STO September 85 puts @1.95
STO September 88 puts @2.19
Recent Updates Page 415
SVXY
STO December 70 puts @2.25
SVXY
STO September 90 puts @ 2.27
BTC WDC Jul 14 put…
BTC WDC Jul 14 put 83.5 at 0.39. Sold at 1.04. Did not want to close yet but TOS doing some weird stuff with margin again so had to to so i could roll an ITM position.
Rolled SWKS Jul 7 106 put to 8/4 104 put for 0.45 credit. Originally sold for 1.2 but ITM now so gaining 2 points lower for credit. Part of a ladder. Will need to roll next weeks 105 out and down when the new series is available on Thurs. The next 2 weeks are at 95 so hopefully after a 13 point drop they stay OTM then the decay catches up with the rolls.
SVXY
STO one contract of the July 28, 150 put @ 4.30
I have a lot of naked calls n January so would like to offset some of them.
SVXY
#CoveredCalls – Hanging on to the stock for a few more weeks…picking up another 2.20 of potential upside while keeping plenty of downside protection.
Rolled SVXY JUN 30 2017 138.0 Call to JUL 21 2017 140.0 Call @ .20 credit
$GILD #CoveredCalls – A couple…
$GILD #CoveredCalls – A couple of call positions against long stock and short puts with the stock at 71.60 –
Sold GILD Nov 17 2017 85.0 Calls @ 0.85
Sold GILD Nov 17 2017 90.0 Calls @ 0.53
DRI earnings
#Earnings Was filled on this yesterday but was unable to post as I’m at Long Beach, WA, for a couple days.
Sold to open $DRI July 21st 82.5 puts for 1.15. Trade looks good with the positive open.
Economic Data
9:00am EST S&P/CS Composite-20 HPI y/y – street sees 5.9%
10:00am EST CB Consumer Confidence – street sees 116.1
10:00am EST Richmond Manufacturing Index – street sees 4
11:15am EST FOMC Member Harker Speaks
1:00pm EST Fed Chair Yellen Speaks
5:30pm EST FOMC Member Kashkari Speaks
Earnings before Open
DARDEN RESTRNT (DRI) – consensus 1.15
FACTSET RESH (FDS) – consensus 1.84
IHS MARKIT LTD (INFO) – consensus 0.43
Earnings After Markets Close
AEROVIRONMENT (AVAV) – consensus 0.99
CALAMP CORP (CAMP) – consensus 0.22
KB HOME (KBH) – consensus 0.26
SPX Campaign Short Calls Short Puts
#spxcampaign
$SPX STO 7/21 2515/2490 BECS @ 2.10
$SPX STO 7/28 2525/2500 BECS @ 1.80 Thank you @jeffcp66
#shortcalls
$FB STO 7/21/150/155 BUPS @ 1.50
#shortputs
$AAOI STO 7/21 50 put @ .85
Closed Early
#shortputs
$CLVS BTC 7/21 50 put @.05 STO @ 6.50 on 6/16
SVXY
STO one contract, January 2018, 205 call @ 13.10
Futures Trades
8:30 Long ES at 2442 at Open
9:00 Exit at 2447, new HOD
gain 5 Points ( equal to 50 YM Points)
9:05 Short ES at 2446, at HOD bounce, as NQ crashed
10:00 Exit at 2434, at new LOD, under the Mid PP
gain 12 Points ( equal to 120 YM points )
9:35 Short YM at 430, at the 34ma, as YM follows the NQ crash
9:45 exit at 330, at the new LOD, just above the Main PP
gain 100 Points
all in all, not bad for a summer Monday…
SVXY
STO June 30, 167 put @2.25, Taking one for the team.
$SVXY #ShortCalls – Sold 1…
$SVXY #ShortCalls – Sold 1 SVXY Jan 18 2019 320 Call @ 13.10 with the stock at 167.97.
Highest available strike for now.
This gives me more room to sell SVXY puts on the next downdraft.
edit: with the VIX below 10, the timing of this trade should look pretty good over the next month.
$GILD $ALXN – These have…
$GILD $ALXN – These have rallied enough that selling OTM calls with strikes near the 52 week highs makes sense against my portfolio of short puts
NVDA
#ShortCalls – Double selling against some ITM puts. Closed this week’s already and have a stop set on July monthlies at 50 percent of max profit. That all seems good so adding another batch…still keeping everything before earnings week.
Sold NVDA JUL 28 2017 175.0 Calls @ 1.10 (half position for now)
SPX ITM roll
#SPXcampaign Bought to close $SPX July 3rd 2425/2450 call spreads for 15.20. Sold last Monday for 19.30.
#ITMroll Sold to Open SPX July 10th 2430/2455 call spreads for 15.00.
Was able to exit at 8:33 PT and then sell the roll on the bounce at 9:00 PT so I had a roughly even roll, no additional spread necessary.
Hey gang, been gone for…
Hey gang, been gone for 2 weeks again so that should end the June schedule conflicts. Now sitting in 90+% cash just letting positions continue to run off. Waiting for opportunities to pounce.
TLT
#PerpetualRollingStrangles – Again…
Bought to Close TLT JUN 30 2017 126.0 Puts @ .04 (sold for 1.00)
Sold TLT JUL 21 2017 127.5 Puts @ .95
NVDA
#ShortCalls – Closing a little scalp against a long position…
Bought to Close NVDA JUN 30 2017 175.0 Calls @ .05 (sold for 1.10)
SPX puts closed
#SPXcampaign Closed on GTC order: $SPX July 7th 2330/2305 put spreads for .20. Sold for 1.35 on June 6th.
#optionladder STO XBI Jul 21…
#optionladder
STO XBI Jul 21 and 28 76.5 and 77 puts at 0.92 and 1.
Will add new trade every Thurs. or Friday until 4 week ladder set up. Then roll each week there is expiration or the value drops below 0.20.
SPX calls sold
#SPXcampaign Sold to Open $SPX July 28th 2500/2525 call spreads for 1.75.
Econ Calendar for week of 6/26/17
#spx expected move this weeks…
#spx expected move
this weeks expected spx move.
Economic Data
8:30am EST Core Durable Goods Orders m/m – street sees 0.4%
8:30am EST Durable Goods Orders m/m – street sees -0.5%
Earnings before Open
SCHNITZER STEEL (SCHN) – consensus 0.56
Earnings After Markets Close
AERO GROW INTL (AERO) – consensus N/A
NOVAGOLD RES-TS (NG) – consensus -0.04
#xle yesterday assignment xle 64.5…
#xle
yesterday
assignment xle 64.5 put had sold for .51 Wednesday.
will sell cc next week.
…………..
#spxcampaign
btc on gtc spx 2475/2500 june 30 call @ .20 had sold for 1.70
…………..
received divi on xle .44
……………..
#spxcampaign
yesterday
rolled 2430/2455 call from june 30 to july 14 for 2.25 credit had sold for 2.20 total now 4.45.
waiting for drop to close this one.
SPX chart and VIX Indicator have been updated
Click “Home/REFRESH” (above) to update.
#SPXcampaign Closing on GTC orders in last hour of the day:
$SPX July 3rd 2485/2510 call spreads for .20. Sold as part of a #CondorRoll for 4.90 on Monday.
$SPX June 30th 2470/2495 call spreads for .20. Sold as part of a #CondorRoll for 4.55 on May 25th.
#OptionsExpiration for 6/23 $SVXY 06/23/2017…
#OptionsExpiration for 6/23
$SVXY 06/23/2017 80 puts
$SVXY 06/23/2017 85 puts
$SVXY 06/23/2017 115 puts
Have a great weekend.
#Option Expiration
$AAOI June 23rd 60 Puts
$SVXY June 23rd 115 Puts
Have a great weekend all.
Expirations
$SVXY 112 put
$SVXY 115 put
$AMZN 1030/1020 BECS Thanks Bridget at OMM
Everybody have a relaxing weekend. Thanks for all the interaction.
Options Expiration 6/23/17
Only one: NVDA 135 put.
Ready for a pullback!
$DUST #coveredcalls Roll June 23…
$DUST #coveredcalls
Roll June 23 $35 to July 07 $30 for 0.85cr still further to fall I think
BTC Aug18 $38 for $1.25, sold for $2.15 same strategy
Closing July DUST
Getting out of these for .05 or less a month early
Bought to close:
$DUST Jul 21 50 calls @ .05. Sold for 2.50 on 4/27.
$DUST Jul 21 52 calls @ .02. Sold for 2.85 on 5/4.
#OptionsExpiration #Weeklys #Jun23 – Only…
#OptionsExpiration #Weeklys #Jun23 – Only short volatility trades this week. And the well is about to run dry on those.
We need a sharp pullback in the market so I can re-load. No assignments this week.
— Expirations —
SVXY (Weekly) Jun 23 2017 75 Puts
SVXY (Weekly) Jun 23 2017 80 Puts
SVXY (Weekly) Jun 23 2017 85 Puts
SVXY (Weekly) Jun 23 2017 90 Puts
SVXY (Weekly) Jun 23 2017 97 Puts
SVXY (Weekly) Jun 23 2017 99 Puts
SVXY (Weekly) Jun 23 2017 106 Puts
SVXY (Weekly) Jun 23 2017 112 Puts
UVXY (Weekly) Jun 23 2017 12.5 Calls (Covered)
UVXY (Weekly) Jun 23 2017 13 Calls (Covered)
UVXY (Weekly) Jun 23 2017 13.5 Calls (Covered)
UVXY (Weekly) Jun 23 2017 16.5 Calls
UVXY (Weekly) Jun 23 2017 17 Calls
UVXY (Weekly) Jun 23 2017 17.5 Calls
UVXY (Weekly) Jun 23 2017 24.5 Calls
$NUGT #coveredcalls, #shortputs Roll June…
$NUGT #coveredcalls, #shortputs
Roll June 30 $34 to July 07 $34.5 for 0.30 credit
BTC yesterday July 21 $37 for 0.85, sold for $1.20 will resell if price rises
BTC yesterday June 30 $34 for 0.36, sold for 0.65, same plan as price heads up
expiration Put June 23 $23.5 sold yesterday for 0.25
edit for put price
Transactions
#shortputs
$EXAS STO 7/21 32P @ .95 Thank you @jdietz1954 Already have stock position
$INGN STO 8/18 95 put @ 4.70 Thank you @jsd501 via DeBeers @ OMM
#spxcampaign
$SPX STO 7/14 2495/2470 BECS @ 2.80 Thank you @jeffcp66
Weekend
Have a nice weekend everyone.
Expirations, sory to be early but I want to go to the gym
SVXY
120 put,125 put,127 put,130 put,135 put,80 put,90 put, 91 put,92 put, 93 put, 94 put, 95 put, and 85 puts.
$SVXY #ShortCalls – a couple…
$SVXY #ShortCalls – a couple of speculative trades for next week with the $VIX index below 10.
Sold SVXY Jun 30 2017 167.0 Calls @ 2.27
Sold SVXY Jun 30 2017 170.0 Calls @ 1.06
Above the alltime high and easy to roll next Friday if I am wrong
/ES hedge
#Futures – A little more basis improvement on the short /ES hedge…so far keeping up with the rise. Should pay off someday when we get an Aug 2015 repeat.
SOLD /ES AUG 17 (Wk3) 2325 PUT @ 11.00
AZO
How low can you go?
SPX trades
#SPXcampaign Sold to Open $SPX July 20th 2490/2515 call spreads for 1.40.
Closed on GTC orders:
SPX June 30th 2345/2320 put spreads for .20. Sold for 1.50 on June 2nd.
SPX June 26th 2400/2375 put spreads for .20. Sold for 2.00 on June 14th.
REGN
#IRA #ShortPuts – Sold REGN JAN 19 2018 350.0 Put @ 5.90
$DUST #ShortCalls – Bought to…
$DUST #ShortCalls – Bought to close DUST Jul 21 2017 50.0 Calls @ 0.05. It won’t trade any lower.
Originally sold on 04/26/2017 at 2.50.
REGN
#ShortPuts – Back in but staying away from call sales…
Sold REGN JUL 28 2017 425.0 Put @ 2.00
Rainy day vacation trades. First…
Rainy day vacation trades. First full on rain day all week, we had a few tstorms but they were short lived.
Not a bad week of profits for being on vacation.
Hope everyone has a good expiration.
#ladders
Rolled Jul 7 WDC 84 puts to 8/4 for 1.47 credit. Sold for 0.97 3 weeks ago.
STO Jul 28 SWKS 95 puts at 1.2. Could add another week because of VW diesel money just hit the account, thanks to VW and Bosch for screwing up the software I get to add another week to the ladder.
Rolled 6/23 WDC 87 puts to 6/30 90 puts for 0.85 and 0.65 credit. Originally sold for 1.53. Things up 3 points today so lost .20 in the time it took me to change platforms.
Next week should be busier, have multiple SVXY, WDC, SWKS and other ladders expiring.
Have a great weekend, sun just poked out here!
NUGT adding
Sold $NUGT Aug 18 45 calls @ 1.25. Adding to position at the highest strike.
NBR puts sold
STO $NBR Jan 19 2018 7.00 puts @ 1.07
SPX calls closed
#SPXcampaign Closed on GTC order: $SPX June 30th 2475/2500 call spreads for .20. Sold for 1.40 on June 1st.
Looking for a rally today to sell my final July 20th call spread.
SPX chart and VIX Indicator…
SPX chart and VIX Indicator have been updated
SPX Campaign Expiration and Trades
Yesterday’s Expiration
#spxcampaign
$SPX 6/21 2360/2385 BUPS
#spxcampaign
Closed Early
$SPX BTC 6/23 2475/2450 BECS @ .50 73% profit
#spxcampaign
$SPX STO 6/30 2390/2415 BUPS @ 3.20 Thank you @jeffcp66
$EXAS
#ShortPuts Popping in to catch the close. Been out mowing most of the day wanting to get it done before the current trpoical storm gets here. Had this on my list. Sold to open July 32 Puts @ 0.90.
COST calls
Sold $COST 7/21 165 calls @ 1.57, to bring in premium against the 160 puts I sold last week.
UVXY
In anticipation of the next split I’m selling the rest of this position. Order has been in for awhile but wasn’t getting filled so came down a nickel…throw ’em in the drawer and check in six months. Got 2.92 for the first batch…taking a little less here.
#IRA #VXXGame – Once we get another reverse split and a little more drop after that I’ll cover these. Looking for 50 percent of max…
Sold UVXY JAN 18 2019 5.0/15.0 Bear call spreads @ 1.92
BTC SPX 30 JUN 17…
BTC SPX 30 JUN 17 2480/2505 CALL @.25 sold it JUN 2 2017 for $2.25
COST
In my IRA, STO October 150 puts @ 3.15, cash covered.
VRX
#LongCallDiagonals – Trying to take my lessons learned from AMZN and GOOGL. This thing is coming out of a daily squeeze and maybe just getting started. Rolling front month out and up early…this picks up about 100 deltas on the overall position.
Rolled VRX JUL 21 2017 16.0 Calls out and up to AUG 18 2017 18.0 Calls @ .03 debit
Still long Jan 2019 10 calls and short Jan 2019 7.5/5.0 Bull put spreads…
SPX rolls sold
#SPXcampaign Sold to Open $SPX July 5th 2405/2380 put spreads for 2.10. This makes up for the debit in the #ITMroll made yesterday.
Sold to Open SPX July 14th 2470/2495 call spreads for 3.60. Second half of roll from call spread stopped for 6.40 on Monday.
REGN…now the bad
#ShortStrangles – What a move! I sure didn’t see a two month 200 point move in a 350 dollar stock coming. Had something like 350/450 strangles when this thing took off. Rolled the 450 out to Sep and started rolling the 350 up as she climbed. Wasn’t nearly aggressive enough and kept getting further behind. Finally bailed on the whole thing yesterday when I heard new health care proposal could be pretty friendly to drug companies.
Long story short…gave back all of my REGN profits for the year plus about another 25 points. Being hard headed, I’ll set that aside and look to get it back on next pullback. Grrr…hate getting thumped by one of my all time favorite tickers. I thought we were friends!
GOOGL identical to the AMZN trade
#LongCallDiagonals – Long term diagonal (Whiz style trade) is pretty much dead money now so booking it. With the near vertical rise in this thing the short term call got away from me. So far ITM now that profit is basically capped on the LEAP call. After rolling the LEAP call up a couple times to reduce risk, I’m closing the whole thing except the Jan 2019 500/400 BuPS which I’ll close if I ever need the buying power. Ideally we get a pullback to start all over again.
Bought to Close GOOGL DEC 15 2017 900.0 Call @ 110.65
Sold to Close GOOGL JAN 18 2019 850.0 Call @ 194.70
After roll ups of LEAP call basis was down to 31.00 and front month sales brought in another 13.9 points.
When it’s all said and done a net gain of 66.95. Worked pretty good but having that front month call in the way really hurt. Next time I’ll be more aggressive getting out of the way. Of course, who could’ve seen a 250 point six month run coming…wow!
AMZN
#LongCallDiagonals – Long term diagonal (Whiz style trade) is pretty much dead money now so booking it. With the near vertical rise in this thing the short term call got away from me. So far ITM now that profit is basically capped on the LEAP call. After rolling the LEAP call up a couple times to reduce risk, I’m closing the whole thing except the Jan 2019 500/400 BuPS which I’ll close if I ever need the buying power. Ideally we get a pullback to start all over again.
Bought to Close AMZN DEC 15 2017 865.0 Call @ 167.20
Sold to Close AMZN JAN 18 2019 850.0 Call @ 239.1
After roll ups of LEAP call basis was down to 30.75 and front month sales brought in another 38.7 points.
When it’s all said and done a net gain of 79.85. Worked pretty good but having that front month call in the way really hurt. Next time I’ll be more aggressive getting out of the way. Of course, who could’ve seen a 300 point six month run coming…wow!
SPX puts closed, puts sold
#SPXcampaign Closed on GTC order: $SPX June 23rd 2400/2375 put spreads for .20. Sold for 1.75 on June 9th.
Sold to Open July 20th 2340/2315 put spreads for 1.55
TSLA
#ShortStrangles – Making an adjustment but adding a little downside protection…
Started out as a Jan 2018 175/500 strangle @ 6.10 credit
Rolled 175 to 250 @ 7.40 credit
Today rolled 250 to a 300/200 bull put spread @ 6.27 credit.
Position now 300/200 BuPS against 500 call @ 19.77 credit.
Can this thing see 500 by Jan 2018? TOS says 85 percent chance it won’t get there and a 70 percent chance 300 won’t get hit so still slightly higher downside risk.
INGN
STO August 95 puts @4.70, this is a trade from DeBeers over on SMM
WYNN
#ShortStrangles – Replacing this week’s expiration…still selling against ITM calls.
Sold WYNN JUN 30 2017 135.0 Puts @ 1.35
#xle yesterday morning sto xle…
#xle
yesterday morning
sto xle 64.5 put @ .51 for 6.23.17
SPX ITM roll
#SPXcampaign Yesterday, Closed $SPX June 28th 2405/2430 call spreads for 20.25. Sold last week for 20.15.
#ITMroll Sold July 5th 2410/2435 call spreads for 18.25. Will choose an additional spread to day to make up for the 2.00 roll-debit.
Also yesterday, closed on GTC order: balance of June 23rd 2465/2490 call spreads for .20. Sold for 1.80 on June 16th.
GM –
Economic Data
8:30am EST Unemployment Claims – street sees 241K
9:00am EST HPI m/m – street sees 0.4%
10:00am EST FOMC Member Powell Speaks
10:00am EST CB Leading Index m/m – street sees 0.4%
10:30am EST Natural Gas Storage – street sees 55B
Earnings before Open
ACCENTURE PLC (CAN) – consensus 1.50
BARNES & NOBLE (BKS) – consensus -0.17
CARNIVAL CORP (CCL) – consensus 0.47
COMMERCIAL METL (CMC) – consensus 0.24
HAIN CELESTIAL (HAIN) – consensus 0.52
Earnings After Markets Close
BED BATH&BEYOND (BBBY) – consensus 0.66
SMART GLBL HLDG (SGH) – consensus 0.62
SONIC CORP (SONC) – consensus 0.41
SYNNEX CORP (SNX) – consensus 1.80
Todays Efforts Did Not Get In ACN Strangle
#spxcampaign
$SPX STO 7/21 2335/2360 BUPS @ 1.85 Go @jeffcp66
#shortputs
$SVXY STO 7/14 115 puts @ 1.45 Thank You @hcgdavis
$SVXY STO 7/21 124 puts @ 2.40 Thank you @jdietz1954
$SVXY STO 1/19/2018 85 puts @ 4.50 Thank you @fuzzballl
TSLA strangle
Borrowed an idea from one of the TastyTraders.
Sold $TSLA Jul 21 325/430 strangle @ 5.40
SPX 21 JUN 17 2300/2200…
SPX 21 JUN 17 2300/2200 BuPS expired worthless sold on 5/28/2017 for $5.00
SPX 21 JUN 17 2470/2495 BeCS expired worthless sold on 5/22/2017 @1.95
$ULTA BUPS
$ULTA STO 7/21 285/290 BUPS @ 1.90
ACN earnings
#Earnings Order has been in all day; just lowered it to 1.35; not sure if I’ll go lower…
Trying for: $ACN June 23rd 122/134 strangles for 1.35. Over last 12 quarters, Biggest UP move: 6.8%, Biggest DOWN move: -6.6%, Average move: 3.6%. These strikes are +5.7% and -3.8% OTM. Bullish bias since that’s the way things have been rolling lately.
$AAOI
#ShortPuts Sold to open June 30th 60 Puts @ 1.26.
