$UVXY STO 8/5/16 28.50 CALLS, Put the order in, went to the Vet with my cat, came home, saw I was done, and $UVXY up 2.5 points. ;>( Sold it against a 28.00 rolled out PUT.
$UVXY STO 8/5/16 31.50 CALLS @,42
$UVXY STO 8/19/16 41.0 CALLS @1.08
Category Archives: VXXGame
$UVXY #ShortCalls – climbing the…
$UVXY #ShortCalls – climbing the ladder for this week’s expiration
Sold UVXY AUG 5 2016 38.0 Calls @ 0.21
UVXY…no naked for Fuzzy
Promised myself I wouldn’t go naked on these anymore. Got squeezed pretty hard in Aug 2015 and a little last January. Didn’t like the feeling and it caused me to miss some really good opportunities in other places (like shorting VIX futures). Keeping these in an IRA and spreading a little closer to the money but no margin issues even if this thing goes to 100 again. Rolling strategy is to leave enough room to roll and widen slightly to allow a credit roll. This worked great during the Aug 2015 spike. Held a Dec 50/60 through that entire thing with no worries at all. Only regret was not selling more while they were in the money.
Sold to Open UVXY OCT 21 2016 40/50 Bear call spreads @ 1.00
I’ll sell more at the same strikes as UVXY rises…margin required is still the same so might as well be more aggressive on the sales.
$UVXY
Got another fill, STO Oct 21 $55 call @ $4.30
UVXY calls… in play again!
#VXXGame starting in with some highest strikes:
STO UVXY Aug 26th 58 call for 1.15
STO UVXY Sep 2nd 58 call for 1.80
STO UVXY Sep 9th 58 call for 1.80
STO UVXY Oct 21st 55 call for 4.25
Only a wee-bit covered since I have only 60 shares of stock.
$UVXY $SVXY $NUGT
STO $NUGT Aug 19 $110 put @ $1.05
STO $SVXY Aug 12 $52 puts @ $0.50
STO $UVXY Aug 5 $34 calls @ $0.30 (was early on these)
STO $UVXY Aug 26 $58 call @ $1.05
STO $UVXY Sep 2 $58 call @ $1.50
STO $UVXY Sep 9 $58 call @ $1.80
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Aug 5 2016 56.0 Puts @ 0.35. These expire Friday. Or I will take assignment.
I just sold stock yesterday @ 66.80
$UVXY #CoveredCalls #IRA – forgot…
$UVXY #CoveredCalls #IRA – forgot one – Sold UVXY AUG 5 2016 32.0 Calls @ 0.56.
Will roll if required, but no margin issues
$UVXY #ShortCalls #VXXGame – these…
$UVXY #ShortCalls #VXXGame – these are all at the highest available strikes with the risk spread out to different expiration periods and all small trades. But I can’t pass up on the chance to sell.
Sold UVXY AUG 19 2016 60.0 Calls @ 0.63
Sold 1 UVXY AUG 26 2016 58.0 Call @ 1.10
Sold 1 UVXY SEP 2 2016 58.0 Call @ 1.50
Sold 1 UVXY SEP 16 2016 56.0 Call @ 2.36
Sold 1 UVXY OCT 21 2016 55.0 Call @ 4.05
Sold 1 UVXY MAR 17 2017 60.0 Call @ 7.70
$UVXY #CoveredCalls #IRA – since…
$UVXY #CoveredCalls #IRA – since these can easily be rolled, and are covered, I sold all these today with the stock between 27 and 27.50.
UVXY AUG 5 2016 31.5 Calls @ 0.54
UVXY AUG 5 2016 34.0 Calls @ 0.29
UVXY AUG 5 2016 37.0 Calls @ 0.17
UVXY AUG 5 2016 37.5 Calls @ 0.19
These will probably expire in 3 days
SVXY
STO December 32 puts @1.90
UVXY calls
Following trade from @optioniceman from yesterday.
Sold $UVXY Aug 12 58 calls @ .24. Highest strike.
UVXY…I was mad
Did this as an anger trade…LOL (not really…just irritated). Was starting to look like this thing was gonna go right back to single digits without a chance to do anything. Right after the split I sold Sep 35/45 bear call spreads for 1.55 on a rare uptick.
Bought ’em back today for 1.05 since they are a little too close for comfort and volatility looks to be perking up a little. Made some beer money and looking to re-load higher…
SVXY
STO December 40 puts @3.20
TRADES:
$CY STC STOCK @11.63 Was making me nervous. ;>)
$CY BTC 8/19/16 12.0 CALLS @.35 Made 55% of the premium.
$SVXY STO 8/ 5/16 68.5 CALL @1.10 Will make this a buy/write if stock moves up by Friday.
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Aug 12 2016 58.0 Calls @ 0.24. Only 9 more trading days until expiration with the stock at 25.
Highest available strike
SVXY
STO September 2, 57 put @2.60 and 58 put @2.80
STO December 35 put @2.10
$SVXY #CoveredCalls #ShortCalls – responding…
$SVXY #CoveredCalls #ShortCalls – responding to margin pressure in my account I made the following moves:
Sold SVXY @ 66.80
Rolled SVXY AUG 12 2016 61.0 Calls @ 7.12 to SVXY JAN 19 2018 95.0 Call @ 10.00 for a 2.88 Credit.
That will leave the long term calls short but with a strike price near the all-time high on the stock.
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.
#OptionsExpiration #Weeklys #Jul29 – two…
#OptionsExpiration #Weeklys #Jul29 – two runaway freight trains, $SVXY and $NUGT, made this week hard to manage. I had to roll some more SVXY calls and even though I made a ton of money in NUGT puts, the run in the stock caused me margin issues.
I let a bit of AAPL and SVXY (IRA acct) get called away and let my last UVXY put position get assigned. Can Volatility stay this low forever? (Of course it can)
— Expirations —
CHK (Weekly) Jul 29 2016 5.5 Calls (Covered)
DUST (Weekly) Jul 29 2016 8 Calls (Covered)
DUST (Weekly) Jul 29 2016 8.5 Calls (Covered)
NUGT (Weekly) Jul 29 2016 92 Puts
NUGT (Weekly) Jul 29 2016 95 Puts
NUGT (Weekly) Jul 29 2016 108 Puts
NUGT (Weekly) Jul 29 2016 108.5 Puts
NUGT (Weekly) Jul 29 2016 109 Puts
NUGT (Weekly) Jul 29 2016 109.5 Puts
NUGT (Weekly) Jul 29 2016 110 Puts
NUGT (Weekly) Jul 29 2016 110.5 Puts
NUGT (Weekly) Jul 29 2016 111 Puts
NUGT (Weekly) Jul 29 2016 111.5 Puts
NUGT (Weekly) Jul 29 2016 112 Puts
NUGT (Weekly) Jul 29 2016 112.5 Puts
NUGT (Weekly) Jul 29 2016 113 Puts
NUGT (Weekly) Jul 29 2016 113.5 Puts
NUGT (Weekly) Jul 29 2016 114 Puts
NUGT (Weekly) Jul 29 2016 114.5 Puts
NUGT (Weekly) Jul 29 2016 115 Puts
NUGT (Weekly) Jul 29 2016 180 Calls
NUGT (Weekly) Jul 29 2016 185 Calls
SVXY (Weekly) Jul 29 2016 40 Puts
SVXY (Weekly) Jul 29 2016 43 Puts
SVXY (Weekly) Jul 29 2016 67 Calls
UVXY (Weekly) Jul 29 2016 (ns) 10 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 11 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 12 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 14 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 15 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 30 Calls
— Assignments —
AAPL (Weekly) Jul 29 2016 103 Calls (Covered)
SVXY (Weekly) Jul 29 2016 61 Calls (Covered)
UVXY (Weekly) Jul 29 2016 (ns) 7 Puts
#OptionExpiration
Expired
SVXY July 29th 45 Put
Assigned
SVXY July 29th 60 Call
SVXY July 29th 53 Call
Options Expiration
$NUGT $70 puts
$NUGT $95 puts
$NUGT $100 put
$NUGT $230 calls
$NUGT $250 calls
$SVXY $35 puts
$SVXY $40 puts
$SVXY $47 puts
$UVXY2 $30 calls
This was one of those easy weeks where I never had any position that ever got challenged. Love weeks like that.
Have a great weekend. #optionsexpiration
Options Expiration 7/29/16
— Expiring —
FB 105,110, 112, 113, 114, 117 covered puts
NUGT 105 put
— Assignments —
UVXY2 9 put (should put me long 20 shares for 45.00 each)
BMY 76.5 puts – kept a third of my earnings trade for stock assignment
Thanks for a fun earnings week, everyone! More to come.
SVXY Expirations
Not many this week but pretty good size trades in the trading account. #OptionsExpiration
35 puts @1.03
40 puts @.49
45 puts @.49
50 puts @ .60
35 puts in my IRA @1.09
SVXY
STO August 12, 60 put @1.50 on 2 contracts.
Rolled August 26, 65 covered calls out to September 68 strike even.
SVXY
STO September 16, 39 puts @1.10
STO September 16, 45 puts @1.85
I have a few expirations tomorrow and the are far out of the money so I want to replace some of that exposure.
UVXY it seems at and…
UVXY it seems at and in the money options beginning next week are rich in premium
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Aug 5 2016 65.0 Calls @ 0.90. I was missing this week from my short call #OptionLadder
$SVXY
STO $SVXY Aug 5 $50 puts @ $.75
$UVXY #ShortCalls – Bought to…
$UVXY #ShortCalls – Bought to close UVXY2 SEP 16 2016 40.0 Calls @ 0.01 (no commission).
These are the pre-split options that still have 53 days to go before expiration.
These were sold just 20 days ago @ 0.44.
UVXY pre-split call
#VXXGame (Earlier) Sold to Open $UVXY2 (pre-split) Jan’18 85 call for .90. This is, in effect, the 425 strike based on the new pricing. Usually I cannot open new positions on the pre-split options, but IB allowed me earlier today. Perhaps it is because there are no post-split options yet. But alas, I cannot sell anymore so maybe it was a mistake earlier today.
$UVXY #CoveredCalls – Sold UVXY2…
$UVXY #CoveredCalls – Sold UVXY2 AUG 12 2016 12.0 Calls @ 0.20 . These are the pre-split options.
The Post-split options won’t start trading until tomorrow.
SVXY
STO August 12, 50 puts @1.05
SVXY
STO August 12, 50 puts @1.05
$SVXY #CoveredCalls #Weeklys #Options Ladder…
$SVXY #CoveredCalls #Weeklys #OptionsLadder – on the open this morning, replacing calls that expired Friday –
Sold SVXY Aug 12 2016 66.5 Calls @ 0.80
Sold SVXY Aug 19 2016 67.0 Calls @ 1.15
Sold SVXY Aug 26 2016 69.0 Calls @ 1.10
Sold SVXY Sep 02 2016 70.0 Calls @ 1.20
UVXY has split… time for volatility?
Options Expiration 7/22/16
#OptionsExpiration Just two assignments, that’s all…
$SWKS 65 puts, stock assigned (#Earnings)
$UVXY 10 put, stock assigned
Also, earlier in day, Bought to close $SPX Aug 5th 2020/1995 puts for .20. Sold for 1.40 on July 8th.
Options Expiration
Back home from my trip. Here were my expirations on friday 7/22.
$NUGT $75 puts
$NUGT $95 puts
$NUGT $105 put
$NUGT $122.50 put
$NUGT $200 call
$NUGT $225 calls
$NUGT $250 calls
$SVXY $40 puts
$SVXY $43.50 puts
$SVXY $47 puts
$UVXY $30 calls
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!
#OptionsExpiration for July 22 $UVXY…
#OptionsExpiration for July 22
$UVXY 07/22/2016 25 calls
$UVXY 07/22/2016 30 calls
$CMG 07/22/2016 385 puts
Have a great weekend everyone.
#OptionsExpiration #Weeklys #Jul22 – only…
#OptionsExpiration #Weeklys #Jul22 – only the continuing rally in SVXY and the decline in UVXY kept this from being a week when every short position expired.
— Expired —
AAPL (Weekly) Jul 22 2016 101 Calls (Covered)
CMG (Weekly) Jul 22 2016 300 Puts
CMG (Weekly) Jul 22 2016 305 Puts
DUST (Weekly) Jul 22 2016 7.5 Calls (Covered)
DUST (Weekly) Jul 22 2016 8 Calls (Covered)
HUM (Weekly) Jul 22 2016 140 Puts
NFLX (Weekly) Jul 22 2016 79 Puts
NUGT (Weekly) Jul 22 2016 109 Puts
NUGT (Weekly) Jul 22 2016 117 Puts
NUGT (Weekly) Jul 22 2016 117.5 Puts
NUGT (Weekly) Jul 22 2016 118 Puts
NUGT (Weekly) Jul 22 2016 210 Calls
SVXY (Weekly) Jul 22 2016 40 Puts
SVXY (Weekly) Jul 22 2016 45 Puts
SVXY (Weekly) Jul 22 2016 63.5 Calls (Covered)
SVXY (Weekly) Jul 22 2016 64 Calls (Covered)
SVXY (Weekly) Jul 22 2016 65 Calls (Covered)
SVXY (Weekly) Jul 22 2016 67 Calls (Covered)
UVXY (Weekly) Jul 22 2016 11 Calls (Covered)
UVXY (Weekly) Jul 22 2016 12 Calls (Covered)
UVXY (Weekly) Jul 22 2016 15 Calls (Covered)
UVXY (Weekly) Jul 22 2016 16 Calls (Covered)
UVXY (Weekly) Jul 22 2016 21 Calls
UVXY (Weekly) Jul 22 2016 22 Calls
UVXY (Weekly) Jul 22 2016 30 Calls
WDC (Weekly) Jul 22 2016 52.5 Calls
— Assignments —
UVXY (Weekly) Jul 22 2016 6.5 Puts – I used these to round up existing positions to multiples of 500 shares prior to the coming reverse split.
UVXY (Weekly) Jul 22 2016 7 Puts
UVXY (Weekly) Jul 22 2016 7.5 Puts
Expirations
Only 3 expirations this week.
SVXY 45 put in an IRA
SVXY 40 put
SVXY 45 put
SVXY
If we can get a close above 65, I see the possibility of 85 to 90 as long as the FED is stable until the end of the year. FD, I have been wrong before.
$SVXY #CoveredCalls #Rollup #IRA -…
$SVXY #CoveredCalls #Rollup #IRA – this would have been easier if SVXY had stayed near the opening price all day
Bought to close SVXY Jul 22 2016 56.0 Calls/Sold SVXY Aug 12 2016 58.5 Calls for a 0.25 Credit.
Bought to close SVXY Jul 22 2016 59.5 Calls/Sold SVXY Jul 29 2016 61.0 Calls for a 0.57 Credit.
SVXY
STO December 80 calls @2.85
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Sep 2 2016 65.0 Calls @ 3.00. My first trade in this new weekly contract.
The effective assignment price would be above the high for the year on the stock.
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY AUG 19 2016 18.0 Calls @ 0.19 with the stock at 6.41
$SVXY #CoveredCalls #Rollup #IRA =…
$SVXY #CoveredCalls #Rollup #IRA = starting my rolls for ITM Calls
Bought to close SVXY Jul 22 2016 56.5 Calls/Sold SVXY Aug 5 2016 59.0 Calls for a 0.50 Credit.
I added two weeks to my holding period but bumped the strike price up 2 1/2 points.
svxy/uvxy
Funny how the UVXY keeps making all time lows and the SVXY has not had an expiration above 65 this year.
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY Sep 02 2016 12.0 Calls @ 0.59. Highest available strike price for this weekly.
SVXY…more covered calls
I’ll plan on buying these back on the next volatility spike. If we don’t get it then they’re covered.
Sold SVXY JAN 20 2017 70.0 Call @ 6.50
Sold SVXY JAN 20 2017 75.0 Call @ 4.72
Sold SVXY JAN 20 2017 80.0 Call @ 3.30
$UVXY #ShortCalls #ClassicVXXGame – Bought…
$UVXY #ShortCalls #ClassicVXXGame – Bought to Close 1 UVXY JAN 19 2018 115.0 Call @ 0.70.
Cleaning this position up before the reverse split.
Originally sold about a month ago at 3.60.
Still 548 days until expiration
$SVXY
Sold Sept 70 Call @ 1.75. This covers the last of the long stock in this account.
$SVXY
Sold Sept 70 Call @ 1.75. This covers the last of the long stock in this account.
SVXY covered call
Sold $SVXY Jan 20 2017 80 call @ 3.20, against the last lot of my long stock. I am now covered on calls from Aug through Jan with strikes from 60 to 80.
SVXY
STO December 80 covered calls @2.20
SVXY
STO August 26, 50 puts @2.35
$SVXY
Rolled my July 22 55 Call out and up to Aug 57 Call for 0.50 credit.
Sold Aug 12th 50 Put @ 1.45.
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Aug 12 2016 65.0 Calls @ 1.05
SVXY
BTC July 29, 30 puts @.05
Rolled September 60 call to December 65 call for a credit of 1.10
SVXY
Sold to open: Small trades
August 5, 55 put @2.15
August 19, 55 put @3.30
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY AUG 5 2016 65.0 Calls @ 0.50
SVXY
In an IRA, STO September 45 puts @1.30
$SVXY #CoveredCalls #OptionLadder #IRA -…
$SVXY #CoveredCalls #OptionLadder #IRA – keeping the cash flowing into a couple of IRA accounts, replacing positions that expired Friday.
Sold SVXY JUL 22 2016 59.5 Calls @ 0.65
Sold SVXY JUL 29 2016 60.0 Calls @ 1.20
Sold SVXY AUG 5 2016 60.0 Calls @ 1.95
Sold SVXY AUG 12 2016 65.0 Calls @ 0.80
Sold SVXY AUG 19 2016 65.0 Calls @ 1.10
SVXY roll
After the close I got a confirm that I rolled July 22, 55 call out to August 26, 60 call for a credit od 0.25
#OptionsExpiration for July 15 $AAPL…
#OptionsExpiration for July 15
$AAPL 07/15/2016 92.50 puts
$CELG 07/15/2016 85.00 puts
$CMG 07/15/2016 365.00 puts
$CNX 07/15/2016 15.00 puts
$DUST 07/15/2016 33.00 calls
$ETE 07/15/2016 13.00 puts
$IBB 07/15/2016 240.00 puts
$NUGT 07/15/2016 140.00 puts
$NUGT 07/15/2016 170.00 calls
$PANW 07/15/2016 115.00 puts
$SVXY 07/15/2016 49.00 puts
$TLT 07/15/2016 140.00 calls
$TLT 07/15/2016 144.00 calls
$UVXY 07/15/2016 32.00 calls
$WYNN 07/15/2016 90.00 puts (covered by short stock)
#OptionsExpiration #Monthly #Jul15 – a…
#OptionsExpiration #Monthly #Jul15 – a big one today.
Liquidated some stock positions at nice gains, getting back some much needed cash.
A couple of Put assignments, but all on low cost issues.
— Expirations —
AAPL Jul 15 2016 100 Calls (Covered)
ADBE Jul 15 2016 105 Calls
ADBE Jul 15 2016 70 Puts
CHK Jul 15 2016 4 Puts
DUST Jul 15 2016 33 Calls (Covered)
DUST Jul 15 2016 16 Calls (Covered)
DUST Jul 15 2016 7 Calls (Covered)
ETE Jul 15 2016 13 Puts
FL Jul 15 2016 50 Puts
HUM Jul 15 2016 140 Puts
JOY Jul 15 2016 10 Puts
JOY Jul 15 2016 25 Calls
KATE Jul 15 2016 14 Puts
KMX Jul 15 2016 40 Puts
MRO Jul 15 2016 15.5 Calls (Covered)
MRO Jul 15 2016 10 Puts
MRO Jul 15 2016 8 Puts
NFLX Jul 15 2016 105 Calls
NUGT Jul 15 2016 160 Calls
NUGT Jul 15 2016 175 Calls
NUGT Jul 15 2016 220 Calls
RGR Jul 15 2016 55 Puts
RH Jul 15 2016 27 Puts
SDRL Jul 15 2016 3 Puts
SVXY Jul 15 2016 33 Puts
SVXY Jul 15 2016 42 Puts
SVXY Jul 15 2016 43 Puts
SVXY Jul 15 2016 44 Puts
SVXY Jul 15 2016 45 Puts
SVXY Jul 15 2016 46 Puts
SVXY Jul 15 2016 47 Puts
SVXY Jul 15 2016 49 Puts
SVXY Jul 15 2016 60 Calls
SVXY Jul 15 2016 62 Calls
SVXY Jul 15 2016 64 Calls
SVXY Jul 15 2016 65 Calls
SVXY Jul 15 2016 67 Calls
SVXY Jul 15 2016 70 Calls
SVXY Jul 15 2016 71 Calls
SWN Jul 15 2016 14 Calls (Covered)
UVXY Jul 15 2016 8 Calls (Covered)
UVXY Jul 15 2016 12.5 Calls (Covered)
UVXY Jul 15 2016 22 Calls (Covered)
UVXY Jul 15 2016 23 Calls (Covered)
UVXY Jul 15 2016 24 Calls (Covered)
UVXY Jul 15 2016 32 Calls (Covered)
WDC Jul 15 2016 40 Puts
— Assignments —
CNX Jul 15 2016 15 Calls (Covered)
DUST Jul 15 2016 7 Puts
GTLS Jul 15 2016 25 Calls (Covered)
JWN Jul 15 2016 40 Calls (Covered)
SDRL Jul 15 2016 5 Puts
SVXY Jul 15 2016 54 Calls (Covered)
UVXY Jul 15 2016 8 Puts
WDC Jul 15 2016 50 Calls (Covered)
OptionsExpiration
$NUGT $60 puts
$NUGT $75 puts
$NUGT $105 put
$NUGT $120 put
$NUGT $131 put
$NUGT $220 calls
$SVXY $40 puts
$SVXY $49 puts
$SVXY $51 puts
$UVXY $32 calls
Nicely profitable expiration this week. Have a great weekend everyone.
Kelly
Expirations
I know it is early but I think it is over for today. Have a good weekend, I am going to the gym.
30 puts
32 puts
33 puts
34 puts
35 puts
36 puts
37 puts
38 puts
39 puts, 40 puts, 45 puts, 47 puts, and 50 puts
#optionsexpiration
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY AUG 19 2016 26.0 Calls @ 0.15
$UVXY #CoveredCalls #VXXGame – Sold…
$UVXY #CoveredCalls #VXXGame – Sold UVXY Jul 29 2016 12.0 Calls @ 0.17 with the stock at 7.10
SVXY
I have a lot of puts expiring today so I am selling some September puts to replace them.
STO:
36 puts@1.05
37 puts @1.20
38 puts @1.30
39 puts @ 1.40
$SVXY #CoveredCalls #Rollup #VXXGame -…
$SVXY #CoveredCalls #Rollup #VXXGame – I rolled all the calls that I need to for this week in the first 30 minutes this morning.
I have some 54 calls that I’m going to let get assigned this week because I got over 9 points premium when I sold them. That gets me out of a block of the stock above 63. I’ll take it and move closer to cash.
Bought to close SVXY JUL 15 2016 55.0 Calls/Sold SVXY JUL 22 2016 56.5 Calls for a 0.05 Credit
Bought to close SVXY JUL 15 2016 55.5 Calls/Sold SVXY JUL 22 2016 57.0 Calls for a 0.05 Credit
Bought to close SVXY JUL 15 2016 56.0 Calls/Sold SVXY JUL 22 2016 58.0 Calls for a 0.05 Credit
Bought to close SVXY JUL 15 2016 56.5 Calls/Sold SVXY JUL 22 2016 58.5 Calls for a 0.10 Credit
I added either 1.5 or 2.0 points to the strike prices for only one more week of exposure.
$SVXY #CoveredCalls #Rollup – did…
$SVXY #CoveredCalls #Rollup – did the following roll this afternoon –
Bought to close SVXY JUL 15 2016 55.0 Calls / Sold SVXY JUL 22 2016 56.0 Calls for a 0.20 credit.
Added a point to the strike price with only an extra week of time added on.
I’ll have others to roll tomorrow unless the market/stock breaks down sharply.
Doesn’t seem likely given the current momentum.
New VIX low notched earlier…
New VIX low notched earlier (12.72), but back up to flat now. Another day of all-time lows in VXX and UVXY.
Options Bistro 