$NUGT #ShortCalls – Sold 1 NUGT Mar 18 2016 45.0 Call @ 2.10
Recent Updates Page 531
BWLD #following Jeff #earnings #ironcondor…
BWLD #following Jeff #earnings #ironcondor It’s taken all day and a couple of tries STO Feb 19 110/100/170/180 for 1.18
$DUST #ShortPuts #Speculation – Sold…
$DUST #ShortPuts #Speculation – Sold DUST(Weekly) Feb 05 2016 10.0 Puts @ 0.25. This is simply a bet that DUST closes above 9.75 on Friday. Tread carefully.
$UVXY #ShortPuts #ScalpTrade – since…
$UVXY #ShortPuts #ScalpTrade – since I am short many calls and no longer long any stock …
Sold UVXY Feb 05 2016 36.0 Puts @ 0.23
Sold UVXY Feb 05 2016 35.5 Puts @ 0.16
Sold UVXY Feb 05 2016 35.0 Puts @ 0.11
The strike price is below any price hit since mid- January. These expire Friday.
Wow. Haven’t been trading much…
Wow. Haven’t been trading much after some terrible whipsaw action. Just curious- how many people here think this kind of insane action is a precursor to another 2008/09 style crash? I think it’s a real possibility.
$TSLA #ShortPuts #FallingKnife – Sold…
$TSLA #ShortPuts #FallingKnife – Sold 1 TSLA MAR 18 2016 115.0 Put @ 1.20
one of those days…
..where you get stopped at the bottom when SPX is down 1.5%, then it rips back up to end positive before I could throw on any rolls. Oh well. I’m sure more chances are coming. As for the call side, just Sold to Open $SPX Feb 12th 1990/2015 call spreads for 1.25. #SPXcampaign
TRADES:
$DUST STO 3-14-16 8.0 PUTS @.45 Followed Mr. T ;>)
$KMI STO 3-19-16 CALLS @.60 Not a great trade, I meant to sell the 16.50’s; I’ll live with it.
#Market
Someone must have turned on a buy program at 2pm eastern. S&P just went positive on the day.
Volatility!
Not my favorite kind though…Lol see ya’ll on the other side.
$DUST #ShortPuts – Sold DUST(Weekly)…
$DUST #ShortPuts – Adding on to my #OptionLadder
Sold DUST(Weekly) Feb 26 2016 8.0 Puts @ 0.35
Sold DUST(Weekly) Mar 04 2016 8.0 Puts @ 0.45
#Dollar
Just getting killed today. Outside of 3rd standard deviation. Definitely people having to quickly unwind long dollar trades. Looks like it isn’t about to stop until everyone goes to bed. Took another leg down just after lunch. I’m guessing margin clerks started making phone calls.
/VX and another travel day…
Trying this on my phone…just messing around. Covered my vix future overnight at 23 for a scratch. Then re sold at 23.75 and covered at 23.70 to cover all commissions plus lunch. Just sold again at 24 before we launch.
Good luck everyone!
$TSLA #ShortPuts #FallingKnife – Sold…
$TSLA #ShortPuts #FallingKnife – Sold 1 TSLA JUN 17 2016 85.0 Put @ 1.20. It been a long time since I took a new position in this name.
TSLA hit a two year low today
a few trades…
$DUST #ShortPuts – it’s now…
$DUST #ShortPuts – it’s now cheaper to play DUST puts than NUGT Calls –
Sold DUST(Weekly) Feb 12 2016 9.5 Put @ 0.30
Sold DUST Feb 19 2016 9.0 Puts @ 0.35
$CMG #ShortPuts – sold these…
$CMG #ShortPuts – sold these near the open today
Sold 1 CMG Feb 05 2016 422.5 Put @ 1.50
Sold 1 CMG Feb 05 2016 425.0 Put @ 1.80
Sold 1 CMG Feb 05 2016 427.5 Put @ 2.10
STO 3/18 SPX 2020/2035 BeCS…
STO 3/18 SPX 2020/2035 BeCS $1.60 crd. and 1735/1720 BuPS at $1.85 crd. 44 DTE. small 1 lot trade…
POS = 76.3% R/R = 3.23 Max Loss $1,145 Max win = $355
I don’t plan to get either Max Loss or Max Win.
If I cut my loss at 1/2 of Max then the POS = 570 / 1500 = 38% which comes to show that the Probability of Success is based on holding the position to the end and any exit to avoid the large loss reduces the POS.
However, using the 50% loss and taking only 60% of Max profit improves the R/R = 2.7
CMI earnings
#Earnings Sold to Open $CMI Feb 5th 81.5/98 strangles for 1.05. These are the largest 1-day moves after last 12 reports: Biggest UP move: 6.8% , Biggest DOWN move: -8.7% , Average move: 4.2% . These strikes are 8.9% (puts) and 9.5% (calls) OTM.
BWLD earnings
#Earnings Sold to Open $BWLD Feb 19th 110/170 strangles for 2.40. These are the 21-day moves over the last 12 reports: Biggest UP move: 19.4% , Biggest DOWN move: -15.9% , Average move: 10.2% . These strikes are both about 21% OTM. IV should also drop by 50% tomorrow.
$BWLD down $9.00 right now,…
$BWLD down $9.00 right now, 6%, earnings today
$UVXY $NUGT
Added additional $UVXY Mar 11 $80 call @ $3.50
Followed Ramie STO Feb 26 $NUGT $37 calls @ $1.30
NUGT calls
Sold calls on the move up in gold.
Sold $NUGT Feb 26 37 call @ 1.32 (highest strike)
Sold $NUGT Mar 18 48 calls @ 1.00
$UVXY
Once market started to bounce, made 1 more trade.
STO Feb 5 $55 calls @ $0.55
SPX puts stopped
#SPXcampaign Bought to close $SPX Feb 12th 1800/1775 put spreads for 2.90. Sold for 1.25 on Tuesday.
$UVXY $VXX
Nibbled a little bit.
STO $UVXY Feb 12 $60 calls @ $1.00
STO $UVXY Mar 4 $95 call @ $2.00
STO $UVXY Mar 11 $80 call @ $3.00
STO $UVXY Mar 18 $110 calls @ $2.50
STO $VXX Mar 4 $33 calls @ $1.00
SPX calls closed
#SPXcampaign Bought to Close $SPX Feb 18th 2025/2050 call spreads for .20. Originally sold for 1.40.
$SPY #butterfly followed Mike at…
$SPY #butterfly followed Mike at tasty trade if you’re interested in the explanation, sold 2 March 18 182 puts, bought a 170 and 197 for a credit of .51.
$UUP $DXY $NUGT
Wow, dollar getting killed. $NUGT on the move.
SPX puts stopped
#SPXcampaign Bought to close $SPX Feb 5th 1860/1835 put spreads for 2.45. My guess is this would have made it, but it went over my 3.00 stop yesterday and I let it go because we were extended for the day and I felt we would get a bounce around 1900 level. We did, but today’s action is not promising. This was sold as part of a same-week iron condor on Monday for 2.65… so for the full trade I’m getting out with a small profit. Thanks Addy, for the idea on Monday.
Testing 1245
Testing 1245
SPX call spread
#SPXcampaign Sold to Open $SPX March 4th 2025/2050 call spreads for 1.55.
Good morning…
My sense remains that we are going lower. I’m trying to sell call spreads that I should have sold on Monday afternoon. This is only one guy’s opinion… there are others who think it’s time to buy equities at these cheaper prices. Make your own decisions!
CMG puts
Sold $CMG Feb 19 400 put @ 1.80
$WYNN #ShortCalls – Sold WYNN…
$WYNN #ShortCalls – Sold WYNN Feb 05 2016 73.5 Calls @ 0.22
$CMG #ShortCalls – sold these…
$CMG #ShortCalls – sold these to pair off with this week’s unhedged puts –
Sold CMG Feb 05 2016 575.0 Calls @ 0.40
Sold CMG Feb 05 2016 580.0 Calls @ 0.35
Let the earnings games begin
$UVXY #ShortCalls – Sold 1…
$UVXY #ShortCalls – Sold 1 UVXY Mar 04 2016 95.0 Call @ 1.25
Sold 1 UVXY Mar 11 2016 80.0 Call @ 2.49
TZA call
Borrowing the strategy from Jeff.
Sold $TZA Mar 4 85 call @ 1.20.
SPX calls closed
#SPXcampaign Bought to close $SPX Feb 12th 2015/2040 call spreads for .20. Originally sold for 1.25.
$AMZN #ironcondor STO March 18…
$AMZN #ironcondor STO March 18 560/550/660/670 for 1.16
TradeKing is TradeByeBye
Thanks for those who gave input yesterday. I’m now moving out of TradeKing and into TDAmeritrade. Still having trouble today after their computer upgrades over the weekend. Opened new account and now waiting for things to transfer over.
UVXY mgt
#VXXGame BTC $UVXY Feb 19th 74 call for .75. Sold for 6.75 on Jan 11th, when it was the highest strike.
/VX futures #Eminis
SOLD FEB /VX Future @ 23.00…let’s see what happens. Looking to grab close to a point if possible on any rally.
Whew…back after a long week!
On the road last 6 days…catching up on all the action. Might actually be home for a day! LOL
SPX calls closed
#SPXcampaign Bought to close $SPX Feb 1990/2015 call spreads for .15. Sold for 1.25. Closing one of two call spreads; will let the 1980/2005 expire Friday.
FB covered puts
STO $FB Feb 12th 110 put for .55
STO $FB March 18th 105 put for 1.35
Late day reports from yesterday…
Late day reports from yesterday that I missed:
$NUGT #ShortCalls – Sold NUGT Mar 18 2016 45.0 Calls @ 1.10
$KSU #CoveredCalls – Sold KSU Feb 5 2016 75.0 Calls @ 0.35
$QRVO #ShortCalls – Sold QRVO Feb 19 2016 50.0 Calls @ 0.35
$WFM #ShortCalls – Sold WFM Feb 12 2016 34.5 Calls @ 0.20
CMG earnings
#Earnings, I am skipping this one due to the recent news-driven volatility. But if you want to try, over the last 12 reports, Biggest UP move: 18.4% , Biggest DOWN move: -9.2% , Average move: 9.2% . Based on current price of 473.00 and its largest move of 18.4%, its Max Proj UP move is to: 560.17 , and Max Proj DOWN move is to: 385.83. That is only based on past earnings. This is the first report after all of the e-coli news.
ETF circus
#ContangoETFs
STO $DUST June 123 calls for 1.75
STO $TZA July 85 call for 5.90
STO $KOLD Feb 19th 270 calls for 1.40
STO KOLD May 310 call for 7.20
BTC KOLD Feb 120 puts for .40. Sold for 1.30 on 1/7
SPX, I sold the March 4,1675/ 1700 put spread for $1.20. Following Jeff.
SPX more puts
#SPXcampaign Sold to Open $SPX March 4th 1700/1675 put spreads for 1.25. First sale in this expiration.
Short Stock, covered puts
#Earnings – now I have two short stock positions from earnings trades. VLO has been working nicely, assigned in 4th quarter at 65 and now cost basis above 70. FB, not so pretty yet, with cost basis just above 105. The danger on that one is it will start flying very high. So I will just sell puts against these as often as I can.
STO $VLO Feb 12th 66 put for 1.95
Yesterday: STO $FB Feb 5th 110 put for .75, and Feb 19th 105 put for .70
March UVXY calls
Filling in some empty weeklies, at the highest strikes.
Sold $UVXY Mar 4 95 calls @ 1.05
Sold $UVXy Mar 11 80 call @ 2.15
SPX puts
#SPXcampaign Sold to Open $SPX Feb 12th 1800/1775 put spreads for 1.25. Expire next week.
$GOOGL pop
Sold $GOOGL Feb 19 850 call @ 2.50. Premium is better now.
$GOOGL earnings beat
Beats on top and bottom line, showing an impressive amount of Googliness. https://www.youtube.com/watch?v=eGKNdqvnxPQ
Be that as it may, I’ll be looking to short/sell calls against a big gap up tomorrow morning, providing the opportunity presents itself.
Hot Wheels and Barbie
An earnings trade. Selling puts below the recent Jan 20 low in the stock. Cost basis of 22.60 if assigned. Strike is 14% out of the money.
Sold $MAT Feb 19 23 puts @ .40
UVXY puts
#VXXGame It’s looking more and more like this could be a bull run for many days, but I will still play for a reversal to the downside until key VIX levels start breaking
STO $UVXY Feb 26th 28 puts for 1.15
TradeKing is TradePeasant today!
Anyone use TradeKing? I have had no problems until this weekend when they decided to upgrade their servers, etc. It was down all weekend so couldn’t check anything. Today, sometimes up and mostly down. Can’t place any online trades. Ouch.
Any suggestions? Am looking at TDAmeritrade with account via TastyTrade. Still will pay more costs than TradeKing, but it may be worth it for the extras you get.
Thoughts?
KOLD calls
#ContangoETFs STO KOLD Feb 19th 215 call for 1.80 (thanks @Ramie)
STO KOLD May 20th 300 call for 4.40
$CMG #ShortPuts #EarningsTrade – sold…
$CMG #ShortPuts #EarningsTrade – sold these replacing the options that expired last Friday. Stock is at 470.
Earnings reports tomorrow AMC. Q4 2015 Chipotle Mexican Grill Inc Earnings Estimate: $2.08
Sold 1 CMG Feb 05 2016 397.5 Put @ 2.50
Sold 1 CMG Feb 05 2016 400.0 Put @ 2.70
Sold 1 CMG Feb 05 2016 402.5 Put @ 2.90
Stone KOLD Crazy
Up over 20 today. Throwing one out there for Feb, strike 55 points out of the money.
Sold $KOLD Feb 19 215 call @ 1.80.
$BIDU #ironcondor I have had…
$BIDU #ironcondor I have had a Feb 5. 160/155/180/185 iron condor, the 160 has been violated so I closed the puts, I’ll come out just under even.
$CMG #ShortPuts – Bought to…
$CMG #ShortPuts – Bought to close 1 CMG Feb 05 2016 300.0 Put @ 0.05. Sold last Wednesday @ 1.10
SPX same-week spread
#SPXcampaign Sold to Open $SPX Feb 5th 1860/1835 puts for 1.25. Adding a 1980/2005 call side on the next swing up. Following Addy on this trade. This can get into trouble fast if we have strong moves this week, so have to watch closely.
STO SPX FEB1 16 (2/5/2016)…
STO SPX FEB1 16 (2/5/2016) 1860/1835/1980/2005 IC @2.60
STO Feb 12 SPX 2020/2005…
STO Feb 12 SPX 2020/2005 BeCS and 1860/1845 BuPS at $2.80
SVXY
STO March 30 put @ 1.25 earlier. Late post due to work.
STO Feb 26 SPX 2025/2040…
STO Feb 26 SPX 2025/2040 BeCS and 1830/1815 BuPS for $3.15 Crd.
$NUGT #ShortCalls – Sold NUGT…
$NUGT #ShortCalls – Sold NUGT Mar 18 2016 60.0 Calls @ 0.40
$NUGT #CoveredCalls #OptionLadder – Sold…
$NUGT #CoveredCalls #OptionLadder – Sold all these this morning
Sold NUGT FEB 12 2016 35.0 Calls @ 0.50
Sold NUGT FEB 26 2016 37.0 Calls @ 1.00
Sold NUGT Mar 04 2016 35.0 Calls @ 1.80
Sold NUGT Mar 18 2016 52.0 Calls @ 0.57
Good morning…
Looking to cautiously sell some SPX put spreads. I won’t get aggressive with them unless we start to drop much lower.
NUGT Mar calls
On the move up in the miners, sold $NUGT Mar 18 45 calls @ 1.00
Option Expire
SPX IC 1960/1965 1840/1835 expired worthless
Options Expiration 1/29
All at full profit
$AAPL 92 Put
$AAPL 107 Call (Covered)
$SVXY 35.5 Put
$EA 63 Put (Earnings Play)
$FB 84/$90 BUPS
$SPXW 1985/1960 BECS
$SPXW 1805/1830 BUPS
Bought Back for .05
$SPXW 2/5 2050/2025 BECS
Taking smaller positions. Feeling a little better. Thanks to everyone here.
