#VXXGame BTC $UVXY Jan 15th 150 calls for .05. Sold for .85 on Dec 18th.
Category Archives: VXXGame
UVXY puts
Back in…still mainly a hedge for a long SVXY position so don’t mind rolling them a few times.
Sold UVXY JAN 8 2016 29.5 Puts @ .96
$SVXY $UVXY
BTC SVXY Jan 29 $63 calls @ $0.05
BTC UVXY Jan 8 21.5 puts @ $0.02
$UVXY
BTC Jan 15 $21 puts @ $0.02, sold for $0.50
BTC Jan 8 $24.50 puts @ $0.02, sold for $0.51
UVXY puts
Staying aggressive hedging my SVXY puts…playing with a little house money after closing a decent size similar position yesterday.
Sold UVXY JAN 8 2016 29.0 Puts @ 1.15
$UVXY $VXX
Was away from the market all day today. Got back 15 mins before the close. Got a couple of trades filled.
STO $VXX Feb 19 $33 calls @ $1.00
STO $UVXY Mar $165 call @ $2.50 (adding to position)
STO $UVXY Jan 22 $80 calls @ $0.92
STO $UVXY Jan 29 $80 calls @ $1.40
Not the best fills as by the time I got to trade, the market was well off it lows. Kept things very small just in case this is a multi-day event.
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Jan 08 2016 75.0 Calls @ 0.15. Adding to my position.
Now only 4 1/2 days until expiration. Tick Tock.
Check out the 60 minute chart. Today’s 34 high is about equal to the 12/18/15 high right around the same level. Resistance maybe?
$SVXY #ShortPuts – I actually…
$SVXY #ShortPuts – I actually don’t want any more stock, but not passing up a 10% return on cash for a six month option.
Sold 1 SVXY Jun 17 2016 30.0 Put @ 3.10
UVXY puts
Bought to Close UVXY JAN 8 2016 26.0 Puts @ .20 (sold for 1.20 up to 1.40 on Thursday)
Closing SVXY Feb 5 $62…
Closing SVXY Feb 5 $62 covered call @ .55 sold @ 1.88 on 12/22 for 67%…
$UVXY – Prices on calls…
$UVXY #ShortCalls – sold these at to the open. All expire Friday –
Sold UVXY Jan 08 2016 55.0 Calls @ 0.26
Sold UVXY Jan 08 2016 60.0 Calls @ 0.16
Sold UVXY Jan 08 2016 65.0 Calls @ 0.13
Sold UVXY Jan 08 2016 70.0 Calls @ 0.11
Sold UVXY Jan 08 2016 75.0 Calls @ 0.11
Sold UVXY Jan 08 2016 80.0 Calls @ 0.11
Expirations Full Profit
$SPXW 1935/1960 BUPS
$SPXW 1985/2010 BUPS
$UVXY 27P
$UVXY 24P
$IONS 58P
#Option Expiration
$SVXY #OptionsExpiration
Expired
$SVXY Dec 31st 52 Call
$SVXY Dec 31st 56 Call
$SVXY Dec 31st 45 Put
Options Expiration 12/31
I was away from my desk for the last couple of hours of trading. While I was out, I had to close a position I thought was probably safe earlier in the day; it proved not to be the case so I wanted to avoid assignment. Bought to close $NFLX Dec 31 115 puts @ .49. Was able to still take out over 70% of max profit.
Expirations:
$NUGT 12/31/2015 34.00 calls
$UVXY 12/31/2015 56.00 calls
No assignments this week.
Have a fantastic (and safe) New Years everyone. To a happy, healthy and prosperous 2016!
#OptionsExpiration #Weeklys #Dec31 #EndOfYear -…
#OptionsExpiration #Weeklys #Dec31 #EndOfYear – One last week with 100% of the short Options sold expiring with 100% of the max Profit.
I love selling premium, and I love weekly expirations.
CMG (Weekly) Dec 31 2015 400 Puts
KSU (Weekly) Dec 31 2015 75 Calls (Covered)
NUGT (Weekly) Dec 31 2015 35 Calls (Covered)
SVXY (Weekly) Dec 31 2015 53 Calls (Covered)
SVXY (Weekly) Dec 31 2015 54 Calls (Covered)
SVXY (Weekly) Dec 31 2015 65 Calls (Covered)
SVXY (Weekly) Dec 31 2015 70 Calls (Covered)
SVXY (Weekly) Dec 31 2015 71 Calls (Covered)
UVXY (Weekly) Dec 31 2015 20 Puts
UVXY (Weekly) Dec 31 2015 56 Calls (Covered)
WYNN (Weekly) Dec 31 2015 64.5 Puts (Covered)
XOP (Weekly) Dec 31 2015 31.5 Calls (Covered)
Happy New Year everyone
#OptionsExpiration
I was just popping in for a moment. Will be away for the rest of the day. Since I knew I was traveling and visiting family over the holiday’s, I purposely had very few options contracts this week.
A bit of an early ball spike but here is my lone remaining option expiring today:
$UVXY $24 puts
Have a great new years everyone. See you next week.
Kelly
UVXY puts
#VXXGame STO $UVXY Jan 15th 23 puts for .90
STO UVXY Jan 22nd 22 puts for 1.00
STO UVXY Jan 22nd 22/20 put spreads for .55 (smaller account)
$SVXY
Popping in to wish everyone a Happy New Year! and put on a covered call. Sold Jan 15 55 Covered Call, @ 1.05. Replacing what expires today. As usual I was a tad early and sold right before the pop. May all your trades be profitable in the coming year.
UVXY puts
$UVXY – Putting the hedge back on a strike lower next week. Margin free against Jan monthly 35/50 45/60 55/70 55/75 bear call spreads. Half position so far…Jeff is right…these are pretty easy to roll down especially if VIX stays above 15 or so. Plenty of SVXY will be doing great if these get too far in the money.
Sold UVXY JAN 8 2016 26.0 Puts @ 1.20
Sold UVXY JAN 8 2016 26.0 Puts @ 1.30
Sold UVXY JAN 8 2016 26.0 Puts @ 1.35
Sold UVXY JAN 8 2016 26.0 Puts @ 1.40
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Mar 18 2016 165.0 Calls @ 1.71. Highest available strike price for this month.
SVXY UVXY…trimming the hedges
Taking off a very profitable weekly hedge. Went against the grain a little but paid nicely. Will re-load on any strength.
Bought to Close UVXY DEC 31 2015 27.0 Puts @ .15 (sold for 1.40)
Bought to Close SVXY DEC 31 2015 52.0 Calls @ .15 (sold for 1.40)
SVXY puts
Opened my first position in February. Sold $SVXY Feb 19 35.00 puts @ 1.10.
#VXXGame
Trades
STO $KOLD 5/20 $310C @ 8.8 Thanks Iceman
STO $KOLD 5/20 $275C @ 7.3 Thanks Iceman
STO $KOLD 5/20 $114P @ 1.3 Thanks Iceman
BTO Cov Call $CLVS 1/15 35C @ 32.5 net
BTO Cov Call $GPS 2/19 26C @ 24.55 net Thanks Forexpro
STO $AMZN 1/15 640/650 BUPS @1.15
STO $NFLX 1/15 110/115 BUPS @ 1.15
STO $SPXW 1/8 1975/2000 BUPS @1.25 Thanks Jeff
STO $UVXY 1/15 22P and 2oP @ 1 and .45 Thanks Iceman
STO $THC 2/19 25P @.7 Thanks Ramie
$UVXY
STO Jan 15 $21 puts @ $0.50 to replace $24 puts that should expire worthless on Thursday.
UVXY puts
#VXXGame STO $UVXY Jan 15th 22 puts for 1.10. Added to the 20 puts previously sold.
$SVXY
Popped in to see how the world was shaping up. Decided to close my Dec 31st 48 Puts for 0.25. Originally sold Dec 16 for 1.40 and a bit of heat from GG for being early. I was early so I’m glad it has worked out well. Have a great New Year if I don’t pop back in later this week.
$SVXY #CoveredCalls – I have…
$SVXY #CoveredCalls – I have been selling these strikes for several weeks. They have all expired so far.
Sold SVXY Dec 31 2015 53.0 Calls @ 0.50.
Sold SVXY Dec 31 2015 54.0 Calls @ 0.26.
Both sold against Long stock purchased below the strike prices. These expire in 4 days.
$UVXY # ShortCalls – Sold…
$UVXY #ShortCalls – Sold 1 UVXY Feb 19 2016 60.0 Call @ 2.80. Highest available strike price
Options Expiration
Much better than last week
Full Profit
$SPXW 1910/1935 BUPS
$SPXW 1965/1990 BUPS
$SVXY 40P
$SVXY 50P
$UVXY 23.5P (thank you Iceman)
Partial profit
$UVXY 28P (Closed @ 40% profit to avoid assignment)
$UVXY 27P (Closed @ 75% profit to avoid assignment)
#OptionsExpiration #Dec24 Weeklys – Nice…
#OptionsExpiration #Dec24 Weeklys – Nice Christmas present for a short trading week. No assignments.
— Expired —
CMG (Weekly) Dec 24 2015 420 Puts
NUGT (Weekly) Dec 24 2015 35 Calls (Covered)
NUGT (Weekly) Dec 24 2015 36 Calls (Covered)
SVXY (Weekly) Dec 24 2015 41 Puts
SVXY (Weekly) Dec 24 2015 53 Calls (Covered)
SVXY (Weekly) Dec 24 2015 54 Calls
SVXY (Weekly) Dec 24 2015 65 Calls (Covered)
SVXY (Weekly) Dec 24 2015 66 Calls (Covered)
SVXY (Weekly) Dec 24 2015 70 Calls (Covered)
SVXY (Weekly) Dec 24 2015 71 Calls (Covered)
UVXY (Weekly) Dec 24 2015 20 Puts
UVXY (Weekly) Dec 24 2015 20.5 Puts
UVXY (Weekly) Dec 24 2015 21 Puts
UVXY (Weekly) Dec 24 2015 21.5 Puts
UVXY (Weekly) Dec 24 2015 22 Puts
UVXY (Weekly) Dec 24 2015 22.5 Puts
UVXY (Weekly) Dec 24 2015 23.5 Puts
UVXY (Weekly) Dec 24 2015 24.5 Puts
UVXY (Weekly) Dec 24 2015 43 Calls (Covered)
UVXY (Weekly) Dec 24 2015 43.5 Calls (Covered)
UVXY (Weekly) Dec 24 2015 44 Calls (Covered)
UVXY (Weekly) Dec 24 2015 44.5 Calls (Covered)
UVXY (Weekly) Dec 24 2015 45 Calls (Covered)
UVXY (Weekly) Dec 24 2015 46 Calls (Covered)
UVXY (Weekly) Dec 24 2015 55 Calls
UVXY (Weekly) Dec 24 2015 70 Calls
WYNN (Weekly) Dec 24 2015 57 Puts (Covered)
Options Expiration 12/24/15
#OptionsExpiration Expiring with 100% of max profit…
$SPX 1990/1965 put spreads
$UVXY 50 calls
$VLO 67 covered puts
Happy Holidays to everyone! Thanks for making the early days of Bistro so successful. I look forward to growth and much more in 2016.
VXX long put
#VXXGame Sold to close $VXX March 25 put for 7.50. Bought for 5.00 on Sept 2nd. This was a GTC order to collect 50% on the trade, filled today.
$UVXY #ShortPuts #VXXGame – these…
$UVXY #ShortPuts #VXXGame – these are paired with short calls and a lot of long SVXY stock (if UVXY falls, SVXY rises)
Sold UVXY(Weekly) Dec 24 2015 24.5 Puts @ 0.13 – these expire at 1:00pm tomorrow
Sold UVXY(Weekly) Jan 8 2016 20.0 Puts @ 0.41
Sold UVXY Jan 15 2016 20.0 Puts @ 0.85
Sold 1 UVXY(Weekly) Jan 22 2016 20.0 Put @ 1.22
Sold 1 UVXY(Weekly) Jan 29 2016 20.0 Put @ 1.63
$SVXY #CoveredCalls #VXXGame – SVXY…
$SVXY #CoveredCalls #VXXGame – SVXY is climbing toward resistance at 54, so I’m trying to top tick some covered calls
Sold SVXY Feb 19 2016 65.0 Calls @ 1.45
Sold SVXY Feb 19 2016 70.0 Calls @ 0.60
Sold SVXY Mar 18 2016 70.0 Calls @ 1.40
Sold SVXY Jun 17 2016 80.0 Calls @ 1.95
Sold SVXY Jun 17 2016 85.0 Calls @ 1.30
UVXY spreads
#VXXGame Sold to Open $UVXY Jan 8th 22/20 put spreads for .55, in my 401K and smaller accounts.
$UVXY #ShortPuts #VXXGame – Sold…
$UVXY #ShortPuts #VXXGame – Sold UVXY Feb 19 2016 13.0 Puts @ 0.38. Late fill at 4:15 and my first trade in Feb for this stock.
UVXY puts
#VXXGame After-hours fills:
STO $UVXY Jan 8th 22 puts for .92
STO $UVXY Jan 15th 20 puts for .80
$SVXY
$UVXY #ShortPuts – hoping that…
$UVXY #ShortPuts – hoping that the drop in UVXY translates into a rally for SVXY –
Sold 1 UVXY(Weekly) Jan 22 2016 20.0 Put @ 1.13
Sold 1 UVXY(Weekly) Jan 29 2016 20.0 Puts @ 1.55
$UVXY #ShortPuts – hoping that…
$UVXY #ShortPuts – hoping that the drop in UVXY translates into a rally for SVXY –
Sold UVXY(Weekly) Jan 08 2016 20.0 Puts @ 0.35
Sold UVXY(Monthly) Jan 15 2016 20.0 Puts @ 0.73
$SVXY #CoveredCalls #IRA – Sold…
$SVXY #CoveredCalls #IRA – Sold SVXY Feb 19 2016 65.0 Calls @ 1.25
SVXY calls
Taking these off the table since they’re not technically covered…they’re just a short put offset.
Bought to Close SVXY JAN 15 2016 60.0 Calls @ .70 (sold for 1.35)
$SVXY Covered Call
Sold $SVXY Feb 19 63 call @ 1.55
$SVXY #CoveredCalls – Sold 10…
$SVXY #CoveredCalls – Sold SVXY Jun 17 2016 80.0 Calls @ 1.80. Adding to my position.
$SVXY #CoveredCalls
Spent some time thinking last night about how $SVXY is trading and the potential for additional volatility over the next month or two. I have been selling short term calls (about 2 – 3 weeks out) at a level that would provide me a profit and would be OK having the stock called away. This is really a Theta play. The benefit was that if we got some short term good news/performance, I could get some shares called away or when the calls expired replace them with higher premium calls. The downside is that the current premium is fairly low and if $SVXY pulls back further, I would be in a tough spot because my premium didn’t provide much protection and it might not pay to sell the next set of calls for a period of time. I’m fearful that $SVXY gets close to $40 before it gets close to $60. So I’m changing my tactic for the time being. I’m now selling March and June calls with better premium and higher Delta than the short term calls I have been selling. This gives me more protection in a pullback and if I’m wrong and the market runs up, gets me out of the stock at nice profits.
STO Mar $60 calls @ $3.50
STO Jun $55 calls @ $8.10
STO Jun $60 calls @ $6.10
$SVXY #CoveredCalls #VXXGame – Sold…
$SVXY #CoveredCalls #VXXGame – Sold SVXY Jun 17 2016 80.0 Calls @ 1.70 adding to my position
$SVXY #CoveredCalls #VXXGame – Sold…
$SVXY #CoveredCalls #VXXGame – Sold SVXY Jun 17 2016 80.0 Calls @ 1.60 adding to my position
$SVXY #CoveredCalls #IRA
BTC Dec 24 $56 calls @ $.02
STO Jan 8 $55 calls @ $.95
$UVXY #ShortPuts #ScalpTrade – Sold…
$UVXY #ShortPuts #ScalpTrade – Sold UVXY Dec 24 2015 24.5 Puts @ 0.11. These expire Thursday.
In this account, paired with short Dec 24 70 calls, which interestingly are not at zero bid.
$SVXY #CoveredCalls #VXXGame – Sold…
$SVXY #CoveredCalls #VXXGame – Sold SVXY Jun 17 2016 80.0 Calls @ 1.55. Partial fill on a bigger order.
$UVXY $DUST
Have only made a couple of small trades this morning.
STO $UVXY Dec 31 $24 puts @ $0.50
STO $DUST Feb $36 calls @ $0.60
STO $DUST Jun $35 call @ $2.60
UVXY puts
#ShortPuts – It’s worked the last couple weeks…margin free against short calls.
Sold UVXY DEC 31 2015 27.0 Puts @ 1.27
SVXY calls
#ShortCalls – It’s worked the last couple weeks…margin free against short puts.
Sold SVXY DEC 24 2015 51.0 Calls @ .95
UVXY puts
#ShortPuts – It’s worked the last couple weeks…margin free against short calls.
Sold UVXY DEC 24 2015 28.0 Puts @ .90
$UVXY
Feb options start today, but looks like highest strike is only $60, for now.
Expirations
JBLU 12/18/2015 27C (covered)
JD 12/18/2015 30C (covered)
RLYP 12/18/2015 20C (covered)
RLYP 12/18/2015 20C (covered)
UVXY 12/18/2015 70C
UVXY 12/18/2015 45C
RLYP 12/18/2014 20P
FLDM 12/18/2015 10P
JD 12/18/2015 29P
KOLD 12/18/2015 125P
SVXY 12/18/2015 40P
UVXY 12/18/2015 20P
/VX VIX futures
Bringing this to the top from my reply below…just thinking out loud tonight.
—————————————————————————-
Funny you should mention VIX futures…I think I’m going to quit shorting UVXY naked calls and concentrate on the futures. I believe a person could short a few contracts each time it spikes above 25 and do pretty good much more safely without the constant UVXY spike worry.
A VIX future trades at a value of 50 dollars per tick with each tick being .05 This makes them worth 1000 dollars per point. Instead of sitting year round with big short UVXY exposure just wait until the 2 or 3 times a year we get a spike in the VIX futures 20-25 range and short a few. Imagine shorting 5 of those in late August and catching about 10 points of the move. Seems a lot safer without the constant black swan risk.
Of course your account would have to be able to withstand the daily mark to market of the futures if you short to early plus margin of about 6000 per contract.
Options Expiration for 12/18
Expiring:
$AAPL 12/18/2015 100 puts
$AAPL 12/18/2015 105 puts
$AMZN 12/18/2015 615 puts
$APA 12/18/2015 60 calls (covered)
$BOIL 12/18/2015 30 calls (covered)
$CMG 12/18/2015 475 puts
$CRI 12/18/2015 85 puts
$CRI 12/18/2015 87.50 puts
$CYBR 12/18/2015 35 puts
$DUST 12/18/2015 25 calls (covered)
$DUST 12/18/2015 30 calls
$DUST 12/18/2015 35 calls
$GMCR 12/18/2015 60 puts
$KOLD 12/18/2015 185 puts
$KORS 12/18/2015 45 calls (covered)
$NSC 12/18/2015 75 puts
$NUGT 12/18/2015 35 calls
$SVXY 12/18/2015 75 calls (covered)
$SVXY 12/18/2015 70 calls (covered)
$SVXY 12/18/2015 45 puts
$SVXY 12/18/2015 40 puts
$TRIP 12/18/2015 60 puts
$URI 12/18/2015 65 puts
$UVXY 12/18/2015 70 calls
$UVXY 12/18/2015 80 calls
$UVXY 12/18/2015 95 calls
$VRX 12/18/2015 85 puts
$VXX 12/18/2015 44 calls
$WHR 12/18/2015 130 puts
$ZSL 12/18/2015 65 calls
$ZSL 12/18/2015 67.50 calls
$ZSL 12/18/2015 70 calls
$ZSL 12/18/2015 77.50 calls
Assignments (stock being called away):
$GMCR 12/18/2015 55 calls
Assignments (going long stock):
$KMI 12/18/2015 35 puts
Have a great weekend everyone.
UVXY after hours
#VXXGame filled at 4:12 ET
STO $UVXY Dec 24th 50 calls for .67
STO $UVXY Jan 15th 150 calls for .85
#OptionsExpiration
Today’s expirations, don’t have many left, took profits on most positions earlier in the week. Will be away from the computer for the rest of the day. Have a great weekend everyone.
$BOIL $30 calls
$KOLD $100 puts
$KOLD $110 puts
$UVXY $25 puts
UVXY puts
Just gotta take the gains on this in such a short time since it was a decent size position.
Bought to Close UVXY DEC 24 2015 27.0 Puts @ .43 (sold for .82 this morning)
Hedge
BTO $VIX Jan 19th 19 calls for 3.00
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY DEC 24 2015 41.0 Puts @ 0.46 on a market order. These expire in 4 days with the strike price below the recent low
$SVXY #ShortPuts – Bought to…
$SVXY #ShortPuts – Bought to close SVXY Dec 18 2015 50.0 Puts @ 1.85 to avoid assignment.
Originally sold in April at 3.90.
$SVXY #ShortPuts – Bought to…
$SVXY #ShortPuts – Bought to close 1 SVXY Dec 18 2015 50.0 Put @ 1.95 to avoid assignment. Originally sold in July at 3.70.
UVXY
Sold to open January 2017, 170 call @10.70 adding to position but staying small.
$UVXY
STO Jan 15 $150 calls @ $1.50
$UVXY #CoveredCalls #VXXGame – sold…
$UVXY #CoveredCalls #VXXGame – sold all these using market orders. Short trading week and the strike prices are above the recent peak.
Sold 1 UVXY Dec 24 2015 44.0 Call @ 1.29
Sold 1 UVXY Dec 24 2015 44.5 Call @ 1.28
Sold 1 UVXY Dec 24 2015 45.0 Call @ 1.24
Sold 1 UVXY Dec 24 2015 46.0 Call @ 1.10
$UVXY STO BuPS Jan. 31…
$UVXY STO BuPS Jan. 31 25/20 for .84-idea came from here-thanks
$UVXY #ShortPuts – sold the…
$UVXY #ShortPuts – sold the following to replace the strike 27 puts I just bought back at a penny.
Sold UVXY Dec 24 2015 23.5 Puts @ 0.14
Sold UVXY Dec 24 2015 24.5 Puts @ 0.29
These expire Thursday in a short trading week.
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY JAN 15 2016 85.0 Calls @ 1.50.
$UVXY #RiskManagement – Bought to…
$UVXY #RiskManagement – Bought to close UVXY Dec 18 2015 27.0 Puts @ 0.01.
Originally Sold on 12/14/2015 at an average of 0.50.
UVXY puts
Just a starter for now hoping to add more. Seems like decent premium even with UVXY up a little. These are margin free and replacing a bunch of 27’s from this week.
Sold UVXY DEC 24 2015 27.0 Puts @ .82
UVXY calls
Treading carefully. I have high offers in on some of the January weeklies. Just got filled on this one.
Sold $UVXY Jan 22 (weekly) 80 call @ 1.80. Highest strike.
$UVXY #RiskManagement – Bought to…
$UVXY #RiskManagement – Bought to close UVXY Dec 18 2015 26.5 Puts @ 0.01.
Originally sold on 12/14/15 at 0.35/0.40/0.45
Options Bistro 