On the post-earnings move down, sold $WHR Dec 16 140 puts @ 1.30
Recent Updates Page 473
#earnings Orders Placed Tonight $AMZN…
#earnings
Orders Placed Tonight
$AMZN Iron Condor 10/28 787.5/797.5/887.5/877.5 @ 5.20
$GOOG 11/18 720/740 BUPS @1.50
$AAPL BTO 11/4 118 call @ 2.54
$AKAM STO 10/28 51 put @ .63
#Elections#SPX Since 1950 we’ve had…
#Elections#SPX
Since 1950 we’ve had 16 U.S. presidential elections and for those 16 election years the SPX has been up 12 of 16 times and averaged +0.22% from September 1st through election day. If you remove the two bear-market years (2000 & 2008) the September 1st through Election Day performance would increase to +2.19%. Additionally, for the past 5 bull market elections (’88, ‘92, ’96, ’04, ’12) the return has been +4.02%.
VIX Indicator updated, no SPX…
VIX Indicator and SPX chart are updated
VIX has crept down five days straight, but without any huge single-day drops. Downside warning not yet canceled… would need a close below 12.50.
Looks like Visa trade might work if it can remain quiet.
PG #earnings followed Tony V…
PG
#earnings followed Tony V at TT on an 84/82.50 BePS for .46 debit, seems like old times.
$UA #Earnings Putting one on…
$UA #Earnings
Putting one on for tomorrow’s pre-market report.
Sold $UA Oct 28 35 puts @ .45.
SPX Trade on Small Account.
STO Nov 4 SPX 2190/2195 BeCS for $0.35
According to a friend selling one of this each week will get a 2.5% Return per week. I placed this on an account with less than $10k. Max loss is $465.
Any thoughts.
I added a BuPS on the SPX for the same expiry. 2085/2080 for $0.30 to complete the IC. No more Margin and more return.
AAPL BTO Feb 120 call@4.84…
AAPL BTO Feb 120 call@4.84 Plan to hedge once Apple gets above 120 or sell on earnings pop
UVXY
BTC UVXY Oct28’16 20 CALL @ 0.05, sold for 0.85 on 10/07/16
DUST calls for this week
Sold $DUST Oct 28 50 calls @ .35.
Gettin DUSTed
BTO DUST shares @ 41.66, STO DUST 28oct16 42 call @ 2.20, STO DUST 28oct16 42 put @ 2.50. Never traded this before. Call me crazy. Don’t follow unless Iceman gives me his blessing. Any thoughts or better ways I could have gotten involved welcome. Guess I should have asked that before jumping!
Selling puts on $COL
Sold $COL Dec 16 75 puts @ 1.20, on the big move down following the $BEAV acquisition announcement. Strike is below the stock’s 2 year low. I’ll go long at 73.80 if it dips further by December.
Thoughts on this tweet?
$SVXY #CoveredCalls #OptionLadder – sold…
$SVXY #CoveredCalls #OptionLadder – sold these when the stock got to 80.50
Sold SVXY NOV 4 2016 81.5 Calls @ 1.95
Sold SVXY NOV 11 2016 85 Calls @ 2.05
Sold SVXY NOV 18 2016 90 Calls @ 1.05
AVGO stock sold
#Earnings I was assigned some shares from an earnings trade in early September. With all options premium factored in, my cost basis is 174.76.
Sold half my stock today for 176.33. Holding the other half with a short 177.5 call expiring this Friday.
NFLX trades
#Earnings #Rolling We hit 129 so I’m rolling my short calls that expire Friday. I covered them as NFLX fell back down. And I sold more puts:
BTC NFLX Oct 28th 129 calls, 2.35 avg price. Sold last week for .79 avg price.
#ReverseRoll to:
STO NFLX Oct 28th 123 put for 1.00
STO NFLX Dec 16th 110 put for 1.50
STO NFLX March 17th 95 put for 2.55
(Jan 20th 105.71 put sold earlier for 2.82)
AMZN #Covered Calls Sold $AMZN…
AMZN #Covered Calls
Sold $AMZN Jan 20 2017 950 call @ 8.30
DUST calls
#ContangoETFs Sold to Open DUST Nov 18th 55 call for 1.70. Orders in for a couple others.
V earnings
#Earnings Visa seems a better candidate than AAPL for the neutral play. It has not moved much recently, but did have some bigger moves a couple years ago. I’ll play for another small move.
STO $V Oct 28th 81/83/85 iron butterfly for 1.55. Max loss .45.
Here are the 5-DAY moves over last three years:
Thu 07/21/2016 AC -0.10%
Thu 04/21/2016 AC -4.60%
Thu 01/28/2016 BO -3.63%
Mon 11/02/2015 BO 0.94%
Thu 07/23/2015 AC 4.50%
Thu 04/30/2015 AC 3.93%
Thu 01/29/2015 AC 7.25%
Wed 10/29/2014 AC 16.33%
Thu 07/24/2014 AC -5.40%
Thu 04/24/2014 AC -0.33%
Thu 01/30/2014 BO 2.39%
Wed 10/30/2013 AC -2.72%
$DUST Dec calls
Sold $DUST Dec 16 70 calls @ 2.00. Highest strike.
$SVXY
Sold to open Nov 18th 85 Call against my long stock. I will take assignment here. Waiting on a pull back to sell to open a Nov 18th 60 Put.
$NUGT #CoveredCalls #Weeklys – Sold…
$NUGT #CoveredCalls #Weeklys – Sold NUGT OCT 28 2016 16.0 Calls @ 0.40
$DUST #ShortPuts #Weeklys #OptionLadder -…
$DUST #ShortPuts #Weeklys #OptionLadder – this worked last week and it should work this week too.
Sold DUST (Weekly) Oct 28 2016 33 Puts @ 0.60
Sold DUST (Weekly) Oct 28 2016 32.5 Puts @ 0.45
Sold DUST (Weekly) Oct 28 2016 32 Puts @ 0.40
IWM Followed from TT Sold…
IWM
Followed from TT Sold Dec. 16 123 straddle for 6.12.
AAPL earnings
#Earnings Was considering a tight condor, but APPL’s average 5-day move has been 6% over the last three years. Not sure if I want to play it, as farther OTM strikes not too rich in premium. Other thoughts?
Tue 07/26/2016 AC 7.79%
Tue 04/26/2016 AC -10.16%
Tue 01/26/2016 AC -2.65%
Tue 10/27/2015 AC 4.32%
Tue 07/21/2015 AC -4.78%
Mon 04/27/2015 AC -2.78%
Tue 01/27/2015 AC 7.34%
Mon 10/20/2014 AC 5.47%
Tue 07/22/2014 AC 3.11%
Wed 04/23/2014 AC 13.21%
Mon 01/27/2014 AC -9.06%
Mon 10/28/2013 AC -1.86%
$DUST
STO Nov 4 $50 calls @ $0.75
SPX put spreads closed
#SPXcampaign Bought To Close $SPX Nov 4 1975/2000 put spreads @ .15, sold on Oct 4 @ 1.40
AAPL has earnings Tuesday amc….
AAPL has earnings Tuesday amc. Any thoughts on trades?
NFLX put sold
#Earnings Sold to Open $NFLX Jan 20th 2017 105.71 put for 2.82.
Have orders in for several other puts but this is the only one that filled before the bounce.
SPX IC closed
$SPX Nov 9 2250/2240/2010/2000 closed for 0.45.
Originally sold for 1.20 on 10/10. 62.5% max profit.
While this market remains in this trading range, this approach to profits is working well.
SPX puts closed
#SPXcampaign In pre-market, bought to close $SPX Nov 4th 2010/1985 put spreads for .20. Sold for 1.45 on Oct 4th.
Econ calendar for week of 10/24/16
$UVXY
Looks like new all time lows again today for $UVXY
Hello! I am looking for…
Hello! I am looking for some advice on UVXY. I own 400 shares of UVXY – got assigned several months ago. I have been writing calls against this to reduce my loss on this. Given that volatility continues to be low, does it make sense to hold these and keep writing calls or should I dispose it, collect whatever I can and move on. I know some of you trade this instrument and would love to hear your thoughts.
VIX Indicator and SPX Chart have been updated
I hope you all are having a fantabulous weekend!
October 21
$ETP Assigned the 37 put even though stock closed at 37.01. Penny rule anyone?
October 21
A lot of my positions are now off the board. Being cautious. I am old.
Thanks for this terrific support resource.
Expirations Full Profit
$ADP 90 call (Covered)
$FIT 16 call (covered)
$UVXY 19 call
$ETE 15 put
$FANG 95 put
$NFLX 85 put
$NUGT 12 put
$DUST 35 put
$FB 120/125 BUPS
$GOOGL 780/790 BUPS
$WYNN 90/95 BUPS
$NFLX 85/90 BUPS
$NFLX 113/118 BUPS
Closed Early
$LULU 60/65 BUPS @ 39% of the maximum loss
$SPX 11/4 2240/2215 BECS @ 91% profit
Total Loss
$NFLX 123/118 BECS (part of iron condor with 113/118 BUPS)
$TWLO 55/60 BUPS
Assignments
$OPHT @ 45 Basis 42
$GIMO @ 52.5 Basis 49.90
$ETP Assigned the 37 put even though stock closed at 37.01. Penny rule anyone?
#OptionsExpiration for 10/21 Expirations: $AMZN…
#OptionsExpiration for 10/21
Expirations:
$AMZN 10/21/2016 860.00 calls (covered)
$APA 10/21/2016 62.50 calls (covered)
$CYBR 10/21/2016 55.00 calls (covered)
$DUST 10/21/2016 60.00 calls
$DUST 10/21/2016 32.0 puts
$DUST 10/21/2016 34.50 puts
$DUST 10/21/2016 35.50 puts
$FIT 10/21/2016 15.00 calls (covered)
$MBLY 10/21/2016 44.00 calls (covered)
$SVXY 10/21/2016 60.00 puts
$SWN 10/21/2016 14.00 calls (covered)
$TWTR 10/21/2016 19.00 calls (covered)
$UVXY 10/21/2016 27.00 calls
$UVXY 10/21/2016 55.00 calls
$WFM 10/21/2016 27.00 calls
$WHR 10/21/2016 150.00 puts
$X 10/21/2016 20.00 calls (covered)
Assignments:
$DVN 10/21/2016 40.00 calls–long stock getting called away
$WYNN 10/21/2016 100 puts–short stock getting called away
Have a great weekend everyone.
$SVXY #ShortCalls #AfterTheClose – Sold…
$SVXY #ShortCalls #AfterTheClose – Sold SVXY Oct 28 2016 80.0 Calls @ 0.85 adding to my position
#OptionExpiration
Expiration
$SVXY 80 Call
$SVXY 50 Put
Have a great weekend
Options Expiration 10/21/16
— Expiring —
AVGO 175 covered call
DUST 60 call
FB 126 covered put
ISRG 650/600 put spreads
NFLX 85 puts
NFLX 120 puts
NUGT 25 call
RGLD 82.5 and 85 covered calls
— Expiring with full loss —
TLT 140 long calls
UVXY, NUGT
BTC UVXY Nov04’16 25 CALL @ 0.10, sold for 1.55 on 9/27/16.
Rolled NUGT 21oct16 18 puts to NUGT 28oct16 16 puts (doubled position) for 0.30 credit
Expirations and assignments
I have no expirations. I will be assigned on:
T @38
LULU @65
Options Expiration
#VXXGame
#ContangoETFs
I have to leave for a meeting so need to post these a few minutes early.
$KRA $30 Puts
$SVXY $40 Puts
$SVXY $55 Puts
$SVXY $57 Puts
$SVXY $60 Puts
$UVXY $22 Calls
$UVXY $24 Calls
$UVXY $26 Calls
$UVXY $30 Calls
$UVXY $35 Calls
$UVXY $50 Calls
$VXX $46 Calls
A bunch of open contracts rolling off today.
Have a great weekend everyone.
TRADES
STO $FB 11/11 124/129 BUPS @ 1.50
STO $FANG 11/18 95 puts @ 1.60 (replace today’s expiring)
STO $SVXY 1/19/2018 150 call @ 4.50 (Thanks Iceman)
STO $SVXY 1/19/2018 145 call @ 5.40 (Thanks Iceman)
$WFM #ShortPuts – Bought to…
$WFM #ShortPuts – Bought to close WFM Oct 21 2016 28.0 Puts @ 0.01 to avoid possible assignment
LULU rollout
Rolled deep in the money $LULU Oct 21 70 puts out to Dec 16 70 puts for .30 credit. I will sell calls against these (and long stock I’ve been previously assigned) on any significant moves up.
$SVXY #ShortCalls #Leaps – so…
$SVXY #ShortCalls #Leaps – so … the market is never going down again and Volatility will stay low forever, right??
Sold 1 SVXY Jan 19 2018 145.0 Call @ 5.20
Sold 1 SVXY Jan 19 2018 150.0 Call @ 4.50
Sold 1 SVXY Jan 19 2018 155.0 Call @ 4.20 – Highest available strike price
About 50 % return on margin with the stock at it’s current price of 78.
DUST….book ’em!
Plenty of time to sell these again so not even messing with it. I’ll look to get back in if this bounce follows through.
Bought to Close DUST DEC 16 2016 60.0/70.0 Bear call spreads @ .97 (sold for 2.05)
$SVXY #ShortCalls #Weeklys – Sold…
$SVXY #ShortCalls #Weeklys – Sold SVXY Nov 4 2016 81.5 Calls @ 1.10 adding to my position
$DUST #ShortCalls #Rollup – doing…
$DUST #ShortCalls #Rollup – doing a second or third rollup on this stock
Bought to close DUST Oct 21 2016 34.0 Calls @ 4.63 – originally sold at 6.10
Sold DUST Nov 11 2016 37.0 Calls @ 5.40
$SVXY #ShortCalls #Weeklys – Sold…
$SVXY #ShortCalls #Weeklys – Sold SVXY Oct 28 2016 80.0 Calls @ 0.75 adding to my small position
MDLZ
BTC October 21, 40 puts @0.08 cents to prevent possible assignment. These were sold @0.86 cents.
$SVXY
sold last of my holdings at $77.85, set just below upper BB.
NFLX calls sold
#Earnings #Rolling Sold all of the following as my rolls. Will look to sell puts on any weakness:
Oct 28th 130 call for 1.10
Oct 28th 129 call for 1.35
Dec 16th 130 calls for 5.05
Jan 20th 130 call for 8.30
Mar 17th 150 calls for 4.50
June 16th 175 call for 3.00
I have no ITM positions and I will look to keep it that way.
NFLX rolling
#Earnings Although it would ave been best to close the Oct 21st 115 calls under $4 on Tues or Wed, at least I closed most of them this morning under $8. Closed all but one then was away from the computer when it shot to the moon. Closed the last one for 10.50. Avg price on closing all: 8.35.
Now working on the rolls.
$SVXY
I am wondering what could go wrong with this idea:
sell a BeCS Nov 18 80/95 for $3.75. My thesis is the market is going to react strongly up and down after the election. This is like a gigantic earnings trade. I expect to buy back at considerably less. I would enter now with a small starter position expecting the premium to run-up until a day or two before election. Am I going to be playing red/black, or does it sound like a winner?
MSFT #earnings BTC Nov 18…
MSFT #earnings
BTC Nov 18 55/50 put spread @ 0.14. Sold yesterday @ .81. 83% profit in one day.
SVXY
BTC October 28. 55 puts @0.05
TLT roll
Rolled 133 calls to next week’s 133’s @ .53 credit. These are sold against longer term short puts.
WYNN calls
Replacing this week’s expiration with same strike next week. Selling against short puts.
Sold WYNN OCT 28 2016 97.0 Calls @ 1.79
$TWLO STO 10/28 40 put @ 1.20
Orders in for
$T STO 10/28 38.50 put @ .60 Order filled
$FB STO 10/28 129 put @ 1.05
Rolled Gold
Rolled 120 calls to next week 120 a .45 credit. Selling against longer term puts.
$NUGT follow-up on buy write…
$NUGT follow-up on buy write when calculated >3% ROI on weekly position of nearest OTM call. I have observed it is unlikely to work out as planned – call expires and stock has declined more than premium gained.
Wed I sold $NUGT Oct 21 $15 Call and bought stock net $14.25, gain$ 0.75 for ROI 5.25%. Thurs stock rolled over, I had stop at 14.48 just below pivot point, sold. Thurs I watched as price bounced around approaching 15 but not crossing. The 20 sma was declining below 15 yesterday and today the option price dropped from .48 (sold) to .20 start of today, and dropping until I closed for $0.05. No worries if prices move erratically this afternoon.
I think in the future I will calculate ROI and if >5% I will sell BeCS to minimize capital involved and maximize premium by allowing closer to ITM call sales.
$MYL #ShortPuts #FallingKnife – Bought…
$MYL #ShortPuts #FallingKnife – Bought to close MYL Oct 21 2016 37.5 Puts @ 0.12 to avoid possible assignment. Originally sold @ 0.40.
REGN calls
Replacing a 370 expiring today. Selling against next week’s 377.5 put.
Sold REGN OCT 28 2016 372.5 Call @ 4.00
SVXY #CoveredCalls #Rollup #OptionLadder -…
$SVXY #CoveredCalls #Rollup #OptionLadder – I split my position for today at 75 into two new positions so I can cover both weeks where I have no exposure.
Bought to close SVXY Oct 21 2016 75.0 Calls @ 1.57
Sold SVXY Nov 25 2016 80.0 Calls @ 2.77 for a 1.20 credit
and
Bought to close SVXY Oct 21 2016 75.0 Calls @ 1.42
Sold SVXY Dec 2 2016 80.5 Calls @ 4.41 for a 2.99 credit
Today’s strike 75 calls were originally sold at 4.44 on another rollup
Market
I’m really surprised at how low the $VIX and $VXX instruments are given how weak the market has been acting and how bad the charts of the indexes look. Still a pretty healthy contango in the $VIX futures curve driving $UVXY lower and $SVXY grinding higher. $SPX is below yesterday’s low, yet $UVXY is well below yesterday’s high.
$NUGT #ShortPuts – Bought to…
$NUGT #ShortPuts – Bought to close NUGT Oct 21 2016 13.5 Puts @ 0.05 to avoid possible assignment if NUGT takes an afternoon swan dive. They can’t trade any lower and all my other short puts at 10/10.5/11/12/12.5 are likely to expire
NFLX put
#Earnings STO NFLX Oct 28th 120 put for 1.20. Working on rolling 115 calls today. Considering Dec 120/125 strangle for starters
NFLX puts
Replacing expiring position with next week. Selling against longer term short calls…
Sold NFLX OCT 28 2016 122.0 Puts @ 2.00
DUST
STO 60/70 December 16, bear call spread @0.90 cents
GS earnings trade closed
#Earnings I closed the call spread for 2.30, but it is currently closable for breakeven. Get out now unless you think we could drop closer to 170 by the close.
Closed Early
$SPX 10/28 1975/2000 BUPS @ 90% profit
$SPX 10/28 2225/2000 BECS @ 94% profit
Assigned early on OPHT 10/21 45 put Shares at 42.10 basis
Trades
Sold
$SPX 11/18 2250/2225 BECS @ 1.10
$SPX 11/4 2210/2185 BECS @ 2.05
$SPX 11/18 1935/1960 BUPS @ 1.50
$NFLX 11/18 135/130 BECS @ .90
BTO $BAC 1/20/2017 16 call @ 1.12
STO $DUST 10/21 puts @ .45
STO $NFLX IC 113/118/123/118 @2.65
Thanks to all for input
