GUSHing again

New highest strikes in some of the months.
Sold $GUSH Jun 15 45 calls @ 1.00.


Trades this week

#ContangoETFs #CoveredCalls #CoveredCallCampaign #VXXGame #Earnings

Here are a few trades other than SPX:
Today: BTC $DUST Jun 15th 40 call for .25. Sold for 3.05 on Dec 4th.

Yesterday: BTC $FB Apr 20th 160 put for 3.00. Sold for 1.37 on March 19th. Backed out to early, not anticipating the rally the Zuck’s testimony would create.

Friday: BTC $FDX Apr 20th 235 puts for 6.77. Sold for 6.75 on 3/23 as when #Rolling from an earnings trade. I had margin pressure on Friday. Scaling back in since then:
Sold May 4th 235 put for 6.05;
Sold May 4th 237.5 put for 5.55.
This one seems like a buy… it’s just waiting for market to relax.

Friday: Closed $BABA Apr 27th 200 call for .18. Sold for 1.90 on 3/29.
Today: Sold BABA May 11th 195 call for 1.40

Tuesday: Sold $SQ Apr 27th 50 covered call for 1.01

Friday: Sold $UVXY Jan 2020 59 call for 4.80.

Lunch trades, work is cutting…

Lunch trades, work is cutting into my trading 🙂

FAS sold 4 DTE 65 CC for 1.74 against long stock. CB now 59.37, nice accrued rolls on this one.
NSC 18 DTE rolled out another week 128 put to 127 put for 0.3 credit. CB 126.33
FAS cold 4 DTE 65 CC against long stock for 1.77. CB now 61.88.

I was also looking at the triples and inverse funds. FAS has had several reverse splits, ERX as well. However, TQQQ, UPRO, UDOW, and TNA have only had positive splits. Not saying they cannot go low enough to reverse split but I am trying to refine this ITM debit spread idea #supercharger and I think going with names that are unlikely to reverse split would offer some additional cushion on the way down.

Trying to get the benefits of what we had with SVXY without the pain associated with it going close to zero.


NUGT call closed

#ContangoETFs $NUGT and $DUST have been kind of dull in recent weeks, so I’m just watching theta do its work on short calls in both.

Closed on GTC order: NUGT June 15th 47 call for .20. Sold for 2.46 on Dec 26th.

KOLD call

Adding a position in November at the highest strike (now 68).
Sold $KOLD Nov 16 68 call @ 2.00.


Adding some KOLD

In August
Sold $KOLD Aug 17 60 call @ 1.50. Starting small and will add (there’s also a 70 strike available in Aug) on a move up.


KOLD closed

#ContangoETFs BTC $KOLD April 20th 55 call for .10. Sold for 1.40 on Feb 9th.