Sold $SPX Dec 14th (monthlys) 2450/2425 put spreads for 1.55.
Sold Nov 30th 2570/2545 put spreads for 6.50, as an #ATMroll from the 2585/2560 puts closed yesterday for 6.40. Was able to move down 15-points by waiting for the down open.
Tag Archives: ATMroll
SPX trades
#SPXcampaign I had to close two call spreads that went ATM today. The VIX dipped but ended off its lows. I will do more rolling tomorrow.
Bought to close $SPX Sep 14th 2460/2485 call spreads for 10.60. Sold yesterday for 6.00. Not yet rolled.
Bought to close Sep 6th 2460/2485 call spreads for 7.70. Sold as part of a #CondorRoll for 6.65 on Aug 25th. Rolled…
#ATMroll Sold Sep 13th 2470/2495 call spreads for 5.45. Ten points higher and I can roll again if we hit 2470. Will add a put spread tomorrow to make up for the debut.
Also, sold to open Sep 29th 2510/2535 call spreads for 1.40, standard campaign position.
SPX reversal?
#SPXcampaign The huge reversal in SPX and big drop in VIX (looking to end down on the day) could signal a sort-term bottom is in. I am looking to close some call spreads with profits; if there is a follow-through rally tomorrow, I will be facing a serious drawdown if I don’t close some today.
Calling the top
#SPXcampaign Sold to open $SPX Aug 21st 2480/2505 call spreads for 8.90. Since I just closed an #ATMroll I’m selling another at the same strikes. We are still in an Upside Warning but it seems to have run out of steam… Famous last words, perhaps. We just hit a two-week high, so this could finally be the run to 2500.
SPX trades
#SPXcampaign Was going to let this first one expire, but since I have to leave my desk now I closed to avoid risk:
Bought to close $SPX Apr 5th 2350 puts for .10. Sold in the 2350/2325 put spread for 4.50 on March 30th.
Closed this one for an #ATMroll as price dropped… then it dropped more so I could not get a fill on planned call spread roll:
Bought to close SPX Apr 12th 2365/2390 call spreads for 11.00. Sold for 11.25 on March 30th
But I did sell this as a partial roll for the stopped spread:
Sold to Open SPX Apr 20th 2325/2300 put spreads for 3.00
SPX call roll sold
#SPXcampaign Yesterday near the close, sold to open $SPX April 17th 2370/2395 call spreads for 7.15. This is an #ATMroll from the Apr 10th spread I stopped yesterday.
SPX trades
#SPXcampaign Yesterday:
Sold to Open $SPX April 10th 2320/2295 put spreads for 1.75
Bought to close Apr 7th 2255/2230 put spreads for .20. Sold for 1.35 on March 9th
Bought to close Apr 5th 2360/2335 put spreads for 6.45. Sold as #ITMroll for 9.20 on March 23rd
#ATMroll: Sold to Open Apr 12th 2350/2325 put spread for 5.50 (10 points lower)
Today:
Sold to Open SPX Apr 5th 2350/2325 put spreads for 4.50. Expires Monday.
SPX trades
#SPXcampaign Here are the trades I made earlier…
Sold to Open March 20th 2320/2295 put spreads for 1.60, to make up for the debit from #ATMroll made on Friday.
Sold to Open March 31st 2420/2445 call spreads for 2.65, to make up for the debit from #ITMroll made yesterday.
Sold to Open April 7th 2450/2475 call spreads for 1.40, when SPX hit 2375. Standard weekly trade.
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