$UVXY #CoveredCalls #Rollup #IRA -…

$UVXY #CoveredCalls #Rollup #IRA – Bought back my Apr13 21.5 Calls at a gain and Sold Apr 21 23.0 Calls @ 0.85 Credit.
Not waiting for these to expire and trying to sell the new one’s on Monday.

$AMZN #CoveredCalls Took these off…

$AMZN #CoveredCalls
Took these off for 65-75% of the premium received instead of waiting for expiration. Will reload on the next move up in the stock.
Bought to close $AMZN Apr 21 910 call @ 2.07 (sold for 6.00 on 3/31)
Bought to close $AMZN May 19 1000 call @ 2.80 (sold for 10.00 on 4/5)

$NUGT #CoveredCalls #OptionLadder – partially…

$NUGT #CoveredCalls #OptionLadder – partially covered with long stock, with a few short puts thrown in. All with the stock at 11.
Sold NUGT MAY 5 2017 13.5 Calls @ 0.37
Sold NUGT MAY 12 2017 14.0 Calls @ 0.43
Sold NUGT MAY 19 2017 15.0 Calls @ 0.40
Sold NUGT MAY 26 2017 15.5 Calls @ 0.43
Sold NUGT JUN 16 2017 16.0 Calls @ 0.64
Sold NUGT SEP 15 2017 18.0 Calls @ 1.25

$NUGT #CoveredCalls #IRA – Sold…

$NUGT #CoveredCalls #IRA – Sold NUGT Apr 13 2017 10.5 Calls @ 0.28. These gapped up this morning.

Options Expiration 4/7/17

#OptionsExpiration #VXXGame #CoveredCalls #SPXcampaign

–Expiring–
PANW 125 covered call
UVXY 31 calls

Also, closed earlier today: SPX Apr 10th 2320/2295 put spreads for .20. Sold for 1.75 on March 29th.

$NUGT #CoveredCalls #Rollout – repeating…

$NUGT #CoveredCalls #Rollout – repeating my weekly roll in an IRA account. The best one so far.
Bought to close NUGT Apr 7 2017 10.0 Calls @ 0.02
Sold NUGT Apr 13 2017 10.0 Calls @ 0.35 – only 4 trading days next week as the options expire on Thursday.

PANW covered calls

#Earnings #CoveredCalls Not a fun one to be stuck in.
Sold to Open $PANW Apr 28 117 call for 1.25

AMZN #CoveredCalls Sold $AMZN May…

AMZN #CoveredCalls
Sold $AMZN May 19 1,000.00 call @ 10.00.

#coveredcalls #goldminers DUST called today…

#coveredcalls #goldminers
DUST called today at $31, sold call for $1.45, bought stock $30.95. A decent trade.
Slowly unwinding a full position in DUST that caught me a couple of weeks ago when DUST fell from $40 to $30.

$NUGT #CoveredCalls – repeating last…

$NUGT #CoveredCalls – repeating last week’s roll in an IRA acct even thought this week’s call would have expired.
Bought to close NUGT Mar 31 2017 10.0 Calls @ 0.01
Sold NUGT Apr 7 2017 10.0 Calls @ 0.21.
Waiting for Monday might not have yielded the same net result.

AMZN #CoveredCalls Sold $AMZN Apr…

AMZN #CoveredCalls
Sold $AMZN Apr 21 910 call @ 6.00 with the stock on a tear at 888.63. Delta 28.

$MRO #CoveredCalls – Sold MRO…

$MRO #CoveredCalls – Sold MRO JUL 21 2017 18.0 Calls @ 0.62 with the stock at 15.94

#coveredcalls FEYE Rolled March 31…

#coveredcalls FEYE
Rolled March 31 12.50 calls to April 21 13 calls, .11 credit. It would be great if I had to roll these up regularly for the next year-right Fuzzball?

SVXY stock

#CoveredCalls #VXXGame – Was holding stock at a 120.75 basis covered by 127 calls for this week. Sold stock in pre-market @ 128.30.

And:

Rolled 127 calls to Jan 2018 225, 230, and 235 strikes for a total credit of .95

$UVXY #CoveredCalls – taking nice…

$UVXY #CoveredCalls – taking nice gains on this week’s calls and rolling them up a half point for next week.
Bought to close UVXY Mar 24 2017 20.5 Calls/Sold UVXY Mar 31 2017 21.0 Calls @ 0.69 Credit
Bought to close UVXY Mar 24 2017 21.0 Calls/Sold UVXY Mar 31 2017 21.5 Calls @ 0.63 Credit
Bought to close UVXY Mar 24 2017 21.5 Calls/Sold UVXY Mar 31 2017 22.0 Calls @ 0.55 Credit

Since these are IRA accounts, normally I would wait for expiration of this week’s calls and write new ones on Monday. But I have found that the premiums for 1 week options collapses over the weekend and the bid prices are much lower Monday morning than they are on the close Friday afternoon. I may leave a few dollars on the table buying back worthless options early, but net-net I think I come out ahead.

FB trades, continued

#Earnings #StockTrades #CoveredCalls
As per my previous post, more stock sold at 138.80, and BTC March 31st 140 call for .90 (sold for 1.40 on 2/22).

FB trades

#Earnings #CoveredCalls #StockTrades
With FB hitting all-time highs this morning, I first sold the April 28th 145 covered call for 2.00. I then put Trailing Stops on my stock position, at three levels: 2.00, 3.50, and 5.00 trails.

The 2.00 trail was hit, so sold one-third of the stock for 140.30. Cost basis 131.20.

$NUGT #CoveredCalls – Sold NUGT…

$NUGT #CoveredCalls – Sold NUGT Mar 24 2017 10.0 Calls @ 0.13 with the stock at 9.40.
Assignment would take me out of the stock at a profit, plus my 9.0 Puts would expire (unless I cover them for a penny before Friday).

FEYE

#CoveredCalls – Sold FEYE Apr 21 2017 12.5 Calls @ 0.38 replacing last week’s expiration.

FB call closed

#CoveredCalls Bought to close $FB March 17th 140 Covered Call for .10, to avoid possible assignment. Sold for 1.00 on Jan 10th.

$NUGT #CoveredCalls – Sold NUGT…

$NUGT #CoveredCalls – Sold NUGT Apr 28 2017 13.0 Calls @ 0.38

SVXY roll

#CoveredCalls – Rolled this week’s 124 covered calls to March 31st 127’s @ even….picking up another 3 points of upside while maintaining a little downside protection.

Options Expiration 3/10/17

#OptionsExpiration #Earnings #CoveredCalls #BullPutSpreads
Would have been a much happier Friday if I hadn’t gotten shaken out of an expiring put spread at the lows of the day.

— Expiring —
FB 140 covered call
ULTA 255/245 put spreads
UVXY 28 calls

I will be posting SPX trades and updated chart later

SVXY roll

#CoveredCalls – Rolling out and up. Keeping a little downside protection while giving the stock a little room for a nice profit.

Rolled this week’s 120 calls to March 17th 124’s @ even.

Mid on this was a .20 debit but I put it in at even and filled immediately…

FB covered calls

#Earnings #StockTrades #CoveredCalls #Rolling
BTC FB Feb 24th 140 covered call for .04. Sold for 1.07 on Jan 13th.
STO FB Mar 31st 140 c0vered call for 1.40.

Options Expiration 2/17/17

#OptionsExpiration #Earnings #CoveredCalls #ShortStrangles #BullPutSpreads

— Expiring w/Max Profit —
ALK 95/90 put spreads
RGLD 75 & 80 covered calls
VECO 24/29 strangles

That’s it… have a good weekend all!

$UVXY #CoveredCalls – Sold UVXY…

$UVXY #CoveredCalls – Sold UVXY FEB 24 2017 26.0 Calls @ 0.42. Short trading week next week.

#coveredcalls TLT Sold March 3…

#coveredcalls
TLT Sold March 3 122 call for .46, replacing 124 call expiring today. I was assigned TLT in November and have the cost basis down to 120.

$UAA #CoveredCalls – Sold UAA…

$UAA #CoveredCalls – Sold UAA JAN 19 2018 35.0 Calls @ 0.45

$UVXY #CoveredCalls – Adding some…

$UVXY #CoveredCalls – Adding some speculative short/partially covered calls on the late bump in volatility.
Sold UVXY FEB 17 2017 21.5 Calls @ 0.24 – expires in 2 days
Sold UVXY FEB 17 2017 22.5 Calls @ 0.15 – expires in 2 days
Sold 1 UVXY Mar 3 2017 22.5 Call @ 1.07
Sold UVXY Mar 10 2017 34.0 Calls @ 0.42

$UVXY #CoveredCalls – with two…

$UVXY #CoveredCalls – with two and a half days until expiration, selling mostly covered calls for accounts that still have a bit of this stock. I welcome the chance to roll these if necessary.
Sold UVXY FEB 17 2017 20.5 Calls @ 0.33
Sold UVXY FEB 17 2017 21.0 Calls @ 0.25
Sold UVXY FEB 17 2017 21.5 Calls @ 0.21

$MYL #CoveredCalls – Sold MYL…

$MYL #CoveredCalls – Sold MYL APR 21 2017 45.0 Calls @ 0.76

#shortputs USO April 21, 11…

#shortputs USO April 21, 11 put at .37
#coveredcalls FEYE March 17, 13 calls at .18

CLF #CoveredCalls Sold $CLF Mar…

CLF #CoveredCalls
Sold $CLF Mar 17 13.00 calls @ .52-.54

$CF #CoveredCalls – Sold CF…

$CF #CoveredCalls – Sold CF MAR 3 2017 38.0 Calls @ 0.69 replacing similar calls that expired Friday.

FB covered call

#Earnings #StockTrades #CoveredCalls
This is an earnings trade that started in January 2016. I was assigned short stock at that time, held that most of the year (painfully), selling puts against it, then switched it to a long stock position in October. It is finally in profit territory above 133.00. I still like the stock long so I’m going to keep it as long as it holds up.

STO FB March 10th 140 call for .80

RGLD covered call

#Earnings #StockTrades #CoveredCalls

STO RGLD April 77.5 covered call for 1.85. Replacing calls that will expire next week.

FFIV

#CoveredCalls – Received stock from an earnings strangle last week. Massive reversal blowing through my first covered call so rolling out and up to capture another dollar.

Rolled this week’s 135 calls to Feb 24th 136 @ even.

$UVXY #CoveredCalls #Weeklys – sold…

$UVXY #CoveredCalls #Weeklys – sold this morning
Sold UVXY Feb 10 2017 27.0 Calls @ 0.37
Sold UVXY Feb 10 2017 27.5 Calls @ 0.32
Sold UVXY Feb 10 2017 28.0 Calls @ 0.24

$CVS #CoveredCalls – Sold CVS…

$CVS #CoveredCalls – Sold CVS (Weekly) Feb 10 2017 79.0 Calls @ 0.35, replacing calls expiring today.

Options Expiration 2/3/17

#OptionsExpiration #Earnings #SPXcampaign #IronButterfly #CoveredCalls #Assignment #ShortPuts #ShortCalls #VXXGame #StockTrades #ShortStrangles

–Expiring w/max profit–
FB 123, 126, 129 puts
FB 138 covered calls
REGN 340/400 strangle
UVXY 32 and 40 calls
SPX 2260/2235 put spreads. Sold for 3.35 on Jan 24th
SPX 2245/2220 put spreads. Sold for 1.35 on Monday

— Assignment ?? —
AMZN 840 put… was going to let the 810 long put cancel it out, but looks like I may get stock instead

— Expired w/Max loss —
AAPL 118/121/124 iron butterfly

$NUGT #CoveredCalls #IRA – Repeating…

$NUGT #CoveredCalls #IRA – Repeating last weeks move while pushing up the strike price.
Normally I would let this week’s worthless option roll off and attempt to sell next week’s on Monday.
I’m spending a little to buy back worthless calls but who knows what Monday will bring.
Bought to close NUGT Feb 3 2017 12.0 Calls @ 0.02 (Sold @ 0.14)
Sold NUGT Feb 10 2017 12.5 Calls @ 0.32

FB earnings

#Earnings #StockTrades #ShortPuts #CoveredCalls
Already long stock, short 138 and 140 covered calls, short 126 and 129 puts.

Today, sold to open $FB Feb 3rd 123 puts for .65. Will add more if price goes up.

Biggest UP move: 15.5%, Biggest DOWN move: -6.1%, Average move: 5.6%. This trade is 6% OTM.

$MYL #CoveredCalls – a nice…

$MYL #CoveredCalls – a nice pop this morning pushes the premiums up a bit.
Sold MYL APR 21 2017 42.5 Calls @ 0.81
Sold MYL JUL 21 2017 47.5 Calls @ 0.73

#spxcampaign $SPX 2/24 2125/2150 BUPS…

#spxcampaign
$SPX 2/24 2125/2150 BUPS @ 1.00

#shortputs
$BMY 2/17 46 @ .85

Rolled Down in Time Up in Price For 1.00
$CMG 3/17 275 put to $CMG 2/17 370 put

#coveredcalls
$NUGT 2/10 12.50 calls @ .25

#longput
$SBUX 3/17 55 put @ 1.34

$NUGT #CoveredCalls – Sold NUGT…

$NUGT #CoveredCalls – Sold NUGT Feb 3 2017 12.0 Calls @ 0.12, replacing a similar position that expired Friday.

Earnings Trades and Expiration

#earningstrade

$JNJ 113/115/117/115 Iron Butterfly Lost $54 per contract
$COF 85/87/89/87 Iron Butterfly Lost $40 per contract
$LUV 49/50 BUPS 100% profit
$EBAY 28.5 put 100% profit

#spxcampaign #coveredcalls #shortputs #shortcalls #assignment
Expired Full Profit

$SPX 2120/2145 BUPS
$SPX 2155/2180 BUPS
$SPX 2235/2260 BUPS

$LULU 70.50/69.50 BECS
$NUGT 12 call (covered)
$CELG 115 call (Covered)
$LULU 60 put

Called Away
$MPC 1/27 49 calls

Thanks to everyone for sharing. Enjoy the fruits of your labor this weekend.

FFIV earnings

#Earnings #CoveredCalls – Originally sold 145/142 bull put spreads @ 1.25.

Stock tanked so sold long 142 puts @ 4.95. I’ll be assigned stock at 145 with a basis of 138.80 so:

Sold FFIV FEB 10 2017 138.0 Calls @ 2.05
Sold FFIV FEB 10 2017 139.0 Call @ 1.60

$NUGT #CoveredCalls #IRA – Repeating…

$NUGT #CoveredCalls #IRA – Repeating last weeks move.

Normally I would let this week’s worthless option roll off and attempt to sell next week’s on Monday. But with NUGT running a bit this morning I’ve decided to roll instead.
I’m spending a little to buy back worthless calls but who knows what Monday will bring.

Bought to close NUGT JAN 27 2017 11.5 Calls @ 0.01 (Sold last Fri @ 0.33)
Sold NUGT Feb 03 2017 11.5 Calls @ 0.23

FB covered call roll

#Earnings #CoveredCalls #StockTrade #ShortStrangles #StrangleRoll
BTC $FB Jan 27th 130 call for 1.98. Sold for .53 on Jan 10th.
STO $FB Feb 3rd 126/138 strangle for 2.58.

Going into next week’s earnings with a long bias; I am long stock. I will be selling additional options the day of earnings.

WYNN

#CoveredCalls -I’ve been rolling around this short strangle position for months. Finally took the stock at 107 but with an 88 basis for covered calls. Was short 91 strike calls this week planning on rolling the calls up into earnings week. Then…all of a sudden WYNN moved their earnings to yesterday and IV in the short calls jumped. Thanks WYNN…grrr.

Stock jumped on earnings so I sold it at 102.80 while keeping the short calls. Looking now to roll the calls to a new strangle…I think this might be a revenge trade but doing it anyway…LOL

Activity

#spxcampaign
$SPX 1/27 2235/2260 BUPS @ 1.00

Close Early
$SPX 1/25 2215/2240 BUPS@.10 91% profit
$SPX 1/31 2040/2140 BUPS @ .20 95% profit

Thanks @jeffcp66 for helping save capital and grow It too!

#earningstrade
$COF 1/27 85/87/89/87 @ 1.60

#coveredcalls
$APC 2/3 70 @ 1.52
$CELG 1/27 115 @.85
$CRR 2/17 11 @.60
$CVI 2/17 25 @.75
$CLF 2/3 9 @ .37
$YELP 2/10 43 @1.70
$MPC 1/27 49 @ .80

#longcalls
$QCOM 2/17 55 Call @ 2.30 (OMM Trade)

Gold trades

#ContangoETFs #ShortCalls #CoveredCalls #GOLD
Earlier today…
STO RGLD Feb 17th 80 covered call for .50

BTC DUST Feb 17th 107 call for .05. Sold for 5.45 on Dec 20th.
BTC Dust Feb 17th 75 call for .15. Sold for 9.00 on Nov 23rd.

This leaves me flat in DUST/NUGT. Going to leave them alone until one of them goes on a bullish surge. I did well overall on this DUST bull run (started selling calls on Oct 4th), although it would have been better if I wasn’t forced to close a few on the highs due to margin (Nov 11 & 14). I will be careful to not sell too many too fast next time.

Trades

#shortputs
$GS 2/17 230/235 BUPS @ 2.45

#coveredcalls
$VRX 1/27 15.50 call @ .40

#longcalls
$NFLX 3/17 145 call @ 4.50

RGLD Covered Calls

#CoveredCalls #Gold #Earnings
STO $RGLD April 80 call for 2.00

$NUGT #CoveredCalls #IRA – normally…

$NUGT #CoveredCalls #IRA – normally I would let this week’s worthless option roll off and attempt to sell next week’s on Monday. But with NUGT running hard toward the close I’ve decided to roll instead.
I’m spending a little to buy back worthless calls but who knows what Monday will bring.

Bought to close NUGT JAN 20 2017 12.0 Calls @ 0.01
Sold NUGT JAN 27 2017 12.0 Calls @ 0.23

Bought to close NUGT JAN 20 2017 11.5 Calls @ 0.01
Sold NUGT JAN 27 2017 11.5 Calls @ 0.33

$CVS #CoveredCalls – early assignment…

$CVS #CoveredCalls – early assignment last night on CVS JAN 20 2017 82.5 Calls.
Acquired the stock on a put assignment at 80 last year.
I had intended on rolling the call up a bit, but this is fine. Closer to cash.

WYNN roll

Same as last week….copy and paste and change a couple numbers:

#CoveredCalls – Gradually working these up hoping they will eventually expire before earnings so I can then sell some nice juicy ones. 1 more roll after this one for Feb 9th earnings…

Rolled this week’s 90 calls to next week’s 91’s @ .25 credit

$NUGT #CoveredCalls – selling some…

$NUGT #CoveredCalls – selling some call a bit above my breakeven points
Sold NUGT Jan 20 2017 11.5 Calls @ 0.20
Sold NUGT Jan 20 2017 12.0 Calls @ 0.14.
Both of these expire this week.

FEYE roll

#CoveredCalls #IRA – Been selling these for months trying to get back to even…finally getting close. Rolling into earnings week for nice credit.

Rolled this week’s 13.0 calls to Feb 3rd 13.0 calls @ .61 credit

WYNN roll

#CoveredCalls – Gradually working these up hoping they will eventually expire before earnings so I can then sell some nice juicy ones. 2 more rolls after this one for Feb 9th earnings…

Rolled this week’s 89.5 calls to next week’s 90’s @ .34 credit

FB covered calls

#CoveredCalls #Rolling #StrangleRoll
I’d like to hold the stock through earnings…
Bought to close $FB Jan 13th 126 covered call for 2.09. Sold for .65 on Tuesday.
Sold to Open FB Jan 27th 126 put for 1.03
Sold to Open FB Feb 24th 140 covered call for 1.07

FB covered calls

#CoveredCalls #Long Stock #Earnings
Sold the following after a pretty extended run on FB. The first two expire before Feb 1st earnings.
STO FB Jan 13th 126 call for .65
STO FB Jan 27th 130 call for .53
STO FB Mar 17th 140 call for 1.00

$NUGT #CoveredCalls – sold all…

$NUGT #CoveredCalls – sold all these Monday morning, replacing similar calls that expired last Friday.
All These expire at the end of the week.
Sold NUGT Jan 13 2017 11 CALLS @ 0.24
Sold NUGT Jan 13 2017 11.5 CALLS @ 0.15
Sold NUGT Jan 13 2017 12 CALLS @ 0.10

WYNN

#PerpetualRollingStrangles #CoveredCalls – Rolled 88.5 calls out out to next week’s 89.5 @ even.

RH

#CoveredCalls – Just keep selling these at breakeven strikes. Would love to be done with it soon so I can get ready for earnings season. Was assigned from an earnings play at 35.05. Basis now reduced to 31.50.

Sold RH JAN 13 2017 31.5 Calls @ .54

AMZN #CoveredCalls Sold $AMZN Feb…

AMZN #CoveredCalls
Sold $AMZN Feb 17 870 call @ 5.00

RGLD covered call

#CoveredCalls #Earnings #Gold
STO $RGLD Feb 17th 75 covered call for 1.25

Looking for a bullish run in gold miners… DUST dropping today, lowest since the election.

$UAA #CoveredCalls – Sold UAA…

$UAA #CoveredCalls – Sold UAA FEB 17 2017 35.0 Calls @ 0.35

RGLD covered calls

#CoveredCalls #Earnings
BTC RGLD Jan 20th 75 covered call for .20. Sold for 1.25 on Dec 13th
BTC RGLD Jan 20th 77.5 covered calls for .10. Sold for 1.83 (avg price)

Looking for a rebound in gold next month

$NUGT #CoveredCalls – got a…

$NUGT #CoveredCalls – got a nice chance to sell next week’s calls when the stock hit 9.
Only 4 trading days next week.
Sold NUGT Jan 6 2017 10.5 Calls @ 0.15
Sold NUGT Jan 6 2017 11.0 Calls @ 0.10
Sold NUGT Jan 6 2017 12.0 Calls @ 0.05

AMZN

#CoveredCalls – Another week gone by…

Bought to Close AMZN DEC 30 2016 775.0 Call @ .08 (sold for 4.10)
Sold AMZN JAN 6 2017 770.0 Call @ 4.53

IBB

#CoveredCalls – Replacing this week’s expiration…

Sold IBB JAN 6 2017 270.0 Call @ 1.80

$UVXY #CoveredCalls – Sold UVXY…

$UVXY #CoveredCalls
Sold UVXY JAN 13 2017 11.5 Calls @ 0.31
Sold UVXY JAN 13 2017 12.5 Calls @ 0.22

$CF #CoveredCalls – Sold CF…

$CF #CoveredCalls – Sold CF JAN 20 2017 35.0 Calls @ 0.49.
Over-writing at the 35 strike price for the next several weeks.