#earnings MU
Sold a July 21 26/37 strangle for 1.06, earnings are tonight
Recent Updates Page 414
SVXY
STO January 2018, 235 call @ 6.20 on 1 contract. Adding to the position.
MU earnings
#Earnings Sold to Open $MU June 30th 27.5/35 strangles for .87, when MU was at 31.58. Biggest UP move: 12.7%, Biggest DOWN move: -18.2%, Average move: 6.0%. These strikes are -12.9% and +10.8% OTM
$UVXY #ShortCalls #VXXGame #OptionLadder -…
$UVXY #ShortCalls #VXXGame #OptionLadder – added on to all these positions today –
Sold UVXY Jun 30 2017 12.5 Calls @ 0.36 – expires tomorrow
Sold UVXY Jul 7 2017 18.0 Calls @ 0.27
Sold UVXY Aug 18 2017 23.0 Calls @ 1.11
Sold UVXY Sep 15 2017 60.0 Calls @ 0.67
Sold UVXY Dec 15 2017 37.0 Calls @ 1.93
Sold UVXY Jan 19 2018 60.0 Calls @ 1.38
Sold UVXY Jan 18 2019 60.0 Calls @ 2.10
$SVXY $UVXY – too many…
$SVXY $UVXY – too many trades to post. I’ll post “the best of” later.
At the peak of 15.16, the VIX index was up 50% today
$DIA #CoveredPuts Sold these against…
$DIA #CoveredPuts
Sold these against more short position in this ticker:
$DIA Aug 18 205 puts @ 1.56.
$UVXY
STO UVXY Jul 7 $17.5 calls @ $0.32
Staying very small right now because of the downside warning. We’ll see if tomorrow brings a bounce higher into the weekend/short holiday week or not.
Downside Warning fired
#VIXIndicator Look for further weakness in the market in coming days or weeks.
SVXY
#IRA #LongCallDiagonals – Whiz style…was gonna do this after the split but taking advantage of the pullback now. One quarter position size just in case the drop accelerates.
Bought SVXY JAN 18 2019 150.0 Call @ 50.53
Sold SVXY JAN 18 2019 100.0/80.0 Bull Put Spread @ 7.03
And:
Sold SVXY JUL 14 2017 165.0 Call @ 3.00
Total position is a net debit of 40.50 with 81 weeks to run…need to collect .50 per week on the front month calls to breakeven.
SVXY
STO September 65 puts @1.38, adding to my position.
Downside Signal fired
#VIXIndicator VIX has breached 12.54, which is 25% above last night’s close. That fires a downside signal, and cancels upside warning. Next level is 14.06, which would fire a Downside Warning.
Market
Pretty interesting with as weak as the #SPX has been, if you look at $VOLSPD and $VOLQD they just aren’t looking nearly as bearish as you might expect.
SVXY puts
Sold:
$SVXY Sep 15 65 puts @ 1.30
$SVXY Dec 15 50 puts @ 1.40
VIX ticking steadily higher
#VIXIndicator We just passed 12.00 and could hit the 12.54 level, which would be a first signal and end the Upside Warning.
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY AUG 18 2017 23.0 Calls @ 0.63.
Sold UVXY DEC 15 2017 37.0 Calls @ 1.29.
I was trying to cover some of these but I’m adding a few more for now.
I’ll cover on the next pullback in $UVXY, which could be TODAY… or not
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY JUL 7 2017 12.5 Calls @ 0.27. Short trading week next week.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY JUN 30 2017 145.0 Puts @ 0.38. These expire tomorrow
#spxcampaign btc 2490/2515 call 7.26.17…
#spxcampaign
btc 2490/2515 call 7.26.17 @ .80 had sold yesterday for 1.90/ 27 days dte no since in waiting, made a dollar and ten.
yeha
#spxcampaign btc 2475/2500 call 7.21.17…
#spxcampaign
btc 2475/2500 call 7.21.17 for .30 had sold for 1.85./ 2 accounts
taking advantage of downdraft today,22 days early.
Can always reload.
CC
STO $CC Aug 18 34 put @ 1.65
This stock has been a good one. If assigned at expiration will start selling calls.
SJM
STO SJM January 2018, 105 puts @1.80 following Iceman.
SVXY
STO 1 contract of the January 2018, 230 call @ 6.40
$XOM #ShortPuts #FallingKnife – Bought…
$XOM #ShortPuts #FallingKnife – Bought to close XOM JUL 21 2017 70.0 Puts @ 0.01.
They won’t trade any lower and don’t expire for 3 more weeks.
Originally sold on 01/31/2017 at 0.80.
$SJM #ShortPuts #FallingKnife – Sold…
$SJM #ShortPuts #FallingKnife – Sold 1 SJM JAN 19 2018 105.0 Put @ 1.80 with the stock at 119.30
MU and NKE earnings today…
MU and NKE earnings today after close. Any trades?
Bunch of trades and efficiency of capital
Rolled SWKS 7/14 105 put to 8/11 103 put for 0.20 credit. Sold for 1.2 but now 7.55 ITM so moving strikes down each week until it bottoms.
STO SVXY 7/7 150 puts at 1.15
Rolled SVXY 6/30 to 7/14 125 put for 0.59 credit.
STO SVXY 7/21 110 put at 1.01
Added week to ladder XBI 8/11 73 puts at 1.09, now have 3 weeks. Add one more week next Thurs. then hopefully start harvesting profits.
I think on IRA accounts the SVXY/UVXY trades may be the most efficient use of capital. On margin accounts probably /CL or /ES but agree with @fuzzball having weeklies makes it much easier to manage trades. With weeklies I have recovered trades that moved 10+% against me. Hard to do that with only monthly expirations.
Hope everyone has a good expiration, I am done trading this week and going to meet friends at the beach for kiteboarding after picking up daughter from camp!
Chris
#SVXY
Morning all Question on the pending split of $SVXY on July 17th. How will this effect the options in force after the split. Will the strike remain the same and the number of shares be reduced to 50, or will the strike be cut in half with the number of shares remaining at 100. Thanks for your time and I apologize if this is a lame question.
SVXY
STO July 14, 150 put @ 2.79
STO July 28, 115 put @ 1.65
SVXY
STO July 21, 135 put @ 2.41
STO July 21, 130 put @ 1.99
SVXY
STO July 14, 145 put @ 2.19
STO July 14, 140 put @ 1.80
Economic Data
8:30am EST Final GDP q/q – street sees 1.2%
8:30am EST Unemployment Claims – street sees 241K
8:30am EST Final GDP Price Index q/q – street sees 2.2%
10:30am EST Natural Gas Storage – street sees 50B
Earnings before Open
ACUITY BRANDS (AYI) – consensus 1.92
CONSTELLATN BRD (STZ) – consensus 1.98
LINDSAY CORP (LNN) – consensus 0.92
MCCORMICK & CO (MKC) – consensus 0.77
RITE AID CORP (RAD) – consensus -0.02
WALGREENS BAI (WBA) – consensus 1.31
Earnings After Markets Close
AM OUTDOOR BRND (AOBC) – consensus 0.38
EXFO INC (EXFO) – consensus 0.03
MICRON TECH (MU) – consensus 1.37
NIKE INC-B (NKE) – consensus 0.49
Today’s Trades
#spxcampaign
Closed Early
$SPX BTC 6/30 2500/2475 BECS @ 95% profit
#shortputs
$SVXY STO 6/30 152 put @ .50
#xle sto 64.5 call, 3…
sto 64.5 call, 3 DTE @ .48 and .49,@ 11:46, two accounts.
#spxcampaign sto 2490/2515@ 2:30 pm,…
sto 2490/2515@ 2:30 pm, call,28 dte ,July 26 at 1.90. had this setup for 2 accounts but only one filled. weird?
$SPLS going private
Stock up almost 9%
UVXY SVXY…here we go!
TWLO #CoveredCalls Sold $TWLO Jul…
TWLO #CoveredCalls
Sold $TWLO Jul 28 30 calls @ 1.30
Closing #VXXGame trades I’m gonna…
Closing #VXXGame trades
I’m gonna start peeling these off if they get down to .05 or less to close and more than a week to go until expiration.
Bought to close $SVXY Jul 7 95 puts @ .04. Sold for 1.20 on 6/12.
STZ earnings
#SPXcampaign Sold to open $STZ July 21st 170 puts for 1.15, with stock at 184.20. Over last 12 quarters, the stock’s 21-DAY moves: Biggest UP move: 7.0%, Biggest DOWN move: -2.5%, Average move: 3.0%. This trade is -7.7% OTM.
$UAA #ShortPuts #FallingKnife – Bought…
$UAA #ShortPuts #FallingKnife – Bought to close UAA Jul 21 2017 17.5 Puts @ 0.01. They won’t trade any lower and I’m out over 3 weeks early.
Originally sold in early February at 0.90. The stock never reached the strike price.
$TRIP #CoveredCalls – Sold TRIP…
$TRIP #CoveredCalls – Sold TRIP Jun 30 2017 40.0 Calls @ 0.15. These expire Friday and I would welcome assignment.
$VIX – below 10 again,…
$VIX – below 10 again, heading toward the low from Monday
$TRIP #CoveredCalls – Sold TRIP…
$TRIP #CoveredCalls – Sold TRIP JUL 7 2017 40.0 Calls @ 0.40. Seven trading days until expiration with a short trading week next week.
$MRO #ShortPuts #FallingKnife – Sold…
$MRO #ShortPuts #FallingKnife – Sold MRO JAN 19 2018 10.0 Puts @ 0.82. Adding to and averaging up my position.
$APC #ShortPuts #FallingKnife – Sold…
$APC #ShortPuts #FallingKnife – Sold 1 APC NOV 17 2017 37.5 Put @ 1.25
$NUGT #ShortPuts – Sold NUGT…
$NUGT #ShortPuts – Sold NUGT AUG 18 2017 22.0 Puts @ 0.72 with the stock at 31.89.
$TRIP – nice little recovery…
$TRIP – nice little recovery in this #FallingKnife today
$MRO #ShortPuts #FallingKnife – Sold…
$MRO #ShortPuts #FallingKnife – Sold MRO Oct 20 2017 11.0 Puts @ 0.87. Adding to and averaging up my position.
BTC Jul 28 WDC put…
BTC Jul 28 WDC put at 1.01. Sold for 1.4
TOS doing some weird stuff with my margin account so closing profitable positions to clear up the margin issues. Easier than trying to call them at the moment or trying to sort it out on line. They seem to be handling margin accounts like an IRA at the moment. Could not get an answer yesterday as to why.
SVXY
Late in the day yesterday, got this fill.
STO SVXY Sept $35 puts @ $0.30
Highest TICK reading on the open since November
I doubt it means much, but interesting nonetheless.
Economic Data
8:30am EST Goods Trade Balance – street sees -66.2B
8:30am EST Prelim Wholesale Inventories m/m – street sees 0.2%
10:00am EST Pending Home Sales m/m – street sees 0.9%
10:30am EST Crude Oil Inventories – street sees -2.1M
Earnings before Open
GENL MILLS (GIS) – consensus 0.71
MONSANTO CO-NEW (MON) – consensus 1.74
OMNOVA SOLUTION (OMN) – consensus 0.16
PAYCHEX INC (PAYX) – consensus 0.53
SHAW COMM-TS (SJR) – consensus 0.33
UNIFIRST CORP (UNF) – consensus 1.34
Earnings After Markets Close
AETHLON MEDICAL (AEMD) – consensus -0.18
PIER 1 IMPORTS (PIR) – consensus -0.05
PROGRESS SOFTWA (PRGS) – consensus 0.32
WORTHINGTON IND (WOR) – consensus 0.83
#spxcampaign today at 2.52 pm…
today at 2.52 pm ,sto spx ,july 26,2335/2310 put @1.80, thanks jeff
..
today at 2.52 pm btc on gtc order , spx 2460/2485 6.30.17 call @ .20 had sold for 1.80.(was like watching paint dry )
$SIG ShortPuts #FallingKnife – today…
$SIG ShortPuts #FallingKnife – today I covered some short July 60.0 Puts at a 1.10 that I originally sold for 1.90 and 2.00 in January.
Despite the fact that it is out of the money 3 points with 4 weeks to go, in late May the stock collapsed to 46.09 before gaining most of it back recently.
I decided I don’t need the added risk in this name because I am still short July 50/55 Puts, October 45 Puts and Jan 45/40/35 Puts that are nicely profitable.
One of my unwritten rules is that if Puts that I sold for 2 bucks rises to 13 or 14 dollars and then give me a chance to get out ahead, I take it, and don’t look back.
I would have taken the stock if it had stayed down. The current move in this SP500 name shows why that would have worked too.
VVXGame
#VXXGame Thanks for the ideas on strikes. Was only filled on a couple…
STO SVXY June 30th 148 puts for .75
STO SVXY July 7th 140 put for 1.25
Adding some VXX
Sold $VXX Dec 15 33 calls @ .46. Highest strike in Dec.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Jun 30 2017 147.5 Puts @ 0.76 with the stock at 162.44
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY JUN 30 2017 145.0 Puts @ 0.55 with the stock at 162.85.
Expires Friday
A couple of volatility trades
Sold $UVXY Dec 15 37 calls@ 1.20. Highest strike.
Sold $SVXY Aug 4 100 puts @ 1.50.
SVXY
STO September 60 puts @1.05
#retirement In about 2 hours…
#retirement
In about 2 hours I’ll be officially retired and will be able to give this endeavor the proper attention!
SWKS puts
$SWKS Sold Jul 21 93 puts @ 1.55 with the stock at 98.59
SVXY
STO Sept $70 puts @ $1.41
SVXY
STO September 65 puts @1.30
$SVXY #ShortPuts – Selling some…
$SVXY #ShortPuts – Selling some more puts – the first expires Friday and is at a strike below the last major dip in the stock.
Sold SVXY Jun 30 2017 145.0 Puts @ 0.47
Also Sold SVXY Jul 28 2017 90.0 Puts @ 0.74 in an IRA
$UVXY
STO Jul 14 $14 calls @ $0.33
SVXY
#ShortStrangles – Sold 1 SVXY JAN 18 2019 80.0/320.0 Strangle @ 23.24
SPX puts sold
#SPXcampaign This filled while on the road back to Portland:
Sold to Open $SPX July 28th 2335/2310 put spreads for 1.40, when SPX was at 2433.
BTC July 14 wdc 85…
BTC July 14 wdc 85 puts at 0.55. Sold for 1.24
#fallingknife I am short SWKS puts but it has dropped 15 points in 2 weeks and appears to be a good falling knife trade now. Next support level at 96.61.
$SVXY #ShortPuts – Selling some…
$SVXY #ShortPuts – Selling some puts to make back a little of what I lost when the margin clerk had me cover some long term 150 Calls.
All these expire Friday and are at strikes below the last major dip.
Sold SVXY Jun 30 2017 138.0 Puts @ 0.28
Sold SVXY Jun 30 2017 147.0 Puts @ 0.57
Sold SVXY Jun 30 2017 148.0 Puts @ 0.76
Sold SVXY Jun 30 2017 148.5 Puts @ 0.76
SVXY
#ShortPuts #IRA – Sold SVXY SEP 15 2017 90.0 Put @ 2.55
$SVXY
STO Sep 15 $60 puts @ $1.00
STO Jul 28 $90 puts @ $0.75
Just nibbling
$SVXY
$SVXY #ShortPuts. Sold to open July 117 Puts @ 1.25 when $SVXY hit 165.17 in this swoon.
SVXY
STO September
91 puts @ 2.43
92 puts @ 2.50
93 puts @ 2.55
94 puts @ 2.74
SVXY
STO September 80 puts @1.75
