101 Calls (Covered)
CMG (Weekly) Jul 22 2016 300 Puts
CMG (Weekly) Jul 22 2016 305 Puts
DUST (Weekly) Jul 22 2016 7.5 Calls (Covered)
DUST (Weekly) Jul 22 2016 8 Calls (Covered)
HUM (Weekly) Jul 22 2016 140 Puts
NFLX (Weekly) Jul 22 2016 79 Puts
NUGT (Weekly) Jul 22 2016 109 Puts
NUGT (Weekly) Jul 22 2016 117 Puts
NUGT (Weekly) Jul 22 2016 117.5 Puts
NUGT (Weekly) Jul 22 2016 118 Puts
NUGT (Weekly) Jul 22 2016 210 Calls
SVXY (Weekly) Jul 22 2016 40 Puts
SVXY (Weekly) Jul 22 2016 45 Puts
SVXY (Weekly) Jul 22 2016 63.5 Calls (Covered)
SVXY (Weekly) Jul 22 2016 64 Calls (Covered)
SVXY (Weekly) Jul 22 2016 65 Calls (Covered)
SVXY (Weekly) Jul 22 2016 67 Calls (Covered)
UVXY (Weekly) Jul 22 2016 11 Calls (Covered)
UVXY (Weekly) Jul 22 2016 12 Calls (Covered)
UVXY (Weekly) Jul 22 2016 15 Calls (Covered)
UVXY (Weekly) Jul 22 2016 16 Calls (Covered)
UVXY (Weekly) Jul 22 2016 21 Calls
UVXY (Weekly) Jul 22 2016 22 Calls
UVXY (Weekly) Jul 22 2016 30 Calls
WDC (Weekly) Jul 22 2016 52.5 Calls

— Assignments —
UVXY (Weekly) Jul 22 2016 6.5 Puts – I used these to round up existing positions to multiples of 500 shares prior to the coming reverse split.
UVXY (Weekly) Jul 22 2016 7 Puts
UVXY (Weekly) Jul 22 2016 7.5 Puts

$SVXY #CoveredCalls #Rollup #IRA -…

$SVXY #CoveredCalls #Rollup #IRA – this would have been easier if SVXY had stayed near the opening price all day
Bought to close SVXY Jul 22 2016 56.0 Calls/Sold SVXY Aug 12 2016 58.5 Calls for a 0.25 Credit.
Bought to close SVXY Jul 22 2016 59.5 Calls/Sold SVXY Jul 29 2016 61.0 Calls for a 0.57 Credit.

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY Sep 2 2016 65.0 Calls @ 3.00. My first trade in this new weekly contract.
The effective assignment price would be above the high for the year on the stock.

$UVXY #CoveredCalls – Sold UVXY…

$UVXY #CoveredCalls – Sold UVXY AUG 19 2016 18.0 Calls @ 0.19 with the stock at 6.41

$SVXY #CoveredCalls #Rollup #IRA =…

$SVXY #CoveredCalls #Rollup #IRA = starting my rolls for ITM Calls
Bought to close SVXY Jul 22 2016 56.5 Calls/Sold SVXY Aug 5 2016 59.0 Calls for a 0.50 Credit.
I added two weeks to my holding period but bumped the strike price up 2 1/2 points.

$CF #CoveredCalls – Sold CF…

$CF #CoveredCalls – Sold CF NOV 18 2016 35.0 Calls @ 0.47

$UVXY #CoveredCalls – Sold UVXY…

$UVXY #CoveredCalls – Sold UVXY Sep 02 2016 12.0 Calls @ 0.59. Highest available strike price for this weekly.

$NUGT #ShortCalls – Sold NUGT…

$NUGT #ShortCalls – Sold NUGT Jul 29 2016 185.0 Calls @ 0.75. Paired with Puts I sold yesterday with the stock 10 points lower.

NUGT #ShortPuts – Sold NUGT…

NUGT #ShortPuts – Sold NUGT Aug 19 2016 70.0 Puts @ 1.10 with the stock at 123.13

$DUST #CoveredCalls – sold these…

$DUST #CoveredCalls – sold these today with the stock at 7.0.
Sold DUST Jul 29 2016 8.0 Calls @ 0.25
Sold DUST Mar 17 2017 12.0 Calls @ 1.50. Highest available strike price

$NUGT #ShortPuts – sold both…

$NUGT #ShortPuts – sold both these
Sold NUGT Jul 22 2016 109.0 Puts @ 0.55 – these expire in 2 days
Sold 1 NUGT Jul 29 108 Put @ 3.60

$VIX – http://www.zerohedge.com/news/2016-07-20/vix-hits-11-handle-crashes-fastest-pace-history

$VIX – http://www.zerohedge.com/news/2016-07-20/vix-hits-11-handle-crashes-fastest-pace-history

$UVXY #ShortCalls #ClassicVXXGame – Bought…

$UVXY #ShortCalls #ClassicVXXGame – Bought to Close 1 UVXY JAN 19 2018 115.0 Call @ 0.70.
Cleaning this position up before the reverse split.
Originally sold about a month ago at 3.60.
Still 548 days until expiration

$IBM #Earning – sold these…

$IBM #Earnings – sold these yesterday into expected earnings. Today I closed them. Easy peezy.
Bought to close IBM (Weekly) Jul 22 2016 139.0 Puts @ 0.01
Bought to close IBM (Weekly) Jul 22 2016 141.0 Puts @ 0.01

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY Aug 12 2016 65.0 Calls @ 1.05

$HUM #ShortPuts – Sold HUM…

$HUM #ShortPuts – Sold HUM (Weekly) Jul 22 2016 140 Puts @ 0.75.
Going back into this issue for the 2nd week in a row at this strike price

$IBM $NFLX #Earning – sold…

$IBM $NFLX #Earnings – sold these this morning into expected earnings –
IBM (Weekly) Jul 22 2016 139 Puts @ 0.20
IBM (Weekly) Jul 22 2016 141.0 Puts @ 0.25
NFLX (Weekly) Jul 22 2016 79.0 Puts @ 0.30

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY AUG 5 2016 65.0 Calls @ 0.50

$SVXY #CoveredCalls #OptionLadder #IRA -…

$SVXY #CoveredCalls #OptionLadder #IRA – keeping the cash flowing into a couple of IRA accounts, replacing positions that expired Friday.
Sold SVXY JUL 22 2016 59.5 Calls @ 0.65
Sold SVXY JUL 29 2016 60.0 Calls @ 1.20
Sold SVXY AUG 5 2016 60.0 Calls @ 1.95
Sold SVXY AUG 12 2016 65.0 Calls @ 0.80
Sold SVXY AUG 19 2016 65.0 Calls @ 1.10

#OptionsExpiration #Monthly #Jul15 – a…

#OptionsExpiration #Monthly #Jul15 – a big one today.
Liquidated some stock positions at nice gains, getting back some much needed cash.
A couple of Put assignments, but all on low cost issues.

— Expirations —
AAPL Jul 15 2016 100 Calls (Covered)
ADBE Jul 15 2016 105 Calls
ADBE Jul 15 2016 70 Puts
CHK Jul 15 2016 4 Puts

DUST Jul 15 2016 33 Calls (Covered)
DUST Jul 15 2016 16 Calls (Covered)
DUST Jul 15 2016 7 Calls (Covered)

ETE Jul 15 2016 13 Puts
FL Jul 15 2016 50 Puts
HUM Jul 15 2016 140 Puts
JOY Jul 15 2016 10 Puts
JOY Jul 15 2016 25 Calls
KATE Jul 15 2016 14 Puts
KMX Jul 15 2016 40 Puts
MRO Jul 15 2016 15.5 Calls (Covered)
MRO Jul 15 2016 10 Puts
MRO Jul 15 2016 8 Puts
NFLX Jul 15 2016 105 Calls

NUGT Jul 15 2016 160 Calls
NUGT Jul 15 2016 175 Calls
NUGT Jul 15 2016 220 Calls

RGR Jul 15 2016 55 Puts
RH Jul 15 2016 27 Puts
SDRL Jul 15 2016 3 Puts

SVXY Jul 15 2016 33 Puts
SVXY Jul 15 2016 42 Puts
SVXY Jul 15 2016 43 Puts
SVXY Jul 15 2016 44 Puts
SVXY Jul 15 2016 45 Puts
SVXY Jul 15 2016 46 Puts
SVXY Jul 15 2016 47 Puts
SVXY Jul 15 2016 49 Puts

SVXY Jul 15 2016 60 Calls
SVXY Jul 15 2016 62 Calls
SVXY Jul 15 2016 64 Calls
SVXY Jul 15 2016 65 Calls
SVXY Jul 15 2016 67 Calls
SVXY Jul 15 2016 70 Calls
SVXY Jul 15 2016 71 Calls

SWN Jul 15 2016 14 Calls (Covered)

UVXY Jul 15 2016 8 Calls (Covered)
UVXY Jul 15 2016 12.5 Calls (Covered)
UVXY Jul 15 2016 22 Calls (Covered)
UVXY Jul 15 2016 23 Calls (Covered)
UVXY Jul 15 2016 24 Calls (Covered)
UVXY Jul 15 2016 32 Calls (Covered)

WDC Jul 15 2016 40 Puts

— Assignments —
CNX Jul 15 2016 15 Calls (Covered)
DUST Jul 15 2016 7 Puts
GTLS Jul 15 2016 25 Calls (Covered)
JWN Jul 15 2016 40 Calls (Covered)
SDRL Jul 15 2016 5 Puts
SVXY Jul 15 2016 54 Calls (Covered)
UVXY Jul 15 2016 8 Puts
WDC Jul 15 2016 50 Calls (Covered)

#earnings http://www.cboeoptionshub.com/2016/07/14/earnings-next-week-718-722/

#earnings http://www.cboeoptionshub.com/2016/07/14/earnings-next-week-718-722/

$UVXY #ShortCalls #VXXGame – Sold…

$UVXY #ShortCalls #VXXGame – Sold UVXY AUG 19 2016 26.0 Calls @ 0.15

$CMG #ShortPuts #ScalpTrade #Earnings -…

$CMG #ShortPuts #ScalpTrade #Earnings – Sold CMG JUL 22 2016 300.0 Puts @ 0.60 with the stock at 405. One week until expiration.

$UVXY #CoveredCalls #VXXGame – Sold…

$UVXY #CoveredCalls #VXXGame – Sold UVXY Jul 29 2016 12.0 Calls @ 0.17 with the stock at 7.10

$SVXY #CoveredCalls #Rollup #VXXGame -…

$SVXY #CoveredCalls #Rollup #VXXGame – I rolled all the calls that I need to for this week in the first 30 minutes this morning.

I have some 54 calls that I’m going to let get assigned this week because I got over 9 points premium when I sold them. That gets me out of a block of the stock above 63. I’ll take it and move closer to cash.

Bought to close SVXY JUL 15 2016 55.0 Calls/Sold SVXY JUL 22 2016 56.5 Calls for a 0.05 Credit
Bought to close SVXY JUL 15 2016 55.5 Calls/Sold SVXY JUL 22 2016 57.0 Calls for a 0.05 Credit
Bought to close SVXY JUL 15 2016 56.0 Calls/Sold SVXY JUL 22 2016 58.0 Calls for a 0.05 Credit
Bought to close SVXY JUL 15 2016 56.5 Calls/Sold SVXY JUL 22 2016 58.5 Calls for a 0.10 Credit

I added either 1.5 or 2.0 points to the strike prices for only one more week of exposure.

$SVXY #CoveredCalls #Rollup – did…

$SVXY #CoveredCalls #Rollup – did the following roll this afternoon –
Bought to close SVXY JUL 15 2016 55.0 Calls / Sold SVXY JUL 22 2016 56.0 Calls for a 0.20 credit.
Added a point to the strike price with only an extra week of time added on.
I’ll have others to roll tomorrow unless the market/stock breaks down sharply.
Doesn’t seem likely given the current momentum.

$NUGT #ShortPuts – Sold 1…

$NUGT #ShortPuts – Sold 1 NUGT Jul 29 2016 92.0 Put @ 1.15

$NUGT #ShortPuts #Weeklys – Sold…

$NUGT #ShortPuts #Weeklys – Sold 1 AUG 26 2016 80 Put @ 2.10

$UVXY #CoveredCalls – sold all…

$UVXY #CoveredCalls – sold all the following today
UVXY JUL 29 2016 15.0 Calls @ 0.15
UVXY AUG 19 2016 19.0 Calls @ 0.23
UVXY AUG 26 2016 19.0 Calls @ 0.32

$HUM #ShortPuts #FallingKnife #ScalpTrade -…

$HUM #ShortPuts #FallingKnife #ScalpTrade – Sold HUM JUL 15 2016 140.0 Puts @ .60.
These expire Friday.
Humana was the only stock in the SP500 to hit a new low yesterday.

$UVXY #CoveredCalls #VXXGame – two…

$UVXY #CoveredCalls #VXXGame – two fills
Sold UVXY Jul 22 2016 12.0 Calls @ 0.15
Sold UVXY Aug 19 2016 18.0 Calls @ 0.28

#Markets – http://www.zerohedge.com/news/2016-07-11/greed-and-fear-index-soars-highest-2014

#Markets – http://www.zerohedge.com/news/2016-07-11/greed-and-fear-index-soars-highest-2014

$UVXY #ShortCalls #ClassicVXXGame – Bought…

$UVXY #ShortCalls #ClassicVXXGame – Bought to close 1 UVXY Jan 19 2018 115.0 Call @ 0.80.
I sold this at 3.60 less than a month ago and it still has 557 days to go until expiration.

#OptionsExpiration #Weeklys #Jul08 – A…

#OptionsExpiration #Weeklys #Jul08 – A mostly profitable week. I got out of some extra SVXY stock that I picked up during the Brexit swoon at prices from 44.50 up to 50 at a nice profit.

But I also had to roll some pesky NUGT calls out one more week.

— Expirations —
NUGT (Weekly) Jul 8 2016 60 Puts
NUGT (Weekly) Jul 8 2016 115 Puts
NUGT (Weekly) Jul 8 2016 175 Calls
NUGT (Weekly) Jul 8 2016 210 Calls

SVXY (Weekly) Jul 8 2016 35 Puts
SVXY (Weekly) Jul 8 2016 44.5 Puts
SVXY (Weekly) Jul 8 2016 45 Puts
SVXY (Weekly) Jul 8 2016 60 Calls (Covered)
SVXY (Weekly) Jul 8 2016 62 Calls (Covered)
SVXY (Weekly) Jul 8 2016 64 Calls (Covered)
SVXY (Weekly) Jul 8 2016 65 Calls (Covered)
SVXY (Weekly) Jul 8 2016 67 Calls (Covered)
SVXY (Weekly) Jul 8 2016 69 Calls (Covered)

UVXY (Weekly) Jul 8 2016 10 Calls (Covered)
UVXY (Weekly) Jul 8 2016 10.5 Calls (Covered)
UVXY (Weekly) Jul 8 2016 11 Calls (Covered)
UVXY (Weekly) Jul 8 2016 11.5 Calls (Covered)
UVXY (Weekly) Jul 8 2016 12 Calls (Covered)
UVXY (Weekly) Jul 8 2016 12.5 Calls (Covered)
UVXY (Weekly) Jul 8 2016 22 Calls
UVXY (Weekly) Jul 8 2016 30 Calls

— Assignments —
SVXY (Weekly) Jul 8 2016 53.5 Calls – lightening up on a big long position
SVXY (Weekly) Jul 8 2016 54 Calls – lightening up on a big long position in an IRA
UVXY (Weekly) Jul 8 2016 8 Puts – adding to existing long positions
UVXY (Weekly) Jul 8 2016 8.5 Puts – adding to existing long positions
UVXY (Weekly) Jul 8 2016 9 Puts – adding to existing long positions

$UVXY #ShortCalls #ClassicVXXGame – Bought…

$UVXY #ShortCalls #ClassicVXXGame – Bought to close UVXY Jan 19 2018 115 Calls @ 0.90. Originally sold @ 3.60 and they have 560 days to run until expiration.
Clearing the decks for the coming split.

$SVXY #CoveredCalls – Sold both…

$SVXY #CoveredCalls – Sold both of these, replacing calls expiring today
SVXY Aug 5 2016 60.0 Calls @ 1.25
SVXY Aug 12 2016 60.0 Calls @ 1.95

$SVXY #CoveredCalls #Rollup – Rolled…

$SVXY #CoveredCalls #Rollup – Rolled these in an IRA
Bought to close SVXY JUL 8 2016 53.5 Calls / Sold SVXY JUL 22 2016 56.0 Calls for a 0.20 Credit

$SVXY #CoveredCalls #Rollup – Rolled…

$SVXY #CoveredCalls #Rollup – Rolled these in an IRA
Bought to close SVXY JUL 8 2016 53.5 Calls / Sold SVXY JUL 29 2016 57.0 Calls for a 0.42 Credit

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY DEC 16 2016 80.0 Calls @ 1.30

$NUGT #ShortCall #Rollup – Rolled…

$NUGT #ShortCalls #Rollup – Rolled this one out a week and up 15 points for an 0.80 Credit.

edit: also Rolled another 160 Call for a 1.10 Credit up to 175

$SVXY # CoveredCalls #AfterHours -…

$SVXY # CoveredCalls #AfterHours – Some late reports
Sold SVXY AUG 19 2016 65.0 Calls @ 0.50
Sold SVXY SEP 16 2016 60.0 Calls @ 2.80

$UVXY #CoveredCalls – Sold UVXY…

$UVXY #CoveredCalls – Sold UVXY JUL 15 2016 12.5 Calls @ 0.21

$UVXY #CoveredCalls – Sold UVXY…

$UVXY #CoveredCalls – Sold UVXY July 8 2016 10.0 Calls @ 0.15 with the stock at 9. These expire or get assigned tomorrow.

$UVXY #LongStock – Sold a…

$UVXY #LongStock – Sold a large block of UVXY at 9.05 vs. a Put assignment last Friday at 9.00.
I may get put the stock again tomorrow below 9 so I’m lightening up a bit.

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY DEC 16 2016 80.0 Calls @ 0.90