STO SPX 100 JAN16 (1/15/2016) 1855/1830 BuPS @1.45
Recent Updates Page 542
$UVXY #ShortCalls #ScalpTrade #VXXGame -…
$UVXY #ShortCalls #ScalpTrade #VXXGame – sold these as UVXY made a potential near term double top just above 31
Sold UVXY Dec 24 2015 70.0 Calls @ 0.60
Sold UVXY Dec 18 2015 70.0 Calls @ 0.33
Sold UVXY Dec 11 2015 44.0 Calls @ 0.19 – these expire Friday
$KMI #ShortPuts – Sold KMI…
$KMI #ShortPuts – Sold KMI DEC 11 2015 15.5 Puts @ 0.20. These expire Friday
SPX rolling
#SPXcampaign #Rolling STO $SPX Dec 31st 1900/1875 put spreads for 1.65. This is a roll from spreads stopped out last week. Despite the downside warning, I still feel we will continue consolidation into FOMC and monthly expiration next week. If I am wrong, that’s what stops are for.
SPX call spread closed
#SPXcampaign BTC $SPX Dec 31st 2175/2200 call spreads for .20. Sold for 1.50 on Nov 30th.
ES -40 from high today!!
ES -40 from high today!!
AZO calls closed
#Earnings BTC $AZO Dec 18th 800 calls for 3.85. Sold on Monday as part of 700/800 strangle for 5.25. Order in to close puts for .20.
SVXY naked calls
Bought to Close SVXY DEC 18 2015 60.0 Calls @ .60 (sold for 1.75)
SPX put spread
#SPXcampaign At 9:20 PT, STO $SPX Jan 8th 1870/1845 put spreads for 1.25.
$VIX Downside Warning fired again
#VIXIndicator Third time since 11/13.
AZO down…
Glad I didn’t get a fill on selling an ITM put yesterday. 800 calls looking better.
SVXY naked calls
Bought to close SVXY DEC 11 2015 58.0 Calls @ .20 (sold for 1.25)
VLO covered put
STO $VLO Dec 31st 66 put for 1.00, against short stock.
VIX signal fired
$VIX just hit 19.20, which is 50% above the October 28th low of 12.80. If we hit 19.80, that will be 25% above Tuesday’s close, which will be a second signal and yet another Downside Warning.
SPX fail, VIX Indicator
Wow, had to step out briefly…. not only did I miss call spread fill, I missed my stop on the put spread. What a bad morning to have to step away!
Next $VIX Indicator signals are 19.20, then 19.80.
$WYNN #ShortPuts #Rolling – for…
$WYNN #ShortPuts #Rolling – for safety I covered my short Dec 65 Puts @ 1.00 and replaced with several more Dec 60 Puts @ 0.45. This ratio roll actually brought in additional cash.
STO TLT Dia Feb19 124…
STO TLT Dia Feb19 124 BTO Jan15 119 Puts for 3.75 Crd. Max risk is $184 Max profit is $375
Another Trade
STO $AMZN 1/15/2016 610/620 BUPS@ 1.2
Trades
STO $NFLX 1/15/2016 110/120 BUPS $2.5
STO $KMI 1/15/2016 15Put @.5. Thank you Ramie
STO $UVXY 12/18 45 call @ .6 Thank you vxxkelly
STO SPXW 12/11/2015 2130.00/2105.00 call @ 1.00. Thanks Jeff
Crude oil inventories report at…
Crude oil inventories report at 10:30
$AMZN
$AMZN STO Jan 600/610 BuPS @ 1.15. Muffed the submission a bit and didn’t get the better fill.
STO Jan2 SPX 2160/2175 1.25…
STO Jan2 SPX 2160/2175 1.25 to make IC
SPX condor
Pulled of the 2105 spread orders, now trying for 2110/2135
STO SPX DEC2 15 (this…
STO SPX DEC2 15 (this Friday) 2000/1975 BuPS @.85 early in the morning
STO SPX JAN4 16 (1/15/2016)…
STO SPX JAN4 16 (1/15/2016) 1875/1850 BuPS @1.55
KMI bottom?
Not my usual kind of trade because I’m selling puts on a big up day but I think with the dividend cut out of the way the stock looks to have possibly found a bottom. I’m willing to take the chance that 15 is in the rear view mirror so I put on a speculative put sale in January.
Sold $KMI Jan 15 2016 15 puts @ .67 (average). The IV is 67 which around its 90th percentile, so premium is still rich this morning.
$DUST #ShortPuts – going back…
$DUST #ShortPuts – going back to the well again on DUST. Still trying to force NUGT higher …
Sold DUST (Weekly) Dec 11 2015 15 Puts @ 0.50. These expire Friday
SPX same week condor
#SPXcampaign Since I bollocksed up the first one by selling only the put side too early on Monday (stopped out yesterday), trying this again with much less time for things to go wrong.
STO $SPX Dec 11th 2025/2000 puts spreads for 1.50.
Selling SPX Dec 11th 2105/2130 call spreads, working on a fill for .70 or higher. If I can’t get that I will drop down to 2100/2125.
I think we will continue these volatile swings into next week’s FOMC, but this week’s wildness shouldn’t threaten these strikes. Nonetheless, stop will be set at 2.50 for each side.
$WYNN leaps higher this morning.
$KOLD may have finally run out of gas 🙂
$NUGT
Big move up this morning. Dollar made a big drop overnight so rippling thru to gold. $DXY and $UUP now seem to be bouncing higher so if that continues it should temper the $NUGT move
SPX call spread
#SPXcampaign STO $SPX Jan 8th 2160/2185 call spreads for 1.25, with SPX at 2060. This is the first of two call spreads I will sell for this expiry.
BTC SPX Dec2 2120/2135 .10…
BTC SPX Dec2 2120/2135 .10 top of IC
GM all
GM all
Inverted Strangles video
This is a great video @fuzzballl posted below, thought I’d repost here as the adjustment possibilities are endless for naked sellers.
Watch the 5th video down titled “Inverted Strangle Recap”
https://www.tastytrade.com/tt/learn/strangle?locale=en-US
AZO on fire
#Earnings My plan with the 800 calls will be to roll into January should we breach 800. As it looks more than likely, I may close today if price settles down from here.
BIB quickie #401k
#401k – Sold all the BIB I bought yesterday on the run up to the 21ema. Out at 68.25….just missed a reload at 67.25 but orders in all the way back down to the 50ma. Two decent scalps in last 4 trading days…LOL Buy Thur sell Fri buy Mon sell Tue. Loving those alternating red and green big bars!
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold UVXY DEC 24 2015 70.0 Calls @ 0.39. Top of the chain.
KOLD calls hurting
#ContangoETFs The continuing decline of Nat Gas has driven $KOLD up astronomically, straining my account and margin. I currently have way more puts than calls, but the calls are all dramatically underwater. Fortunately, it is not difficult to #ReverseRoll. On November expiration, I had 5 short calls way ITM that I closed out. Within one week I had sold enough puts to make up for the losses, and all of those puts are now approaching zero.
December expiration is a bit heavier, but today I started closing out some early and sold some more puts.
BTC $KOLD Dec 118 call for 62.00. Sold for 20.00 on 11/11 (part of a roll)
BTC $KOLD Dec 120 call for 56.40. Sold for 19.00 on 11/19
BTC $KOLD Dec 100 puts for .20. Sold for 3.00 on 11/19
STO $KOLD Dec 155 puts for 2.85. Starting the rolls for the above positions.
for you who are fed-up…
for you who are fed-up with this market see this Just Office Stress if you want a few minutes https://www.youtube.com/watch?v=wXaPB7slzNE&index=2&list=RDVveNHLZaECw
$SVXY
$SVXY STO an initial position Dec 31st 45 Put @ 0.95.
JC commented we should trade…
JC commented we should trade violently sideways until FED decision
SPX spread STOPPED
#SPXcampaign BTC $SPX Dec 11th 2035/2015 put spreads for 2.60. I had a conditional stop-limit order on this that somehow executed when condition was not met. I am on phone with broker now trying to sort out. Condition was SPX below 2063, placed at 10:50am ET. As you can see, it has been above that level since then (as of this writing at 11:32 ET). Trade closed at 10:59, filled for 2.60 on a 2.85 limit order. Not a happy camper. (although I’ll be okay with it if we drop back below 2063!)
STO SPC Jan2 1930/1915 1.15
STO SPC Jan2 1930/1915 1.15
$UVXY
STO Dec 18 $45 calls @ $0.62
STO Jan 15 $65 calls @ $1.10
$TWTR I have 2 Dec…
$TWTR I have 2 Dec 18 43/38 BuPS that seemed like a good idea several months back. If I sell the 38s I will take in a positive $1606, I received $1800 for the 43s, (this was a roll). My cost basis will be 25 and change, maybe get to even or better in a couple months with some covered calls
$UVXY #ShortCalls #Weeklys – Sold…
$UVXY #ShortCalls #Weeklys – Sold UVXY Dec 11 2015 42.0 Calls @ 0.18 for a scalp trade. Strike is a point higher than my last sale for the same premium
STC Dec2 2065/2055 Put spread…
STC Dec2 2065/2055 Put spread 210 profit bought yesterday for 2.65
$SVXY
STO Jan’16 $35 puts @ $0.55
SVXY put #IRA
#IRA – Just one for now…
Sold 1 SVXY JAN 15 2016 55.0 Put @ 4.80
$UVXY #ShortCalls – Sold UVXY…
$UVXY #ShortCalls – Sold UVXY Dec 11 2015 41.0 Calls @ 0.18 for a scalp trade. This month’s high was 10 points below the strike
$NUGT
STO Jan’18 $45 call @ $13.00
SPX same week spread
#SPXcampaign, regarding my $SPX Dec 11th 2035/2015 spread sold yesterday, went into the hole with it this morning but decided not to panic on a morning flush. Bounce now has it back below 3.00, so I will reinstate the stop now and get out if this rally is short-lived. Still looking to sell the call side for a condor.
AutoZone’s (AZO) Q1 Earnings Beat…
AutoZone’s (AZO) Q1 Earnings Beat Estimates, Revenues in Line
http://finance.yahoo.com/news/autozones-azo-q1-earnings-beat-131301324.html
Good morning…
Well, perhaps the $VIX warning we got Friday will come to fruition before January. More volatility today as oil continues to plunge. At some point we should reach a capitulation point where oil has a rapid, massive sell off and then finally bottoms. For now, it seems to be dragging stocks down with it.
CMG: I told you I wasn’t ready
To eat there yet. Looks like I probably shouldn’t have been ready to sell puts on it yet either.
More illness/possible E.coli, this time in Boston. Shares got shmeissed again after hours.
http://www.reuters.com/article/us-chipotle-mexican-ecoli-idUSKBN0TQ2T520151207#Dg2XvF1YGjLt3S9m.97
A few trades
Sold $NFLX 12/18/2015 118.00 P @ 1.4
Sold $AMZN 12/11/2015 625/645 BUPS
Sold $NFLX 12/11/2015 118.00/124 BUPS
Sold $ SPXW 12/11/2015 2015 /2035 BUPS
/ES #Eminis
Continuing to rally after hours…volatility tanking 🙂
$SVXY
Just getting back to the desk. While I was away today the short Dec 18th 65 and 66 calls were bought to close at 0.25.
UVXY BeCS
Sold UVXY MAR 18 2016 55/75 Bear call spreads @ 1.25
DUST – just sold 1/2…
DUST – just sold 1/2 of the remaining stock put to me Friday at 16.77(Friday’s high)
Rolling XOP
With the Dec strike getting breached, I rolled my 32 puts out to Jan 32 puts for .80 credit.
Bought to close $XOP Dec 18 32 puts @ 1.36 (sold for .47 on 11/17)
Sold to open $XOP Jan 15 2016 32 puts @ 2.16
$DUST $NUGT
Wish I would have gotten in on Friday with you guy’s, but I’m sure glad I did pile in this morning. Always a little trepidation when “chasing” but really believed they would do what they are doing.
NFLX – just cracked -…
NFLX – just cracked – lower
$CMG: Not ready to eat…
$CMG: Not ready to eat there yet but I’ll take a chance on the stock right here
Playing today’s bounce as a possible shorter term low in the stock.
Sold Dec 18 475 put @ 1.60. Strike price is 2 standard deviations away and right around the 2 year low in the stock from May 2014. IV rank is high at 69.
TZA calls
#ContangoETFs STO $TZA Jan 15th 50 calls for 1.40. Every time this pops I sell some 50 calls in the next month, and every time I can cover for 80% of max profit a couple weeks later.
DUST – dumped most of…
DUST – dumped most of the long stock that I was put on Friday at 15.5 & 16.0 just now at 16.30
$UVXY calls in March
A #VXXGame trade. Sold $UVYX Mar 18 2016 165 calls @ 1.05. Highest strike.
BIB #401k
#401k – Bought this Thursday and sold it Friday last week similar to the XIV trade. Starting a new position here at the 50MA. Starting small leaving room to add if the 50ma doesn’t hold…that could possibly bring the August lows back into play…
DUST calls
#ShortCalls – Bought to close DUST DEC 18 2015 22.0 Calls @ .25 (sold for 1.65)
Still short 22 puts so looking to lay the calls out there again on any follow through. This was part of a short rolled straddle worth 5.45 total.
$SPX second test of 2067…
$SPX second test of 2067 area held for now, printing a higher low on the day.
Oil plunging…
All-time low in $USO.
$NUGT $DUST
I was away from the market almost all day on Friday, so had to chase a bit this morning to add some positions. You guy’s got better prices on Friday.
STO $NUGT June $70 calls @ $3.90
STO $NUGT Jan 15th $45 calls @ $1.25
STO $NUGT Jan 15th $50 calls @ $.95
STO $NUGT Mar $65 calls @ $1.75
STO $NUGT Mar $75 calls @ $1.30
STO $NUGT Jan’17 $75 call @ $6.90
First time trading $DUST so just dipping a toe
STO $DUST Jan 15th $10 puts @ $.45 (has never traded down to $10)
STO $DUST Dec 18th $13 puts @ $.45
KOLDer outside
#ContangoETFs New highs again… STO $KOLD Jan 15th 215 call for 7.10. Highest strike.
#SPXcampaign STO SPX DEC2 15…
#SPXcampaign STO SPX DEC2 15 (12/11/2015) 2010/1985 BuPS @1.10 early morning
$KOLD rolls
Rolled my ITM Dec positions out to January for credits and in the process made some tax moves, keeping the losses in 2015. Utilizing the TastyTrade strategy and rolling to the same strike, pulling in more credit than rolling up.
Rolled $KOLD Dec 18 115 call out to Jan 115 call for 2.08 credit
Rolled $KOLD Dec 18 118 call out to Jan 118 call for 2.41 credit
Rolled $KOLD Dec 18 136 call out to Jan 136 call for 5.12 credit
