$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.

$NUGT #ShortCalls – Sold 1…

$NUGT #ShortCalls – Sold 1 NUGT May 06 2016 75.0 Call @ 5.70. Again staying at the top of the chain with a small position

$NUGT #ShortCalls – Sold 1…

$NUGT #ShortCalls – Sold 1 NUGT Sep 16 2016 105.0 Call @ 10.50. Staying small at the highest available strike price.

$NUGT #ShortPuts – Sold NUGT(Weekly)…

$NUGT #ShortPuts – Sold NUGT(Weekly) Apr 01 2016 40.0 Puts @ 0.35. These expire Friday.

$SVXY #CoveredCalls #OptionLadder – sold…

$SVXY #CoveredCalls #OptionLadder – sold the following today
Sold SVXY(Weekly) Apr 01 2016 49.0 Calls @ 0.30
Sold SVXY(Weekly) Apr 29 2016 55.0 Calls @ 0.70
Sold SVXY May 20 2016 60.0 Calls @ 0.50

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY Jan 19 2018 90.0 Calls @ 4.10. The highest available strike this far out. I may hold for a day or a year. Or I may cover for a nickel 6 month from now if SVXY implodes. Whatever, it brings in cash now.

$UVXY #ShortPuts – Sold UVXY…

$UVXY #ShortPuts – Sold UVXY Apr 15 2016 18.0 Puts @ 0.47. The strike is over 3 points below the all time low on the stock and expires in 18 days.

$NFLX #ShortPuts – Bought to…

$NFLX #ShortPuts – Bought to close NFLX Jan 20 2017 85.71 Puts @ 9.75 .

These don’t expire for 298 more days but I’m reducing my downside exposure across the board on ultra long term puts in volatile stocks. I think we have a big downdraft sometime this spring.

Originally sold last August at 11.30 and 12.50. At the time I was short a bunch of NFLX calls which are all gone.

$UVXY #ShortPuts – Sold UVXY…

$UVXY #ShortPuts – Sold UVXY APR 22 2016 17.5 Puts @ 0.46, replacing the strike 23 puts that expired today

#assignments

#OptionsExpiration #Weeklys #Mar24 – a…

#OptionsExpiration #Weeklys #Mar24 – a very good week, especially with NUGT closing below 63 and UVXY closing above 23.

— Expirations —
DUST (Weekly) Mar 24 2016 3 Puts
FEYE (Weekly) Mar 24 2016 19.5 Calls (covered)
NUGT (Weekly) Mar 24 2016 63 Calls
NUGT (Weekly) Mar 24 2016 75 Calls
NUGT (Weekly) Mar 24 2016 80 Calls
NUGT (Weekly) Mar 24 2016 90 Calls
NUGT (Weekly) Mar 24 2016 105 Calls
SVXY (Weekly) Mar 24 2016 47.5 Calls (covered)
UVXY (Weekly) Mar 24 2016 22 Puts
UVXY (Weekly) Mar 24 2016 23 Puts
UVXY (Weekly) Mar 24 2016 80 Calls
WDC (Weekly) Mar 24 2016 53.5 Calls
XOP (Weekly) Mar 24 2016 31.5 Calls (covered)

— Assignments —
DUST (Weekly) Mar 24 2016 5.5 Puts

$SVXY #CoveredCalls #Rollup – rolling…

$SVXY #CoveredCalls #Rollup – rolling up another strike for a credit in an IRA account –
Bought to close SVXY Mar 24 2016 46.0 Calls @ 0.05 (Sold last Friday at 1.63 on another rollup)
Sold to open SVXY Apr 01 2016 48.5 Calls @ 0.35.

$SVXY #CoveredCalls #VXXGame – Sold…

$SVXY #CoveredCalls #VXXGame – Sold SVXY(Weekly) Apr 08 2016 51.0 Calls @ 0.20

$SVXY #ShortPuts – Sold SVXY(Weekly)…

$SVXY #ShortPuts – Sold SVXY(Weekly) APR 1 2016 38.0 Puts @ 0.20. These expire next Friday.

$JOY $KATE #ShortStock – covered…

$JOY $KATE #ShortStock – covered a couple of short stock positions this morning at small gains. The stocks were short because of short calls that I didn’t want to take a loss on and were assigned.
Bought to cover $JOY @ 14.98. Stock originally shorted at 15 and 15.5 plus call premiums
Bought to cover $KATE @ 23.99. Stock originally shorted at 24 plus call premiums

$SVXY #ShortPuts – Sold SVXY(Weekly)…

$SVXY #ShortPuts – Sold SVXY(Weekly) APR 1 2016 39.0 Puts @ 0.33. These expire next Friday.

$SVXY #CoveredCalls #Rollup – rolling…

$SVXY #CoveredCalls #Rollup – rolling up my strike price again for a credit in an IRA account –
Bought to close SVXY Mar 24 2016 45.5 Calls @ 0.05 (Sold last Friday at 1.76 on another rollup)
Sold to open SVXY Apr 01 2016 48.5 Calls @ 0.26.
The new strike price is right about at this week’s high trade price so I’m fairly sure it will expire.

$CMG #CoveredPuts – Sold CMG(Weekly)…

$CMG #CoveredPuts – Sold CMG(Weekly) Apr 01 2016 415.0 Puts @ 0.65

NUGT #ShortCalls #RollUp- rolled my…

NUGT #ShortCalls #RollUp- rolled my only ITM NUGT position for tomorrow’s expiration for a 0.47 credit and boosted the strike price 5 points.
Bought to close NUGT MAR 24 2016 40.0 Calls @ 15.93
Sold to open NUGT MAY 20 2016 45.0 Calls at 16.40

Waiting on big positions at strike 63 that I’m try to exit for a nickel today

$NFLX #ShortPuts – Bought to…

$NFLX #ShortPuts – Bought to close NFLX Jan 20 2017 88.57 Puts @ 11.0.
Originally sold last August at these prices: 11.30/12.40/13.75/16.0
I’ve written at least 10 sets of calls against this position for additional profits.

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY May 20 2016 60.0 Calls @ 0.70. New expiration month now trading.

$UA #ShortPuts – Bought to…

$UA #ShortPuts – Bought to close UA Apr 15 2016 65.0 Puts @ 0.05. They can’t trade any lower.
Originally sold at 1.40 last October.

$RRC – covered the short…

$RRC – covered the short stock position that I took when the March 32.5 Calls were assigned Friday –
Bought to cover RRC at 32.50. Small profits from the trade, even after commissions.

$SVXY #CoveredCalls – replacing positions…

$SVXY #CoveredCalls – replacing positions that expired Friday in an IRA account. Covered now for the next two weeks.
Sold SVXY Apr 01 2016 51.5 Calls @ 0.30
Sold SVXY Apr 08 2016 50.0 Call @ 1.10

$UVXY #ShortPuts – covered a…

$UVXY #ShortPuts – covered a short put that was in the money just a few hours ago, and replaced it with a new position.

Bought to close UVXY MAR 18 2016 24.0 Puts @ 0.18 (originally sold this long ago at 0.23)
Sold to open UVXY APR 1 2016 22.0 Puts @ 1.11 (half as many contracts to mange risk a bit)

#SVXY #CoveredCalls – another rollup….

SVXY #CoveredCalls – another rollup.
This one was not as attractive because it was further in the money –
Bought to close SVXY Mar 18 2016 43.5 Calls @ 3.19
Sold SVXY Mar 24 2016 44.0 Calls @ 3.24

$SVXY #CoveredCalls – not willing…

$SVXY #CoveredCalls – not willing to part with my some of long stock just yet so I’m rolling up the strike price for a small credit –
Bought to close SVXY Mar 18 2016 46.0 Calls @ 0.86
Sold to open SVXY Mar 24 2016 47.5 Calls @ 0.91
I’ll hang in there for another week. The new strike is above today’s high print.

$NUGT # ShortPuts – Bought…

$NUGT # ShortPuts – Bought to close NUGT Apr 1 2016 30.0 Puts @ 0.05
Originally sold 03/09/2016 @ 0.80

$NUGT #ShortCalls #RollingUP – a…

$NUGT #ShortCalls #RollUP – a couple of rolls in NUGT Calls to avoid assignment today.
Bought to Close NUGT MAR 18 2016 60.0 Calls @ 6.35 / Sold NUGT MAR 24 2016 63.0 Calls @ 6.60
Bought to Close NUGT MAR 18 2016 55.0 Calls @ 11.80 / Sold NUGT Apr 8 2016 60.0 Calls @ 12.58
Net credits on both trades and a big bump in strike price.

$NUGT #ShortCalls – at least…

$NUGT #ShortCalls – at least one account was able to take advantage of this morning’s run –

Sold NUGT MAR 24 2016 105.0 Calls @ 0.45 – These expire NEXT Friday
Sold 1 NUGT APR 1 2016 105.0 Call @ 1.15 – This expires the following week.

$NUGT – what a thrill…

$NUGT – what a thrill ride. Thought I was going to have to roll my strike 75 calls (actually, I still might have to)

Bought to close NUGT Apr 01 2016 28.0 Puts @ 0.05.
Sold them on 3/9 for 0.40.

$UA #ShortPuts – Bought to…

$UA #ShortPuts – Bought to close UA Apr 15 2016 60.0 Puts @ 0.05. Still a month to go and they can’t drop any lower.

$NUGT #ShortCalls – Sold 1…

$NUGT #ShortCalls – Sold 1 NUGT Sep 16 2016 105.0 Call @ 16.20. I may be early on this trade.

$GMCR – just a little…

$GMCR – just a little story about what happens when a company that has options gets bought out for CASH –
Last December GMCR announced that they were being acquired. I got crushed on some short calls so I decided to try and make some of that back.
I sold some long term puts for whatever I could get for them, knowing that they would go away once the merger was completed.
I covered the Jan 2018 puts a few weeks ago at 0.02. The ones below I kept –
GMCR Jan 20 2017 70.0 Puts – Sold at an average of 1.50
GMCR Jan 20 2017 75.0 Puts – Sold at an average of 1.50
GMCR Jun 17 2016 70.0 Puts – Sold at an average of 1.00
The expiration dates have all been adjusted so they expire this Friday.
It’s nice to know that it worked the way I expected it would.

$NUGT #ShortPuts – Sold NUGT…

$NUGT #ShortPuts – Sold NUGT Apr 15 2016 30.0 Puts @ 0.95

$KOLD #ShortPuts – Sold KOLD…

$KOLD #ShortPuts – Sold KOLD Mar 18 2016 180 Puts @ 2.20. These expire Friday

$SVXY #ShortPuts – Sold SVXY…

$SVXY #ShortPuts – Sold SVXY Mar 18 2016 39.5 Puts @ 0.30. These expire Friday

$SVXY #CoveredCalls – adding to…

$SVXY #CoveredCalls – adding to my Sept position and starting a new weekly position
Sold SVXY Sep 16 2016 60.0 Calls @ 2.40
Sold SVXY(Weekly) Apr 01 2016 48.0 Calls @ 0.60

$UVXY #ShortPuts – taking some…

$UVXY #ShortPuts – taking some mid-sized positions with the strike price below the alltime low on the stock
Sold UVXY(Weekly) Mar 24 2016 23.0 Puts @ 0.46 – these expire NEXT Friday
Sold UVXY Apr 15 2016 19.0 Puts @ 0.44
Sold UVXY(Weekly) Apr 22 2016 18.0 Puts @ 0.48

Sold 1 UVXY Jun 17 2016 20.0 Put @ 3.05

On a couple of these you can probably do better tomorrow

$TSLA #ShortPuts – Bought to…

$TSLA #ShortPuts – Bought to close 1 TSLA Mar 18 2016 115.0 Put @ 0.01
Originally sold @ 1.20 in February right around earnings

$SVXY #ShortPuts – switched a…

$SVXY #ShortPuts – switched a short put position from in-the-money to out-of-the-money

Bought to Close SVXY Mar 18 2016 45.0 Puts @ 2.40 (originally sold at 3.60 last August)
Sold to Open SVXY Mar 18 2016 40.0 Puts @ 0.40 (twice the number of contracts)

This position now allows for the overdue market pullback.

$NUGT #ShortPuts – Sold NUGT…

$NUGT #ShortPuts – Sold NUGT Mar 18 2016 40.0 Puts @ 0.20. Paired with existing short calls for this week that I would like to see expire

$SVXY #CoveredCalls- SVXY has rallied…

$SVXY #CoveredCalls- SVXY has rallied back to even on the day, but I’ve sold some calls at prices higher than I was able to get last week.
Sold SVXY Apr 01 2016 47.0 Calls @ 0.75
Sold SVXY Apr 15 2016 50.0 Calls @ 0.65
Sold SVXY Apr 29 2016 50.0 Calls @ 1.20
Sold SVXY Sep 16 2016 60.0 Calls @ 2.30

$SVXY #CoveredCalls – a couple…

$SVXY #CoveredCalls – a couple of late reports on SVXY as it closed at the high of the day
Sold SVXY Mar 18 2016 46.0 Calls @ 0.30
Sold SVXY(Weekly) Mar 24 2016 47.5 Calls @ 0.30

$SVXY #CoveredCalls – rolled this…

$SVXY #CoveredCalls – rolled this position again this week.
Did better that last week.
Bumped the strike price up a point PLUS got a credit of 0.65 per contract

Bought to close SVXY Mar 11 2016 42.5 Calls @ 0.42 (sold last week @ 0.87)
Sold to open SVXY Mar 18 2016 43.5 Calls @ 1.07

#OptionsExpiration #Mar11 #Weeklys – a…

#OptionsExpiration #Mar11 #Weeklys – a good week with SVXY up, UVXY down and NUGT not running away

— Expirations —
APC (Weekly) Mar 11 2016 53 Calls
CF (Weekly) Mar 11 2016 40 Calls
CHK (Weekly) Mar 11 2016 6.5 Calls
CMG (Weekly) Mar 11 2016 440 Puts (Covered)
COP (Weekly) Mar 11 2016 42.5 Calls (Covered)

JOY (Weekly) Mar 11 2016 19 Calls (Covered)
MOS (Weekly) Mar 11 2016 33 Calls
NTAP (Weekly) Mar 11 2016 28 Calls (Covered)

NUGT (Weekly) Mar 11 2016 40.5 Puts
NUGT (Weekly) Mar 11 2016 41 Puts
NUGT (Weekly) Mar 11 2016 41.5 Puts
NUGT (Weekly) Mar 11 2016 42 Puts
NUGT (Weekly) Mar 11 2016 42.5 Puts
NUGT (Weekly) Mar 11 2016 75 Calls
NUGT (Weekly) Mar 11 2016 80 Calls
NUGT (Weekly) Mar 11 2016 84 Calls
NUGT (Weekly) Mar 11 2016 89 Calls

SVXY (Weekly) Mar 11 2016 43 Calls (Covered)
SVXY (Weekly) Mar 11 2016 43.5 Calls (Covered)
SVXY (Weekly) Mar 11 2016 44 Calls (Covered)
SVXY (Weekly) Mar 11 2016 44.5 Calls (Covered)

TWTR (Weekly) Mar 11 2016 21.5 Calls (Covered)

UVXY (Weekly) Mar 11 2016 80 Calls
UVXY (Weekly) Mar 11 2016 90 Calls

VALE (Weekly) Mar 11 2016 5 Calls (Covered)
WDC (Weekly) Mar 11 2016 55 Calls
X (Weekly) Mar 11 2016 16 Calls
XOP (Weekly) Mar 11 2016 30 Calls (Covered)

— Assignments —
DUST (Weekly) Mar 11 2016 7 Puts

$SVXY #CoveredCalls – generating cash…

$SVXY #CoveredCalls – generating cash by adjusting my call positions
Bought to close SVXY Jun 17 2016 80.0 Calls @ 0.04 – Originally sold at 1.60 on 12/21
Sold to open SVXY(Weekly) Apr 29 2016 50.0 Calls @ 1.10

$SVXY #CoveredCalls – Sold SVXY(Weekly)…

$SVXY #CoveredCalls – Sold SVXY(Weekly) Apr 01 2016 47.0 Calls @ 0.70. Adding to my position.

$KOLD #ShortPuts – Sold KOLD…

$KOLD #ShortPuts – Sold KOLD Mar 18 2016 180.0 Puts @ 1.60. Just a teeny bit better premium than yesterday 🙂

edit: added more @ 1.81. Now are my short calls are paired with short puts, so done for now.

#contangoetfs

$SVXY #CoveredCalls – Bought to…

$SVXY #CoveredCalls – Bought to close SVXY Jun 17 2016 80.0 Calls @ 0.04.

Originally sold 12/21/2015 @ 1.55

$KOLD #ShortPuts – Sold KOLD…

$KOLD #ShortPuts – Sold KOLD Mar 18 2016 180.0 Puts @ 0.60. Sold them more out of frustration than anything.

If I was early, and the stock makes it to 180 in a week, all you CALL sellers can thank me later for doing my part to force it down.

$UVXY #ShortPuts – Sold UVXY…

$UVXY #ShortPuts – Sold UVXY Apr 08 2016 20.0 Puts @ 0.40.

Trying to encourage SVXY to go UP.

$NUGT #ShortCalls – Sold NUGT…

$NUGT #ShortCalls – Sold NUGT MAR 18 2016 105.0 Calls @ 0.30. These expire NEXT Friday.

$SVXY #CoveredCalls – nice to…

$SVXY #CoveredCalls – nice to finally get some decent premium. Adding to my cash position

Sold SVXY(Weekly) Mar 24 2016 47.5 Calls @ 0.25
Sold SVXY(Weekly) Apr 01 2016 47.0 Calls @ 0.60
Sold SVXY Apr 15 2016 50.0 Calls @ 0.55
Sold SVXY(Weekly) Apr 29 2016 50.0 Calls @ 1.00

Sold SVXY Sep 16 2016 60.0 Calls @ 2.00

$SVXY #CoveredCalls – the first…

$SVXY #CoveredCalls – the first of many SVXY orders that filled today. Covering a bunch of calls 100 days out so I can sell closer in, lower strike calls for more cash.

Bought to close 12 SVXY Jun 17 2016 85.0 Calls @ 0.03
Bought to close 19 SVXY Jun 17 2016 85.0 Calls @ 0.05
Bought to close 3 SVXY Jun 17 2016 95.0 Calls @ 0.02

On the 85s, originally sold 1 @ 6.70 on 10/23/2015 and the rest @ 1.25 average price on 12/22/2015

On the 95s, originally sold from 10/28 thru 11/02 at 3.50, 4.00, and 4.40

$SVXY $NUGT $XOP $CMG -…

$SVXY $NUGT $XOP $CMG – selling OTM options to generate cash
Sold CMG Mar 11 2016 440.0 Puts @ 0.25 (covered)

Sold NUGT Apr 01 2016 28.0 Puts @ 0.40
Sold NUGT Apr 08 2016 30.0 Puts @ 1.00
Sold NUGT Apr 15 2016 30.0 Puts @ 1.35
Sold NUGT Jun 17 2016 15.0 Puts @ 0.60

Sold SVXY Sep 16 2016 60.0 Calls @ 1.75 (covered)

Sold XOP Apr 01 2016 32.0 Calls @ 0.28
Sold XOP Mar 18 2016 31.0 Calls @ 0.16 (covered)

$NUGT

Used weakness in the stock to sell these this morning.
These all expire Friday.
NUGT MAR 11 2016 40.5 Puts @ 0.20
NUGT MAR 11 2016 41.0 Puts @ 0.20
NUGT MAR 11 2016 41.5 Puts @ 0.25
NUGT MAR 11 2016 42.0 Puts @ 0.25
NUGT MAR 11 2016 42.5 Puts @ 0.25
These are the lowest available strike price.
NUGT APR 1 2016 30.0 Puts @ 0.80
NUGT APR 8 2016 30.0 Puts @ 1.00
NUGT APR 15 2016 30.0 Puts @ 1.29

$SVXY #CoveredCalls #RollUp – Rolled…

$SVXY #CoveredCalls #RollUp – Rolled this position to next week to avoid assignment.
Added a point to my strike price plus got an extra 0.55 credit for the roll –
Bought to close SVXY Mar 04 2016 41.5 Calls @ 0.32
Sold SVXY Mar 11 2016 42.5 Calls @ 0.87

$NUGT #ShortPuts #Scalp – Sold…

$NUGT #ShortPuts #Scalp – Sold NUGT Mar 04 2016 58.0 Puts @ 0.15. These expire in an hour

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY JUN 17 2016 53.0 Calls @ 1.67

$NUGT #ShortCalls #Rolling – this…

$NUGT #ShortCalls #Rolling – this is becoming tiresome –
Bought to close NUGT Mar 04 2016 35.0 Calls / Sold NUGT Jun 17 2016 41.0 Calls for a small credit
Bought to close NUGT Mar 04 2016 42.0 Calls / Sold NUGT Apr 15 2016 46.0 Calls for a small credit

#OptionsExpiration – A pretty good…

#OptionsExpiration – A pretty good week. I was able to scalp some short calls against long term short put postions and some long stock because of the strong market mid-week.

— Expirations —
BBY (Weekly) Feb 26 2016 33.5 Calls
FB (Weekly) Feb 26 2016 111 Calls
CMG (Weekly) Feb 26 2016 475 Puts (Covered)
JOY (Weekly) Feb 26 2016 14 Calls (Covered)

NUGT (Weekly) Feb 26 2016 29.5 Puts
NUGT (Weekly) Feb 26 2016 30 Puts
NUGT (Weekly) Feb 26 2016 30.5 Puts
NUGT (Weekly) Feb 26 2016 31 Puts
NUGT (Weekly) Feb 26 2016 31.5 Puts
NUGT (Weekly) Feb 26 2016 32.5 Puts (Covered)
NUGT (Weekly) Feb 26 2016 75 Calls
NUGT (Weekly) Feb 26 2016 76 Calls

SVXY (Weekly) Feb 26 2016 40 Calls (Covered)

UVXY (Weekly) Feb 26 2016 20 Puts
UVXY (Weekly) Feb 26 2016 31 Puts
UVXY (Weekly) Feb 26 2016 31.5 Puts
UVXY (Weekly) Feb 26 2016 85 Calls
UVXY (Weekly) Feb 26 2016 95 Calls
UVXY (Weekly) Feb 26 2016 110 Calls

VALE (Weekly) Feb 26 2016 3.5 Calls (Covered)
VIAB (Weekly) Feb 26 2016 43 Calls
WDC (Weekly) Feb 26 2016 52 Calls

— Assignments —
DUST (Weekly) Feb 26 2016 8 Puts

$GMCR #ShortPuts – Once the…

$GMCR #ShortPuts – Once the takeover offer for GMCR was announced I shorted a bunch of Puts for Both Jan 2017 and Jan 2018 for whatever I could get for them. I knew that whenever the merger was about to close, the options would collapse before being delisted.

I covered some of them today to get rid of the margin requirement.

Bought to close GMCR Jan 19 2018 75.0 Puts @ 0.02 – Sold for 1.50 and again at 2.00
Bought to close GMCR Jan 19 2018 70.0 Puts @ 0.02 – Sold for 1.00 and again at 1.50

These were sold in December and technically have 693 Days to Expiration. But should be delisted way before that.

$GMCR #ShortPuts – Bought to…

$GMCR #ShortPuts – Bought to close 1 GMCR Jun 17 2016 30.0 Put @ .01.
Originally sold in November at 1.38 (before the takeover offer)

$NUGT #ShortCalls #NewStrikes – sold…

$NUGT #ShortCalls #NewStrikes – sold these on the open this morning. The weekly sales are new strikes.
Sold 1 NUGT Mar 04 2016 82.0 Call @ 1.10
Sold 1 NUGT Mar 11 2016 80.0 Call @ 2.45
Sold 1 NUGT Mar 18 2016 80.0 Call @ 3.60

$SVXY #CoveredCalls – Sold SVXY…

$SVXY #CoveredCalls – Sold SVXY Apr 15 2016 50.0 Calls @ 0.45. Newest monthly cycle started today.

$UVXY #ShortPuts – Sold UVXY…

$UVXY #ShortPuts – Sold UVXY MAR 24 2016 23.0 Puts @ 0.27.

$SVXY #CoveredCalls #VXXGame -adding to…

$SVXY #CoveredCalls #VXXGame -adding to my positions
Sold SVXY Jun 17 2016 60.0 Calls @ 0.50
Sold SVXY Sep 16 2016 60.0 Calls @ 1.75

$UVXY #ShortPuts – Sold UVXY…

$UVXY #ShortPuts – Sold UVXY MAR 18 2016 24.0 Puts @ 0.23.

#CoveredCalls – Using Market strength…

#CoveredCalls – Using Market strength to scalp some premium in stocks that I own or have short Puts in or both –
— Weeklys —
Sold BBY FEB 26 2016 33.5 Calls @ 0.22
Sold CVX FEB 26 2016 92.0 Calls @ 0.18
Sold JOY Feb 26 2016 14.0 Calls @ 0.12
Sold FB FEB 26 2016 111.0 Calls @ 0.23

— Monthlys —
Sold COG MAR 18 2016 25.0 Calls @ 0.40
Sold HP MAR 18 2016 60.0 Calls @ .85
Sold KATE Mar 18 2016 20.0 Calls @ 0.40

$SVXY #CoveredCalls #VXXGame – Finally…

$SVXY #CoveredCalls #VXXGame – Finally some decent premiums –

Sold SVXY Mar 18 2016 45.0 Calls @ 0.35
Sold SVXY(Weekly) Mar 24 2016 45.0 Calls @ 0.45
Sold SVXY Jun 17 2016 60.0 Calls @ 0.45
Sold SVXY Sep 16 2016 60.0 Calls @ 1.60

$DUST #ShortPuts – Bought to…

$DUST #ShortPuts – Bought to close DUST Feb 19 2016 5.0 Puts @ 0.05 to avoid possible assignment tonight.
Sold these a few days ago for 0.15.

$NUGT #ShortCalls #Rollup – As…

$NUGT #ShortCalls #Rollup – As VXXKelly and Ramie have been pointing out, NUGT is bound to pull back at some point, or maybe just fall because of the normal drag on these kinds of stocks.
The trick is sticking around long enough to take advantage of the pullback. When rolling an ITM short call position there are two objectives:
1. Bring in more cash on the new position than you spend getting rid of the old position
2. Increase your likelihood of an expiration down the road by selling at a higher strike price
There is no way to predict with accuracy where this stock will go tomorrow much less a month from now, but using the chart you can get a feel for the likely trading range.
I made the following roll today and I think it has a better than even chance of being successful. The new position will not take too much monitoring on my part because it will run for two weeks, and I likely will be able to sell two sets of weekly puts against these calls, bringing in even more premium dollars.

Bought to close NUGT Feb 19 2016 40.0 Calls @ 10.92
Sold to open NUGT Mar 04 2016 42.0 Calls @ 11.55

I have bumped my profit point about 2 1/2 points higher between the higher strike price and the extra premium dollars.

Hope laying out my thinking helps others in a similar circumstance,

$NUGT #ShortCalls – Missed posting…

$NUGT #ShortCalls – Missed posting one yesterday – Sold NUGT(Weekly) Feb 26 2016 76.0 Calls @ 0.55. These expire next Friday and are the highest available strike price.

$NUGT #ShortCalls – hoping to…

$NUGT #ShortCalls – hoping to make back my NUGT losses slowly with small #OptionLadder trades –
Sold 1 NUGT Mar 04 2016 75.0 Call @ 2.05
Sold 1 NUGT Mar 11 2016 75.0 Call @ 2.80
Sold 1 NUGT Mar 24 2016 75.0 Call @ 4.30
All are weekly expirations and all are at the highest available strike price. Pretty decent premiums with the stock twenty points below the strike.

By staying small and spreading out the risk across multiple expirations, only one of these gets in trouble at a time, and this stock is volatile in BOTH directions. The stock was just over 17 a little over a month ago.