$SVXY #CoveredCalls – Sold SVXY SEP 16 2016 70.0 Calls @ 0.55
Author Archives: Option Iceman
$SVXY #CoveredCalls – Sold all…
$SVXY #CoveredCalls – Sold all the following today
SVXY JUL 8 2016 53.5 Calls @ 0.25 – these expire tomorrow
SVXY JUL 8 2016 54.0 Calls @ 0.25 – these expire tomorrow
SVXY JUL 15 2016 55.0 Calls @ 0.55
SVXY AUG 5 2016 60.0 Calls @ 0.85
SVXY AUG 12 2016 60.0 Calls @ 1.10
SVXY AUG 19 2016 60.0 Calls @ 1.50
SVXY SEP 16 2016 60.0 Calls @ 2.70 – adding to my position
$NUGT #ShortCalls – Bought to…
$NUGT #ShortCalls – Bought to Close 1 NUGT JUL 8 2016 160.0 Call @ 3.40. Small gain.
$UVXY #LongStock – sold a…
$UVXY #LongStock – sold a bit more of UVXY at 9.67 before it fell back to earth.
Also sold strike 10 thru strike 12.50 calls for this week to partially hedge the risk.
$UVXY #LongStock – In one…
$UVXY #LongStock – In one account today, I sold @ 9.60 the block of stock I picked up on assignment Friday at 9.50
#OptionsExpiration #Weeklys #Jul01 – this…
#OptionsExpiration #Weeklys #Jul01 – this week could have been a lot better with no assignments, but because of the SVXY short calls that rolled off, it was very good.
Short trading week next week.
— Expirations —
AAL (Weekly) Jul 1 2016 25.5 Puts
AAPL (Weekly) Jul 1 2016 102 Calls – Covered
CF (Weekly) Jul 1 2016 23.5 Puts
DUST (Weekly) Jul 1 2016 22 Calls – Covered
DUST (Weekly) Jul 1 2016 25 Calls – Covered
FCX (Weekly) Jul 1 2016 9.5 Puts
IBB (Weekly) Jul 1 2016 235 Puts
NTAP (Weekly) Jul 1 2016 25 Calls – Covered
NUGT (Weekly) Jul 1 2016 40 Puts
NUGT (Weekly) Jul 1 2016 60 Puts
NUGT (Weekly) Jul 1 2016 70 Puts
NUGT (Weekly) Jul 1 2016 85 Puts
NUGT (Weekly) Jul 1 2016 150 Calls
NUGT (Weekly) Jul 1 2016 155 Calls
NUGT (Weekly) Jul 1 2016 160 Calls
NUGT (Weekly) Jul 1 2016 175 Calls
SVXY (Weekly) Jul 1 2016 35 Puts
SVXY (Weekly) Jul 1 2016 44.5 Puts
SVXY (Weekly) Jul 1 2016 45 Puts
SVXY (Weekly) Jul 1 2016 47 Puts
SVXY (Weekly) Jul 1 2016 52 Calls – Covered
SVXY (Weekly) Jul 1 2016 52.5 Calls – Covered
SVXY (Weekly) Jul 1 2016 57 Calls – Covered
SVXY (Weekly) Jul 1 2016 61 Calls – Covered
SVXY (Weekly) Jul 1 2016 62 Calls – Covered
SVXY (Weekly) Jul 1 2016 63 Calls – Covered
SVXY (Weekly) Jul 1 2016 64 Calls – Covered
SVXY (Weekly) Jul 1 2016 66 Calls – Covered
SVXY (Weekly) Jul 1 2016 67 Calls – Covered
UAL (Weekly) Jul 1 2016 39 Puts
UVXY (Weekly) Jul 1 2016 8 Puts
UVXY (Weekly) Jul 1 2016 8.5 Puts
UVXY (Weekly) Jul 1 2016 21 Calls – Covered
UVXY (Weekly) Jul 1 2016 22 Calls – Covered
UVXY (Weekly) Jul 1 2016 25 Calls – Covered
WDC (Weekly) Jul 1 2016 47 Calls – Covered
WDC (Weekly) Jul 1 2016 48 Calls
— Assignments —
DUST (Weekly) Jul 1 2016 9 Puts – adding a small long position
TWTR (Weekly) Jul 1 2016 17 Calls – Covered but out at a loss
UVXY (Weekly) Jul 1 2016 9 Puts – going long
UVXY (Weekly) Jul 1 2016 9.5 Puts – going long
UVXY (Weekly) Jul 1 2016 10 Puts – going long
UVXY (Weekly) Jul 1 2016 10.5 Puts
$UVXY #ShortPuts #Rolling – Rolled…
$UVXY #ShortPuts #Rolling – Rolled this week’s strike 9 puts to next week’s strike 8 puts for a 0.04 Credit. Made a small profit on the strike 9 put that I covered.
$NUGT #ShortCalls – Sold 1…
$NUGT #ShortCalls – Sold 1 NUGT Jul 08 175.0 Call @ 2.30 with the stock at 146.37.
Highest available strike and 4 trading days until expiration.
$NUGT #ShortCalls #Rollup – I’m…
$NUGT #ShortCalls #Rollup – I’m forced to roll this option up to avoid assignment. Never imagined that it would go in the money.
Bought to close 1 NUGT Jul 1 2016 135.0 Call / Sold 1 NUGT Jul 29 2016 180.0 Call for a 2.45 Credit
$ETE #ShortPuts #IRA – Sold…
$ETE #ShortPuts #IRA – Sold ETE Jul 15 2016 13.0 Puts @ 0.40
$UVXY #CoveredCalls – anticipating the…
$UVXY #CoveredCalls – anticipating the assignment of some short strike 9.5 Puts today, I sold the following for next week.
They will be covered by my new long stock position
Sold UVXY(Weekly) Jul 08 2016 12.0 Calls @ 0.23
SVXY #ShortCalls – Bought to…
SVXY #ShortCalls – Bought to close SVXY Jul 08 2016 67.0 Calls @ 0.04 to release margin.
Originally sold 6/23 at 0.90.
$SVXY #CoveredCalls – sold these…
$SVXY #CoveredCalls – sold these once the stock broke above 50 –
Sold SVXY(Weekly) Jul 29 2016 60.0 Calls @ 0.55
Sold SVXY Sep 16 2016 60.0 Calls @ 2.55
$SVXY #ShortPuts – Bought to…
$SVXY #ShortPuts – Bought to close SVXY Jul 1 2016 51.0 Puts @ 0.95 to avoid possible assignment tonight.
Originally sold for 1.05.
#OptionsExpiration #Quarterlys – one expiration…
#OptionsExpiration #Quarterlys – one expiration today. Big one tomorrow.
XLE(Quarterly) Jun 30 2016 71.0 Calls – (Covered)
$SVXY #CoveredCalls #Weeklys #IRA -…
$SVXY #CoveredCalls #Weeklys #IRA – Sold Jul 29 2016 60.0 Calls @ 0.50 with the stock at 48.83.
Sold these against stock I acquired via Put assignment Friday at 44.50
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Sep 16 2016 60.0 Calls @ 2.30 with the stock at 48.92.
Adding to my position.
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to close 1 of my UVXY Jan 19 2018 115.0 Calls @ 1.50.
Originally sold this on 6/13 @ 3.60.
I’m sure these can be resold in the future with 568 days left until expiration.
$SVXY #CoveredCalls #VXXGame – Sold…
$SVXY #CoveredCalls #VXXGame – Sold SVXY Sep 16 2016 60.0 Calls @ 2.20 with the stock at 48.47 after hours
$SVXY #CoveredCalls #VXXGame – since…
$SVXY #CoveredCalls #VXXGame – since I added a bunch of long stock last week and am still short 44.5 and 45 Puts for this week, and next, I added the following positions:
Sold SVXY Jul 1 2016 52.0 Calls @ 0.15 with the stock at 47.39 – these expire Friday
Sold SVXY Jul 1 2016 52.5 Calls @ 0.15 with the stock at 48.00 – these expire Friday
Sold SVXY Jul 8 2016 53.5 Calls @ 0.55 with the stock at 47.91 – these expire next Friday in a short trading week
$UVXY #ShortPuts – added these…
$UVXY #ShortPuts – added these to my short put portfolio
UVXY JUL 8 2016 8.0 Puts @ 0.20 – short trading week next week
UVXY JUL 29 2016 7.0 Puts @ 0.32
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to close 1/3 of my UVXY Jan 19 2018 115.0 Calls @ 1.75.
Originally sold these on 6/13 @ 3.60.
I’m sure these can be resold in the future with 569 days left until expiration.
$SVXY #CoveredCalls #VXXGame – Sold…
$SVXY #CoveredCalls #VXXGame – Sold SVXY Sep 16 2016 60.0 Calls @ 2.00 with the stock at 47.21
$SVXY #CoveredCalls #VXXGame – yesterday…
$SVXY #CoveredCalls #VXXGame – yesterday I covered about 20% of my overly large short Sep 60.0 Call position on SVXY at 0.95 and at 0.90.
Today I changed my mind and decided to re-establish the position. It occurred to me that I just added to my long stock position Friday via Put assignments, and might do so again this week if SVXY goes back down below 44.50.
Sold SVXY SEP 16 2016 60.0 Calls @ 1.55 / 1.60 / 1.65.
Not bad for a 24 hour turnaround.
$UVXY #ShortPuts #VXXGame – I…
$UVXY #ShortPuts #VXXGame – I was obviously way too early on my previous trades but these are better.
Sold UVXY JUL 22 2016 7.5 Puts @ 0.32
Sold UVXY JUL 15 2016 8.0 Puts @ 0.32
Sold UVXY JUL 1 2016 9.5 Puts @ 0.22 – these expire Friday unless we see a new low in UVXY
$UVXY #ShortPuts #ScalpTrades – sold…
$UVXY #ShortPuts #ScalpTrades – sold the following for this Friday’s expiration
Sold UVXY Jul 1 2016 9.5 Puts @ 0.05
Sold UVXY Jul 1 2016 10.0 Puts @ 0.11
Sold UVXY Jul 1 2016 10.5 Puts @ 0.20
If I can goose SVXY up to 45 by Friday it would be a big help
$VXX $SVXY $UVXY – YTD…
$VXX $SVXY $UVXY – YTD performance on Volatility stocks.
This is why we make money selling calls on all of these
$VIX #Brexit – an interesting…
$VIX #Brexit – an interesting read after the fact. Volatility is falling pretty hard now.
#Markets #FallingKnife #ShortPuts – I…
#Markets #FallingKnife #ShortPuts – I sold all the following yesterday. Only the UAL position was sold way too early.
Most of these are scheduled to expire Friday.
$AAL Jul 1 2016 25.5 Puts @ 0.44
$CF Jul 1 2016 23.5 Puts @ 0.56
$DUST Jul 1 2016 9.0 Puts @ 1.05
$FL Jul 15 2016 50.0 Puts @ 0.55
$IBB Jul 1 2016 235.0 Puts @ 1.30
$UAL Jul 1 2016 39.0 Puts @ 0.59
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT Jul 1 2016 85.0 Puts @ 0.65
#OptionsExpiration #Weeklys #Jun24 – I…
#OptionsExpiration #Weeklys #Jun24 – I was positioned pretty well for Brexit. I re-acquired some SVXY stock, but just a few weeks ago I sold out of a couple of large blocks above 60. So I’m not too upset. I’ve already sold August Calls against all the new stock.
A pretty good week for NUGT strangles too.
— Expirations —
BBY Weekly Jun 24 2016 29 Puts
CF Weekly Jun 24 2016 35 Calls
CMG Weekly Jun 24 2016 380 Puts
DUST Weekly Jun 24 2016 22 Calls
NUGT Weekly Jun 24 2016 50 Puts
NUGT Weekly Jun 24 2016 60 Puts
NUGT Weekly Jun 24 2016 65 Puts
NUGT Weekly Jun 24 2016 69 Puts
NUGT Weekly Jun 24 2016 70 Puts
NUGT Weekly Jun 24 2016 71 Puts
NUGT Weekly Jun 24 2016 72 Puts
NUGT Weekly Jun 24 2016 75 Puts
NUGT Weekly Jun 24 2016 125 Calls
NUGT Weekly Jun 24 2016 135 Calls
NUGT Weekly Jun 24 2016 140 Calls
NUGT Weekly Jun 24 2016 155 Calls
NUGT Weekly Jun 24 2016 160 Calls
SVXY Weekly Jun 24 2016 38 Puts
SVXY Weekly Jun 24 2016 40 Puts
SVXY Weekly Jun 24 2016 58 Calls
SVXY Weekly Jun 24 2016 61 Calls
SVXY Weekly Jun 24 2016 62 Calls
SVXY Weekly Jun 24 2016 63 Calls
SVXY Weekly Jun 24 2016 64 Calls
SVXY Weekly Jun 24 2016 65 Calls
TWTR Weekly Jun 24 2016 18 Calls
UVXY Weekly Jun 24 2016 20 Calls
UVXY Weekly Jun 24 2016 21 Calls
UVXY Weekly Jun 24 2016 22 Calls
UVXY Weekly Jun 24 2016 25 Calls
UVXY Weekly Jun 24 2016 26 Calls
UVXY Weekly Jun 24 2016 8 Puts
UVXY Weekly Jun 24 2016 9 Puts
UVXY Weekly Jun 24 2016 9.5 Puts
UVXY Weekly Jun 24 2016 10 Puts
— Assignments —
SVXY Weekly Jun 24 2016 44.5 Puts
SVXY Weekly Jun 24 2016 45 Puts
SVXY Weekly Jun 24 2016 46 Puts
SVXY Weekly Jun 24 2016 47 Puts
SVXY Weekly Jun 24 2016 48 Puts
SVXY Weekly Jun 24 2016 52 Puts
$UVXY #ShortCalls #VXXGame #OptionLadder -…
$UVXY #ShortCalls #VXXGame #OptionLadder – only with this stock could the stock run against you 44% in a day and still not affect the ability to short Calls due to margin.
All are highest available strikes
Sold UVXY JUL 8 2016 30.0 Calls @ 0.88
Sold UVXY JUL 15 2016 32.0 Calls @ 1.00
Sold UVXY JUL 22 2016 30.0 Calls @ 1.27
Sold UVXY JUL 29 2016 30.0 Calls @ 1.92
$SVXY #ShortPuts – Bought to…
$SVXY #ShortPuts – Bought to close the following this afternoon to avoid assignment –
SVXY Jun 24 2016 43.0 Puts @ 0.05
SVXY Jun 24 2016 44.5 Puts @ 0.40
$SVXY #CoveredCalls #VXXGame – sold…
$SVXY #CoveredCalls #VXXGame – sold all these late in the day, adding to previous positions at higher prices –
SVXY JUL 1 2016 67.0 Calls @ 0.70
SVXY JUL 8 2016 67.0 Calls @ 1.10
SVXY JUL 15 2016 67.0 Calls @ 1.50
SVXY JUL 22 2016 67.0 Call @ 1.95
SVXY JUL 29 2016 67.0 Calls @ 2.25
SVXY AUG 19 2016 70.0 Calls @ 2.50
SVXY AUG 19 2016 75.0 Calls @ 1.30
$UVXY #ShortPuts – Sold UVXY…
$UVXY #ShortPuts – Sold UVXY JUN 24 2016 9.0 Puts @ 0.35. A one day trade
$SVXY $UVXY #ShortCalls #ShortPuts #VXXGame…
$SVXY $UVXY #ShortCalls #ShortPuts #VXXGame – Brexit is great for the #VXXGame. The shorter term Options should collapse once the vote is in.
Sold UVXY JUL 8 2016 30.0 Calls @ 0.66
Sold UVXY JUL 15 2016 32.0 Calls @ 0.67
Sold UVXY JUL 22 2016 30.0 Calls @ 0.92
Sold UVXY JUL 29 2016 30.0 Calls @ 0.97
Sold UVXY AUG 19 2016 34.0 Calls @ 1.31
Sold UVXY JUN 24 2016 9.5 Puts @ 0.21 – these expire on Friday
Sold UVXY JUN 24 2016 20.0 Calls @ 0.29 – these expire on Friday
Sold SVXY JUN 24 2016 40.0 Puts @ 0.40 – these expire on Friday
Sold SVXY JUN 24 2016 43.0 Puts @ 0.75 – these expire on Friday
Sold SVXY AUG 19 2016 70.0 Calls @ 2.10
Sold SVXY AUG 19 2016 75.0 Calls @ 1.10
Sold SVXY AUG 19 2016 30.0 Puts @ 1.05
$NUGT #ShortStrangles – missed one…
$NUGT #ShortStrangles – missed one from yesterday.
Sold 1 NUGT Jul 1 2016 175.0 Call / Sold 1 NUGT Jul 1 2016 70.0 Put @ 3.10 total Credit
$SWN $CNX #EnergyStocks #CoveredCalls -…
$SWN $CNX #EnergyStocks #CoveredCalls – replacing calls that expired for June –
SWN JUL 15 2016 14.0 Calls @ 0.85
CNX JUL 15 2016 15.0 Calls @ 0.94
$SVXY #CoveredCalls #VXXGame – more…
$SVXY #CoveredCalls #VXXGame – more calls sales today –
SVXY JUN 24 2016 61.0 Calls @ 0.65 – these expire in 4 more days
SVXY JUL 22 2016 65.0 Calls @ 2.00
SVXY JUL 29 2016 66.0 Calls @ 2.00
$NUGT #ShortPuts – Sold these…
$NUGT #ShortPuts – Sold these paired with existing short calls
NUGT JUN 24 2016 69.0 Puts @ 0.60
NUGT JUN 24 2016 70.0 Puts @ 0.80
NUGT JUN 24 2016 71.0 Puts @ 0.90
NUGT JUN 24 2016 75.0 Puts @ 1.50
$SVXY #CoveredCalls #VXXGame – since…
$SVXY #CoveredCalls #VXXGame – since 100% of my short SVXY calls for last week expired worthless, I’m replacing those positions with the following #OptionLadder.
All of the strike prices are above the YTD high on the stock, so they are likely to expire as well.
SVXY JUL 1 2016 67.0 Calls @ 0.45
SVXY JUL 8 2016 67.0 Calls @ 0.76
SVXY JUL 15 2016 67.0 Calls @ 1.15
SVXY JUL 22 2016 67.0 Calls @ 1.10
SVXY JUL 29 2016 67.0 Calls @ 1.45
#Options expiration- a big one today
— Expirations —
AAPL Jun 17 2016 100 Calls
CNX Jun 17 2016 15 Calls
CF Jun 17 2016 25 Puts
DUST Jun 17 2016 13 Calls
DUST Jun 17 2016 20 Calls
DUST Jun 17 2016 22 Calls
ESV Jun 17 2016 10 Puts
JWN Jun 17 2016 35 Puts
JWN Jun 17 2016 40 Calls
M Jun 17 2016 28 Puts
MOS Jun 17 2016 22.5 Puts
NRG Jun 17 2016 9 Puts
NUGT Jun 17 2016 40 Puts
NUGT Jun 17 2016 46 Puts
NUGT Jun 17 2016 52 Puts
NUGT Jun 17 2016 53 Puts
NUGT Jun 17 2016 54 Puts
NUGT Jun 17 2016 55 Puts
NUGT Jun 17 2016 74 Puts
NUGT Jun 17 2016 75 Puts
NUGT Jun 17 2016 76 Puts
NUGT Jun 17 2016 78 Puts
NUGT Jun 17 2016 79 Puts
NUGT Jun 17 2016 80 Puts
NUGT Jun 17 2016 81 Puts
NUGT Jun 17 2016 82 Puts
NUGT Jun 17 2016 83 Puts
NUGT Jun 17 2016 84 Puts
NUGT Jun 17 2016 85 Puts
NUGT Jun 17 2016 120 Calls
NUGT Jun 17 2016 125 Calls
NUGT Jun 17 2016 130 Calls
NUGT Jun 17 2016 155 Calls
SVXY Jun 17 2016 20 Puts
SVXY Jun 17 2016 23 Puts
SVXY Jun 17 2016 35 Puts
SVXY Jun 17 2016 42 Puts
SVXY Jun 17 2016 43 Puts
SVXY Jun 17 2016 44 Puts
SVXY Jun 17 2016 44.5 Puts
SVXY Jun 17 2016 45 Puts
SVXY Jun 17 2016 46 Puts
SVXY Jun 17 2016 49 Puts
SVXY Jun 17 2016 60 Calls
SVXY Jun 17 2016 61 Calls
SVXY Jun 17 2016 62 Calls
SVXY Jun 17 2016 63 Calls
SVXY Jun 17 2016 65 Calls
SWN Jun 17 2016 14 Calls
SWN Jun 17 2016 7 Puts
SWN Jun 17 2016 9 Puts
UVXY Jun 17 2016 18 Calls
UVXY Jun 17 2016 19 Calls
UVXY Jun 17 2016 20 Calls
UVXY Jun 17 2016 80 Calls
UVXY Jun 17 2016 85 Calls
UVXY Jun 17 2016 110 Calls
VIAB Jun 17 2016 30 Puts
— Assignments —
DUST JUN 17 2016 13.0 Puts
FEYE JUN 17 2016 15.0 Calls – covered
SVXY JUN 17 2016 53.0 Puts
SWN JUN 17 2016 13.0 Calls – covered
UVXY Jun 17 2016 20 Puts
$UVXY #ShortPuts
Sold UVXY Jun 24 2016 9.5 Puts @ 0.13. The strike is below the recent all time low.
I’ve been selling calls for days so this is a small offset. Also if UVXY falls that far, my large SVXY stock position will be soaring.
$SVXY #Covered Calls – Sold SVXY Jul 8 2016 67.0 Calls @ 0.40
Sold SVXY Jul 15 2016 67.0 Calls @ 0.70
Strike prices are above the YTD high on the stock
$UVXY #Longstock – Sold a batch of long stock at 17.06 today. A smallish gain on the trade.
Trying to buy back this week’s strike 18 calls at a penny since I don’t need them anymore.
$NUGT #ShortCalls = Sold 1…
$NUGT #ShortCalls = Sold 1 NUGT DEC 16 2016 185.0 Call @ 24.00
$VIX — http://www.zerohedge.com/news/2016-06-15/unprecedented-jump-vix
$VIX — http://www.zerohedge.com/news/2016-06-15/unprecedented-jump-vix
$UVXY $SVXY – so as…
$UVXY $SVXY – so as is normally it’s pattern, the VIX looks to have topped out and MAY be starting it’s elevator ride back down. UVXY topped out at 17 early yesterday morning. If it can’t exceed that by the end of the week, the advance is probably over. I’m glad I was as aggressive as I was selling calls. Unfortunately I didn’t liquidate any of my long stock.
At least SVXY is rising again. If it reaches 53 by Friday all my short puts for this week will expire. There was never any doubt that all the short calls I rolled into this week with strike prices in the 60’s would expire.
$NUGT #ShortCalls #OptionLadder – another…
$NUGT #ShortCalls #OptionLadder – another minor adjustment to my positions today:
Bought to Close 1 Contract NUGT Jun 17 2016 92.0 Call at 9.90 for a small gain – It is still in the money!!
In it’s place I sold the following #OptionLadder
2 NUGT Jun 17 2016 125.0 Calls @ 1.05 – these expire Friday
1 NUGT Jun 24 2016 140 Call @ 2.30
1 NUGT Jul 1 2016 160 Call @ 2.30
1 NUGT Jul 1 2016 160 Call @ 3.50
$NUGT #ShortCalls #ShortStrangles – a…
$NUGT #ShortCalls #ShortStrangles – a minor adjustment to my positions today:
Bought to Close 1 Contract NUGT Jun 17 2016 105 Call at $5.30 for a small gain
In it’s place I sold 2 strangles for this week –
NUGT Jun 17 2016 120 Calls / NUGT Jun 17 2016 79 Puts @ 2.06 Credit
Not a cash generator but I feel better about holding the new positions through Friday.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Sep 16 2016 30.0 Puts @ 2.25. Three months to expiration with a breakeven below the 52week low.
edited to include the strike price
$UVXY #CoveredCalls #VXXGame – Sold…
$UVXY #CoveredCalls #VXXGame – Sold UVXY Jun 24 2016 26.0 Calls @ 1.27.
This expires a week from Friday and is the highest available strike price
$UVXY #CoveredCalls #VXXGame – Sold…
$UVXY #CoveredCalls #VXXGame – Sold UVXY Jun 17 2016 20.0 Calls @ 0.85. These expire Friday
$UVXY #ShortCalls #VXXGame – sold…
$UVXY #ShortCalls #VXXGame – sold the following this morning
UVXY Sep 16 2016 115.0 Calls @ 1.00
UVXY Jan 20 2017 170.0 Calls @ 0.98
UVXY Jan 19 2018 115.0 Calls @ 4.25
$UVXY $VXX $SVXY – extreme…
$UVXY $VXX $SVXY – extreme moves today. After hours the moves have continued in the same direction.
I feel that we may be in for 5 to 10 more days of extreme volatility. But short calls on UVXY and VXX will ultimately work for those with patience and a lot of buying power. UVXY could double from here on a violent move but that would only take it to about 30.
Top of the chain UVXY Options which are available that I think would be good sales with acceptable premiums and low margin requirements:
July 15 32 calls
Sept 115 calls
Jan 170 calls
JMHO
$UVXY #ShortCalls #OptionLadder – why…
$UVXY #ShortCalls #OptionLadder – why average up a trade when you can keep raising the strike price.
Sold UVXY SEP 16 2016 90.0 Calls @ 0.84 at 15:03:31
Sold UVXY SEP 16 2016 95.0 Calls @ 0.84 at 15:22:33
Sold UVXY SEP 16 2016 100.0 Calls @ 0.84 at 15:23:09
Sold UVXY SEP 16 2016 105.0 Calls @ 0.84 at 15:23:46
Sold UVXY SEP 16 2016 110.0 Calls @ 0.84 at 15:27:49
I would have kept going but I had to run someone to the airport
$NUGT #ShortPuts – Sold these…
$NUGT #ShortPuts – Sold these paired with existing short Calls. These all expire Friday.
Sold NUGT Jun 17 2016 85.0 Puts @ 1.05
Sold NUGT Jun 17 2016 84.0 Puts @ 1.05
Sold NUGT Jun 17 2016 83.0 Puts @ 0.85
Sold NUGT Jun 17 2016 82.0 Puts @ 0.74
Sold NUGT Jun 17 2016 80.0 Puts @ 0.55
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY SEP 16 2016 50.0 Calls @ 1.44
Sold UVXY SEP 16 2016 55.0 Calls @ 1.25
$UVXY @ShortCalls #ClassicVXXGame – Sold…
$UVXY @ShortCalls #ClassicVXXGame – Sold some small risk calls at the top of the chain with the stock at 13.50
Sold UVXY Jan 20 2017 170 Calls @ 0.50
Sold UVXY Jan 19 2018 115.0 Calls @ 3.40
$SVXY #ShortPuts #VXXGame – some…
$SVXY #ShortPuts #VXXGame – some sales this morning. Maybe a bit early but they are all near term.
SVXY JUN 17 2016 42.0 Puts @ 0.20
SVXY JUN 17 2016 44.5 Puts @ 0.35
SVXY JUN 24 2016 44.5 Puts @ 1.05
SVXY JUL 1 2016 44.5 Puts @ 1.45
SVXY JUL 8 2016 44.5 Puts @ 1.80
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY JUL 15 2016 32.0 Calls @ 0.72. Adding on to my position
$UVXY #CoveredCalls #VXXGame – when…
$UVXY #CoveredCalls #VXXGame – when the stock opened at 13 this morning I sold the following –
UVXY JUN 17 2016 19.0 Calls @ 0.19 – these expire Friday
UVXY JUN 24 2016 22.0 Calls @ 0.54
UVXY JUL 1 2016 25.0 Calls @ 0.70 – highest available strike price
UVXY JUL 15 2016 32.0 Calls @ 0.55 – highest available strike price
UVXY JUL 22 2016 22.0 Calls @ 1.42 – highest available strike price
#OptionsExpiration #Jun10 #Weeklys – wild…
#OptionsExpiration #Jun10 #Weeklys – wild ride this week. No assignments. Next week’s monthly expiration is a big one.
— Expirations —
DUST (Weekly) Jun 10 2016 22 Calls (Covered)
NUGT (Weekly) Jun 10 2016 50 Puts
NUGT (Weekly) Jun 10 2016 55 Puts
NUGT (Weekly) Jun 10 2016 60 Puts
NUGT (Weekly) Jun 10 2016 72.5 Puts
NUGT (Weekly) Jun 10 2016 73 Puts
NUGT (Weekly) Jun 10 2016 74 Puts
NUGT (Weekly) Jun 10 2016 75 Puts
NUGT (Weekly) Jun 10 2016 135 Calls
SVXY (Weekly) Jun 10 2016 45 Puts
SVXY (Weekly) Jun 10 2016 65 Calls (Covered)
UVXY (Weekly) Jun 10 2016 30 Calls (Covered)
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY Sep 16 2016 55.0 Calls @ 0.70 with the stock at 12.20.
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY Jul 15 2016 32.0 Calls @ 0.51 with the stock at 12.07.
Highest available strike.
$UVXY #ShortCalls #VXXGame – I…
$UVXY #ShortCalls #VXXGame – I continue to add these as volatility rises.
UVXY topped out at 11.70 today (so far)
Sold UVXY JUL 1 2016 25.0 Calls @ 0.40 – highest available strike
Sold UVXY JUL 8 2016 22.0 Calls @ 0.58 – highest available strike
Sold UVXY JUL 15 2016 24.0 Calls @ 0.63
Sold UVXY JUL 22 2016 22.0 Calls @ 0.95 – highest available strike
and finally … Sold UVXY Sep 16 2016 55.0 Calls @ 0.60
$NUGT #ShortStrangle – Sold 1…
$NUGT #ShortStrangles – Sold 1 NUGT Jun 24 2016 70/150 Strangle @ 3.60.
Also covered this week’s 117 calls @ 0.05, just in case.
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT JUN 17 2016 82.0 Puts @ 1.05 replacing similar positions expiring today.
One week until expiration
$NUGT #ShortCalls – Bought to…
$NUGT #ShortCalls – Bought to close NUGT JUN 10 2016 110.0 Calls @ 1.10 to make a small profit.
A bit of patience today paid off.
$UVXY #ShortCalls #VXXGame #OptionLadder -…
$UVXY #ShortCalls #VXXGame #OptionLadder – sold a whole bunch of calls against existing long stock
UVXY JUN 24 2016 22.0 Calls @ 0.28
UVXY JUL 8 2016 22.0 Calls @ 0.39
UVXY JUL 15 2016 24.0 Calls @ 0.49
UVXY JUL 22 2016 22.0 CallS @ 0.66
UVXY SEP 16 2016 45.0 Calls @ 0.69
UVXY SEP 16 2016 50.0 Calls @ 0.61
$SVXY #ShortPuts #VXXGame – selling…
$SVXY #ShortPuts #VXXGame – selling puts at strike prices up to 25% below the current price
Sold 1 SVXY Sep 16 2016 39.0 Put @ 2.05
Sold 1 SVXY Sep 16 2016 40.0 Put @ 2.20
Initial positions at these strikes.
$SVXY #ShortPuts #VXXGame #OptionLadder –…
$SVXY #ShortPuts #VXXGame #OptionLadder – adding to my positions
No margin cost because of a excess of short calls on this stock.
SVXY JUL 1 2016 45.0 Puts @ 0.60
SVXY JUL 15 2016 46.0 Puts @ 1.10
$SVXY #ShortPuts #VXXGame #OptionLadder -…
$SVXY #ShortPuts #VXXGame #OptionLadder – another account with an #OptionLadder in SVXY.
No margin cost because of a excess of short calls on this stock.
SVXY JUN 17 2016 53.0 Puts @ 0.40
SVXY JUN 24 2016 48.0 Puts @ 0.50
SVXY JUL 1 2016 45.0 Puts @ 0.50
SVXY JUL 15 2016 46.0 Puts @ 1.05
$UVXY #CoveredCalls #ShortCalls #VXXGame #OptionLadder…
$UVXY #CoveredCalls #ShortCalls #VXXGame #OptionLadder – setting up some short calls for the next 5 weeks with strike prices over 100% out of the money.
As the near week options expire, the later week options become covered. Very inexpensive short positions to carry on margin.
UVXY JUN 17 2016 20.0 Calls @ 0.07
UVXY JUN 24 2016 21.0 Calls @ 0.16
UVXY JUL 1 2016 21.0 Calls @ 0.29
UVXY JUL 8 2016 22.0 Calls @ 0.32
UVXY JUL 15 2016 23.0 Calls @ 0.42
$SVXY #ShortPuts #OptionLadder – I…
$SVXY #ShortPuts #OptionLadder – I sold the following this morning
SVXY JUN 24 2016 52.0 Puts @ 0.75
SVXY JUL 1 2016 51.0 Puts @ 1.05
SVXY JUL 8 2016 50.0 Puts @ 1.10
Options Bistro 