STO May 19 $17 calls @ $0.33
Market starting to make higher lows and higher highs on the 1 min chart
Recent Updates Page 424
$SVXY #ShortPuts – I may…
$SVXY #ShortPuts – I may be really busy Friday afternoon, rolling Puts, or I’ll be a very happy camper.
Sold SVXY May 19 2017 119.0 Puts @ 0.75
Sold SVXY May 19 2017 117.0 Puts @ 0.66
Sold SVXY May 19 2017 116.0 Puts @ 0.65
$UVXY #ShortCalls – a couple…
$UVXY #ShortCalls – a couple of really short term trades with the stock at 15
Sold UVXY May 19 2017 20.5 Calls @ 0.21
Sold UVXY May 19 2017 21.0 Calls @ 0.21
WDC
Rolled jun 9 84.5 puts to june 23 83 puts for credit of 0.12. Had to do it early, my margin decreased by 8 k today so did this so I can stay in the svxy trades. They will probably be juicy later this week!
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY JUN 16 2017 85.0 Puts @ 1.20 with the stock at 137.60.
Only a month out.
VP succession…tongue in cheek (or not)
I’m no political science guy but I think when the Vice-President becomes president he nominates a new VP and then Congress approves.
Who and what are the odds…feel free to add!
🙂 🙂
Marco Rubio: even money
Jeb Bush 500:1
NVDA roll
#ShortStrangles – Taking my medicine for actually taking a directional play on something…the only one in my main portfolio…LOL
Rolled NVDA JUN 16 2017 140.0 Puts to DEC 15 2017 125.0 Puts @ .22 credit.
There’s over 8 dollars of premium in these puts already. I’ll continue selling a few conservative weekly calls against them between now and then.
Downside Warning has fired
Downward we go
SVXY
STO June 2, 98 put @1.15
WYNN roll
#ShortStrangles – Just to make sure there’s no monkey business with early assignment…
Rolled WYNN MAY 19 2017 130.0/110.0 inverted to JUN 2 2017 130.0/110.0 @ .90 credit
$CVS #ShortPuts – Sold 1…
$CVS #ShortPuts – Sold 1 CVS Jan 19 2018 65.0 Put @ 1.58 with the stock at 76.27.
A non-volatility play.
SVXY
STO June 9:
99 put @1.35
98 put @ 1.30
97 put @ 1.25
96 put @ 1.20
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY May 19 2017 120 Puts @ 0.56 with the stock at 140.41.
These expire Friday
SVXY
STO September 75 puts @2.05
$NUGT #ShortPuts – Bought to…
$NUGT #ShortPuts – Bought to close NUGT(25/100) MAY 26 2017 6.5 Puts @ 0.01. They wont trade any lower
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Jan 19 2017 60.0 Calls @ 1.72 with the stock at 14.45. Adding on. Highest strike
$UVXY #SHortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Jul 21 2017 32.0 Calls @ 1.03 with the stock at 14.45. Adding on. Highest strike
Lows of the day?
Wow just hit a new low with a spike down to 2367.69. It may have been a capitulation low, at least for a few minutes, or for the day. But in any case, the day has gotten uglier, not prettier.
I’m stuck exiting the May 17th 2380/2355 on this bounce, which sucks because it was going for .20 yesterday. I’m also pressured on the two risk/reversals I have running, which will likely need to be rolled. #SPXcampaign
SVXY
STO June 9, 100 put @1.35
In my IRA,
STO January 2018, 80 puts @ 5.55
$SVXY #shortputs Sold May 26th…
$SVXY #shortputs Sold May 26th 120 Puts @ 1.50 with $SVXY at 141.46.
Vol. is up enough maybe…
Vol. is up enough maybe time to look at some /ES strangles. Delta 8 44 DTE puts are going for 5.25-5.50 and call 2.3. That equates to 2165 to 2455 on /ES.
Unfortunately I am almost at margin limit so have to wait until some trades close this week.
$SVXY #ShortPuts – Sold 1…
$SVXY #ShortPuts – Sold 1 SVXY May 19 2017 129.5 Put @ 1.11 with the stock at 143.04.
Expires Friday.
Highest TICK of the day
Highest TICK of the day
$SVXY #ShortPuts – these are…
$SVXY #ShortPuts – these are for next week
Sold SVXY May 26 2017 108 Puts @ 0.91
Sold SVXY May 26 2017 109 Puts @ 1.00
SVXY
#ShortPuts #VXXGame – After selling those additional puts earlier this week I promised myself I’d thin the herd if things got dicey. Since I’m probably going to be long 100 shares this week from my 160/155 BuPS I’m playing it really safe. Still nice winners and reduces a lot of risk…and I absolutely hate seeing winners turn into losers.
Bought to Close SVXY JAN 19 2018 55.0 Puts @ 1.75 (sold for 2.85)
Bought to Close SVXY JAN 19 2018 60.0 Puts @ 2.35 (sold for 4.55)
$UVXY #ShortCalls #VXXGame – adding…
$UVXY #ShortCalls #VXXGame – adding to this position at the highest strike
Sold UVXY Jul 21 2018 32.0 Calls @ 0.96
$UVXY #ShortCalls #ClassicVXXGame – adding…
$UVXY #ShortCalls #ClassicVXXGame – adding to this position at the highest strike
Sold UVXY Jan 19 2018 60.0 Calls @ 1.62
$UVXY #ShortCalls #ClassicVXXGame – adding…
$UVXY #ShortCalls #ClassicVXXGame – adding to this position
Sold 1 UVXY Jan 18 2019 60.0 Call @ 3.60
$SVXY #ShortPuts – Bought to…
$SVXY #ShortPuts – Bought to close SVXY JUN 16 2017 25.0 Puts @ 0.01. It won’t trade any lower.
Originally Sold on 11/01/16 @ 1.20
#spxcampaign sto 2240/2215 put @…
#spxcampaign
sto June 16 ,2240/2215 put @ 1.50
sto June 16,2245/2220 put @1.50
PANW covered calls
#Earnings #CoveredCalls BTC $PANW May 26th 120 call for 1.00. Sold at Monday’s open for 3.30.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Sep 15 2017 70.0 Puts @ 1.55
Goodbye PEP
#Earnings #StockTrades
Sold to close all PEP stock for 113.75. I don’t need this weighing me down if we’re going to have market volatility. Cost basis 113.20 from earnings #IronButterfly last month.
Hello NUGT
#ContangoETFs These are my first trades in NUGT since November. Waited for it to reach closer to its April highs before selling calls, and of course the reverse split was necessary to make premium attractive again.
STO NUGT June 16th 51 calls for 1.05
STO NUGT Sept 15th 51 call for 4.60
(highest strike available)
NVDA roll
SVXY
Sold $SVXY Jun 16 95 puts @ 1.24
Downside signal, Upside Warning is canceled
#VIXIndicator, #SPXcampaign
The VIX crossed 13.03, which is 25% above the 2-day closing low. This cancels the upside warning and sets us up for the possibility of a downside warning. We now need to be cautious of further weakness, but also the possibility that, without a full downside warning in effect, that we may bounce from this week’s lows. We’d have to reach 14.34 today for a Warning to go into effect.
I will be looking to manage some pressured put spreads today.
SVXY
STO June 23,
90 puts @.98
91 puts @1.01
92 puts @ 1.05
93 puts @ 1.10
94 puts @1.25
95 puts @1.25
$UVXY #ShortCalls #ClassicVXXGame – restarting…
$UVXY #ShortCalls #ClassicVXXGame – restarting this position
Sold 1 UVXY Jan 18 2019 60.0 Call @ 3.20
I will add on if it keeps rising
GLD getting there
#PerpetualRollingStrangles – Been rolling 120.5/113 inverted forever waiting for one side to expire. Got a chance on the put side this week. Go baby go! Then roll the calls out to a new strangle. Probably still inverted but finally get to book premium on the 120.5’s….maybe. Big move in gold back above the 200ma for now.
SVXY
STO may 19, 135 put @ .95
$SPX #spxcampaign Bought to close…
$SPX #spxcampaign Bought to close that June 02 2310/2330 BuPS spread I put on yesterday @ 0.80 for 2.35. I waited to see if the market would bounce after the pull back in place of a panic trade. I still have much to learn for these types of trades.
UVXY
Sold $UVXY Jul 21 32 calls @ .65. Highest strike.
Sold $UVXY Sep 15 55 calls @ .60
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Jul 21 2017 32.0 Calls @ 0.73. Highest available strike
SVXY
STO May 19,
136 put @ .84, fat finger on this one
137 put @ 1.05
138 put @ 1.10
139 put @ 1.20
More SPX call spreads closed
#SPXcampaign Closed on GTC orders:
$SPX May 19th (Friday PM) 2415/2440 call spreads for .20. Sold for 2.00 last Thursday.
$SPX June 2nd 2445/2470 call spreads for .20. Sold for 1.72 (avg price) on or before May 4th. (this is mistakenly entered as the 2420/2445 spread on my chart).
I left the May 17th 2380/2355 put spread to expire today. Big mistake. However, I’m going to let the day play out provided we stay below 13.03 on the VIX, which is today’s warning signal level.
SVXY
#IRA #ShortCalls #VXXGame – I know this sounds backasswards but these were practically unchanged on the little bounce right after the open. Thinning out some risk and looking to sell lower eventually…
Bought to Close SVXY SEP 15 2017 60.0 Put @ .81 (sold for 3.15)
Bought to Close SVXY SEP 15 2017 65.0 Put @ .96 (sold for 3.97)
Bought to Close SVXY SEP 15 2017 70.0 Put @ 1.20 (sold for 3.25)
And one small sale:
Sold SVXY DEC 15 2017 70.0 Put @ 2.30
VXXgame dabble
#VXXgame
Sold SVXY june 16th 100 put for 1.20
Sold SVXY June 16th 140 put for 6.50 (hedge against underwater calls)
$SVXY #ShortCalls – adding on…
$SVXY #ShortCalls – adding on
Sold SVXY May 19 2017 138.0 Puts @ 1.14
Sold SVXY May 19 2017 136.0 Puts @ 0.90
Sold SVXY May 19 2017 135.0 Puts @ 0.90
SVXY
STO June 30, 95 put @ 1.38
$UVXY #CoveredCalls – Sold these…
$UVXY #CoveredCalls – Sold these to get out of some small stock positions
Sold UVXY May 19 2017 14.0 Calls @ 0.23
Sold UVXY May 19 2017 14.5 Calls @ 0.19
Sold UVXY May 19 2017 15.0 Calls @ 0.15
Sold UVXY May 19 2017 15.5 Calls @ 0.13
SPX trades
#SPXcampaign
Sold to Open $SPX June 15th 2265/2240 put spreads for 1.40, with SPX at 2382.
These all closed on GTC orders since the opening bell:
SPX May 18th 2415/2440 call spreads for .20. Sold for 1.30 as a #ReverseRoll on May 11th
SPX May 26th 2440/2465 call spreads for .20. Sold for 1.60 on Apr 24th
SPX May 26th 2435/2460 call spreads for .20. Sold for 1.65 on Apr 28th
SPX June 2nd 2450/2475 call spreads for .20. Sold for 1.40 on May 1st
$SVXY #ShortCalls – got these…
$SVXY #ShortCalls – got these on the open – 10 points OTM
Sold SVXY May 19 2017 138.0 Puts @ 0.74
Sold SVXY May 19 2017 137.0 Puts @ 0.76
Sold SVXY May 19 2017 136.0 Puts @ 0.61
Sold SVXY May 19 2017 135.0 Puts @ 0.62
$SVXY
STO May 19 $130 puts @ $0.40
STO May 19 $135 puts @ $0.58
STO May 19 $138 puts @ $0.62
STO May 26 $125 puts @ $.95
Maybe our volatility is finally here
/ES down 15
/VX around 12.55
Gold up, bonds up
Let’s hope this holds and we can get some #VXXGame trades on and maybe some NUGT trades.
$SPX #SPXcampaign Sold June 2310/2330…
$SPX #SPXcampaign Sold June 2310/2330 BuPS @ 0.80. Notified of my fill @ 4:14:37. I checked. At least TOS let me know.
Love the License plate ideas. Can’t play golf which makes me a mutant or sane. Maybe both. Have a great afternoon all.
#spxcampaign btc after close 2420/2445…
#spxcampaign
btc after close 2420/2445 call May 19@.35 had sto @ 1.50. With two dte did not want to risk tomorrow. Can always find new fish to fry!
in 2 accounts
Maybe I should write a…
Maybe I should write a poem or song about theta decay. Even with a few positions making a mild move against them today still making money.
I like theta decay I like it a lot
Even when things don’t work out as planned, can still be hot
Some things go up, some go down
Even when wrong can still be around
I will enjoy the ride by selling you options but if you bought them from me you will not
How’s that I thought a Haiku or limerick would probably be the easiest
TGT low probability low risk
#Earnings – Sold 50/52/54 skewed iron fly @ 1.62
Risk 38 to make 162. Two dollars wide on a 2.66 expected move. Obviously I’m looking for all of that move to the downside…
$CVS #ShortPuts – Sold 1…
$CVS #ShortPuts – Sold 1 CVS Nov 17 2017 70.0 Put @ 1.39 with the stock at 79.04
SVXY
ISRG roll
#ShortStrangles – Breaking out to a new leg higher after a short earnings consolidation. Rolling up again…
Rolled ISRG MAY 19 2017 850.0 Put to MAY 19 2017 865.0 Put @ 4.70 Credit
Now short this week’s 865.0 put @ 14.65 selling against a June 855.0 call. With no pullback the plan is to take a little of the put premium and pay to roll up the call and sell another put next week.
CMG roll
#ShortStrangles – Making a pretty aggressive roll here. Feels like it might wanna gravitate towards 500 by expiration…
Rolled CMG MAY 19 2017 487.5 Put to MAY 19 2017 500.0 Put @ 6.00 Credit
Now short this week’s 500 put @ 16.10 selling against a June 450.0 call. With no pullback the plan is to take a little of the put premium and pay to roll up the call and sell another put next week.
SPX chart updated
Updated as of close yesterday. Be sure to click “Home/REFRESH” above to keep features updated. #SPXcampaign
Today:
Bought to close $SPX May 26th 2290/2265 put spreads for .20. Sold for 1.45 on Apr 25th.
$TRIP #ShortCalls – Bought to…
$TRIP #ShortCalls – Bought to close TRIP Jun 16 2017 55.0 Calls @ 0.05. They won’t trade any lower and out a month early.
Sold 05/08/2017 at 0.60 just prior to #Earnings
#earnings TGT Any interest in…
#earnings TGT
Any interest in Target out there?
AGN
BTC May 19, 225 puts at 1.90 to prevent possible assignment. These were sold @ 5.75
$SVXY
Nibbled on market drop a few minutes ago.
STO $SVXY May 19 $148 puts @ $0.45, below last weeks low, expires on friday. Small position.
$NUGT #ShortPuts – Partially covered…
$NUGT #ShortPuts – Partially covered some NUGT (25/100) May 19 2017 8.0 Puts @ 0.01.
$DUST #ShortCalls – Bought to…
$DUST #ShortCalls – Bought to close DUST Jun 16 2017 65.0 Calls @ 0.05. They won’t trade any lower and out a month early.
Sold 02/09/2017 at 1.70
#FallingKnife candidates $JWN $RL #NKE
#FallingKnife candidates $JWN $RL $NKE $URBN $BBBY
All retail will be thru $AMZN in the future…… right?
From ZeroHedge a month ago – Fitch’s Loans of Concern list, which is a compilation of issuers with a significant risk of default within the next 12 months. And, just to make the tracking of future defaults easier, Fitch also provided the list of eight other retailers with term loan debt totaling nearly $6 billion, which are also on its concern list, and are most likely to be in default in the not too distant future. They are as follows:
Sears Holdings Corp (roughly $2.5 billion);
99 Cents Only Stores LLC;
Charming Charlie LLC;
Gymboree Corp.;
Nine West Holdings Inc.;
NYDJ Apparel LLC;
rue21, Inc.; and
True Religion Apparel Inc.
Meanwhile, Jeff Bezos is this close to being the world’s richest man.
#VXX game STO Jun 23…
$FLR #ShortPuts #FallingKnife – Sold…
$FLR #ShortPuts #FallingKnife – Sold FLR Jan 19 2018 40.0 Puts @ 1.60 with the stock at 46.35
$M #ShortPuts #FallingKnife – Sold…
$M #ShortPuts #FallingKnife – Sold M Jan 19 2018 19.0 Puts @ 1.22 with the stock at 23.05
PEP stock
#Earnings #LongStock Sold to close a quarter of my stock in $PEP for 114.00 in pre-market. Assigned via #IronButterfly earnings trade at the end of April, cost basis 113.20. Scaling out as stock moves higher.
