Bought to Close SPX JUN 30 2016 2200/2225 Bear call spreads @ .25 (sold for 1.75)
Bought to Close SPX JUL 29 2016 2225/2250 Bear call spreads @ .25 (sold for 2.05)
Category Archives: SPX Campaign
SPX calls closed
#SPXcampaign Bought to close $SPX June 10th 2145/2170 call spreads for .20. Sold for 1.90 on May 10th.
SPX Squeeze observation.
There is a squeeze in progress in the SPX monthly chart.
In the past, each time that it happened the SPX went to make huge moves.
5/08 down; 9/00 down; 3/95 up; 2/91 up; 1/84 up. It doesn’t happen often, but when it does, the SPX moves big. Missed the 7/2012 squeeze which lasted for 2 months and went up after if fired for 3 years.
SPX puts sold
#SPXcampaign Sold to Open $SPX June 10th 1900/1875 put spreads for 1.30, with SPX at 2032. Meanwhile, approaching stops on a few other put spreads.
$SPX Closed June 10, 2145/2170…
$SPX Closed June 10, 2145/2170 BeCS for .35, sold for 1.42 on May 10.
$XRT Sold September 16 40/35 BuPS for 1.50. This is a retail ETF, really beaten down. Also bought a couple Sept. 46 calls at .23. Hopefully WalMart doesn’t drag it down further.
SPX calls sold
#SPXcampaign Sold to Open $SPX June 1st 2105/2130 call spreads for 1.50. Selling these as a roll and offsetting a put spread I have to create an iron condor for this expiry (Wednesday weeklys).
SPX call spreads closed
#SPXcampaign Away from desk yesterday, Jun3 2140/2165 call spreads closed Tuesday @ .20. Need more call spreads have only one left!?
SPX calls closed
#SPXcampaign Bought to close $SPX June 3rd 2140/2165 call spreads for .20. Sold for 1.35 on May 5th.
SPX put spreads
Sold SPX JUL 29 2016 1800/1775 Bull put spreads @ 1.70
Legs me into the iron condor against 2225/2250 call spreads sold a few weeks ago.
SPX puts sold
#SPXcampaign Sold to Open $SPX June 16th 1895/1870 put spreads for 1.30, with SPX at 2048.
SPX calls closed
#SPXcampaign Bought to close $SPX Mar 27th 2125/2150 call spreads for .20. Sold for 1.30 last Thursday.
$SPX Closed May 27 1915/1940…
$SPX Closed May 27 1915/1940 BuPS for .35 freeing up margin to STO
June 30, 2170/2190 BeCS for 1.20
SPX calls sold
#SPXcampaign Sold to Open $SPX June 10th 2135/2160 call spreads for 1.45, with SPX at 2070.
SPX call spreads
Jun and July looking pretty safe so heading out to August…
Sold SPX AUG 31 2016 2225/2250 Bear call spreads @ 1.60
#SPXcampaign STO $SPX 17 JUN…
#SPXcampaign STO $SPX 17 JUN 16 2140/2165 BeCS @1.30
#SPXcampaign STO $SPX 24 JUN…
#SPXcampaign STO $SPX 24 JUN 16 2160/2185 BeCS @1.20
SPX call spreads sold
#SPXcampaign Sold to Open $SPX June 16th 2140/2165 call spreads for 1.35, with SPX at 2054.
Expired Full Profit
$SPX 2115/2090 BECS
$FB 95/100 BUPS
$NUGT 69/75 BUPS
$NUGT 101 Call
$NUGT 125 Call
$NUGT 65 Put
$NUGT 77.5 Put
$UVXY 19 Call (covered)
$AAPL 95 Call (covered)
Full Loss
$TSLA BTO 200 Put
Closed out for Loss
$UVXY 15 Put 172% loss
$UVXY 16 Put 66% Loss
Assigned
$TWTR 16 Put Basis 14.95
Thanks to all who share their knowledge and trades
SPX calls added
#SPXcampaign To juice up the rolls just made, I added a small call spread to the May 27th expiry, since I am overweight puts that week:
Sold to Open $SPX May 27th 2105/2130 call spreads for 1.10.
SPX puts stopped and rolled
#SPXcampaign #Rolling Down move today stopped me on some spreads I was fairly aggressive with earlier this week.
Bought to close $SPX May 25th 2010/1985 put spreads for 3.70. Sold for 1.70 on Wednesday. Rolled to…
Sold to Open SPX June 1st 1980/1955 put spreads for 2.55 (1.5x contracts). This was a Wednesday to Wednesday roll.
Bought to close SPX May 19th 2015/1990 put spreads for 3.10. Sold for 1.30 on Wednesday. Rolled to…
Sold to Open SPX May 27th 1980/1955 put spreads for 2.25 (1.5x contracts)
SPX calls closed
#SPXcampaign Bought to close $SPX June 3rd 2150/2175 call spreads for .20 (earlier). Sold for 1.60 on May 2nd
Bought to close May 25th 2125/2150 call spreads for .20. Sold for 1.50 on Wednesday.
#SPXcampaign STO $SPX JUL 8…
#SPXcampaign STO $SPX JUL 8 2016 1825/1800 BuPS @1.50
#SPXcampaign Bought to close $SPX…
#SPXcampaign Bought to close $SPX JUN 10 2016 2150/2175 call spreads for .40. Sold for 1.50 on MAY 11 2016, reached its 80%
#SPXcampaign Bought to close $SPX…
#SPXcampaign Bought to close $SPX May 27th 2130/2155 call spreads for .30. Sold for 1.25 on MAY 10 2016, no need to wait for next week for to buy it at 80%
SPX call spread closed
#SPXcampaign Bought to close $SPX June 16th 2175/2200 call spreads for .30. Sold for 2.75 on March 18th as a roll. This was a longer term attempt that worked nicely.
SPX calls closed
#SPXcampaign Bought to close $SPX May 27th 2135/2160 call spreads for .30. Sold for 2.25 on April 29th as a roll.
SPX puts sold
#SPXcampaign Sold to open $SPX June 3rd 1965/1940 put spreads for 1.45, with SPX at 2065.
#SPXcampaign Sold to Open $SPX…
#SPXcampaign Sold to Open $SPX JUN 30 2016 1835/1805 BuPS @1.40
#SPXcampaign Sold to Open $SPX…
#SPXcampaign Sold to Open $SPX JUL 15 2016 1835/1805 BuPS @2.05
SPX condor
STO Jun 24 2185/2175/1920/1910 @1.50.
SPX calls sold
#SPXcampaign Sold to Open $SPX May 27th 2125/2150 call spreads for 1.30. Sadly, this was a previously stopped spread as SPX rallied above 2110. Now it goes back on, hopefully to die silently rather than violently.
SPX put spread sold
#SPXcampaign Sold to Open $SPX May 19th 2015/1990 put spreads for 1.30, with SPX at 2076. This will complete my rolls for the May 19th expiry, since I stopped a put spread on April 29th.
SPX completing iron condor.
STO Jun 3 2150/2140 call spread for 0.75.
This completes IC. Previously sold 1950/1940 put spread for 0.70.
Complete IC for 1.45 credit.
SPX spreads sold
#SPXcampaign Sold to Open $SPX May 25th (Wednesday) 2010/1985 put spreads for 1.70 and 2125/2150 call spreads for 1.50; a condor roll from stopped call spread this morning.
Sold to Open $SPX June 10th 1950/1925 put spreads for 1.40.
SPX calls closed
#SPXcampaign Bought to close May 13th 2090/2115 call spreads for 2.90. Sold on Friday for 1.50. Will look to roll today.
Risk certainly back On
#SPXcampaign I’m stuck with this week’s 2090/2115 call spread. I have been trying to get out for past hour, but rally won’t stop. Looking to roll up to March 24th Wednesday weekly 2120/2145 with 1.5x contracts. I would then add a put spread as well to balance out margin and premium.
SPX calls sold
#SPXcampaign Sold to open $SPX June 10th 2145/2170 call spreads for 1.40, with SPX at 2071.
$SPX following rknight with a…
$SPX following rknight with a twist STO #ironcondor June 24 1900/1890/2160/2170 for 1.70. I have a SPY condor on June 20 so went out a week.
Edited for proper strikes
$SPX iron condor
STO Jun 17 2160/2150/1900/1890 for 1.30.
$SPX calls closed
BTC Jun 3 2210/2200 call spread for 0.05. Originally sold on 4/27 for 0.95.
$SPX closed June 3 2150/2175…
$SPX closed June 3 2150/2175 call spread for .73, sold May 2 for 1.57, that 50% thing
$NUGT I think it’s my first NUGT trade, STO May 13 75/69 BuPS for .80 Thanks to all of you who trade NUGT
Options Expiration May 6
Closed Early
$SPXW 2160/2135 5/13 BECS 90% profit
$SPXW 2160/2145 5/13 BECS 86% profit
$GOOGL 775/770 5/20 BECS 89% profit
Full Profit
$UVXY $18Call (covered)
$NUGT 77.5 Put
$SPXW 2170/2145 BECS
$SPXW 2150/2125 BECS
$SPXW 1810/1915 BUPS
$SPXW 1900/1925 BUPS
$SPXW 1985/2010 BUPS
Roll
$NUGT 5/6 95 Call to $NUGT 5/13 101 Call
SPX puts closed
#SPXcampaign Right before the bell, bought to close $SPX May 13th 1960/1935 put spreads for .20. Sold for 1.35 on April 15th.
Options Expiration 5/6/16
— Expiring —
$DATA 51 call (see separate post)
$NUGT 90 put
$SPX 2010/1980 put spreads
$SPX 2130/2155 call spreads
$UVXY 13.5 puts
— Assignment —
$UVXY 16 put, taking stock… not worried that we’ll be above 16 at some point next week
$DATA 51 put – (see separate post)
— #Earnings Loss —
$BABA 71/73/77 broken-wing put fly
SPX puts closed
#SPXcampaign Bought to close $SPX May 11th 1980/1955 put spreads for .20. Sold for 1.30 on Wednesday.
Short-term call spread sold
#SPXcampaign With SPX at 2048, sold to open $SPX May 13th 2090/2115 call spreads for 1.50.
SPX calls closed
#SPXcampaign In pre-market right after jobs report, bought to close $SPX May 19th 2140/2165 call spreads for .20. Sold for 1.25 on Monday.
SPX calls closed
#SPXcampaign Bought to close $SPX May 27th 2165/2190 call spreads for .20. Sold for 1.50 last Thursday.
SPX calls sold
#SPXcampaign Sold to Open $SPX June 3rd 2140/2165 call spreads for 1.35, with SPX at 2055.
SPX puts closed
#SPXcampaign In Pre-market, bought to close May 6th 2025/2000 put spreads for .70. Sold for 3.10 on April 15th as a roll. Closed to avoid any risk into Friday and jobs report.
SPX going down, VIX going…
SPX going down, VIX going up; but no panic yet. We got close on Friday but have not yet fired any Downside signals on the Bistro VIX Indicator. This is why I have sold two near-term put spreads today on the spikes down; I’m cautious, but expecting more to see a drift downward than a big flush. I’m hoping for a rally tomorrow which I will sell into.
More SPX puts
#SPXcampaign — White knuckling it through some more short-term spreads:
Sold to Open $SPX May 11th (Wednesday) 1980/1955 put spreads for 1.30.
SPX same-week puts
#SPXcampaign Sold to Open $SPX May 6th 2010/1985 put spreads for 1.40, with SPX at 2051.
SPX put spreads
Sold SPX JUN 30 2016 1825/1800 Bull put spreads @ 1.40
These are against 2200/2225 call spreads…
SPX Campaign – closed $SPX…
SPX Campaign – closed $SPX May 19th 2155/2180 call spreads at .20, sold for $1.60 on 4/14.
SPX calls closed
#SPXcampaign Bought to close $SPX May 19th 2160/2185 call spreads for .20. Sold for 1.75 on April 18th.
SPX trades
#SPXcampaign
Sold to Open $SPX June 3rd 1910/1885 put spreads for 1.35
Bought to close $SPX May 13th 2145/2170 call spreads for .20. Sold for 1.35 last Thursday.
Another call spread added
#SPXcampaign Sold to Open $SPX May 19th 2140/2165 call spreads for 1.25
SPX calls closed
#SPXcampaign Bought to close $SPX May 13th 2150/2175 call spreads for .20. Sold for 1.67 in mid-April. I have more call spreads than put spreads so closing these releases margin.
SPX calls sold
#SPXcampaign Sold to Open $SPX June 3rd 2150/2175 call spreads for 1.60.
Expired With Max Profit
$UVXY $30 C (Covered)
$UVXY $17 C (Covered)
$UVXY $18 C (Covered)
$NUGT $55P
$AAPL $98C (Covered)
$AAPL $109C (Covered)
$SPXW 2160/2135 BECS
$SPXW 2000/2025 BUPS
Assigned
$AAPL $98P (Ouch)
$UVXY $17C (Double Ouch $27.16 basis)
Next Week SPX Outlook/perspective
Upside: SPX ran into upside resistance at 2102, so the move higher has been delayed.
Downside: There is a strong technical support around 2040 which aligns with 50 day moving average, Fibs retracement 68% and Bollinger Lower Band.
200 SMA – 2010
100 SMA – 1999
My Charts:
Fibs: https://www.tradingview.com/x/YnZW9JGp/
MA : https://www.tradingview.com/x/0EFppX7R/
Options Expiration 4/29/16
Just a couple…with max profits
SPX 2135/2160 call spreads.
SPX 2035/2010 put spreads.
Options Expiration 4/29/16
#OptionsExpiration
— Expiring w/max profit —
$FB 98, 100, 103 and 105 puts
$NUGT 50, 60, and 70 puts
$SPX 2135/2160 call spreads
–Expiring w/losses–
$AAPL 100/104/108 iron butterfly
$CMG 470/480/490 call butterfly (won with the put side)
$PYPL 42 long calls
— Assignments —
$DATA 49 covered call – stock called away
$SVXY 50 covered call – stock called away
#OptionsExpiration for 4/29 Expiring: $NUGT…
#OptionsExpiration for 4/29
Expiring:
$NUGT 04/29/2016 120 calls
$NUGT 04/29/2016 35 puts
$NUGT 04/29/2016 55 puts
$TSLA 04/29/2016 275 calls
$CMG 04/29/2016 392.50 puts
$FB 04/29/2016 100 puts
$SPX 04/29/2016 2135/2160 call spreads
$SPX 04/29/2016 2140/2165 call spreads
Taking full loss:
$AAPL 04/29/2016 100/104/108 iron butterfly
Assignments:
$HAL 04/29/2016 37 calls (covered)–stock will be called away
Have a great weekend everyone
SPX calls sold
#SPXcampaign Sold to Open $SPX May 27th 2135/2160 call spreads for 2.25 as a roll.
SPX puts stopped early
#SPXcampaign Bought to close $SPX May 19th 1975/1950 put spreads for 2.50. Sold for 1.30 on April 20th.
Bought to close $SPX May 27th 1950/1925 put spreads for 2.25. Sold for 1.25 yesterday.
Closed these two before the 3.00 stop level to avoid waking up Monday to a bloodbath. I had too many put spreads that would all hit their stops at about the same time. Leaving plenty of risk on, but lightening the load. Now I’ll consider a call spread on rally into close.
VIX indicator
Although we thus far have fallen short of triggering a Downside signal, I’m removing the Upside Warning that’s been in effect since March 15th. It served its purpose, albeit a little late, as the market has remained strong since the Feb 11th low. If we don’t get a downside warning, keep call spreads at 2135 or higher. But if we continue lower, Downside signals are likely to be hit next week (if not today). The first signal is 17.21 (high today so far is 17.09)… if that’s not hit today, it will be adjusted to 18.75 and 19.03 for Monday. I will be looking at taking off at least one put spread today before their stops are hit to reduce downside risk going into weekend.
SPX puts stopped
#SPXcampaign Bought to close $SPX May 11th (Wednesday) 2050/2025 puts spreads for 7.60. Sold for 3.50 on April 21st as a roll. Will look to sell an IC as a roll.
SPX calls closed
#SPXcampaign Bought to close $SPX May 6th 2140/2165 call spreads for .20. Sold for 1.25 on Apr 18th.
SPX puts sold
#SPXcampaign Sold to Open $SPX May 27th 1950/1925 put spreads for 1.25, with SPX at 2085.
SPX call spreads sold
#SPXcampaign Keep missing the put spread fills on the down moves. Need to be more aggressive since every dip is bought.
Sold to Open $SPX May 13th 2145/2170 call spreads for 1.35 (as a partial roll to earlier stopped spreads)
Sold to Open $SPX May 27th 2165/2190 call spreads for 1.50 (standard weekly spread)
SPX calls closed
#SPXcampaign In pre-market, bought to close Apr 29th 2125/2150 call spreads for .40. Sold for 1.35 on March 28th. Put on the close order yesterday as an attempt to exit before Fed… didn’t fill during the day. I wish I’d remembered to take the order off when I saw futures were down before bed (or at least lowered to .20). But, I’ll take the winner anyway.
SPX calls stopped
#SPXcampaign Bought to close $SPX May 27th 2125/2150 call spreads for 6.00. Sold for 4.50 on March 29th. Not a bad loss, but the call side continues to be toxic. I am reserving any and all calls for above 2150. I will look for roll options to replace this loss.
SPX puts closed
#SPXcampaign In pre-market, bought to close $SPX Apr 29th 2025/2000 put spreads for .25. Sold for 1.30 last Tuesday.
Options Bistro 