SOXL OKLO

#coveredcalls
#followed @optioniceman
tIP SOLD SOXL 21 MAR 25 23 CALL @.07

#rolled
#toehurt
tIP ROLLED OKLO 4 APR 25/16 MAY 25 45 PUT @1.05
tIP ROLLED OKLO 4 APR 25/16 MAY 25/ 40 PUT @1.31

#kickthecan

Closed DVN Put / Rolled CBOE Covered Call / Rolled SQ Covered Call

#closed early
$DVN BTC 3/23 33 put at 1.25 STO at 2.45.

#Rolled
$CBOE BTC 4/13 122 call STO 4/20 123 call at .20 added credit. Stock basis now 118
$SQ BTC 4/6 53.5 call STO 4/20 58 call at 1.70 debit. Rolled this one several times. Now cost me 2.00 but assignment price raised from 45 to 58. Stock now at 58.18. Rolling is dizzying. Don’t know how @fuzzballl does it so often. Must be his pilot training.

$SVXY #ShortPuts – #Rolled my…

$SVXY #ShortPuts#Rolled my SVXY May 19 2017 148.0 Puts down and out. I split the position into 2 parts.
Bought to Close SVXY May 19 2017 148.0 Puts @ 4.81/Sold SVXY Jun 2 2017 142.0 Puts @ 5.31 for a .50 Credit and a 6 point drop in the strike price
Bought to Close SVXY May 19 2017 148.0 Puts @ 4.11/Sold SVXY May 26 2017 145.0 Puts @ 4.61 for a .50 Credit and a 3 point drop in the strike price. Only one more week until expiration on this one.

$GILD #ShortPuts – Bought to…

$GILD #ShortPuts – To avoid assignment, bought to close GILD May 19 2017 65.0 Puts @ 0.41 that I had sold for 1.40 in Feb.
#Rolled down to next month’s GILD Jun 16 2017 62.5 Puts @ 0.67 (for a 0.26 credit on the roll).
Dropped the strike price 2.5 points and avoided assignment on this #FallingKnife trade.

$NUGT #CoveredCalls – Bought to…

$NUGT #CoveredCalls – Bought to close NUGT May 19 2017 35.0 Calls @ 0.70 that I sold last Friday for 1.43.
#Rolled up to next week’s NUGT May 26 2017 36.0 Calls @ 1.42 (for a 0.72 credit on the roll).
Raised the strike price a point.

Bunch of trades

#rolled TSO assorted calls 83 strike this week to May 26 83 calls at 0.88-.94 with avg. fill at 0.88. Originally sold for around 1.24 just before earnings. Decided to roll to catch the dividend next week then hope to be called away. After 9 weeks in the trade and multiple rolls if I am called out at 83 will have a nice profit. Assigned at 87.5 back then, cost basis now around 79.75 on assorted trades and the dividend will reduce that to 79.20.

Rolled TSO 77 puts this week to next week 80.5 for credit of 0.78. Originally sold last week for 1.05.

New market measures on laddering strangles https://www.tastytrade.com/tt/shows/market-measures

Still have WDC put ladders out 4 weeks, waiting for a little more theta decay through the weekend for some rolls.

Also have some EEM, DIA, SPY positions I am waiting to close to free up margin but they are longer term plays so still have 60-90 days on those.

VIX is almost up a whole point!!!! Yeah………

Raining here so if I see a good day trade will post but looks like the big moves are already settling down.

Collected more in premium on the above trades in 45 minutes than I get from a paycheck for 2 weeks and did the same last week. Most of it retirement so can’t touch it for 13.5 more years, but every bit now will help then!

I am now flat for expiration tomorrow.

Cheers Chris