Greetings everyone. Hope everyone is making it through this downdraft ok. My accounts have seen better times, but I’m still weathering the storm thus far. New contributor and really enjoy the site and learning about the #vxxgame in particular.
Current vxx positions all small. Some positions have been on a while.
Short Jan5 82 calls @1.05
Short Feb1 25 puts @.80
Short Feb ’16 21 puts @.76
Short Feb ’16 22 puts @.66
Short Jan ’17 170 calls @11.75 (underwater currently)
Closed Short SVXY 35 puts today @4.30 Originally sold @1.10 (Will look to roll these somewhere in the coming days)
Gold Miner positions:
DUST-Short Feb ’16 10 puts @.63
DUST-Short Feb ’16 34 calls @.65
DUST-Short March ’16 40 calls @1.25 (Got this idea from Bistro-thanks!)
NUGT-I was burned on some short 19 puts that I put on when it was pushing above 27. Will look to roll somewhere soon.
I put on ES future options spread last night around 9est. I tend to use these to hedge or in place of SPX Spreads during Vol markets.
Feb ’16 1800/1780 put spread bought @4.75 and sold at 6.75 before lunch. (Lucky to get out before the big reversal)
Also short some WMT Jan ’17 50 puts @2.13 back in early December. (Gave back a lot of profit on this in the last 13 days)
I have some XLE calendars I’ve been playing for months and also tend to day trade SPY options a few times a week.
I use daily and weekly options trade alerts to watch the big dogs to help determine direction and large bets in individual names.