#VXXGame #ShortPuts #ShortCalls
Decided to finally throw on some short volatility trades to offset my annoying SVXY short calls. These trades were made yesterday but I forgot to post:
STO UVXY March 3rd 26 calls for .50
STO UVXY March 17th 32 calls for .73
STO SVXY March 17th 100 put for 1.35
STO SVXY March 17th 110 put for 2.53
$CVS #ShortCalls – Bought to close CVS Jan 24 2017 82.5 Calls @ 0.01. These were leftover short calls from a ratio write on this stock that I sold last Friday on assignment. No reason carry this risk anymore.
$DUST #ShortCalls – Sold DUST Jan 19 2018 90.0 Calls @ 4.80. Paired with a bunch of ITM Apr and Jun short Puts.
Highest available strike price.
$UVXY #ShortCalls – Sold UVXY Feb 24 2017 23.5 Calls @ 0.42. Three days until expiration and 1.5 points above last week’s high
#ShortCalls – Closed call side of March monthly strangles last week. Moving out a little and selling more on this bounce. Still short March 105 puts…
Sold NVDA MAR 31 2017 124.0 Calls @ 1.09
I’ll add puts once the March puts get a little air under them…
$UVXY #ShortCalls – so I had 2 UVXY Feb 17 2017 20.5 calls written against 100 shares of stock.
Since the stock closed at 20.25 at 4:00 I saw no need to cover them, even at a penny. But the stock went to 20.51 or 20.52 in the after hours and I now(Saturday) find that I am short 100 shares in one account at TD Ameritrade.
I have no idea if they have stock to borrow or not, but I’ve put in a covering order at 19.50. If the market opens strong I may be out by 9:31. If not, I’ll play it by ear.
#shortputs
$AMZN 4/21 780/805 BUPS @ 4.54 (RCK89 @ OMM)
$GRMN STO 3/17 47.50 puts @ .85
#shortcalls
$CELG STO 3/17 120 call @ 2.29
#longcalls
$CELG BTO 4/21 120/125 BUCS @ 2.35
$SPY BTO 2/24 235 call @ .69
$NKE BTO 4/21 60 call @ .63
Closed Early
$MU 2/17 24/22 BUCS 44% profit
$UVXY #ShortCalls – hitting every available expiration date but keeping trades small.
1 UVXY MAR 3 2017 25.0 Call @ 1.07
1 UVXY MAR 10 2017 29.0 Call @ 1.07
UVXY MAR 10 2017 34.0 Calls @ 0.47
UVXY MAR 10 2017 40.0 Calls @ 0.42
UVXY MAR 17 2017 45.0 Calls @ 0.48
1 UVXY MAR 24 2017 34.0 Call @ 1.07
UVXY MAR 24 2017 45.0 Calls @ 0.64
1 UVXY MAR 31 2017 33.5 Call @ 1.44
1 UVXY JUN 16 2017 60.0 Call @ 2.43
1 UVXY SEP 15 2017 60.0 Call @ 4.05
$UVXY #ShortCalls, #ContangoEtfs Bought to close my Feb 17th UVXY calls @ .05.
$SVXY #ShortCalls – Sold 1 SVXY JAN 19 2018 250.0 Call @ 5.80 with the stock at 133.65. Highest available strike price.
$DUST #ShortCalls – Sold DUST JUN 16 2017 65.0 Calls @ 1.70. Offsetting some short put positions at the highest available strike price
#shortputs #shortcalls
$JNUG STO 2/17 11 put @ .45
$T STO 3/24 41.5 call @ .40 (covered)
Closed Early
$SPY STC 2/17 230 call @ 3.15 BTO 1/27 @ 1.36
#shortcalls
$REGN STO 02/17/2017 360.00 C @8.10
#shortcalls
All my short calls on my full $YELP stock position will expire worthless.
Of course, my full $YELP shares are worth less.
Will watch tape today and see if covering again or unloading makes sense.
$SVXY #ShortCalls – Sold 1 SVXY Jan 19 2018 240.0 Call @ 4.80 with the stock at 125.03
$DUST #ShortCalls #Strangles – I’ve decided to add to positions from yesterday
Sold DUST APR 21 2017 53.0 Calls @ 0.95
Sold 1 DUST JAN 19 2018 90.0 Call @ 4.50
These trades cost nothing in the way of margin but they do bring in a cushion of cash. All are the highest available strike prices. The stock is opening near 27, up a bit today
$DUST #ShortCalls #Strangles – I’ve decided to add to positions from yesterday to partially hedge any unexpected put assignments that might happen over the next month or so.
Sold DUST APR 21 2017 53.0 Calls @ 0.90
Sold 1 DUST JUN 16 2017 65.0 Call @ 1.70
Sold 1 DUST JAN 19 2018 90.0 Call @ 4.40
These trades cost nothing in the way of margin but they do bring in a cushion of cash. All are the highest available strike prices. The stock is hovering near 26, up a bit today
$DUST #ShortCalls #Strangles – with DUST below 25.0 and pushing even my lowest strike price Puts into the money, I’ve decided to partially hedge any unexpected assignments that might happen over the next month or so.
Sold DUST APR 21 2017 53.0 Calls @ 0.85
Sold 1 DUST JUN 16 2017 65.0 Call @ 1.55
Sold 1 DUST JAN 19 2018 90.0 Call @ 4.10
These trades cost nothing in the way of margin but they do bring in a cushion of cash. All are the highest available strike prices and as long as I am carrying short puts I should be able to safely add to these at higher prices.
$DUST #ShortCalls – Bought to close DUST (ns) Mar 17 2017 12 Calls @ 0.05. This was an old pre-split position and won’t trade any lower.
Sold these last year over many months between July and early October at an average of 1.50
#OptionsExpiration #Earnings #SPXcampaign #IronButterfly #CoveredCalls #Assignment #ShortPuts #ShortCalls #VXXGame #StockTrades #ShortStrangles
–Expiring w/max profit–
FB 123, 126, 129 puts
FB 138 covered calls
REGN 340/400 strangle
UVXY 32 and 40 calls
SPX 2260/2235 put spreads. Sold for 3.35 on Jan 24th
SPX 2245/2220 put spreads. Sold for 1.35 on Monday
— Assignment ?? —
AMZN 840 put… was going to let the 810 long put cancel it out, but looks like I may get stock instead
— Expired w/Max loss —
AAPL 118/121/124 iron butterfly
$SVXY #ShortCalls – Bought to close 1 SVXY Feb 3 120 Call @ 2 to avoid assignment. Originally sold @ 2.75.
This friggin’ stock rallies late in the day almost every Friday. Feels a bit like manipulation to me.
$SVXY #ShortCalls – Sold 1 SVXY Jan 19 2018 225.0 Call @ 5.30 with the stock at 121.08
$UVXY #ShortCalls – Sold UVXY Feb 10 2017 37 Calls @ 0.54 with the stock at 26.31.
$MRO #ShortCalls – Bought to close MRO Apr 21 2017 25.0 Calls @ 0.01. They wont trade any lower.
Originally sold @ 0.43 on 12/1.
$UVXY #ShortCalls #VXXGame – maybe I was a bit early on some of these but volatility spikes are no longer measured in days but in hours. Many of these are at the highest available strike prices.
UVXY Feb 3 2017 30.0 Calls @ 0.34 – these expire Friday
UVXY FEB 17 2017 60.0 Calls @ 0.28
UVXY FEB 24 2017 55.0 Calls @ 0.55
UVXY FEB 24 2017 56.0 Calls @ 0.50
UVXY FEB 24 2017 56.0 Calls @ 0.45
UVXY FEB 24 2017 60.0 Calls @ 0.37
UVXY MAR 3 2017 60.0 Calls @ 0.55
1 UVXY MAR 10 2017 34.5 Calls @ 1.77
UVXY MAR 17 2017 60.0 Calls @ 1.00
1 UVXY JUN 16 2017 60.0 Call @ 4.60
1 UVXY SEP 15 2017 60.0 Call @ 6.75
$UVXY #shortcalls
STO Jun 19 $60 C for $4.45
Thanks Ramie
$JNJ 113/115/117/115 Iron Butterfly Lost $54 per contract
$COF 85/87/89/87 Iron Butterfly Lost $40 per contract
$LUV 49/50 BUPS 100% profit
$EBAY 28.5 put 100% profit
#spxcampaign #coveredcalls #shortputs #shortcalls #assignment
Expired Full Profit
$SPX 2120/2145 BUPS
$SPX 2155/2180 BUPS
$SPX 2235/2260 BUPS
$LULU 70.50/69.50 BECS
$NUGT 12 call (covered)
$CELG 115 call (Covered)
$LULU 60 put
Called Away
$MPC 1/27 49 calls
Thanks to everyone for sharing. Enjoy the fruits of your labor this weekend.
#OptionsExpiration #Earnings #ShortStrangles #ShortPuts #ShortCalls #IronButterfly #VXXGame #Assignment #BullPutSpreads
–Expiring w/max profit–
EBAY 28.5 puts
FB 126 put
FFIV 157.5 calls
LUV 50/49 put spreads
SPX 2260/2235 put spreads
UVXY 37 calls
–Assignment–
SBUX 60 puts, stock assigned, cost basis 56.73
–Expired w/max loss–
COF 85/87/89 iron butterfly
SPX 2300/2325 LONG call spread, bought for 1.10, closed half for 4.70 so overall profitable trade.
#ShortCalls – Replacing the one I closed yesterday….still holding the Feb 260 put so legging into a March strangle.
Sold IBB MAR 17 2017 290.0 Call @ 3.30
#spxcampaign
Closed %&$(^&$#@)(*&&
$SPX 1/25 2310/2285 BECS @ 400% loss (Had profit yesterday but chose not to close)
#longcalls
$VALE 2/17 12 calls @ .18 – lottery ticket (Dr Science idea @ OMM)
#earnings (@jeffcp66)
$EBAY 1/27 28.50 puts @ .36
$LUV 1/27 49/50 BUPS @ .50
#shortcalls
$AKS 3/17 12/8 BECS @ .80 (Dr Science idea @ OMM)
#ContangoETFs #ShortCalls #CoveredCalls #GOLD
Earlier today…
STO RGLD Feb 17th 80 covered call for .50
BTC DUST Feb 17th 107 call for .05. Sold for 5.45 on Dec 20th.
BTC Dust Feb 17th 75 call for .15. Sold for 9.00 on Nov 23rd.
This leaves me flat in DUST/NUGT. Going to leave them alone until one of them goes on a bullish surge. I did well overall on this DUST bull run (started selling calls on Oct 4th), although it would have been better if I wasn’t forced to close a few on the highs due to margin (Nov 11 & 14). I will be careful to not sell too many too fast next time.
Borrowing an idea from @optioniceman from Friday.
Sold $NUGT Jan 27 12.00 calls @ .23 for this week’s expiration.
#ShortCalls
#shortcalls
STO
$NUGT 2/3 11 calls @ .77 (covered)
$NUGT 1/27 12 calls @ .22 (covered)
Closed Out
$GOOGL shares assigned Friday for additional 6 points. Placed a stop at 833.60. Stock then closed @ 844.50, with low .20 below my stop. Feels sort of good not being a piggy. ;-}
#OptionsExpiration #SPXcampaign #ShortCalls #ShortPuts #Earnings #ContangoETFs #VXXGame
— Expired w/Max Profit —
DUST 60 call
FB 110 put
NFLX 105.71, 120, and 125 puts
NUGT 30 call
UVXY 37 calls
SPX 2300/2325 calls
— Expiring w/loss —
PG 82.5/84.5/86.5 iron butterfly
#VXXGame #ShortCalls #Rolling
BTC SVXY Jan 20th 95 call for 16.05. Rolled to: June 135 calls for 8.05 (x2)
BTC SVXY Jan 20th 105 calls for 6.10. Rolled to: June 140 calls for 6.60
$SVXY #ShortCalls – Bought to close SVXY Jan 20 110 Calls @ 0.66 to avoid assignment. Originally sold for 1.50.
#ShortCalls Closed this position to avoid assignment today. This was a rollout from deep deep deep in the money calls and had to be rolled several times (the last time when NUGT was around 33!) Obviously glad to be out of this one for an ultimate profit and glad to be out of the other out of the money short NUGT calls that will be expiring today.
Bought to close $NUGT Jan 20 9.00 calls @ 1.36. Sold for 24.30 as a rollout on 8/3/16.
$UVXY #ShortCalls #VXXGame – sold these yesterday afternoon but couldn’t report them since I was travelling.
Sold 1 UVXY Mar 17 2017 60.0 Call @ 2.60
Sold 1 UVXY Jun 16 2017 60.0 Call @ 6.60.
These are extraordinary premiums given that the stock would have to double to put them in the money.
#VXXGame #ShortCalls STO UVXY Jan 27th 37 calls for .75
#Earnings #ShortCalls #ShortPuts
With the success of yesterday’s bullish trades, I am closing NFLX positions that were rolls from failed October earnings trades.
BTC NFLX March 95 put for .15. Sold for 2.55 on 10/24
BTC NFLX March 90 put for .12. Sold for 2.97 on Nov 14th
BTC NFLX March 150 calls for 2.77. Sold for 4.50 on Oct 21st
#shortputs
$CVI 1/20 22.50 put @ .28
$MS 1/20 40/45 BUPS @ 1.80 (Terrible earnings trade)
$CHK 2/17 7 put @ .37
#shortcalls
$UVXY 2/3 40.50 call @ 1.30 Thanks @optioniceman with nod to @vxxkelly
$UVXY #ShortCalls #VXXGame – Top of the chain for 100 share contracts
Sold UVXY Jan 20 2017 40.0 Calls @ 0.22
Sold UVXY Jan 27 2017 40.5 Calls @ 0.71
Sold 1 UVXY Feb 3 2017 40.5 Calls @ 1.37
Sold 1 UVXY Feb 10 2017 40.5 Calls @ 2.06
Sold 1 UVXY Feb 17 2017 40.0 Calls @ 2.85
Sold 1 UVXY Feb 24 2017 40.5 Calls @ 3.05
$SVXY #ShortCalls – after the bell, Bought to close 1 SVXY Jan 13 2017 107.0 Call @ 0.31 to avoid assignment
Originally sold at 1.50 on 1/09/17
I keep thinking of that scene from Steve Martin’s “The Jerk”… because the new UVXY options are here! I’m following some of you knuckleheads on these short termers:
STO UVXY Feb 3rd 40 calls for 1.45
STO UVXY Jan 20th 37 calls for .39
Okay, now I’m somebody.
$UVXY #ShortCalls – Sold UVXY JAN 20 2017 40.0 Calls @ 0.27.
If UVXY goes up 33% in a week, where will SVXY be trading??
edit: Plus the market is closed on Monday so another short trading week.
$SVXY #ShortCalls – Don’t trust it, don’t trust it, don’t trust it !!
Bought to close 3 SVXY Jan 13 2017 110.0 Calls @ 0.01
Sold 1/11 @ 0.39
Bought to close 2 SVXY Jan 13 2017 109.0 Calls @ 0.01
Sold 1/11 @ 0.57
$UVXY #ShortCalls #TopOfTheChain (at least for now)
Sold UVXY JAN 27 2017 40.5 Calls @ 0.85
Sold 1 UVXY FEB 3 2017 40.5 Call @ 1.45
$SVXY #ShortCalls #TopOfTheChain – with the stock at 107
Sold 1 SVXY JAN 19 2018 200.0 Call @ 6.60
Sold 1 SVXY JAN 18 2019 200.0 Call @ 19.0
$SVXY #ShortCalls #TopOfTheChain – Sold 1 SVXY JAN 19 2018 200.0 Call @ 6.10. Added to my position.
$SVXY #ShortCalls #TopOfTheChain –
Sold 1 SVXY JAN 19 2018 200.0 Call @ 5.90
Sold 1 SVXY JAN 18 2019 200.0 Call @ 18.0
$SVXY #ShortCalls #OptionLadder – given what this stock has done recently, this is a bit of a speculation.
Sold 1 SVXY JAN 13 2017 107.0 Call @ 1.50
Sold 1 SVXY JAN 20 2017 110.0 Call @ 1.50
Sold 1 SVXY JAN 27 2017 113.0 Call @ 1.50
#ShortCalls #LEAPS – Rolling out but not up…sliding these short calls out along the 20ma. Planning on collecting max premium next 2 weeks then rolling way up into earnings if still ITM. Sold against a long Leap call.
Rolled 770.0 call out to next week 770.0 @ 3.26 credit.
#ShortCalls #LEAPS – Rolling out but not up. Planning on collecting max premium next 2 weeks then rolling way up into earnings if still ITM. Sold against a long Leap call.
Rolled 802.50 call out to next week 802.50 @ 2.25 credit.
#ContangoETFs #ShortCalls
BTC DUST Jan 20th 80 call for .05. Sold for 5.00 on Nov 17th
BTC DUST Jan 27th 107 call for .05. Sold for 3.00 on Dec 20th
#spxcampaign
$SPX 1/23 2140/2165 BUPS @ 1.70 Thank you @jeffcp66
$SPX 2/3 2100/2125 BUPS @ 1.45 Thank you @jeffcp66
#shortputs
$NVDA 2/3 90 puts @ 1.75 Thank you @fuzzballl
#shortcalls
$REGN 1/13 382.50 call @ 7.00 Covered
$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 – Bought to close SVXY Dec 30 2016 95.0 Calls @ 0.05.
Not willing to risk a late day VIX collapse.
Finally made some good money on some SVXY Call sales.
#shortcalls
$NUGT 1/6/20179 call @.45 (Covered)
$UVXY #ShortCalls #ClassicVXXGame – with still OVER A YEAR to go until expiration, this shows the power of the #VXXGame dynamic. These were pre-split contracts and were never in any danger of trading any higher after they were sold.
Bought to close UVXY2 Jan 19 2018 115.0 Calls @ 0.01. They won’t trade any lower.
Originally sold in mid June 2016 at 4.25. I sure wish I had sold more than 4 of them 🙂
$UVXY #ShortCalls #VXXGame – getting ready for the pending reverse split. These will be much less liquid after that.
All are at the highest available strike prices.
Sold UVXY FEB 17 2017 18.0 Calls @ 0.43
Sold UVXY JUN 16 2017 35.0 Calls @ 0.95
Sold UVXY JAN 19 2018 60.0 Calls @ 1.20
Sold UVXY JAN 18 2019 24.0 Calls @ 3.90 -#ClassicVXXGame
$DUST #ShortCalls – Bought to close 1 DUST Jan 6 85.0 Call @ 0.05. It won’t trade any lower.
Sold on 12/15/16 at 5.70
$UVXY #ShortCalls #TaxPlanning – covered another big position to move the gain into this tax year.
Bought to close 18 UVXY Jan 20 2017 (Pre split) 170 Calls @ 0.01 (no commission)
Here are my entry prices when I sold:
1/7/2016 @ 12
1/8/2016 @ 13
1/11/2016 @ 14.50
1/19/2016 @ 16
1/19/2016 @ 17
1/20/2016 @ 20.10
This was perhaps my best #VXXGame trade EVER !!
$UVXY #ShortCalls – Sold UVXY Jan 6 2017 10.5 Calls @ 0.12.
$UVXY #ShortCalls – Sold UVXY Jan 13 2017 10.5 Calls @ 0.31.
Strike price a half point higher than my last sale
$UVXY #ShortCalls #VXXGame – there was really no need to cover these because they would have expired. But I actually need more gains in this tax year and it was a large position.
Bought to close 70 UVXY JAN 20 2017 60.0 Calls @ 0.01 (no commission).
Originally Sold between Sept and Nov 2016 at an average of 1.25.
#ShortCalls – This week’s looking fairly safe (in spite of that little spike about 60 seconds after I was filled…grrr) so selling next week’s against short puts.
Sold TLT JAN 6 2017 118.0 Calls @ .69
Sold TLT JAN 6 2017 118.5 Calls @ .52
#ShortCalls – Just a little roll up while she goes sideways along the 50ma. Sold against a LEAP long call / put spread position.
Rolled GOOGL DEC 30 2016 800.0 Call to JAN 6 2017 802.5 Call @ .90 credit
#OptionsExpiration #SPXcampaign #ShortStrangles #ShortCalls #Earnings #ContangoETFs
— Expiring —
DUST 80 call
REGN 347.5/400 strangle
SPX 2225/2200 put spreads
Have a wonderful Christmas everyone!
#ContangoETFs #ShortCalls #rolling
BTC DUST Dec 30th 70 call for 1.80. Sold for 2.00 on 12/14
STO DUST Jan 13th 84 call for 2.00
$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
#ShortCalls – Reducing risk on an over sell against DITM puts…
Bought to Close TLT DEC 23 2016 119.0 Calls @ .02 (sold for .70)
#shortcalls
$SWN 1/20/2017 11 calls @ .60 (Covered call)
#SPX Campaign
$SPX 1/11/2017 2200/2225 BUPS @ 3.00
$SPX 1/20/2017 2365/2340 BECS @ 1.60
Closed Early for .05
$SVXY 1/20/2017 45 put
#ContangoETFs #ShortCalls #Rolling.
BTC DUST Dec 23rd 70 calls for 4.80 and 3.00. Sold for 1.60.
STO DUST Feb 17th 107 call for 5.40.
STO DUST Jan 27th 107 call for 3.00
#ShortCalls – Still selling short calls on the drop. Gotta find a bottom somewhere…maybe
Sold DEC 30 2016 118.5 Calls @ .52
$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.
Options Bistro 