SVXY 58 puts expired today, opened Aug 8 @ 2.50.
Have a great weekend everyone.
Category Archives: VXXGame
Options Expiration
Only #VXXgame expirations this week.
$SVXY $55 puts
$SVXY $60 puts
$UVXY $23 calls
$UVXY $30 calls
$UVXY $32.5 calls
$UVXY $35 calls
$UVXY $40 calls
$UVXY $45 calls
Have a great weekend everyone.
#optionsexpiration
UVXY calls
Sold $UVXY Nov 4 29 calls @ 1.10. Highest strike in the newest weekly series.
#VXXGame
$SVXY #CoveredCalls #Rollup – Another…
$SVXY #CoveredCalls #Rollup – Another one.
Bought to close SVXY Sep 23 2016 70.0 Calls @ 4.35 (originally sold @ 5.20 so a win-win)
Sold SVXY Oct 21 2016 75.0 Calls @ 4.45 – increased the strike price 5 points plus a 0.10 credit.
Options this deep in the money are a bit harder to roll but got it done.
$UVXY #ShortCalls #VXXGame – selling…
$UVXY #ShortCalls #VXXGame – selling some for next week as the VIX index hovers around 12.50 and UVXY trades at 16.50 –
Sold UVXY Sep 30 2016 22.0 Calls @ 0.17
Sold UVXY Sep 30 2016 22.5 Calls @ 0.15
Sold UVXY Sep 30 2016 23.0 Calls @ 0.13
Sold UVXY Sep 30 2016 23.5 Calls @ 0.11
SVXY
I forgot to post this.
STO October 28, 55 puts @1.00 again staying small.
SVXY
Sold to open, October 21, 60 puts @1.20 but staying small.
SVXY puts sold
STO $SVXY Oct 21 60 puts @ 1.30 SVXY trading at 74.13
jdeitz1954 – thanks for the idea from yesterday.
$SVXY #CoveredCalls #Rollup – working…
$SVXY #CoveredCalls #Rollup – working on a couple of these today.
Bought to close SVXY Sep 23 2016 71.5 Calls @ 3.28 (originally sold @ 5.90 so a win-win)
Sold SVXY Oct 28 2016 79.0 Calls @ 3.58 – increased the strike price 7.5 points plus a 0.30 credit.
$SVXY #ShortCalls – sold a…
$SVXY #ShortCalls – sold a bunch of things at the open and then couldn’t get anything else done the rest of the day at the limits I set after the fills.
Sold SVXY Sep 23 2016 77.0 Calls @ 0.20 – these expire tomorrow
Sold SVXY Sep 30 2016 80.0 Calls @ 0.30 – for next week with the strike above the 2016 high
Sold SVXY Oct 14 2016 85.0 Calls @ 0.45
Sold SVXY Nov 16 2016 90.0 Calls @ 1.70
Sold SVXY Dec 16 2016 90.0 Calls @ 3.10
Sold SVXY Dec 16 2016 95.0 Calls @ 2.00
$SVXY
Sold Oct 21st 60 Put @ 1.30 when $SVXY was trading at 74.82.
$SVXY
Sold both of these covered positions these earlier today:
$SVXY Oct 14th 80 Call @ 1.40 when SVXY was at 73.90
$SVXY Oct 21st 80 Call @ 2.10 when SVXY was at 74.58
$UVXY
Looks like $UVXY has been at an all time low pretty much all day today.
$SVXY
Initiated Sept 30 $75 covered call this morning @ $72.75
With $VXX nearing a new all time low and with the amount of contango in the $VIX term structure, I think $SVXY will be grinding higher for a while. Would have been better to do this right after the fed announcement. I got too focused on looking for $UVXY trades and missed that opportunity. I still think this a simple way to hit some singles.
SVXY puts closed
BTC $SVXY Oct 21 50 put @ .50 sold on Sept 13 @ 2.22 closing at 74%
BTC $SVXY Dec 16 35 put @ .75 sold on Aug 1 @ 2.02 closing at 60%
BOT UVXY 16 DEC 16…
BOT 16 DEC 2016 50 CALL @1.30 sold on 9/16/2016 at 3.80
BOT UVXY 16 DEC 16…
BOT UVXY 16 DEC 16 55 CALL @1.15 sold on 9/16 at 3.20
Couldn’t get in for over…
Couldn’t get in for over a week. Happens from time to time. Why ???
A TRADE:
$UVXY STO 9/23/16 18.50 PUTS @.63 Risky
UVXY STC Sept 23 $18…
UVXY STC Sept 23 $18 P for 0.44, bought for 0.21 last week. Still have more at 0.31 with sell order at 0.61. Should be profitable pricing leading up to announcement.
SVXY Covered Call
Sold $SVXY Dec 16 85 call @ 3.20
$UVXY #CoveredCalls #VXXGame – all…
$UVXY #CoveredCalls #VXXGame – all of these sales are partially covered by long stock
Sold UVXY Sep 23 2016 30.5 Calls @ 0.17
Sold UVXY Sep 23 2016 31.0 Calls @ 0.15
Sold UVXY Sep 23 2016 31.5 Calls @ 0.13
Sold UVXY Sep 23 2016 32.0 Calls @ 0.11
Sold UVXY Sep 23 2016 32.5 Calls @ 0.11
Sold UVXY Sep 23 2016 33.0 Calls @ 0.11
I will average up tomorrow if possible. Fed days are normally good days to sell these.
Howdy all, I have a…
Howdy all, I have a question on SVXY. I sold 45 Nov 18 Put and I don’t understand why it’s down 82.50 for that trade when price is up. Am I missing something here?
$SVXY #ShortCalls – I was…
$SVXY #ShortCalls – I was on the road all day so couldn’t report these earlier. I stayed small so I could add later.
Sold SVXY Dec 16 2016 80.0 Calls @ 4.30
Sold SVXY Dec 16 2016 85.0 Calls @ 2.95
Sold SVXY Dec 16 2016 90.0 Calls @ 2.00
Sold SVXY Dec 16 2016 95.0 Calls @ 1.30.
All trades filled in the first minute of trading, then nothing for the rest of the day.
SVXY early this morning bought…
SVXY early this morning bought at 67.62 protection for a Sept 23 BeCS 65/85. We’ll see the reaction to the Fed. I expect a rally taking my stock.
If not I sold a Dec 70/105 BeCS for $3.60 that I can use the stock to cover.
VXX bearish double vertical
Slow day but did get a fill this morning.
Sold to close Sep 23 41/42 BeCS and 38/37 BePS @ .51 (originally sold for .04 Friday)
Technically it was a “buy to open” and a “sell to close” except the buy side was done for a .04 credit. (total gain of .55)
Closed UVXY at 60% profit.
BTC Sep 30 UVXY 30 Calls at $0.40 sold it for $1.50 on Thursday.
SVXY
STO November 18, 45 puts @1.50, Scaling into some put positions.
SVXY
BTC September 23, 50 puts @0.05 cents. I cannot make much more on this one and it frees up a lot of margin plus, I don’t know what will happen on Wednesday.
Options Expiration 9/16/16
— Expiring —
$SVXY 85 calls
$UVXY 30 calls
Expiration
$CXO 120/125 BUPS
$SPX 2265/2240 BECS
$REGN 375/390 BUPS
$VMW 65/70 BUPS
$T 39.50 put
$T 39 put
$LN 40 put
$FIT 17 call (covered)
$UVXY 30 calls
$SVXY 70 calls
$FB 121 put
$GIMO 45 put
$CNX 16 put
$OPHT 45 put (part of straddle with 55 call which was assigned)
$ADP 90 call (covered – will cover again)
$SVXY 60 put
$UVXY 26 call
Complete loss
$WTW 12 call (almost ironic not to lose on this ;-}
$GOOGL 810 call
$LULU 70/75 BUPS
Assigned
$OPHT 55 call (part of above straddle basis 58 – will buy back Monday)
$FANG 95 put (sell Monday basis 92.35)
$CMG 405/410 BUPS Assigned the 410 with basis of 408.60 (Will sell Monday-go Ackman)
Thanks to everyone.
Enjoy the weekend
#optionsexpiration
#OptionsExpiration for September 16 A…
#OptionsExpiration for September 16
A lighter than normal monthly expiration for me. I either closed a lot of positions early or rolled them over the last few weeks.
Expiring:
$AMZN 09/16/2016 825 calls (covered)
$AMZN 09/16/2016 850 calls (covered)
$AMZN 09/16/2016 740 puts
$NFLX 09/16/2016 100 calls
$NUGT 09/16/2016 25 calls
$NUGT 09/16/2016 42 calls
$SVXY 09/16/2016 60 puts
$SVXY 09/16/2016 40 puts
$UVXY 09/16/2016 29 calls
$UVXY 09/16/2016 40 calls
$UVXY 09/16/2016 56 calls
$WYNN 09/16/2016 95 puts (covered)
Assignments
$SVXY 09/16/2016 60 calls–some of my stock being called away. I will write more puts on the next move down.
Have a great weekend everyone.
#OptionsExpiration #Sep16 #Monthlys – no…
#OptionsExpiration #Sep16 #Monthlys – no assignments this week and some SVXY short Calls finally expired.
YEAH !!
— Expirations —
GILD Sep 16 2016 70 Puts
NUGT Sep 16 2016 14 Puts
NUGT Sep 16 2016 16 Puts
NUGT Sep 16 2016 17 Puts
SVXY Sep 16 2016 30 Puts
SVXY Sep 16 2016 34 Puts
SVXY Sep 16 2016 35 Puts
SVXY Sep 16 2016 36 Puts
SVXY Sep 16 2016 37 Puts
SVXY Sep 16 2016 38 Puts
SVXY Sep 16 2016 39 Puts
SVXY Sep 16 2016 40 Puts
SVXY Sep 16 2016 50 Puts
SVXY Sep 16 2016 54 Puts
SVXY Sep 16 2016 55 Puts
SVXY Sep 16 2016 60 Puts
SVXY Sep 16 2016 70 Calls (Covered)
SVXY Sep 16 2016 75 Calls (Covered)
SWN Sep 16 2016 15 Calls (Covered)
TRIP Sep 16 2016 55 Puts
TWLO Sep 16 2016 70 Calls
UVXY Sep 16 2016 23 Calls (Covered)
UVXY Sep 16 2016 24 Calls (Covered)
UVXY Sep 16 2016 25 Calls (Covered)
UVXY Sep 16 2016 29 Calls
UVXY Sep 16 2016 29.5 Calls
UVXY Sep 16 2016 30 Calls
UVXY Sep 16 2016 31 Calls
UVXY Sep 16 2016 32 Calls
UVXY Sep 16 2016 33 Calls
UVXY Sep 16 2016 34 Calls
UVXY Sep 16 2016 35 Calls
UVXY Sep 16 2016 36 Calls
UVXY Sep 16 2016 37 Calls
UVXY Sep 16 2016 38 Calls
UVXY Sep 16 2016 39 Calls
UVXY Sep 16 2016 40 Calls
UVXY Sep 16 2016 41 Calls
UVXY Sep 16 2016 42 Calls
UVXY Sep 16 2016 45 Calls
UVXY Sep 16 2016 46 Calls
UVXY Sep 16 2016 55 Calls
UVXY Sep 16 2016 56 Calls
OptionsExpiration
$NUGT $28 calls (last of my $NUGT positions)
$SVXY $35 puts (sold during Brexit spike @ $2.30, should have sold lots more)
$UVXY $25 calls
$UVXY $27 calls
$UVXY $30 calls
$UVXY $32 calls
$UVXY $55 calls
Nicely profitable week, a bunch of $UVXY contracts rolling off so in very good shape going into next week. A lot of dry powder, likely get a chance early next week to put money to work.
Have a great weekend everyone. #optionsexpiration
A few trades today…
#Earnings #CoveredPuts STO $FB Oct 7th 125 covered put for 1.10
#VXXGame BTC $UVXY Oct 21st 55 call for .84. Sold for 4.25 on Aug 2nd.
#ContangoETFs BTC $NUGT Sept 16th 23 puts for 4.45 and 5.20. Sold for 1.45 on Aug 26th.
Rolled to: Sept 30th 16 puts for 1.00, and waiting for fills on others.
$UVXY #CoveredCalls #Rollup – did…
$UVXY #CoveredCalls #Rollup – did this roll to give it another week
Bought to close UVXY Sep 16 2016 21.5 Calls @ 0.59. Sold last Friday at 2.05
Sold UVXY Sep 23 2016 26.0 Calls @ 0.83 – a big bump in the strike price plus a nice credit
VIX SVXY UVXY VXX
Sucking volatility out now…
$SVXY #CoveredCalls #IRA #Rollup -…
$SVXY #CoveredCalls #IRA #Rollup – the only roll I should have to do today in this stock. My other short calls in SVXY should expire today. YEAH!!
Bought to close SVXY Sep 16 2016 60.0 Calls @ 3.31 – originally sold at 4.20 s0 a win-win!!
Sold SVXY Sep 23 2016 62.0 Calls @ 3.84 – Only 1 more week and 2 points higher plus a 0.53 Cr.
UVXY call
#VXXGame Was trying to get a few of the new 45’s but only filled on one: STO $UVXY Nov 45 call for 3.25
SVXY On June 30, I…
SVXY
On June 30, I sold a 60 call for 2.25, must have been a good idea at that time, it was around 50. Rolled it today to a 63 next week for even money but gained 3 points, sold a 52 put for 50. Almost to 80 last week.
Volatility
I am trying to find a low risk method of trading the FOMC-induced volatility next week. A short or long straddle may be the best choice. If long this may be the best time to buy. Perhaps waiting until Tuesday to sell premium is the best timing and UVXY and NUGT are volatile instruments.
Has anyone else given this thought?
$UVXY #ShortCalls – Sold to…
$UVXY #ShortCalls – Sold to Open 1 UVXY (Weekly) Oct 14 2016 45 Call @ 1.80.
They have started new strike 45 contracts for all the October weekly expirations. I’ll sell more on the next bounce in UVXY
VxxGamePlan
Since this volatility event looks to be going to hang around for a bit (not just a 1 or 2 day thing), I’m not to worried about missing opportunities. Put money to work on Friday and Monday. I didn’t do anything yesterday, and don’t plan to do anything today. I’m planning to wait until Friday morning. I have a lot of contracts set to expire this week, and on Friday morning I’ll have a pretty good idea of where I will be at, will I need to roll anything, etc… Then I will look to open more new positions. Still have a lot of dry powder, just not in a hurry to put it to all to work. Seems likely that we’ll get more chances. I sort of like that the market is choppy vs just going straight down, feels more like a pull back than a deep correction as there is buying coming into the market.
$SVXY #ShortPuts #IRA – betting…
$SVXY #ShortPuts #IRA – betting AGAINST a 33% drop in the stock from 60 to 40
Sold SVXY Oct 7 2016 40.0 Puts @ 0.70
Sold SVXY Oct 21 2016 40.0 Puts @ 1.10
SVXY
STO October 21, 40 puts @1.05
$SVXY #ShortPuts – SVXY briefly…
$SVXY #ShortPuts – SVXY briefly broke 60. Wow!!
Sold 2 SVXY Sep 16 2016 54.0 Puts @ 0.60 – expires Friday
Sold 1 SVXY Dec 16 38.0 Put @ 2.20. Breakeven = 35.80
$UVXY #ShortCalls – these are…
$UVXY #ShortCalls – these are all partially hedged with long stock. I’m staying small and at the TOP of the Chain –
Sold 1 UVXY OCT 7 2016 40.0 Call @ 2.29
Sold 1 UVXY OCT 14 2016 40.0 Call @ 2.82
Sold 1 UVXY OCT 21 2016 55.0 Call @ 2.01
Sold 1 UVXY OCT 28 2016 40.0 Call @ 3.80
Sold 1 UVXY NOV 18 2016 45.0 Call @ 3.85
Sold 1 UVXY Dec 16 2016 55.0 Call @ 4.47
Sold 1 UVXY Jan 20 2017 60.0 Call @ 5.00
VXXgame trades
#VXXGame These are my first volatility sales in this correction:
STO $VXX Oct 21st 65 calls for 1.10
STO $UVXY Sept 15th 30 calls for .70
STO $UVXY Dec 55 call for 4.40
STO $UVXY Jan 2017 60 call for 5.10
UVXY STC Sept 16 $18…
UVXY STC Sept 16 $18 put for 0.02, sold 8/12 for 1.70
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Sep 16 2016 55.0 Puts @ 0.55 with the stock at 60.66
UVXY #ShortCalls – added on…
UVXY #ShortCalls – added on to positions for this week
Sold UVXY Sep 16 2016 29.0 Calls @ 0.88 with the stock at 25.24
Sold UVXY Sep 16 2016 30.0 Calls @ 0.66 with the stock at 25.07
$SVXY – STO $SVXY October…
$SVXY – STO $SVXY October 21 50 put @ 2.30 filling in an October ladder.
UVXY Dec
Sold $UVXY Dec 18 55 call @ 4.30. Highest strike.
#VXXGame
Closing covered calls in SVXY
Not much left here so I’m taking this one off and I’ll re-enter when the market moves back up.
Bought to close $SVXY Sep 16 70 calls @.14. Sold for 1.50.
SVXY
STO January 40 puts @3.30
SVXY puts
Sold SVXY OCT 21 2016 50.0 Put @ 2.50
Sold SVXY DEC 16 2016 40.0 Put @ 2.25
UVXY call spreads
Sold UVXY OCT 21 2016 25.0/35.0 Bear call spread @ 1.55 (high risk!)
Sold UVXY NOV 18 2016 30.0/40.0 Bear call spreads @ 1.15
Nov UVXY calls
#VXXGame Sold $UVXY Nov 18 45 calls @ 2.00. Highest strike.
SVXY
STO January 40 puts @2.60 I my IRA account.
BTC SVXY JAN 19 2018…
BTC SVXY JAN 19 2018 140 call at 4.4 sold for 6.50 on 9/2/2016
$UVXY $SVXY
Adding a couple more as volatility continues to come in.
STO $UVXY Sep 23 $25 call @ $1.80
STO $SVXY Oct 7 $45 puts @ $0.75
$SVXY #ShortPuts – Sold 1…
$SVXY #ShortPuts – Sold 1 SVXY Dec 16 2016 42.0 Put @ 2.55 with the stock at 65.30
SVXY
STO SVXY Oct21’16 55 PUT @ 2.90
#VXXGame Got these fills at…
#VXXGame
Got these fills at or shortly after the open
$UVXY Sep 16 $32 calls @ $0.32
$UVXY Sep 16 $30 calls @ $0.45
$UVXY Sep 23 $40 calls @ $0.60
$UVXY Sep 23 $45 calls @ $0.50
$UVXY Oct 7 $30 calls @ $2.60
$UVXY Oct 7 $35 calls @ $1.84 and $1.80
$UVXY Oct 7 $40 calls @ $1.47
$UVXY Oct 14 $40 calls @ $1.80
$UVXY Oct 21 $55 calls @ $1.59
$UVXY Nov 18 $45 calls @ $3.20
$SVXY Sep 30 $50 puts @ $1.05
$SVXY Oct 7 $50 puts @ $1.25
$SVXY Oct 14 $45 puts @ $1.10
$SVXY Oct 21 $40 puts @ $0.85
Putting some cash to work, mostly short term. Will look for some longer term opportunities now.
$SVXY #ShortPuts #Weeklys – sold…
$SVXY #ShortPuts #Weeklys – sold these on the opening this morning with the stock at 65.41
Sold SVXY Sep 16 2016 50.0 Puts @ 0.20
Sold SVXY Sep 23 2016 45.0 Puts @ 0.40
$UVXY #ShortCalls #Weeklys – sold…
$UVXY #ShortCalls #Weeklys – sold these on the opening this morning with the stock at 23.08
Sold UVXY Sep 16 2016 29.0 Calls @ 0.66
Sold UVXY Sep 16 2016 29.5 Calls @ 0.66
#Market Looks like future are…
Looks like future are steadily improving and not going to see a gap lower at the open. $UVXY looking like it is now flat to Friday’s close even though $VIX is higher (19 at this moment, but dropping from 20.5) . Will be looking to open a number of #VXXGame trades at the open since I didn’t put on any trades late in the day on Friday sort of expecting more downside follow through today. I put in a bunch of orders, we’ll see how many actually get filled.
Sold Early
$SPX 9/26 2270/2245 BECS @95% profit
$SPX 9/23 2270/2245 BECS @92% profit
$SPX 9/16 2240/2215 BECS @92% profit
$SRPT 9/16 10/12 BUPS @ 78% profit
Expirations
$AAPL 109 call
$SPX 2055/2080 BUPS
$CMG 425 put
$UVXY 23 call
Thanks to all on the site and good luck to everyone.
Some Trades (not so hot…
Some Trades (not so hot timing – check orders awaiting fill before start of day)
STO $T 9/16 39 put @ .18
STO $T 9/16 39.5 put @ .30
STO $UVXY 9/16/25 calls @ 1.19 (covered)
STO $SVXY 12/16 45 put @ 2.75
STO $SVXY 9/16 60 put @ .80
STO $SVXY 1/20/17 40 put @ 2.65
STO $TEVA 9/16 51 call @ .48 (covered)
STO $FANG 10/21 95 put @ 2.70
STO $CMG 9/9 425 put @ .60
STO $TWLO 9/16 57 put @ 2.25
STO $STX 9/23 35 put @ .72
STO $SIMO 10/21 55 put @ 2.60
NUGT
closing Sept 09 $17 call for much better price than earlier this week. I rolled to Sept 16 $17 call for 0.25, closing SVXY $Sept 16 $60 calls for $9.40 after selling for $11.10 weeks ago. Didn’t think I’d break even/ smallish profit on this one.
Sell NUGT assigned from $17 call for $19.33. I sold option for $2.40 so another break-even relief.
Options Expiration
$NUGT $26 calls
$SVXY $58 puts
$UVXY $34 calls
$UVXY $58 calls
I was getting very low on open positions, thus this weeks expiration is very light. Next week looks to be getting sporty for the #VxxGame.
Have a great weekend everyone.
#optionsexpiration
$UVXY #ShortCalls – still getting…
$UVXY #ShortCalls – still getting fills after the close – All these are the highest available strike prices (for now).
Sold 1 UVXY Oct 7 2016 40.0 Call @ 1.45
Sold 1 UVXY Oct 14 2016 40.0 Call @ 1.85
Sold 1 UVXY Nov 18 2016 45.0 Call @ 3.10
SVXY
After the close, STO December 37 puts @1.60
UVXY call spreads
Filled after the close…
Sold UVXY DEC 16 2016 35.0/45.0 Bear call spreads @ 1.00
These are in an #IRA so I’ll continue adding to this even if it’s in the money. Each spread takes the same margin so might as well get as much as I can for them.
#OptionsExpiration #Weeklys #Sep09 – No…
#OptionsExpiration #Weeklys #Sep09 – No assignment this week as I rolled any at risk options into later weeks.
Big Monthly expiration next week.
— Expirations —
NUGT (Weekly) Sep 9 2016 15 Puts
NUGT (Weekly) Sep 9 2016 17 Puts
UA (Weekly) Sep 9 2016 34 Puts
UVXY (Weekly) Sep 9 2016 35 Calls
UVXY (Weekly) Sep 9 2016 35.5 Calls
UVXY (Weekly) Sep 9 2016 40 Calls
UVXY (Weekly) Sep 9 2016 50 Calls
UVXY (Weekly) Sep 9 2016 45 Calls
UVXY (Weekly) Sep 9 2016 58 Calls
UVXY
STO UVXY Oct21’16 35 CALL @ 2.41. This call is covered. I have a feeling I could get more on Monday but sometimes that feeling I get is just indigestion 😜
Options Bistro 