At the new highest strike.
Sold $NUGT Dec 15 63 call @ 2.80.

Sold $RH Sep 15 75 calls @ 1.50 with the stock at 71.59 slowing its upward momentum. Expiration a week from tomorrow.

Taking some more off at most of max profit just to reduce my size a bit.
Bought to close:
$SVXY Sep 15 65.00 puts @ .55 Sold for 5.25 on 5/8
$SVXY Sep 15 42.50 puts @ .10 Sold for 1.30 on 6/15
$SVXY Sep 15 37.50 puts @ .04 Sold for .78 on 5/17
$UVXY Sep 22 82.00 call @ .12 Sold for 6.00 on 8/11
$UVXY Sep 29 82.00 call @ .40 Sold for 6.80 on 8/11

Was looking for a good opportunity to roll this in the money short put in Sep to Oct but but with the big move down in the stock today there’s no premium there. I decided to go out to Nov.
Rolled $CMG Sep 15 355 puts out to Nov 17 355 puts for 2.80 credit. A little more to continue to reducing basis on this trade.

Taking this position off for 75% of the max. Bought to close $XOP Sep 15 29 puts @ .16. Sold for .64 on 8/11.

Rolling short Sep 65 puts out to Oct 65 puts for 3.75 credit with the stock now trading at 58.57. I’m extending duration on this trade and bringing my cost basis down, if assigned, to 57.75 (65.00 strike price less 7.25–3.50 for the original Sep put sale plus 3.75 for the rollout). When I originally sold puts on this, the idea was to take assignment of a stock I wouldn’t mind owning long term. But with the rich premiums, rolling out has been the way to go. So far, at least.

Taking a cue from Iceman, I took off some positions with strikes in the 60s since I am also short at higher strikes. Seems like prudent risk management.
Bought to close:
$UVXY Dec 15 65 calls @ 4.20. Sold for 7.00-11.00 on 8/9 and 8/10.
$UVXY Jan 19 2018 65 calls @ 5.40. Sold for 8.10 and 11.50 on 8/9 and 8/10.
$UVXY Mar 16 2018 60 call @ 7.45. Sold for 9.00 on 8/9.

Also, bought to close $UVXY Sep 15 82 call @ .04. Sold for 4.50 on 8/11.

In January
Sold $NUGT1 Jan 19 2018 19 calls @ .35 (equivalent to 76 strike)

Nov 17 60 calls @ 1.30
Dec 15 60 calls @ 2.10

I have a few September short put positions near the money but this one is too deep in the money to imagine the stock will get there in 2 weeks so I’m rolling Sep 75 puts out to Oct for 2.65 credit, with the stock at 60.73.

I previously rolled this and have been collecting premium against it (7.26 so far). So if I take assignment at Oct expiration my basis will be 67.74. Of course a lot can happen between now and then.

Had an order in to close some of these at .01. This one got filled.
Bought to close $UVXY Sep 8 82 call @ .01. Sold for 3.65 on 8/11.

Bought to close $MNK Oct 20 30 puts @ .25. Sold for 1.20 on 5/17. Taking it off 1 1/2 months early. I still have a nice size position in Jan (short 30 puts) that I’ll keep on.

Bought to close $ESRX Nov 17 52.50 puts @ .44. Sold for 1.36 on 5/11.
Taking almost 70% max profit out about 2 1/2 months early.

Getting out of this for around 65% of max profit when it was deep underwater as recently as last week. The options were trading as high as 15 in early July when the stock made its excursion below 500 into the 490s. I thought this one was going to have to get rolled out based on how it was acting but the modest recovery sucked the premium out of the options. Taking the profit a couple of weeks early and not looking back.
Bought to close $AZO Sep 15 480 puts @ .85. Sold for 2.50 on 5/23.

Not my typical strategy but IV rank is still high from its big August move down (IVR 63). Stock is moving up strongly today so selling puts with IV still high. Strike price is near the lows from mid-August.
Sold $CBI Oct 20 10 puts @ .38.

Adding just a bit here. Sold a small position of the $BBY Oct 20 52.50 puts earlier today. With the further down move I just sold Oct 20 50.00 puts for 1.00.

Sold $DRIP Nov 17 40 calls @ 2.00. Highest strike in Nov.

$BBY On the post-earnings move down, sold Oct 20 52.50 puts (27 delta) for 1.46. Strike price is below the July lows.

Sold $UVXY Oct 20 80 calls @ 3.00. Highest strike.

Sold at the highest strikes:
$NUGT Oct 20 50 calls @ 1.30
$NUGT Dec 15 58 calls @ 2.00

Sold $AAOI Oct 20 50 puts @ 2.40 with the stock at 60.76. Willing to go long the stock at a basis of 47.60.

Bought to close $SVXY 8/25 78 puts @ .20. Sold for 7.67 as a rollout on 8/11. A hairy ride, but profit achieved on the rollout from 8/18 80 puts.

It looks like we won’t make it up to 65 so I’m rolling tomorrow’s (8/25) $AAOI 65 puts down and out to Sep 22 62 puts for 1.95 credit. New strike is at the money (stock at 62.27) and after the credits taken in, my cost basis if assigned would be 61.80.

Taking Iceman’s trade from yesterday. Risky, since the stock is a lot closer to the strike today but any kind of move up in the next 2 days will deflate the premium quickly. If I’m wrong, I’ll roll out.
Sold $CMG Aug 25 295 puts @ 1.20.

Following Iceman’s lead and thinning out short calls at some of the lowest strikes I have in some of these expiration cycles. All nicely profitable.
Bought to close:
$UVXY Sep 22 64 calls @ 1.10. Sold for 4.95 and 6.00 on 8/10.
$UVXY Sep 22 55 calls @ 1.38. Sold for 3.13 on 8/9.
$UVXY Sep 15 68 calls @ .46. Sold for 2.85 and 4.10 on 8/10.
$UVXY Sep 15 65 calls @ .54. Sold for 2.27 on 8/9.

Taking this off for 55% of the potential profit:
Bought to close $PYPL 9/15 55/62.50 strangles @ .60. Sold for 1.33 on 8/2.

Highest strike in October.
Sold $DRIP Oct 20 41 calls @ 1.50.

Adjusting my Sep 134/142 strangle. With $IWM testing the 134 put, I rolled the 142 calls down to 138 (26 delta) for .64 credit. Position is now 134/138 strangle.

Looks like I missed some more fireworks last week. Hope you all were able to take advantage of the volatility. I was forcing myself to keep the trading to a minimum. It was tough on Thursday 🙂

Looks like this will finish in the money tomorrow so I’m rolling the 8/18 70 puts out to 9/29 and down 5 points to 65 puts for 1.37 credit. Stock currently at 65.55.

Got pretty heavy in this the end of last week and I promised myself I would thin a bit on a retreat in volatility. Peeling a few off just for position size management.
Bought to close:
$UVXY 8/25 82 call @ .15 Sold for 2.20 on 8/11
$UVXY 8/25 60 call @ .39 Sold for 1.80 on 8/10
$UVXY 9/1 82 call @ .37 Sold for 3.10 on 8/11
Will look for more opportunities if things remain calm.

Bought to close $AZO Aug 18 520 put for 3.20. Sold for 4.70 on 6/21. Considering how in the red this position was (option was trading for over 30.00 just a few weeks ago) I’ll take the 32% max profit instead of having to watch it and potentially roll it next week.

Sold $NVDA Sep 15 135 puts @ 1.37. IV is still extremely high (at 100 IV rank) and not coming in yet. This strike is almost 20 points out of the money with an 85% probability of profit. Delta is 13.

Taking a shot on a bullish trade at the bottom of the range. Strike price is below recent lows 29.90 on 6/21 and 29.92 on 7/7. IV rank is 51.
Sold $XOP Sep 15 29 puts @ .64.
Delta 31.

$UVXY at 43, $SVXY at 72.

Sold $CMG Dec 15 230 put @ 2.60. Lowest strike. Willing to take the chance that the stock doesn’t have another 100 point (30%) drop in it before Dec. The strike is at a level CMG hasn’t been in 6 1/2 years (Feb 2011).

Sold:
$SVXY Aug 11 70 puts @ .30 (tomorrow’s expiration)
$SVXY Aug 18 75 puts @ 1.40
$SVXY Aug 25 60 puts @ 1.20
$SVXY Sep 22 50 puts @ 1.40
$SVXY Dec 15 40 put @ 2.10
$SVXY Mar 16 2018 35 put @ 2.55

$UVXY Aug 11 50 calls @ .41 (tomorrow’s expiration)
$UVXY Aug 18 68 calls @ .50
$UVXY Aug 25 60 call @ 1.80
$UVXY Sep 1 64 call @ 1.50
$UVXY Sep 8 64 call @ 2.00
$UVXY Sep 15 68 call @ 2.85
$UVXY Jan 18 2019 65 call @ 14.50

I’m rolling this week’s in-the-money 75 puts out to the September monthly (9/15) expiration for 3.41 credit.
Bought to close $AAOI Aug 11 75 puts @ 6.89
Sold to open $AAOI Sep 15 75 puts @ 10.30
This further reduces my basis in the trade. With the 3.41 credit plus the 1.20 premium I took in for the Aug 11 75 puts my cost basis for the stock, if assigned, will be 70.39. It is currently trading at 68.33.

Taking advantage of the increase in volatility to sell premium. Leaning slightly bearish.
Sold $IWM Sep 15 134/142 strangles @ 2.30.

Post-earnings, sold $FOSL Jan 19 2018 8.00 puts @ 1.20

Sold $SVXY Sep 22 70 puts @ 2.86

Bought to close $TGT Oct 20 45 puts @ .10. Sold for 1.11 on 3/14.

Bought to close $NUGT Aug 18 45 calls @ .02. Sold for .90-1.25 from 6/21-6/23.

Whatever…

I previously thought I’d leave this one on through earnings but with the profit % in there now it made no sense.
Bought to close $AAOI Aug 18 55 puts @ .35. Sold for 1.55 on 7/14.

Selling some puts on the big post-earnings move down. This is a stock I would like to own long term. I’m already short Aug 30 puts so it looks like I’ll be starting my position in a couple of weeks. If the stock continues down and ends significantly below 20 in Dec then I’ll be adding to that position.
Sold $SWIR Dec 15 20 puts with the stock at 24.22.

Sold $PYPL Sep 15 55/62.50 strangles @ 1.33. IV rank is 58.
Delta of the put is 21, delta of the call is 25.
The put strike (55) is at support, call strike (62.50) above the all-time high in the stock from last week. Will look to take off at 50%.

Bought to close $IWM Aug 18 144 calls @ .20. Sold for 1.00 on 7/24. Probably got a bit lucky on the timing but I’ll take it. I’ll look to re-initiate a trade in this ticker (short puts or a short strangle) once this pullback runs its course and hopefully IV increases.

Sold $VMC Sep 15 105 puts @ 1.25. Earnings are tomorrow before the bell.

For those of us who held longer term short put positions through the painful month of July things could be turning around. Chart has a nice rounded bottom since the gap down on 7/5, with the stock threatening to trade into that gap, now above 540.
I am short:
Aug 520 puts
Sep 480 puts
Dec 500 puts

I’ve been selling puts on this all the way up the last couple of months, with the intention of taking the stock if assigned. They’ve all either expired or were taken off early for near full profit. Today I closed one more with earnings coming up:
Bought to close $AAOI Aug 11 65 puts @ .70. Sold for 2.40 on 7/17.
Resetting for September to get good premium:
Sold to open $AAOI Sep 15 65 puts @ 3.50.
I guess another way to look at it is rolling out to Sep for 2.80 credit but I’m treating it like a separate trade in September.
The only other position I have on in this name is short Aug 18 55 puts which I’ll keep on over earnings.

Borrowing this trade from one of the TastyTraders. He did an iron fly but I went with just the short straddle for more premium and much easier roll ability. Will look to take off at 25% profit.
Sold $MAT Sep 15 20 straddles @ 1.72.

Bought to close $SNI Dec 15 55 puts @ .05. Sold for 1.22-1.25 on 6/1.

Selling some puts to offset all the short calls in January
Sold $SVXY Aug 18 70 puts @ 1.50

Be careful.