T2108 24.63
T2122 2.75

Sold $UVXY 9/20 40/50 bear call spread @ 1.28

Sold $DRIP 12/20 130 call @ 13.00. New highest strike.

Bought $VXX 8/16 26/22 bear put spread @ 1.91. Will look to take this off for near 3.00, hopefully soon if volatility retreats.

Sold $AAPL 9/20 230 calls @ 2.21. Covered by long stock.

A huge red candle printing on the daily chart, down around 15% today. This is the type of volatility that kills the long side of these ETFs. Just to recover and get back to the highs from this morning/yesterday, DRIP will have to increase more than 20%.

Lightening things just a bit. Bought to close $NUGT 9/20 54 calls @ .68. Sold for 1.40.

Post-earnings, IV still a bit elevated and the stock slowing down, sold $CMG 8/16 810/820 bear call spread @ 2.20

Sold $WDC Sep 20 62.50 calls @ 1.90.

I was assigned 4 separate lots of stock from short puts, back in May and June.

I took one of those lots (sold stock for 54.79) off for an overall profit (after multiple rolls/adjustments starting in September.

For one of the remaining 3 lots, I sold Sep 20 60 covered calls which would take me out of that one for an overall profit if assigned.

Watching to sell calls on the other 2 lots as the stock looks like it could be poised for an earnings run into next week.

Sold $NUGT Sep 20 54 calls @ 1.40. Highest strike.

Bought to close 8/9 265 puts @ 1.60. Sold for 3.90 on 7/3.
Thanks again Fuzzy!

Sold $NFLX Aug 310/300 BuPS @ 2.60

Sold $CI 8/16 185/194 bear call spread @ 1.60.

Bought to close 9/20 60 puts @ .50. Sold for 1.20 on 4/24.
I am now totally out of this underlying.

Sold $NUGT 9/20 44 calls @ 1.10 (highest strike).
I am now short these calls in Sep 26, 30, 31, 35, 39, 44. I could roll the ITM 26 calls up now but it would have to be to December. Could roll to 30 for a small credit but I’m going to wait a bit before I do that.

Bought to close $XBI 8/16 78 puts @ .48-.49. Sold for 1.21 on 6/24.

Sold 7/19 55 calls @ 1.00, against part of my assigned long position.

Intraday weakness had me convinced the stock was rejected at resistance and heading lower, and I was looking for quick decay on short dated options. Didn’t work out so I’m closing these before they get out of hand.
Bought to close:
$NFLX 7/12 380 calls @ 4.06 (sold for 2.50)
$NFLX 7/12 382.50 calls @ 2.74 (sold for 1.52)

Sold 7/12 380 calls @ 2.50 for this Friday’s expiration

Bought to close $CVS 8/16 50 puts @ .50. Time has marched on and the stock hasn’t moved too much since I put the trade on (sold for 1.34 on 3/1).

With the stock recovering a bit and now hanging around the short put strike I decided to close this trade for about 45% of the max profit. Bought to close $HIIQ 7/19 jade lizard (short 26 puts + 34/37 bear call spread) @ 1.77. Sold for 3.20 on 6/7.

Taking profits on long put spreads.
Sold $VXX 7/12 28/24 bear put spread @ 3.05. Bought for 2.00 on 6/25.
Sold $VXX 7/19 28/24 bear put spread @ 3.06. Bought for 1.94 on 6/14.

Bought to close $CMG 7/19 770/780 bear call spread @ .35. Sold for 1.86 on 6/25.

Bullish on this stock that’s near the bottom of its range for the last couple of months. IVR is low (20) so I decided to buy calls. Bought $HQY 65/70 bull call spread @ 2.18. Bearish moving average configuration so I’m not looking for a huge breakout here.

Been rolling this losing trade out since November. Or maybe I should adopt a more optimistic attitude and call it a “soon to be ex-losing trade”. Rolled 7/19 50 puts out to 8/16 50 puts @ .85 credit with the stock at 46.76.

Total credit so far (this will be the 8th rollout): 2.17. Stock is let’s say around 1.00 below the August breakeven. Technically the stock is in an uptrend the last month and is now above the major moving averages with the 20 close to crossing above the 50. Of course there are earnings to deal with before August expiration. If the stock makes a run into earnings then I won’t have to worry about it.

Sold $AAPL 7/19 190/180 bull put spread @ 1.70 credit with the short strike at 30 delta, right around support,

Bought $VXX 7/12 28/24 bear put spread @ 2.00. 1:1 risk/reward. Will look to take off for around 3.00.

$CMG at resistance, now close to the low of the day. Sold 7/19 770/780 bear call spread @ 1.86 with the stock at 733.29.

Sold $ROKU 7/19 90/85 bull put spread @ 1.22.

Sold $NLSN 7/19 22 puts @ .75. Stock hasn’t bounced yet today so I’m likely early here. But an assignment at 22 will give me a basis of 21.25 and a 6% dividend.

Sold $XBI 8/16 78 puts @ 1.21. Strike below the May lows. Delta 20.

Sold $NUGT 9/20 39 calls @ 1.46. New highest strike.

Most of my positions were rolled but this is what was left to expire:
$BA 6/21 345/340 bull put spread
$DE 6/21 130/125 bull put spread
$MMM 6/21 170/160 bull put spread
$NFLX 6/21 325/315 bull put spread
$TLT 6/21 132/137 bear call spread
$UVXY 6/21 40/50 bear call spread
$X 6/21 14 puts
$BKNG iron butterfly 1670/1700/1730 expiring for full loss. Position had been adjusted/rolled a couple of times–total premium 20.60 so 9.40 loss.

Have a great first official weekend of summer everyone.

Borrowing an idea from TT (from yesterday).
Sold 8/16 136/143 bear call spread @ 1.05.

$SHOP printing an inverted hammer today and coming back inside the upper bollinger band on the daily chart. This may have topped out for now. Sold 7/19 340/350 bear call spread @ 3.33. Short strike above today’s high.

Keeping it on a short leash and will close out quickly if the stock reverses back up and tests 340 again.

Sold $NUGT 9/20 35 calls @ 1.40. Highest strike in Sep.

Sold $NUGT 9/20 31 calls @ 1.15, adding at a higher strike. I had an order in from this morning and got filled but I probably should have waited–you can get quite a bit more now (or maybe a higher strike).
My position is now short:
9/20 26 calls
9/20 30 calls
9/20 31 calls

Bought to close $AVGO 7/19 250/240 bull put spread @ .85. Sold for 2.40 on 6/14.

I’m already short the Sep (9/20) 26 calls. Just added (sold) 9/20 30 calls @ 1.05.

Sold to close 6/21 31/26 bear put spread @ 3.82. Bought for 2.51 on 5/29. 52% profit.

Sold against stock from assignment. STO 7/19 64 call @ 1.52. I was assigned at 64 so if called away in July, position will be closed for an overall profit.

Bought to close $FB 7/19 165/155 bull put spread @ .59. Sold for 1.72 on 6/12.

Bought to close $AVGO 7/19 230/320 strangle @ 1.75. Sold for 2.92 yesterday.

Bought $VXX 7/19 28/24 bear put spread @ 1.94 debit. About 1:1 risk/reward. Breakeven 26.06 in 36 days with VXX currently at 27.38.

Bought to close $BYND 7/19 90/80 bull put spread @ 1.00. Sold for 2.25 on 6/11.

Unrelated–I have a strange hankering for a cheeseburger.

Sold $AVGO 7/19 250/240 bull put spread @ 2.40.

Borrowing another TT idea.
Sold $AVGO 7/19 230/320 strangle @ 2.92.
Earnings play but expiration in July.

Sold $DIS 7/19 145 calls @ 1.33 (covered). This is a partial hedge against my stock position.

Bought to close $LULU 150/155/185/190 iron condor @ .45 for 80% of the max profit.

Bought to close $RH 8/16 75 puts @ .80. Sold for 3.10 on 4/2.

Bought to close $CTL 6/21 10 puts @ .04. Sold for .33 on 5/9.

Getting out for near breakeven/small profit.
Bought to close $IRBT 7/19 90/95 strangle @ 7.05.
Original trade was short May 95 puts. Rolled down and out to June 92.50 puts, then added Jun 95 calls. Subsequently rolled the position out to July 90/95 strangle. Overall profit after adjustments is .28. Lots of work to get back to even but I’ll take it.

Happy for you Fuzzy, and all long-suffering Blues fans!

I feel like I might have jinxed game 6, so I’m not gonna say anything about who’s gonna win tonight, Fuzzy. All I’ll say is enjoy the game. It’s looking to be a great one!

Sold 6/21 150/155/185/190 iron condor @ 2.25 credit.
Stock around 170.30. Short strikes right at expected move (+/- 15 points).

Added a bit to this position (at the highest strike in Sep). Sold 9/20 21 calls @ 2.20 with DRIP at 16.07. My previous sales were at 1.55. Still pretty far out of the money but making a strong move up on the continued hammering of oil.

Sold $FB 7/19 165/155 bull put spread @ 1.72.

Borrowing an idea from Tom at TastyTrade. Sold $CMG 7/19 750/760 bear call spread @ 3.60. Stock at 729.40 up almost 15% over the last week. Daily chart shows resistance around the current price.

Hit my 50% profit target, so sold to close 6/21 32/27 bear put spread @ 3.75. Bought for 2.44 on 6/3.

Sold $BYND 7/19 90/80 bull put spread @ 2.25. Going far out of the money with the short strike at 14 delta and more than 40 points out of the money.

There’s some meat on the bone with out of the money option premium. See what I did there?

Bought to close $BA 6/21 330/320 bull put spread @ .28. Sold for 1.49 on 5/20.

Go Blues! Great win in Boston last night, taking back home ice advantage and setting up a possible series-ending-Stanley-Cup winning game 6 at home. Scottrade Center errrr Enterprise Center will be rocking! It’s time to end the drought–Sunday night will be it.

Bought to close $JNJ 7/19 120 puts @ .60. Sold for 1.23 on 5/29.

Bought to close $ANET 6/21 230 puts @ 1.50. Sold for 3.00 on 5/3

Bought $VXX 6/21 32/27 bear put spread @ 2.44. Breakeven 29.56 in 19 days with VXX at 30.82. With all the volatility, the VIX term structure has remained relatively flat (still in a slight contango in the short end of the curve: http://vixcentral.com/).

Sold $NUGT 9/20 26 calls @ 1.10

Bought to close 6/21 1750/1740 bull put spread @ 5.38. Sold for 2.35 on 5/29. Will look to reinitiate something once things stabilize a bit more.