Bought to close $EWZ Mar 15 46/51 BeCS for .32. Sold for .66 on 2/14.

Original trade was Mar 15 33/42 short strangle. On 2/6 I rolled the 33 puts up to 39 for 1.00 credit. Today I rolled the 39 puts up to 41.50 puts for .64 credit. Position is now a 41.50/42 strangle. Total premium taken in is 3.56.

Sold $NUGT Jun 21 35 calls @ 1.20. Adding to position at the highest strike.

A little bit closer to the money than I normally would sell but my thesis is the stock’s post-earnings selloff momentum has slowed. Short strike is around the 50 day moving average, around 3 points lower than the stock price.
Sold $DE Mar 15 155/150 BuPS @ 1.32. Delta of the short strike 37.

Closing position to guard against an afternoon pullback. Bought to close $AMZN Feb 15 1590/1580 BuPS @ .19. Sold for 2.05 on 2/4.

Looking for a drift back down after its big day today. Short call is above the recent highs from late Jan/early Feb.
Sold $EWZ Mar 15 46/51 BeCS for .71.

Sold $NFLX Mar 15 335/325 BuPS for 2.55.

Bought to close $EA Mar 15 75 puts @ .15. Sold for 1.41 on 2/6.

Bought to close $UPS Jul 19 75 puts @ .37-.38. Sold for 1.35 on 12/13. Taking the 70%+ off the table with over 5 months to go.

The selling momentum seems to have subsided and the stock is off its lows of the day. IV still elevated but falling fast so I want to capture some of that. Sold $EA Mar 15 75 puts @ 1.41. Delta 24.

From Mar 15 33/42 short strangle, rolled the 33 puts up to 39 (delta 30) for 1.00 credit. Position is now a 39/42 strangle. Total premium taken in now 2.92.

Sold $NUGT Jun 21 35 calls @ 1.01. Highest strike in June.

Bought to close $NFLX Feb 15 385 calls @ .50. Sold for 2.60 on 1/18.

Was able to leave a few to expire. Will look to reinitiate some positions next week.

Expiring:
$AAPL Jan 18 155/145 bull put spread
$AAPL Jan 18 155/150 bull put spread
$AMAT Jan 18 35 puts
$AMZN Jan 18 1400/1390 bull put spread
$AMZN Jan 18 1485/1480 bull put spread
$AMZN Jan 18 1535/1525 bull put spread
$BA Jan 18 295/290 bull put spread
$BOIL Jan 18 45 calls
$GWW Jan 18 280/270 bull put spread
$RIG Jan 18 16 calls (covered)
$SMH Jan 18 78/84/98/104 iron condor
$STX Jan 18 37 puts
$UVXY Jan 18 65/75 bear call spread
$UVXY Jan 18 65/70 bear call spread
$UVXY Jan 18 75/80 bear call spread
$UVXY2 (pre-1:5 split) 15/25 bear call spread
$VXX Jan 18 long 20 puts (full loss)
$WYNN Jan 18 100 puts

$MCD Jan 18 170/175/182.50/187.50 iron condor–should have expired but I got too cute and didn’t close out the short call side and it finished .07 in the money. So I’ll have to deal with a buy in from assignment on Tuesday morning.

Have a great weekend everyone.

Options ITM so closing for a profit to avoid assignment.
Bought to close $TQQQ Jan 18 45 put @ .45. Sold for 2.15 on 9/5.

To avoid possible assignment today with the options currently in the money.
Bought to close AMAT Jan 18 36 puts @ .24. Sold for 1.30 on 9/7.

Sold $NFLX Feb 15 385 calls @ 2.60. I am long the stock, so no buying power reduction.

Borrowing an idea from TastyTrade in an underlying relatively uncorrelated with SPX, NDX, etc.
Sold $UNG Feb 15 26/34 strangle @ 1.82.

Bought to close $BOIL Mar 15 50 call @ .35. Sold for 4.10 on 11/5.

Bought to close $FB Jan 18 125/120 BuPS @ .36. Sold for 1.15 on 12/31.

Bought to close $BA Jan 18 290/280 BuPS @ .43. Sold for 2.20 on 12/27.

Sold $FB Jan 18 125/120 BuPS @ 1.15. May consider taking assignment with a basis below 125 if it goes down there again in the next 2 weeks. Sold in IRA accounts.

Have orders in to close some of these. This one filled:
Bought to close $BOIL Jan 18 50 call @ .25. Sold for 2.87 on 10/17.

Down today but seems like it’s stabilizing after the last couple of days.
Sold $BA Jan 18 290/280 BuPS @ 2.20. Delta of short strike 29.

25% of the S&P is trading below 10x earnings.
On the techncial side, T2108 (% of stocks above their 40 day moving average) is still deeply oversold obviously at 6.45. It got down to 3.45 on Monday–it hasn’t been at that level since the implosion in Oct 2008.
Hoping today’s impressive action actually means something. Would love to be dipping my toe back in but I’ve been cautious. Some follow through (similar to the Dalia Lama’s promise of total consciousness)…would be nice.

Almost at the close, T2108 is 5.60.

Just saw this fill from earlier.
Bought to close $DUST Mar 15 2019 40 calls @ .90. Sold for 2.00 on 7/27.
Taking the >50% off 4 months early.
Getting more aggressive in closing profitable positions now just because of how the exploding volatility has made a huge dent in buying power.

Hoping I’m not too early but just sold $BA Jan 18 295/290 BuPS for 1.20 credit. Short strike is below the stock’s big low on 11/20.

Playing for a volatility contraction into the end of the week.
Bought to open:
$VXX Dec 21 43.50 puts @ 1.57
$VXX Dec 21 44.00 puts @ 1.80

Sold $AMZN Jan 18 1400/1390 BuPS @ 1.50

Had this order in to close for .05. Just got filled.
Bought to close $BOIL Dec 21 105 calls @ .05. Sold for 1.50 on 12/4.

Rolled the following short Dec in the money puts out to Jan:
$ATVI 12/21 50 puts out to 1/18/19 50 puts @ 1.06 credit
$GS 12/21 180 puts out to 1/11/19 180 puts (weekly to avoid earnings) @ 2.22 credit
$WYNN 12/21 120 puts out to 1/18/19 120 puts @ 1.78 credit

Throwing one out there at 10 delta. Strike is at a level the stock hasn’t been in around 6 years.
Sold $UPS Jul 19 75 puts @ 1.35.

Rolled $TNA Dec 21 60 puts out to Jan 18 60 puts for 1.28 credit.

I rolled this on 11/23, closing it now for an overall profit.
Bought to close $WTW Dec 21 49 puts @ 2.00. Rolled from 11/23 50 puts. Total profit .60.

Bought to close $RH Jan 18 165 calls @ 1.35. Sold for 3.00 on 12/4. Being strict about my 50% profit targets in this market.

Rolled short in the money $ROKU Dec 21 40 puts out to Jan 18 40 puts for .92 credit. When I entered this trade on 11/8, I got 1.43 credit so total taken in is now 2.35 bringing my basis on the stock, if assigned, to 37.65.

With the pound taking a beating, I decided to sell some premium via put spreads in a couple of IRA accounts. The buying power of naked puts would be much too high so I bought cheap wings to create a synthetic short put with a potential 11% ROC in 40 days. Delta of the short strike is 30.

Sold $AAPL Jan 18 165/160 BuPS @ 1.12. IV rank is 66. Delta of short puts 28. Could be a double bottom on the daily–if there’s follow through I’ll look to take this off quickly with help from delta and a contraction of IV.

Nasdaq up on the day, after being down almost 175 points lower this morning

Sold $NFLX Dec 21 250/240 BuPS @ 1.20. IV rank is 68. Delta of the short put is 16.

Sold $BOIL Dec 21 105 calls @ 1.50. BOIL would need to double from here in 2 1/2 weeks to reach the strike.

Sold $RH Jan 18 165 calls @ 3.00 with the stock at 144.96.

Bought to close the following:
$NVDA Dec 21 120 puts @ .06. Sold for 1.25 on 11/16.
$NVDA Jan 18 110 puts @ .20. Sold for 1.47 on 11/16.
$UVXY Dec 7 70/80 BeCS @ .04. Sold for 1.25 on 11/6.
$UVXY Jan 18 2019 75 call @ 1.30. Sold for 4.35 on 10/4.
$BA Dec 21 305/300 BuPS @ .09. Sold for 1.27 on 11/19.
$AMZN Dec 21 1470/1450 BuPS @ .31. Sold for 3.41 on 11/12.
$SOXL Dec 21 85 put @ .84-.85. Sold for 5.40-5.67 on 10/10.

They’re aware and working on it but just wanted to let you all know in case you were checking and wondering what happened.

For greater than 50% of the profit.
Bought to close $SOXL Dec 21 85 put @ 2.60. Sold for 5.60 on 10/10.

Bought to close $OLED Dec 21 70 puts @ .30. Sold for 1.45 on 11/12.

Rolled $WTW Nov 23 50 puts down and out to Dec 21 49 puts @ 1.30 credit with the stock at 47.95. Total premium taken in now 2.60 so my breakeven has been reduced to 46.40.

Taking more of this off. Now I’m just short Dec 110 puts.
Bought to close:
$WHR Dec 21 105 puts @ .59. Sold for 1.55 on 7/24.
$WHR Jan 18 95 puts @ .49. Sold for 1.25 on 10/3.
$WHR Jan 18 100 puts @ .75. Sold for 1.85 on 7/25.

From its early Oct highs

Another out of the money put spread on a stock heavily extended to the downside. Short strike 15 delta. Sold $NFLX Dec 21 225/215 BuPS @ 1.20.

Sold $AMZN Dec 21 1390/1385 BuPS @ 1.20. Did this trade in a couple of smaller accounts hence the tight spread of 5 points. I’ll likely have to hold this longer than if I sold let’s say a 20 point wide spread to get to my profit target, but I like what Tom Sosnoff would call the “pot odds” on this. A reversal and bounce here would probably run into some serious resistance in the mid 1600s but I’d probably be out of the trade by then. Recent low 1476; delta of the short strike is 21.

2 years ago, this may be your chance. Stock getting close to where it traded at the beginning of 2017.
I’ll keep selling small put positions at lower prices and will look for a bull put spread opportunity on evidence of a reversal.

Sold $NVDA Dec 21 120 puts @ 1.25

Lightening up to free up buying power
Bought to close:
$WHR Dec 21 90 puts @ .40. Sold for 1.40 on 10/9.
$KMB Jan 18 95 puts @ .45. Sold for 1.35 on 10/22.
$MLM Jan 18 150 put @ .90. Sold for 2.20 on 10/10.
$F Dec 21 9 puts @ .15. Sold for .42 on 9/7.
$SJM Jan 18 95 puts @ .97. Sold for 2.30 on 10/2.
$DUST Mar 15 49 call @ 2.50. Sold for 5.10 on 8/15.
$TNA Nov 16 57 puts @ .45. Sold for .50 on .50 on 11/12–getting out for near breakeven; may sell at a lower strike later.

Sold $FB Dec 21 130/120 BuPS @ 1.20. IV rank is still high at 55. Delta of short strike is 20.

This seems safe but who knows…
Sold $AAPL Jun 21 2019 130 puts @ 1.30

Back above the 200 dma. Sold $BA Dec 21 320/310 BuPS @ 1.33

Bought to open (bear put spread): $VXX Nov 30 36/31 BePS @ 2.47 debit
Sold to open (bear call spread): $UVXY Nov 23 60/70 BeCS @ 1.29 credit

Going the other way on $GS. Not at all calling a bottom, just saying that if it gets down to the strike (another 13% lower from here) I’d be willing to buy the stock at what would be around a 2 year low.
Sold $GS Dec 21 180 puts @ 1.45. Delta of the puts is 12. Basis if assigned 178.55.

Sold $AMZN Dec 21 1470/1450 BuPS for 3.41. Short strike (delta 18) is below the recent low from 10/30 (1476 intraday).

Sold $OLED Dec 21 70 puts @ 1.45. Stock at 86.65/Delta 14.

Up to 60 in most expirations
Sold:
$BOIL Dec 21 60 calls @ 2.60
$BOIL Jan 18 60 calls @ 4.30

Sold $ATVI Dec 21 50 puts @ 1.10 with the stock at 55.62. Premium is better now.

Sold $UVXY Nov 30 60/70 call spreads @ 1.15

Sold $AMZN Nov 16 1625/1575 BuPS @ 5.00 for next week’s expiration with the stock around 1716. Delta of the short strike is 16.

Sold $TTD Dec 21 100/90 BuPS @ 1.30