#SPXcampaign Sold to open $SPX Sept 15th 2065/2040 put spreads for 1.30, with SPX at 2175.
Category Archives: SPX Campaign
SPX short-term puts sold
#SPXcampaign Sold to Open $SPX Aug 29th 2140/2115 put spreads for 1.50, with SPX at 2178. My first Monday-expiring SPX spread!
SPX puts sold
#SPXcampaign Sold to Open $SPX Sept 23rd 2050/2025 put spreads for 1.25, with SPX at 2183.
SPX call spread
STO Sep 2 2220/2230 for 0.95
SPX call roll sold
#SPXcampaign Sold to open #SPX Sept 9th 2200/2225 call spreads for 8.00. Last part of the condor roll from Friday’s stopped spread. Waiting a couple of days paid off as I was able to get much better position.
SPX calls sold
#SPXcampaign Sold to Open $SPX Sept 23rd 2245/2270 call spreads for 1.35, with SPX at 2182.
SPX puts closed
#SPXcampaign Bought to close $SPX Aug 24th 2140/2115 put spreads for .20. This is the other half of the call spread closed an hour ago, sold for 1.60 on Aug 12th.
SPX calls closed
#SPXcampaign Bought to close $SPX Aug 24th 2200/2225 call spreads for .20. Sold for 2.80 on Aug 3rd.
Trying to get a fill on new spreads but missing the fills before each reversal.
SPX puts closed
#SPXcampaign In pre-market, bought to close $SPX Sept 2nd 2040/2015 put spreads for .20. Sold for 1.35 on Aug 1st.
Expirations
$UVXY 22.50 Call
$UVXY 25 Call
$NUGT 80 Put
$XME 25 Put
$FL 55 Put
$TWLO 48 Put
$SVXY 45 Put
$ETP 34 Put
$SPX 2085/2110 BUPS
$SPX 2115/2040 BUPS
$SPX 2015/2040 BUPS
CLOSED EARLY
$SPX 2185/2160 BECS @50% loss
ASSIGNED/CALLED AWAY
$HAIN 50 Put
$FEYE 17 Put
$CNX 18 Put
$OPHT 55 Put
$GG 20 Call (covered)
$SWN 15 Call (covered)
$SHAK 40 Call (covered)
$HAIN 55 Call (clobbered oops covered)
$CMCM 13 Call (covered)
$HZNP 20 Call
$MU 14.5 Call
TOTAL LOSS
$CMG 390/400 BUPS (upset stomach)
$CMG 400/405 BUPS (too much to swallow)
SPX rolling
#SPXcampaign Using market timing this morning to execute some rolls. Closed spreads near the lows, now waiting for higher levels to sell the rolls.
Bought to close $SPX Aug 26th 2175/2200 call spreads for 11.00 (in pre-market). Sold for 12.10 on 7/22.
Partial roll: Sold to Open SPX Sept 9th 2140/2115 put spreads for 3.35
2nd half of roll: Will sell SPX Sept 9th 2200/2225 call spreads for 7.75, if it can fill today. If not, will add a contract or come down a strike.
Bought to close $SPX Aug 26th 2135/2160 for 22.25. Sold last Friday for 21.50. This is my continued experiment of rolling out a fully ITM spread, one week and one strike higher at a time. Looking to sell the Sept 2nd 2140/2165 spread for 22.40. Probably can’t get that price, so I will take what I can get and add a put spread to make up the difference.
Expired SPX
#SPXcampaign #OptionsExpiration Expired at this morning’s open: $SPX Aug 18th 2110/2085 put spreads. Sold for 2.50 on Aug 1.
SPX calls sold
#SPXcampaign Sold to Open $SPX Sept 15th 2235/2260 call spreads for 1.45, with SPX at 2185.
$SPX put spread
STO Sep 2 2090/2080 BuPS for 0.70.
This completes an iron condor with 2230/2220 call spread for total 2.20 credit.
SPX calls closed
#SPXcampaign Bought to close $SPX Aug 26 2230/2255 call spreads @ .20. Sold on Aug 5 @ 1.50.
SPX calls closed
#SPXcampaign Bought to close $SPX Aug 26th 2230/2255 call spreads for .20. Sold for 1.45 on July 29th.
SPX puts sold
#SPXcampaign Sold to Open Aug 26th 2150/2125 put spreads for 2.70, with SPX at 2179. An extra short-termer offsetting calls I previously sold at this expiration.
SPX puts sold
#SPXcampaign Sold to Open Sept 15th 2075/2050 put spreads for 1.60, with SPX at 2180.
SPX calls sold / puts closed
#SPXcampaign Sold to Open $SPX Sept 15th 2245/2270 call spreads for 1.65, with SPX at 2190.
Bought to close $SPX Aug 26th 2050/2025 put spreads for .20. Sold for 1.60 on July 28th.
SPX puts closed
#SPXcampaign In pre-market, Bought to Close $SPX Aug 26th 2040/2015 put spreads for .20. Sold for 1.30 on July 25th.
SPX monster
#SPXcampaign This morning I was a rolling fool. I have been managing my way (slowly) out of call spreads that were (and are being) crushed. It will either take a few months or one decent pullback to get me out. I’m being patient and aggressive at the same time.
And I’m using the experience to understand how to roll ITM. It is not as difficult as I thought, save for the fact that you experience large drawdowns and heavy margin requirements. But veterans of #VXXGame know all about that!
Bought to close $SPX Aug 18th 2130/2155 call spreads for 23.20. Sold as a roll for 6.35 on June 28th.
Rolled to: $SPX Aug 24th 2135/2160 call spreads for 21.50, and Aug 31st 2140/2115 put spreads for 2.45.
Here I am trying to do just a one-week roll, while moving one strike higher. Thinking is that whenever a correction comes, my call spread will drain of value more quickly with a near-dated spread. PLUS, near-dated actually have more spread premium than further ones (due to bigger difference between short and long strikes). Also added a slightly further-out put spread to bring in a credit on the roll.
Sold to Open Sept 9th 2080/2055 put spreads for 1.30, standard weekly spread.
Sold to Open Aug 24th 2140/2115 put spreads. Roll spread to offset calls sold earlier this week.
Good news is I have 2195/2220 calls and 2150/2125 puts expiring today. This was a similar roll two weeks ago from a partially ITM spread… so I can get out of these suckers!
I got busy this week and have not updated the SPX Chart… will do before Monday.
SPX calls sold
#SPXcampaign Sold to open $SPX Aug 31st 2210/2235 call spreads for 3.60, as a partial roll from stopped ITM spreads. We continue the grind higher, but it is slow enough that call spreads are working well, even fairly close to the money.
SPX call spread closed
#SPXcampaign Bought to close $SPX Aug 18th 2225/2250 call spreads for .20. Sold for 1.55 on July 22nd.
SPX puts sold
#SPXcampaign One standard campaign spread and one partial roll
Sold to Open $SPX Sept 9th 2060/2035 puts for 1.25, with SPX at 2176.
Sold to Open $SPX Sept 2nd 2125/2100 puts for 2.75, with SPX at 2178.
$SPX call spreads
STO Sep 23 2255/2265 for 1.00
STO Sep 2 2205/2215 for 2.90
SPX rolls
#SPXcampaign These are the rolls I’ve been dreading. In a case of bad timing, I didn’t close when we hit lows last week and got stuck closing at new highs. I would be holding through this if expiration was any later. I will be piecing together enough rolls to make up the loss.
Bought to close $SPX Aug 12th 2160/2185 call spreads for 19.95. Partially rolled:
Sold to Open $SPX Sept 2nd 2175/2200 call spreads for 14.40.
SPX calls sold
#SPXcampaign Sold to Open $SPX Sept 9th 2240-2265 call spreads for 1.35, with SPX at all-time high of 2186.
Selling these normal campaign spreads 30 days out around 10-delta has been working fine for weeks. I am still dealing with ATM and ITM rolled spreads that are the tough part. More on that to follow.
$SPX call spread
$SPX call spread
STO Sep 2 2220/2230 for 1.65
Options Expiration
Expired
$SPX 2105/2130 BUPS
$NUGT 150 Call
Expired/Assigned
$PCLN 1305/1355/1355/1405 Iron Condor
Assigned
$MGM 23.5 Call (Covered)
Closed Early (Feeling the Heat)
$SPX 8/12 2225/2200 BECS @ 56% Profit (Lower margin pressure)
$SPX 8/19 2260/2235 BECS @ 68% Profit (Lower margin pressure)
$FB 135/130 BECS @ 85% Profit
$BABA 80/85 BUPS @ 28% (Lowering position size)
Options Expiration 8/5/16
#OptionsExpiration
–Expiring–
$NUGT 120 put
$SPX 2145/2120 put spreads
$SPX 2125/2100 put spreads
Also, at the close, STO NUGT Sept 2nd 105 put for 3.10.
SPX call spread Aug. 31…
SPX call spread Aug. 31 2225/2235 for 1.00
SPX put spreads closed
#SPXcampaign
Bought to close Aug 19 2040/2015 put spreads @ .20 sold on July 21 @ 1.30.
Time to open more spreads. Have one IC left – Aug 26 2040/2015 put @ 1.40 by 2230/2250 call @ 1.50 going to have to watch the call side with new high at 2180.27.
Thanks, Jeff
SPX trades
#SPXcampaign
In pre-market, Bought to close Aug 12th 2080/2055 put spreads for .20. Sold as part of a condor-roll on July 15th.
Bought to close $SPX Aug 18th 2040/2015 put spreads for .20. Sold for 1.30 on July 19th.
Sold to Open $SPX Sept 2nd 2225/2250 call spreads for 1.60. I sold this spread on Monday as well… wanted to use the 2230 short for my second spread, but since I could only get about 1.10, I just doubled up on the 2225.
SPX calls closed
#SPXcampaign Earlier I closed the Aug 5th 2200 calls for .05 to clear up margin. A double-sized position that was sold as part of the 2200/2225 spread in two phases: for 1.30 on July 28th, and last week as part of a condor-roll for 1.49.
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 24th 2200/2225 call spreads for 2.80, with SPX at 2163.
SPX puts closed
#SPXcampaign Bought to close $SPX Aug 12th 2050/2025 put spreads for .40. Sold for 2.75 on July 8th. This was an over-sized position that I didn’t want to leave out there now that the market has shown some volatility. A successful roll in my build-back of call spread losses.
SPX calls closed
#SPXcampaign Bought to close $SPX Aug 3rd 2190 calls for .05. Sold as the 2190/2215 spread for 3.10 on July 22nd. Closed for margin management only.
SPX calls sold
#SPXcampaign Sold to Open $SPX Sept 2nd 2225/2250 call spreads for 1.40, with SPX at 2156.
SPX closures
#SPXcampaign Bought to close $SPX Aug 18th 2235/2260 call spreads for .60. Sold for 1.25 on July 18th.
Bought to close $SPX Aug 12th 2035/1985 put spreads for .60. These were told as two spreads, 2035/2010 for 1.30 on July 13th, and 2010/1985 for 1.25 on July 11th. Closing at once and a bit early to ease margin pressure should we continue dropping.
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 18th 2110/2085 put spreads for 2.50. This order filled at the low tick of the day, 2166.
SPX trades
#SPXcampaign Sold to Open $SPX Sept 2nd 2040/2115 put spreads for 1.35.
Bought to close $SPX Aug 12th 2235/2260 call spreads for .30
Expiration
$ALXN 117Put/136 Call (Straddle)
$NUGT 175 Call
$UVXY2 12 Call
$NUGT 120 Put
$NUGT 105 Put
$AMGN 162.5 Put (earnings play)
$GOOG 700/710 BUPS (Part of B/E Iron Condor)
$AMZN 640/650 BUPS
Closed 7/29 Early At Loss
$SPX 2180/2155 BECS
$SPX 2195/2170 BECS
$SPX 2175/2150 BECS
$GOOG 775/765 BECS (part of iron condor)
Assigned
$NUGT 160 Calls
$SVXY 60 Calls
Thanks for everyone’s help. Losing less on $SPX but
I will do better.
SPX puts closed
#SPXcampaign Bought to close $SPX Aug 3rd 2125/2100 put spreads for .20. Sold for 2.24 on July 21st.
Keep on Rollin’…
#SPXcampaign Sold the following rolls to the spreads stopped immediately below this post:
Sold to Open $SPX Aug 5th 2120/2145/2200/2225 iron condors for 3.60 (1.5x position size).
Sold to Open $SPX Aug 12th 2125/2150/2195/2220 iron condors for 8.15 (1.5x position size).
I only moved one additional week out on each. Feel fairly safe about next Friday’s condor, but the following one is more aggressive (needed more premium) so may have to roll one side (hopefully not both sides!)
SPX call spreads stopped
#SPXcampaign Exited these on the last dip:
Bought to close $SPX July 29th 2170 calls for 5.00. Part of 2170/2195 spreads sold for 2.10 on July 1st.
Bought to close $SPX Aug 5th 2165/2190 call spreads for 11.80. Sold for 1.45 on July 6th.
I will be rolling these.
SPX – taking my lumps
Taking lumps today on some SPX call spreads that I was ignoring, just thinking that I knew better than Mr. Market. Didn’t stick with discipline and now paying for it as this market continues to defy gravity.
Lesson: without sticking to discipline, you WILL have to pay the piper. Still up for the year, but hurting a bit today as I close some spreads that I should have managed earlier.
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 26th 2230/2255 call spreads for 1.45, with SPX at 2174.
SPX puts closed
#SPXcampaign Forgot to cancel this order! Bought to close $SPX July 29th 2140/2115 put spreads for .15. Sold for 2.05 on July 20th.
CBOE details on SPX Monday Expirations
http://ir.cboe.com/press-releases/2016/07-11-2016-193925310.aspx
SPX Monday-Expiring Weeklys Options to…
SPX Monday-Expiring Weeklys Options to Launch on August 15
WOW!!
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 5th 2200/2225 call spreads for 1.30, with SPX at 2163. Expire in 6 trading days.
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 26th 2050/2025 puts for 1.60, with SPX at 2160.
SPX Expirations 7/27/16
#OptionsExpiration
$SPX 2185/2210 calls, sold last week for 1.70 (401k accounts only)
$SPX 2130/2105 puts, sold for 2.60 on July 14th
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 5th 2125/2100 put spreads for 2.75, when SPX was at 2162. Since my standard spreads for this expiry were already closed, sold this extra spread to offset call spreads that are still open.
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 26th 2235/2260 call spreads for 1.40, with SPX at 2167.
SPX closed August 12, 2000…
SPX closed August 12, 2000 2025 put spread, got 60%, I know it’s a down day, preparing for a little correction.
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 26th 2040/2015 put spreads for 1.40, with SPX at 2167.
Options Expiration 7/22
Expired
$NUGT 250 Call
$NUGT 195 Call
$AAPL 100 Call (Covered)
$BIIB 240 Put (Earnings Play)
$MSFT 52 Put (Earnings Play)
$UVXY 30 Call
$SPX 1945/1970 BUPS
Closed on 7/22 Early
$SPX 7/29 1950/1975 BUPS @95%
Assigned
$UVXY @7
$SVXY @59.5
Lost All
$SPX 2135/2110 BECS
$SPX 2140/2115 BECS
Relax this weekend. NYC area nice and hot!
Expired SPX 2180/2185 calls
Expired SPX 2180/2185 calls
SPX call roll
#SPXcampaign #Rolling Was hoping to slip out of this spread next week, but the continued rally makes it too dangerous.
Bought to close $SPX July 29th 2165/2190 call spreads for 12.00. Sold as part of a condor-roll for 6.05 on June 30th.
Sold to Open $SPX Aug 26th 2175/2200 call spreads for 12.10.
..and more calls sold
#SPXcampaign Sold these before the other two, but forgot to post:
Sold to Open $SPX Aug 3rd 2190/2215 call spreads for 3.10.
SPX spreads sold in 401K
#SPXcampaign Since the 401K accounts I manage are Reg T margin, any put spread in a given expiry can be offset by a call spread margin free. Since I have the July 27th 2130/2105 put spreads, I sold the following:
Sold to Open $SPX July 27th 2185/2210 call spreads for 1.70, with SPX at 2166.
I feel we’re hitting at resistance and any move higher will be slower. I also did NOT sell these in my main Portfolio Margin account, as margin is not calculated in the same way.
SPX calls sold
#SPXcampaign Sold to Open $SPX Aug 18th 2225/2250 call spreads for 1.55, with SPX at 2166.
SPX puts sold earlier
#SPXcampaign Sold to Open $SPX Aug 19th 2040/2015 puts @ 1.30, with SPX @ 2162.50.
Thanks, Jeff
SPX 11 Hour expires tomorrow
#SPXcampaign STO July 22 2185/2190 calls waiting for a fill @ .30 will take .25 or adjust strikes up later.
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 18th 2055/2030 puts for 1.30, with SPX at 2167.
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 3rd 2125/2100 for 2.25, with SPX at 2167
Anyone doing a SPX bonus…
Anyone doing a SPX bonus spread for tomorrow?
SPX puts expire & puts close
#SPXcampaign Last night, $SPX July 20th 2135/2110 put spreads expired. Sold for 1.50 last Friday.
In pre-market, bought to close $SPX July 29th 2075/2050 put spreads for .20. Sold for 2.90 on July 9th.
SPX puts sold
#SPXcampaign Sold to Open $SPX July 29th 2140/2115 put spreads for 2.05, right before bell with the small spike down to 2172.
SPX spread adjustment
Rolled short Aug 31 1900 puts up to 2000 for 2.65 credit. Gradually rolling up over last few weeks. Doubt if I go any higher since this is now sitting at the Brexit low.
SPX Mid Week 11 Hour Iron Condor
BTC July 20 2175/2180/2140/2135 @ .25 sold yesterday @ .50. Closed put side for no commission, call side bought at .25, as momentum moving to breach 2175 short, SPX now at 2173.70. TDA made money, while I live to trade another day…
SPX ITM calls sold
#SPXcampaign This completes my roll from the ITM call spread that was stopped Friday. I sold these in three batches: 11.80, 12.50, and 14.10
Sold to Open $SPX Aug 12 2160/2185 call spreads for 14.10, with SPX at 2172.
Again, this is NOT the best way to play this strategy… but I got stuck with too many call spreads after Brexit and now am managing ATM & ITM rolls until we get a significant pullback. If no pullback comes, I will be rolling mysteries higher until I’m out.
SPX Mid Week 11 Hour…
SPX Mid Week 11 Hour Iron Condor STO 2175/2180/2140/2135 @ .50 filled at close.
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 18th 2040/2015 put spreads for 1.30, with SPX at 2160.
Options Bistro 