$SVXY #ShortCalls – Sold 1 SVXY Jan 18 2019 165.0 Call @ 6.90 with the stock at 93.08 and the VIX index at 9.52.
Recent Updates Page 404
$CMG $HES $HP $NOV $RRC…
$CMG $HES $HP $NOV $RRC – some very short term speculative trades –
Sold CMG Aug 11 2017 315.0 Puts @ 0.65
Sold HES Aug 18 2017 41.5 Puts @ 0.58
Sold HP Aug 18 2017 45.0 Puts @ 0.65
Sold NOV Aug 18 2017 31.0 Puts @ 0.45
Sold HES Aug 18 2017 17.0 Puts @ 0.45
SRPT closed
#Earnings #ShortStock Looks like this one may be done going down. Exited my last bit of short stock for 39.90. Cost basis 41.40. However, on half of the original position I took max loss rather than assignment, so overall the trade was a loser.
SWKS ladder
Rolled the 8/11 103 put to 9/1 101 for credit of 0.83. Sold for 7.97 originally off an adjusted roll when the stock dropped 16 points in 2 weeks.
After 3-4 weeks of rolling nice to finally be out of that one with a good profit.
UVXY
BTC August 11, 60 call @.01 I could have let it just expire but for 1 penny I take the risk off the table.
#spxcampaign rolled calls,11 aug, 2485/2510…
rolled calls,11 aug, 2485/2510 to 21 aug, 2490/2515 credit, 1.45 plus 1.85 rec already = 3.30
- 2 accounts
PLCE earnings
#Earnings #ShortPuts A consistently bullish earnings trade.
Sold to Open $PLCE Aug 18th 110 puts for 2.00. Over 13 days after earnings in last 12 quarters, Biggest UP move: 19.3%, Biggest DOWN move: -4.5%, Average move: 8.2%. A +6.6% positive bias. This trade is -6.4% OTM.
#spxcampaign rolled call 2450/2475, 14…
rolled call 2450/2475, 14 aug to sept 1st. for 2.20 debit,have collected so far 5.80( this is 3rd roll).
now credit of 3.60 waiting for drop of market to rid of this problem child.
thanks jeff
$SPX
Morning all. Sold to close my short term butterfly class trade on the open @ 14.60. Originally opened for 13.40 on 8/06. This is the second to last position to be cleared before I take a long awaited hiatus. Still holding Aug 11th SVXY 80 and 85 puts.
#spxcampaign yesterday at and after…
yesterday at and after close
felt like a tsunami was coming and got out of way,this morning unwarranted now.
spx this morning still dancing in the same place and vix ….ha what vix
btc 18/aug 2515/2540 @.35 had sold for 1.70
btc 11/aug 2495/2520 @ .80 had sold for 1.90
btc 18/aug 2510/2535 @ .60 had sold for 1.80
Expired SPX Aug 7 2440/2435
Expired SPX Aug 7 2440/2435
Good morning
SPX Campaign
#spxcampaign
$SPX STO 8/23 2405/2440 BUPS @ 2.25
SPX puts closed
#SPXcampaign After the bell, closed on GTC order: $SPX Aug 9th 2440/2415 put spreads for .20. Sold for 2.10 on July 28th.
#spxcampaign saw the rush at…
#spxcampaign
saw the rush at market end and exited various positions in spx.
report later.
SPX Campaign
#spxcampaign
$SPX STO 8/23 2405/2440 BUPS @ 2.25
Calling the top
#SPXcampaign Sold to open $SPX Aug 21st 2480/2505 call spreads for 8.90. Since I just closed an #ATMroll I’m selling another at the same strikes. We are still in an Upside Warning but it seems to have run out of steam… Famous last words, perhaps. We just hit a two-week high, so this could finally be the run to 2500.
$TRIP #ShortStrangles #Earnings – sold…
$TRIP #ShortStrangles #Earnings – sold some of these. Trying for better prices.
Sold TRIP Aug 11 2017 35.0 Puts/44.5 Calls @ 1.00.
Earnings after the close tomorrow and these expire Friday.
ZNGA stock
#Earnings #LongStock Trailing stop knocked me out of half my position at 3.58. May hold the rest for another day.
Short Puts $AAOI
Adding to ladder (Hope it is not slippery)
$AAOI STO 9/15 60 put @ 1.90
$AAOI STO 9/22 55 put @ 1.50
Thank you @optioniceman
SPX calls closed
#SPXcampaign Bought to close $SPX Aug 7th 2480 calls for .50. Sold in the 2480/2505 call spreads for 7.50 on July 26th. Nice one to close. Now for those two ITM spreads down around 2440. Ready for the VIX to wake up!
STO WDC 8/18 84 calls…
STO WDC 8/18 84 calls at 0.83 and 85 calls at 0.72 against assigned positions. Will take about 3 weeks of rolling to break even and a few more weeks to make extra cash on it. Already have cost basis into mid 87s, assigned at 90 but currently sitting at 81 and change.
STO XBI 9/15 74 puts at 0.98. Resetting the ladder. Had to close a few early last week to open up some margin so I could take delivery of the wdc puts/stock.
#BLK sto 11 dte call…
#BLK
sto 11 dte call @ .80…. 440/450
$UHS #ShortPuts #FallingKnife – Sold…
$UHS #ShortPuts #FallingKnife – Sold 1 UHS Jan 19 2018 90.0 Put @ 1.70 with the stock 107.49
SPX calls sold
#SPXcampaign Sold to Open $SPX Sept 8th 2525/2550 call spreads for 1.55. Had an order in for 1.60 since dawn; no fill so I lowered it.
$VIX #CNBC – I keep…
$VIX #CNBC – I keep beating this dead horse ….
The S&P 500 is on pace for its 72nd straight trading session without a gain of 1 percent or more — its longest such streak since early 2007.
The implications of this kind of historical market calm that’s been the subject of much debate across Wall Street this year are concerning to some strategists who believe low volatility (while the market grinds to all-time highs) is the so-called calm before the storm.
The last time the S&P posted a gain larger than 1 percent in a single trading session was on April 24, with a gain of 1.08 percent.
edit: SPX hasn’t closed up or down 0.3% for 12 consecutive days. 10 in a row in ’66 and ’61 were the previous records.
Edit2: Looking at SVXY, the range for the last 6 trading days is only 3 points 89.81 – 92.85
$AMZN Iron Condor and Residue of 8/4 Expiration
#shortputs #shortcalls
$AMZN STO 8/18 940/950/1040/1050 @ 1.39
Residue
$AAOI STC Shares put to me at 65 (basis 62.90) @ 69.48
$WYNN STC Shares put to me at 133 (basis 129.60) @ 129.71
$ZNGA STC Shares tendered to me @3.50 (Basis 3.70) @ 3.60
#fallingknife #shortputs VIAB Followed Iceman…
#fallingknife #shortputs VIAB
Followed Iceman from Friday, sold Dec 27.50 put for 1.30
FLR
STO January 2018, 35 puts @1.30
#football joke For you Bears…
#football joke For you Bears and Dolphins fans out there, time to buy puts on the Dolphins season
$FLR #ShortPuts #FallingKnife – Sold…
$FLR #ShortPuts #FallingKnife – Sold 1 FLR JAN 19 2018 35.0 Put @ 1.25 with the stock at 39.38
$FLR #FallingKnife Sold $FLF Jan…
$FLR #FallingKnife
Sold $FLR Jan 19 2018 35 puts @ 1.30
W earnings
#Earnings This is a trade I did in 1st quarter that worked nicely. Wayfair has made some big moves on earnings before, which is probably why premiums are so high.
Sold to Open $W Aug 11th 75/80/85 #IronButterfly for 4.25. Max risk .75. Biggest UP move: 28.2%, Biggest DOWN move: -19.6%, Average move: 13.3%. Profits between 75.75 (-3.6%) and 84.25 (+7.2%). Slightly bullish with the trend and high call interest at 80.
$MYL #ShortPuts #Fallingknife – Sold…
$MYL #ShortPuts #Fallingknife – Sold 1 MYL Jan 19 2018 27.5 Put @ 1.15 with the stock at 31.55
$MOS #ShortPuts #Fallingknife – Sold…
$MOS #ShortPuts #Fallingknife – Sold 1 MOS Jan 19 2018 20.0 Put @ 1.09 with the stock at 21.88
$AAOI #ShortPuts – a couple…
$AAOI #ShortPuts – a couple of random shorter term trades on this name.
Sold 1 Sep 15 2017 55.0 Put @ 2.20 with the stock at 63.63
Sold 1 (Weekly) Sep 22 2017 50.0 Put @ 1.40 with the stock at 63.35
SPX puts closed
#SPXcampaign In overnight session, closed on GTC order: $SPX Aug 7th 2470/2445 put spreads for .50. Sold for 4.20 on July 26th. Still holding the 2480/2505 call spreads expiring today.
ZNGA stock
#Earnings #Assignment #LongStock
Forgot to close my long 3.50 calls on Friday so I was assigned 1,000 shares. I put .05 trailing stop on to enjoy any gain on the day, or close it out before it goes below 3.50. Cost basis is 3.70.
Economic Data
10:00am EST Labor Market Conditions Index m/m
1:25pm EST FOMC Member Kashkari Speaks
3:00pm EST Consumer Credit m/m – street sees 15.6B
Earnings before Open
AMICUS THERAPT (FOLD) – consensus -0.37
BIOCRYST PHARMA (BCRX) – consensus -0.19
CHIMERIX INC (CMRX) – consensus -0.41
DCP MIDSTREAM (DCP) – consensus 0.14
FIRST DATA CORP (FDC) – consensus 0.34
HORIZON PHARMA (HZNP) – consensus 0.12
LUMOS NETWORKS (LMOS) – consensus 0.01
ON DECK CAPITAL (ONDK) – consensus -0.07
ON SEMICON CORP (ON) – consensus 0.32
TYSON FOODS A (TSN) – consensus 1.27
UNIQUE FABRICTG (UFAB) – consensus 0.23
WILLIAM LYON HM (WLH) – consensus 0.49
YATRA ONLINE (YTRA) – consensus -0.26
Earnings After Markets Close
APPLE HOSP REIT (APLE) – consensus 0.52
ARENA PHARMA (ARNA) – consensus -0.68
AVIS BUDGET GRP (CAR) – consensus 0.42
BANKRATE INC (RATE) – consensus 0.11
CBS CORP (CBS) – consensus 0.97
DEPOMED INC (DEPO) – consensus -0.41
DIPLOMAT PHARMA (DPLO) – consensus 0.15
FRESHPET INC (FRPT) – consensus -0.07
LUMINEX CORP (LMNX) – consensus 0.11
MANNKIND CORP (MNKD) – consensus -0.25
MARRIOTT INTL-A (MAR) – consensus 1.02
MAXWELL TECH (MXWL) – consensus -0.23
SERVICESOURCE (SREV) – consensus -0.01
TENET HEALTH (THC) – consensus -0.17
TWILIO INC-A (TWLO) – consensus -0.20
Econ Calendar for week of 8/7/17
Email from SMM/OMM
Is it just me or does this sound slightly condescending? Seems like it could’ve been worded better. Maybe my reading comprehension sucks too…LOL
—————————————-
Scott,
It’s been 6 months since we last heard from you, and I wanted to know if you’re still interested in learning to trade profitably. If not, just shoot me back a note and I’ll close down your record.
If you are interested, let me know and I’ll send you back a free month trial to Stock Market and Option Market Mentor.
Please reply today, so I can remove you or help you.
Thanks!
Gary
—————————————-
My reply:
You can close me out…thanks Gary. By the way…the email is a little funny sounding. Makes it sound like the person you’re sending it to is not interested in trading profitably unless they come back. Sounds condescending although I’m sure it wasn’t meant to be. 🙂
Scott
—————————————-
$SVXY – previous bounce point…
$SVXY – previous bounce points are pretty clearly defined on the chart
http://www.finviz.com/quote.ashx?t=SVXY&ty=c&ta=0&p=d
75, then 65, then 60.
Target zones for short term, medium term and longer term puts once a decline begins
$VIX – Anticipating “VIX Shock”,…
$VIX – Anticipating “VIX Shock”, Interactive Brokers Raises Vol Product Margins
“policy will be to consider market outcome scenarios under which VIX might rise to …18”
Expirations
Full Profit
$STMP 125/137 BUPS #earnings Thank you @jeffcp66
$REGN 430/440/500/510 #earnings IC Thank you @jeffcp66
Losses
$AAPL 145/150/155/150 Iron Condor #earnings $76 per contract loss
$AMZN 990/1000 BUPS Full Loss
Assigned
$AAOI 65 puts (62.9 basis) Most likely sell on Monday
$WYNN 130 puts (Basis 128.1) Will sell on Monday
$ZNGA 3.50 calls (Basis 3.70) Will sell Monday
#spxexpected move ending 8.11.17 looks…
#spxexpected move ending 8.11.17
looks like more grind higher.
#OptionsExpiration for 8/4 Only 2…
#OptionsExpiration for 8/4
Only 2 today
$ATVI Aug 4 60 puts
$CMG Aug 4 300 puts
I’ve been taking a bunch of stuff early. Things feel really risky right now.
Thanks for all the great ideas everyone.
#xle assignment 66.65.5 and 67…
#xle
assignment
66.65.5 and 67
will sell straddle next week or cc
$VIAB #ShortPut #FallingKnife – Sold…
$VIAB #ShortPuts #FallingKnife – Sold 1 VIAB JAN 19 2018 27.5 Put @ 1.50 with the stock at 30.33.
The stock is very near the 3-year low at 30.11.
#OptionsExpiration #Weeklys #Aug4 – Some…
#OptionsExpiration #Weeklys #Aug4 – Some nice #Earnings trades this week in $CMG $GRMN $TSLA and $UAA.
Also the standard Volatility trades.
Those are becoming harder to find without taking big risks as the $VIX index is hovering near 10.
No assignments this week.
— Expirations —
CMG Weekly Aug 4 2017 300 Puts
GRMN Weekly Aug 4 2017 45.5 Puts
NUGT Weekly Aug 4 2017 36 Calls (Covered)
SVXY Weekly Aug 4 2017 40 Puts
SVXY Weekly Aug 4 2017 42.5 Puts
SVXY Weekly Aug 4 2017 45 Puts
TSLA Weekly Aug 4 2017 250 Puts
TSLA Weekly Aug 4 2017 255 Puts
UAA Weekly Aug 4 2017 23.5 Calls
UAA Weekly Aug 4 2017 24.5 Calls
UVXY Weekly Aug 4 2017 35 Calls (Covered)
UVXY Weekly Aug 4 2017 35.5 Calls (Covered)
UVXY Weekly Aug 4 2017 36 Calls
UVXY Weekly Aug 4 2017 54 Calls
UVXY Weekly Aug 4 2017 55 Calls
UVXY Weekly Aug 4 2017 56 Calls
UVXY Weekly Aug 4 2017 57 Calls
UVXY Weekly Aug 4 2017 58 Calls
UVXY Weekly Aug 4 2017 59 Calls
UVXY Weekly Aug 4 2017 60 Calls
UVXY 25/100 Weekly Aug 4 2017 14 Calls
UVXY 25/100 Weekly Aug 4 2017 20 Calls
OptionExpiration
$SVXY Aug 4th 80 Puts Have a great wekend all.
Expirations
SVXY: 42.5 puts, 45 puts, 47.5 puts,50 puts,52.5 puts,55 puts
Assignments:
92.5 puts, taking one for the team.
WDC, 84 puts
OptionsExpiration
SVXY $74 puts
SVXY $75 puts
UVXY $31/$34 call spreads
UVXY $35/$37.5 call spreads
UVXY $38 calls
UVXY $44.5 calls
Have a great weekend everyone.
Options Expiration 8/4/17
— Expired w/max profit —
ATVI 60 puts
NVDA 160 puts
REGN 440/430 put spread
STMP 137/125 put spreads
— Expired w/max loss —
AAPL 145/150/155 iron butterflys
DISH 62.5/64.5/65/67 iron condors
NUGT #shortcallspreads BTC Sep 15…
NUGT #shortcallspreads
BTC Sep 15 34/50 call spread for $1.43, sold for $3 in leg-in earlier this week and last week.
NUGT #shortcalls BTC Dec 15…
NUGT #shortcalls
BTC Dec 15 $34 call for $4.60, sold last week for $6.60
$DUST 29.60 $NUGT 29.92 -…
$DUST 29.60 $NUGT 29.92 – the stocks are trading at roughly the same price again, but over time the crossovers are at lower and lower levels as the tracking error from $GDX takes a toll on both stocks.
The best way to take advantage of this is to be short calls on both, adding Theta decay to the equation.
Just be prepared for occasional big swings.
SPX trades
#SPXcampaign
Sold to Open $SPX Sep 1st 2395/2370 put spreads for 1.40.
Sold to Open Aug 16th 2450/2425 put spreads for 2.25.
Closed Aug 9th 2500/2525 call spreads for .15. Sold as part of a #CondorRoll for 3.35 on July 14th.
Closed Aug 11th 2440/2465 call spreads for 21.95.
#ITMroll Sold Aug 18th 2445/2470 call spreads for 19.90
#SPXcampaign SPX 4 AUG 17…
#SPXcampaign SPX 4 AUG 17 2330/2230 BuPS will be close worthless. STO 5 JUL 2017 @4.90. I should close it early but the market was going up. Therefore, I left it closing worthless.
$MYL #ShortPuts #FallingKnife – Sold…
$MYL #ShortPuts #FallingKnife – Sold 1 MYL Jan 30.0 Put @ 1.65 with the stock at 32.91
$PRGO #ShortPuts #FallingKnife #OptionLadder –…
$PRGO #ShortPuts #FallingKnife #OptionLadder – sold these this morning.
Sold 1 PRGO NOV 17 2017 55.0 Put @ 1.30 with the stock at 67.09.
Sold 1 PRGO Jan 19 2018 50.0 Put @ 1.15 with the stock at 67.13.
The three year low is 65.47 from this past April.
$NBL #ShortPut #FallingKnife – Sold…
$NBL #ShortPuts #FallingKnife – Sold 1 NBL FEB 16 2018 22.5 Put @ 1.20 with the stock at 25.55.
The 3-year low is 23.77
$ABC #ShortPuts #FallingKnife #OptionLadder -…
$ABC #ShortPuts #FallingKnife #OptionLadder – sold these this morning.
Sold 1 ABC NOV 17 2017 70.0 Put @ 1.15 with the stock at 80.38
Sold 1 ABC Jan 19 2018 67.5 Put @ 1.25 with the stock at 80.72.
The three year low is 68.38
BTC 8/25 XBI 72.5 puts…
BTC 8/25 XBI 72.5 puts at 0.35. Originally sold at 2.25 as part of a roll so profitable on the original position.
I could have left it but want some extra margin to help adjust the WDC drop which would be a good #fallingknife candidate now. All time high 2 weeks ago, down 16 points now.
$AAOI #ShortPuts #FallingKnife – Sold…
$AAOI #ShortPuts #FallingKnife – Sold 1 AAOI Sep 15 2017 55.0 Put @ 1.40 with the stock at 69.10
Staying very small on this stock
$SVXY #ShortCall – Sold 1…
$SVXY #ShortCalls – Sold 1 SVXY JAN 19 2018 132.5 Call @ 2.47 with the stock at 91.29.
The clock is ticking on these with only about 5 months to expiration and the VIX index at 9.68.
$AMZN
Closed my Aug 11th BeCS @ 0.12. Sold Tuesday for 0.80.
$PXD #ShortPuts #FallingKnife – Sold…
$PXD #ShortPuts #FallingKnife – Sold 1 PXD JAN 19 2018 90.0 Put @ 1.20 with the stock at 134.21
The 3-year low on the stock is 103.50.
$TRIP #CoveredCalls #Rollout #Earnings Bought…
$TRIP #CoveredCalls #Rollout #Earnings
Bought to close 1 TRIP AUG 4 2017 40.5 Call @ 0.01
Sold to Open 1 TRIP AUG 11 2017 42.0 Call @ 1.06
UVXY–closing some pre-split Sep positions
For less than .05.
Bought to close $UVXY1 Sep 15 55 calls @ .04. Sold for .60 on 5/17
Bought to close $UVXY1 Sep 15 60 calls @ .04. Sold for .70 on 6/29
#VXXGame
$MYL #FallingKnife Sold $MYL Jan…
$MYL #FallingKnife
Sold $MYL Jan 19 2018 30 puts @ 1.56.
Stock has gotten hit by 15% over the last few days. Earnings are next week.
Closing Oct TGT
Bought to close $TGT Oct 20 45 puts @ .10. Sold for 1.11 on 3/14.
Long The Dollar
#longcalls
$UUP BTO 9/15 24 call @ .43 (Bridget at OMM)
Closing Aug NUGT
Bought to close $NUGT Aug 18 45 calls @ .02. Sold for .90-1.25 from 6/21-6/23.
TLT GLD
I haven’t been posting any of the #PerpetualRollingStrangles positions but still in them and working. I was getting early exercised a couple times on some DITM TLT. Sometimes as early as 18 days out they were getting tagged. So based on some TT research and trying to maximize P/L per day I’ve been rolling the ITM positions about 3 weeks early and resetting to the 45 day mark. I’ve noticed a huge improvement in daily swings and a nice steady rise in the gains for the positions.
FWIW…
