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.
Author Archives: Ramie
#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.
Short Puts on LUV
$LUV Getting creamed post-earnings. I wouldn’t mind owning this under 35. Sold $LUV Nov 18 35 puts @ .40.
Adding CMG puts
Sold $CMG Nov 18 350 puts @ 2.65. Will look to manage this week’s 370 puts when the bounce comes (hopefully while the options are still out of the money!)
More puts on ILMN
I think this one has earned the #FallingKnife tag.
Sold $ILMN Mar 17 2017 95 puts @ 1.45.
NUGT calls
Sold $NUGT Dec 2 (weekly) 21 calls @ .65
WHR puts
On the post-earnings move down, sold $WHR Dec 16 140 puts @ 1.30
$UA #Earnings Putting one on…
$UA #Earnings
Putting one on for tomorrow’s pre-market report.
Sold $UA Oct 28 35 puts @ .45.
DUST calls for this week
Sold $DUST Oct 28 50 calls @ .35.
Selling puts on $COL
Sold $COL Dec 16 75 puts @ 1.20, on the big move down following the $BEAV acquisition announcement. Strike is below the stock’s 2 year low. I’ll go long at 73.80 if it dips further by December.
AMZN #Covered Calls Sold $AMZN…
AMZN #Covered Calls
Sold $AMZN Jan 20 2017 950 call @ 8.30
$DUST Dec calls
Sold $DUST Dec 16 70 calls @ 2.00. Highest strike.
#OptionsExpiration for 10/21 Expirations: $AMZN…
#OptionsExpiration for 10/21
Expirations:
$AMZN 10/21/2016 860.00 calls (covered)
$APA 10/21/2016 62.50 calls (covered)
$CYBR 10/21/2016 55.00 calls (covered)
$DUST 10/21/2016 60.00 calls
$DUST 10/21/2016 32.0 puts
$DUST 10/21/2016 34.50 puts
$DUST 10/21/2016 35.50 puts
$FIT 10/21/2016 15.00 calls (covered)
$MBLY 10/21/2016 44.00 calls (covered)
$SVXY 10/21/2016 60.00 puts
$SWN 10/21/2016 14.00 calls (covered)
$TWTR 10/21/2016 19.00 calls (covered)
$UVXY 10/21/2016 27.00 calls
$UVXY 10/21/2016 55.00 calls
$WFM 10/21/2016 27.00 calls
$WHR 10/21/2016 150.00 puts
$X 10/21/2016 20.00 calls (covered)
Assignments:
$DVN 10/21/2016 40.00 calls–long stock getting called away
$WYNN 10/21/2016 100 puts–short stock getting called away
Have a great weekend everyone.
LULU rollout
Rolled deep in the money $LULU Oct 21 70 puts out to Dec 16 70 puts for .30 credit. I will sell calls against these (and long stock I’ve been previously assigned) on any significant moves up.
Rolling TLT
Executed the following roll for .56 credit, reducing delta and bringing in more premium against short Nov 136 puts. This creates a Nov 136 straddle.
Bought to close $TLT Oct 28 136 calls @ .12 (sold for 1.00 on 10/5)
Sold to open $TLT Nov 18 136 calls @ .68
NFLX #ShortCalls Sold $NFLX Nov…
NFLX #ShortCalls
Sold $NFLX Nov 18 135 calls @ .80 and .81. Offsets Nov 130 short puts so no margin requirement.
Closing more NFLX
Taking another position off into the strength. Bought to close $NFLX Oct 21 130 puts @ 8.00. Sold for 32.20 as a rollout on 9/12.
2018 NUGT calls
$NUGT #ShortCalls Sold $NUGT Jan 19 2018 52 calls @ 2.50. Highest strike.
