$DUST $ShortPuts #OptionLadder – Now I’ve sold these as DUST hits 47
Sold DUST Jan 6 2017 40.0 Puts @ 0.80
Sold DUST Jan 13 2017 35.0 Puts @ 0.70
Sold DUST Jan 27 2017 30.0 Puts @ 0.90
Sold DUST Jan 27 2017 25.0 Puts @ 0.30
Tag Archives: OptionLadder
$DUST $ShortPuts #OptionLadder – sold…
$DUST $ShortPuts #OptionLadder – sold these on the spike in the gold miners
Sold DUST Dec 30 2016 45.0 Puts @ 0.40 – these expire tomorrow
Sold DUST Jan 6 2017 41.0 Puts @ 0.65
Sold DUST Jan 20 2017 35.0 Puts @ 0.90
Sold DUST Jan 27 2017 30.0 Puts @ 0.65
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST Jan 6 2017 45.0 Puts @ 0.45 with the stock at 57.09.
Paired with an #OptionLadder in the calls, all sold at the $85 strike price in mid December.
$ILMN #ShortPuts #FallingKnife #OptionLadder -…
$ILMN #ShortPuts #FallingKnife #OptionLadder – sold these early today
Sold ILMN Dec 9 2016 118.0 Puts @ 0.60 – these expire in two days
Sold ILMN Dec 16 2016 115.0 Puts @ 0.75
Sold ILMN Dec 23 2016 110.0 Puts @ 0.70
Sold ILMN Dec 30 2016 105.0 Puts @ 0.65
$UVXY #ShortPuts #OptionLadder – yes…
$UVXY #ShortPuts #OptionLadder – yes you read that right 🙂
Sold UVXY DEC 23 2016 8.0 Puts @ 0.28
Sold UVXY DEC 30 2016 7.5 Puts @ 0.26
Sold UVXY JAN 6 2017 7.0 Puts @ 0.22
If they don’t expire or get covered for a penny I suspect they will be easy to roll.
$SVXY #CoveredCalls #OptionLadder – I’ve…
$SVXY #CoveredCalls #OptionLadder – I’ve been selling all day against my stock acquired 6 days ago at 65. I don’t care if it’s called away. Remember the 1st rule of selling options.
Sold SVXY Nov 25 2016 82.0 Calls @ 1.15 with the stock at 78.72
Sold SVXY Dec 02 2016 85.0 Calls @ 1.05 with the stock at 78.86
Sold SVXY Dec 09 2016 85.0 Calls @ 1.85 with the stock at 78.86
Sold SVXY Dec 23 2016 85.0 Calls @ 3.50 with the stock at 79.14
Sold SVXY Dec 23 2016 90.0 Calls @ 1.75 with the stock at 78.94
Sold SVXY Dec 23 2016 85.0 Calls @ 4.00 with the stock at 78.88
Sold SVXY Dec 30 2016 90.0 Calls @ 2.15 with the stock at 78.65
You may be able to get higher prices now.
$CVS #CoveredCalls #OptionLadder – Sold…
$CVS #CoveredCalls #OptionLadder – Sold CVS Dec 23 2016 80.0 Calls @ 0.84 with the stock at 75.70.
Adding on to my position.
$CVS #CoveredCalls #OptionLadder – Sold…
$CVS #CoveredCalls #OptionLadder – Sold CVS Dec 23 2016 80.0 Calls @ 0.67 with the stock at 74.47
$CVS #ShortPuts – so …….
$CVS #ShortPuts – so …. I forgot about an old #FallingKnife order I had in and I sold some CVS Dec 16 2016 75.0 Puts at 5.60 on the opening this morning with the stock at 69.51.
To offset this trade and some old Nov 80 short puts I still have, I sold some calls:
Sold CVS DEC 23 2016 80.0 Calls @ 0.52
Sold CVS JAN 20 2017 80.0 Calls @ 0.97
Sold CVS JAN 20 2017 82.5 Calls @ 0.53
$SVXY #ShortPuts #OptionLadder – Sold…
$SVXY #ShortPuts #OptionLadder – Sold SVXY Nov 11 2016 48.0 and 47.0 Puts both @ 0.55.
These expire in 6 trading days
$SVXY #ShortPuts #IRA – Sold…
$SVXY #ShortPuts #IRA – Sold SVXY Dec 2 2016 40.0 Puts @ 0.45 with the stock at 65.64.
Trying to build an #OptionLadder at the 40 Strike for all avail weeklys
$SVXY #ShortPuts #OptionLadder – Sold…
$SVXY #ShortPuts #OptionLadder – Sold SVXY Nov 11 2016 49.0 Puts @ 0.55 with the stock at 65.70.
These expire in 6 trading days
$SVXY #ShortPuts #OptionLadder – Sold…
$SVXY #ShortPuts #OptionLadder – Sold SVXY Nov 4 2016 62.5 Puts @ 0.20
$SVXY #ShortPuts #OptionLadder – since…
$SVXY #ShortPuts #OptionLadder – since I’m overloaded with short calls I’m selling puts with no additional margin requirements.
Sold SVXY Nov 4 2016 65.0 Puts @ 0.20
Sold SVXY Nov 4 2016 64.5 Puts @ 0.20
$SVXY #CoveredCalls #OptionLadder – sold…
$SVXY #CoveredCalls #OptionLadder – sold these when the stock got to 80.50
Sold SVXY NOV 4 2016 81.5 Calls @ 1.95
Sold SVXY NOV 11 2016 85 Calls @ 2.05
Sold SVXY NOV 18 2016 90 Calls @ 1.05
$DUST #ShortPuts #Weeklys #OptionLadder -…
$DUST #ShortPuts #Weeklys #OptionLadder – this worked last week and it should work this week too.
Sold DUST (Weekly) Oct 28 2016 33 Puts @ 0.60
Sold DUST (Weekly) Oct 28 2016 32.5 Puts @ 0.45
Sold DUST (Weekly) Oct 28 2016 32 Puts @ 0.40
SVXY #CoveredCalls #Rollup #OptionLadder -…
$SVXY #CoveredCalls #Rollup #OptionLadder – I split my position for today at 75 into two new positions so I can cover both weeks where I have no exposure.
Bought to close SVXY Oct 21 2016 75.0 Calls @ 1.57
Sold SVXY Nov 25 2016 80.0 Calls @ 2.77 for a 1.20 credit
and
Bought to close SVXY Oct 21 2016 75.0 Calls @ 1.42
Sold SVXY Dec 2 2016 80.5 Calls @ 4.41 for a 2.99 credit
Today’s strike 75 calls were originally sold at 4.44 on another rollup
$DUST #ShortPuts #OptionLadder – DUST…
$DUST #ShortPuts #OptionLadder – DUST falls, NUGT rises. My NUGT stock position is now above the strike 14 covered calls I sold last Friday and my NUGT 12, 12.5 and 13.5 short Puts for this week are out of the money.
I like where it’s sitting now so I sold the following for Friday’s expiration.
Sold DUST Oct 21 2016 35.0 Puts @ 0.40 adding to my position
Sold DUST Oct 21 2016 34.0 Puts @ 0.25
Sold DUST Oct 21 2016 33.5 Puts @ 0.20
Sold DUST Oct 21 2016 33.0 Puts @ 0.20
$DUST #ShortPuts #OptionLadder – Sold…
$DUST #ShortPuts #OptionLadder – Sold DUST OCT 21 2016 34.5 Puts @ 0.20 with the stock at 41.31
These expire Friday
$UVXY #ShortCalls #OptionLadder – sold…
$UVXY #ShortCalls #OptionLadder – sold all these today for next week –
Sold UVXY Oct 21 2016 27.0 Calls @ 0.14
Sold UVXY Oct 21 2016 27.5 Calls @ 0.13
Sold UVXY Oct 21 2016 28.0 Calls @ 0.12
$UVXY #ShortCalls – since my…
$UVXY #ShortCalls – since my #OptionLadder for this week is expiring I sold all these for next week with the stock trading at about 16.40.
Sold UVXY Oct 14 2016 25.0 Calls @ 0.13
Sold UVXY Oct 14 2016 26.0 Calls @ 0.13
Sold UVXY Oct 14 2016 26.5 Calls @ 0.13
$NUGT #ShortPuts #Weeklys – sold…
$NUGT #ShortPuts #Weeklys – sold these on the opening this morning with the stock at 18.33
Sold NUGT Sep 16 2016 17.0 Puts @ 0.60
Sold NUGT Sep 23 2016 15.0 Puts @ 0.60
Sold NUGT Sep 30 2016 14.0 Puts @ 0.60
Sold NUGT Oct 07 2016 13.0 Puts @ 0.60
Staying small and using an #OptionLadder approach
$SVXY #ShortCalls #VXXGame – sold…
$SVXY #ShortCalls #VXXGame – sold all these long term Calls on the opening creating an #OptionLadder –
Sold 1 SVXY Jan 19 2018 100 Call @ 14.80
Sold 1 SVXY Jan 19 2018 105 Call @ 13.20
Sold 1 SVXY Jan 19 2018 110 Call @ 12.50
Sold SVXY Jan 19 2018 120 Calls @ 9.80
Sold SVXY Jan 19 2018 125 Calls @ 9.00
Sold SVXY Jan 19 2018 130 Calls @ 7.90
Sold SVXY Jan 19 2018 135 Calls @ 7.10
Sold SVXY Jan 19 2018 140 Calls @ 6.40
SVXY #CoveredCalls – in my…
SVXY #CoveredCalls – in my account with the 3:1 short call to stock ratio, I rolled this week’s calls out to a new week to keep my #OptionLadder going.
Bought to close SVXY Aug 26 2016 65.0 Calls @ 5.56
Sold SVXY Oct 07 2016 73.5 Calls @ 5.66.
Covered commissions on the switch and moved the strike price up 8.5 points.
One of these days I’ll let one of these weekly calls get assigned — or — one will actually expire.
$SVXY #CoveredCalls #OptionLadder – a…
$SVXY #CoveredCalls #OptionLadder – a couple of large rollups on the opening tick. I split a large short position expiring today into two new positions with different expiration dates.
Bought to close SVXY Aug 19 2016 70.0 Calls @ 3.30 / Sold Sep 16 2016 75.0 Calls @ 3.40
Bought to close SVXY Aug 19 2016 70.0 Calls @ 3.32 / Sold Sep 23 2016 75.0 Calls @ 4.38
Both trades are cash flow positive, adding to my cash balance, and this moves the strike price up 5 points, above the YTD high of 74.16.
I might have been able to do better by waiting but at least it’s a big position I don’t have to watch today.
$SVXY #CoveredCalls #Rollup – one…
$SVXY #CoveredCalls #Rollup – one of many rollups I’m doing in various accounts for SVXY.
Bought to close SVXY Aug 19 2016 64.0 Calls @ 8.84
Sold SVXY Sep 30 2016 68.0 Calls @ 9.14 for a 0.30 Credit plus 4 points on the strike price.
The new strike price is still in the money with the stock at currently 72.70 and the breakeven for the new short call is at 77.14, well above the YTD high on the stock.
As I said last week, in this account I’m using a 3:1 overwrite strategy with an #OptionLadder approach. So if SVXY collapses again I’m not likely to get hurt to the downside unless the stock stays down for more than 6 weeks. In most cases for each individual week, I only have calls outstanding on 50% of my long stock. I roll that position each week out to a week that I have no exposure in, at successively higher strike prices.
At some point I will start letting some of my stock go and switch to selling puts. But for now this is working.
$SVXY #CoveredCalls #Rollup – one…
$SVXY #CoveredCalls #Rollup – one of many rollups I’m doing in various accounts for SVXY.
Bought to close SVXY Aug 12 2016 65.0 Calls @ 5.70
Sold SVXY Sep 23 2016 71.5 Calls @ 5.90 for a 0.20 Credit plus 6 1/2 points on the strike price.
The new strike price is slightly out of the money with the stock at currently 71.30 and the breakeven for the new short call is at 77.40, well above the YTD high on the stock.
As I said last week, in this account I’m using a 3:1 overwrite strategy with an #OptionLadder approach. So if SVXY collapses again I’m not likely to get hurt to the downside unless the stock stays down for more than 6 weeks. In most cases for each individual week, I only have calls outstanding on 50% of my long stock. I roll that position each week out to a week that I have no exposure in, at successively higher strike prices.
At some point I will start letting some of my stock go and switch to selling puts. But for now this is working.
$SVXY #CoveredCalls #Rollup – one…
$SVXY #CoveredCalls #Rollup – one of many rollups I’m doing in various accounts for SVXY.
Bought to close SVXY Aug 5 2016 64.0 Calls @ 3.67
Sold SVXY Sep 23 2016 70.0 Calls @ 5.20 for a 1.53 Credit plus 6 points on the strike price.
This trade puts the new strike price above the YTD high on SVXY.
In this account I’m using a 3:1 overwrite strategy with an #OptionLadder approach. So if SVXY collapses again I’m not likely to get hurt to the downside unless the stock stays down for more than 6 weeks. For each individual week I only have calls outstanding on 50% of my long stock. I roll that position each week out to a week that I have no exposure in, at successively higher strike prices.
At some point I will start letting some of my stock go and switch to selling puts.
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls – Sold SVXY Aug 5 2016 65.0 Calls @ 0.90. I was missing this week from my short call #OptionLadder
$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
$UVXY #ShortCalls #VXXGame #OptionLadder -…
$UVXY #ShortCalls #VXXGame #OptionLadder – only with this stock could the stock run against you 44% in a day and still not affect the ability to short Calls due to margin.
All are highest available strikes
Sold UVXY JUL 8 2016 30.0 Calls @ 0.88
Sold UVXY JUL 15 2016 32.0 Calls @ 1.00
Sold UVXY JUL 22 2016 30.0 Calls @ 1.27
Sold UVXY JUL 29 2016 30.0 Calls @ 1.92
$SVXY #CoveredCalls #VXXGame – since…
$SVXY #CoveredCalls #VXXGame – since 100% of my short SVXY calls for last week expired worthless, I’m replacing those positions with the following #OptionLadder.
All of the strike prices are above the YTD high on the stock, so they are likely to expire as well.
SVXY JUL 1 2016 67.0 Calls @ 0.45
SVXY JUL 8 2016 67.0 Calls @ 0.76
SVXY JUL 15 2016 67.0 Calls @ 1.15
SVXY JUL 22 2016 67.0 Calls @ 1.10
SVXY JUL 29 2016 67.0 Calls @ 1.45
$NUGT #ShortCalls #OptionLadder – another…
$NUGT #ShortCalls #OptionLadder – another minor adjustment to my positions today:
Bought to Close 1 Contract NUGT Jun 17 2016 92.0 Call at 9.90 for a small gain – It is still in the money!!
In it’s place I sold the following #OptionLadder
2 NUGT Jun 17 2016 125.0 Calls @ 1.05 – these expire Friday
1 NUGT Jun 24 2016 140 Call @ 2.30
1 NUGT Jul 1 2016 160 Call @ 2.30
1 NUGT Jul 1 2016 160 Call @ 3.50
$UVXY #ShortCalls #OptionLadder – why…
$UVXY #ShortCalls #OptionLadder – why average up a trade when you can keep raising the strike price.
Sold UVXY SEP 16 2016 90.0 Calls @ 0.84 at 15:03:31
Sold UVXY SEP 16 2016 95.0 Calls @ 0.84 at 15:22:33
Sold UVXY SEP 16 2016 100.0 Calls @ 0.84 at 15:23:09
Sold UVXY SEP 16 2016 105.0 Calls @ 0.84 at 15:23:46
Sold UVXY SEP 16 2016 110.0 Calls @ 0.84 at 15:27:49
I would have kept going but I had to run someone to the airport
$UVXY #ShortCalls #VXXGame #OptionLadder -…
$UVXY #ShortCalls #VXXGame #OptionLadder – sold a whole bunch of calls against existing long stock
UVXY JUN 24 2016 22.0 Calls @ 0.28
UVXY JUL 8 2016 22.0 Calls @ 0.39
UVXY JUL 15 2016 24.0 Calls @ 0.49
UVXY JUL 22 2016 22.0 CallS @ 0.66
UVXY SEP 16 2016 45.0 Calls @ 0.69
UVXY SEP 16 2016 50.0 Calls @ 0.61
$SVXY #ShortPuts #VXXGame #OptionLadder –…
$SVXY #ShortPuts #VXXGame #OptionLadder – adding to my positions
No margin cost because of a excess of short calls on this stock.
SVXY JUL 1 2016 45.0 Puts @ 0.60
SVXY JUL 15 2016 46.0 Puts @ 1.10
$SVXY #ShortPuts #VXXGame #OptionLadder -…
$SVXY #ShortPuts #VXXGame #OptionLadder – another account with an #OptionLadder in SVXY.
No margin cost because of a excess of short calls on this stock.
SVXY JUN 17 2016 53.0 Puts @ 0.40
SVXY JUN 24 2016 48.0 Puts @ 0.50
SVXY JUL 1 2016 45.0 Puts @ 0.50
SVXY JUL 15 2016 46.0 Puts @ 1.05
$UVXY #CoveredCalls #ShortCalls #VXXGame #OptionLadder…
$UVXY #CoveredCalls #ShortCalls #VXXGame #OptionLadder – setting up some short calls for the next 5 weeks with strike prices over 100% out of the money.
As the near week options expire, the later week options become covered. Very inexpensive short positions to carry on margin.
UVXY JUN 17 2016 20.0 Calls @ 0.07
UVXY JUN 24 2016 21.0 Calls @ 0.16
UVXY JUL 1 2016 21.0 Calls @ 0.29
UVXY JUL 8 2016 22.0 Calls @ 0.32
UVXY JUL 15 2016 23.0 Calls @ 0.42
$SVXY #ShortPuts #OptionLadder – I…
$SVXY #ShortPuts #OptionLadder – I sold the following this morning
SVXY JUN 24 2016 52.0 Puts @ 0.75
SVXY JUL 1 2016 51.0 Puts @ 1.05
SVXY JUL 8 2016 50.0 Puts @ 1.10
$NUGT #ShortCalls #OptionLadder – balancing…
$NUGT #ShortCalls #OptionLadder – balancing out some of the short puts I’ve been selling
Sold NUGT MAY 27 2016 96.0 Calls @ 0.35 – these expire tomorrow
Sold NUGT JUN 3 2016 120.0 Calls @ 0.40 – these expire next Friday
Sold 1 NUGT JUN 24 2016 125.0 Call @ 2.85
Sold NUGT JUN 24 2016 155.0 Calls @ 1.35
Sold 1 NUGT JUL 1 2016 135.0 Call @ 2.85
Sold 1 NUGT JUL 1 2016 155.0 Call @ 1.90
Sold 1 NUGT JUL 15 2016 130.0 Call @ 4.90
Sold 1 NUGT AUG 19 2016 130.0 Call @ 8.70
Sold 1 NUGT SEP 16 2016 185.0 Call @ 5.80
Sold 1 NUGT DEC 16 2016 185.0 Call @ 11.50
Sold 1 NUGT JAN 20 2017 185.0 Call @ 12.80
$SVXY #CoveredCalls #OptionLadder – with…
$SVXY #CoveredCalls #OptionLadder – with the trades listed below, I’m done selling SVXY calls for the week …. I think. I’ve now replaced all the short calls that expired last week at substantially higher strike prices for the next few weekly cycles. Even a sharp pullback in SVXY should not hurt me at this point.
I’ll be looking to scalp short puts at 51 or below for this week if the opportunity presents itself.
Sold SVXY Jun 10 2016 62.0 Calls @ 1.20
Sold SVXY Jun 24 2016 65 Calls @ 1.55
$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
$SVXY #CoveredCalls #Rollup #OptionLadder –…
$SVXY #CoveredCalls #Rollup #OptionLadder – As I said earlier today SVXY is back to it’s old ways, rallying on expiration day.
Once again, I split up a major short call position, due this week, into three parts to spread the risk across multiple expiration dates. This creates a future #OptionLadder and allows the stock to run in the future. Nice Credits on all the rolls and I had sold the strike 53 Calls I am covering @ 2.16 on a previous roll.
Bought to close SVXY May 06 2016 53.0 Calls @ 0.65 – 1/3 of this position
Sold SVXY May 20 2016 57.0 Calls @ 1.06
Bought to close SVXY May 06 2016 53.0 Calls @ 0.70 – 1/3 of this position
SVXY May 27 2016 58.0 Call @ 1.30
Bought to close SVXY May 06 2016 53.0 Calls @ 0.50– 1/3 of this position
Sold SVXY Sep 16 2016 75.0 Calls @ 1.30
I had not planned on having to cover this position. It would have been more profitable to have it expire, but I’ll make back what I spent over the next few weeks.
$SVXY #CoveredCalls #Rollup #OptionLadder -…
$SVXY #CoveredCalls #Rollup #OptionLadder – SVXY is back to it’s old ways, rallying on expiration day.
I split up a major short call position, due this week, into three parts to spread the risk across multiple expiration dates. This creates a future #OptionLadder and allows the stock to run in the future.
Bought to close SVXY May 06 2016 51.0 Calls @ 1.39 – 1/3 of this position
Sold SVXY (Weekly) Jun 03 2016 58.0 Calls @ 1.50
Bought to close SVXY May 06 2016 51.0 Calls @ 1.22 – 1/3 of this position
Sold SVXY (Weekly) Jun 10 2016 59.0 Calls @ 1.42
Bought to close SVXY May 06 2016 51.0 Calls @ 1.38 – 1/3 of this position
Sold SVXY Jun 17 2016 60.0 Calls @ 1.68
Pushed the strike prices up above this year’s resistance on the stock and still received a credit on each roll.
$UVXY #CoveredCalls #OptionLadder – selling…
$UVXY #CoveredCalls #OptionLadder – selling calls for the next three weeks
Sold UVXY(Weekly) May 06 2016 20.0 Calls @ 0.32 – these expire this Friday
Sold UVXY(Weekly) May 13 2016 25.0 Calls @ 0.42
Sold UVXY May 20 2016 30.0 Calls @ 0.52
$SVXY #CoveredCalls #Rollup #OptionLadder -…
$SVXY #CoveredCalls #Rollup #OptionLadder – rolled some really large positions up because of the typical Friday rally in SVXY
Rolled Apr 15 2016 48.5 Calls to next weeks 49.0 Calls for a 0.40 Credit
Rolled Apr 15 2016 50 Calls to Apr 29 2016 52.0 Calls for an 0.82 Credit
Rolled Apr 15 2016 50 Calls to May 06 2016 53.0 Calls for an 0.89 Credit
Rolled Apr 15 2016 50 Calls to May 13 2016 54.0 Calls for an 0.95 Credit
$SVXY #CoveredCalls #VXXGame #OptionLadder -…
$SVXY #CoveredCalls #VXXGame #OptionLadder – filling out my May #OptionLadder, replacing strike 49.5, 50, 51 and 53 strike calls that expire today
Sold SVXY May 20 2016 60.0 Calls @ 0.75
Sold SVXY May 20 2016 61.0 Calls @ 0.65
$SVXY #CoveredCalls – Sold SVXY…
$SVXY #CoveredCalls #OptionLadder – selling these in anticipation of my strike 50 calls for today expiring
Sold SVXY Apr 22 2016 54.0 Calls @ 0.52
Sold SVXY May 06 2016 57.5 Calls @ 0.55
Sold SVXY May 20 2016 60.0 Calls @ 0.70
$SVXY #ShortPuts – sticking a…
$SVXY #ShortPuts #OptionLadder – sticking a toe in the water again on the Put side
Sold 1 SVXY May 20 2016 39.0 Put @ 1.75
Sold 1 SVXY May 20 2016 38.0 Put @ 1.55
Sold 1 SVXY May 20 2016 37.0 Put @ 1.45
Sold 1 SVXY May 20 2016 36.0 Put @ 1.20
Sold 2 SVXY May 20 2016 35.0 Puts @ 1.05
$SVXY #ShortPuts #OptionLadder – so…
$SVXY #ShortPuts #OptionLadder – so with a lump in my throat I did the following today:
Sold a block of SVXY stock at 52.13 (at a gain from last September).
Then sold the following Puts to more than replace the stock position –
Sold SVXY Apr 22 2016 40.0 Puts @ 0.40
Sold SVXY Apr 29 2016 40.0 Puts @ 0.65
Sold SVXY May 13 2016 40.0 Put @ 1.10
Sold SVXY May 20 2016 40.0 Puts @ 1.35
$SVXY #CoveredCalls #OptionLadder – SVXY…
$SVXY #CoveredCalls #OptionLadder – SVXY is back up to the March 22nd high. Sold these in anticipation of a big double top
Sold SVXY Apr 15 2016 53.0 Calls @ 0.55
Sold SVXY Apr 29 2016 55.0 Calls @ 0.80
Sold SVXY May 20 2016 60.0 Calls @ 0.55
Sold SVXY Jun 17 2016 61.0 Calls @ 1.15
$SVXY #CoveredCalls #OptionLadder – sold…
$SVXY #CoveredCalls #OptionLadder – sold the following today
Sold SVXY(Weekly) Apr 01 2016 49.0 Calls @ 0.30
Sold SVXY(Weekly) Apr 29 2016 55.0 Calls @ 0.70
Sold SVXY May 20 2016 60.0 Calls @ 0.50
$NUGT #ShortCalls – hoping to…
$NUGT #ShortCalls – hoping to make back my NUGT losses slowly with small #OptionLadder trades –
Sold 1 NUGT Mar 04 2016 75.0 Call @ 2.05
Sold 1 NUGT Mar 11 2016 75.0 Call @ 2.80
Sold 1 NUGT Mar 24 2016 75.0 Call @ 4.30
All are weekly expirations and all are at the highest available strike price. Pretty decent premiums with the stock twenty points below the strike.
By staying small and spreading out the risk across multiple expirations, only one of these gets in trouble at a time, and this stock is volatile in BOTH directions. The stock was just over 17 a little over a month ago.
$DUST #ShortPuts – Sold DUST(Weekly)…
$DUST #ShortPuts – Adding on to my #OptionLadder
Sold DUST(Weekly) Feb 26 2016 8.0 Puts @ 0.35
Sold DUST(Weekly) Mar 04 2016 8.0 Puts @ 0.45
$NUGT #CoveredCalls #OptionLadder – Sold…
$NUGT #CoveredCalls #OptionLadder – Sold all these this morning
Sold NUGT FEB 12 2016 35.0 Calls @ 0.50
Sold NUGT FEB 26 2016 37.0 Calls @ 1.00
Sold NUGT Mar 04 2016 35.0 Calls @ 1.80
Sold NUGT Mar 18 2016 52.0 Calls @ 0.57
$UVXY #ShortCalls #VXXGame – Sold…
$UVXY #ShortCalls #VXXGame – Sold 1 UVXY Feb 12 2016 95.0 Call @ 3.40. Completed my #OptionLadder for Jan/Feb at the top of the chain
$UVXY #ShortCalls #OptionLadder – Sold…
$UVXY #ShortCalls #OptionLadder – Sold these on the open. UVXY was over 39 pre-market, but opened calmer than I thought.
Sold 1 UVXY Feb 05 2016 66.0 Call @ 2.56
Sold 1 UVXY Feb 12 2016 66.0 Call @ 2.97
Sold 1 UVXY Feb 19 2016 66.0 Call @ 3.80
These expire Friday and are paired with long stock. I would welcome assignment.
Sold 2 UVXY Jan 08 2016 43.0 Calls @ 0.55
Sold 2 UVXY Jan 08 2016 44.0 Calls @ 0.55
Options Bistro 