WMT earnings closed

#Earnings BTC $WMT Aug 18th 81.5 puts for 2.09. Sold in the #BrokenWingButterfly for 2.00 on Wednesday. Small loss; could have been a medium winner had I closed on this morning’s peak, but didn’t anticipate such a pullback.

IRA and trading account, Have a nice weekend

I will have the following expirations in my IRA today:

SVXY: 42.5 puts,45 puts, and 47.5 puts

I will be assigned on INGN 95 puts but the cost basis will be 90.32 and will write covered calls next week.

I have the following SVXY expirations today:

37.5 puts,40 puts,42.5 puts,45 puts,47.5 puts,55 puts,56 puts,57 puts,58 puts, and 59 puts.

$SVXY #ShortPuts #Rolldown – with…

$SVXY #ShortPuts #Rolldown – with only 30 minutes of trading left it’s time to move some positions.
Bought to close SVXY Aug 18 2017 72.0 Puts/Sold SVXY Aug 25 2017 65.0 Puts @ 0.06 Credit
Bought to close SVXY Aug 18 2017 73.0 Puts/Sold SVXY Aug 25 2017 68.0 Puts @ 0.19 Credit
Bought to close SVXY Aug 18 2017 74.0 Puts/Sold SVXY Aug 25 2017 71.0 Puts @ 0.15 Credit.
Only needed to move out 1 week because these were not in the money very much.
I didn’t take the stock because I have plenty already.

$UVXY #ShortCalls – Sold UVXY…

$UVXY #ShortCalls – Sold UVXY SEP 1 2017 91.0 Calls @ 0.91 with the stock at 40.20.


STC Aug18 $81P rolled out to Sep29 $55 and Dec15 $60P for slight credit. Monday we should have more clarity of direction of markets, and hence volatility.

$UVXY Short Calls

$UVXY STO 9/15 91 call at 2.05
$UVXY STO 9/08 91 call at 1.20 Thank you UVXY genie @optioniceman


STO December 30 puts @1.55