#ShortPuts #IRA – Sold PSA JUN 15 2018 160.0 Put @ 2.50
This would get the stock at 157.50 raising the divvy yield to 5.1%
Tag Archives: IRA
DIS Whiz style
#SyntheticStock #IRA – 2020 LEAPS out so plenty of time to sell the crap out of this one. Earnings in a couple weeks so some good premium to get started with…
Synthetic stock in Jan 2020 for .58 credit:
Sold DIS JAN 17 2020 100.0 Puts @ 11.65
Bought DIS JAN 17 2020 100.0 Calls @ 11.07
Applying the .58 credit to help buy the disaster puts:
Bought DIS JAN 17 2020 90.0 Puts @ 7.18
In the 2020 position for 6.60 debit. Disaster puts are 10 points under the synthetic so max risk in the entire trade is 16.60. Should easily sell 4 to 5 times that much in front month weeklies if DIS goes nowhere and the trade runs the full 116 weeks. That works out to only needing to sell 14 cents a week to cover max loss.
So:
Sold DIS NOV 3 2017 99.5 Calls @ .36
$SVXY #ShortPuts #IRA – Keeping…
$SVXY #ShortPuts #IRA – Keeping my timeframe short
Sold SVXY Nov 3 2017 69.0 Puts @ 0.41
Sold SVXY Nov 3 2017 68.0 Puts @ 0.41
Sold SVXY Nov 10 2017 60.0 Puts @ 0.51
$DUST #ShortPuts #IRA – Bought…
$DUST #ShortPuts #IRA – Bought to close 1 DUST Dec 15 2017 14.0 Put @ 0.05. It won’t trade any lower.
Originally sold on 09/07/17 at 1.10.
SVXY
#ShortPuts #IRA – These have barely moved today so booking them and hopefully getting to re-load a little nearer term.
Bought to Close SVXY NOV 17 2017 65.0 Put @ .75 (sold for 2.63)
Bought to Close SVXY DEC 15 2017 35.0 Puts @ .38 (sold for 1.15)
Bought to Close SVXY JAN 19 2018 35.0 Put @ .85 (sold for 2.45)
Bought to Close SVXY MAR 16 2018 35.0 Put @ 1.30 (sold for 3.25)
KMB
#FallingKnife #IRA #Dividends – Maybe a decent place to buy it if she keeps falling…
Sold KMB APR 20 2018 105.0 Put @ 3.00
CELG
#ShortPuts #IRA – Thanks @jsd501 !
Sold CELG APR 20 2018 100.0 Put @ 2.30
Sold CELG APR 20 2018 95.0 Put @ 1.60
GWW
#ShortPuts #IRA – Following @Iceman …. just a couple strikes higher.
Sold 1 GWW APR 20 2018 160.0 Put @ 3.80
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
#SyntheticStock #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
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
$DUST #CoveredCalls #IRA – rolled…
$DUST #CoveredCalls #IRA – rolled out to next week’s calls on the opening this morning
Bought to close DUST OCT 6 2017 27.0 Calls/Sold DUST OCT 13 2017 27.0 Calls @ 0.25 Credit
Bought to close DUST OCT 6 2017 27.5 Calls/Sold DUST OCT 13 2017 27.5 Calls @ 0.20 Credit
EFX
#ShortPuts #IRA – Played the bounce on this thing in a couple different accounts. Pretty happy capturing over half of max in all cases. Going flat now and will be looking for an earnings trade on it.
Bought to Close 1 EFX Apr 20 2018 55.0 Put @ .75 (sold for 2.25)
Bought to Close 1 EFX Apr 20 2018 60.0 Put @ .91 (sold for 2.20)
UVXY
The #LongPutDiagonals may be slightly disappointing with their performance but these sure aren’t!
Bought to Close UVXY OCT 20 2017 50.0/65.0 Bear Call Spreads @ .08 (sold for 1.20)
TAP
#ShortPuts #IRA – Thanks @Iceman !
Sold TAP Jan 19 2018 77.5 Put @ 2.05
Sold TAP Jan 19 2018 75.0 Put @ 1.42
Sold TAP Apr 20 2018 75.0 Put @ 2.64
Sold TAP Apr 20 2018 70.0 Put @ 1.53
NVDA URI WDC WYNN
#401k #IRA – Going thru some long term positions that were more delta plays as opposed to theta. Clearing the decks just a little to make room for some #Earnings possibilities or the occasional #FallingKnife opportunity.
Bought to Close NVDA JAN 19 2018 110.0 Put @ .81 (sold for 2.50)
Bought to Close NVDA JAN 19 2018 120.0 Put @ 1.39 (sold for 4.25)
Bought to Close URI JAN 19 2018 75.0 Put @ .35 (sold for 2.30)
Bought to Close URI JAN 19 2018 80.0 Put @ .48 (sold for 3.10)
Bought to Close URI JAN 19 2018 85.0 Put @ .64 (sold for 4.20)
Bought to Close WDC JAN 19 2018 70.0 Put @ 1.43 (sold for 2.70)
Bought to Close WDC JAN 19 2018 75.0 Put @ 2.43 (sold for 3.95)
Bought to Close WYNN JAN 19 2018 100.0 Puts @ .62 (sold for 2.70)
SVXY
#IRA #ShortPuts – Taking off my highest strikes for nice profits. After this, 35 is my highest strike still sitting out there.
Bought to Close SVXY DEC 15 2017 50.0 Put @ 1.72 (sold for 4.40)
Bought to Close SVXY DEC 15 2017 45.0 Put @ 1.32 (sold for 3.63)
Bought to Close SVXY DEC 15 2017 40.0 Put @ 1.00 (sold for 2.77)
SVXY
#CoveredCalls #IRA – Still trading around a few shares…
Bought to Close SVXY SEP 22 2017 90.0 Calls @ .03 (sold for .60)
Sold SVXY SEP 29 2017 91.5 Calls @ 1.03
Actual trade was a roll up 1.5 points for a 1.00 credit. Picking up 2.50 of upside…
SVXY
#ShortPuts #IRA
STO $SVXY Nov 17 70 put @ 2.96 when $SVXY @ 89.34.
AAPL
#IRA #ShortPuts – No position in this thing so starting one well below the 200ma.
Sold AAPL JAN 19 2018 140.0 Put @ 3.83
Sold AAPL FEB 16 2018 135.0 Put @ 3.70
Sold AAPL APR 20 2018 130.0 Put @ 3.56
UVXY
EFX
#ShortPuts #IRA – Adding 5 points lower than yesterday at slightly higher premium.
Sold 1 EFX Apr 20 2018 55.0 Put @ 2.25
AMZN
#LongCallDiagonals #IRA – She’s looking like she wants to go higher here. Making an early roll of my front month sale to a much higher strike and into the week before earnings. This leaves earnings week for a nice roll into the high IV if needed.
Rolled AMZN SEP 29 2017 975.0 Call to OCT 20 2017 990.0 Call @ .46 credit
EFX
#ShortStrangles – Sold a naked put in the #IRA yesterday. Selling this in the regular account. Strikes slightly modified from TT this morning.
Sold 1 EFX OCT 20 2017 75.0/105.0 Strangle @ 5.40
NUGT
#LongPutDiagonals #IRA – Gonna go ahead and roll this now. 2019 #SyntheticShort looking good.
Rolled NUGT SEP 15 2017 40.5 Puts to SEP 29 2017 38.5 Puts @ even
$DUST #ShortPuts #IRA – Sold…
$DUST #ShortPuts #IRA – Sold DUST Oct 20 2017 14.0 Puts @ 0.40 with the stock at 19.03. Lowest available strike.
UVXY
$SVXY #ShortPuts #IRA #RollDown -split…
$SVXY #ShortPuts #IRA #RollDown -split my remaining ITM short puts into two pieces to spread the risk on the opening this morning.
Bought to close SVXY AUG 25 2017 79.0 Puts @ 2.03 – took a nice gain on these
Sold SVXY Sep 1 2017 76.0 Puts @ 2.13
Sold SVXY Sep 8 2017 73.0 Puts @ 2.13
AMZN
#LongCallDiagonals #IRA – Setting up another week…
Bought to Close AMZN AUG 25 2017 957.5 Call @ .16 (sold for 13.50)
Sold AMZN SEP 1 2017 955.0 Call @ 7.36
UVXY
UVXY
$SVXY #ShortPuts #IRA – I’m…
$SVXY #ShortPuts #IRA – I’m rolling more puts with big gains in them.
Bought to close SVXY Aug 25 2017 80.0 Puts/Sold SVXY Sep 8 2017 75.0 Puts @ 0.50 Credit
Originally sold at 11.42 on a rollout on Aug 11.
$SVXY #ShortPuts #IRA – echoing…
$SVXY #ShortPuts #IRA – echoing Jeff’s concerns about this being a head fake rally I’m rolling more of my ITM and near ITM puts with big gains in them.
Bought to close SVXY Aug 25 2017 79.0 Puts/Sold SVXY Sep 15 2017 69.0 Puts @ 0.20 Credit – a 10 point improvement.
Originally sold at 10.32 on another rolldown
UVXY
UVXY Call Spreads
Took advantage of some strength today to exit the last of my UVXY call spreads.
BTC Sep 1 $35/$36 Call Spreads for even
BTC Aug 25 $30/$35 Call Spreads for $400 loss, was only short a couple and loss was manageable.
I “hoped” that we’d see a nice rebound this morning and I’d be able to exit these for even better prices. I just don’t trust the market right now, don’t like that it just can’t rally. I put on the spreads as a defined risk way of playing the decay of $UVXY, and it worked just as expected limiting the impact on the account during a spike. What is different this time was the 2nd spike very close to the first one, and now it would appear that everyone is timid and the market is just not able to rally. Volatility is remaining somewhat elevated for a longer period of time causing these positions to be problematic. When these stay in the money and get near expiration, theta is really working against you and to roll as a vertical for a credit you have to make the spread incredibly wide, so I just cleared out of these.
SVXY
#IRA – Moving out to March…
Sold SVXY MAR 16 2018 35.0 Put @ 3.25
UVXY
#IRA – First ones in this expiration…
Sold UVXY SEP 29 2017 50.0/61.0 Bear Call Spreads @ 1.42
UVXY
#IRA – Adding to an existing position at higher premium…
Sold UVXY MAR 16 2018 40.0/50.0 Bear Call Spread @ 1.70
UVXY
#IRA – Adding a new position. Staying small since the only way to roll these for a credit if they end ITM is to widen or add contracts.
Sold UVXY DEC 15 2017 50.0/60.0 Bear Call Spreads @ 1.18
SVXY
#ShortPuts #IRA – Adding a couple…
Sold SVXY DEC 15 2017 50.0 Put @ 4.40 (top of my ladder)
Sold SVXY JAN 19 2018 35.0 Put @ 2.45
UVXY
NVDA
#ShortPuts – Small in the #IRA replacing the ones closed earlier this week. These are right around the 200ma…
Sold NVDA JAN 19 2018 110.0 Put @ 2.50
Sold NVDA JAN 19 2018 120.0 Put @ 4.25
NVDA
#IRA #ShortPuts – Another one I missed earlier this week. They were pretty profitable so didn’t want to hold through earnings.
Bought to Close NVDA JAN 19 2018 100.0 Put @ 1.08 (sold for 3.50)
Bought to Close NVDA JAN 19 2018 110.0 Put @ 1.80 (sold for 5.50)
UVXY
UVXY
$SVXY #ShortPuts #IRA #Scalptrade -…
$SVXY #ShortPuts #IRA #Scalptrade – using up some IRA buying power
Sold SVXY Aug 11 2017 75.0 Puts @ 0.49
Sold SVXY Aug 11 2017 73.5 Puts @ 0.31
Sold SVXY Aug 11 2017 72.0 Puts @ 0.30
These expire Friday
SVXY UVXY
Busy most of the week but popping in for a second…
#IRA #ShortPuts – Freeing up a ton of margin just in case…booking these that still have nice profits. Hopefully we’ll get MUCH better entries soon!
Bought to Close SVXY SEP 15 2017 42.5 Puts @ .50 (sold for 1.15)
Bought to Close SVXY SEP 15 2017 45.0 Puts @ .57 (sold for 1.27)
Bought to Close SVXY JAN 19 2018 30.0 Puts @ 1.40 (sold for 2.00)
Bought to Close 10 UVXY1 JAN 18 2019 5.0/15 .0 Bear Call Spreads @ 1.70 (sold for 2.92)
EWZ
#LongCallDiagonals #IRA – Appears to be running out of steam so booking a nice winner and freeing up a sizable chunk of margin.
Sold to Close EWZ JAN 18 2019 30.0 Calls @ 9.50
Bought to Close EWZ JAN 18 2019 25.0/20.0 Bull Put Spreads @ .75
Bought to Close EWZ AUG 18 2017 37.0 Calls @ 1.07
Bought to Close EWZ SEP 15 2017 36.0 Calls @ 2.23
After front month premium factored in, a gain of 1.90 each on a good size chunk of contracts. Will definitely re-load this on a pullback.
WDC
#ShortStrangles #ShortPuts #IRA – I wanted a chance to get in. Looks like I got it…
Sold WDC JAN 19 2018 75.0 Put @ 3.95
Sold WDC JAN 19 2018 70.0 Put @ 2.70
And in regular account:
Sold WDC SEP 15 2017 80.0/95.0 Strangle @ 2.90
WYNN
#IRA #ShortPuts – Thanks @jsd501 !
Sold WYNN JAN 19 2018 100 Puts @ 2.70
CAT
#IRA #ShortPuts – Freeing up quite a bit of margin for a few cents…
Bought to Close CAT JAN 19 2018 60 Puts @ .17 (Sold for 1.30)
VRX
#Earnings coming in a couple weeks and I’m planning on something fairly aggressive to the long side in an #IRA so booking my #LongCallDiagonals for nice profits in a different account…
Sold to Close VRX JAN 18 2019 10.0 Calls /// Buy to Close VRX AUG 18 2017 18.0 Calls @ 8.06 credit (bought for 4.78)
Leaving the 7.5/5.0 Bull put spreads on for now…
SVXY
#ShortPuts #IRA – Freeing up some buying power…
Bought to Close SVXY AUG 18 2017 45.0 Puts @ .10 (sold for 1.15)
UVXY
#VXXGame #BearCallSpreads #IRA – Added a few…
Sold UVXY JAN 18 2019 10.0/25.0 Bear Call Spreads @ 5.34
URI
UVXY
Missed one yesterday in an #IRA –
Bought to Close UVXY1 JAN 19 2018 30.0/40.0 Bear call spreads @ .15 (sold for 1.75)
UVXY
SVXY
#ShortStrangles – Sold SVXY AUG 18 2017 80.0/180.0 Strangle @ 3.55
$SVXY #ShortPuts – some more…
$SVXY #ShortPuts – some more small #IRA trades –
Sold 1 SVXY Jul 28 1017 95.0 Put @ 1.18
Sold 1 SVXY Aug 11 2017 80.0 Put @ 1.18
$SVXY #ShortPuts – some #IRA…
$SVXY #ShortPuts – some #IRA cash backed trades –
Sold SVXY Jul 28 2017 90.0 Puts @ 0.98
Sold SVXY Aug 11 2017 85.0 Puts @ 1.40
Sold SVXY Aug 18 2017 85.0 Puts @ 1.70
UVXY Vertical
Taking a page from @fuzzballl
STO Jan18 $10/$5 call spreads @ $2.00. Has a great chance of closing early for near max profit and limited downside if something goes haywire.
$SVXY #ShortPuts #IRA #OptionLadder -…
$SVXY #ShortPuts #IRA #OptionLadder – in some IRA accounts that still had a little unused cash –
Sold SVXY JUN 30 2017 137.0 Puts @ 0.35 – Expires tomorrow
Sold SVXY JUL 21 2017 111.0 Puts @ 1.60
Sold SVXY JUL 21 2017 107.0 Puts @ 1.30
Sold SVXY JUL 28 2017 90.0 Puts @ 1.09
SVXY
#IRA #LongCallDiagonals – Whiz style…was gonna do this after the split but taking advantage of the pullback now. One quarter position size just in case the drop accelerates.
Bought SVXY JAN 18 2019 150.0 Call @ 50.53
Sold SVXY JAN 18 2019 100.0/80.0 Bull Put Spread @ 7.03
And:
Sold SVXY JUL 14 2017 165.0 Call @ 3.00
Total position is a net debit of 40.50 with 81 weeks to run…need to collect .50 per week on the front month calls to breakeven.
SVXY
#ShortPuts #IRA – Sold SVXY SEP 15 2017 90.0 Put @ 2.55
REGN
#IRA #ShortPuts – Sold REGN JAN 19 2018 350.0 Put @ 5.90
UVXY
In anticipation of the next split I’m selling the rest of this position. Order has been in for awhile but wasn’t getting filled so came down a nickel…throw ’em in the drawer and check in six months. Got 2.92 for the first batch…taking a little less here.
#IRA #VXXGame – Once we get another reverse split and a little more drop after that I’ll cover these. Looking for 50 percent of max…
Sold UVXY JAN 18 2019 5.0/15.0 Bear call spreads @ 1.92
EWZ
#RiskReduction #ShortStrangles – It’s been a pretty good ticker this year so not gonna press my luck with the weakness today. Keeping my long term position in the #IRA but closing the nearer term strangles for small profit.
Bought to Close EWZ JUL 21 2017 31.0/37.0 Strangles @ .67 (sold for .82)
NVDA
#ShortPuts #IRA – Out all day yesterday but had a couple fills…
Sold NVDA Jan 19 2018 100.0 Put @ 3.50
Sold NVDA Jan 19 2018 110.0 Put @ 5.50
$SVXY #ShortPuts #IRA – Put…
$SVXY #ShortPuts #IRA – Put sales for THIS week with the stock at 153
Sold SVXY Jun 16 2016 112.0 Puts @ 0.55
Sold SVXY Jun 16 2016 113.0 Puts @ 0.60
Sold SVXY Jun 16 2016 114.0 Puts @ 0.65
UAA
#CoveredCalls #IRA – Sold UAA Jan 19 2018 30 Calls @ .42
$SVXY #ShortPuts – More trades…
$SVXY #ShortPuts – More trades in an #IRA
Sold SVXY JUN 23 2017 97.0 Puts @ 0.47
Sold SVXY JUN 16 2017 112.0 Puts @ 0.36
Options Bistro 