Expirations AMZN SPX / Closed Early AMZN / ROKU BUPS / Roll TQQQ

#optionsexpiration
#bullputspreads
$AMZN STO 2/1 1605/1610 BUPS at .50 Expired same day. Thank you @honkhonk81 and jojo mojo
#spx1dte
$SPX 2630/2650/2765/2745

Closed Early
$AMZN BTC 2/1 1590/1600 BUPS as part of earnings IC at .20 Made 85% of max. Stock started to look soft in late afternoon and I did not want to be correct, I just wanted a profit. Thank you @jeffcp66 BECS expired!

#bucs
$ROKU BTO 3/15 40/50 BUCS at 4.80. Earnings Feb 21st

#rollup
$TQQQ BTC 2/1 46 call and STO 2/15 48.50 call at .15 credit. Sold against leap.

Rolling DVN and EXAS / SPX Campaign

#rollup
$EXAS BTC 3/9 48 call and STO 3/29 50 call for 1.20 additional credit
$DVN BTC 3/9 41 put and STO 3/23 33 call for an overall debit of $2

#spxcampaign
Closed Early
$SPX BTC 3/9 2775/2750 BECS at 2.00 STO yesterday at 4.55 Thank you @jeffcp66

$UVXY #CoveredCalls #Rollup – Bought…

$UVXY #CoveredCalls #Rollup – Bought to close UVXY Feb 2 2018 13.0 Calls/Sold UVXY Feb 9 2018 15.0 Calls @ 0.47 Credit in an #IRA account.
Bumped the strike 2 points for only a one week roll

Rolled Up and One Week Out EXAS / Closing Early SPX BECS / Rolled SVXY / Short puts ETE

#shortcalls
$EXAS BTC 1/26 50 call STO $EXAS 2/2 52 call at even
#rollup
$SVXY BTC 2/16 130 call STO 3/16 140 call at additional .50 credit

#spxcampaign
$SPX BTC 2/16 2895/2870 BECS at 6.00 STO 1/17 at 1.80

#shortputs
$ETE STO 2/16 18.50 put at .50 Attempting to acquire stock

$DUST #CoveredCalls #Rollup – My…

$DUST #CoveredCalls #Rollup – My last roll for this year on this stock.
Bought to close DUST Dec 22 2017 29.5 Calls/Sold DUST Jan 12 2018 30.0 Calls @ 0.25 Credit.
Added a half a point to my strike price while going out 3 weeks.

$DUST #Covered Calls #Rollup #IRA…

$DUST #Covered Calls #Rollup #IRA – Giving this another week and bringing in more #Cash.
Even better than my earlier trade because I added a half point to the strike price.
Bought to close DUST Dec 1 2017 28.0 Calls/Sold DUST Dec 8 2017 28.5 Calls @ 0.30 Credit

$UVXY #CoveredCalls #Rollup – all…

$UVXY #CoveredCalls #Rollup – all the premium is gone from this weeks calls –
Bought to close UVXY Oct 27 2017 18.0 Calls/Sold UVXY Nov 3 2017 19.0 Calls @ 0.34 Credit

$DUST #CoveredCalls #Rollup – not…

$DUST #CoveredCalls #Rollup – not much premium for next week so I went out 2 weeks.
Bought to close DUST Oct 13 2017 27.0 Calls/Sold DUST Oct 27 2017 27.5 Calls @ 0.30 Credit/
Gained 1/2 point on the strike price along with the extra cash.

$SVXY #ShortCalls – did a…

$SVXY #ShortCalls – did a major #Rollup of ITM Calls to avoid assignment.
I am still long some SVXY stock but those shares are covered by next week’s calls.
Bought to close SVXY Oct 6 2017 85.0 Calls/Sold SVXY Jun 15 2018 115.0 Calls @ 0.90 Credit
Bought to close SVXY Oct 6 2017 87.0 Calls/Sold SVXY Mar 15 2018 100.0 Calls @ 4.25 Credit
Bought to close SVXY Oct 6 2017 87.0 Calls/Sold Jan 19 2018 100.0 Calls @ 0.42 Credit

$SVXY #ShortCalls #Rollup – rolled…

$SVXY #ShortCalls #Rollup – rolled up this week’s farthest in the money call position.
Bought to close SVXY Sep 29 2017 85.5 Calls/Sold SVXY Oct 13 2017 88.0 Calls for a 0.25 Credit.

#longcalldiagonals

$SVXY #ShortCalls #Rollup – Got…

$SVXY #ShortCalls #Rollup – Got a nice dip on the opening so I rolled the ones most likely to be assigned out a week.
Bought to close SVXY Sep 22 2017 85.0 Calls/Sold SVXY Sep 29 2017 86.5 Calls @ 0.12 Credit
Bought to close SVXY Sep 22 2017 86.0 Calls/Sold SVXY Sep 29 2017 87.5 Calls @ 0.12 Credit
Bought to close SVXY Sep 22 2017 87.0 Calls/Sold SVXY Sep 29 2017 89.0 Calls @ 0.12 Credit

$SVXY #CoveredCalls #Rollup – Rolling…

$SVXY #CoveredCalls #Rollup – Rolling up a portion of my short calls while letting others get assigned.
Bought to close SVXY Sep 15 2017 83.0 Calls/Sold SVXY Sep 29 2017 85.5 Calls @ 0.31 Credit
Bought to close SVXY Sep 15 2017 84.0 Calls/Sold SVXY Sep 29 2017 86.5 Calls @ 0.66 Credit
Bought to close SVXY Sep 15 2017 85.0 Calls/Sold SVXY Sep 29 2017 88.5 Calls @ 0.61 Credit.
All this with the VIX index at 10.13 and SVXY at 86.05

$UVXY #ShortCalls #Rollup – today’s…

$UVXY #ShortCalls #Rollup – today’s option might have expired worthless, but I rolled it up 36 Points for NEXT week.
Bought to close UVXY Aug 11 2017 46.0 Calls/Sold UVXY Aug 18 2017 82.0 Calls for a 0.95 Credit with the stock at 45.32 with 30 minutes until expiration
I took a loss on this week’s trade but I should make it all back and more in 5 days.

$UVXY #ShortCalls #Rollup – today’s…

$UVXY #ShortCalls #Rollup – today’s option would have expired worthless, but I rolled it up 30 … that’s right … 30 Points for NEXT week.
Bought to close UVXY Aug 11 2017 52.0 Calls/Sold UVXY Aug 18 2017 82.0 Calls for a 0.66 Credit.

$UVXY #CoveredCalls #Rollup – even…

$UVXY #CoveredCalls #Rollup – even though this week’s option is not threatened, I’m doing a roll to next week and moving up a strike price.
Bought to close UVXY 25/100 Aug 11 2017 12.0 Calls/ Sold UVXY 25/100 Aug 18 2017 13.0 Calls @ 0.52 Credit.

$SVXY #ShortCalls #Rollup – Bought…

$SVXY #ShortCalls #Rollup – Bought to close SVXY JUN 2 2017 146.0 Calls/ Sold SVXY JUN 23 2017 150.0 Calls @ 0.87 Credit.
After several rollups, I’m hoping this one expires.

#SPXcampaign Sold to Open $SPX…

#SPXcampaign
Sold to Open $SPX June 30th 2310/2285 put spreads for 1.35, with SPX at 2412.
Sold to Open $SPX June 30th 2470/2495 call spreads for 1.40, with SPX at 2415.
#Rollup
BTC $SPX June 14th 2430/2455 call spreads for 4.85 Sold for 3.75 May 24th. Rolled to June 21st 2435/2460 for 5.35

$SVXY #ShortCalls #Rollup – Giving…

$SVXY #ShortCalls #Rollup – Giving this trade a bit more time to work.
Bought to close 1 SVXY May 19 2017 115 Call/Sold 1 SVXY Sep 15 2017 123 Call @ 0.05 Credit

$SVXY #ShortCalls #Rollup – a…

$SVXY #ShortCalls #Rollup – a 2nd roll on this position.
Bought to close SVXY Apr 28 2017 137.50 Calls/ Sold SVXY Jun 2 2017 146 Calls @ 0.52 Credit.
Originally rolled Mar 17 2017 125.0 Calls up to these 137.50 Calls for a 0.20 credit.
At the time the strike was above the alltime high in SVXY.
The new strike is right at the current alltime high. Maybe this one will work.

On the plus side I have 27 short SVXY puts expiring today. So It’s not all bad.

$IWM Rolling the put side…

$IWM Rolling the put side of my May 130/140 strangle up
To capture additional premium (.61 credit)–
Rolled $IWM May 19 130 puts up to May 19 137 puts (25 delta).
Position is now a May 137/140 strangle for which I have now taken in a total of 3.37 in premium. If the Russell continues up I will roll the puts up again.
#Rollup

$UVXY #CoveredCalls #IRA #Rollup -…

$UVXY #CoveredCalls #IRA #Rollup –
Bought to close UVXY Apr 13 2017 21.0 Call/ Sold UVXY Apr 21 23.0 Call @ 0.80 Credit.
Plus added 2 points to the strike price.

$UVXY #Rollup Rolled Apr 13…

$UVXY #Rollup
Rolled Apr 13 $20 calls to Apr 21 $23.50 calls for even.

$UVXY #CoveredCalls #Rollup #IRA â€“…

$UVXY #CoveredCalls #Rollup #IRA – Bought back my Apr13 21.0 Calls and Sold Apr 21 22.5.0 Calls @ 0.85 Credit.
Not waiting for these to expire(if they even do) and then trying to sell the new ones on Monday.

$UVXY #CoveredCalls #Rollup #IRA -…

$UVXY #CoveredCalls #Rollup #IRA – Bought back my Apr13 21.5 Calls at a gain and Sold Apr 21 23.0 Calls @ 0.85 Credit.
Not waiting for these to expire and trying to sell the new one’s on Monday.

$SVXY #ShortCalls #Rollup – the…

$SVXY #ShortCalls #Rollup – the market jump today forced me into this move –
Bought to close SVXY Mar 17 2017 125.0 Calls/ Sold SVXY Sep 15 2017 165 Calls @ 0.70 Credit

$SVXY #ShortCalls #Rollup – not…

$SVXY #ShortCalls #Rollup – not being a trusting soul and thinking that this volatility move might be short-lived, I’m rolling a portion of my ITM short calls for next week up to a strike price above the YTD high.
Bought to close SVXY MAR 17 2017 125.0 Calls / Sold SVXY APR 28 2017 137.5 Calls at a 0.20 Credit

$SVXY #ShortCalls #Rollup – Bought…

$SVXY #ShortCalls #Rollup – Bought to close SVXY Dec 30 2016 86 Calls / Sold SVXY Jan 27 2017 92.5 Calls @ 0.10 Credit.
Earned all of the strike 86 time premium and pushed the strike up to an at the money strike.

$SVXY #ShortCalls #Rollup – another…

$SVXY #ShortCalls #Rollup – another week, another roll. This is getting tiresome.
Bought to close SVXY Dec 23 2016 85.0 Calls/Sold SVXY Jan 27 2016 90.0 Calls @ 0.60 Credit

$SVXY #ShortPuts #Rollup – volatility…

$SVXY #ShortPuts #Rollup – volatility will go up eventually … but I can’t wait as the move from 72 to 98 since the election is pressuring too many short calls.
Bought to close SVXY Dec 30 2016 85.0 Calls / Sold SVXY JUN 16 2017 105.0 Calls @ 1.52 Credit

$SVXY #ShortPuts #Rollup – volatility…

$SVXY #ShortPuts #Rollup – volatility will go up eventually … geesh
Bought to close SVXY Dec 23 2016 85.0 Calls / Sold SVXY Jun 16 2017 110.0 Calls @ 0.10 Credit

$SVXY #ShortCalls #Rollup – not…

$SVXY #ShortCalls #Rollup – not waiting for the stock to run any higher. Rolling this short position up to release margin after earning most of the time premium.
Bought to close SVXY Dec 23 2016 90.0 Calls @ 4.93
Sold SVXY Jan 19 2018 175.0 Calls @ 5.33 – Highest available strike
Someday I’ll be able to pair short puts with these short calls.

$SVXY #CoveredCalls #Rollup – Last…

$SVXY #CoveredCalls #Rollup – Last roll of the day
Bought to close SVXY Dec 16 2016 90 Calls/Sold SVXY Mar 17 2017 125.0 Calls @ 0.05 Credit.
Moved the strike up 35 Points and made money on the 90’s so it’s a win-win

$SVXY #ShortCalls #Rollup – still…

$SVXY #ShortCalls #Rollup – still in the money so had to move it –
Bought to close SVXY Dec 16 2016 90 Calls/Sold SVXY Dec 30 2016 95.0 Calls @ 0.65 Credit.
Made money on the 90’s so a win-win

$SVXY #ShortCalls #Rollup – SVXY…

$SVXY #ShortCalls #Rollup – SVXY keeps on running on Fridays.
Bought to close SVXY Dec 16 2016 83.0 Calls/ Sold SVXY Jan 20 2017 88.0 Calls @ 0.15 Credit.

Made all of the time premium on the Dec option and added 5 points to the strike price.

One of these days SVXY will pull back.

$SVXY #ShortCalls #Rollup – Bought…

$SVXY #ShortCalls #Rollup – Bought to close SVXY Dec 9 2016 87 Calls/Sold SVXY Dec 16 2016 90 Calls @ 0.05 Credit.
Added 3 Points to the strike price and added only 1 week to the holding period.
Earned every bit of the time premium in the 87 calls

$CF #CoveredCalls #Rollup – Bought…

$CF #CoveredCalls #Rollup – Bought to close CF DEC 9 2016 30 Calls/Sold CF DEC 23 2016 31 Calls @ 0.27 Credit.
I’ve overwritten this stock position and it is currently profitable

$SVXY #ShortCalls #Rollup – Bought…

$SVXY #ShortCalls #Rollup – Bought to close SVXY Dec 9 2016 82 Calls/Sold SVXY Jan 13 2017 88 Calls @ 0.24 Credit.
Added 6 Points to the strike price and moved the breakeven price on the sale to 95.

$SVXY #ShortCalls #Rollup – the…

$SVXY #ShortCalls #Rollup – the only SVXY position I needed to roll today as the stock runs to 83. It always runs Friday afternoon. When will I learn.

Bought to close SVXY Dec 2 2016 80.5 Calls @ 2.49 – originally sold for 4.40
Sold SVXY Dec 30 2016 86.0 Calls @ 4.24

Added 5.5 points to the strike price, added 1.75 Credit to my account per contract, and set the new strike price right about at the YTD high for SVXY.

$SVXY #ShortCalls #Rollup – Bought…

$SVXY #ShortCalls #Rollup – Bought to close SVXY Nov 25 2016 83.5 Calls / Sold SVXY Dec 9 2016 87.0 Calls for a 0.68 Credit. Bumped the strike price up 3.5 points

$SVXY #ShortCalls #Rollup – Bought…

$SVXY #ShortCalls #Rollup – Bought to close SVXY Nov 25 2016 80.0 Calls / Sold SVXY Dec 23 2016 85.0 Calls for a 0.20 Credit. Bumped the strike price up 5 points to an out of the money strike.

$CF #CoveredCalls #Rollup – Bought…

$CF #CoveredCalls #Rollup – Bought to close CF Nov 25 2016 28.0 Calls @ 0.45 / Sold CF Dec 16 2016 30.0 Calls @ 0.58 with the stock at 28.44.
Earned all the time premium on today’s call and made money on the trade while jumping the strike price on a strong stock by 2 points plus a 0.13 Credit.

AMZN

Using this pullback as an opportunity to roll a threatened short call. Just in case the ABX strike is settled over the weekend, I’m getting out of the way (partially) even though a pop to 800 isn’t out of the question if the strike is settled.

These are being sold against a longer term position similar to the GOOGL trade…

#Rollup Rolled this week’s 777.5 call (sold for 3.43) out to next week’s 790 @ 1.25 credit

$SVXY #ShortCalls #RollUp – I’m…

$SVXY #ShortCalls #RollUp – I’m splitting up a currently profitable short position into two new positions.

Bought to close SVXY Nov 18 2016 79 Calls/Sold SVXY Dec 9 2019 82 Calls @ 1.00 Credit
Bought to close SVXY Nov 18 2016 79 Calls/Sold SVXY Dec 16 2019 83 Calls @ 1.55 Credit

The Strike 79 Calls I covered were sold at 4.52, so a nice profit on those.

$DUST #ShortCall #Rollup – This…

$DUST #ShortCalls #Rollup – This was out of the money just two days ago but now I have to roll it –
Bought to close DUST Nov 11 2016 37 Calls / Sold DUST Dec 16 2016 40 Calls @ 0.05 Net credit.

$CF #CoveredCalls #Rollup – this…

$CF #CoveredCalls #Rollup – this one seems to have more in the tank.
Bought to close CF NOV 11 2016 27.0 Call / Sold CF NOV 25 2016 28.0 Call @ 0.29 Net Credit

$UVXY #CoveredCalls #Rollup #IRA -…

$UVXY #CoveredCalls #Rollup #IRA –
Bought to close UVXY Nov 4 2016 21.0 Calls @ 0.03.
SOLD UVXY Nov 11 2016 25.5 Calls @ 1.70
I did this so I could sell these new options today, before the weekend strips the premium away.

$SVXY #ShortCalls #Rollup – this…

$SVXY #ShortCalls #Rollup – this is likely the only roll I will have to do in SVXY today
Bought to close SVXY Oct 28 2016 64 Calls @ $12.54 – originally sold @ 13.10
Sold SVXY Dec 16 2016 68 Calls @ $12.66

$DUST #ShortCalls #Rollup – doing…

$DUST #ShortCalls #Rollup – doing a second or third rollup on this stock
Bought to close DUST Oct 21 2016 34.0 Calls @ 4.63 – originally sold at 6.10
Sold DUST Nov 11 2016 37.0 Calls @ 5.40

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

$SVXY #ShortCalls #Rollup – trying…

$SVXY #ShortCalls #Rollup – trying to get ahead of the typical Friday Rally in SVXY by rolling today.
Bought to close SVXY Oct 21 2016 72.0 Calls @ 4.08 with the stock at 76.01
Sold SVXY Nov 11 2016 76.0 Calls @ 4.55.
Pushed the strike price up 4 points plus received a 0.47 Credit. The time premium was gone from the existing position.

$SVXY #ShortCalls #Rollup Bought to…

$SVXY #ShortCalls #Rollup
Bought to close SVXY OCT 14 2016 70.0 Calls @ 1.11 – originally sold at 5.20
Sold SVXY OCT 21 2016 72.0 Calls @ 1.61
Add just 1 week to my holding period to get a 2 point higher strike price plus a 0.50 credit.

$SVXY #coveredcallCalls #Rollup – Bought…

$SVXY #coveredcallCalls #Rollup –
Bought to close SVXY Oct 7 2016 74.0 Calls @ .93 – sold on a rollup last Friday @ 2.25
Sold SVXY Oct 14 2016 76.0 Calls @ 1.21
Gained 2 points on the strike price plus another 0.25 in cash while extending my holding period only one more week.

$SVXY #ShortCalls #Rollup – I’m…

$SVXY #ShortCalls #Rollup – I’m short Calls each week in this account against my remaining long position. This week’s Option is at a nice gain so I’m rolling it into a week that I have no position in.
Bought to close SVXY Oct 7 2016 73.5 Calls @ 1.63 – sold on a previous rollup at 5.66
Sold SVXY Nov 18 2016 79.0 Calls @ 4.53
Gained 5.5 points on the strike price plus another 2.90 in cash per contract.

Next week’s contract is a strike 74 call sold at 8.70 on another rollup. I can always allow an assignment against my long term stock holding when I think the market is done rising.

$SVXY #ShortCalls #Rollup – Extended…

$SVXY #ShortCalls #Rollup – Extended my holding period on the stock a week to get two more points on the assignment.
Bought to Close SVXY Sep 30 2016 72.0 Calls / Sold SVXY Oct 7 2016 74.0 Calls @ 0.25 Credit

Originally sold the Sep 30 72 Calls @ 6.69 and covered them at 2.00

$SVXY #ShortCalls #Rollup – tough…

$SVXY #ShortCalls #Rollup – tough to catch a break on a Friday with SVXY. It always seems to rally.
At least the calls I bought back were at nice gains. And more cash was added to the account.
Bought to Close SVXY Sep 30 2016 69.0 Calls / Sold SVXY Nov 4 2016 75.0 Calls @ 0.20 Credit
Bought to Close SVXY Sep 30 2016 68.0 Calls / Sold SVXY Nov 11 2016 75.0 Calls @ 0.28 Credit

$SVXY #CoveredCalls #Rollup – Another…

$SVXY #CoveredCalls #Rollup – Another one.
Bought to close SVXY Sep 23 2016 70.0 Calls @ 4.35 (originally sold @ 5.20 so a win-win)
Sold SVXY Oct 21 2016 75.0 Calls @ 4.45 – increased the strike price 5 points plus a 0.10 credit.
Options this deep in the money are a bit harder to roll but got it done.

$SVXY #CoveredCalls #Rollup – working…

$SVXY #CoveredCalls #Rollup – working on a couple of these today.
Bought to close SVXY Sep 23 2016 71.5 Calls @ 3.28 (originally sold @ 5.90 so a win-win)
Sold SVXY Oct 28 2016 79.0 Calls @ 3.58 – increased the strike price 7.5 points plus a 0.30 credit.

$UVXY #CoveredCalls #Rollup – did…

$UVXY #CoveredCalls #Rollup – did this roll to give it another week
Bought to close UVXY Sep 16 2016 21.5 Calls @ 0.59. Sold last Friday at 2.05
Sold UVXY Sep 23 2016 26.0 Calls @ 0.83 – a big bump in the strike price plus a nice credit

$DUST #ShortCalls #Rollup – rolled…

$DUST #ShortCalls #Rollup – rolled this speculative position out another couple of weeks.
Bought to close DUST Sep 16 2016 32.0 Calls @ 5.50
Sold DUST Sep 30 2016 35.0 Calls @ 5.60 – gained 3 points on the strike price.

At least my NUGT short Puts will expire today

$SVXY #CoveredCalls #IRA #Rollup -…

$SVXY #CoveredCalls #IRA #Rollup – the only roll I should have to do today in this stock. My other short calls in SVXY should expire today. YEAH!!

Bought to close SVXY Sep 16 2016 60.0 Calls @ 3.31 – originally sold at 4.20 s0 a win-win!!
Sold SVXY Sep 23 2016 62.0 Calls @ 3.84 – Only 1 more week and 2 points higher plus a 0.53 Cr.

$SVXY #ShortCalls #Rollup – Another…

$SVXY #ShortCalls #Rollup – Another rollup in a managed account –
Bought to close SVXY Sep 9 2016 70.5 Calls / Sold SVXY Oct 14 2016 74.0 Calls @ 0.40 credit.

$SVXY #ShortCalls #Rollup – Small…

$SVXY #ShortCalls #Rollup – Small trade in a managed account –
Bought to close SVXY Sep 16 2016 60.0 Calls / Sold SVXY Dec 16 2016 65.0 Calls @ 0.45 credit.

$DUST #ShortCalls #Rollup – made…

$DUST #ShortCalls #Rollup – made some money on the short calls and I’m rolling the position up 5 points and out of the money
Bought to close DUST Sep 2 2016 33.0 Calls @ 1.37 (Originally sold @ 2.30)
Sold DUST Sep 23 2016 38.0 Calls @ 1.92

$SVXY #CoveredCalls #Rollup – the…

$SVXY #CoveredCalls #Rollup – the first of several rolls as SVXY sets a new YTD high above 75 –
Bought to close SVXY Sep 2 2016 71.0 Calls @ 4.33
Sold SVXY Sep 30 2016 74.0 Calls @ 5.43
Added 3 points to the strike price plus 1.10 credit to my cash balance. The new breakeven on the covered call is now well above the YTD high on SVXY.

$SVXY #CoveredCalls #Rollup – did…

$SVXY #CoveredCalls #Rollup – did the following rollup with the stock at 71
Bought to close SVXY Aug 26 2016 69.0 Calls @ 1.94
Sold SVXY Sep 02 2016 71.0 Calls @ 2.19
I bumped the strike price up 2 points and added a 0.25 credit to my account while only adding one week to my holding period.
I was going to let this position get assigned but the collapse in the stock from 74.24 to 71 made the roll too attractive. And I made money on the calls that I covered. Win-Win

$DUST #ShortCalls #Rollup – the…

$DUST #ShortCalls #Rollup – the split complicated matters but this roll was still also slightly cash flow positive.
Bought to close 10 DUST(ns) Aug 26 2016 5.5 Calls @ 0.90
Sold 2 DUST Sep 09 2016 30.0 Calls @ 4.60
This one was harder because it was further in the money.

$DUST #ShortCalls #Rollup – the…

$DUST #ShortCalls #Rollup – the split complicated matters but the roll was still slightly cash flow positive
Bought to close 10 DUST(ns) Aug 26 2016 6.0 Calls @ 0.40
Sold 2 DUST Sep 02 2016 33.0 Calls @ 2.30

$SVXY #CoveredCalls #Rollup – did…

$SVXY #CoveredCalls #Rollup – did the following rollup with the stock at 73.86
Bought to close SVXY Aug 26 2016 69.0 Calls @ 4.58
Sold SVXY Oct 07 2016 75.0 Calls @ 5.13.
I bumped the strike price up 6 points and added a 0.55 credit to my account.
My first trade in this new weekly contract and the strike price is above the YTD high.

$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.

$NUGT #ShortPuts #Rollup – Bought…

$NUGT #ShortPuts #Rollup – Bought to close 1 NUGT Aug 19 2016 70.0 Call @ 0.01 /Sold 1 NUGT Aug 19 2016 130.0 Put @ 1.11 For a 1.10 credit.
Also sold 2 NUGT Aug 19 2016 175 Calls @ 0.80.
All these should expire Friday

$SVXY #ShortCalls #Rollup – since…

$SVXY #ShortCalls #Rollup – since my account seems to come under margin pressure every time SVXY approaches 74, I put in this diagonal rollup spread last week. It finally filled.
Bought to close SVXY Sep 16 2016 60.0 Calls @ 13.99
Sold SVXY Jan 19 2018 95.0 Calls at 14.22.
Cash flow positive at a 0.23 Credit and bumped the strike price 35 points. Gives me some room to maneuver for margin purposes.

$SVXY #CoveredCalls #Rollup – Deep…

$SVXY #CoveredCalls #Rollup – Deep in the money rollups are tough to get off.
Bought to close SVXY Aug 12 2016 60.0 Calls @ 11.70
Sold SVXY Sep 23 2016 63.0 Calls @ 12.10 for a 0.40 Credit plus 3 additional points on the strike price.

$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 – another…

$SVXY #CoveredCalls #Rollup – another rollup I didn’t think I would have to make.
Bought to close SVXY Aug 5 2016 68.0 Calls @ 1.98 with the stock at 69.92
Sold SVXY Sep 9 2016 70.5 Calls @ 4.84.
At least this new strike price is above the YTD high of 70.15 reached this morning.

$SVXY #CoveredCalls #Rollup – another…

$SVXY #CoveredCalls #Rollup – another rollup I didn’t think I would have to make.
Bought to close SVXY Aug 5 2016 67.0 Calls @ 2.98 with the stock at 69.93
Sold SVXY Aug 26 2016 69 Calls @ 4.22.
Earned all the time premium on the 67.0 calls, Raised the strike price 2 Points, and brought in 1.24 credit to pad my cash balance.
It’s all good as long as the stock keeps rising.