#SPXcampaign Sold to Open $SPX March 24th 2430/2455 call spreads for 1.45, with SPX hitting new all-time highs.
Bought to close SPX Feb 24th 2300/2275 put spreads for .20. Sold for 2.85 on Feb 13th.
Recent Updates Page 445
$UVXY #ShortCalls – so I…
$UVXY #ShortCalls – so I had 2 UVXY Feb 17 2017 20.5 calls written against 100 shares of stock.
Since the stock closed at 20.25 at 4:00 I saw no need to cover them, even at a penny. But the stock went to 20.51 or 20.52 in the after hours and I now(Saturday) find that I am short 100 shares in one account at TD Ameritrade.
I have no idea if they have stock to borrow or not, but I’ve put in a covering order at 19.50. If the market opens strong I may be out by 9:31. If not, I’ll play it by ear.
Econ Calendar for week of 2/20/17
This calendar is always quickly accessible in the menu at the top of the site (upper right).
#OptionsExpiration for Feb 17 Expiring:…
#OptionsExpiration for Feb 17
Expiring:
$DUST 02/17/2017 75 calls
$IWM 02/17/2017 130 puts
$IWM 02/17/2017 140 calls
$SVXY 02/17/2017 55 puts
$SVXY 02/17/2017 75 puts
$TLT 02/17/2017 117 puts
$TLT 02/17/2017 122 calls
$UNH 02/17/2017 150 puts
$UPS 02/17/2017 103 puts
$CYBR 02/17/2017 55 calls (covered)
Assignments:
Going long stock
$TWTR 02/17/2017 23 puts
Stock being called away
$MBLY 02/17/2017 44 calls
Have a great long weekend everyone. Should be a beautiful weekend in Los Angeles. I’ll be heading the store soon if I can find my kayak 🙂
#contangoETFs $UVXY Sold to open…
#contangoETFs $UVXY
Sold to open Feb 24th 26 Calls @ 0.27 with UVXY at??? with 1 minute left in the session (4:14). That was a surprise. I’m waiting for the text notification to get the price of UVXY.
Expiration
$SPX 2125/2150 BUPS
$NTAP 37/39 BUPS (Profit erased by 41/39 BECS half of IC)
$GS 230/235 BUPS
$ALK 90/95 BUPS (Earnings trade Thank you @jeffcp66
$AMZN 910/900 BECS
$MRO 18 call (Covered – will cover again)
$CVI 25 call (Covered – will cover again)
$GPOR 20 call (Covered – will cover again)
$DVN 44 put
$PCTY 30 put
$CMG 370 put
$JNUG 11 put
Stock called away
$CRR 11 calls
$MS 45 calls
$CYNO 55 calls
Stock put to me
$CHK 7 put
Complete loss
$VALE 12 call
Thanks to all.
Remember our presidents this three day weekend.
Options Expiration 2/17/17
#OptionsExpiration #Earnings #CoveredCalls #ShortStrangles #BullPutSpreads
— Expiring w/Max Profit —
ALK 95/90 put spreads
RGLD 75 & 80 covered calls
VECO 24/29 strangles
That’s it… have a good weekend all!
#OptionExpiration Week 2/17
Expiring
SVXY 90 Put
SVXY 100 Put
SVXY 120 Put
SPX trades today
#SPXcampaign
Bought to close $SPX Feb 22nd 2300/2275 put spreads for .20. Sold for 3.50 last Friday.
Bought to close $SPX March 3rd 2205/2180 put spreads for .20. Sold for 1.30 on Feb 3rd.
Sold to Open March 16th 2255/2230 put spreads for 1.45, when SPX was at 2345.
#ITMroll Bought to close Feb 24th 2320/2345 call spreads for 18.80. Sold for 4.75 on Feb 9th.
Rolled to 2 spreads: Sold to Open Feb 28th 2325/2300 put spreads for 3.00, with SPX at 2345, AND Sold to Open March 10th 2330/2355 for 15.80, at end of day when SPX hit 2350.
$UVXY #CoveredCall – Sold 1…
$UVXY #CoveredCall – Sold 1 UVXY Feb 24 2017 23.0 Call @ 0.47 at the closing bell, replacing this week’s 20.5 Call that just expired.
#OptionsExpiration #Monthlys #Feb17 – A…
#OptionsExpiration #Monthlys #Feb17 – A pretty good week as almost everthing worked. $SVXY pulled back allowing more puts to be sold, $UVXY rallied so a new set of Weekly Calls could be sold, and $DUST came off the floor allowing some Puts to expire.
A couple of big covered call positions were assigned and closed out profitably, raising more cash for the coming months.
— Expirations —
CF Feb 17 2017 38 Calls
DUST Feb 17 2017 25 Puts
HES Feb 17 2017 35 Puts
MYL Feb 17 2017 45 Calls (Covered)
NOV Feb 17 2017 24 Puts
NUGT Feb 17 2017 7 Puts
SVXY Feb 17 2017 50 Puts
SVXY Feb 17 2017 55 Puts
SVXY Feb 17 2017 75 Puts
SVXY Feb 17 2017 85 Puts
SVXY Feb 17 2017 88 Puts
SVXY Feb 17 2017 106 Puts
SVXY Feb 17 2017 107 Puts
SVXY Feb 17 2017 118 Puts
SVXY Feb 17 2017 119 Puts
SVXY Feb 17 2017 120 Puts
SVXY Feb 17 2017 121 Puts
TRIP Feb 17 2017 40 Puts
UAA Feb 17 2017 35 Calls (Covered)
UVXY Feb 17 2017 20.5 Calls (Covered)
UVXY Feb 17 2017 21 Calls (Covered)
UVXY Feb 17 2017 21.5 Calls (Covered)
UVXY Feb 17 2017 22 Calls (Covered)
UVXY Feb 17 2017 22.5 Calls (Covered)
UVXY Feb 17 2017 40 Calls
UVXY Feb 17 2017 40.5 Calls
UVXY Feb 17 2017 50 Calls
UVXY Feb 17 2017 60 Calls
UVXY 20/Feb 17 2017 18 Calls
VTR Feb 17 2017 60 Puts
— Assignments —
CF Feb 17 2017 34 Calls (Covered)
CVS Feb 17 2017 79 Calls (Covered)
MCO Feb 17 2017 105 Calls (Covered)
Expirations and assignments
assignments;
IRDM @10.00
HOS @7.00
UBNT @55
IRBT @57.5
Expired
NTES @225
SHOP @45
DB @20 covered call
Trades and Closed Early
#shortputs
$AMZN 4/21 780/805 BUPS @ 4.54 (RCK89 @ OMM)
$GRMN STO 3/17 47.50 puts @ .85
#shortcalls
$CELG STO 3/17 120 call @ 2.29
#longcalls
$CELG BTO 4/21 120/125 BUCS @ 2.35
$SPY BTO 2/24 235 call @ .69
$NKE BTO 4/21 60 call @ .63
Closed Early
$MU 2/17 24/22 BUCS 44% profit
$TRIP $ MDLZ – a…
$TRIP $MDLZ – a couple of #FallingKnife candidates to look at
$SVXY #ShortPuts – sold all…
$SVXY #ShortPuts – sold all these early this morning
Sold 1 SVXY SEP 15 2017 55.0 Put @ 2.56
Sold SVXY MAR 24 2017 65.0 Puts @ 0.37
Sold SVXY MAR 10 2017 80.0 Puts @ 0.36
$UVXY #CoveredCalls – Sold UVXY…
$UVXY #CoveredCalls – Sold UVXY FEB 24 2017 26.0 Calls @ 0.42. Short trading week next week.
STO M Strangle 28/36 for…
STO M Strangle 28/36 for .35 cr – earnings Tuesday BMO
#Squeeze Stocks undergoing Squeezes in…
#Squeeze
Stocks undergoing Squeezes in multiple charts
Multiple Squeeze
39 (39 min)
78 (78 min)
D (Daily)
W (Weekly)
M (Monthly)
ADSK 39,78,D
AFL 78,W
ADM D, W
COST M
CRM 78,W,M
DAL 39,M
DHI W,M
EA W
EBAY 78
F D,W,M
FB 39,78
FFIV 39
GILD W
GRMN 39,W
HD M
HON 78
KBH 39,D,W,M
KO W,M
LLY M
LOW W,M
LULU D
LVS M
MA 39,M
NFLX 39
NKE 39,78
ORCL W,M
PEP W,M
PM 78
RIG M
SBUX M
SU M
SLB M
TGT 78,M
UTX 39,78
V 39,M
VLO M
WMT W
WYNN W
XOM M
Not all of these will fire to the upside; some will fire down (bearish). According to JC most stocks will run for 3 to 6 bars after they fire. That means that on a Monthly Chart the Stock could be going up or down for 3 to 6 months. Be careful checking earnings before placing a trade though. The squeeze may wait until then to move.
So far, squeezes fire 90% of the time and when they do, there is always an opportunity of good gains.
Good Trading.
ANET
BTC March 17, 75 put @0.05 cents, sold @1.30, can’t make much more and a month to go before expiration.
anyone doing strangles in TSLA….
anyone doing strangles in TSLA. It has earnings on Tuesday amc. I’m looking at the 225/310 for .74 cr. Let me know what you think of this trade idea.
$DUST #ShortPuts – Finally taking…
$DUST #ShortPuts – Finally taking some gains. Rolled some Puts I rolled down to last week.
Bought to close DUST Feb 17 2017 27.0 Puts / Sold DUST Mar 3 2017 24.0 Puts @ 0.10 Credit
Bought to close DUST Feb 17 2017 27.0 Puts / Sold DUST Mar 17 2017 22.0 Puts @ 0.30 Credit
I also have a batch of DUST Feb 17 2017 25.0 Puts about to expire.
#coveredcalls TLT Sold March 3…
#coveredcalls
TLT Sold March 3 122 call for .46, replacing 124 call expiring today. I was assigned TLT in November and have the cost basis down to 120.
REGN new
I’d like to have 2 of these going all the time…adding a second one.
Sold REGN MAR 31 2017 330.0/420.0 Strangle @ 5.69
Stock sold
#Earnings #StockTrades Sold more of my $SBUX stock, cost basis 56.75. Sold this morning at 57.05 and 57.36. Still have more on trailing stop.
SPX Campaign
$SPX STO 3/17 2225/2250 BUPS @ 1.50
$SPX STO 2/27 2400/2375 BECS @ 1.55
premarket DE is up 3.50…
premarket DE is up 3.50 so maybe my strangle will close for a couple of minutes.
SPX Chart and VIX Indicator have been updated
It’s been a crazy week for SPX trades, and the chart reflects it… lots of rolling and arrows. Enjoy!
$UVXY #ShortPuts – Bought to…
$UVXY #ShortPuts – Bought to close UVXY FEB 17 2017 20.0 Puts @ 0.40 for a slight gain. After the stock got to 18.13 in the pre-market Wednesday I decided to bail on the move back to the strike price
$ABMD #ShortPuts – Bought to…
$ABMD #ShortPuts – Bought to close ABMD MAR 17 2017 75.0 Puts @ 0.05. They won’t trade any lower and still have a month to run. Sold for over 2 points
$UAA #CoveredCalls – Sold UAA…
$UAA #CoveredCalls – Sold UAA JAN 19 2018 35.0 Calls @ 0.45
$UVXY #ShortCalls – hitting every…
$UVXY #ShortCalls – hitting every available expiration date but keeping trades small.
1 UVXY MAR 3 2017 25.0 Call @ 1.07
1 UVXY MAR 10 2017 29.0 Call @ 1.07
UVXY MAR 10 2017 34.0 Calls @ 0.47
UVXY MAR 10 2017 40.0 Calls @ 0.42
UVXY MAR 17 2017 45.0 Calls @ 0.48
1 UVXY MAR 24 2017 34.0 Call @ 1.07
UVXY MAR 24 2017 45.0 Calls @ 0.64
1 UVXY MAR 31 2017 33.5 Call @ 1.44
1 UVXY JUN 16 2017 60.0 Call @ 2.43
1 UVXY SEP 15 2017 60.0 Call @ 4.05
Only SPX trade of the day…
#SPXcampaign … and I would have canceled this order had I remembered to… Filled right after the close.
Bought to close $SPXPM Feb 17th 2320/2295 put spreads for .20. Sold for 3.45 on Monday.
$SVXY #ShortPuts – Sold all…
$SVXY #ShortPuts – Sold all these at various points during the day
SVXY FEB 17 2017 106.0 Puts @ 0.20 – these expire tomorrow
SVXY FEB 17 2017 107.0 Puts @ 0.20 – these expire tomorrow
SVXY MAR 3 2017 85.0 Puts @ 0.45
SVXY MAR 17 2017 75.0 Puts @ 0.60
SVXY JUN 16 2017 60.0 Puts @ 1.70
Closed Early #Shortputs
#spxcampaign
Closed Early
$SPX BTC 2/24 2390/2365 BECS @3.50 STO 1/26 @ 1.35
$SPX BTC 2/17 2295/2310 BUP@.05 STO 2/13 @ 1.15 945 PROFIT
#shortputs
$ETSY STO 3/17 12.50 put @.70
$SVXY STO 3/31 95 put @ 2.50 Thank you @fuzzballl
#spxcampaign From Tradewise April 7…
#spxcampaign
From Tradewise April 7 SPX IC 2270/2275/2395/2400 for 2.10. Their theory is we will be range bound for a little while
Last minute Earnings fill
#Earnings Sold $VECO Feb 17th 24/29 strangles for .50. Biggest UP move: 13.5%, Biggest DOWN move: -12.3%, Average move: 6.6%. Strikes are 10.9% and 7.6% OTM respectively.
Order in since this morning, forgot about it as I didn’t think it would fill. Price moved up intraday so call side is a bit close, but manageable at such a low stock price. Never traded this symbol before.
NVDA legging out
#ShortStrangles – Closing the call side of my March 105/130 strangles…
Bought to Close NVDA MAR 17 2017 130.0 Calls @ .18 (sold for 1.14)
Still sitting on the short 105 puts…
SPX Update
As kind of expected, SPX hit its head on the 61% extension, yesterday, and stopped..made a small pivot today, as the mkt was off a lil..Price osc and Stoch are starting to turn over a lil..if the weakness persist we could see a possible retrace to the 2300, the top of the box previously..then maybe a push to 2420, at the 100% extension…as well, looking left, we could get a sideways pause, then up again..much like the last few weeks…
For the VXX crowd
Update from late last nite
The RRT candles proved correct..and the svxy thus far slid to the 100% fib extension and stopped dead..Indicators have all turned red..possible more downside..
IBB
#IRA #ShortPuts – Trimming a little risk here 30 days early…
Bought to Close IBB MAR 17 2017 250.0 put @ .35 (sold for 3.75)
UVXY
#IRA – Sold UVXY SEP 15 2017 30.0/40.0 Bear call spreads @ 1.20
SVXY
#IRA #ShortPuts – Sold SVXY MAR 31 2017 95.0 Put @ 2.50
$SVXY #ContangoETFs #Shortputs Sold 1…
$SVXY #ContangoETFs #Shortputs Sold 1 Feb 24th 110 Put @ 1.02 when SVXY was @ 125.55. This will be closed or rolled to avoid assignment.
Looking at DE strangle Feb…
Looking at DE strangle Feb 17 98/117 for .42 cr. How do the strikes look Jeff, anyone?
PEP earnings trade closed
#Earnings Bought to close remaining $PEP Feb 17th 107 puts for .20.
History:
Sold 105/107/109 #IronButterfly on Tuesday for 1.33
closed 107 calls for .05 on Tuesday
closed half 107 puts for .66 Wednesday
closed remaining 107 puts for .20 today
Profit on trade: 0.85.
Orders in to sell long options. Sold 1 put yesterday for .08. Filled just now on 109 call for .05. Will get more fills if stock keeps moving up.
AGN #postearnings I sold a…
AGN
#postearnings
I sold a Feb. 17 217.50/227.50/245/255 IC. Like many things, it just kept going up. I closed the call spread portion today with the pullback to keep my loss at .68, AGN is at 246.
Some #VXXGame trades Sold $UVXY…
Some #VXXGame trades
Sold $UVXY Mar 24 45 calls @ .60
Sold $UVXY Sep 15 60 calls @ 4.00
Futures
A nice battle going on in the YM futures this morning. No position.
NTAP earnings
Moved outside the iron fly to the upside…
Bought to Close 37/39/41 iron flies @ 1.90 (sold for 1.50)
and:
Sold NTAP FEB 17 2017 41.0 Puts @ .21 (one extra vs flies)
Of course…as I type this both original earnings trades would be profitable. You never know!
TRIP earnings
#Earnings – Sold off outside my strangle so goal was to get out at even…I’ll take it.
Bought to Close TRIP FEB 17 2017 49.0/59.0 Strangles @ 1.20 (sold for 1.20)
ALB
BTC Feb. 17, 90 puts @.10 cents, sold @2.37
Updated SPX Chart
Looking at the chart, with the squeeze and momentum taking off a week ago, it was evident, selling the downside was the way to go..as the squeeze fired up with accelerated momentum and price strength, I sold a delta 65 ITM put..its up 35%, for a nice gain…
There is a rule of 6, if we are up for 6 bars, it likely continues..
SPX trades
#SPXcampaign Another day, another call spread stopped. Or two.
Bought to close $SPX March 16th 2390/2415 call spreads for 4.20. Sold Monday for 1.55.
#CondorRoll: Sold to Open SPX March 16th (same date) 2260/2285/2415/2440 iron condor for 4.45.
#ITMRoll: Bought to close SPX Feb 22nd 2300/2325 call spreads for 23.75. Sold for 7.50 on Feb 9th.
#CondorRoll (although each side sold separately):
Sold to open SPX March 1st 2305/2330 call spreads for 21.00
Sold to Open SPX March 1st 2320/2295 put spreads for 3.00
$UVXY #CoveredCalls – Adding some…
$UVXY #CoveredCalls – Adding some speculative short/partially covered calls on the late bump in volatility.
Sold UVXY FEB 17 2017 21.5 Calls @ 0.24 – expires in 2 days
Sold UVXY FEB 17 2017 22.5 Calls @ 0.15 – expires in 2 days
Sold 1 UVXY Mar 3 2017 22.5 Call @ 1.07
Sold UVXY Mar 10 2017 34.0 Calls @ 0.42
VIX moved up into the close
Sold $SVXY Jun 16 60 puts @ 1.41
#VXXGame
SPX Roll
Profit/Roll
Feb 03 sell 2 mar 17 2190 puts $8.00 $1,600.00
Feb 15 buy 2 mar 10 2200 puts -$3.00 -$600.00
Gain @ 65%
Feb 15 Sell 2 Mar 17 2260 puts $5.70 $1,138.00
REGN put side roll up
#Earnings #ShortStrangles Taking a cue from @fuzzballl and rolling up the good side,
BTC REGN March 17th 330 put for 1.50. Sold in the 330/400 strangle for 6.10 last Friday.
STO REGN March 17th 350 put for 3.80, so 2.30 credit on the roll.
Looking like the 400 call may have to be rolled UP. All biotech surging.
TMUS straddle
Borrowing an idea from a Tasty Trader. IV rank is still high at 59 (earnings were yesterday).
Sold $TMUS Mar 17 60 straddle @ 4.30 credit with the stock at 61.06. Looking to take 25% out of this trade. Breakevens are 56.76 and 65.36.
$UVXY #ShortCalls, #ContangoEtfs Bought to…
$UVXY #ShortCalls, #ContangoEtfs Bought to close my Feb 17th UVXY calls @ .05.
SBUX, some stock sold
#Earnings #StockTrades Sold $SBUX stock for 56.80. This is slightly above breakeven for this lot. Putting various limits, trail stops, etc, on the rest. No too interested in holding long term, and covered call premium is too weak.
Was assigned the stock via earnings #IronButterfly… sold the long puts to reduce cost basis to 56.76.
TECK
STO March 24, 20.5 puts @0.53 cents
TLT
#PerpetualRollingStrangles – Replacing this week’s expirations…
Sold TLT FEB 24 2017 119.5 Calls @ .59
Sold TLT FEB 24 2017 120.0 Calls @ .41
PEP partial closure
#Earnings Put a trail-stop on half my PEP Feb 17th puts… just filled for .66. Will wait the rest out for a lower price or expiration.
Also putting orders in to sell the long options, one for .05 and one for .10. If any fill I’ll try for higher prices.
SVXY
STO January 75 puts @ 8.90 to offset my January calls.
SVXY
STO January 245 call@6.20
$NUGT #RatioWrite – Bought to…
$NUGT #RatioWrite – Bought to close some of my NUGT MAR 17 2017 16.0 Calls @ 0.44 with the stock at 12.
Originally sold @ 0.66 on 2/2.
I reduced the ratio of short calls to stock from 7/1 to 5/1 while taking a small profit
NTAP earnings
#Earnings – Sold 37/39/41 iron flies @ 1.50. Risk .50 to make 1.50 selling two wide on a 2.35 expected move.
Rolled Gold (GLD)
#PerpetualRollingStrangles – Stuck right in between the inverted strikes. I’ll roll and collect more premium while leaving the strikes alone. At some point one side will expire.
Rolled this week’s 119/113 inverted strangles to Mar 3rd @ .60 credit
PEP #postearnings Sold March 17…
PEP
#postearnings
Sold March 17 105/100 put spread for .74, PEP just above 107
$UVXY $ShortCalls – Bought to…
$UVXY $ShortCalls – Bought to close all my outstanding UVXY3(pre-split) Mar 17 2017 60.0 Calls @ 0.01. They won’t trade any lower.
Originally sold around 3.00 in mid October.
$UVXY #CoveredCalls – with two…
$UVXY #CoveredCalls – with two and a half days until expiration, selling mostly covered calls for accounts that still have a bit of this stock. I welcome the chance to roll these if necessary.
Sold UVXY FEB 17 2017 20.5 Calls @ 0.33
Sold UVXY FEB 17 2017 21.0 Calls @ 0.25
Sold UVXY FEB 17 2017 21.5 Calls @ 0.21
TRIP earnings
#Earnings #ShortStrangles – Playing it slightly bullish. Selling at the expected move on the downside and above the expected move on the upside. Hasn’t traded below 45 in 4 years…
Sold TRIP FEB 17 2017 49.0/59.0 Strangles @ 1.20
SVXY
STO January 250 call @5.54, trying to keep up with all of you.
FFIV earnings
#Earnings – Took a couple weeks but out at even…
Sold to close FFIV stock/covered calls @ 135.65
SVXY strangle
#ShortStrangles – Sold SVXY JUN 16 2017 70.0/200.0 Strangle @ 3.85
