#OptionsExpiration #Weeklys #Jun24 – I…

#OptionsExpiration #Weeklys #Jun24 – I was positioned pretty well for Brexit. I re-acquired some SVXY stock, but just a few weeks ago I sold out of a couple of large blocks above 60. So I’m not too upset. I’ve already sold August Calls against all the new stock.

A pretty good week for NUGT strangles too.

— Expirations —
BBY Weekly Jun 24 2016 29 Puts
CF Weekly Jun 24 2016 35 Calls
CMG Weekly Jun 24 2016 380 Puts
DUST Weekly Jun 24 2016 22 Calls

NUGT Weekly Jun 24 2016 50 Puts
NUGT Weekly Jun 24 2016 60 Puts
NUGT Weekly Jun 24 2016 65 Puts
NUGT Weekly Jun 24 2016 69 Puts
NUGT Weekly Jun 24 2016 70 Puts
NUGT Weekly Jun 24 2016 71 Puts
NUGT Weekly Jun 24 2016 72 Puts
NUGT Weekly Jun 24 2016 75 Puts

NUGT Weekly Jun 24 2016 125 Calls
NUGT Weekly Jun 24 2016 135 Calls
NUGT Weekly Jun 24 2016 140 Calls
NUGT Weekly Jun 24 2016 155 Calls
NUGT Weekly Jun 24 2016 160 Calls

SVXY Weekly Jun 24 2016 38 Puts
SVXY Weekly Jun 24 2016 40 Puts

SVXY Weekly Jun 24 2016 58 Calls
SVXY Weekly Jun 24 2016 61 Calls
SVXY Weekly Jun 24 2016 62 Calls
SVXY Weekly Jun 24 2016 63 Calls
SVXY Weekly Jun 24 2016 64 Calls
SVXY Weekly Jun 24 2016 65 Calls

TWTR Weekly Jun 24 2016 18 Calls

UVXY Weekly Jun 24 2016 20 Calls
UVXY Weekly Jun 24 2016 21 Calls
UVXY Weekly Jun 24 2016 22 Calls
UVXY Weekly Jun 24 2016 25 Calls
UVXY Weekly Jun 24 2016 26 Calls

UVXY Weekly Jun 24 2016 8 Puts
UVXY Weekly Jun 24 2016 9 Puts
UVXY Weekly Jun 24 2016 9.5 Puts
UVXY Weekly Jun 24 2016 10 Puts

— Assignments —
SVXY Weekly Jun 24 2016 44.5 Puts
SVXY Weekly Jun 24 2016 45 Puts
SVXY Weekly Jun 24 2016 46 Puts
SVXY Weekly Jun 24 2016 47 Puts
SVXY Weekly Jun 24 2016 48 Puts
SVXY Weekly Jun 24 2016 52 Puts

Options Expiration

Expired
$UVXY 9.5 Put
$UVXY 22 Call (covered)
$UVXY 20 Call (Covered)
$NUGT 130 Call
$NUGT 140 Call
$RDSA 52.5 Call (Covered)
$SVXY 39 Put

$SPX 2160/2135 BECS
$SPX 2175/2150 BECS
$SPX 2140/2130 BECS
$SPX 1950/1975 BUPS

Total Loss
$SPX 2115/2100/2100/2085 Straddle Worth doing, Loss contained by hedge

Assigned
$NUGT @ 98 Will cover on Monday
$MGM @24.5 I am willing to hold stock

Called Away
$ETE @13 Basis 12.35 Was a covered call

Fasten seat belts for next week as Europe “melts” away?

Options Expiration 6/24/16

#OptionsExpiration Nail-biter of a close with short 2040’s, will sell a roll next week. With more VIX Indicator signals firing today, further drops in the market are very likely.

— Expiring —
NUGT 50 puts
SPX 2135/2160 call spreads
SPX 2025/2000 put spreads
SPX 2020/1995 put spreads
UVXY 22 call
UVXY 12 put

— Cash Settlement —
SPX 2040/2015 put spreads: looks like about 2.70 debit when 2040 puts are exercised

— Max Loss —
FDX (#Earnings) 157.50/162.50/165/170 iron condor, 1.70 loss.

NUGT roll

#ContangoETFs BTC NUGT June 24th 99 call for 17.00. Sold for 3.50 on May 25th
STO NUGT July 22nd 130 call for 12.70.
Tried to sell a put too but no fill, so I will add it Monday.

Expirations

NUGT 70 put

SVXY
35 put
36 put
37 put
43 put  ?? assigned??
45 put assigned
50 put assigned
52 put assigned

#OptionsExpiration

OptionsExpiration

Ugly day, but here are my expiring positions

$NUGT $70 puts
$NUGT $75 puts
$NUGT $160 calls

Closed out my (2) $SVXY $52 puts @ $7.00 to avoid assignment. Since market didn’t bounce today, looks like probably more to come on Monday so chose to wait and roll them on monday. #OptionsExpiration

NUGT: A little maneuvering in 7/1

Sold to open $NUGT Jul 1 160 calls @ 1.00
Bought to close $NUGT Jul 1 70 puts @ .20 (sold for 2.00 on 6/10)

NUGT…playing it safe

I’ve been burned by this thing on huge Friday afternoon moves before so booking these just in case. A few weeks ago had a chance to close puts for a nickel but waited. They ended up in the money and trading for over 2 bucks a few hours later. Not this time!

Bought to Close NUGT JUN 24 2016 95.0 Put @ .15 (sold for 4.20)
Bought to Close NUGT JUN 24 2016 100.0 Put @ .29 (sold for 5.40)

$NUGT $UVXY $SVXY

Had a meeting with my Boss right as the market opened so didn’t always get great fills. I’m planning to be done for the day unless there is some ugliness at the close that provides some opportunities. Sold all of these this morning. Premiums really didn’t jump as high as I was expecting and dropped off pretty quick.

$NUGT Jul 1 $160 call @$1.00 adding to position
$NUGT Jul 8 $175 call @ $1.55 adding to position
$NUGT Jul 15 $175 call @ $4.00
$NUGT Jul 22 $175 call @ $4.68
$NUGT Jul 29 $175 call @ $7.00
$UVXY Jul 22 $30 calls @ $0.60
$UVXY Jul 29 $30 calls @ $0.75
$UVXY Aug 19 $34 calls @ $0.85
$SVXY Jul 8 $35 puts @ $0.45
$SVXY Jul 22 $40 put @ $1.85
$SVXY Jul 29 $35 put @ $$1.11
$SVXY Aug 19 $40 put @ $2.78
$SVXY Sep 16 $35 puts @ $2.30

#contangoetfs #vxxgame

NUGT again

Rolled my last call from this week earlier this morning. Starting a put position again for next since all other puts are expiring today. IV’s still crazy on both sides of the line of scrimmage today.

Sold NUGT JUL 1 2016 100.0 Put @ 4.67

Sold against 105 and 115 calls…looking to add a little more on a pullback.

NUGT crazy fills

Rolled 105 call to next week 115 for even when mid price was 1.00 debit…

🙂 🙂

$NUGT

my covered call expiring today looks good: Jun 24 $100 C sold $5 stock basis $108. I didn’t capture most of this outcome but I entered a week ago expecting to be called out last Friday. All in all a profitable outcome.

Gold futures /GC falling into the close

$NUGT doing its best to follow

Closing some of this week’s NUGT

Taking off my closer to the money positions for this week at a profit, before the vote tomorrow.
Bought to close $NUGT Jun 24 125 call @ .75. Sold for 3.00 on 5/26.
Bought to close $NUGT Jun 24 130 calls @ .40. Sold for 1.20 on 6/1.

$NUGT #ShortStrangles – missed one…

$NUGT #ShortStrangles – missed one from yesterday.
Sold 1 NUGT Jul 1 2016 175.0 Call / Sold 1 NUGT Jul 1 2016 70.0 Put @ 3.10 total Credit

$GDX $NUGT

Gold miners performance is pretty impressive today. Gold down $20 and $NUGT only down $5. In the past we’ve seen $20 moves in gold exhibit very big moves in $NUGT, not today, or at least not yet today.

$NUGT BTC Jun24 $110 call…

$NUGT BTC Jun24 $110 call for $3.30, sold last Friday for $8.40, now I need a rebound to unload my stock. $104 would be nice.

$NUGT #ShortPuts – Sold these…

$NUGT #ShortPuts – Sold these paired with existing short calls
NUGT JUN 24 2016 69.0 Puts @ 0.60
NUGT JUN 24 2016 70.0 Puts @ 0.80
NUGT JUN 24 2016 71.0 Puts @ 0.90
NUGT JUN 24 2016 75.0 Puts @ 1.50

$NUGT $SVXY

Since I had a couple of weeks of travel planned over the past 3 weeks, I purposely didn’t add new positions and let my existing ones burn off. Today, I’m beginning to add a few positions. Not optimal time/premium (that happened last week while I was gone) but I want to get a little more exposure on the books.

$SVXY STO July 15 $40 puts @ $0.90
$NUGT STO June 24 $140 calls @ $0.90
$NUGT STO July 1 $60 puts @ $0.75
$NUGT STO July 1 $175 calls @ $0.95

Have the following orders in:
$NUGT July 15 $60/$175 strangles
$NUGT July 22 $55/$175 strangles

UVXY and NUGT

#VXXGame STO UVXY July 8th 11 put for 1.51
STO UVXY July 22nd 10 put for 1.40

#ContangoETFs STO NUGT July 22nd 55 put for 2.50

#Options Expiration Full Profit $SPX…

#Options Expiration
Full Profit
$SPX 2155/2130 BECS
$SPX 2025/2000 BECS
$BA 135/130 BECS
$GOOGL 670/680 BUPS

$ABX 17 Put
$RLYP 14 Put
$CSAL 25 Put
$ETP 36 Put
$MGM 24.50 Put
$NUGT 45 Put
$NUGT 62 Put
$NUGT 50 Put
$SVXY 30 Put

$DRII 25 Call (covered) Will write again
$BOIL 15 Call (covered) Assigned Out of stock after 18 months of writing calls. Still lost
$FCX 12 Call (covered) Will write again
$OAS 11 Call (covered) Will write again
$ALNY 60 Call (covered) Will write again
$FE 33 Call (covered) Will write again
$CNX 16 Call (covered) Will write again

Assigned
$ETE 13.5 Put
$SQ 13 Put
$RLYP 16 Call

Total Losses
$CTRP 47.5/50 BUCS
$XLE 70 Call
$EDU 43 Call

Lesson not learned YET:
Learn not to be a pig and do not buy calls!

#Options expiration- a big one today

— Expirations —
AAPL Jun 17 2016 100 Calls
CNX Jun 17 2016 15 Calls
CF Jun 17 2016 25 Puts
DUST Jun 17 2016 13 Calls
DUST Jun 17 2016 20 Calls
DUST Jun 17 2016 22 Calls
ESV Jun 17 2016 10 Puts
JWN Jun 17 2016 35 Puts
JWN Jun 17 2016 40 Calls
M Jun 17 2016 28 Puts
MOS Jun 17 2016 22.5 Puts
NRG Jun 17 2016 9 Puts

NUGT Jun 17 2016 40 Puts
NUGT Jun 17 2016 46 Puts
NUGT Jun 17 2016 52 Puts
NUGT Jun 17 2016 53 Puts
NUGT Jun 17 2016 54 Puts
NUGT Jun 17 2016 55 Puts
NUGT Jun 17 2016 74 Puts
NUGT Jun 17 2016 75 Puts
NUGT Jun 17 2016 76 Puts
NUGT Jun 17 2016 78 Puts
NUGT Jun 17 2016 79 Puts
NUGT Jun 17 2016 80 Puts
NUGT Jun 17 2016 81 Puts
NUGT Jun 17 2016 82 Puts
NUGT Jun 17 2016 83 Puts
NUGT Jun 17 2016 84 Puts
NUGT Jun 17 2016 85 Puts

NUGT Jun 17 2016 120 Calls
NUGT Jun 17 2016 125 Calls
NUGT Jun 17 2016 130 Calls
NUGT Jun 17 2016 155 Calls

SVXY Jun 17 2016 20 Puts
SVXY Jun 17 2016 23 Puts
SVXY Jun 17 2016 35 Puts
SVXY Jun 17 2016 42 Puts
SVXY Jun 17 2016 43 Puts
SVXY Jun 17 2016 44 Puts
SVXY Jun 17 2016 44.5 Puts
SVXY Jun 17 2016 45 Puts
SVXY Jun 17 2016 46 Puts
SVXY Jun 17 2016 49 Puts

SVXY Jun 17 2016 60 Calls
SVXY Jun 17 2016 61 Calls
SVXY Jun 17 2016 62 Calls
SVXY Jun 17 2016 63 Calls
SVXY Jun 17 2016 65 Calls

SWN Jun 17 2016 14 Calls
SWN Jun 17 2016 7 Puts
SWN Jun 17 2016 9 Puts

UVXY Jun 17 2016 18 Calls
UVXY Jun 17 2016 19 Calls
UVXY Jun 17 2016 20 Calls
UVXY Jun 17 2016 80 Calls
UVXY Jun 17 2016 85 Calls
UVXY Jun 17 2016 110 Calls

VIAB Jun 17 2016 30 Puts

— Assignments —
DUST JUN 17 2016 13.0 Puts
FEYE JUN 17 2016 15.0 Calls – covered
SVXY JUN 17 2016 53.0 Puts
SWN JUN 17 2016 13.0 Calls – covered
UVXY Jun 17 2016 20 Puts

Expirations

NUGT 40 puts

SVXY 40 puts

SVXY 40.5 puts

SVXY42 puts

SVXY 50 puts

Options Expiration June 17, 2016

#OptionsExpiration — I am bearish moving into the remainder of the month, but especially early next week as fears about Brexit gain more steam… Yesterday’s murder in the UK actually calmed the markets, as morbid as that sounds, but as the vote draws closer I believe volatility will remain, but then possibly calm after the Thursday vote finally happens. But in any case, I will be selling both sides of SPX.

— Expiring —
FB 110 covered put
NUGT 65, 70, and 72 puts
UVXY 19 and 30 calls
SPX 1940/1915 put spreads (expired at the open)
SPXPM 2000/2020/2100/2120 iron condors (expired at the close)

#OptionsExpiration for June 17 Expiring:…

#OptionsExpiration for June 17
Expiring:
$AAPL 06/17/2016 80.00 puts
$AAPL 06/17/2016 87.50 puts
$ABBV 06/17/2016 61.50 calls (covered)
$APA 06/17/2016 60.00 calls (covered)
$CELG 06/17/2016 90.00 puts
$JWN 06/17/2016 35.00 puts
$RIG 06/17/2016 8.00 puts
$NFLX 06/17/2016 110.00 calls
$NUGT 06/17/2016 157.00 calls
$SVXY 06/17/2016 60.00 calls
$SVXY 06/17/2016 65.00 calls
$SVXY 06/17/2016 35.00 puts
$SVXY 06/17/2016 44.50 puts
$TSLA 06/17/2016 85.00 puts
$X 06/17/2016 13.00 puts

Assignments:
$LNKD 06/17/2016 140.00 calls—stock being called away

Have a great weekend everyone.

NUGT ITM rollout

Rolled $NUGT Jun 17 92 calls up and out to Jul 22 120 calls for 2.80 credit.

Closing some NUGT puts

Bought to close $NUGT Jun 24 70 puts @ .75. Sold for 1.25 on 1.25 on 6/10.

$NUGT $UVXY $SVXY

As I was expecting based on what was happening last friday, looks like I missed out on very good opportunities to sell options this week while I was gone. Will look for a few opportunities today to make some small trades.

$NUGT

I BTC Jun 17 $110 call for $2. sold $7.95 last week I still have the shares. I am thinking of selling next weeks $110 call for $8 – $9. My basis is $106.

To the $NUGT traders: Do you think this is a good idea or should I keep the stock unencumbered, to sell at optimum, or close, time.

NUGT misc

Taking care of these now since tomorrow will be a fairly busy day. These weeklies keep paying quite nicely. Selling pretty aggressive strangles then rolling whichever side I have to and then selling the other side. Staying small!

Bought to Close NUGT JUN 17 2016 95.0 Put @ .20 (sold for 2.40)
Bought to Close NUGT JUN 17 2016 100.0 Put @ .49 (sold for 3.10)
Bought to Close NUGT JUN 17 2016 105.0 Put @ 1.00 (sold for 4.70)

Sold NUGT JUN 24 2016 95.0 Put @ 4.20
Sold NUGT JUN 24 2016 100.0 Put @ 5.40

Still slightly short delta overall down to around 98…

Another NUGT call

Sold $NUGT Jul 15 164 call @ 8.00. Highest strike in July.

NUGT

Rolled my June 24, 110 call out to August 19, 155 call for a 0.25 cent credit.

$NUGT #ShortCalls = Sold 1…

$NUGT #ShortCalls = Sold 1 NUGT DEC 16 2016 185.0 Call @ 24.00

NUGT call

#ContangoETFs Sold to Open NUGT July 29th 160 call for 9.50. Highest available strike.

Rolling some NUGT

I rolled my deep in the money calls. I’m still short 92 calls for June which I’m leaving for now, and 130 calls. The rest are now in July and August

Rolled $NUGT Jun 44 calls out to Aug 45 calls for .70 credit
Rolled $NUGT Jun 46 call out to Jul 46 call for .45 credit
Rolled $NUGT Jun 65 calls out to Jul 65 calls for 2.91 credit

$NUGT

Rolled out the $NUGT 97 June 17 Call to
$NUGT June 24 $101 Call for $3 credit

NUGT

BTC June 17, 120 call @1.05, sold at 2.05

Since I am very involved in the SVXY, I would like to reduce my risk in other options.

$NUGT #ShortCalls #OptionLadder – another…

$NUGT #ShortCalls #OptionLadder – another minor adjustment to my positions today:

Bought to Close 1 Contract NUGT Jun 17 2016 92.0 Call at 9.90 for a small gain – It is still in the money!!

In it’s place I sold the following #OptionLadder
2 NUGT Jun 17 2016 125.0 Calls @ 1.05 – these expire Friday
1 NUGT Jun 24 2016 140 Call @ 2.30
1 NUGT Jul 1 2016 160 Call @ 2.30
1 NUGT Jul 1 2016 160 Call @ 3.50

$NUGT #ShortCalls #ShortStrangles – a…

$NUGT #ShortCalls #ShortStrangles – a minor adjustment to my positions today:

Bought to Close 1 Contract NUGT Jun 17 2016 105 Call at $5.30 for a small gain

In it’s place I sold 2 strangles for this week –
NUGT Jun 17 2016 120 Calls / NUGT Jun 17 2016 79 Puts @ 2.06 Credit

Not a cash generator but I feel better about holding the new positions through Friday.

$NUGT #ShortPuts – Sold these…

$NUGT #ShortPuts – Sold these paired with existing short Calls. These all expire Friday.
Sold NUGT Jun 17 2016 85.0 Puts @ 1.05
Sold NUGT Jun 17 2016 84.0 Puts @ 1.05
Sold NUGT Jun 17 2016 83.0 Puts @ 0.85
Sold NUGT Jun 17 2016 82.0 Puts @ 0.74
Sold NUGT Jun 17 2016 80.0 Puts @ 0.55

Selling some puts on NUGT now

On the reversal. Sold $NUGT Jul 15 60 puts @ 1.80. Offsets short calls.

NUGT Sep

Sold $NUGT Sep 16 185 call @ 14.00
Adding to highest strike.

#OptionsExpiration #Jun10 #Weeklys – wild…

#OptionsExpiration #Jun10 #Weeklys – wild ride this week. No assignments. Next week’s monthly expiration is a big one.

— Expirations —
DUST (Weekly) Jun 10 2016 22 Calls (Covered)

NUGT (Weekly) Jun 10 2016 50 Puts
NUGT (Weekly) Jun 10 2016 55 Puts
NUGT (Weekly) Jun 10 2016 60 Puts
NUGT (Weekly) Jun 10 2016 72.5 Puts
NUGT (Weekly) Jun 10 2016 73 Puts
NUGT (Weekly) Jun 10 2016 74 Puts
NUGT (Weekly) Jun 10 2016 75 Puts
NUGT (Weekly) Jun 10 2016 135 Calls

SVXY (Weekly) Jun 10 2016 45 Puts
SVXY (Weekly) Jun 10 2016 65 Calls (Covered)

UVXY (Weekly) Jun 10 2016 30 Calls (Covered)

Options Expiration 6/10/16

#OptionsExpiration

— Expiring —
DUST 22 call
SPX 2135/2160 call spreads
SPX 2090/2070 put spreads

Have great weekend!

#OptionsExpiration All I have this…

#OptionsExpiration
All I have this week
$NUGT $155 calls

Taking some NUGT profit

Closing this one for almost full profit.
Bought to close $NUGT Jun 17 57 puts @ .07. Sold for 2.76 on 5/24.

$NUGT #ShortStrangle – Sold 1…

$NUGT #ShortStrangles – Sold 1 NUGT Jun 24 2016 70/150 Strangle @ 3.60.
Also covered this week’s 117 calls @ 0.05, just in case.

NUGT

STO June 24, 70 put @1.25

STO July 1, 60 put @0.85

SVXY, BTC June 17, 55 put @.85 sold @1.05 yesterday. Getting to close for comfort. I am getting nervous about this market.

$NUGT

STO Jul 1 $65/$160 Strangle @ $4.70

$NUGT need to react to…

$NUGT need to react to falling price ($115 to $105). Roll Jun 10 115 c to Jun 17 $110 for $7cr. Considering selling put to free stock for sale in IRA. Care to share your opinion?

$NUGT #ShortPuts – Sold NUGT…

$NUGT #ShortPuts – Sold NUGT JUN 17 2016 82.0 Puts @ 1.05 replacing similar positions expiring today.
One week until expiration

$NUGT #ShortCalls – Bought to…

$NUGT #ShortCalls – Bought to close NUGT JUN 10 2016 110.0 Calls @ 1.10 to make a small profit.
A bit of patience today paid off.

Finally able to sell some NUGT puts

Sold $NUGT Jul 1 70 puts @ 2.00. Offsets many short call positions so no margin requirement.

$NUGT

Wish there were higher strikes in the $NUGT calls in the coming weeks.

Our old friend KOLD

Has gotten hammered in the rebound in nat gas, now at 125. I still have some in the money call positions that have been rolled several times (now in August) at 120, 115 and 110. Considering the carrying cost and the time left, if I can close any of them at an overall profit I’ll be doing that. Have some bids in but it’s a crapshoot with the wide spreads.

$NUGT

Drag. Yesterday, $GDX went above the 5/2 high. $NUGT topped out $10 below it’s 5/2 high.

$NUGT

I was at an all day offsite yesterday so away from the market. Had a GTC order get filled.

STO $NUGT Jun 24 $160 call @ $2.10

$DUST #ShortCalls – covered a…

$DUST #ShortCalls – covered a couple of positions early at minimum value –
Bought to close DUST Jun 24 2016 22.0 Calls @ 0.05
Bought to close DUST Jul 15 2016 33.0 Calls @ 0.05
No commission on either trade.

NUGT ITM rolls

I was assigned early on these so I’m buying them in and sold calls to replace the assigned contracts. I sold the options first, before buying the stock back (when NUGT was 109), and then got a bit of a lucky break as NUGT started to weaken. I waited as the stock went down and got out at 106.78. But I’ll take whatever good news I can get when rolling ITM losses like this.

Assigned on June 45 and 48 calls.
Bought the stock to cover at 106.78.

To recapture from assignment of 45 call: 61.78 (106.78-45.00)
Sold $NUGT Aug 19 45 call @ 65.00
Credit: 3.22

To recapture from assignment of 48 calls: 58.75 (106.78-48.00)
Sold $NUGT Sep 16 48 calls @ 63.70
Credit: 4.95

$NUGT #ShortCalls #Rollup – I…

$NUGT #ShortCalls #Rollup – I had been holding out hope that these positions would work out but this morning’s move put a stake in the heart of that idea. So I rolled up and out.

Bought to close NUGT Jun 17 2016 72.0 Calls / Sold NUGT Jan 20 2017 120.0 Calls @ a 0.15 Credit
Bought to close NUGT Jun 17 2016 94.0 Calls / Sold NUGT Sep 16 2016 145.0 Calls @ a 0.15 Credit

I added significantly to the strike prices without spending any cash. It’s just going to cost me time (I hope)

NUGT put closed

#ContangoETFs BTC NUGT June 17th 100 put for 10.00. Sold for 15.50 on May 2nd

$NUGT #Market He guy’s, back…

$NUGT #Market

He guy’s, back from trip. Fishing was good. It was great to just relax and not think about the market (or the day job) for a whole week. Looks like I didn’t miss anything until Friday morning. Today I was jammed so just now getting a chance to look for opportunities to enter a few new trades in $NUGT. Wanting to stay small until after the fed meeting.

Options Expiration 6/3/16

#optionsexpiration
Only 2 expiring today:

NUGT 90 put (was going for 20.00 on Tuesday)
AVGO 150/145 put spreads

#OptionsExpiration for Jun 3 Only…

#OptionsExpiration for Jun 3
Only 2 expirations today:
$NUGT 06/03/16 60 puts
$NUGT 06/03/16 61 puts

No assignments.

Can’t believe it’s Friday already. Have a great weekend everyone.

#OptionsExpiration #Weeklys #Jun03 – a…

#OptionsExpiration #Weeklys #Jun03 – a pretty quiet week this week. Got my cash back and a nice profit from some retail stocks I picked up during earnings season.

— Expirations —
DUST (Weekly) Jun 3 2016 20 Calls (Covered)
MRO (Weekly) Jun 3 2016 14 Calls (Covered)
NUGT (Weekly) Jun 3 2016 50 Puts
NUGT (Weekly) Jun 3 2016 54 Puts
NUGT (Weekly) Jun 3 2016 55 Puts
NUGT (Weekly) Jun 3 2016 59 Puts
NUGT (Weekly) Jun 3 2016 60 Puts
NUGT (Weekly) Jun 3 2016 61 Puts
NUGT (Weekly) Jun 3 2016 64 Puts
NUGT (Weekly) Jun 3 2016 65 Puts
NUGT (Weekly) Jun 3 2016 70 Puts
NUGT (Weekly) Jun 3 2016 115 Calls
NUGT (Weekly) Jun 3 2016 120 Calls
NUGT (Weekly) Jun 3 2016 130 Calls
SVXY (Weekly) Jun 3 2016 35 Puts
SVXY (Weekly) Jun 3 2016 40 Puts
UVXY (Weekly) Jun 3 2016 25 Calls (Covered)
UVXY (Weekly) Jun 3 2016 26 Calls (Covered)
UVXY (Weekly) Jun 3 2016 30 Calls (Covered)

— Assignments —
KORS (Weekly) Jun 3 2016 43 Calls (Covered)
M (Weekly) Jun 3 2016 34 Calls (Covered)

Expirations

I have been taking positions off early so have only 2 expirations for today. Tasty trade recommends that you take off positions when they have 50% profit and I did that last month. I have found that I left a lot of profit on the table so have stopped doing that strategy even though it frees up a lot of capital. #optionsexpiration

SVXY 35 put

NUGT 50 put

NUGT

Sold Sept. 35 puts @ $1.85  against my Sept 185 calls.

NUGT

Followed Ramie, sold 1 contract of the Sept. 185 call @ 8.70

Thanks for the idea.

Another NUGT call sale

Sold $NUGT Sep 16 185 call @ 8.60. Adding to position at the highest strike in Sep.

NUGT strangle-roll

#ContangoETFs Trying to stay ahead of positions becoming ITM:
BTC NUGT June 17th 97 call for 10.60. Sold for 3.80 last Friday.
STO NUGT Sept 180 call for 9.20
STO NUGT Sept 35 put for 1.80

$NUGT – After the huge…

$NUGT – After the huge spike this morning it (NUGT) seems to be starting to wiggle back
down. Premium is still high, is it correct to assume that if NUGT continues to retrace down that now is an excellent time to position (sell) ….way OTM ??

NUGT puts

Bought to Close NUGT JUN 10 2016 55.0 Put @ .05 (part of 55/95 strangle)
Bought to Close NUGT JUN 17 2016 55.0 Put @ .35 (part of 55/105 strangle)

Looking to double dip on a pullback…

Closing NUGT put rollout

Bought to close $NUGT Jun 17 59 puts @ .50. Sold for 5.38 as a rollout on 5/25. Offsetting the loss from the roll of 3.31, leaves an overall profit of 1.57.

NUGT learned my lesson

Had 95 calls expiring today that were worth .025 yesterday and I didn’t close them knowing a big number today was coming that could possibly move gold a lot. Now sitting at 2.40 so probably stuck with them a little longer on the roll out. Woulda coulda shoulda….

NUGT calls

Here we go again.
Sold $NUGT Jun 10 115 call @ 1.25
Sold $NUGT Jul 1 155 call @ 1.50
Sold $NUGT Jan 20 185 call @ 15.50