#ShortPuts #IRA – These have barely moved today so booking them and hopefully getting to re-load a little nearer term.
Bought to Close SVXY NOV 17 2017 65.0 Put @ .75 (sold for 2.63)
Bought to Close SVXY DEC 15 2017 35.0 Puts @ .38 (sold for 1.15)
Bought to Close SVXY JAN 19 2018 35.0 Put @ .85 (sold for 2.45)
Bought to Close SVXY MAR 16 2018 35.0 Put @ 1.30 (sold for 3.25)
#SPXcampaign I’m continuing to roll out threatened call spreads as if we will be continuing up. Today, the down move was larger than expected so some trades were made too early.
Stopped Call spreads:
Oct 23rd (today) 2565/2590 for 11.40. Had I waited, looks like it would have expired.
Oct 30th 2570/2595 for 11.00.
Oct 30th 2500/2525 for 24.50.
Rolls sold:
Oct 25th 2575/2550 put spreads for 3.85
Nov 6th 2520/2545 call spreads for 22.10
Nov 8th 2580/2555 put spreads, sold ITM for 9.35
Standard spreads sold:
Nov 16th (monthly) 2500/2475 put spreads for 1.40 (didn’t fill on Friday, so sold today)
Nov 24th 2485/2460 put spreads for 1.45
#ShortStrangles and possibly #PerpetualRollingStrangles – Haven’t been in this one in awhile. Finally showing some two sided action…
Sold EWZ DEC 15 2017 40.0/44.0 Strangles @ 1.55
#FallingKnife #IRA #Dividends – Maybe a decent place to buy it if she keeps falling…
Sold KMB APR 20 2018 105.0 Put @ 3.00
#VXXGame STO $SVXY Nov 17th 90 put for 1.87.
#LongPutDiagonals BTC $VXX Nov 3rd 43 put for 9.35. Sold for 6.70 on a roll.
First SPX down day in several, but VIX and VXX products not showing much interest.
#Earnings – Trying something a little different. Instead of waiting until the day of the announcement I’m selling a starter position in case this thing breaks higher. I’ll add if it drops and then decide later if I’m gonna sell the call side.
Selling the 50 ma the week of earnings…
Sold NVDA NOV 10 2017 180.0 Put @ 2.30
$GWW #ShortPuts – Bought to close 1 GWW Dec 15 2017 135.0 Put @ 0.05. It won’t trade any lower.
Sold for 1.40 on 5/15/17
#ShortStrangles – Taking a little off and looking out to #Earnings week for a new position…
Bought to Close NVDA NOV 3 2017 180.0/215.0 Strangles @ .63 (sold for 5.11)
Does it mean you are officially a professional trader if you make more trading than you do at work? If so I can say I am finally there. I used to do it occasionally, a week or month here or there but then would give a lot back but now can say I have done it 6 months non-stop. I suppose an entire year would be more accurate but this includes some losing trades so close enough? I thought it would be obvious but kind of happened quietly as compounding works it’s magic.
I will keep working, have 13 years before I can access most of that but nice to know retirement is covered at age 47.
Thanks for the help in getting there, you guys gave me some ideas and adjustments to my trading that made the difference!!!
Only 1 new trade this week, everything else waiting on earnings.
STO SWKS 11-17 98 put at 1.3. Probably ladder this one again at the end of the week once a clear out a few other positions after some earnings report.
STO January 2019, 50 puts @8.10
$EQT #ShortPuts – Bought to close EQT Dec 15 2017 45.0 Puts @ 0.05. They won’t trade any lower and still have 2 months until expiration.
Originally sold on 06/06/2017 @ 1.55 and added a few weeks later at 1.75
#Rolling #ShortPuts
Rolled Nov 17 40/35 put for 1.45 credit
STO Nov 17 40 put @ 1.95 Trad IRA acct.
Staying with this ticker, hmm “ticker addict”, 4.5% yield, earnings Nov 9, amc.
Phrasing it this way: “trade your play, play your trade”
#fallingknife STX
Closed Dec. 15 28 put for .05, sold Aug. 24 for 1.37-we all know where this came from-thanks as always
#Earnings ?? – As usual the date changed over the weekend. TOS estimating the 26th now but IV still reflects their original date of Nov 1st. Who knows? Nothing on the WYNN website yet…
STO December 15, 850/810 bull put spread @2.30
Sold to open, March 27.5 puts @.60, stock at 30.43
$TRTN sold to close 100 shares @ 39.80 assigned from Nov 20 40 put sto Oct 16 @ 2.81.
$SPX #SPCcampaign Morning all. I missed Friday and closing the call side of my Oct 31 IC. Closed it this morning for 1.55. Back to hunting for the holy grail in bathroom tile.
$SVXY $ShortPuts – I will likely be forced to cover some short calls in this runaway freight train this week so I’m getting rid of the offsetting short Puts
Bought to close SVXY Dec 15 2017 17.5 Puts @ 0.10 – sold at 0.67
Bought to close SVXY Dec 15 2017 27.5 Puts @ 0.21 – sold at 1.09
Bought to close SVXY Jan 19 2018 11.0 Puts @ 0.11 – Sold at 1.23
Bought to close SVXY Jan 19 2018 12.5 Puts @ 0.12 – Sold at 1.30
Bought to close SVXY Jan 19 2018 15.0 Puts @ 0.15 – Sold at 0.36
Bought to close SVXY Jan 19 2018 34.0 Puts @ 0.74 – Sold at 3.40
Bought to close SVXY Jan 19 2018 34.5 Puts @ 0.75 – Sold at 3.45
$DUST #CoveredCalls – Sold DUST Oct 27 2017 26.5 Calls @ 0.15 replacing last week’s strike 26 calls.
#OptionsExpiration #Earnings #ContangoETFs #VXXGame #LongPutDiagonals
Forgot to post this!
— Expiring w/max profit —
HCA 82.5 #CoveredCalls
NUGT 45 call
SVXY 55 and 68 puts
VXX 50 call
— Expiring w/max loss —
GWW 180/185 #ShortCallSpreads
NFLX 210/220/230 #CallButterfly
Be sure to periodically click “Home/REFRESH” above to keep Bistro features updated.
Not a Profitable OPEX
Expired Full Profit
$SPX 2360/2380 BUPS
$SPX 2485/2510 BUPS
$SPX 2495/2520 BUPS
$SPX 2390/2415 BUPS
$BA 242.50/252.50 BUPS
$BABA 155/160 BUPS
$AAPL 140/148 BUPS
$GS 220/230 BUPS
$ALB 110/120 BUPS $AMZN 900/920 BUPS
$NVDA 165/175 BUPS $JD 46/48 BUPS
$NFLX 150/160 BUPS
$BBY 52.50 put
$NVDA 195 Put Rolled from 175-185-195 for 2.95 a Contract Thank you @ramie77
$SQ 28 put
$SQ 29 put
$CALA 15 put
$MZOR put
$WDC 72.50 put
$KEM 24 put
$HTZ 20 put
$ZION 40 put
$EXAS 47 put
$HTZ 25 call (Covered)
Closed Early
$NVDA BTC 10/20 195 call STO @ 1.25 Net profit on strangle 1.70 Thank you @ramie77
Max Loss
$CELG 130/135 BUPS Thursday before OPEX FDA announcement
$CELG 125/130 BUPS Thursday before OPEX FDA announcement
$SPX 2570/2550 BECS
$BIDU 250/240 BECS
$TEVA 22/22.50 BUPS
Assigned
$NFLX 190 call
$COST @ 160
$MOMO @ 35
$DXCM @ 45
$PI @ 35
#OptionsExpiration for Oct 20
Not many expirations this month–I’ve been much more aggressive taking positions off earlier with the market at these levels. I’ve been particularly focused on #VXXGame positions so I’m running out of them and itching to sell more. I won’t sing the same old song but What The World Needs Now Is Vol Sweet Vol….
Expiring:
$AMZN Oct 20 1020 calls
$CAT Oct 20 125 puts
$CMG Oct 20 275 puts
$IWM Oct 20 144 puts
$SNAP Oct 20 15 puts
$SVXY Oct 20 50 puts
$UVXY Oct 20 50 calls
$TEVA Oct 20 17.50 calls
Assignments:
$TEVA Oct 18.50 puts from an inverted strangle. I will reinitiate calls on this on Monday (provided the stock doesn’t tank in the am).
Have a great weekend.
#OptionsExpiration
TRTN Oct 20 30 puts
#Assignment ?
“To be assigned, or not to be assigned” on TRTN Oct 20 40 put when stock closed at 39.95, cost basis 37.27? Probably find out tomorrow when settled, maybe…film at 11:00 😉
Have great weekends…
EDIT: Saturday, Oct 21, assigned 100 TRTN shares @ 39.95 on a 40 put…go figure?! Reached all time high of 40.50 Friday. Could be a run up to earnings on Nov 9 amc, TOS.
#OptionsExpiration #Monthlys #Oct20 – A fairly big expiration as a whole bunch of Puts are expiring. The biggest are $GWW $MYL that have been weak for a long time but are acting better now. Some covered Calls expiring too.
Adding to some existing long stock positions at lower prices but I may be waiting for a while for them to recover. Will continue to sell covered calls on any rallies.
— Expirations —
APA Oct 20 2017 40 Puts
DUST Oct 20 2017 26 Calls (Covered)
GWW Oct 20 2017 145 Puts
GWW Oct 20 2017 150 Puts
GWW Oct 20 2017 155 Puts
GWW Oct 20 2017 160 Puts
JEC Oct 20 2017 47.5 Puts
K Oct 20 2017 60 Puts
KR Oct 20 2017 28 Calls (Covered)
MAT Oct 20 2017 17 Calls (Covered)
MRO Oct 20 2017 20 Calls (Covered)
MUR Oct 20 2017 22.5 Puts
MYL Oct 20 2017 32.5 Puts
MYL Oct 20 2017 35 Puts
NUGT Oct 20 2017 26 Puts
PCG Oct 20 2017 45 Puts
QCOM Oct 20 2017 45 Puts
TAP Oct 20 2017 78 Puts
UAA Oct 20 2017 25 Calls (Covered)
URI Oct 20 2017 75 Puts
UVXY Oct 20 2017 20.5 Calls (Covered)
UVXY Oct 20 2017 20 Calls (Covered)
X Oct 20 2017 18 Puts
XOM Oct 20 2017 70 Puts
ZGNX Oct 20 2017 2 Puts
ZGNX Oct 20 2017 3 Puts
ZGNX Oct 20 2017 49 Calls
ZGNX Oct 20 2017 50 Calls
ZGNX Oct 20 2017 55 Calls
— Assignments —
GWW Oct 20 2017 175 Calls (Covered) Nice gain on the stock
GWW Oct 20 2017 180 Calls (Covered) Nice gain on the stock
KR Oct 20 2017 27 Puts
MAT Oct 20 2017 20 Puts
MAT Oct 20 2017 21 Puts
MAT Oct 20 2017 22 Puts
UVXY Oct 20 2017 17 Puts
40 years ago…
http://www.rollingstone.com/music/features/remembering-lynyrd-skynyrds-plane-crash-ronnie-van-zant-w509500
$SVXY $50 puts
That’s it, very few open positions.
#VXXGame Rolled these two from the ITM call I closed:
STO $SVXY Dec 15th 95 put for 5.25
STO $SVXY Jan 2019 205 call for 8.05 (highest strike)
#Earnings #IronButterfly BTC $NFLX Oct 20th 200 put for 5.80. Sold in the 190/200/210 Iron Butterfly for 8.18 on Monday. Plus I had a call butterfly that was a bust, so profit all together was a whopping 1.18!
Only 2 today. Have a nice weekend everyone. I will be eating stone crabs tonight as they are now in season. I continue to see the rise in the SVXY and it is unbelievable.
QCOM 57.5 covered calls
COST 150 puts
STO Nov 3 $15/$17 calls spreads @ $.49, defined risk way of playing for further decrease over the next couple of weeks.
MU BTC 14 DTE 39 put for 0.35. Had sold for 1.05. Freeing u margin for next week.
That really is my last trade for the week, going for bike ride.
$ZGNX #ShortCalls – Giving up!
Bought to close ZGNX Oct 20 2017 31.0 Call @ 8.80. They can’t be easily rolled, and I considered going short the stock because they are a long way from a marketable drug but I’m taking my lumps and walking away.
$UAA #CoveredCalls – Sold UAA NOV 3 2017 20.5 Calls @ 0.22 with the stock at 17.48
Bought to close:
$UVXY Jan 19 2018 82 call @ .72. Sold for 12.10 on 8/11.
$UVXY Jan 19 2018 91 call @ .64. Sold for 8.95 on 8/17.
$UVXY Mar 16 2018 82 call @ 1.39. Sold for 14.00 on 8/11.
$UVXY Mar 16 2018 91 call @ 1.24. Sold for 7.00 on 9/5.
$SVXY Dec 15 2017 25 puts @ .19. Sold for .70 on 6/29.
$SVXY Dec 15 2017 40 put @ .54. Sold for 2.10 on 8/10.
$SVXY Dec 15 2017 50 put @ .83. Sold for 3.30 on 8/9.
$SVXY Jan 19 2018 30 puts @ .61. Sold for 3.20 on 1/26.
#VXXgame BTC $SVXY Oct 20th 90 call for 18.00. Sold for 2.65 on Aug 25th. This one slipped past me, should have rolled much earlier.
BTC $VXX Oct 20th 44 put for 10.00. Sold in a #StrangleRoll for 5.86 on 9/22. Part of the #LongPutDiagonals. Not rolling these anymore… waiting for some volatility to sell any more options against the long positions.
#ShortCalls – Here’s how I’m handling my short calls that get in trouble. Well before they get in the money (usually as they reach about 3 times more than they sold for) I roll them out to put spreads.
Rolled SVXY JAN 19 2018 117.5 Calls to JUN 15 2018 120.0/105.0 Bull Put Spreads @ .10 credit
So now what?
1. We continue up and life is good (except for the next batch I have to roll)
2. We tank and I own SVXY. By using spreads it really doesn’t matter how low it goes. In fact, the lower the better. Wherever it ends up I’ll be getting the stock at a basis 12.25 above wherever it’s trading at the time. (sold the original call for 2.75 and the spread is 15 wide)
$UVXY #ShortCalls #VXXGame – Bought to close 1 UVXY Dec 15 2017 65.0 Call @ 0.49.
Originally Sold on 8/10/17 at 11.60.
Only 1 more of these left to cover.
#Earnings #ShortStrangles – Finally out of the entire position. Great earnings day in this and ISRG…decks are clear for next week now.
Bought to Close ATHN OCT 20 2017 106.0/129.0 Strangles @ .25 (sold for 2.35)
$GE #ShortPuts #FallingKnife – Sold GE JUN 15 2018 22.0 Puts @ 1.30 this morning on the earnings news.
You won’t get rich selling options on a stock that mostly moves like a big glacier. But I wouldn’t mind owning it at 20.70.
Last trade for the week, have a good weekend everybody!
$PG sold to open a 80 put 3/16/18 as almost falling knife
$UAA #ShortPuts – Bought to close UAA Oct 20 2017 17.5 Puts @ 0.41 with the stock at 17.11 to avoid possible assignment tonight.
Originally sold in March at 1.51
Closed Early
#spxcampaign
$SPX BTC 10/27 2390/2415 BUPS @ 93% profit
$SPX BTC 10/23 2530/2555 BUPS @ 1.00 STO 10/16 @ 4.70 78% profit
$WYNN 10/20 143/148 BUCS @ 26% profit
Rolled
$AAOI BTC 10/20 55 put STO 11/17 55 put @ 2.70 credit. Third roll. Basis now 45.30.
$AAOI BTC 10/20 50 put STO 11/17 50 put @ 2.20 credit. First roll. Basis now 45.80.
$SPX #SPXcampaign Sold to open Nov 3rd 2500/2475 BuPS @ 0.75 with SPX @ 2568.75.
$TSN #ShortPuts – Bought to close TSN Jan 19 2018 47.0 Puts @ 0.05. They won’t trade any lower and don’t expire for 3 more months.
Originally sold in May at 1.20.
$LB #ShortPuts – Bought to close LB Nov 17 2017 32.5 Puts @ 0.05. They won’t trade any lower so there is no point in waiting another month to make the last nickel.
Originally sold in April at 1.20.
#coveredcalls CAG
Following Tradewise covered calls, buy/write Nov. 17 35, will pick up a small dividend as well. Looks like a still possible #fallingknife maybe.
$CELG #ShortPuts #FallingKnife #OptionLadder – Sold CELG APR 20 2018 90.0 Puts @ 1.26
#ShortStrangles – Rolling these again. Sold against Nov monthly 130 calls…
Rolled WYNN OCT 20 2017 152.5 Puts to NOV 3 2017 152.5 Puts @ 1.46 credit
#Earnings #ShortStrangles – Pushing the limits on the call side so still watching. I’ll switch to puts and roll it out if it stays strong. Closing the puts while waiting…
Bought to Close ATHN OCT 20 2017 106.0 Puts @ .05
Covered calls, STO January 60 calls @ .40 cents. My 57.5 covered calls will expire today so just replacing the call side.
#ShortPuts #IRA – Thanks @jsd501 !
Sold CELG APR 20 2018 100.0 Put @ 2.30
Sold CELG APR 20 2018 95.0 Put @ 1.60
STO March 90 puts @.90 cents
#Earnings #ShortStrangles – Closing this while I’ve got a chance. Last time I did an earnings trade on this one I pushed my luck on the call side and had to fight it for 6 months…
Bought to Close ISRG OCT 20 2017 340.0/375.0 Strangles @ .85 (sold for 3.55)
$CELG #ShortPuts #FallingKnife – Sold 1 CELG MAR 16 2018 95.0 Put @ 1.37
#T
btc on gtc jan 19 ,30 strike call @ 6.00 had sold for 6.68.
STO January 45 puts @2.90
$APA #ShortPuts #OptionLadder – Bought to close APA Oct 20 2017 42.5 Puts @ 0.50 to avoid possible assignment of this ITM position.
Sold these in April at 1.37 and again at 1.57, so still a nice gain.
Still short today’s 40 Puts, plus Jan 37.5 and 35 Puts, and April 32.5 Puts for a nice #OptionLadder
Jeff if you have time any suggestions.
I have 1 spx call nov 8th 2535/2560 have rolled twice and collected $4.00 total.
present price to close is 20.35
suggestions to close and break even.
what if I btc existing and there is a nov 8 2570/2695 for 10.30, could sell 2 contracts.
thanks in advance.
STO December 115 puts @ 2.70
STO January 100 puts @1.05
Closed Early
$AAPL BTC 10/20 165/157.50 BECS @ 55% profit
$ADBE BTC 145/150 BUPS @ .15 STO 10/17 @ 1.60 (89% profit) Lucky
$LRCX BTC 10/20 185/195 BUPS @ 68% profit. Earnings trade. Got out when today went south for a while
#vxxgame
$SVXY STO 12/15 90 puts @ 6.30 Thank you @jeffcp66
#shortputs
$PCLN STO 10/27 1885/1905 BUPS @ 2.80 SUZ @ OMM
$T STO 11/17 36 put @ 1.00 Thank you @tabortrader
#spxcampaign
$SPX STO 11/1 2540/2515 BECS @ 22 Thank you @jeffcp66
$SPX STO 11/17 2440/2465 @2.60
$SPX STO 11/1 2515/2540 @4.00
After testing 100 this morning.
Un-be-****lievable.
#Earnings #ShortStrangles – First time ever in this ticker. Expected move of 9.75 but seems to exceed the move a lot of the time. Staying small…
Sold ATHN OCT 20 2017 106.0/129.0 Strangles @ 2.35
#Earnings #ShortStrangles – Got out of this a couple weeks ago. Had so much fun I’m heading back in…
Sold ISRG OCT 20 2017 340.0/375.0 Strangles @ 3.55 (expected move of 14.05)
$FLR #ShortPuts – Bought to close 1 FLR OCT 20 2017 42.5 Put @ 0.05 to avoid possible assignment tomorrow. The stock opened down at 42.27 this morning before recovering or I would have let this one run out.
Originally sold on 05/17/2017 at 1.65 as a #FallingKnife trade.
Still short the Jan 35 and 40 Puts that are nicely profitable.
$TSCO #ShortPuts – Bought to close 1 TSCO OCT 20 2017 60.0 Put @ 1.35 to avoid possible assignment tomorrow. The stock has been below 59 all day today.
Originally sold at 1.80, and along with my buy back of the Oct 55 Puts at 0.05 on 10/03, this stock was still a decent money maker.
Still short the Jan 45 and 50 puts trading at nice gains.
Rolled WDC 86.5 puts this week to next week 85 for 0.65 credit.
Rolled WDC this week 85 CCs to next week for 1.89
Rolled WDC this week 84 ccs to 85 for 1.31 and 1.32 credits
STO SVXY Jan 2019 50 put at 1.92
Nothing else expiring until next week. Finally at least not an up day but we still have 3 hours to the close so I am sure we will have another record after the pull back this morning.
$AAOI #ShortPuts #FallingKnife – Sold 1 AAOI MAR 16 2018 22.5 Put @ 1.60 with the stock at 42.05
$OXY #ShortPuts – Bought to close OXY NOV 17 2017 50.0 Puts @ 0.01. Still a month to go before expiration.
Originally sold on 05/04/2017 at 1.17. Still have the Nov 52.5 Puts to cover.
Taking advantage of the still high IV (IV rank is 63) to sell some Dec puts into this huge down move.
Sold $UAL Dec 15 55 puts @ 1.25.
ATHN – Big IV
ISRG – Probably selling some puts…it’s a lot more reasonable after the 3 for 1 split.
PYPL – Watching but not sure…very extended like many others
SKX – Cheap with bigIV so maybe worth a shot…love the shoes. Golf shoes, regular tennis shoes, and work shoes all SKX. 🙂 🙂
VZ – Yuck…no premium
#ShortStrangles – WYNN does this nearly every quarter with the earnings date. I’ve got puts I need to roll and TOS estimates earnings on Nov 1st. Last quarter I rolled based on that and then they moved it up a week and I was instantly losing on the roll as the IV popped. Looks to me based on the last few dates it will be next week and TOS will be wrong again. Would be nice if it changes before I’m forced to roll…
