Sold $LH Aug 18 105 puts @ 1.40
Author Archives: Ramie
NUGT calls
Sold $NUGT Mar 24 17.50 calls @ .65
#OptionsExpiration for 2/3 Only 2…
#OptionsExpiration for 2/3
Only 2 expirations:
$CYBR 02/03/2016 53.50 puts
$TWLO 02/03/2016 30.00 puts
No assignments.
PSX #FallingKnife Sold $PSX Aug…
PSX #FallingKnife
Sold $PSX Aug 18 65 puts @ 1.35
AMZN put
Sold $AMZN Mar 17 750 put @ 5.70
RL adding
Sold $RL Apr 21 70 puts @ 1.80.
I put on Jul 60 puts this morning so I know have a small ladder in this name.
CVS puts–#FallingKnife
Sold $CVS Jul 21 65 puts @ 1.44
RL puts
Sold $RL Jul 21 60 puts @ 1.30.
#FallingKnife
Took off FB earnings trade
Bought to close $FB Feb 17 125/140 strangles for .65. Sold yesterday for 2.50.
#Earnings
NUGT calls
Sold $NUGT Apr 21 20 calls @ .76. Highest strike in April.
$FB #Earnings Sold Feb 17…
$FB #Earnings
Sold Feb 17 125/140 strangle for 2.50. Using the monthly expiration to get some more premium.
SVXY puts
Sold $SVXY Mar 3 80 puts @ 1.25
UVXY calls
I was a bit early on these it looks like.
Sold $UVXY Mar 17 60 calls @ 1.00
Sold $UVXY Jun 16 60 calls @ 4.00
Highest strike.
#VXXGame
#OptionsExpiration for 1/27 $NUGT 01/27/2017…
#OptionsExpiration for 1/27
$NUGT 01/27/2017 12.00 calls
$UVXY 01/27/2017 40.50 calls
No assignments.
Have a great weekend everyone.
Selling WHR puts
$WHR #ShortPuts Looking to start a ladder in this. My first sale is Mar 17 150 puts @ 1.00.
DUST–closing early
Bought to close $DUST Feb 17 107 call @ .03. Sold for 6.00 on 12/20. I’m sure this would expire in a few weeks but it seems crazy to keep it open for .05 or less. I’m still short some 75 calls in Feb as well, which are almost worthless–those may be next.
Closing STZ
Bought to close $STZ Feb 17 135 puts @ .25. Sold for 1.30 on 1/5 (thanks again @vxxkelly).
Taking my 80% of available profit off the table.
SVXY call
Sold Jan 19 2018 220 call @ 5.00. 220 is now the highest strike.
NUGT calls
Borrowing an idea from @optioniceman from Friday.
Sold $NUGT Jan 27 12.00 calls @ .23 for this week’s expiration.
#ShortCalls
#OptionsExpiration for Jan 20 A…
#OptionsExpiration for Jan 20
A big one for me this month
Expiring:
$AET 01/20/2017 145 calls
$AET 01/20/2017 115 puts
$AMGN 01/20/2017 120 puts
$CMG 01/20/2017 330 puts
$DUST 01/20/2017 60 calls
$DUST 01/20/2017 70 calls
$DUST 01/20/2017 85 calls
$DUST 01/20/2017 90 calls
$DUST 01/20/2017 107 calls
$ESRX 01/20/2017 60 puts
$MRK 01/20/2017 140 puts
$MDLZ 01/20/2017 38 puts
$MNK 01/20/2017 45 puts
$MNST 01/20/2017 36.67 puts
$MYL 01/20/2017 35 puts
$NUGT 01/20/2017 15 calls
$NUGT 01/20/2017 21 calls
$NUGT 01/20/2017 24 calls
$NUGT 01/20/2017 30 calls
$NUGT 01/20/2017 37 calls
$NUGT 01/20/2017 50 calls
$PANW 01/20/2017 125 puts
$REGN 01/20/2017 320 puts
$REGN 01/20/2017 350 puts
$REGN 01/20/2017 360 puts
$SVXY 01/20/2017 30 puts
$SVXY 01/20/2017 35 puts
$SVXY 01/20/2017 40 puts
$SVXY 01/20/2017 45 puts
$SVXY 01/20/2017 60 puts
$SVXY 01/20/2017 75 puts
$UVXY3 01/20/2017 56 calls
$UVXY3 01/20/2017 60 calls
$WHR 01/20/2017 120 puts
$AAPL 01/20/2017 120 calls (covered)–stock pinned at the strike. This may either expire or get called away.
$MBLY 01/20/2017 44 calls (covered)
$NOV 01/20/2017 40 calls (covered)
$SWN 01/20/2017 14 calls (covered)
$TWLO 01/20/2017 32 calls (covered)
Assignments
Stock being called away:
$LLY 01/20/2017 72.50 calls (covered)
$SVXY 01/20/2017 90 calls (covered)
Will be going long stock:
$UAA 01/20/2017 30 puts
Have a great weekend everyone.
Closing NUGT calls
#ShortCalls Closed this position to avoid assignment today. This was a rollout from deep deep deep in the money calls and had to be rolled several times (the last time when NUGT was around 33!) Obviously glad to be out of this one for an ultimate profit and glad to be out of the other out of the money short NUGT calls that will be expiring today.
Bought to close $NUGT Jan 20 9.00 calls @ 1.36. Sold for 24.30 as a rollout on 8/3/16.
Closing MYL
Bought to close $MYL Jan 20 38 puts for 1.20. Taking the opportunity for a small profit (sold for 1.35 in August) with the stock still in the money at 36.84 a day before expiration.
Closing SWKS
$SWKS Taking this one off before earnings tonight. No sense holding for .03.
Bought to close $SWKS Jan 20 65 puts @ .03. Sold for 1.10 on 12/1.
CAT puts
#CoveredPuts Sold $CAT Mar 3 87 puts @ 1.06, against short stock I was assigned early overnight.
PVH puts
Sold $PVH Mar 17 80 puts @ 1.30. If it goes down another 11% I’ll take the stock at 78.70.
#FallingKnife
SVXY puts
Finally, get to sell some $SVXY puts. Starting small.
Sold $SVXY Feb 17 75 puts @ 1.45.
#VXXGame
UVXY closing positions before the split
Reverse split 1:5 happening tomorrow so I’m taking off some March positions near full profit just in case liquidity dries up in the pre-split options.
Bought to close $UVXY Mar 17 60 calls @ .08 (sold for 8.25 in Aug, 3.40 in Sep, 2.40 in Nov)
Bought to close $UVXY Mar 17 35 calls @ .20 (sold for 1.10 in Dec)
#VXXGame
Closing CMG
Bought to close $CMG Mar 17 275 put @ .30. Sold for 4.25 on 12/6.
#OptionsExpiration for Jan 6 $CMG…
#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.
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.
Options Bistro 