BTC Feb. 17, 37 puts @0.05, sold @1.15
Recent Updates Page 448
YM Open Trade
#futures
8:35 Open YM long at 20040, as squeeze fires to the upside, with Wave-a moving to the upside, and Sq-Power high
Stop set at 20020
8:40 YM moves above 20060, stop moved to BE at 20040
8:45 YM moves past 20070, stop moved to 20050, locking a 10 point gain
9:20 target stop at 20075 hit, trade exits
gain @ 35 points
CMG
BTC March 17, 275 put @0.10, sold @4.15
REGN earnings
Unbelievable…moved back up to the 9th now…
Rolled this week’s 340/370 strangle to March monthly 310/395 @ 1.19 credit.
This makes room for an earnings trade…
GMB109 – ES/YM:
Have been following the ES/YM commentary and trying to setup the Chart, not having luck in some areas. I understand how to setup the John Carter Indicators.
– I am not having any luck setting up the “Pivots” as
your chart shows.
Is it possible for you to create a list and illustration of all the settings and indicators ?? It would be very helpful for all of us trying to get a grasp of your methods.
Also, would like to know more about the Carter Class you recently took, would like to do the same. If you have some of these items that can be sent I am at: lbower@gmbinvest.com
I and others do appreciate your help in this trading approach.
thanks, Larry – El Paso, Tx
#SpxCampaign Following Brain Trust
$SPX STO 3/3 2180/2205 @ 1.40
$SPX STO 3/10 2165/2190 @ 1.55
AMD
STO July 12 puts @1.35
NXPI
STO April 95 puts @1.00
Out a Few Hours Early
#spxcampaign
Closed Early
$SPX 2/6 2325/2300 BECS @ .20 84% profit
TQQQ
STC 2019, 35 calls
BTC 201935 puts
BTC Feb. 10, 72 calls for a credit of 34.80, my cost was 33.80 and It was too difficult to roll the weekly calls for a profit. There is more volatility in AMZN and GOOGL.
Getting back on the NUGT call train
Sold $NUGT Jun 16 24 calls @ 1.20. Highest strike.
CDK
BTC Feb. 17, 55 puts @.05, sold @1.10
CMG put
Sold $CMG Sep 15 350 put @ 15.00. Strike price is below the November low, and at a price the stock has not been since June, 2013. I’ll buy the stock at a cost basis of 335.00 if it ends up going down that far. But more likely, I’ll look to close the position many months early for more than 50% of the premium.
LH puts
Sold $LH Aug 18 105 puts @ 1.40
NUGT calls
Sold $NUGT Mar 24 17.50 calls @ .65
ES After Lunch
#futures
12:30 Enter long ES trade at 2285, stop at 2283..as wave-a moves to positive bars..risk = 2 points
1:00 Stop moved to 2284, Risk = 1 pt
1:20 ES enters a squeeze, wave above zero, I still hold, bars still blue..
1:30 Exit trade at 2285, for no gain…Wave turns red , scalp arrows turn down
cant win them all…
SPX puts sold
#SPXcampaign Sold an extra put spread, $SPX Feb 13th 2270/2245 for 2.30, with SPX at 2289 and one week to expiration.
/ES @Fibwizard @fuzzballl Did either…
/ES @Fibwizard @fuzzballl
Did either of you go short /ES @ 10:37am central? Indicators were lining up nicely. I don’t have the Launchpad yet so I don’t know what that showed.
#spxcampaign STO SPX MarWk2 2350/2375…
#spxcampaign
STO SPX MarWk2 2350/2375 call spread sold for $1.45 when SPX @2291
PCTY
BTC Feb. 30 puts @0.05, sold @.85
$ABMD #ShortPuts – Bought to…
$ABMD #ShortPuts – Bought to close 1 ABMD Mar 17 2017 70.0 Put @ 0.05. It won’t trade any lower and still has 6 weeks to run.
Originally sold 10/27/16 at 1.70
$GILD #FallingKnife – another decent…
$GILD #FallingKnife – another decent candidate
$UVXY #CoveredCalls #Weeklys – sold…
$UVXY #CoveredCalls #Weeklys – sold this morning
Sold UVXY Feb 10 2017 27.0 Calls @ 0.37
Sold UVXY Feb 10 2017 27.5 Calls @ 0.32
Sold UVXY Feb 10 2017 28.0 Calls @ 0.24
REGN quickie
#ShortStrangles – Trying to sneak one in before earnings next week…
Sold REGN FEB 10 2017 340.0/370.0 Strangle @ 3.25
TLT
#PerpetualRollingStrangles #ShortStrangles – Enjoy this position so much I’m increasing the size a little.
Sold TLT MAR 10 2017 116.0/122.0 Strangles @ 1.31
SPX puts sold
#SPXcampaign Sold to Open $SPX March 10th 2190/2165 put spreads for 1.50, with SPX at 2294.
/YM scalp
I’m betting fibwizard is getting one heck of a nice scalp this morning. In at 19333 and still riding it. I gotta start getting up earlier…LOL
PS….I missed it. Too lazy… 😦 😦
Econ Calendar week of 2/6/17
VIX Indicator and SPX Chart…
VIX Indicator and SPX Chart have been updated
#Expiration #Earnings #Assignment and Some Trades
#earnings
$FB 2/3 132 Straddle Total Loss (Mishandled by me)
$AAPL 2/3 118/121/124/121 Iron Butterfly Small Loss
$AMZN 775/790 BUPS Closed early (was 2/17 expire) @93% profit
$FB 123 put Full profit
$FB 125 put Full profit
#optionsexpiration
$SPX 2135/2160 BUPS
$REGN 380 call (covered)
$NVDA 90 put
$BMY 48 put
$UVXY 40.50 call
$VRX 14.50 call (covered)
$CLF 9 call (covered)
#assignment
$APC called away @ 70 (Basis 68.38)
$NUGT called away @ 11 (Basis 9.95)
Trades
Closed Early
$NFLX STC 2/17 115 call @ 24.26 (BTO 11/10 @ 13.75)
$SVXY STO 2/24 95 put @ 1.30
$CSCO BTO 3/17 31 call @ .98 (OMM)
$MS STO 2/17 45 calls @ .63
$AMZN STO 3/17 750 put @ 4.60
Thanks to everyone who trades responsibly at Jeff’s Bistro.
Have a great weekend and a profitable next week.
#OptionsExpiration for 2/3 Only 2…
#OptionsExpiration for 2/3
Only 2 expirations:
$CYBR 02/03/2016 53.50 puts
$TWLO 02/03/2016 30.00 puts
No assignments.
Option Expiration Feb 3 SPX…
Option Expiration Feb 3 SPX IC 2225/2220 2310/2315
OPTION EXPIRATION, 2/3/17
JNUG 2/3/17 7.5 PUTS
UVXY 2/3/17 28.5 CALLS
UVXY 2/3/17 29.5 CALLS
UVXY 2/3/17 30.0 CALLS
BMY 2/3/17 48.0 PUTS
Have a great weekend everyone. ;>)
OptionsExpiration
Very good expiration. Lots of contracts expiring.
$SVXY $75 puts
$SVXY $124 calls
$UVXY $30 calls
$UVXY $31 calls
$UVXY $32 calls
$UVXY $35 calls
$UVXY $39 calls
$UVXY $40 calls
$UVXY $42 calls
$VXX $28.5 calls
#OptionsExpiration #Weeklys #Feb3 – Another…
#OptionsExpiration #Weeklys #Feb3 – Another stressful expiration as I needed to cover or roll positions in $SVXY and $DUST. But also, a number of profitable trades, including taking a nice gain in $NUGT after holding the stock for several months
— Expirations —
CF (Weekly) Feb 3 2017 36 Calls (Covered)
CVS (Weekly) Feb 3 2017 79 Calls (Covered)
MYL (Weekly) Feb 3 2017 37.5 Puts
NUGT (Weekly) Feb 3 2017 8 Puts
SVXY (Weekly) Feb 3 2017 55 Puts
SVXY (Weekly) Feb 3 2017 70 Puts
SVXY (Weekly) Feb 3 2017 80 Puts
SVXY (Weekly) Feb 3 2017 83 Puts
SVXY (Weekly) Feb 3 2017 95 Puts
SVXY (Weekly) Feb 3 2017 101 Puts
SVXY (Weekly) Feb 3 2017 122 Calls
UVXY (Weekly) Feb 3 2017 28 Calls (Covered)
UVXY (Weekly) Feb 3 2017 30 Calls (Covered)
UVXY (Weekly) Feb 3 2017 32.5 Calls (Covered)
UVXY (Weekly) Feb 3 2017 40.5 Calls (Covered)
UVXY 20/(Weekly) Feb 3 2017 15.5 Calls (Covered)
— Assignments —
NUGT (Weekly) Feb 3 2017 11.5 Calls (Covered)
$CVS #CoveredCalls – Sold CVS…
$CVS #CoveredCalls – Sold CVS (Weekly) Feb 10 2017 79.0 Calls @ 0.35, replacing calls expiring today.
Options Expiration 2/3/17
#OptionsExpiration #Earnings #SPXcampaign #IronButterfly #CoveredCalls #Assignment #ShortPuts #ShortCalls #VXXGame #StockTrades #ShortStrangles
–Expiring w/max profit–
FB 123, 126, 129 puts
FB 138 covered calls
REGN 340/400 strangle
UVXY 32 and 40 calls
SPX 2260/2235 put spreads. Sold for 3.35 on Jan 24th
SPX 2245/2220 put spreads. Sold for 1.35 on Monday
— Assignment ?? —
AMZN 840 put… was going to let the 810 long put cancel it out, but looks like I may get stock instead
— Expired w/Max loss —
AAPL 118/121/124 iron butterfly
SPX puts sold
#SPXcampaign Sold to open $SPX 2205/2180 put spreads for 1.30, with SPX at 2297. Not usually selling put spreads on up days, but this fulfills my basic campaign strategy of 2 call spreads and 2 put spreads per week. Next week I’ll be selling the March 10th expiry.
$SVXY #ShortCalls – Bought to…
$SVXY #ShortCalls – Bought to close 1 SVXY Feb 3 120 Call @ 2 to avoid assignment. Originally sold @ 2.75.
This friggin’ stock rallies late in the day almost every Friday. Feels a bit like manipulation to me.
SPX roll
#SPXcampaign #Rolling a roll
Bought to close $SPX Feb 6th 2290 calls for 8.70. Sold as 2290/2315 call spreads for 4.10 on Wednesday. (saving the 2315 long calls for Monday in case we get a strong pop)
Sold to Open $SPX Feb 15th 2295/2320 call spreads for 9.00. Will roll this again off it is ATM or ITM next week (one week before expiration.
QCOM
STO July 45 puts @1.28
Busted earnings trades
#Earnings Well, this quarter has been quite dismal for #IronButterflies and #IronCondors. I’m taking losses on FOUR this week. Naked options or one-sided credit spreads, meanwhile, have all been winners. Even though these losses are small (by design), I’ll have to rethink this strategy; although one win can make up for several losses, it doesn’t matter much if no wins are to be had!
BTC ANTM Feb 3rd 155 calls for 4.20. Sold as part of IB for 3.75
BTC MRK Feb 3rd 62 calls for 1.97. Sold as part of IB for 1.19.
Also looking at max losses on AAPL (.66) and AMZN (3.90).
$NUGT #CoveredCalls #IRA – Repeating…
$NUGT #CoveredCalls #IRA – Repeating last weeks move while pushing up the strike price.
Normally I would let this week’s worthless option roll off and attempt to sell next week’s on Monday.
I’m spending a little to buy back worthless calls but who knows what Monday will bring.
Bought to close NUGT Feb 3 2017 12.0 Calls @ 0.02 (Sold @ 0.14)
Sold NUGT Feb 10 2017 12.5 Calls @ 0.32
New SPX Trade
sold 2 Mar 17 2090/2190 bups @ 4.50
SPX Closed Trade
Jan 25 Sold 2 Feb 03 2230 Short puts @ 4.40
Feb 03 Bought back 2 Feb 03 2230 short puts @ 1.25
gain @ 71%
Following the Crowd
$SPX STO 3/3 2375/2350 BUCS @ 1.40
$DUST #ShortPuts #Rollout – Taking…
$DUST #ShortPuts #Rollout – Taking a small Gain and rolling down some expiring positions
Bought to close DUST Feb 3 2017 30.0 Puts / Sold DUST Feb 17 2017 27.0 Puts @ 0.10 Credit
Bought to close DUST Feb 3 2017 30.0 Puts / Sold DUST Feb 24 2017 26.5 Puts @ 0.40 Credit
#SPXcampaign BTC SPX 24 FEB…
#SPXcampaign BTC SPX 24 FEB 17 2170/2070 PUT @1.25 sold it on 17 JAN 2017 for 5.95, gained 80%
REGN earnings
The date finally matches the IV. Moved back to Feb 16 now…
TLT
#PerpetualRollingStrangles – Replacing this week’s expiration.
Sold TLT FEB 10 2017 119.5 Calls @ .69
SPX puts closed
#SPXcampaign Bought to close $SPX Feb 16th 2150/2125 put spreads for .20. Sold for 1.50 on Jan 17th.
#spxcampaign Closed my Feb 17th…
#spxcampaign Closed my Feb 17th 2120/2140 BuPS for 0.20.
SPX calls sold, puts closed
#SPXcampaign At the open, bought to close $SPX Feb 10th 2180/2155 put spreads for .20. Sold for 1.45 on Jan 13th.
One hour, 49 min after the open, Sold to Open $SPX March 3rd 2350/2375 call spreads for 1.50, when SPX was at 2296.
#spxcampaign Another one: SPX EOM…
#spxcampaign
Another one: SPX EOM Feb17 2350/2375 Call sold for $1.10 when SPX @2296
#spxcampaign STO SPX MarWk2 2360/2385…
#spxcampaign
STO SPX MarWk2 2360/2385 sold for $1.70 when SPX @2296
#SPX campaign
Sold Feb 24th 2340/2360 BeCS about the open @ 0.95. I had set this order up yesterday as a conditional if SPX went above 2286. I was going to be away but wanted to the BuPS into an IC. I didn’t realize I made it a GTC order. Probably not a good opening method.
Falling Knife?
#fallingknife
$AMZN STO 3/17 740/750 BUPS @ 1.20 (Dr Science @ OMM idea)
TDA counter offer to tastyworks
Seems reasonable…
Hi Mr. Wyant,
I had forwarded your negotiated commissions request to the review team, and they have responded.
You currently have this commission schedule:
$7.95 Stock flat rate
$1.25 Option rate per contract, no base
$15.00 Exercise
What you requested would result in this:
$5.95 Stock flat rate
$1.00 Option Rate, no base, per trade, not per contract
$15.00 Exercise
I’m pretty much assuming that you prefer the second rate, but please respond back to me to confirm which rate you’d like to have.
I hope this is helpful, because we truly appreciate your business. If there’s anything else we can help you with, please reply to this message.
Thank you,
Nancy Lee
TD Ameritrade Client Services
TD Ameritrade, Inc.
Open ES Trade
Feb 03 8:45 Enter Long at 2283, as wave momentum moves to the upside..
Feb 03 9:03 Exit trade at Pivot Point, at 2288…as price consolidates and wave/squeeze bars reverse to downside..
gain of 5 points
SVXY
Sold SVXY MAR 10 2017 100.0 Put @ 2.55
Sold SVXY MAR 24 2017 90.0 Put @ 2.50
ES Pre-Market Trade
Feb 03 7:12 Long ES at the 2279 just before the squeeze fires to the upside…squeeze momentum carries the trade
Feb 03 7:51 Exit my trade at the 2286 for a 7 point gain..wave momentum declines, squeeze over
gain = 7 points
AMZN roll
#LongCallDiagonals – Still easing it up a little at a time…
Rolled this week’s 777.5 call to Feb 17 782.5 @ .34 debit
Taking advantage of the pullback and paying a small debit to pick up 5 points in the strike price.
This thing has to level off at some point where the rolls can catch up. In the meantime 2019 long call/Bups working nicely.
AMZN
#bullputspreads
March 17 750/740 for 1.27, inspired by Ramie
AMZN Doings
#earnings
Closed Early (No piggy here. )
$AMZN BTC 2/3 775/790 BUPS @ .20 Sold 1/31 @ 2.70 93% profit
#shortputs
$AMZN STO 3/17 750 puts @ 4.60 Thanks @ramie77
CMG again
#ShortStrangles – Sold CMG MAR 17 2017 370.0/450.0 Strangle @ 5.85
CMG earnings
#Earnings – Bought to Close CMG FEB 3 2017 400.0/450.0 Strangle @ .50 (sold for 4.40)
PSX #FallingKnife Sold $PSX Aug…
PSX #FallingKnife
Sold $PSX Aug 18 65 puts @ 1.35
AMZN earnings
#Earnings – Bought to Close 810/840/840/870 iron fly @ 26.22 (sold @ 26.25)
Happy to be out even…
AMZN put
Sold $AMZN Mar 17 750 put @ 5.70
$DECK – today’s #FallingKnife -…
$DECK – today’s #FallingKnife – 3 Year low at 40.74
January Jobs report
+227,000 in January
Unemployment rate 4.8%, up .1%
UE6 unemployment 9.4%, up .2%
Labor Force participation 62.9%, up .2%
Wages up 0.1%, slowing from +0.2%
$UAA #ShortPuts #FallingKnife – Sold…
$UAA #ShortPuts #FallingKnife – Sold UAA Jul 21 2017 17.5 Puts @ 0.90 with the stock at 20.81
$NUGT #ShortStrangles – Sold NUGT…
$NUGT #ShortStrangles – Sold NUGT Mar 17 2017 6.0 Puts/16.0 Calls @ 0.80 with the stock at 11.76
$DUST #ShortPuts – made these…
$DUST #ShortPuts – made these trades yesterday
Sold DUST Mar 3 2017 20.0 Puts @ 0.65
Sold 1 DUST Mar 10 2017 26.5 Put @ 3.00
Sold 1 DUST Apr 21 2017 20.0 Put @ 2.20
AMZN down initially
Looks pretty good for neutral plays as it should come back by morning or midday.
CMG also looks good for neutral plays.
