Downside warning just fired.

BTC Apr 13 $40 calls @ $0.01 (sold for $1.45 and 0.40)
STO May 5 $39 calls @ $0.60
STO May 19 $39 call @ $1.20

BTC Apr 13 $85 puts @ $0.02 (sold for $0.40). Taking some cheap positions off the table.

STO May 12 SVXY $80 puts @ $0.80

Just before the close, STO $UVXY Apr 13 $20 calls @ $0.43, stayed small.

$SVXY $86.5 puts
$SVXY $90 puts
$UVXY $28 calls
$UVXY $29.5 calls
$UVXY $31 calls
$UVXY $35 calls

Quite a few contracts expiring again this week, just in time perhaps.

Have a great weekend everyone.

BTC Apr 13 $35 calls @ $.02, sold on 3/24 for $.45

Have other orders in to close out positions at .01 or .02. Like others of you, just booking some early at near max profit in case we get a chance to redeploy.

STO Apr 28 $31 calls @ $0.36

Looks like we are back to volatility events only lasting a couple of hours.

Into the close I made these trades.

STO $UVXY Apr 13 $22.5 calls @ $0.35
STO $UVXY Apr 21 $27 calls @ $0.35
STO $UVXY Apr 28 $33.5 calls @ $0.43

STO May 5 $39 calls @ $0.45

Looking at shorter term positions now, premium is not very good short term, but if $UVXY climbs another $1 or so, those premiums should get much better.

STO Apr 28 $35 calls @ $0.33

Very high number of open contracts expiring today. Next week also have a high number expiring, then I start getting thinned out again. Trading $UVXY with a pretty short term focus, generally 3 to 4 weeks or less with only occasional opportunistic longer term sales. “Government shutdown” fears might be the next volatility catalyst.

SVXY $86.5 puts
SVXY $100 puts
SVXY $106 puts
UVXY $23.5 calls
UVXY $24.5 calls
UVXY $26 calls
UVXY $28 calls
UVXY $30.5 calls
UVXY $33 calls

Have a great weekend everyone.

BTC APR 13 $80 puts @ $.02, sold for .35
BTC APR 21 $65 puts @ $0.05 sold for .90, couldn’t get a fill @ $.02

BTC April 7 $40 calls @ $0.01 (sold for .38)

Have several more orders in to close positions for .01 or .02

Not a huge number of positions, but pretty nice profits.

$SVXY $95 puts
$SVXY $100 puts
$SVXY $115 puts
$UVXY $20 calls
$UVXY $23 calls
$UVXY $25 calls
$UVXY $32 calls
$UVXY $45 calls

Have a great weekend everyone. Had a hell of a week at work so headed to go work out then drink beer.

STO May 19 $70 put @ $1.25

Going to stand aside now until the close.

STO Apr 7 $35 calls @ $0.35
STO Apr 13 $35 calls @ $0.45

STO $UVXY Mar 31 $23.5 calls @ $0.50
STO $UVXY Apr 7 $31 calls @ $0.33
STO $SVXY May 5 $75 puts @ $0.75

STO Apr 7 $86.5 puts @ $0.40, adding to position
STO Mar 31 $100 puts @ $0.40

Looking for $UVXY opportunies.

I was in meetings so missed the opportunity at the close yesterday.

At the open STO Apr 13 $80 puts @ $0.35

No panic yet. S&P down 30 and $UVXY is only up $1 (6%)

Check the $UVXY volume today.

STO Apr 13 $85 puts @ $0.40

STO Mar 31 $106 puts @ $0.40

SVXY $55 puts
SVXY $85 puts
SVXY $105 puts
UVXY $22.50 calls
UVXY $25 calls
UVXY 26 calls
UVXY $27.50 calls
UVXY $30 calls
UVXY $40 calls
UVXY $46 calls
UVXY $60 calls

Not huge list for a Quarterly expiration as I’ve been staying short term and pretty safe with lots of cash in the account. Still, nicely profitable.

Have a great weekend everyone.

Very interesting that Gold it up big today but the miner are down. My interpretation is that they don’t believe the gold move has legs.

Back home today. Made a couple of trades yesterday when I got a break here and there.

STO Apr 7 TLT $121 calls @ $0.41
STO Mar 24 UVXY $20 calls @ $0.50
STO Mar 24 UVXY $23 calls @ $0.25

Looking for additional $TLT/$TBT trades today.

On travel for work so can’t watch the market. During a break I did fire off a couple of trades.

STO Mar 17 UVXY $22.5 calls @ $0.25
STO Mar 24 SVXY $100 puts @ $0.40

$UVXY new all time low.
$SVXY within pennies of new high.

BTC Mar 17 $135 calls @ $0.05, sold for $1.30 on 3/3.

$SVXY $70 puts
$SVXY $85 puts
$UVXY $28 calls
$UVXY $30 calls
$UVXY $31.5 calls
$UVXY $33 calls
$UVXY $34.5 calls

Have a great weekend everyone.

Even with oil lower today, the oil stocks climbing. The charts I looked at all show the same thing, serious buying started about 2pm central time.

Been tied up in projects here at work so haven’t made any trades this week until now.

STO Mar 31 $TBT $39.5/$43.5 strangles @ $0.61

$SVXY $70 puts
$SVXY $105 puts
$UVXY $23 calls
$UVXY $26 calls
$UVXY $28 calls
$UVXY $30 calls
$UVXY $35 calls
$UVXY $55 calls
$UVXY $60 calls

Was a pretty good week. Have a great weekend everyone.

Karen Finerman doubled down on her short $URI. My way of following along.
STO $URI Mar 17 $135 calls @ $1.30

I find it notable that with as strong as the market is today, and over the past 2 weeks, that $UVXY is really hanging tough. S&P is up 100 points and $UVXY has at least temporarily stopped making new lows. I’m guessing that with the market going straight up, some people might be starting to feel “a little” fear as the $VIX has been creeping higher with the market going higher.

Hey guy’s, $TLT and $TBT are tied to the 20+yr bonds. Do you know of an equivalent ETF for the 10yr?

STO Mar 3 $23 calls @ $0.27

$SVXY $70 puts
$SVXY $75 puts
$UVXY $23.5 calls
$UVXY $45 calls
$UVXY $50 calls
$UVXY $55 calls
$UVXY $60 calls

Have a great weekend everyone.

Added a few more
STO $SVXY Mar 17 $85 puts @ $0.72
STO $SVXY Apr 7 $86.5 puts @ $1.95 (followed @ramie)
STO $UVXY $60 call @$3.00

$VIX now negative on the day. Added a couple of additional short term positions after volatility dropped but still could get good premiums.

STO $UVXY Mar 10 $28 calls @ $0.61
STO $UVXY Mar 10 $31.5 calls @ $0.40
STO $SVXY Mar 3 $105 puts @ $0.55

Nibbling
STO Mar 3 $26 calls @ $0.50
STO Mar 10 $33 calls @ $0.40

Sitting in the Charlotte airport on layover. Won’t be around at the end of the day so just posting what I have expiring today.

$UVXY $32, 35, 38, 39, 40.5, 43, 45, 48 calls
$VXX $29.5 calls
$SVXY $70, 85 puts

Trade safe.

I’ve been in an all day meeting today (currently on a break) so just now getting to seeing the market. Looks like I didn’t miss much. I’m leaving on vacation friday and will be out all next week so haven’t put on any new positions since last week. Will start doing some /YM paper trading when I get back. Someday we’ll be selling the hell out of $UVXY calls again.

BTC Feb 17 $60 calls @ $.01, sold for $1.00

Very good expiration. Lots of contracts expiring.

$SVXY $75 puts
$SVXY $124 calls
$UVXY $30 calls
$UVXY $31 calls
$UVXY $32 calls
$UVXY $35 calls
$UVXY $39 calls
$UVXY $40 calls
$UVXY $42 calls
$VXX $28.5 calls

What happened to E-Trade? Not seeing any news but took a big dump at the open.

After the rate no change decision

STO Feb 10 $32 calls @ $0.33

Now have full call ladder for next week.

Mar 10 now has strike prices up to $50.