#SPXcampaign. Apologies for not posting my trades this week. I have been getting slammed by the upside move, so I’m very tightly wound up to the short side, waiting for a pullback. I have stopped some call spreads, sold aggressive put spreads, and have been rolling ITM call spreads. I once again did not take the Upside Warning seriously, mainly because of the head-fake down-day we got on Monday Sept 25th, which happened the DAY AFTER the warning. I made all the wrong moves that day; it was the perfect day to flip my account to the long side, but instead I got stopped out of put spreads. In any case, my travels have diverted my full attention. I’m in LA now until Wednesday.
Feel free to ask any questions if you need updates on my trades or help with yours. I should have more time at the computer today.
Sold $SPX Oct 16th 2515/2490 put spreads for 4.50, as #ReverseRoll from Oct 13th calls stopped this morning.
Sold Oct 16th 2475/2500 call spreads for 22.35 as #ITMroll from Oct 9th calls stopped this morning.
#SPXcampaign Looks like more upside today and likely the week. Stopping call spreads, selling ITM put spreads…
Stopped: $SPX Sep 27th 2500/2525 call spreads for 12.00. Sold in a #CondorRoll for 9.90 last Monday. Partial #ReverseRoll: Sold Sep 18th 2510/2495 put spreads for 3.45. Expires today, hopefully worthless if we can close higher as I expect.
Stopped: Sep 25th 2510/2535 call spreads for 6.65. Sold last Tuesday for 3.50.
#ReverseRoll: Sold Sep 22nd 2510/2485 put spreads for 5.85.
Sold Oct 19th (monthly) 2555/2580 call spreads for 1.70.
Closed on GTC orders:
Sep 25th 2425/2400 put spreads for .20. Sold for 3.10 on Aug 31st
Sep 20th 2460/2435 put spreads for .20. Sold in a #CondorRoll for 10.50 on 9/6.
#SPXcampaign Bought to close $SPX Sep 18th 2455/2430 put spreads for 7.65. Sold in a #CondorRoll for 6.75 on Friday.
#ReverseRoll Sold Sep 18th 2465/2490 call spreads for 8.00.
#SPXcampaign Bought to close $SPX Sep 13th 2455/2430 put spreads for 6.60. Sold for 4.70 last Thursday as a roll.
#ReverseRoll: Sold $SPX Sep 13th 2465/2490 call spreads for 6.75. Was able to move up 10 points and still get a credit on the roll.
#SPXcampaign Bought to close $SPX Sep 1st 2470/2445 put spreads for .75. Sold yesterday for 5.80.
STOPPED: Sep 8th 2475/2500 call spreads for 8.40. Sold for 3.10 on Aug 24th.
#ReverseRoll Sold Sep 8th 2480/2455 put spreads for 6.80.
Bought to close $SPX Sep 15th 2480/2505 call spreads for 6.20. Sold for 2.98 yesterday.
#ReverseRoll Sold Sep 13th 2455/2430 put spreads for 4.70. Will make up 1.50 debit.
Bought to close Sep 13th 2470/2495 call spreads for 10.05. Sold for 5.45 yesterday. Roll coming.
Bought to close Sep 25th 2500/2525 call spreads for 4.20. Sold for 1.60 on Aug 21st.
#ReverseRoll Sold Sep 25th 2445/2420 put spreads for 4.50.