DRIP

#BearCallSpreads – Adding to previous sale…

Sold DRIP JAN 17 2020 120.0/130.0 Bear Call Spreads @ 1.40

DRIP

#BearCallSpreads – Easing back into this one with a small starter…

Sold DRIP JAN 17 2020 120.0/130.0 Bear Call Spreads @ 1.20

UVXY

#ShortCalls #BearCallSpreads – Taking advantage of the massive volatility pop this morning….

Sold UVXY NOV 29 2019 20.0 Calls @ .70
Sold UVXY JAN 17 2020 24.0/34.0 Bear Call Spreads @ .90

DRIP

#BearCallSpreads – Never took any heat on this one. Ready for another oil implosion now…

Bought to Close DRIP DEC 20 2019 130.0/140.0 Bear Call Spreads @ .42 (sold for 1.50 average)

ULTA UVXY

#CoveredCalls #BearCallSpreads – Just a couple this morning so far…

ULTA: See if we can turn this one around. This week’s safe so adding another.
Sold ULTA NOV 15 2019 242.5 Call @ 2.55

UVXY: Adding a few. First positions in Jan in this account.
Sold UVXY DEC 20 2019 25.0/35.0 Bear Call Spreads @ .86
Sold UVXY JAN 17 2020 25.0/35.0 Bear Call Spreads @ 1.21

UVXY

#BearCallSpreads – All my call spreads are green with stops set for profits so adding a few more a little lower. Let’s see if ‘ol JP can say something to give me a chance to add. Selling against short puts so hoping these take a little heat…

Sold UVXY DEC 20 2019 25.0/35.0 Bear Call Spreads @ .88

Based on the TOS analyze tab 33.50 is where I would start going a little negative delta on my overall position so still a little room to add to the short call side…

UVXY

#BearCallSpreads – Completely out of Nov call spreads now. Will be looking to add to Dec and start Jan on next spike…

Bought to Close UVXY NOV 15 2019 37.0/47.0 Bear Call Spreads @ .15 (sold for 1.60 average)
Bought to Close UVXY NOV 15 2019 35.0/45.0 Bear Call Spreads @ .18 (sold for 1.30 average)