$UVXY #CoveredCalls #IRA – Sold the following for this week in various IRA accounts. No margin pressure, and easy to roll if they get in the money.
UVXY AUG 19 2016 24.5 Calls @ 0.21
UVXY AUG 19 2016 25.0 Calls @ 0.20
UVXY AUG 19 2016 25.5 Calls @ 0.18
UVXY AUG 19 2016 26.0 Calls @ 0.15
Tag Archives: IRA
$UVXY #CoveredCalls #IRA – these…
$UVXY #CoveredCalls #IRA – these are easy to roll if they go in the money (which I hope happens)
Sold UVXY AUG 12 2016 26.0 Calls @ 0.20
Sold UVXY AUG 12 2016 26.5 Calls @ 0.16
Sold UVXY AUG 12 2016 27.0 Calls @ 0.12
Sold UVXY AUG 12 2016 28.0 Calls @ 0.11
Sold UVXY AUG 19 2016 34.0 Calls @ 0.21
$NUGT #ShortPuts #IRA – bought…
$NUGT #ShortPuts #IRA – bought these two positions back at minimum value with no commission. This frees up cash in an IRA for other puts sales.
Bought to close 1 NUGT SEP 16 2016 29.0 Put @ 0.05 – originally sold for 2.50 on 05/19/2016
Bought to close 1 NUGT SEP 16 2016 28.0 Put @ 0.05 – also sold for 2.50 on 05/19/2016
So almost a $500 gain on a $5200 cash basis (taking into account the premiums up front) in 2.5 months. Not bad 🙂
I wish they were all this easy.
$UVXY #CoveredCalls #IRA – forgot…
$UVXY #CoveredCalls #IRA – forgot one – Sold UVXY AUG 5 2016 32.0 Calls @ 0.56.
Will roll if required, but no margin issues
$UVXY #CoveredCalls #IRA – since…
$UVXY #CoveredCalls #IRA – since these can easily be rolled, and are covered, I sold all these today with the stock between 27 and 27.50.
UVXY AUG 5 2016 31.5 Calls @ 0.54
UVXY AUG 5 2016 34.0 Calls @ 0.29
UVXY AUG 5 2016 37.0 Calls @ 0.17
UVXY AUG 5 2016 37.5 Calls @ 0.19
These will probably expire in 3 days
$SVXY #CoveredCalls #Rollup #IRA -…
$SVXY #CoveredCalls #Rollup #IRA – this would have been easier if SVXY had stayed near the opening price all day
Bought to close SVXY Jul 22 2016 56.0 Calls/Sold SVXY Aug 12 2016 58.5 Calls for a 0.25 Credit.
Bought to close SVXY Jul 22 2016 59.5 Calls/Sold SVXY Jul 29 2016 61.0 Calls for a 0.57 Credit.
$SVXY #CoveredCalls #Rollup #IRA =…
$SVXY #CoveredCalls #Rollup #IRA = starting my rolls for ITM Calls
Bought to close SVXY Jul 22 2016 56.5 Calls/Sold SVXY Aug 5 2016 59.0 Calls for a 0.50 Credit.
I added two weeks to my holding period but bumped the strike price up 2 1/2 points.
SVXY…more covered calls
I’ll plan on buying these back on the next volatility spike. If we don’t get it then they’re covered.
Sold SVXY JAN 20 2017 70.0 Call @ 6.50
Sold SVXY JAN 20 2017 75.0 Call @ 4.72
Sold SVXY JAN 20 2017 80.0 Call @ 3.30
$SVXY #CoveredCalls #OptionLadder #IRA -…
$SVXY #CoveredCalls #OptionLadder #IRA – keeping the cash flowing into a couple of IRA accounts, replacing positions that expired Friday.
Sold SVXY JUL 22 2016 59.5 Calls @ 0.65
Sold SVXY JUL 29 2016 60.0 Calls @ 1.20
Sold SVXY AUG 5 2016 60.0 Calls @ 1.95
Sold SVXY AUG 12 2016 65.0 Calls @ 0.80
Sold SVXY AUG 19 2016 65.0 Calls @ 1.10
SVXY closing puts
These were part of a short call reverse roll from awhile back so happy to have any profit. Taking them off now with VIX in the dump without much of an SVXY pop….things that make you go hmmm…LOL In an #IRA so freeing up lots of cash as well.
Bought to Close SVXY JUL 15 2016 55.0 Puts @ .25 (sold for .90 reverse roll)
IBB…playing it safe
Not holding out for the last nickel since it’s looking a little weak. Might even get a chance to reload today or tomorrow. In an #IRA so freeing up lots and lots of cash.
Bought to Close IBB JUL 15 2016 260.0 Puts @ .20 (sold for 3.20)
$ETE #ShortPuts #IRA – Sold…
$ETE #ShortPuts #IRA – Sold ETE Jul 15 2016 13.0 Puts @ 0.40
ETE…Lou over at OMM likes it
He suggested RLYP and it worked out nicely so I’ll follow again.
Sold ETE JUL 15 2016 14.0 Puts @ .65
$SVXY #CoveredCalls #Weeklys #IRA -…
$SVXY #CoveredCalls #Weeklys #IRA – Sold Jul 29 2016 60.0 Calls @ 0.50 with the stock at 48.83.
Sold these against stock I acquired via Put assignment Friday at 44.50
UVXY call spreads
Staying small and looking to add… #IRA
Sold UVXY AUG 19 2016 20/30 Bear call spreads @ .85
SVXY covered call
I’m betting I’ll get a chance to close this at a profit before December but if not, I’d let the stock go there.
Sold SVXY DEC 16 2016 75.0 Call @ 6.00
$NUGT #ShortPuts #IRA – Sold…
$NUGT #ShortPuts #IRA – Sold NUGT Jun 03 2016 55.0 Puts @ 0.40 in an IRA account. These replace last week’s strike 65 puts that expired Friday.
Only 4 days until expiration
$NUGT #ShortPuts #IRA – Sold…
$NUGT #ShortPuts #IRA – Sold 1 NUGT SEP 16 2016 28.0 Put @ 2.50
$NUGT #ShortPuts #IRA – Sold…
$NUGT #ShortPuts #IRA – Sold NUGT(Weekly) Jun 10 2016 50.0 Puts @ 0.90
$SVXY #CoveredCalls #IRA – Sold…
$SVXY #CoveredCalls #IRA – Sold SVXY May 27 2016 58.0 Calls @ 0.75. These expire Friday
$SVXY #CoveredCalls #IRA – Sold…
$SVXY #CoveredCalls #IRA – Sold SVXY JUN 24 2016 61.0 Calls @ 2.10
$NUGT #ShortPuts #IRA – Sold…
$NUGT #ShortPuts #IRA – Sold NUGT MAY 27 2016 65.0 Puts @ 0.65.
1% return on cash in 5 days
$SVXY $DUST #CoveredCalls #IRA -…
$SVXY $DUST #CoveredCalls #IRA – a couple of opening trades
Sold SVXY(Weekly) MAY 27 2016 59.0 Calls @ 0.40 – these expire Friday
Sold DUST(Weekly) JUN 10 2016 22.0 Calls @ 0.55 – these expire in 18 days – highest available strike
$SVXY #CoveredCalls #IRA #Rollup -…
$SVXY #CoveredCalls #IRA #Rollup – did the following roll after SVXY put on it’s typical Friday run higher
Bought to close SVXY May 20 2016 55 Calls @ 0.59 – originally sold @ 2.19 on an earlier rollup
Sold SVXY (Weekly) Jun 10 2016 60 Calls @ 1.24 – bumped the strike price up 5 points plus a 0.65 credit
RLYP covered calls
In the #IRA :
Bought to Close RLYP MAY 20 2016 15.0 Calls @ .05 (sold for 1.30)
Sold RLYP JUN 17 2016 15.0 Calls @ 1.90
Cost basis now down to 11.15.
$NUGT #ShortPuts #OptionLadder #IRA -…
$NUGT #ShortPuts #OptionLadder #IRA – in case this plunge in NUGT is only temporary …
Sold NUGT MAY 27 2016 55.0 Puts @ 0.60 – expires next week
Sold NUGT JUN 3 2016 50.0 Puts @ 0.80
Sold NUGT JUN 17 2016 40.0 Puts @ 0.90
Sold 1 NUGT SEP 16 2016 30.0 Put @ 2.50
Sold 1 NUGT SEP 16 2016 29.0 Put @ 2.50
$UVXY #ShortPuts #IRA – Sold…
$UVXY #ShortPuts #IRA – Sold UVXY May 20 2016 11.5 Puts @ 0.12. These expire Friday and represent a 1% return on cash in 5 days with the stock currently at 13.
$SVXY #CoveredCalls #IRA – sold…
$SVXY #CoveredCalls #IRA – sold these this morning, replacing calls that expired Friday.
Sold SVXY(Weekly) Jun 03 2016 59.0 Calls @ 1.45
Sold SVXY(Weekly) Jun 03 2016 60.0 Calls @ 1.30
Sold SVXY(Weekly) Jun 10 2016 59.0 Calls @ 2.15
$SVXY #CoveredCalls #IRA #Rollout -…
$SVXY #CoveredCalls #IRA #Rollout – SVXY is putting on it’s typical Friday rally. Rolling out some covered calls to avoid assignment tonight.
Bought to close SVXY MAY 13 2016 55.0 Calls/ Sold SVXY JUN 10 2016 59.0 Calls for an 0.86 Net Credit
$SVXY #CoveredCalls #IRA – sold…
$SVXY #CoveredCalls #IRA – sold these this morning after similar calls expired on Friday
Sold SVXY May 13 2016 56.0 Calls @ 0.65
Sold SVXY May 20 2016 58.0 Calls @ 0.70
Sold SVXY Jun 10 2016 59.0 Calls @ 1.70
$SVXY #CoveredCalls #IRA – sold…
$SVXY #CoveredCalls #IRA – sold the following, replacing calls that expired on Friday
Sold SVXY May 06 2016 56.0 Calls @ 0.63 – these expire Friday
Sold SVXY May 13 2016 58.0 Calls @ 0.79
$SVXY #CoveredCalls #IRA #Rollup -…
$SVXY #CoveredCalls #IRA #Rollup – I don’t know what it is about Friday’s, but SVXY is always strong
Bought to close SVXY Apr 22 2016 53.5 Calls @ 0.61
Sold SVXY Apr 29 2016 56.0 Calls @ 0.81
We will see if SVXY can make a new recovery high by next week.
$SVXY #CoveredCalls #IRA #Rollup -…
$SVXY #CoveredCalls #IRA #Rollup – rolled this up to avoid possible assignment tonight
Bought to close SVXY Apr 22 2016 53.0 Calls @ 0.62 – sold for 0.70 on 4/11/16
Sold SVXY May 13 2016 56.0 Calls @ 1.87 – added 3 points to the strike price plus 1.25 credit.
SVXY puts
Sold SVXY MAY 20 2016 40.0 Puts @ 1.80
SVXY roll
$SVXY #CoveredCalls #IRA #Rollup – Following Iceman…rolled this week’s 48 covered calls out and up to next week’s 49 calls @ .45 credit. Picking up a little cash and another possible point upside in the stock.
$SVXY #CoveredCalls #IRA #Rollup –…
$SVXY #CoveredCalls #IRA #Rollup – Trade at the open to avoid possible assignment tonight –
Bought to close SVXY Apr 01 2016 47.5.0 Calls @ 1.60
Sold SVXY Apr 15 2016 50.0 Calls @ 1.90 – I pushed the strike out 2 weeks and up 2.5 points for a 0.30 credit.
Positions I rolled yesterday were obviously done too early, but I will reap the rewards of those rolls throughout the month of April.
$SVXY #CoveredCalls #IRA #Rollup –…
$SVXY #CoveredCalls #IRA #Rollup – also got this done.
Bought to close SVXY Apr 01 2016 49.0 Calls @ 1.86
Sold SVXY Apr 15 2016 51.0 Calls @ 2.17 – pushed the strike out 2 weeks and up 2 points for a 0.31 credit
$SVXY #CoveredCalls #IRA #Rollup -…
$SVXY #CoveredCalls #IRA #Rollup – got these done too.
Bought to close SVXY Apr 01 2016 48.5 Calls @ 2.23
Sold SVXY Apr 08 2016 49.5 Calls @ 2.43 – pushed the strike out a week and up a point for a 0.20 credit
Bought to close SVXY Apr 01 2016 48.5 Calls @ 1.83
Sold SVXY Apr 22 2016 51.0 Call @ 2.53 – pushed the strike out 3 weeks and up 2.5 points for a 0.70 credit
SVXY covered calls
In the #IRA – rolled SVXY 40 calls out to April 42’s for even. Going for a couple more bucks of upside.
BIB stock and covered calls
Bought stock around 41 last week so going for a quick cover and an extra buck. This is in an #IRA that I just got options approval on today. 🙂
Sold BIB Mar 18 2016 42.0 Calls @ 1.04
UVXY call spreads
Crazy week here away from the market but enjoying the volatility collapse!
Bought to Close UVXY MAR 4 2016 50/60 Bear call spreads @ .05 (sold for 1.20)
This was in an #IRA so frees up quite a bit of margin. Thinking about possibly using the extra margin to close the long side of some 35/32 bull put spreads. This would accomplish a couple things. The 35’s would then be much easier to roll out and down if needed and allow me to book a nice profit on the longs (a 3 bagger). Downside is UVXY could continue tanking but since I was gonna roll the spread anyway think I’ll book the long side.
SVXY
Busy all day today…did manage to sell some covered calls in the #IRA ….
Sold SVXY MAR 18 2016 40.0 Calls @ 1.50
UVXY BIB
Just checking in…not much going today. UVXY 45/55 call spread in #IRA I’ll be watching closely this afternoon. Picked up a little BIB stock at 40.25 for a flip on the next nice up day also. Was in and out of a /VX VIX future this morning for a scratch at 23.15.
Good luck everyone…looks like it’s shaping up to be a quiet day. (famous last words…LOL!)
UVXY puts
Phone trading again from gate D42 MIA. Lol…
Closed Feb 38 puts @ 06. Sold for 2.26 after multiple roll ups.
Sold Mar week 2 35 puts @ 1.15. A little late to the party but following Jeff.
Like the spread idea also. Trying for monthly 35/32 @ .75 in #IRA.
$UVXY #ShortPuts #ScalpTrade – since…
$UVXY #ShortPuts #ScalpTrade – since I am short many calls and no longer long any stock …
Sold UVXY Feb 05 2016 36.0 Puts @ 0.23
Sold UVXY Feb 05 2016 35.5 Puts @ 0.16
Sold UVXY Feb 05 2016 35.0 Puts @ 0.11
The strike price is below any price hit since mid- January. These expire Friday.
UVXY call spreads
Full position now in both months…
Sold UVXY FEB 19 2016 60/70 Bear call spreads @ 1.10
Sold UVXY MAR 18 2016 65/75 Bear call spreads @ 1.25
$DUST #CoveredCalls #IRA – Sold…
$DUST #CoveredCalls #IRA – Sold DUST Feb 19 2016 27.0 Calls @ 1.41. Assignment of these would take me out of the stock position with a nice gain.
$SVXY #ShortPuts #IRA – Sold…
$SVXY #ShortPuts #IRA – Sold 1 SVXY Jan 20 2017 30.0 Put @ 6.70. Adding to my position.
Also Sold SVXY Jun 17 2016 23.0 Puts @ 1.90. This is the lowest strike price available for any month and, with just a bit over 5 months to expiration, is the safest SVXY Put sale in my opinion.
$SVXY #ShortPuts #IRA – Sold…
$SVXY #ShortPuts #IRA – Sold 1 SVXY Jan 20 2017 25.0 Put @ 4.20.
$SVXY #ShortPuts #IRA – Sold…
$SVXY #ShortPuts #IRA – Sold 1 SVXY Jan 20 2017 30.0 Put @ 6.20. Over 20% return on cash in a IRA account
UVXY call spreads #IRA
Replacing some Jan’s that should expire next week in the #IRA …
Sold UVXY FEB 19 2016 45/55 Bear call spreads @ 1.20
$SVXY #CoveredCalls #IRA – Sold…
$SVXY #CoveredCalls #IRA – Sold SVXY Feb 19 2016 65.0 Calls @ 1.25
$SVXY #CoveredCalls #IRA – so…
$SVXY #CoveredCalls #IRA – so between 3 and 3:30 Friday I bought SVXY in my “SVXY-Only” IRA at 44.30 and sold the Dec 11 45.0 Calls at 0.20. Since the stock closed above 45, I expected to be assigned, but I was not.
S0… on the opening this morning I sold the Dec 18 53.0 Calls at 0.55 against my long stock.
Sometimes you catch a break 🙂
SVXY put #IRA
#IRA – Just one for now…
Sold 1 SVXY JAN 15 2016 55.0 Put @ 4.80
UVXY Call spreads
Closing a sizable position in my #IRA just in case a better opportunity comes along in next couple weeks. I held this thing all through the August turmoil even when it went completely ITM. After watching this and seeing how stress free it was I think all my UVXY call trades from now on will be spreads. I think I can put them on a little less often for shorter duration and get out of them quicker and with less risk than being exposed to naked positions for months at a time. I’ll still go naked once in awhile but pick my positions carefully (like a 200 strike a year out for 50 bucks…LOL)
This has been a great strategy in my IRA with no losers and no stress. I think I’ll carry this over to my regular account also…
Bought to Close UVXY DEC 18 2015 70/90 Bear call spreads @ .06 (sold for 1.10)
UVXY call spreads
#IRA – Sold UVXY DEC 18 2015 45/60 Bear call spreads @ .84
Options Bistro 