SPY SHY TLT and the Golden Butterfly

#401k #LongStock – I tried following a long term plan (The Golden Butterfly) that would probably work but I’ve decided I can do just as well or better selling puts on imploding stocks so I’m dumping these sizable positions while they’re green. Unloaded SPY back on May 18th and now unloading the bond positions on this rally. Freeing up a ton of buying power…

Sold SHY stock @ 83.60 (bought for 83.51)…decent gain since it was a lot of shares…

Sold TLT stock @ 122.12 (bought for 120.74)

PSA TXN UNP XBI

Freeing up some cash in the #401k. Planning on moving part of it into a longer term hold and re-balance strategy for a longer term time frame similar to this:

https://portfoliocharts.com/portfolio/golden-butterfly/

Bought to Close PSA JUN 15 2018 160.0 PUT @ .45 (sold for 2.50)

Bought to Close TXN APR 20 2018 105.0 PUT @ 1.23 (sold for 3.00)
Bought to Close TXN APR 20 2018 100.0 PUT @ .50 (sold for 1.90)

Bought to Close UNP MAY 18 2018 125.0 PUT @ 1.10 (sold for 3.70)
Bought to Close UNP MAY 18 2018 120.0 PUT @ .70 (sold for 2.45)

Bought to Close XBI JUN 15 2018 75.0 PUT @ .65 (sold for 2.13)

UNP

#ShortPuts – Throwing these in the divvy part of the #401k ….

Sold UNP May 18 2018 125.0 Put @ 3.70
Sold UNP May 18 2018 120.0 Put @ 2.45

IBM

#401k #Dividends #ShortPuts – Adding to a few potential divvy stocks in the long term account…

Sold IBM APR 20 2018 140.0 Put @ 4.30

Gets the stock at 135.70 with a 4.4% divvy at that level. Throw in a few covered calls annually and it’s decent return….

NVDA URI WDC WYNN

#401k #IRA – Going thru some long term positions that were more delta plays as opposed to theta. Clearing the decks just a little to make room for some #Earnings possibilities or the occasional #FallingKnife opportunity.

Bought to Close NVDA JAN 19 2018 110.0 Put @ .81 (sold for 2.50)
Bought to Close NVDA JAN 19 2018 120.0 Put @ 1.39 (sold for 4.25)

Bought to Close URI JAN 19 2018 75.0 Put @ .35 (sold for 2.30)
Bought to Close URI JAN 19 2018 80.0 Put @ .48 (sold for 3.10)
Bought to Close URI JAN 19 2018 85.0 Put @ .64 (sold for 4.20)

Bought to Close WDC JAN 19 2018 70.0 Put @ 1.43 (sold for 2.70)
Bought to Close WDC JAN 19 2018 75.0 Put @ 2.43 (sold for 3.95)

Bought to Close WYNN JAN 19 2018 100.0 Puts @ .62 (sold for 2.70)

SVXY

#ShortStrangles – Sold SVXY AUG 18 2017 80.0/180.0 Strangle @ 3.55

#401k, #ira

IBB…getting back in the game

#401k was all cash so dipping a toe back in to this fairly reliable ticker…(so far). Starter positions small.

Sold IBB Aug 19 2016 260.0 Put @ 4.00
Sold IBB Sep 16 2016 250.0 Put @ 4.10