$FOSL

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

#VXXGame trades Sold these near…

#VXXGame trades
Sold these near the open:
$SVXY Aug 25 67.50 puts @ 1.10
$SVXY Sep 1 62.50 puts @ 1.10
$SVXY Sep 8 60 puts @ 1.15
$SVXY Sep 15 52.50 puts @ 1.10
$UVXY Aug 25 60 calls @ .94
$UVXY Sep 1 60 call @ 1.40
$UVXY Sep 8 60 call @ 1.70
$UVXY Sep 15 65 call @ 2.27
$UVXY Sep 22 55 call @ 3.13
$UVXY Dec 15 65 call @ 7.00
$UVXY Jan 19 2018 65 call @ 8.10
$UVXY Mar 16 2018 60 call @ 9.00

$SVXY puts

Sold $SVXY Sep 22 70 puts @ 2.86

$FLR #FallingKnife Sold $FLF Jan…

$FLR #FallingKnife
Sold $FLR Jan 19 2018 35 puts @ 1.30

#OptionsExpiration for 8/4 Only 2…

#OptionsExpiration for 8/4
Only 2 today
$ATVI Aug 4 60 puts
$CMG Aug 4 300 puts

I’ve been taking a bunch of stuff early. Things feel really risky right now.

Thanks for all the great ideas everyone.

UVXY–closing some pre-split Sep positions

For less than .05.
Bought to close $UVXY1 Sep 15 55 calls @ .04. Sold for .60 on 5/17
Bought to close $UVXY1 Sep 15 60 calls @ .04. Sold for .70 on 6/29
#VXXGame

$MYL #FallingKnife Sold $MYL Jan…

$MYL #FallingKnife
Sold $MYL Jan 19 2018 30 puts @ 1.56.
Stock has gotten hit by 15% over the last few days. Earnings are next week.

Closing Oct TGT

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

Closing Aug NUGT

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

$PXD #FallingKnife Taking Iceman’s trade…

$PXD #FallingKnife
Taking Iceman’s trade from yesterday.
Sold $PXD Jan 19 2018 95 puts @ 1.40.

Market selling off and the VIX is dropping

Whatever…

AAOI borrowing ladder idea from…

AAOI borrowing ladder idea from @fuzzballl
Went lower on the strikes and just bullish. Sold:
$AAOI Aug 11 75 puts @ 1.20
$AAOI Aug 18 70 puts @ 1.25
$AAOI Aug 25 65 puts @ 1.25

Go $AAOI!
#Earnings

DRIP on the move again

Sold $DRIP Oct 20 35 calls @ 1.60. Highest strike. Looks like you can get a bit more now.

#contangoetfs

Closing Aug AAOI

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.

SWIR Dec puts

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.

$PYPL strangle

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%.

$CAH #FallingKnife Sold $CAH Jan…

$CAH #FallingKnife
Sold $CAH Jan 19 2018 60 puts @ 1.10. Strike is below the Oct-Nov 2016 lows.

Taking IWM off

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.

Closing GRMN

#Earnings trade from yesterday
Bought to close $GRMN Aug 4 46.50 puts @ .01. Sold for .41.

$AAPL #CoveredCalls Sold $AAPL Sep…

$AAPL #CoveredCalls
Sold $AAPL Sep 15 165 calls @ 1.62

VMC puts

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

$AZO patience paying off

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

Replacing $AAOI

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.

$MAT straddle

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.

Closing $SNI

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

#OptionsExpiration for 7/28 Expirations: $SVXY…

#OptionsExpiration for 7/28
Expirations:
$SVXY Jul 28 40 puts
$SVXY Jul 28 47.50 puts
$SVXY Jul 28 50 puts
$TSLA Jul 28 245 puts
$TWLO Jul 28 30 calls (covered)
$UVXY1 Jul 28 20 calls (pre-split strike)

Assignments:
$HES Jul 28 49 puts
$HES Jul 28 43.50 calls
This was an inverted strangle that had been rolled/adjusted to bring in premium. The goal was for the stock to finish between the strikes and have both sides assigned and zero each other out.

Have a great weekend everyone.

SVXY puts

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

$SPX $SPY Bearish engulfing

Be careful.

IWM calls

Looking for a little more air to come out of this.
Sold $IWM Aug 18 144 calls @ 1.00.
Strike price is above the all-time intraday high from Thursday.

#OptionsExpiration for 7/21 Expirations: $AMZN…

#OptionsExpiration for 7/21
Expirations:
$AMZN Jul 21 960 puts
$AMZN Jul 21 915 puts
$DRIP Jul 21 28 calls
$DRIP Jul 21 30 calls
$NFLX Jul 21 190 calls
$NFLX Jul 21 195 calls
$NVDA Jul 21 170 calls
$NVDA Jul 21 140 puts
$QQQ Jul 21 134.50 puts
$QQQ Jul 21 135.00 puts
$SVXY Jul 21 45 puts
$SVXY Jul 21 72.50 puts
$TSLA Jul 21 290 puts
$UAA Jul 21 25 calls (covered)
$ULTA Jul 21 260 calls
$UNH Jul 21 177.50 puts (covered)
$UVXY1 Jul 21 32 calls (pre-split)

Assignments:
$HD Jul 21 155 puts (covered)—will eliminate short stock position

Have a great weekend everyone.

Closing $SWIR

To avoid assignment today if the stock closes below 30.
Bought to close $SWIR Jul 21 30 puts @ .45. Sold for 1.60 on 6/19.

$CMG #FallingKnife Sold $CMG Jan…

$CMG #FallingKnife
Sold $CMG Jan 19 2018 275 put @ 5.70.
Adding to a put ladder which is now Aug 355, Dec 350, Jan 275

Closing Aug DRIP

Because of the lack of liquidity in these options, I usually expect that they’ll go all the way to expiration, but there’s a relatively tighter bid/ask spread in this contract (I use the term loosely for this underlying) so I was able to get out for around 85% of the the max profit. Still have positions in July, Sep and Dec.
Bought to close $DRIP Aug 18 35 calls @ .22. Sold for 1.61-1.64 on 6/21.

$GWW #FallingKnife Adding to December…

$GWW #FallingKnife
Adding to December at a lower strike.
Sold $GWW Dec 15 130 put @ 2.10.

$AMZN #CoveredCalls Sold $AMZN Aug…

$AMZN #CoveredCalls
Sold $AMZN Aug 18 1130 call @ 5.20

Reducing SVXY exposure

I’m only doing this to trim back position size which had gotten too big during the volatility a few weeks ago. Taking these off at a good profit % and making room to sell more on the next volatility spike.
Bought to close:
$SVXY Aug 4 42.50 puts @ .09 Sold for .53 on 7/6
$SVXY Aug 4 45.00 puts @ .05 Sold for .70 on 7/6
$SVXY Aug 4 47.50 puts @ .12 Sold for .73 on 7/5
$SVXY Aug 4 50.00 puts @ .12 Sold for .75 on 6/27
$SVXY Aug 11 42.50 puts @ .10 Sold for .60 on 7/6
$SVXY Aug 18 35.00 puts @ .08 Sold for .53 on 6/29
$SVXY Aug 18 37.50 puts @ .15 Sold for .62 on 5/31
$SVXY Aug 18 40.00 puts @ .17 Sold for .70 on 5/31
$SVXY Aug 18 42.50 puts @ .21 Sold for .90 on 5/31
$SVXY Aug 18 45.00 puts @ .27 Sold for 1.25 on 6/15
$SVXY Sep 15 27.50 puts @ .18 Sold for .80 on 3/23
#VXXGame

#OptionsExpiration for 7/14 $SVXY Jul…

#OptionsExpiration for 7/14
$SVXY Jul 14 85 puts
$SVXY Jul 14 90 puts
$SVXY Jul 14 120 puts
$UVXY Jul 14 20 calls

No assignments.

$SVXY calls

Sold $SVXY Jan 18 2019 330 call for 9.40. Following Iceman.

SVXY call

Following Iceman.
Sold $SVXY Jan 18 2019 330 call @ 8.50.

#OptionsExpiration for Jul 7 $SVXY…

#OptionsExpiration for Jul 7
$SVXY Jul 7 113 puts
$SVXY Jul 7 114 puts
$SVXY Jul 7 114.5 puts
$UVXY Jul 7 13 calls

No assignments. If the rally continues into next week I’m going to look to take off some short SVXY puts at good profit %’s to reduce a bit of exposure. I have a feeling the volatility will be back soon.

DRIP adding in Sep

At the highest strike
Sold $DRIP Sep 40 call @ 2.00

Adding DRIP in Sep

New highest strike (at least new to me–it was added a week or two ago).
Sold $DRIP Sep 15 40 call @ 1.35.

SJM adding

I took the original Iceman #FallingKnife trade (Jan 105 puts) last week. With the continued move down, I sold a lower strike in January.
Sold $SJM Jan 19 2018 100 put @ 1.50

SVXY Sold these near the open

$SVXY Aug 18 85 put @ 1.70
$SVXY Aug 11 85 put @ 1.20
$SVXY Jul 28 100 put @ 1.35
$SVXY Jul 14 120 put @ 1.30

Adding DRIP in December

New highest strike so I’m throwing one out there to get it on the books.
Sold $DRIP Dec 15 40 call @ 2.80.

#contangoetfs, #shortcalls

Closing some NUGT

$NUGT Bought to close Sep 15 58 calls @ .44. Sold for 2.60 on 5/22.

#OptionsExpiration for 6/30 $NVDA 06/30/2017…

#OptionsExpiration for 6/30
$NVDA 06/30/2017 141 puts
$SVXY 06/30/2017 102 puts
$SVXY 06/30/2017 145 puts
$SVXY 06/30/2017 148 puts

Have a great weekend everyone.

ILMN puts

Not much of a #FallingKnife, more like a stumbling knife, but I like to have short premium in this stock whenever the opportunities arise. So…

Sold $ILMN Jan 19 115 puts @ 2.00 with the stock at 173.89

Strike price is below the 3 1/2 year low in the stock (119.37 in December ’16)

Lightening up on ALXN

I got pretty heavy in short puts during the big swoon in May. Taking a couple of positions off for a good profit, just to reduce a bit of exposure.
Bought to close:
$ALXN Aug 18 95 put @ .45. Sold for 2.60 on 3/9.
$ALXN Nov 17 80 put @ .90. Sold for 3.40 on 5/24.
My remaining positions:
Nov 70 puts
Jan 85 puts
Jan 60 puts

$DIA #CoveredPuts Sold these against…

$DIA #CoveredPuts
Sold these against more short position in this ticker:
$DIA Aug 18 205 puts @ 1.56.

SVXY puts

Sold:
$SVXY Sep 15 65 puts @ 1.30
$SVXY Dec 15 50 puts @ 1.40

$SPLS going private

Stock up almost 9%

TWLO #CoveredCalls Sold $TWLO Jul…

TWLO #CoveredCalls
Sold $TWLO Jul 28 30 calls @ 1.30

Closing #VXXGame trades I’m gonna…

Closing #VXXGame trades
I’m gonna start peeling these off if they get down to .05 or less to close and more than a week to go until expiration.
Bought to close $SVXY Jul 7 95 puts @ .04. Sold for 1.20 on 6/12.

Adding some VXX

Sold $VXX Dec 15 33 calls @ .46. Highest strike in Dec.

A couple of volatility trades

Sold $UVXY Dec 15 37 calls@ 1.20. Highest strike.
Sold $SVXY Aug 4 100 puts @ 1.50.

SWKS puts

$SWKS Sold Jul 21 93 puts @ 1.55 with the stock at 98.59

#OptionsExpiration for 6/23 $SVXY 06/23/2017…

#OptionsExpiration for 6/23
$SVXY 06/23/2017 80 puts
$SVXY 06/23/2017 85 puts
$SVXY 06/23/2017 115 puts

Have a great weekend.

Closing July DUST

Getting out of these for .05 or less a month early
Bought to close:
$DUST Jul 21 50 calls @ .05. Sold for 2.50 on 4/27.
$DUST Jul 21 52 calls @ .02. Sold for 2.85 on 5/4.

NUGT adding

Sold $NUGT Aug 18 45 calls @ 1.25. Adding to position at the highest strike.

COST calls

Sold $COST 7/21 165 calls @ 1.57, to bring in premium against the 160 puts I sold last week.

TSLA strangle

Borrowed an idea from one of the TastyTraders.
Sold $TSLA Jul 21 325/430 strangle @ 5.40

Adding some Aug DRIP

Sold $DRIP Aug 18 35 calls @ 1.61 and 1.64. Highest strike.

NUGT Aug

Sold $NUGT Aug 18 45 calls @ .90. Highest strike.

CMG adding

Sold $CMG Aug 18 355 puts @ 2.50. Lowest strike.

IWM put rollup

$IWM Rolled July 134 puts up to 137 puts for .44 credit. This is the put side of a strangle with 140 calls. Original position was 130/140, then rolled to 134/140, and now it’s 137/140.

#OptionsExpiration for 6/16 $AAOI 06/16/2017…

#OptionsExpiration for 6/16
$AAOI 06/16/2017 55 puts
$AMZN 06/16/2017 1020 calls (covered)
$DUST 06/16/2017 65 calls
$NVDA 06/16/2017 170 calls
$NVDA 06/16/2017 162.50 calls
$QQQ 06/16/2017 132 puts
$QQQ 06/16/2017 133 puts
$SVXY 06/16/2017 175 calls
$SVXY 06/16/2017 68 puts
$SVXY 06/16/2017 85 puts
$SVXY 06/16/2017 90 puts
$SVXY 06/16/2017 95 puts
$SVXY 06/16/2017 125 puts
$SVXY 06/16/2017 130 puts
$TSLA 06/16/2017 300 puts
$TWLO 06/16/2017 23 puts

No assignments.

Have a great weekend everyone.

COST July

Sold $COST Jul 21 160 puts @ 1.32

Getting out of the zone

Well at least some of it.
Bought to close $AZO 7/21 550 put @ 1.30. Sold for 4.50 on 5/23.
Taking my 70%+ profit and freeing up some margin. Still short Sep 480 and Dec 500.

#earnings, #shortstrangles

More DRIPping

Adding to highest strike at a higher premium
Sold $DRIP 9/15 35 call @ 2.25
Sold $DRIP 12/15 35 call @ 4.00

UVXY calls

Sold at the highest strike
$UVXY Jul 14 20 calls @ .60
$UVXY Jul 28 20 calls @ .80

$SNAP Short leash trade

Sold $SNAP Jul 21 17 puts @ .70.
Strike is below the all-time low from a couple of days ago.

SVXY puts

Sold:
$SVXY Jun 30 102 puts @ 1.10
$SVXY Jul 7 95 puts @ 1.20

NVDA puts

Sold in 2 IRA accounts:
$NVDA Jul 21 130 puts @ 2.40. If this continues down and I get assigned I will hold it long term with a cost basis of 127.60.

$SVXY Jul 14

Sold $SVXY Jul 14 85 puts @ 1.05