#optionladder STO UTX 25 DTE…

#optionladder

STO UTX 25 DTE 126 put at 1.13. Good support at 129 and 125.

#pietrades, #optionladder, and #spycraft Spent…

#pietrades, #optionladder, and #spycraft

Spent last hour looking for trades this week after finishing taxes :). Not much in the way of #pietrades for the week, everything is extended and the decrease in vol sucked out some of the juicy premiums.
The best I can find is the BIB 62-63 CC depending on how aggressive you want to be. Other option is the put side but have to stay close to the money to get any good premium.
Also looking and ANDV (the old TSO) around the 100-103 level either CC or puts, your choice they are at parity.
GM assigned over the weekend, will sell 39 CC a few weeks out. Cost basis 39.3.
LNG already set up for Friday at the 55 CC.

With that in mind, may go out 26 DTE today 25 tomorrow and set up some ladders to give some more downside protection. Bunch of tickers there, AMGN, ANDV, CVX, MAR, MON, NKE, NSC, UNP, PSX, UAL, VLO, XBI. The 20 delta puts all have good premiums on these and don’t mind taking some shares if assigned.

#spycraft on hold. Looking back the last several weeks, the expected move on SPX/ES/SPY has been exceeded 3 out of the last 5 weeks both to the up and down side. That means the options are not priced correctly, we are not making enough for the risk. Once the pricing is back in line, or the vol. is higher to reflect the movement of SPY will restart. Also going forward will manage by buying in between the strikes if it looks like the short strike will be breached. See previous discussions for the specifics.

Hope everyone had a good weekend!

Will decide what to do with some of these trades at lunch time tomorrow.

$SVXY #ShortPuts #IRA – extending…

$SVXY #ShortPuts #IRA – extending an existing #OptionLadder
Sold 1 SVXY MAR 16 2018 60.0 Put @ 1.50
Sold 1 SVXY MAR 23 2018 60.0 Put @ 2.05

$SVXY #ShortPuts #OptionLadder – Sold…

$SVXY #ShortPuts #OptionLadder – Sold at the open

SVXY FEB 16 2018 73.0 Put @ 1.09
SVXY FEB 16 2018 74.0 Put @ 1.11
SVXY FEB 16 2018 75.0 Put @ 1.27
SVXY FEB 16 2018 80.0 Put @ 1.83

SVXY MAR 2 2018 75.0 Put @ 2.25

SVXY MAR 9 2018 75.0 Put @ 3.00

SVXY MAR 16 2018 61.0 Put @ 1.62
SVXY MAR 16 2018 62.0 Put @ 1.62
SVXY MAR 16 2018 63.0 Put @ 1.74

SVXY APR 20 2018 45.0 Put @ 1.45
SVXY APR 20 2018 55.0 Put @ 2.05
SVXY APR 20 2018 60.0 Put @ 2.87
SVXY APR 20 2018 70.0 Put @ 4.70

SVXY JAN 18 2019 35.0 Put @ 4.10

$SVXY #ShortPuts #OptionLadder – some…

$SVXY #ShortPuts #OptionLadder – some trades with the stock below 115.
Sold SVXY Feb 9 2018 85.0 Puts @ 0.85
Sold 1 SVXY Feb 9 2018 89.0 Put @ 1.10
Sold 1 SVXY Feb 16 2018 80.0 Put @ 1.09
Sold 1 SVXY Feb 23 2018 85.0 Put @ 1.80
Sold 1 SVXY Mar 2 2018 70.0 Put @ 1.20
Sold 1 SVXY Mar 16 2018 70.0 Put @ 1.70
Sold 1 SVXY Apr 2018 70.0 Put @ 3.00
Sold 1 SVXY Jun 15 2018 40.0 Put @ 1.40

$OXY #ShortPuts – Bought to…

$OXY #ShortPuts – Bought to close 1 OXY Jan 19 2018 47.5 Put @ 0.01. Still a month until expiration
Originally sold in May at 1.28 as a #FallingKnife trade.
This entire #OptionLadder is now gone.
Aug 18 2017 55.0 Put @ 1.35 – expired
Nov 17 2017 52.5 Put @ 1.42 – covered for 0.01
Nov 17 2017 50.0 Put @ 1.17 – covered for 0.01
Jan 19 2018 50.0 Put @ 1.51 – covered for 0.01

$NUGT #ShortPuts #OptionLadder – I’m…

$NUGT #ShortPuts #OptionLadder – I’m daring NUGT to go down to get $DUST up above 30 as I have some big short PUT positions in DUST I want to expire.
Sold NUGT Dec 15 2017 24.0 Puts @ 0.40
Sold NUGT Dec 22 2017 22.5 Puts @ 0.27
Sold NUGT Dec 29 2017 23.5 Puts @ 0.63