SPX trades

#SPXcampaign
Closed $SPX Nov 20th 2560/2585 call spreads for 17.15. Sold for 20.25 last Monday.
#ITM roll Sold Nov 27th 2570/2595 call spreads for 16.00.

Closed Nov 20th 2585/2560 put spreads for 6.40. Sold for 6.10 last Monday.
Not rolling yet. Watching for next strong move and will sell in that direction, or a condor.

Closed Nov 24th 2625/2650 call spreads for .40. Sold for 1.75 on Oct 27th.

SPX closures

#SPXcampaign These closed on GTC orders, on the downs then ups of the day…
$SPX July 7th 2455/2480 call spreads for .25. Sold for 4.25 on June 16th.
$SPX July 10th 2375/2350 put spreads for .25. Sold as part of a #CondorRoll for 5.60 on June 29th.

#ITM roll
Closed July 12th 2420/2445 call spreads for 13.75. Sold as part of an #IBroll for 18.85 on June 29th.
Sold to Open July 19th 2425/2450 call spreads for 14.00.

I’m leaving the put side of the #IronButterfly now, since it is currently OTM. Will keep an eye and roll it should we drop below 2410.

SPX call spreads sold

#SPXcampaign
Sold to Open $SPX April 3rd 2350/2375 call spreads for 17.10, as an #ITM roll from speed closed earlier
Sold to Open SPX March 24th 2385/2410 call spreads for 3.50, to make up the debit in the roll.

#OptionExpiration #Weeklys #Sep30 – If…

#OptionsExpiration #Weeklys #Sep30 – If the market had stayed weak for one more day it would have been more profitable, but the $DB news panic only lasted 24 hours. The VIX collapsed on Friday (again).

No assignments this week as I rolled the few #ITM positions up and out.

— Expirations —
ALXN Weekly Sep 30 2016 110 Puts
CF Weekly Sep 30 2016 30 Calls (Covered)
DUST Weekly Sep 30 2016 35 Calls
FCX Weekly Sep 30 2016 9.5 Puts

NKE Weekly Sep 30 2016 51 Puts (Earnings Play)
NKE Weekly Sep 30 2016 51.5 Puts (Earnings Play)
NKE Weekly Sep 30 2016 59 Calls (Earnings Play)

NUGT Weekly Sep 30 2016 14 Puts

SVXY Weekly Sep 30 2016 40 Puts
SVXY Weekly Sep 30 2016 80 Calls (Covered)

UVXY Weekly Sep 30 2016 21 Calls (Covered)
UVXY Weekly Sep 30 2016 22 Calls (Covered)
UVXY Weekly Sep 30 2016 22.5 Calls (Covered)
UVXY Weekly Sep 30 2016 23 Calls (Covered)
UVXY Weekly Sep 30 2016 23.5 Calls (Covered)
UVXY Weekly Sep 30 2016 24 Calls
UVXY Weekly Sep 30 2016 24.5 Calls
UVXY Weekly Sep 30 2016 25 Calls
UVXY Weekly Sep 30 2016 25.5 Calls
UVXY Weekly Sep 30 2016 26 Calls
UVXY Weekly Sep 30 2016 27 Calls
UVXY Weekly Sep 30 2016 30.5 Calls

WYNN Weekly Sep 30 2016 75 Puts

$SVXY #CoveredCalls #VXXGame #Rollup –…

$SVXY #CoveredCalls #VXXGame #Rollup – More rolls for this week’s #ITM positions.

Bought to close SVXY June 10 2016 60.0 Calls / Sold to Open SVXY Jul 15 2016 64.0 Calls at a 0.70 Credit
Bought to close SVXY June 10 2016 62.0 Calls / Sold to Open SVXY Jul 01 2016 66.0 Calls at a 0.40 Credit

I only have this week’s strike 65 calls left to cover but I may take assignment if the stock ends up above 65 on Friday.

$SVXY #CoveredCalls #VXXGame #Rollup -…

$SVXY #CoveredCalls #VXXGame #Rollup – More rolls for this week’s and next week’s #ITM positions.

Bought to close SVXY June 10 2016 59.0 Calls / Sold to Open SVXY Dec 16 2016 75.0 Calls at a 0.65 Credit
Bought to close SVXY June 17 2016 60.0 Calls / Sold to Open SVXY Jan 20 2017 80.0 Calls at a 1.10 Credit

I’ve really pushed my strike prices up to the point where I feel comfortable letting some stock go in the next few weeks if some short calls get me out above today’s high of around 66.50 including the premium received.