Bought to close $NUGT1 (pre-split strike) Dec 15 19.00 calls @ .04. Sold for .85 on 5/17.

A total bonehead move. I was putting bids in to close a bunch of positions that were mostly profitable and I mistakenly closed this one that, had I waited 2 more weeks, would have become a long term capital gain. I was toying with the idea of leaving January positions on to defer taxes to 2018 but I changed my mind, and for some reason I wasn’t paying attention to this one. Of course none of my others got filled so I guess I deserved it 🙂
Bought to close $NUGT1 (pre 1:4 reverse split) Jan 19 2018 52 calls @ .04. Sold for 2.50 on 10/19/16.

I’ll still look to take positions off that are less than double the current price (i.e., with NUGT at 35, I will look to close Jan 58 calls, Jan 66 calls and Mar 60 calls). I’d like to clear those out to make room for potential sales if gold were to spike over the next couple of months. Quite a few potential stimuli out there for a gold rally.

Putting on a position at the highest strike in Feb.
Sold $KOLD Feb 16 2018 55 call @ 2.40

Borrowing an idea from TastyTrade
Sold $NVDA Oct 20 175/195 strangle @ 2.13 with the stock at 186.24

Still elevated IV (IVR 72) so selling some premium in Nov.
Sold $COST Nov 17 150 puts @ 1.70. Delta is 25.

Bought to close $MYL Oct 20 32.50 puts @ .04. Sold for 1.10 on 4/3.

Into market strength. I still have other positions in these months.
Bought to close:
$UVXY Nov 17 80 calls @ .29. Sold for 3.20 and 3.70 on 9/5.
$UVXY Dec 15 82 call @ .85. Sold for 11.00 on 8/11.

Took some December positions off for most most the profit. Frees up some buying power.
Bought to close:
$NUGT Dec 15 58 calls @ .38. Sold for 4.30 on 5/24, 5.00 on 6/6, 2.00 on 8/28.
$NUGT Dec 15 60 calls @ .34. Sold for 2.10 on 8/31.
$NUGT Dec 15 63 call @ .27. Sold for 2.80 on 9/7.

Position is now profitable after spending months in the red. With the stock now just above the strike and still almost 3 weeks to go until expiration I decided to take it off for near 60% of the profit before it changes its mind.
Bought to close $FLR Oct 20 42.50 puts @ .59. Sold for 1.40 on 5/5.

I already have some positions on in CMG but this one seemed tempting with IV as high as it is (IVR is 88)
Sold $CMG Oct 20 275 puts @ 2.05
Delta is 15

Continuing to lighten up on mostly profitable positions.
Taking $BBY Oct positions off for most of the max profit.
Bought to close:
$BBY Oct 20 52.50 puts @ .23 (sold for 1.46 on 8/29)
$BBY Oct 20 50.00 puts @ .08 (sold for 1.00 on 8/29)

Taking positions off for most of the profit to trim back size in this ticker.
Bought to close:
$NUGT Oct 20 50 calls @ .07. Sold for 1.30 on 8/28
$NUGT Nov 17 60 calls @ .15. Sold for 1.30, 1.45 and 1.75 from 8/31 – 9/5
$NUGT Nov 17 63 calls @ .12. Sold for 1.55 on 9/7

I was reading a discussion below about rich premiums in $AAOI and what that could mean in terms of someone gunning for the company or some other piece of news that the options market may be pricing in. While I believe in the company’s long term prospects (as of now at least), short term it would be unwise of me if I didn’t lighten up some more in this. So I took off two positions today:
Bought to close $AAOI Sep 29 65 puts @ 1.50. This was a rollout, sold 5.79 on 8/17. Overall profit of 1.12 per contract.
Bought to close $AAOI Oct 20 50 puts @ 1.15. Sold for 2.40 on 8/28.

I’m still short Oct 65 and 75 puts from previous rollouts–I may take the 65s off before the end of the day.

I’m also short Nov and Dec 30 puts which are at much safer levels.

Sold $NUGT 1/19/18 66 calls @ 1.15. Highest strike.

Sold $UVXY Nov 17 70 calls @ 1.00

Lightening my exposure a little to this ticker.
Bought to close $GWW Dec 15 130 put @ .50. Sold for 2.10 on 7/19.

Sold $AAOI Dec 15 30 puts @ 1.60

Sold $NVDA Jan 19 2018 120 puts @ 1.20. I don’t know if it will get down that far but I’m looking to accumulate a long term position in this stock and I would love to get some below 120.

$AAOI Sep 22 62 puts
$SVXY Sep 22 40 puts
$SVXY Sep 22 50 puts
No assignments.

Sold Nov 17 30 puts (lowest strike) @ 1.20 with the stock at 63.72. Kind of surprised at the premium down here but I’ll gladly take the stock at 28.80 in November if it gets cut by more than half by then.

Bought to close $DRIP Oct 20 35 calls @ .05. Sold for 1.60 on 8/3.
Remaining positions: Short Nov 40 calls, Dec 35 and 40 calls.

Bought to close $T Oct 20 35 puts @ .11. Sold for .75 on 9/7.

Bought to close $DRIP Oct 20 41 calls @ .05
Sold for 1.50 on 8/21.
I’m still short 35 calls in October. Looking to take those off for .05 into the strength in oil.

Booking profits on this position that had spent quite a bit of time over the summer deep in the money. Now able to take it off for 80% of the max profit over a month early so I’m taking the opportunity.
Bought to close $TSCO Oct 20 55 puts @ .20. Sold for 1.00-1.25 on 4/12-4/13.

Sold $IRBT Dec 15 60 puts @ 1.26. Downward momentum is slowing but IV is still elevated. Stock is trading at 79.79. I’ll consider taking assignment at 58.74 in December for a longer term hold.

I thought these might go out of the money based on the action the last couple of days but today’s pullback makes that unlikely. Luckily, options on this stock roll very easily.

Rolled $AAOI Sep 15 60 puts down and out to Oct 20 55 puts for 2.00 credit.

For now I’m going to leave my 55 puts in place for tomorrow’s expiration but if there’s some more movement down I’ll roll those as well.

Taking this trade off for 75% of the premium over a month early.
Bought to close $CBI Oct 20 10 puts @ .10. Sold for .38 on 8/30.

Position had been adjusted to Sep 29 460/475 strangle. I just rolled the 460 puts out to Oct 20 for 4.20 credit. Leaving the Sep 29 475 calls for now.

Bought to close $SIG Oct 20 45 puts @ .10. Sold for 1.25 on 5/12.

Bought to close $NVDA Oct 6 150/185 strangle @ 1.22. Sold for 2.75 on 9/5. Thanks for the idea Fuzzy.

Taking this off for 80+% of the potential profit.
Bought to close $RH Sep 15 75 calls @ .25. Sold for 1.50 on 9.7.

Rolled the 530 call (from the 9/29 460/530 strangle) down to 475 (22 delta) for 3.43 credit. Original trade was the 430/530 call. With rollups/rolldowns the remaining position is 9/29 460/475 strangle with the stock at 449.19. Breakeven on the downside is now 445.36.

$SVXY Sep 8 50 puts
$SVXY Sep 8 60 puts
$UVXY Sep 8 60 calls
$UVXY Sep 8 64 calls

If you’re anywhere near that monster Irma please stay safe. Hoping for some change in direction. There’s also that jerk Jose right on her heels.

Sold $EFX Oct 20 90 puts @ 1.40 with the stock at 122.87. IV rank is 100.

From TastyTrade (Tony MX).
Sold $T Oct 20 35 puts @ .75 with the stock at 35.64.

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.