#spxcampaign
btc on gtc order, july 14 call 2475 /2500 @ .20 had sold for 1.85
1 minute after bell!
Recent Updates Page 413
#earnings MU bought 26/37 strangle…
#earnings MU bought 26/37 strangle for .11, sold for 1.06
SPX Campaign and Short Puts
#spxcampaign
$SPX STO 8/18 2295/2320 BUPS @ 1.70
$SPX STO 7/28 2320/2345 BUPS @ 1.30
$SPX STO 8/18 2525/2500 BECS @ 1.80
$SPX STO 7/17 2505/2480 BECS @ 1.95
$SPX STO 7/28 2485/2460 BECS @ 1.70
Thank you @jeffcp66 the SPX Muse
#shortputs
$GS STO 7/21 200/215 BUPS @ 1.01
$SVXY STO 7/28 110 puts @ 1.50
SPX closures
#SPXcampaign These closed on GTC orders, on the downs then ups of the day…
$SPX July 7th 2455/2480 call spreads for .25. Sold for 4.25 on June 16th.
$SPX July 10th 2375/2350 put spreads for .25. Sold as part of a #CondorRoll for 5.60 on June 29th.
#ITM roll
Closed July 12th 2420/2445 call spreads for 13.75. Sold as part of an #IBroll for 18.85 on June 29th.
Sold to Open July 19th 2425/2450 call spreads for 14.00.
I’m leaving the put side of the #IronButterfly now, since it is currently OTM. Will keep an eye and roll it should we drop below 2410.
GLD
#PerpetualRollingStrangles – Using this pullback to book some gains and possibly get less inverted or maybe even to a straddle. These were sold against 121 strike puts…
Bought to Close GLD JUL 21 2017 113.0 Calls @ 3.65 (sold for 4.40)
CMG
#ShortCalls – Don’t trust this thing….booking it.
Bought to Close CMG JUL 7 2017 430.0 Call @ .20 (sold for 6.20)
#xle sto 3 dte 65.00…
#xle
sto 3 dte 65.00 put .60
$AAOI #ShortPuts Sold to open…
$AAOI #ShortPuts Sold to open July 21st 55 Puts @ 1.60 when stock was at 61.04. Was filled immediately so I obviously was too cheap and early which I guess is better than being cheap and turned down. Will sell calls against the stock if assigned.
Adding DRIP in December
New highest strike so I’m throwing one out there to get it on the books.
Sold $DRIP Dec 15 40 call @ 2.80.
UVXY
#ShortCalls – Taking some risk off. I’ll look to re-load after the split on a spike.
Bought to Close UVXY JAN 18 2019 60.0 Calls @ 1.79 (sold for 3.50 average)
GILD
BTC August 18, 55 puts @.05, sold @ 1.32
UVXY Vertical
Taking a page from @fuzzballl
STO Jan18 $10/$5 call spreads @ $2.00. Has a great chance of closing early for near max profit and limited downside if something goes haywire.
NVDA
#ShortCalls – I’ve been over writing these at about a 2 for 1 rate so taking some risk off since she’s bouncing…
Bought to Close NVDA JUL 28 2017 175.0 Calls @ .30 (sold for 1.10)
SVXYput
STO July 28, 100 puts @1.35
CMG
#ShortCalls – Still reducing basis of a DITM put. Replacing this week’s expiration with another one…staying in the week before earnings.
Sold CMG JUL 21 2017 425.0 Call @ 3.30
$SVXY
#ShortPuts Jeff, Joined you, sold July 14th 140 Puts @ 2.90 when $SVXY was at 155.36
SVXY put
STO July 28, 105 puts @1.55
SVXY put
#VXXGame Sold to Open $SVXY July 14th 140 put for 2.75
#pff yesterday was assigned pff…
yesterday was assigned pff @40.00. had been rolling 39.00 put for 2 years and one day 6 -9 months ago rolled to 40.00 by mistake. anyway was about to just buy it at .20 and start over with 17 dte and bam assigned at 40 with stock at 39.11.it pays a monthly dividend.
Economic Data
10:00am EST Factory Orders m/m – street sees -0.5%
10:00am EST IBD/TIPP Economic Optimism – street sees 51.6
2:00pm EST FOMC Meeting Minutes
Earnings before Open
No earnings today
Earnings After Markets Close
HERMAN MILLER (MLHR) – consensus 0.55
PRICESMART INC (PSMT) – consensus 0.69
YUM CHINA HLDGS (YUMC) – consensus 0.24
SPX Chart and VIX Indicator have been updated
#VIXIndicator With the late day pullback the VIX remained above the 78.6% Fib line, meaning the Downside Warning remains in effect.
Have a nice 4th of July to everyone.
I look forward to the rest of the week.
SVXY
STO August 4, 95 puts @1.25
STO August11, 90 puts @1.40
Closing some NUGT
$NUGT Bought to close Sep 15 58 calls @ .44. Sold for 2.60 on 5/22.
SPX puts sold
#SPXcampaign Sold to Open $SPX Aug 4th 2320/2295 put spreads for 1.30. Normally would wait to see if Tuesday was a down day, but since there is no Tuesday this week…
SVXY
STO August 4, 110 puts @2.10
SPX and SVXY
#SPXcampaign #VXXGame Sold a couple that expire this Friday:
$SPX July 7th 2415/2390 put spreads for 3.00
$SVXY July 7th 135 puts for .55
Margin release
#ContangoETFs BTC $NUGT July 21st 50 call for .05. Sold for 1.25 on June 6th.
#Earnings BTC $AZO Sept 15th 480 put for 3.10. Sold for 3.70 on May 24th. Overall earnings trade turned out nicely profitable, so I don’t need this extra put that gobbles up too much margin to wait another month or two.
SPX trades
#SPXcampaign Sold to Open $SPX Aug 4th 2495/2520 call spreads for 1.50.
Closed on GTC order: SPX July 7th 2360/2335 put spreads for .20. Sold for 1.30 on June 9th.
$QQQ – Nasdaq diverging from…
$QQQ – Nasdaq diverging from the DOW and S&P – not sure it means anything yet but worth watching
SVXY
Replacing some puts that expired on Friday.
STO July 28, 110 puts @1.40
CVS
BTC July 21, 65 puts @.01, sold @ 1.45, closing 3 weeks early and can’t make any more on this one.
EWZ, Fuzzball trade
STO July 14, 34.50 call at .70 against my diagonal long 2019 20 call. So far I have collected $4,797 in premium against my cost of $31,011 so this is working well so far.
Econ Calendar for week of 7/3/17
JOBS report this Friday
Interesting Trade!!
!
http://www.cboe.com/blogs/options-hub/2017/07/02/weekend-review-of-vix-futures-and-options
Thurs’ % intraday $VIX spike…
Thurs’ % intraday $VIX spike up from prev close & collapse from an intraday high were in top 10 lists (since 2004).
#xle assignment friday xle 64.50…
#xle
assignment friday
xle 64.50 call had sold for .48 and .49.
reload next week on down day with put otm.
#spx expected move
#spx expected move
XIV stock
#LongStock – Missed posting this scalp earlier Friday:
Sold XIV stock @ 84.60 (bought for 82.57)
Weekend volatility reading…
Kind of interesting reading if you’re bored…have to enter an email and a name to download.
https://vixcontango.com/Site/DownloadWhitePaper
This caught my eye:
Liquidation (Unexpected Overnight Volatility Spike) If the VIX futures jump more than 80% in a day, the prospectus of the Short Volatility ETN (XIV) stipulates that Credit Suisse may terminate the instrument. While this has not happened yet while XIV has been around, it is a feasible scenario. If the XIV had been around for the October 19th, 1987 Black Monday market crash that saw the S&P 500 lose in excess of -20% in one day, the XIV would almost certainly have been bankrupt on that day. But even without bankruptcy, the XIV can experience dramatic one day losses. An example of that was during the British European Exit Referendum in June of 2016 (Brexit) when the S&P 500 dropped -5% overnight due to the unexpected result. The VIX spike was very big that day because market participants weren’t positioned correctly. As investors rushed to buy systemic market hedges (SPX put options), the VIX jumped 49.3% resulting in the biggest daily drop for the XIV ever of -26.8%. Historically, the VIX has had 4 days with spikes over 50% with the maximum spike of 64% ever recorded happening on February 27th, 2007 when there was massive selloff on the Shanghai exchange which spilled over into the US markets. Unimaginable events such as a sudden nuclear explosion in a major market center could cause an even bigger VIX spike thus putting an unmanaged short volatility strategy and the XIV at a significant liquidation risk.
$SVXY #ShortPuts – After hours…
$SVXY #ShortPuts – After hours trades as SVXY dipped after 4:00. At least gives me some exposure for the short week next week.
Sold SVXY JUL 7 2017 105.0 Puts @ 0.20
Sold SVXY JUL 7 2017 110.0 Puts @ 0.25
Sold SVXY JUL 7 2017 113.0 Puts @ 0.35
Sold SVXY JUL 7 2017 120.0 Puts @ 0.50
SPX Chart and VIX Indicator have been updated
#VIXIndicator Thursday’s Warning still looks like a possible head fake, but the VIX stayed above the cancellation level today which leaves the possibility of volatility next week.
#OptionExpiration
Popping in after the close to post a few.
Expiring:
$SVXY June 30th 130 Put
Closed $SPX July 7th 2330/2350 BuPS @ 0.20 off a GTC order
Bought to closed $AAOI June 30th 60 Put @ 0.25 this morning. That was a ride.
#ShortPuts
Sold to open July 28th 120 Put @ 2.51.
Have a great fourth all. Thanks for the support. I’ll be back on Wednesday.
#OptionsExpiration for 6/30 $NVDA 06/30/2017…
#OptionsExpiration for 6/30
$NVDA 06/30/2017 141 puts
$SVXY 06/30/2017 102 puts
$SVXY 06/30/2017 145 puts
$SVXY 06/30/2017 148 puts
Have a great weekend everyone.
Options Expiration 6/30/17
Happy Half Year everyone! See you on a short trading day Monday.
Only 1 expiration: $MU 27.5/35 strangles, sold yesterday for .87
Expiration
$SVXY 95 puts
$SVXY 152 puts
$SPX 2320/2345 BUPS
Have a great weekend.
Enjoy Canadian Independence Day.
Those choosing a loooong July 4th holiday take it easy
Thanks to all the Bistroers and the Major Dome @jeffcp66
#OptionsExpiration #Weeklys #Jun30 – Wow,…
#OptionsExpiration #Weeklys #Jun30 – Wow, what a week. It was supposed to be a light one until a 50% move in the VIX index from 10 to 15 on Thursday created some opprtunities in $SVXY and $UVXY.
With only 3.5 trading days available next week, I don’t expect many fireworks (except on the 4th of course).
No Assignments this week.
— Expirations —
NUGT (Weekly) Jun 30 2017 36 Calls (Covered)
SVXY (Weekly) Jun 30 2017 85 Puts
SVXY (Weekly) Jun 30 2017 90 Puts
SVXY (Weekly) Jun 30 2017 99 Puts
SVXY (Weekly) Jun 30 2017 102 Puts
SVXY (Weekly) Jun 30 2017 137 Puts
SVXY (Weekly) Jun 30 2017 138 Puts
SVXY (Weekly) Jun 30 2017 143 Puts
SVXY (Weekly) Jun 30 2017 144 Puts
SVXY (Weekly) Jun 30 2017 144.5 Puts
SVXY (Weekly) Jun 30 2017 145 Puts
SVXY (Weekly) Jun 30 2017 145.5 Puts
SVXY (Weekly) Jun 30 2017 146 Puts
SVXY (Weekly) Jun 30 2017 146.5 Puts
SVXY (Weekly) Jun 30 2017 147 Puts
SVXY (Weekly) Jun 30 2017 147.5 Puts
SVXY (Weekly) Jun 30 2017 148 Puts
SVXY (Weekly) Jun 30 2017 148.5 Puts
SVXY (Weekly) Jun 30 2017 167 Calls
SVXY (Weekly) Jun 30 2017 170 Calls
TRIP (Weekly) Jun 30 2017 40 Calls (Covered)
UVXY (Weekly) Jun 30 2017 10.5 Calls (Covered)
UVXY (Weekly) Jun 30 2017 11 Calls (Covered)
UVXY (Weekly) Jun 30 2017 11.5 Calls (Covered)
UVXY (Weekly) Jun 30 2017 12 Calls
UVXY (Weekly) Jun 30 2017 12.5 Calls
UVXY (Weekly) Jun 30 2017 13 Calls
UVXY (Weekly) Jun 30 2017 22 Calls
SPX trades
#SPXcampaign Sold to Open $SPX July 17th 2365/2390/2460/2485 condors for 5.10, as a #CondorRoll from the put spread which I got flushed out on this morning.
#ITMroll Closed July 3rd 2415/2440 call spreads for 15.15. Sold for 7.40 yesterday on whipsaw action.
Rolled to July 21st 2425/2450 call spreads for 14.10. Also added July 21st 2335/2310 put spreads for 1.20.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Jul 7 2017 113.0 Puts @ 0.30. Margin free since the puts are farther out of the money than my short calls. Three and a half days until expiration in a short trading week.
OptionsExpiration
Been gone I think 3 out of the last 4 Friday’s.
SVXY $95 puts
SVXY $102 puts
SVXY $145 puts
SVXY $148.5 puts
UVXY $ $22 calls
Have a great holiday everybody.
Kelly
Expirations and assignments
SVXY 167 put, will be assigned 100 shares against my short call positions. I took one for the team and it worked. I look forward to Monday even though it will be a half day.
EWZ 34.5 calls against my 2019, 20 call position
SVXY 145 puts, 95 puts, 94 puts,93 puts,90 puts, 85 puts
#shortstrangles X sold an August…
#shortstrangles X sold an August 18 18/27 strangle for 1.43
#earnings LULU On March 29…
#earnings LULU On March 29 I sold a 66 strangle but bought some protection in the form of a 60 put ( a call spread as well). LULU tanked but after selling calls and a couple puts I say bye bye LULU at 54 with a cost basis of 52 ( 7 points below LULU today). I declare victory.
Short Puts and SPX Campaign
$SVXY STO 7/7 140 put @ 1.25 and @1.50
$SVXY STO 7/14 150 put @ 2.70
$SVXY STO 7/14 145 put @ 2.30
$SVXY STO 7/21 130 put @ 2.05
#spxcampaign
Closed Early
$SPX BTC 7/14 2495/2470 BECS @ .70 STO @ 2.80 on 6/23
$SPX BTC 6/30 2390/2415 BUPS @ 93% profit
ILMN puts
Not much of a #FallingKnife, more like a stumbling knife, but I like to have short premium in this stock whenever the opportunities arise. So…
Sold $ILMN Jan 19 115 puts @ 2.00 with the stock at 173.89
Strike price is below the 3 1/2 year low in the stock (119.37 in December ’16)
Lightening up on ALXN
I got pretty heavy in short puts during the big swoon in May. Taking a couple of positions off for a good profit, just to reduce a bit of exposure.
Bought to close:
$ALXN Aug 18 95 put @ .45. Sold for 2.60 on 3/9.
$ALXN Nov 17 80 put @ .90. Sold for 3.40 on 5/24.
My remaining positions:
Nov 70 puts
Jan 85 puts
Jan 60 puts
SVXY
STO July 7, 159 put @4.30 to offset my January 210 call @11.05
SVXY
STO January 2018, 210 call @11.05
$UPS #ShortPuts #FallingKnife – Bought…
$UPS #ShortPuts #FallingKnife – Bought to close UPS Jul 21 2017 85.0 Puts @ 0.01. They won’t trade any lower and the options don’t expire for 3 weeks.
Sold the first batch at 0.66 on 2/1/17 and sold the 2nd batch at 0.82 the same day.
The stock must have been collapsing that day but the 52 week low was 102.12 in mid-May so these were never threatened.
WYNN
#ShortStrangles – Still selling weeklies against some slightly ITM short calls…
Rolled WYNN JUN 30 2017 135.0 Puts to JUL 7 2017 135.0 Puts @ 1.50 credit
SVXY
STO Jul 7 $140 put @ $1.70, below yesterday’s low
$UVXY #ShortCalls #Weeklys – in…
$UVXY #ShortCalls #Weeklys – in a new account, initiating new UVXY positions, very small, while looking for options trading above 1
Sold 1 UVXY Jul 28 2017 12.o Call @ 1.09
Sold 1 UVXY Aug 4 2017 14.o Call @ 1.06
SPX puts closed
#SPXcampaign Bought to close $SPX June 30th 2425/2400 put spreads for 5.00. Had to bail as the trickle down will not stop trickling. Sold for 3.20 on June 20th.
$NUGT #ShortPuts #OptionLadder – in…
$NUGT #ShortPuts #OptionLadder – in an account with a large $DUST short Put position I sold the following
Sold 1 NUGT Jul 14 2017 28.0 Put @ $1.07
Sold 1 NUGT Jul 21 2017 27.0 Put @ $1.14
Sold 1 NUGT Jul 28 2017 26.0 Put @ $1.22
$SVXY #ShortCalls – Sold 1…
$SVXY #ShortCalls – Sold 1 SVXY Sep 15 2017 205.0 Call @ 2.67 with the stock at 162.60
SVXY puts closed
#VXXgame BTC $SVXY June 30th 148 puts for .10. Sold on Tuesday for .75. Just staying clear of any intraday collapse.
STZ earnings closed
#Earnings Bought to close $STZ July 21st 170 puts for .10. Sold Wednesday for 1.15.
A Tiring Futures Day
i hit it hard today, on Both the YM and ES..a tiring day…from 7am – 1pm..
Combined trades netted 1325 points..
My best ever trade day…Taking tomorrow off..
Cheers..
$SVXY #ShortCalls – late fill…
$SVXY #ShortCalls – late fill after the close with the stock at 161:
Sold 1 SVXY Jan 18 2019 210.0 Call @ 32.65
$SVXY #ShortPuts #OptionLadder – not…
$SVXY #ShortPuts #OptionLadder – not going too far past the split date. I’ll let these expire.
Sold SVXY JUL 21 2017 80.0 Puts @ 0.43
Sold SVXY JUL 28 2017 80.0 Puts @ 0.83
Sold SVXY AUG 4 2017 80.0 Puts @ 1.15
SVXY AUG 18 2017 70.0 Puts @ 1.40
$SVXY
#ShortPuts Bought to close June 30th 115 Put @ 0.05. Free up the capital in this Roth for a potential retracement tomorrow.
$SVXY #ShortCalls – Given my…
$SVXY #ShortCalls – Given my exposure for tomorrow in the SVXY puts, on the bounce back in SVXY I sold the following:
Sold 1 SVXY Sep 15 2017 205.0 Call @ 2.47
Sold 1 SVXY Dec 15 2017 205.0 Call @ 9.95
Sold 1 SVXY Jan 18 2019 210.0 Call @ 31.55
SPX bonanza
#SPXcampaign $SPX I’m concerned we may have had another head-fake Downside Warning today… that would be two in a row and time to reassess the mechanics of the signal. I made many trades, some reverse-rolls and some standard rolls. I also clung onto to June 30th 2425/2400 put spread, which may be able to expire tomorrow. Here are my trades in order of execution:
Closed yesterday (but roll not filled): July 5th 2410/2435 call spreads for 20.85. (had planned to sell roll on any move up today, but didn’t get one)
Today:
Closed on GTC order: July 14th 2485/2510 call spreads for .20, with SPX at 2421.
#ITMroll: Sold July 12th 2395/2420/2445 #IronButterfly for an #IBroll of ITM spread above. Since I missed my chance to roll to new calls, chose to take this route and will roll the losing side. This got me 10 points higher on the call side.
Sold July 28th 2315/2290 put spreads for 1.50, with SPX at 2420. Standard weekly spread.
STOPPED: July 5th 2405/2380 put spreads for 5.40, with SPX at 2412.
#CondorRoll: Sold July 12th 2335/2360/2445/2470 condors for 5.75, w/SPX at 2412.
STOPPED: July 3rd 2430/2405 put spreads for 12.45, with SPX at 2409.
#ReverseRoll: Sold July 3rd 2415/2440 call spreads for 7.40, and July 14th 2440/2465 call spreads for 5.30.
Sold July 28th 2480/2505 call spreads for 1.40, with SPX at 2413. Standard weekly spread.
Closed on GTC order: July 20th 2500/2525 call spreads for .20, with SPX at 2414.
STOPPED: July 20th 2360/2335 put spreads for 2.90.
#Rolling: Sold July 26th 2340/2315 put spreads for 2.05, 1.5x position size, w/SPX at 2418.
STOPPED: July 3rd 2410/2385 put spreads for 5.60, w/SPX at 2412
#CondorRoll: Sold July 10th 2350/2375/2445/2470 condors for 5.60, w/SPX at 2419
$SVXY #ShortPuts #IRA #OptionLadder -…
$SVXY #ShortPuts #IRA #OptionLadder – in some IRA accounts that still had a little unused cash –
Sold SVXY JUN 30 2017 137.0 Puts @ 0.35 – Expires tomorrow
Sold SVXY JUL 21 2017 111.0 Puts @ 1.60
Sold SVXY JUL 21 2017 107.0 Puts @ 1.30
Sold SVXY JUL 28 2017 90.0 Puts @ 1.09
$SVXY
Afternoon all Hope your day is going well. #ShortPuts I was able to pop in between distractions and sold to open July 21st 110 Puts @ 2.35 with $SVXY @ 147.13. This was a few minutes after the low of the day. I feel very lucky. Hope it lasts.
