SPY TBT

#ShortPuts #CoveredCalls #LongPuts – A few.

SPY: Roll up for additional credit and a new sale.

Rolled SPY DEC 9 2022 395.0 Puts to DEC 9 2022 400.0 Puts @ .84 credit (4.00 and 5.90 total now)

Sold SPY DEC 16 2022 400.0 Put @ 4.70

TBT: Closing long puts. Keeping synthetic short stock in a different account.

Sold TBT JAN 17 2025 30.0 Puts @ 7.10 (bought for 6.10 average)

COIN SOXL UNG

#ShortPuts #LongPuts – Just catching up on a couple while out on the road. Next week is my bigger week…

COIN: Wild ride on this one so taking the gain here.
Bought to Close COIN OCT 8 2021 230.0 Put @ .70 (sold for 3.60)

SOXL: In a smaller account different from my short put positions.
Bought stock pre market @ 36.75 (one tenth position size)

UNG: Took profits on a batch of long puts.
Sold to Close UNG JAN 20 2023 10.0 Puts @ 1.15 (bought for .88 average)

UNG

#LongPuts – Taking a shot. Might eventually sell shorter term against them but waiting for now. Half position looking to add on any more big up moves.

Bought UNG JAN 20 2023 10.0 Puts @ .95

ENPH LULU NVDA

STC $ENPH 180 Feb-19-2021 #LongPuts @3.00

This was the long side of a #BuPS sold @1.50 on 2/16. Unless something changes radically, I’ll be assigned the stock on the 190 #ShortPuts at close tomorrow.

Rolled $LULU Feb-26-2021 360/370 #BeCS // Mar-05-2021 @0.50 Credit – was STO @1.25 on Feb 1.
Holding Feb-26-2021 325/335 #BuPS
Holding Mar-05-2021 330/340 #BuPS

BTC $NVDA Feb-26-2021 485/495 #BuPS @0.25. Was STO @2.00.

XRT

#LongPuts – More scalping. Now hoping for a huge GME rally into the close to get back in.

Bought 10 XRT JAN 21 2022 90.0 Puts @ 17.50 and 17.00
Sold 7 XRT JAN 21 2022 90.0 Puts @ 18.75 (rest of partial fill from earlier)

Bought 5 XRT JAN 21 2022 90.0 Puts @ 16.50 (filled at the open)
Sold 5 XRT JAN 21 2022 90.0 Puts @ 18.75

XRT

#LongPuts – Scalping around a bigger postion.

Bought 10 XRT JAN 21 2022 90.0 Puts @ 17.50 and 17.00
Sold 3 XRT JAN 21 2022 90.0 Puts @ 19.00 (partial fill)

XRT

#LongPuts – Trying to scalp around these a little. Only got a partial fill. (filled on all as I’m typing)

Sold XRT JAN 21 2022 90.0 Puts @ 20.00 and 20.25 (bought for 16.80 avg.)

XRT

#LongPuts – Makes me a little queasy to even type this but I’m adding to a long put position out in Jan 2022. Prices are all over the place so give it some room on any orders. Not adding any short term put sales yet.

Bought XRT JAN 21 2022 90.0 Puts @ 15.00, 16.00, and 17.50

XRT

#LongPuts – Taking @Ramie ‘s idea. Buying an at the money LEAP put and selling weekly against it.

Bought XRT JAN 21 2022 90.0 Put @ 17.77
Sold XRT FEB 5 2021 75.0 Put @ 2.22

Expiration

#bups
$AAPL 210/220
$AMZN 1900/1920

#shortcalls
$TWTR 37
$NVTA 20
$T 28

#shortputs
$PZZA 57.5 Thank you @jsd50101
$TWTR 35 Assigned
$DDOG 42 Assigned
$UBER 21
$MSFT 155
$PLAN 35
$XOP 35.50 Thanks @ramie77
$ENB 27.5
$UVXY 20 Thank you @jeffcp66
$PFE 35
$CODX 10 Thank you @honkhonk81

#LongPuts
$PTON BTO at 3.79. Ill be pedaling for a while to make this back.

SPCE SPY TNA XBI

#ShortPuts #LongPuts – A few early ones. Prices even better now.

SPCE: Nice gains on disaster puts applied to stock basis. Doesn’t look like it’s going to zero anymore.
Sold 20 SPCE JUL 17 2020 5.0 Puts @ .45 (bought for .10)

SPY: Stock should get called away today at 230.0 so starting a Friday position. Possibly add more after the (un) employment report.
Sold to Open SPY MAR 27 2020 230.0 Put @ 2.90

TNA: Trying to add at pretty low risk. Cuts basis of shares almost in half for easier recovery.
Sold TNA MAR 27 2020 16.0 Put @ 2.10

XBI: Roll up for more credit.
Rolled XBI APR 17 2020 60.0 Puts to APR 17 2020 65.0 Puts @ .75 credit (2.55 total now)

SMH

#LongPuts – Bought a bunch of these during the rally the other day. Mainly to help partially protect my SOXL position. Booking them here and I’ll use the gain to decrease the SOXL basis by another 12 dollars.

Sold to Close SMH JUN 19 2020 60.0 Puts @ .92 (bought for .35)

SLB again

#LongPuts – On second thought I’m only holding these long puts to protect in the event of a CH. 11 filing so booking profits and buying a bunch more cheapies that would get the position out at close to even if SLB disappears.

Rolled 10 SLB JUN 19 2020 17.5 Long Puts to 20 AUG 20 2020 5.0 Puts @ 1.96 credit (bought for .36)

I’ll apply all the long put profits to the basis in the stock…

SLB

#LongPuts – Bought a bunch of these a few weeks ago to protect some short puts with all the turmoil in the oil patch. Taking a little profit out but keeping plenty of protection.

Rolled SLB JUN 19 2020 17.5 Long Puts to JUN 19 2020 15.0 Puts @ 1.35 credit (bought for .36)

TLT

#LongPuts – Selling against long Jan 2022 puts…

Sold TLT MAR 20 2020 151.0 Puts @ .40

OMCLPuts

#longputs
$OMCL BTO 11/15 75 puts at 7.20. I hope they cheated.

Expired / BYND Puts

#spxcampaign
$SPX 2795/2770 BUPs STO at 1.30
$SPX 2795/2770 BUPs (Sold in two accounts by fortuitous happening, i.e. not paying attention) STO at 1.45
$SPX 2900/2875 BUPs STO at .85
$SPX 2795/2770 BECS STO at 1.15
Thank you @jeffcp66

#longputs
$BYND BTO 6/28 157.50 put at 5.95 Stock a little like my ekg. We will see.

BYND Quick Puts

#longputs
$BYND BTO 6/14 150 puts at 1.85 and STC 15 minutes later at 3.98. Stock often jumps in morning and has down periods approaching lunch and closing. Luck is important too! 😉

TNDM Closed Puts / TSLA Puts / Rolled NFLX Calls / PYX Covered Calls /

#shortputs
$TNDM BTC 5/31 69 puts at .75. Had sold for 4..08 on 5/20

#longputs
$TSLA BTO 1/17/2019 185 puts at 33

#coveredcalls
$NFLX BTC 5/31 367.50 calls and STO 6/7 357.50 calls at 4.01 added premium.
$PYX STO 6/21 22.5 calls at .05

UVXY

#LongPuts #LEAPS – Closed the last third of these earlier. Orders in to replace them at lower prices. Decided I’ll trade around these LEAPS for awhile instead of holding them until expiration.

Sold to Close 5 UVXY JAN 15 2021 50.0 Puts @ 28.15 (bought for 22.90 average)

UVXY

#LongPuts – Bought a bunch of these on the big spike in Dec and Jan. Have gradually reduced basis in them by selling call spreads and puts. Booking two thirds of them now and keeping enough to match my ITM short puts. Also using about a third of call premium received each month to finance the rolling down of the short puts until we get the next big spike.

Sold to Close 10 UVXY JAN 15 2021 50.0 Puts @ 29.30 (bought for 22.90)

CMG

#LongPuts – I had bought these as lottery tickets in a 401k with the plan of selling put spreads against them to pay them off. I’ve just been advised that spread trading will not be allowed in this account so walking away with the .30 loss. I could still set up the spread with two trades but refuse to pay Fidelity the extra commissions.

Sold CMG JAN 15 2021 210.0 Puts @ 1.50 (bought for 1.80)

CMG

#LongPuts – Lottery tickets here…

Bought CMG JAN 15 2021 210.0 Puts @ 1.70 and 1.85

#coveredcallcampaign #fallingknife #longputs Trades from…

#coveredcallcampaign #fallingknife #longputs Trades from yesterday and today
WYNN yesterday rolled 140 call to April for 1.25, WYNN tanking today
CPRI yesterday rolled March 22 call to April 12 for .66
EWZ sold short 100 shares for 41.57
MS bought long April 18, 40/35 BeCS
PFE sold April 18, 44 call, was supposed to be a covered call in an IRA, ended up in wrong account, for .26
CVS today sold April 18, 50 put for .86, thanks @ramie77
MET rolled 42.50 call to April 18 for .57
DB bought April 18, 9 put for .62

AAOI LABU MO STX TNA TQQQ UVXY

#CoveredCalls #ShortPuts #LongPuts #LEAPS – Various adjustments…

AAOI: Feels like a family member now…LOL Replacing this week’s expiration
Sold AAOI FEB 15 2019 17.5/22.5 Bear Call Spreads @ .46 (prior to earnings hopefully)

LABU:
Will be assigned stock at 56.60 basis

MO: LEAPS are now unhedged leading into earnings…(for now)
Bought to Close MO JAN 25 2019 50.5 Calls @ .02 (sold for .25)

STX:
Will be assigned a little more stock at 40.20 basis

TNA: Rolling covered calls and assignment
Rolled TNA Jan 18 2019 50.0 Call to Feb 22 2019 52.5 Call @ .01 credit
Will be assigned stock at basis of 62.70, 56.95, and 56.00

TQQQ: Booking covered calls. No new sales yet. (partial fill on this yesterday at .05 Grrrr!)
Bought to Close TQQQ Jan 18 2019 45.0 Calls @.40 (sold for 1.65)
Still watching a short 45.0 strike put. If assigned basis of 42.85

UVXY: Rolling ratio’d short puts down.
Rolled UVXY FEB 1 2019 72.5 Puts to MAR 15 2019 69.0 Puts @ .62 credit

UVXY

#LongPuts #LEAPS – Looking to sell again on a spike…

Bought to Close UVXY JAN 18 2019 80.0/85.0 Bear Call Spreads @ .05 (sold for 1.17)

UNG

#LongPuts #LEAPS -I’m a little disappointed in this one. It could’ve been a really good one but nat gas just imploded way faster than I thought was possible and my ratio was a little high on the put sales. On the bright side, between this and BOIL the Nov spike worked out ok.

Bought to Close UNG FEB 15 2019 29.0 Puts
Sold to Close UNG JAN 17 2020 28.0 Puts

All said and done it’s a .50 winner on a 15 lot…

#pietrade

EWW REGN TNA UVXY WYNN

#LongCalls #LongPuts #LEAPS – Rolling some and booking some….

EWW: Precautionary…
Bought to Close EWW JAN 4 2019 42.5 Calls @ .15 (sold for .36)

REGN: Selling against ITM bull put spreads…
Rolled REGN JAN 4 2019 385.0 Call to FEB 1 2019 405.0 Call @ .09 credit (should be prior to earnings)

TNA: Booking over sales early just in case the rally continues…
Bought to Close TNA JAN 11 2019 50.0 Calls @ .26 (sold for .90)
Bought to Close TNA JAN 11 2019 55.0 Calls @ .03 (sold for .82)

UVXY: Rolling short puts…long puts finally starting to help. Added a couple BeCS also…
Rolled UVXY JAN 4 2019 80.0 Puts to FEB 1 2019 72.5 Puts @ .65 credit
Rolled UVXY JAN 4 2019 81.0 Puts to FEB 15 2019 70.0 Puts @ .26 credit
Sold UVXY JAN 18 2019 80.0/85.0 Bear Call Spreads @ 1.17

WYNN: Booking over sales early just in case the rally continues…
Bought to Close WYNN JAN 11 2019 114.0/124.0 Bear Call Spreads @ .85 (sold for 1.05)

#longputs Buy another Jan 02…

#longputs
Buy another Jan 02 2510/2500 BePS for $7.50 while SPX below 2500, 15 minutes to go and looks promising.

more UVXY

#LongPuts #LEAPS – Just to take all risk off for tomorrow on this fairly aggressive position…

Bought to Close UVXY DEC 28 2018 81.0 Puts @ .20 (sold for 3.10 total after multiple roll ups)

UVXY

#LongPuts #LEAPS – Tomorrow’s look pretty safe so adding a starter a couple weeks out to give Mr. Market something to think about…

Sold UVXY JAN 11 2019 75.0 Puts @ 2.00

UVXY

#LongPuts #LEAPS – A small roll up for next week…

Rolled UVXY JAN 4 2019 70.0 Puts to JAN 4 2019 75.0 Puts @ .75 credit

SMH TQQQ UVXY WYNN

#LongCalls #LongPuts #LEAPS #CoveredCalls – Selling the rip again…

SMH: Double dip next week…
Bought to Close SMH JAN 4 2019 94.0 Calls @ .04 (sold for .55)
Sold SMH JAN 4 2019 86.0 Calls @ .70

TQQQ: Covered…
Sold TQQQ FEB 15 2019 40.0 Call @ 1.70

UVXY: Double and triple dips…
Rolled UVXY DEC 28 2018 75.0 Puts to DEC 28 2018 81.0 Puts @ .90 credit
Rolled UVXY JAN 4 2019 65.0 Puts to JAN 4 2019 75.0 Puts @ 1.13 credit

WYNN: Covered…
Sold WYNN JAN 18 2019 105.0 Call @ 1.80

OLED REGN UVXY

#LongCalls #LongPuts #LEAPS #BearCallSpreads -A couple late fills…

OLED:
Bought to Close OLED DEC 28 2018 105.0 Calls @ .05 (sold for 1.10)

REGN:
Bought to Close REGN DEC 28 2018 385.0 Call @ .10 (sold for 2.20)

UVXY:
Rolled UVXY JAN 4 2019 70.0 Puts to JAN 4 2019 75.0 Puts @ 1.14 credit

UNG

#LongPuts #LEAPS -Rolling weeklies down and out. 3×2 ratio against the long puts so working ok…

Rolled UNG JAN 4 2019 31.0 Puts to JAN 18 2019 30.0 Puts @ .01 credit

BOIL UVXY TQQQ

#LongCalls #LongPuts #LEAPS #BearCallSpreads – A few fills at the open…

BOIL:
Bought to Close BOIL MAR 15 2019 50.0/60.0 Bear Call Spreads @ 1.25 (sold for 3.00, 3.25, 4.27)

UVXY:
Bought to Close UVXY DEC 28 2018 65.0 Puts @ .07 (sold for 2.75)
Sold UVXY JAN 4 2019 70.0/60.0 Bull Put Spreads @ 1.00
Rolled UVXY JAN 4 2019 62.5 Puts to JAN 4 2019 70.0 Puts @ .82 credit

TQQQ:
Bought to Close TQQQ JAN 4 2019 47.0 Calls @ .05 (sold for .63 as BeCS)
Sold TQQQ JAN 18 2019 39.0/45.0 Bear Call Spreads @ .70

UVXY

#LongPuts #LEAPS – Quick scalp from the extra sale this morning and an aggressive sale for the short week…

Bought to Close UVXY DEC 28 2018 67.5 Puts @ .25 (sold this morning @ 1.00)

Sold UVXY DEC 28 2018 75.0 Puts @ 1.45

UVXY

#LongPuts #LEAPS – Adding back a few for the short week…

Sold UVXY DEC 28 2018 67.5 Puts @ 1.00

UVXY

#LongPuts #LEAPS – Got a little heavy in these so booking a little earlier…

Bought to Close UVXY DEC 28 2018 62.5 Puts @ .20 (sold for 1.60)

DG MO REGN SMH SOXL TNA TQQQ UVXY

#LongCalls #LongPuts #LEAPS #CoveredCalls – Managed to get a few more sold this morning. LEAPS are obviously struggling but getting some good basis reduction done on the 2021 positions. UVXY puts paying nicely so will receive the full benefit of those sales when it finally pulls back and the long puts start helping out. Nat gas short helping also…

DG:
Bought to Close DG DEC 21 2018 109.0 Calls @ .05 (sold for .60)
Sold DG JAN 25 2019 110.0 Calls @ .70

MO:
Sold MO JAN 11 2019 52.5 Calls @ .32

REGN:
Sold REGN JAN 4 2019 385.0 Call @ 2.30

SMH:
Sold SMH JAN 11 2019 91.0/96.0 Bear Call Spreads @ .71

SOXL:
Sold SOXL FEB 15 2019 95.0 Calls @ 7.00

TNA:
Bought to Close TNA DEC 21 2018 54.0 Calls @ .04 (sold for .62)
Sold TNA JAN 11 2019 50.0 Calls @ .90

TQQQ:
Bought to Close TQQQ DEC 28 2018 52.0 Calls @ .05 (sold for .72 as BeCS)

UVXY:
Bought to Close UVXY DEC 21 2018 62.5 Puts @ .05 (sold for 1.60)
Bought to Close UVXY DEC 28 2018 60.0 Puts @ .25 (sold for 1.55)
Sold UVXY JAN 4 2019 62.5 Puts @ 1.80
Sold UVXY JAN 4 2019 65.0 Puts @ 1.77

REGN RTN SMH SOXL TNA TQQQ UVXY WTW WYNN XBI

#LongCalls #LongPuts #LEAPS #CoveredCalls – Out most of the afternoon but managed to sell pretty hard into the morning rally. Sell the rip until it quits working…

REGN:
Bought to Close REGN DEC 21 2018 397.5 Call @ .10 (sold for 2.10)
Sold REGN DEC 28 2018 385.0 Call @ 2.20

RTN:
Sold RTN JAN 4 2019 175.0/185.0 Bear Call Spreads @ .62

SMH:
Bought to Close SMH DEC 21 2018 94.5 Calls @ .07 (sold for .58)
Sold SMH JAN 4 2019 94.0 Calls @ .55

SOXL: Covered but didn’t get a chance to sell a new batch…
Bought to Close SOXL DEC 21 2018 100.0 Calls @ .10 (sold for 12.35)

TNA:
Bought to Close TNA DEC 28 2018 60.0/70.0 Bear Call Spreads @ .06 (sold for .91)
Sold TNA JAN 11 2019 55.0 Calls @ .82

TQQQ: Some covered and some against LEAPS…
Bought to Close TQQQ DEC 21 2018 46.0 Calls @ .05 (sold for .82)
Bought to Close TQQQ DEC 21 2018 48.0 Calls @ .05 (sold for 2.05)
Sold TQQQ JAN 4 2019 47.0/52.0 Bear Call Spreads @ .63
Sold TQQQ JAN 4 2019 45.0 Call @ 1.60
Sold TQQQ JAN 18 2019 45.0 Calls @ 1.65

UVXY:
Rolled UVXY DEC 28 2018 57.5 Puts to DEC 28 2018 65.0 Puts @ 1.46 credit
Sold UVXY DEC 28 2018 60.0 Puts @ 1.55
Sold UVXY DEC 28 2018 62.5 Puts @ 1.60

WTW:
Sold WTW JAN 4 2019 46.0 Calls @ 1.00

WYNN: Some covered and some against LEAPS…
Sold WYNN JAN 11 2019 114.0/124.0 Bear Call Spreads @ 1.05
Sold WYNN JAN 11 2019 110.0 Call @ 2.18
Bought to Close WYNN DEC 21 2018 110.0 Call @ .05 (sold for 3.25)

XBI:
Bought to Close XBI DEC 28 2018 81.5 Calls @ .02 (sold for .40)
Bought to Close XBI DEC 28 2018 82.5 Calls @ .01 (sold for .51)
Sold XBI JAN 4 2019 77.0/82.0 Bear Call Spreads @ .71)

AMAT DG EWW OLED TNA UVXY WYNN

#LongCalls #LongPuts #LEAPS – Taking a shot with some additional sales with stops on previous weeks that are profitable. I may get stopped out of a few of those if the market reacts positively to the Fed….but Gubment shutdown still looming….(insert OMG scary face world is ending emoji here…LOL!).

AMAT:
Sold AMAT JAN 11 2019 37.0/42.0 Bear Call Spreads @ .32

DG:
Sold DG JAN 11 2019 109.0 Calls @ .92

EWW:
Bought to Close EWW DEC 28 2018 43.0 Calls @ .05 (sold for .40)
Sold EWW JAN 11 2019 42.0 Calls @ .38

OLED:
Sold OLED JAN 4 2019 110.0 Calls @ 1.15

TNA: Added to LEAPS and new sales…
Bought to Open TNA JAN 15 2021 70.0 Calls @ 7.00
Sold TNA JAN 4 2019 55.0/60.0 Bear Call Spreads @ .52

UVXY:
Rolled UVXY DEC 28 2018 52.5 Puts to UVXY DEC 28 2018 57.5 Puts @ .56 credit

WYNN:
Sold WYNN JAN 4 2019 115.0 Calls @ 1.55

A near record setting week of premium selling last week and this week is shaping up nicely. Let’s see where the bounce goes…

DUST

#LongPuts #LEAPS – Turned out to be a good short but feel like I’ve got about all I can get for now. Gold pushing up against resistance and DUST back near it’s original starting point prior to the run up so booking it.

Entered the trade on the spike in mid August and added on the September spike. In spite of some weekly puts having issues and never quite getting to a full position it turned out ok.

Sold to Close DUST JAN 17 2020 40.0 Puts
Bought to Close DUST JAN 4 2019 32.0 Put
Bought to Close DUST JAN 4 2019 33.0 Put
Bought to Close DUST JAN 11 2019 23.5 Puts

All said and done a 4.57 winner on a 7 lot.

🙂 🙂

UVXY

#LongPuts #LEAPS – Let’s see if Mr. Market can get to these…after Fed meeting government shutdown should be in the headlines so not expecting any big volatility collapse this week…

Rolled UVXY DEC 21 2018 57.5 Puts to DEC 21 2018 62.5 Puts @ 1.05 credit (2.35 total now)

UNG

#LongPuts #LEAPS – Nat gas already imploding. Thought it might wait until at least February. Rolling the weeklies to try to stay out of the way even though they are ratio’d…

Rolled UNG DEC 21 2018 32.0 Puts to JAN 4 2019 31.0 Puts @ .18 credit

UVXY

#LongPuts #LEAPS – Experimental trade being short UVXY out to 2021 and only using monthly put sales at a long 2 by short 1 ratio. Only trying to cover cost and let contango and delta do the work.

Bought to Close UVXY DEC 21 2018 45.0 Put @ .05 (sold for 3.15)

Sold UVXY JAN 18 2019 50.0 Put @ 2.31

#fuzzy

UVXY

#LongPuts #LEAPS – In a different account….smaller less aggressive position.

Bought to Close UVXY DEC 14 2018 52.5 Puts @ .05 (sold for 1.00)

Sold UVXY DEC 28 2018 52.5 Puts @ .76

DUST

#LongPuts #LEAPS – Trying again for a few extra sales…

Sold DUST JAN 11 2019 23.5 Puts @ .75

UVXY

#LongPuts #LEAPS #ShortCalls – Sold next week’s a little early so booking this week for safety.

Bought to Close UVXY DEC 14 2018 55.0 Puts @ .23 (sold for 1.72)

OLED TNA UNG

#LongCalls #LongPuts #LEAPS #CoveredCalls – Out most of the day but got a few trades in…

OLED: Adding…

Sold OLED DEC 21 2018 104.0 Calls @ 1.05

TNA: Covered calls…

Bought to Close TNA DEC 14 2018 65.0 Calls @ .05 (sold for 2.36)
Sold TNA JAN 18 2019 60.0 Calls @ 2.15

UNG:Sold against long puts…

Bought to Close UNG DEC 14 2018 31.5 Puts @ .05 (sold for .41)

DUST

#LongPuts #LEAPS – Stopped out at even on some extra sales against the long puts. I’ll reconsider if it bounces but appears to be breaking the 200ma today.

Bought to Close DUST DEC 14 2018 26.0 Puts @ .42 (sold for .43)

UNG

#LongPuts #LEAPS – Natty gas bouncing a little today. That’s good….hopefully have put cost covered by spring.

Bought to Close UNG DEC 14 2018 30.0 Puts @ .05 (sold for .80)
Sold UNG DEC 21 2018 32.0 Puts @ .45

Added a few longs:

Bought UNG JAN 17 2020 28.0 Puts @ 3.10

AMAT DUST WTW WYNN

#LongCalls #LongPuts #LEAPS – A few rolls and new sales…

AMAT: Giving it some room. Close to being out of this one so being careful.

Sold AMAT JAN 18 2019 39.0/44.0 Bear Call Spreads @ .31

DUST: Rolling a couple puts down sold against more long puts

Rolled DUST DEC 14 2018 34.0 Put to JAN 4 2019 33.0 Put @ .02 credit
Rolled DUST DEC 14 2018 33.0 Put to JAN 4 2019 32.0 Put @ .17 credit

WTW:

Bought to Close WTW DEC 7 2018 50.0 Calls @ .05 (sold for 1.95)
Sold WTW DEC 14 2018 49.5 Calls @ 1.15

WYNN:

Bought to Close WYNN DEC 7 2018 115.0 Calls @ .03 (sold for 1.13)
Sold WYNN DEC 21 2018 120.0 Calls @ 1.16

UVXY

#LongPuts #LEAPS #ShortCalls – This week’s short puts are obviously safe. Sizable position with nice profits. For risk management I used those profits to buy back a couple short calls I wasn’t comfortable with. Position is out to 2021 so plenty of time to get that back. Much more comfortable now with one short call against 8 short puts in the weeklies. Sold next week’s…

Sold UVXY DEC 14 2018 55.0 Puts @ 1.72

UVXY

#LongPuts #LEAPS #ShortCalls – Selling small against short puts….

Bought to Close UVXY DEC 7 2018 60.0 Call @ .17 (sold for 2.30)

Sold UVXY DEC 14 2018 50.0 Call @ 2.42

UVXY

#LongPuts #LEAPS #ShortCalls – Let’s give Mr. Market some incentive…

Sold UVXY DEC 28 2018 60.0 Call @ 3.35

UVXY

#LongPuts #LEAPS #ShortCalls – Rolling…

Rolled UVXY NOV 30 2018 54.0 Puts to DEC 7 2018 51.0 Puts @ .90 credit

UNG

#LongPuts #LEAPS – Looking to sell the next batch but have to be careful. This thing can implode 30 percent in a week. Slowly covering the cost of the long puts.

Bought to Close UNG DEC 7 2018 29.0 Puts @ .04 (sold for .45)

UVXY

#LongPuts #LEAPS #ShortCalls – Selling a call now against where I will hopefully be able to sell a new batch of puts tomorrow. Ratio is now 16 long puts against 8 short puts against 3 short calls (calls spread out to only one per week for safety). Trying to generate as much cash as possible over the next 111 weeks.

Sold UVXY DEC 7 2018 60.0 Call @ 2.30

UVXY

#LongPuts #LEAPS #ShortCalls – Even though UVXY is down today, it’s still historically high so booking and re-selling. Hoping to add another on any decent pop.

Bought to Close UVXY NOV 30 2018 60.0 Call @ .24 (sold for 4.40)
Bought to Close UVXY DEC 7 2018 70.0 Call @ .42 (sold for 4.10)

Sold UVXY DEC 14 2018 60.0 Call @ 2.25

DUST

#LongPuts #LEAPS – Rolling down and out and adding a few more.

Rolled DUST NOV 30 2018 34.0 Put to DEC 14 2018 33.0 Put @ .33 credit
Rolled DUST NOV 30 2018 35.0 Put to DEC 14 2018 34.0 Put @ .15 credit

Sold DUST DEC 14 2018 26.0 Puts @ .43

UNG

#LongPuts #LEAPS – These were oversales so closing a little more aggressively…

Bought to Close UNG NOV 30 2018 27.5 Puts @ .04 (sold for .71)

UVXY

#LongPuts #LEAPS – Rolled UVXY NOV 23 2018 60.0 Call to NOV 30 2018 60.0 Call @ 2.25 credit

Total credit received on the short call now up to 4.40. One short call paired up next week with 8 of the 54 strike short puts so hopefully the call will take all the heat.

DUST

#LongPuts #LEAPS – Extra put sales against the LEAPS…closing for safety since gold seems to be perking up a little…

Bought to Close DUST DEC 7 2018 25.5 Puts @ .40 (sold for .60)

OLED TQQQ LABU-LABD

#LongCalls #LongPuts #LEAPS #CoveredCalls – Was out nearly all day but had a couple fills from standing orders and the beginning of another experiment 🙂

OLED:
Bought to Close OLED NOV 23 2018 98.0 Calls @ .05 (sold for .65)

TQQQ:
Bought to Close TQQQ NOV 30 2018 55.0 Calls @ .05 (sold for 1.19) re-load tomorrow hopefully…

Risk reduction on one contract taking the small loss…

Bought to Close TQQQ JAN 18 2019 40.0 Put @ 3.50 (sold for 2.50)

LABU/LABD

One of my most frustrating positions so going to try something. Converting the LABU long LEAP calls to long LEAP puts on LABD. The built in drag should help this and the call side was approaching massive whipsaw risk with sales so far below the LEAPS. New position is out to 2020 instead of 2021. Collect as much premium as I can between now and then and then see where it stands.

To establish the new position, I sold the calls and bought whatever puts were the same price and just rolled the basis to the new position. Long 25 strike puts now so will be selling above those but not nearly the whipsaw risk that the call side had.

Long story short…about 30 cents a week on a 5 lot is the goal. Hopefully can get most of that.

#fuzzies, #pietrades

UNG

#LongPuts #LEAPS – Over selling slightly against the 2020 long puts. Would like to get this down to a zero risk trade before nat gas implodes in the spring. Stops set on previous sales…

Sold UNG DEC 14 2018 30.0 Puts @ .80

UNG

#LongPuts #LEAPS – Adding and averaging down. Hopefully have these paid for by the end of the coldest weather…

Bought UNG JAN 17 2020 28.0 Puts @ 2.95
Bought UNG JAN 17 2020 28.0 Puts @ 2.75

UVXY

#LongPuts #LEAPS #ShortCalls – Taking a little risk off and looking for new sales…

Bought to Close UVXY NOV 23 2018 75.0 Call @ .75 (sold for 2.55)
Bought to Close UVXY NOV 30 2018 80.0 Call @ 1.09 (sold for 6.32)

UVXY

#LongPuts #LEAPS #ShortCalls – Now that we’re easing back into contango I’m going to lower the number of short calls I have at risk at any given time so gradually closing those for nice profits. I’ll continue selling one (or two) every week at the top of my put ladder. Short 10 puts against one short call would give me protection for about 30-40 points of upside depending on the week of the call sale. I would welcome the opportunity to roll the short call and let the puts expire…

Bought to Close UVXY NOV 16 2018 70.0 Call @ .38 (sold for 3.40)
Sold UVXY NOV 16 2018 50.0 Call @ 3.00

Analyzing just the call sale against the short puts gives this. The downside is exaggerated here since I’ve unchecked the LEAP puts that I’m long.

UVXY

UVXY

#LongPuts #LEAPS #ShortCalls – Bought to Close UVXY NOV 9 2018 62.0 Call @ .10 (sold for 2.72)

DUST

#LongPuts #LEAPS – Selling against the long 40 strike LEAPS.

Bought to Close DUST NOV 16 2018 22.0 Puts @ .05 (sold for .45)

Sold DUST DEC 7 2018 25.5 Puts @ .60

UVXY

#LongPuts #LEAPS – Staying aggressive while there’s still some premium in these. Selling above my block of 50 strike short puts.

Sold UVXY NOV 23 2018 60.0 Call @ 2.17

UVXY

#LongPuts #LEAPS – Had been selling these aggressively above the 50 strike LEAPS. Rolling out and down now to get back more in alignment. Short calls working great…

Rolled UVXY NOV 9 2018 56.0 Puts to NOV 30 2018 50.0 Puts @ .10 credit

UVXY

#LongPuts #LEAPS #ShortCalls – Giving it some incentive to stay up as long as possible. These premiums are awesome…

Sold UVXY DEC 7 2018 70.0 Call @ 4.10

UNG

#LongPuts #LEAPS – I’ll take a shot with a half size starter. Longer term bearish mainly due to contango and global warming 🙂 . Going out to 2020 since option prices aren’t that much more to get an extra nine months. I’ll sell aggressively in the beginning and then hopefully be able to get out of the way later on. Planning on selling about every 30 days so still only need 23 cents in each sale.

Bought to Open UNG JAN 17 2020 28.0 Puts @ 3.55

Sold UNG NOV 30 2018 27.5 Puts @ .71