Hey guy’s, got tagged with Jury duty this week, so in preparation did very little last week to put on new positions. I did have a couple of GTC orders sitting out there that got hit during the spike this afternoon.
STO Aug 25 SVXY $65 puts @ $.52, looks like I had my price set a little low
STO Aug 18 UVXY $35/$39 call spreads @ $0.50
SVXY $74 puts
SVXY $75 puts
UVXY $31/$34 call spreads
UVXY $35/$37.5 call spreads
UVXY $38 calls
UVXY $44.5 calls
Have a great weekend everyone.
AAOI #fallingknife candidate
will look to sell some puts on this today.
Non-Farm payrolls was actually pretty good, market didn’t even wiggle.
Still small expiration’s as I haven’t been an aggressive seller.
SVXY $45 puts
SVXY $52.5 puts
SVXY $80 puts
UVXY $31 calls (sold this morning)
UVXY $37.5 calls
STO Jul 28 $31 calls @ $0.65, expire today.
speculative binary trade, either expires worthless today or will have to roll it near the close.
Added a few more, still playing small. Definitely missed the peak of the spike, was in a meeting during the real chaos.
STO $SVXY Aug 4 $74 puts @ $.45
STO $SVXY Aug 11 $67.5 puts @ $.61
STO $UVXY Aug 11 $45 calls @ $.74
STO $UVXY Aug 25 $60 call @ $1.27
STO $UVXY Sep 1 $60 call @ $1.27
Someone definitely turned on a sell program @ 12 Noon Eastern. Just straight down from there.
One small trade
STO Aug 11 $50 calls @ $0.35
Added a very small position for next week.
STO $UVXY Aug 4 $38 calls @ $0.35
Light week again as there just hasn’t been opportunities to sell volatility.
SVXY $41 puts
SVXY $42.5 puts
SVXY $60 puts
UVXY 25/100 $32 calls
Made a couple more short term trades.
STO Aug 4 $44.5 calls @ $.50
STO Aug 11 $60 calls @ $.40
STO Aug 18 $65 calls @ $.60
STO $UVXY Jul 28 $37.5 calls @ $.47
STO $SVXY Jul 28 $80 puts @ $.46
New higher strikes available on the weeklies this morning.
Bought stock at $30.50 to close out short. Started climbing higher so just closed out. Actually made a little money on the whole thing.
STO Jan’19 $5 call @ $25.44, replacing the call that got exercised.
I missed that I had this position close on Tuesday.
BTC UVXY Sept 15 25/100 $60 calls @ $.05, sold for $4.00
Also, I had one of my Jan ’19 $5 short calls get executed last night, sold yesterday. So today I will try to sell another one to match up with the long $10 call or will need to close down a $10 call. I’m now short 100 shares of something that is very hard to borrow. How do I find out what the carrying cost is of being short these things?
STO Jan’19 $10/$5 call spreads @ $3.39
Looks like we still don’t have post reverse split weeklies.
STO Aug 18 $32/$27 Call spreads @ $2.30
STO Sept 15 $30/$25 Call spreads @ $2.30
Would like to have gotten $2.50. Defined risk way of playing for the continued drop in $UVXY. Using this to supplement naked positions.
#OptionsExpiration
SVXY $75 puts
SVXY $115 puts
SVXY $120 puts
UVXY $14 calls
Very small expiration. Just not getting many “good” opportunities to put on new positions combined with work travel schedule has definitely caused me to have fewer open positions.
#Fallingknife candidate
STO Jul 21 $120 puts @ $.75
STO Jul 28 $105 puts @ $.80
SVXY $90 puts
SVXY $120 puts
SVXY $130 puts
SVXY $140 puts
UVXY $17.50 calls
Have a great weekend everyone.
Been staying patient and very short term. Feels like there is more downside to come.
STO July 14 $115 puts @ $0.75, below the 4/13 low.
Taking a page from @fuzzballl
STO Jan18 $10/$5 call spreads @ $2.00. Has a great chance of closing early for near max profit and limited downside if something goes haywire.
Been gone I think 3 out of the last 4 Friday’s.
SVXY $95 puts
SVXY $102 puts
SVXY $145 puts
SVXY $148.5 puts
UVXY $ $22 calls
Have a great holiday everybody.
Kelly
STO Jul 7 $140 put @ $1.70, below yesterday’s low
STO UVXY Jul 7 $17.5 calls @ $0.32
Staying very small right now because of the downside warning. We’ll see if tomorrow brings a bounce higher into the weekend/short holiday week or not.
Pretty interesting with as weak as the #SPX has been, if you look at $VOLSPD and $VOLQD they just aren’t looking nearly as bearish as you might expect.
Late in the day yesterday, got this fill.
STO SVXY Sept $35 puts @ $0.30
STO Sept $70 puts @ $1.41
STO Jul 14 $14 calls @ $0.33
STO Sep 15 $60 puts @ $1.00
STO Jul 28 $90 puts @ $0.75
Just nibbling
Hey gang, been gone for 2 weeks again so that should end the June schedule conflicts. Now sitting in 90+% cash just letting positions continue to run off. Waiting for opportunities to pounce.
STO Aug 18 $75 put @ $1.50
#VXXGame
STO SVXY Jun 16 $110 puts @ $0.60
STO SVXY Jun 23 $97 puts @ $0.54
STO SVXY Jun 23 $90 puts @ $0.64
STO SVXY Jun 30 $95 puts @ $0.70
STO SVXY Jun 30 $102 puts @ $1.28
STO SVXY Jul 7 $90 puts @ $0.91
STO SVXY Jul 14 $75 puts @ $0.65
STO SVXY Jul 21 $82 puts @ $1.05
STO SVXY Jul 21 $85 puts @ $1.25
STO UVXY Jun 30 $22 calls @ $0.35
Some of these I was clearly “early” and could have gotten better prices had I waited.
STO Jun 16 $123 puts @ $.93
STO Jun 16 $115 puts @ $.67
That will be it for me today. Gotta board plane
A little bit of an early ball spike, but I’m about to board a plane and won’t get home until very late tonight.
SVXY $95 puts
SVXY $99 puts
SVXY $100 puts
UVXY $20 calls
UVXY $24 calls
UVXY $25 calls
UVXY $26 calls
Was on vacation last week and ended up on a short notice business trip this week, so haven’t made a trade in 2 weeks.
Getting some movement in $UVXY right now so STO June 16 $15 calls @ $0.33
Have a great weekend everyone.
SVXY $100 puts
SVXY $133.5 puts
UVXY $20 calls
My other UVXY calls were closed out early in the week or late the week before for $.02
Was on vacation last week with no market access so purposely had very few expiring positions. Hope you all had a profitable week trading or just watching Delta and Theta do the heavy lifting for you while you sat back and watched.
$SVXY $80 puts
$SVXY $85 puts
$SVXY $110 puts
$SVXY $113 puts
$SVXY $120 puts
$SVXY $125 puts
$SVXY $130 puts
$UVXY $15.5 calls
$UVXY $17.5 calls
$UVXY $19 calls
$UVXY $21.5 calls
$UVXY $30 calls
Very nice weekly expiration. Didn’t add any volatility trades this week, just letting things run off. Comey is supposed to testify next week, so I figure that will possibly provide the next opportunity for a volatility spike that we can sell into.
Have a great long weekend, I’m off to chase Walleye’s.
BTC Jun 2 $27.5 call @ $0.02, sold for $0.37
Have more orders in to close next weeks options for pennies, we’ll see how many get filled.
Volatility getting crushed this morning.
STO SVXY May 26 $130 puts @ $0.80, at last weeks low
SVXY $70 puts
SVXY $75 puts
SVXY $76 puts
SVXY $77 puts
SVXY $80 puts
SVXY $85 puts
SVXY $117 puts
SVXY $130 puts
UVXY $14 calls
UVXY $17 calls
Pretty good expiration
I did make a couple of trades earlier today.
STO UVXY May 26 $15.5 calls @ $0.33 (highest close this week was $15.85)
STO UVXY Jun 9 $20 calls @ $0.38
STO UVXY Jun 9 $24 calls @ $0.39
I will have limited market access today, so rolled my SVXY May 19 $148 puts mostly into June 2 $133.5 puts, also some Jun 9 $95’s and Jun 16 $90’s to get a credit.
Made this trade late yesterday, didn’t have a chance to post.
Did an early roll. When $SVXY dropped back below $135, BTC 2 SVXY May 19 $135 puts, STO 3 SVXY June 9 $99 puts for a small credit.
Added some longer term positions this morning
STO SVXY Jun 16 $80 puts @ $1.11
STO SVXY Jun 23 $70 puts @ $0.70
STO SVXY Sep 15 $55 puts @ $0.94
STO SVXY Dec 15 $50 puts @ $1.04
STO SVXY Jan 19, 2018 $50 puts @ $1.55
STO UVXY Jun 2 $27.5 calls @ $0.37
STO UVXY Jun 9 $25 calls @ $0.70
Not intending to add any more positions until we see what happens into expiration tomorrow so I know how much I need to roll. Still have a lot of dry powder.
STO May 19 $17 calls @ $0.33
Market starting to make higher lows and higher highs on the 1 min chart
STO May 19 $130 puts @ $0.40
STO May 19 $135 puts @ $0.58
STO May 19 $138 puts @ $0.62
STO May 26 $125 puts @ $.95
Nibbled on market drop a few minutes ago.
STO $SVXY May 19 $148 puts @ $0.45, below last weeks low, expires on friday. Small position.
Only 1 position, all the rest were closed for pennies a week ago.
$SVXY $148 puts, sold yesterday
Have a great weekend everybody.
STO SVXY May 26 $113 puts @ $0.58
STO SVXY May 26 $120 puts @ $0.90
STO SVXY Jun 2 $100 puts @ $0.50
STO UVXY Jun 9 $26 calls @ $0.31
STO UVXY May 26 $19 calls @ $0.25
Morning folks, hope you’ve had a good trading week. Finally getting a small window of time to make a couple of trades.
STO May 19 $14 calls @ $0.55
STO May 26 $17.5 calls @ $0.33
Short term trades and still very small positions in case things continued to degrade. Market looks to be bouncing now, so make go ahead and look for a couple of more.
Will be on airplanes most of the day headed back home.
@Jeff, Portland (Wilsonville) has been beautiful. Great weather up until today. Stay dry.
Have to head to meetings for the rest of the day so need to post these a few minutes early.
Very light week as I’ve been closing positions early. Not much left.
$SVXY $75 puts
$SVXY $80 puts
$SVXY $82 puts
I have no remaining $VXXGame positions for next week. Can’t remember the last time that happened.
Hey Jeff, I found out this morning that I’m being sent to Portland on Monday to go work an issue at a facility in Wilsonville. Will be nice to see your part of the country. I likely will not be able to watch the markets next week as I’ll be consumed by work so everyone trade safe.
Earlier today BTC May 12 $70 puts @ $0.02
Forgot to post yesterday BTC May 5 $910/$900 BuPS @ $0.02
BTC May 12 $65 puts @ $0.02, sold for $0.40
BTC May 12 $80 puts @ $0.02, sold for $0.80
Have orders in against all of my open positions for May 12 and May 19. We’ll see how many get filled over the next few day’s.
BTC May 12 $30 calls @ $0.02 (sold for $1.75)
BTC May 12 $40 calls @ $0.02 (sold for $1.24)
Looks like it is headed higher now. BTC May 5 $960/$965 BeCS’s @ $0.65 (sold for $0.79). Should have closed on friday. I did expect it to firm up, but wasn’t expecting this big of a jump, just getting out of the way. All of the high volume bars are green so this thing could just keep going for a while.
STO $AMZN May 5 $910/$900 BuPS’s @ $0.48
Lots of positions rolling off.
SVXY $80 puts
SVXY $85 puts
SVXY $87 puts
SVXY $90 puts
UVXY $28 calls
UVXY $31 calls
UVXY $33.5 calls
UVXY $35 calls
UVXY $37 calls
UVXY $39 calls
Great week to sit back and watch delta and theta work. Early this week I closed all of my next week UVXY calls for pennies. So just waiting and watching to put money to work.
STO May 5 $960/$965 call spreads @ $0.79
Have a number of orders in to close positions.
BTC May 5 $39 calls @ $.02, sold for $.50
$UVXY within pennies of new all time low. Wow, did this thing get crushed. I tried to put some trades on at the open before a complete collapse could occur but couldn’t get any fills for a decent premium.
#OptionsExpiration
Even though this was a monthly expiration, I actually have a much bigger expiration next week.
SVXY $75 puts
SVXY $80 puts
SVXY $85 puts
UVXY $23.5 calls
UVXY $27 calls
UVXY 28.5 calls
UVXY $41 calls
Was on a business trip without any market access during the day so was pretty much away from the market all week. Hope you all had a great trading week. I’ll try to read all of this weeks posts over the weekend to catch up on what people were doing.
Have a great weekend everyone.
All I had left
UVXY $22.50 calls
All the rest of my positions were closed early or rolled.
STO Jun 16 $60 call @ $1.50, adding to position
$UVXY #Rollup
Rolled Apr 13 $20 calls to Apr 21 $23.50 calls for even.
STO May 5 $38 calls @ $0.77, I was late on these
I don’t trust the market and I have to spend most of the rest of the morning away in meetings.
BTC Apr 13 $21 calls @ $0.26, sold for $0.43
Still short $20’s and $22.50’s. Will deal with the $20’s later today as needed.
#Market
Different market affects today with respect to volatility. Spot $VIX and $VVIX took an additional step higher today, but $VXX, $UVXY, $SVXY really not responding. Saw a similar thing after Brexit, implies to me that there are traders selling volatility today.
STO May 5 $40 calls @ $0.70
STO May 12 $40 calls @ $1.24
#Market
Interesting that the Russel 2000 has been positive most of the day and the mid caps are only down $0.03 ($VO). One of the folks on CNBC today mentioned that the VIX equivalent in Europe is in the 20’s and that traders have gone short that volatility and are buying volatility in the US as a hedge. Might explain what drove us into front month contango while the rest of the curve really has not been affected, looks normal and orderly.
#VXXGame
Unfortunately I was tied up in meetings until noon Central, so missed the best prices of the day. Made a few trades but holding back. With the downside warning in place, will be a bit cautious. Contango in the VIX futures got much steeper today.
BTC $UVXY Apr 13 $40 calls @ $0.01 (sold for $0.50)
BTC $SVXY Apr 21 $70 puts @ $0.04 (sold for $0.95)
STO $UVXY May 26 $30 calls @ $2.10
STO $UVXY May 19 $39 calls @ $1.20
STO $UVXY May 12 $30 calls @ $1.75
STO $SVXY May 5 $80 puts @ $0.66
STO $UVXY Apr 13 $21 calls @ $0.46, high risk so stayed small
Holding onto a lot of dry powder in case things get sporty from here.
Options Bistro 