#ContangoETFs At the bell, sold on GTC order: $KOLD Sept 15th 45 call for 2.00.
Sold $FB July 21st 155 covered call for 2.60 #CoveredCalls
#ContangoETFs Filled yesterday on $DRIP Sept 35 call for 1.35
Just added now: Sold DRIP July 21st 30 call for 1.35
Have never traded the triple-leveraged oil ETFs ($GUSH and $DRIP). I figured I would test the NUGT/DUST strategy with a small position, playing for the volatility drag that would be similar to the gold miner ETFs. Highest strike in September is 35 with the stock at 22.03.
Sold $DRIP Sep 15 35 calls @ 1.30.
#ContangoETFs Closed up a few with decent profit to clear the slate for new sales. Focussed mostly on short calls on both; puts riskier in these downward racing dogs.
BTC DUST June 9th 47 calls for .05. Sold for 1.25 on Apr 27th
BTC DUST June 16th 24/47 strangles for .65. Sold for 2.85 on Apr 26th
BTC NUGT June 16th 51 call for .16. Sold for 1.05 on May 17th
#ContangoETFs These are my first trades in NUGT since November. Waited for it to reach closer to its April highs before selling calls, and of course the reverse split was necessary to make premium attractive again.
STO NUGT June 16th 51 calls for 1.05
STO NUGT Sept 15th 51 call for 4.60
(highest strike available)
Bought to close $DUST May 19th 35 calls for 2.80. Sold for 1.40 on Apr 19th.
Rolled into a strangle: Sold June 16th 24/47 strangles for 2.85.
Now that DUST in plummeting, I clearly rolled this too early.
Also, sold to open DUST Jan 19th 2018 85 call for 4.00.