#ShortPuts -Turning this into a full position now. Still continuing to sell the weeklies against at about a 1.5 ratio. These puts will really reduce my basis in the DITM Feb short puts.
Sold GLD FEB 17 2017 105.0 Puts @ 1.20
Tag Archives: ShortPuts
Expiration
#spxcampaign
$SPX 2070/2090 BUPS
#shortputs
$AAPL 113 put
$LVS 55 put
#Sell Premium
$CLVS 30/40 BUPS @ 1.60
$SVXY #ShortPuts #VXXGame – as…
$SVXY #ShortPuts #VXXGame – as has been noted here earlier, put premiums are scarce in SVXY.
I’ve rolled some short calls out to June and next two Januarys over the last few days so I’m going to sell some put positions since they cost me nothing in margin terms. I welcome the chance to sell more at higher prices.
Sold SVXY JAN 20 2017 55.0 Puts @ 0.20
Sold SVXY JUN 16 2017 39.0 Puts @ 1.28
Sold SVXY JAN 18 2019 20.0 Puts @ 2.00
$UVXY
$UVXY #ShortPuts #Rollout – taking a small gain in this week’s put option position and replacing it with a much lower strike price.
Bought to close UVXY Dec 23 2016 8.0 Puts/Sold UVXY Jan 13 2017 6.5 Puts @ 0.02 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 #IRA -Taking some more risk off betting on a chance to re-sell these at some point…
Bought to Close SVXY MAR 17 2017 40.0 Put @ .50 (sold for 2.80)
Bought to Close SVXY MAR 17 2017 45.0 Put @ .75 (sold for 4.00)
AAPL
I’ll be out all day tomorrow so to avoid assignment risk:
#ShortPuts – Bought to Close AAPL DEC 23 2016 116.0 Puts @ .38 (sold for 2.60)
$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…for the team!
#ShortPuts This should get volatilty back into the market… Lol
Sold SVXY Dec 30 2016 100 Put @ 4.10
#shortputs Twilight Zone Trade UVXY…
#shortputs
Twilight Zone Trade UVXY rolled an ITM Dec. 23 8.5 put to Jan. 20, 8 put for a .39 credit.
SVXY
#ShortPuts – Bought to Close SVXY DEC 23 2016 85.0 Put @ .05 (sold for 2.27)
SPX Trade
Dec 12 Sell 1 Jan 13 2150 put $6.60 $659.00
Dec 20 Buy 1 Jan 13 2150 put -$2.50 -$250.00 gain @ 61%
Dec 20 sell 1 jan 13 2200 put $5.70 $570.00
something to do while the mkt plays in the sandbox…
#shortputs SVXY closed Jan. 20…
#shortputs
SVXY closed Jan. 20 short puts 25,40,55
Closing out CMG
#Earnings #ShortPuts #ShortStrangles. These positions are rolls from a busted put sale in October. My profit from all the rolls has doubled my intended profit from the original trade, so I’m closing it all now to release margin.
BTC CMG Jan 6th 420 call for 1.20. Sold for 2.00
BTC CMG Dec 23rd 380 put for 1.60. Sold for 5.00.
BTC CMG Mar 17th 275 put for 1.43. Sold for 4.50.
Options Expiration 12/16/16
#OptionsExpiration #CoveredCalls #ShortCalls #ShortPuts #Earnings #ContangoETFs
–Expiring–
CMG 420 call
DUST 90 calls
NFLX 110 and 115 puts
RGLD 75 covered call
$NUGT #ShortPuts – Bought to…
$NUGT #ShortPuts – Bought to close NUGT Dec 16 2016 6.0 Puts @ 0.04 on a 0.05 limit to avoid possible assignment
CVS
#ShortPuts #FallingKnife – These are out to January so freeing up margin in an #IRA instead of waiting another month.
Bought to Close CVS JAN 20 2017 70.0 Puts @ .19 (sold for 1.45)
GS
#ShortPuts – After a couple pretty aggressive roll-ups I’m booking them. May re-sell if we get a little rollover
Bought to Close GS DEC 23 2016 225.0 Puts @ .25 (sold for 4.05)
Still short 2018 130/100 bull put spreads. Plan on holding them for quite awhile unless things get really ugly.
#shortputs NUGT Sold Jan. 29…
#shortputs NUGT Sold Jan. 29 5 put for .45
$NUGT #ShortPuts #Rollout – Rolled…
$NUGT #ShortPuts #Rollout – Rolled this small position this morning
Bought to close NUGT DEC 16 2016 7.5 Puts/ Sold NUGT JAN 13 2017 7.0 Puts @ 0.05 Net Credit.
Still waiting to see if my last position for today (strike 6’s) will need to be rolled
$UVXY #ShortPuts – soooooo ……..
$UVXY #ShortPuts – soooooo ….. that didn’t work but I’m getting a good roll so I’m sticking with this small speculation for a bit longer
Bought to close UVXY Dec 16 2016 10.0 Puts / Sold UVXY Dec 30 2016 9.5 Puts for a 0.14 Credit
#shortputs $LVS 12/23 55 put…
#shortputs
$LVS 12/23 55 put @ .60
$SVXY 1/13/2017 60 put @ .75
#BECS
$NFLX 1/20/2017 150/140 BECS @ 1.20
#spxcampaign
$SPX 1/13/2017 2365/2340 BECS @ 1.40
Is the snow blowing in a different direction? (Not a poll question :-})
A few trades for margin gains
#ShortPuts #LongStock #CoveredCalls
STC $FB stock for 121.00. Sold partial position from assignment in October
BTC $FB Dec 16th 115 puts for .08. Sold for 1.64 on Nov 2nd
BTC $REGN Dec 16th 362.5 put for .50. Sold for 7.60 on Dec 2nd
STO $RGLD Jan 20th 75 covered call for 1.25
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Jan 20 2017 55.0 Puts @ 0.70 with the stock at 88.36.
This is an initial position for this contract. I will add aggressively if the price rises.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Jan 13 2017 60.0 Puts @ 0.75 with the stock at 88.20.
This is an initial position for this weekly contract. I will add aggressively if the price rises.
$RH #ShortCalls #FallingKnife – Sold…
$RH #ShortPuts #FallingKnife – Sold RH JAN 20 2017 27.5 Puts @ 0.85 with the stock at 30.89
REGN roll
#ShortPuts #StrangleRoll #ShortStrangles
BTC REGN Dec 9th 380 put for 6.55. Sold for 5.00 on Nov 28th
STO REGN Dec 23rd 347.5/400 strangle for 6.55
$UVXY #ShortPuts #Rollout – Bought…
$UVXY #ShortPuts #Rollout – Bought to close UVXY Dec 9 2016 10.5 Puts/Sold SVXY Dec 23 2016 10 Puts @ 0.10 Credit.
#shortputs RH Sold Jan. 20,…
#shortputs
RH Sold Jan. 20, 27.50 put for .70
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY DEC 30 2016 59.5 Puts @ 0.40 with the stock at 88.39
Earnings results
#Earnings #ShortStrangles #ShortPuts AVGO flies high as usual, but RH takes a bigger than normal dump. My 32 puts are on the edge. Will decide later if I have to roll or take assignment.
$AVGO #ShortPuts #Earnings – Sold…
$AVGO #ShortPuts #Earnings – Sold AVGO DEC 9 2016 155.0 Puts @ 0.35 with the stock at 170.79.
These expire tomorrow.
$RH #ShortPuts #Earnings – Sold…
$RH #ShortPuts #Earnings – Sold RH Dec 9 2016 30.0 Puts @ 0.25 with the stock at 38.90.
These expire tomorrow.
RH earnings
#Earnings #ShortStrangles Sold to Open $RH Dec 9th 32/45 strangles for .90. Biggest UP move: 12.7%, Biggest DOWN move: -21.2%, Average move: 7.0%. These strikes are each 16.9% OTM. RH usually moves up on earnings; it’s drop of -21,2% last June was an outlier; it’s 2nd biggest drop was only -4.3%.
AVGO earnings
#Earnings STO Dec 9th 162.5 puts for 1.35. Biggest UP move: 14.7%, Biggest DOWN move: -2.2%, Average move: 6.2%. This trade is -5.0% OTM. Trade is bullish since it almost always goes up on earning, and if not it only goes a little bit down.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Dec 23 2016 63.0 Puts @ 0.35 with the stock at 86.52. Seems to be a fairly safe two week bet.
$CVS #ShortPuts – Sold CVS…
$CVS #ShortPuts – Sold CVS Dec 30 2016 75.0 Puts @ 0.35 with the stock at 80.08. Paired with short Calls.
The stock has collapsed since the trade so they could be sold much higher now.
$ILMN #ShortPuts #FallingKnife – Sold…
$ILMN #ShortPuts #FallingKnife – Sold 1 ILMN Jan 20 2017 100.0 Put @ 1.05
#shortputs #longcalls #shortstrangle Joined @ramie77…
#shortputs #longcalls #shortstrangles
Joined @ramie77 Burrito Brigade (What does our flag look like?)
$CMG 3/17/2017 275 put @ 4.40
$CMG 1/20/2017 330 put @ 5.20
#DB BTO 1/20/2017 18 calls @ 1.20
$MDLZ STO 1/20/2017 38/44 Strangle (Thanks Ramie via Tasty)
$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
$AGN #ShortPuts #FallingKnife – Sold…
$AGN #ShortPuts #FallingKnife – Sold AGN Dec 16 2016 175.0 Puts @ 0.75.
$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.
Closing trades for margin
#ShortPuts #ShortCalls #LongStock #ShortStock #ShortStrangles
Closing a few trades earlier than planned due to upside pressure on my margin. Fortunately, all but the REGN stock is profitable, but that one’s a biggie (sucks to lose due to downside pressure on a stock while the indices are breaking new highs). I have lost fights with REGN before, I should know better. But I will look to start selling some options once things calm down.
STC REGN long stock for 351.25. Assigned at 415.00 earlier this week.
BTC AZO Dec 16th 720/830 strangles for 1.95. Sold for 3.90 on Monday.
BTC DUST short stock for 48.00. Assigned at 50.00 on Nov 18th.
STC NFLX long stock for 125.05. Assigned at 122.00 on Nov 11th.
SVXY
#ShortPuts – Gradually freeing up cash in an #IRA
Bought to Close SVXY JAN 20 2017 40.0 Put @ .25 (sold for 2.75)
EWW
#Strangles #ShortPuts Started out selling strangles on this thing and rolling down puts and selling more calls. Now that it seems like it’s wanting to form a base here I’m turning all bullish. Instead of selling any calls I’m adding to the current puts to get it to a full position.
Sold EWW DEC 16 2016 45.0 Puts @ 1.00
CMG put
#ShortPuts #ShortStrangles #Earnings
Stuck with a Dec 23rd 380 put into today’s plunge. Joining the party in the March trade:
STO CMG March 17th 275 put for 4.45
REGN early assignment
#Assignment #EarlyAssignment #shortputs
Assigned 100 shares of REGN from Dec 9th 415 short put. Was planning to roll by Friday but someone got greedy. I may hold the stock or roll it back to a short put or short strangle.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Dec 16 2016 68.0 Puts @ 0.30. This is 20 points out of the money.
CMG
#ShortPuts I’ll join the CMG party…
Sold CMG Mar 17 2017 275.0 Put @ 4.10
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts #Weeklys – Sold DUST Dec 23 2016 30.0 Puts @ 0.40 with the stock at 50.29
SPX Puts Closed
Bought to close
qty 2 Dec 09 2140 short puts at 0.50, sold previously at 4.30 November 22nd…approx gain ~ 85%
$SVXY #ShortPuts #VXXGame #IRA -…
$SVXY #ShortPuts #VXXGame #IRA – Bought to close SVXY JAN 20 2017 25.0 Puts @ 0.05. They won’t trade any lower.
Originally sold at 5.20 on 1/15/2016 as a low risk trade. A greater than 20% return on cash in an IRA
REGN roll
#Earnings #Rolling #ShortPuts #inversestrangle
BTC $REGN Dec 2nd 380 put for 7.25. Sold for 2.40 on Monday.
Rolled to: REGN Dec 16th 362.5 put for 7.60.
The good news is my 375 call is expiring today, which I sold as a roll for 55.65 on Nov 10th!
$SVXY #shortputs STO Dec 02…
$SVXY #shortputs
STO Dec 02 $80 put for 0.10 all available actual price 0.14. Should be safe as price today didn’t serious threaten 81 since 10 AM.
$DUST #shortputs STO Dec 02…
$DUST #shortputs
STO Dec 02 $50 put for 0.85 earlier this afternoon, looking good.
$SVXY #ShortPuts #VXXGame – Sold…
$SVXY #ShortPuts #VXXGame – Sold SVXY Dec 16 2016 59.0 Puts @ 0.60. More than 20 points below yesterday’s intraday low with 11 trading days to go.
$NUGT #ShortPuts #Rollout – rolled…
$NUGT #ShortPuts #Rollout – rolled out the positions in the money for this week. In each case I dropped the strike price a point (over 10%).
Bought to close NUGT DEC 2 2016 9.0 Puts / Sold NUGT DEC 30 2016 8.0 Puts @ 0.06 Credit
Bought to close NUGT DEC 2 2016 8.5 Puts / Sold NUGT DEC 16 2016 7.5 Puts @ 0.08 Credit
Bought to close NUGT DEC 2 2016 8.0 Puts / Sold NUGT DEC 9 20167.5 Puts @ 0.10 Credit
$SVXY #ShortPuts #VXXGame – Sold…
$SVXY #ShortPuts #VXXGame – Sold SVXY Dec 9 2016 62.0 Calls @ 0.35 with the stock at 80.95 – these expire in 6 days
$UVXY $SVXY #ShortCalls #ShortPuts #VXXGame…
$UVXY $SVXY #ShortCalls #ShortPuts #VXXGame – hard to keep up with all the fills.
Here are the latest of them.
Sold UVXY Dec 16 2016 27.0 Calls @ 0.15
Sold UVXY Dec 23 2016 30.0 Calls @ 0.14
Sold UVXY Dec 30 2016 20.5 Calls @ 0.53
Sold UVXY Dec 30 2016 26.0 Calls @ 0.27
Sold UVXY Jan 6 2017 20.0 Calls @ 0.68
Sold SVXY Dec 16 2016 62.0 Puts @ 0.80
Sold SVXY Dec 16 2016 61.0 Puts @ 0.70
$MNK #ShortPuts #FallingKnife – Sold…
$MNK #ShortPuts #FallingKnife – Sold MNK Jan 20 2017 40.0 Puts @ 0.90
GS
#ShortPuts – Aggressive here so will be watching closely…
Rolled Dec 16th 200 puts out and up to Dec 23rd 210 puts @ 1.33 credit.
Total credit now up to 2.58…
#shortputs USO Closed Dec. 16…
USO Closed Dec. 16 and Jan. 16 9.5 puts bought yesterday and Nov. 3, made 60%. I won’t bet that some of the worst people in the world keep their word of honor to each other.
Closed SPX Trade
BTC 2 Dec 07 2140 Short puts at $1.30, prev sold on 21-Nov,at $4.20, for a 60% win.
Since this was a Roll or second short put sold against my original long side, this week is closed out, as the price of the next Delta-12 Put is too close to current mkt price of 2210.
MNK puts
Post-earnings move down this morning. Sold $MNK Jan 20 45 puts @ 1.70. Delta is 22. If assigned in January it would be at a 4 year low for the stock.
$SVXY #ShortPuts – Sold SVXY…
$SVXY #ShortPuts – Sold SVXY Dec 16 2016 60.0 Puts @ 0.20
#shortputs USO sold Jan. 20,…
#shortputs
USO sold Jan. 20, 9.50 put for .47
$DUST #ShortPuts – Sold DUST…
$DUST #ShortPuts – Sold DUST Dec 16 2016 35.0 Puts @ 0.80 with the stock at 50.52
CMG
#ShortPuts #IRA Thanks for the idea Jeff…
Sold CMG Jan 6 2017 370.0 Put @ 4.80
$SVXY #ShortPuts – with the…
$SVXY #ShortPuts – with the call assignment I had last Friday, I have a bit of spare cash that I can use to sell more puts against.
Sold SVXY Dec 2 2016 72.0 Puts @ 0.25
Sold SVXY Dec 2 2016 70.0 Puts @ 0.20
These are more than 10 points out of the money and expire at the end of the week.
REGN puts sold
#Earnings #InverseStrangle #ShortPuts
Currently short the Dec 2nd 375 call and Dec 9th 415 put (inverse strangle). Selling some puts on the spike down this morning:
STO REGN Dec 2nd 380 put for 2.40
STO REGN Dec 9th 380 put for 5.00
Options Expiration 11/25/16
#OptionsExpiration #SPXcampaign #Earnings #ShortPuts #IronButterfly #ContangoETFs
— Expired —
DUST 35 puts
REGN 390 put
SPX 2150/2125 put spreads (sold for 2.70 on Nov 15th)
SPX 2175/2150 put spread (sold for 14.00 on Oct 13th)
— Expired with max loss —
DE 90/92.5/95 iron butterfly
REGN fat-fingered roll
#Earnings #ShortPuts #Rolling Was trying to make this roll with a $1 credit but turkey-induced droopiness led to the reverse, a 1.10 loss. Oh well… not much in the scheme of inverse strangles…
BTC REGN Nov 25th 420 put for 22.00
STO REGN Dec 9th 415 put for 20.90
$NUGT #ShortPuts #RollOut – Bought…
$NUGT #ShortPuts #RollOut – Bought to close NUGT NOV 25 2016 8.5 Puts / Sold NUGT DEC 16 2016 7.5 Puts @ 0.21 Credit
$AMGN #ShortPuts #FallingKnife – Bought…
$AMGN #ShortPuts #FallingKnife – Bought to close AMGN DEC 2 2016 125.0 Puts @ 0.01. They won’t trade any lower.
$NUGT #ShortPuts #RollOut – Bought…
$NUGT #ShortPuts #RollOut – Bought to close NUGT NOV 25 2016 9.0 Puts / Sold NUGT DEC 23 2016 8.0 Puts @ 0.15 Credit
Options Bistro 