T

#FallingKnife #IRA – Could be a long term hold. Dividend over 5 percent now with the selloff.

Sold T APR 20 2018 35.0 Puts @ 1.47

HIMX lottery ticket

#LongCallDiagonals #IRA -For lack of anything better to do I’m putting on a cheap long shot that a buddy of mine has been talking about for awhile. It caught a downgrade this morning so pulling back enough for an entry.

Going synthetic long stock with the 2019 LEAPS and buying protection slightly below that. With the skew the initial position was only a .06 debit. Selling front month calls also a couple weeks out.

Bought to Open HIMX JAN 18 2019 10.0 Calls @ 2.49
Sold to Open HIMX JAN 18 2019 10.0 Puts @ 2.99

Bought to Open HIMX JAN 18 2019 5.0 Puts @ .56

That’s .06 out of pocket but still a 5 dollar downside risk if this thing goes to zero….(you never know)

Then:

Sold to Open HIMX OCT 27 2017 10.0 Calls @ .25

Capping my upside slightly but even if HIMX goes nowhere and the front months average .10 it’s still a nice winner by the end of the run…

UVXY

#VXXGame – Cleaning up a few stragglers in the #IRA freeing up more margin.

Bought to Close UVXY NOV 17 2017 50.0/65.0 Bear Call Spreads @ .20 (sold for 1.17)
Bought to Close UVXY DEC 15 2017 50.0/60.0 Bear Call Spreads @ .26 (sold for 1.20)

GIS

#ShortPuts #IRA – Using @Iceman ‘s idea on K but using GIS since I’m a Cheerios fan. 🙂 🙂 This would be a long term hold if I get the stock…

Sold 2 GIS Apr 20 2018 47.5 Puts @ 1.62

$SLV #ShortPuts #IRA – Bought…

$SLV #ShortPuts #IRA – Bought to close SLV Dec 29 2017 13.0 Puts @ 0.01. They won’t trade any lower and they don’t expire until year-end.
Sold on 05/08/2017 @ 0.24

AZO

#ShortPuts #IRA -Looks like she might be rolling over after a nice run. Held this all the way through the dip so finally booking it and freeing up a ton of margin…

Bought to Close AZO DEC 15 2017 500.0 Put @ 4.40 (sold for 10.00)

UVXY

#BearCallSpreads #IRA – I’ve closed a few of these over the last couple weeks. Re-selling a little lower with some starters…

Sold UVXY MAR 16 2018 20.0/30.0 Bear Call Spreads @ 1.56
Sold UVXY JUN 15 2018 25.0/35.0 Bear Call Spreads @ 1.21