#OptionsExpiration for Jan 6
$CMG 01/06/2017 370 puts
$DUST 01/06/2017 85 calls
$UVXY 01/06/2017 20 calls
No assignments.
Have a great weekend.
Author Archives: Ramie
AMZN #CoveredCalls Sold $AMZN Feb…
AMZN #CoveredCalls
Sold $AMZN Feb 17 870 call @ 5.00
Closing BOIL
Bought to close $BOIL Mar 17 30 calls @ .20. Sold for 1.25 on 12/9. Shutting this down about 2 1/2 months early, about 85% max profit.
Adding to Jan 2018 position
Sold $SVXY Jan 19 2018 190 call @ 6.00. Adds to position I put on this morning at more than $1 better premium.
SVXY call
Sold Jan 19 2018 190 call @ 4.78. Highest strike.
#OptionsExpiration for Dec 30 All…
#OptionsExpiration for Dec 30
All of the following expired:
$DUST 12/30/2016 85.00 calls
$DUST 12/30/2016 60.00 calls
$UNH 12/30/2016 145.00 puts
$UVXY 12/30/2016 26.00 calls
$UVXY 12/30/2016 20.50 calls
$RUT 12/30/2016 1400.00 calls
No assignments this week.
Have a Happy New Year!
Hedging NFLX
Sold $NFLX Feb 17 160 calls @ 1.15. Selling these against some short puts I have in Feb.
#OptionsExpiration for Dec 23 Expiring:…
#OptionsExpiration for Dec 23
Expiring:
$CYBR 12/23/2016 55 calls (covered)
$DUST 12/23/2016 80 calls
$DUST 12/23/2016 85 calls
$UVXY 12/23/2016 30.50 calls
Assignments:
$DVN 12/23/2016 42 calls (stock being called away)
Happy holidays everyone!
DUST call in Feb
Sold $DUST highest strike 107 call @ 6.00
#OptionsExpiration for Dec monthly Expiring:…
#OptionsExpiration for Dec monthly
Expiring:
$AMZN 12/16/2016 700.00 puts
$AMZN 12/16/2016 730.00 puts
$DIA 12/16/2016 167.00 puts
$DUST 12/16/2016 70.00 calls
$DUST 12/16/2016 90.00 calls
$NKE 12/16/2016 47.50 puts
$NUGT 12/16/2016 10.00 calls
$NUGT 12/16/2016 10.20 calls
$NUGT 12/16/2016 10.40 calls
$NUGT 12/16/2016 11.00 calls
$SVXY 12/16/2016 45.00 puts
$SVXY 12/16/2016 61.00 puts
$SVXY 12/16/2016 68.00 puts
$TWLO 12/16/2016 34.00 calls (covered)
$TWTR 12/16/2016 19.00 calls (covered)
$UVXY 12/16/2016 35.00 calls
$UVXY 12/16/2016 55.00 calls
$WHR 12/16/2016 140.00 puts
$WYNN 12/16/2016 80.00 puts
Assignments (stock being called away):
$SVXY 12/16/2016 65.00 calls
$SVXY 12/16/2016 70.00 calls
$SVXY 12/16/2016 71.00 calls
$SVXY 12/16/2016 75.00 calls
$SVXY 12/16/2016 80.00 calls
Hope you all have a relaxing weekend.
Closing DUST
Bought to close $DUST Dec 16 67 calls for .70 to avoid assignment. Sold for 2.36 on 11/10.
Closing PANW
Taking this position off for a small profit, with the stock at 129.12 to avoid assignment.
Bought to close $PANW 12/16 130 puts @ 1.00. Sold for 1.50 on 11/22.
DUST roll
Rolled $DUST Dec 16 60 calls up and out to Jan 70 calls for 2.36 credit.
SVXY Roll
Rolled today’s 85 covered calls out to Jan 20 90 calls for 1.50 credit.
Gold looks to be recovering a bit
/GC bouncing off its lows for the last 2 hours or so. Some air coming out of $DUST but watching closely. I’ll likely have to roll my 60 calls for tomorrow’s expiration. But I may dodge a bullet on the 67, 70 and 90 calls. We’ll see.
Adding to Jan DUST
Sold $DUST Jan 20 90 call @ 5.00. New highest strike.
DUST calls
I have no positions on in this weekly so I sold these at the highest strike available.
Sold $DUST Jan 13 75 calls @ 3.00.
#OptionsExpiration for Dec 9 Expiring:…
#OptionsExpiration for Dec 9
Expiring:
$DUST 12/09/2016 60.00 calls
$NUGT 12/09/2016 24.00 calls
$UVXY 12/09/2016 30.50 calls
No assignments this week.
SVXY puts
Following Iceman from Tuesday. Sold $SVXY Dec 16 68 puts @ .30.
Closing LULU
Closed out rolled positions profitably on the recovery this morning:
Bought to close $LULU Dec 16 65 puts @ .45 (sold for 7.70 on 10/28, overall profit 1.51)
Bought to close $LULU Dec 16 70 puts @ 1.65 (sold for 13.22 on 10/21, overall profit .60)
I also sold my stock at 70.62 which I acquired on assignment at a cost basis of 68.68.
This was a big loser on the books for a couple of months. Glad to be out of it.
MDLZ–borrowed an idea from TastyTrade
Sold $MDLZ Jan 20 38/44 strangles for 1.05. Earnings not expected until after opex.
Hungry for more Chipotle
Sold $CMG Jan 20 330 put @ 5.39
GILD
Sold $GILD May 19 60 puts @ 1.38 with the stock at 72.11.
#OptionsExpiration for Dec 2 $DUST…
#OptionsExpiration for Dec 2
$DUST 12/02/2016 60 calls
$NUGT 12/02/2016 21 calls
Will be very interested in the futures on Sunday evening.
Have a great weekend everyone.
$NFLX power move into the…
$NFLX power move into the close
SVXY reducing some risk
Normally I’d let these expire but I have a large position in December and I thought it prudent to reduce some risk going into this weekend.
Bought to close $SVXY Dec 16 45 puts for .15 (sold for 2.70 and 2.00)
Bought to close $SVXY Dec 16 42 puts for .10 (sold for 2.50)
Bought to close $SVXY Dec 16 40 puts @ .10 (sold for 2.35)
Bought to close $SVXY Dec 16 38 puts @ .10 (sold for 2.25)
Adding to REGN position
Sold $REGN Jan 20 320 put @ 5.00
Getting back into SWKS
I love selling puts on this stock. I may be a bit early but I wanted to get an initial position on. This is a stock I wouldn’t mind owning.
Sold $SWKS Jan 20 65 puts @ 1.10. Delta is 19, and strike is below the recent September low. Earnings not expected until early Feb.
UVXY March
#VXXGame Sold $UVXY Mar 17 2017 35 calls @ 1.10
AMZN puts
Sold $AMZN Dec 16 700 puts @ 3.00
DUST calls
Sold $DUST Dec 23 85 calls @ 1.50. Highest strike.
SVXY/UVXY
52 week high in SVXY, 52 week/all-time low in UVXY.
#VXXGame
MNK puts
Post-earnings move down this morning. Sold $MNK Jan 20 45 puts @ 1.70. Delta is 22. If assigned in January it would be at a 4 year low for the stock.
#OptionsExpiration for 11/25 Only 2…
#OptionsExpiration for 11/25
Only 2 today:
$DUST 11/25/2016 70 calls
$UVXY 11/25/2016 35 calls
No assignments.
Have a great rest of your long weekend everyone.
Feb DUST
My first sale in Feb. Sold $DUST Feb 17 75 call @ 8.60. Starter position at the highest strike.
Closing FB
Closed for most of the max profit. With around 85% of the profit in a week, no sense waiting around over a month for the last 15% . Bought to close $FB Dec 30 105 puts @ .22 (sold for 1.60 on 11/14).
Closing this week’s NUGT strangle roll
Got a little lucky with this one since it stayed mostly in a narrow range between my short strikes the whole time the trade has been on. Bought to close $NUGT Nov 25 8/10 strangles for .15. Sold for 1.41 on 11/11 as a rollout from an expiring in the money 11 put. Able to close the position for an overall profit.
PANW puts
On the big post-earnings drop, sold $PANW Jan 20 125 puts @ 2.00
#OptionsExpiration for Nov 18 Expiring:…
#OptionsExpiration for Nov 18
Expiring:
$AAPL 11/18/2016 120.00 calls (covered)
$AMZN 11/18/2016 700.00 puts
$CAT 11/18/2016 77.50 puts (covered)
$CMG 11/18/2016 350.00 puts
$DUST 11/18/2016 55.00 calls
$DUST 11/18/2016 60.00 calls
$DUST 11/18/2016 70.00 calls
$FIT 11/18/2016 15.00 calls (covered)
$HAIN 11/18/2016 60.00 calls (covered)
$NFLX 11/18/2016 130.00 calls
$NFLX 11/18/2016 135.00 calls
$NUGT 11/18/2016 30.00 calls
$SPY 11/18/2016 226.00 calls
$SVXY 11/18/2016 50.00 puts
$SVXY 11/18/2016 65.00 puts
$TWTR 11/18/2016 19.00 calls (covered)
$TWTR 11/18/2016 26.00 calls (covered)
$UVXY 11/18/2016 41.00 calls
Assignments—going long stock
$CEMP 11/18/2016 15.00 puts
$DPLO 11/18/2016 22.50 puts
Assignments—stock being called away
$APA 11/18/2016 61.00 calls
$WLL 11/18/2016 9.00 calls
Rolling UA
Rolled $UA Nov 18 35 puts out to Jan 20 35 puts for .75 credit.
MCK rollout
Rolled $MCK Nov 18 145 puts down and out to Jan 20 140 puts for 1.40 credit with the stock at 140.33. Getting some more time and more room.
Closing CRI
Bought to close $CRI Dec 16 80 puts @ .20. Sold for 1.35 on 9/27.
More DUST Dec calls
Sold $DUST Dec 16 90 calls @ 1.30. Highest strike.
And…..another all time low in UVXY
Now trading under 12.50
Closing IBB
Bought to close $IBB Dec 16 250 put @ 1.00. Sold for 4.64 on 10/11. Taking my 80% max profit off the table before anything crazy happens. I am now completely out of IBB. Will look for a new entry when it presents itself.
FB puts
Sold $FB Dec 30 (weekly) 105 puts @ 1.60. Delta 21.
#OptionsExpiration for Nov 11 $NUGT…
#OptionsExpiration for Nov 11
$NUGT 11/11/2016 16.00 calls
$SVXY 11/11/2016 85.00 calls
$SVXY 11/11/2016 48.00 puts
$SVXY 11/11/2016 49.00 puts
$SVXY 11/11/2016 50.00 puts
$SVXY 11/11/2016 59.00 puts
$UVXY 11/11/2016 35.00 calls
What a week it was. At one point Tuesday night with Dow futures down 800, I thought we’d be selling premium Wednesday until our hands bled. But it wasn’t to be. Who can predict the markets? Who can predict anything?
Have a great weekend.
Closing NUGT
Starting to take off December positions.
Bought to close $NUGT Dec 16 21 calls @ .15. Sold for 3.95 on 8/30.
Adding DUST calls
Sold $DUST Nov 25 70 calls @ 1.20. Highest strike.
NUGT roll
Rolled today’s in the money $NUGT 11 puts out 2 weeks to a 8/10 strangle (11/25 expiration) for .15 credit.
DUST adding to Dec
Sold $DUST Dec 16 67 calls @ 2.36
Closing CMG
Bought to close $CMG Dec 16 355 puts @ 4.40. Sold for 14.13 (as a rollout) on 11/1. This position was rolled twice, and today’s big move up allowed me to close it for an overall profit.
DUST calls
Sold $DUST Dec 2 60 calls @ 1.00. Highest strike.
Adjusting TLT calls
Rolled $TLT Dec 16 136 calls down and out to Dec 23 130 calls for .75. These are sold against my in the money Dec 136 puts which have gotten hammered today.
DUST calls
Sold $DUST Dec 9 (weekly) 60 calls @ 2.00. Highest strike.
Closing LUV
Bought to close $LUV Nov 18 35 puts @ .05. Sold for .40 on 10/26.
#OptionsExpiration for 11/4 Only 2…
#OptionsExpiration for 11/4
Only 2 expirations this week and no assignments:
$DUST 11/04/2016 50.00 calls
$UVXY 11/04/2016 29.00 calls
Next week should be a wild one. Looking forward to witnessing how the market reacts to either outcome on Tuesday.
Have a great weekend everyone.
Closing FB
Getting out of this #Earnings trade for most of max profit, guarding against a possible afternoon swoon that could take this thing back in the money.
Bought to close $FB Nov 4 120 puts @ .11. Sold for .67 on 11/2.
WYNN puts
Sold $WYNN Dec 16 80 puts @ 1.90
CMI puts
Sold $CMI Dec 16 110 puts @ 1.30. If the stock has another 10% of downside between now and expiration I’ll take it and go long at 108.70 in December.
$FB #Earnings Sold $FB Nov…
$FB #Earnings
Sold $FB Nov 4 120 puts @ .67
NUGT calls
Selling more upside calls on the move up. Sold $NUGT Jan 20 30 calls @ 1.15.
#VXXGame trades Sold $UVXY Nov…
#VXXGame trades
Sold $UVXY Nov 18 41 calls @ .30
Sold $SVXY Jan 20 40 puts @ 1.35
Closing ILMN
Taking this position off for about 55% max profit before earnings after the close today.
Bought to close $ILMN Dec 16 110 puts @ .55. Sold for 1.25 on 10/12.
NUGT calls
Sold $NUGT Dec 9 24 calls @ .50
$TLT rollout
With previous rolls and adjustments I ended up with a Nov 136 straddle. I am rolling that full position out to December and bringing in additional premium (1.08 credit).
Bought to close $TLT Nov 18 136 straddle @ 5.86
Sold to open $TLT Dec 18 136 straddle @ 6.94
#OptionsExpiration for Oct 28 Expiring:…
#OptionsExpiration for Oct 28
Expiring:
$CMG 10/28/2016 352.50 puts
$DUST 10/28/2016 50.00 calls
No assignments this week.
Have a great weekend everyone.
LULU rollout
Rolled $LULU Oct 28 66 puts down 1 strike and out to Dec 16 65 puts for .20 credit. Extending duration on this trade.
Adding SVXY puts in 2017
Sold $SVXY Mar 17 2017 35 puts @ 1.60
Sold $SVXY Jun 16 2017 30 puts @ 1.50
UVXY calls
Sold $UVXY Nov 25 35 calls (highest strike) for .49
AMZN puts
#ShortPuts Sold $AMZN Nov 18 700 puts @ 1.30
DIA strangle
Borrowing a trade from TastyTrade/Dough.
Sold $DIA Dec 18 167/186 strangle @ 2.00. Net short delta because it’s skewed to the downside with DIA at 181.77.
DUST calls for next week
Borrowing an idea from Jeff, from yesterday, I sold $DUST Nov 4 50 calls @ 1.00.
UA roll
Extending duration on another earnings trade gone bad. Rolled $UA Oct 28 35 puts out to Nov 18 (same strike) for .20 credit.
CMG roll
This one obviously did not bounce so I rolled down and out. Rolled $CMG Oct 28 370 puts out to Nov 18 360 puts for 2.05 credit.
Options Bistro 