Rolling this week’s puts up to 30 delta strike for more premium.
Bought to close $NFLX Nov 20 100 puts @ .25 (sold for 1.20 on 10/30/15)
Sold to open $NFLX Nov 20 108 puts @ 1.27
Credit: 1.02
Author Archives: Ramie
$NFLX Short Puts
Selling some additional premium to offset short call exposure.
Sold $NFLX Dec 4 (weekly) 100 puts @ 1.55
Options Expiration 11/13/15
A light week this week:
Expiring
$SPX 11/13/2015 2120/2145 call spreads
$SPX 11/13/2015 2140/2165 call spreads
$SVXY 11/13/2015 65 calls (covered)
Have a great weekend everyone.
NFLX
$NFLX breaking below 105, rapidly heading toward the 50 day moving average. Will be interested to see what happens into the close today.
$VIX Futures
Front 2 months of the futures are in backwardation again. Not sure how much longer it will last but something to note for volatility sellers.
www.vixcentral.com
$UA Short Puts
On the huge move down this morning, I’m throwing this one out there, taking a chance that the stock won’t be below the 8/24 market panic low at December expiration.
Sold $UA Dec 18 80 puts @ 1.55.
Delta is 23.
IV rank for $UA is currently in the 70th percentile.
Options have pretty good liquidity.
$NFLX short puts
Selling some premium to offset short call exposure. Sold $NFLX Nov 27 (weekly) 100 puts @ 1.25.
ZSL May call
#ContangoETFs Sold $ZSL May 20 2016 180 call @ 6.50. Highest strike in May.
$UVXY calls
Sold Dec 18 70 calls @ 1.08. Taking advantage of the move down in the market to get some positions in December.
ZSL Dec calls
Sold the highest strike in December. $ZSL 155 calls @ 1.40.
$SVXY puts
#VXXGame Using today’s pullback to add positions in a weekly where I didn’t have any.
Sold $SVXY Dec 4 (weekly) 50 put @ 1.55.
Options Bistro 