#ShortStrangles – My 325/425 Jan 20 strangle is about 60 percent profitable so I’ll be watching it closely to make sure I don’t give much back. In the meantime, trying to sneak in another one right before earnings…It’s the highest available call strike (I’d rather have slightly higher) so taking a fairly aggressive put position. I’m only doing this because the Jan position hasn’t been in trouble and I’m able to keep a tight leash on it.
Sold REGN FEB 3 2017 335.0/412.5 Strangle @ 8.50
#ShortStrangles – This should be the week before earnings so I’ll have some high IV the following week if I need to roll at all…
Sold NVDA FEB 3 2017 85.0/125.0 Strangles @ 1.56
#ShortStrangles – Looking to get some theta cranked up and made out pretty good with this ticker last time. Playing it slightly bearish with all the Mexico drama…
Sold EWW FEB 17 2017 39.0/45.0 Strangles @ 1.26
#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!
#ShortStrangles #Rolling #Earnings
STO REGN Jan 13th 350/405 strangle for 6.40. Replacing strangle that expires today.
#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.
#ShortStraddle – Split the sides up and filled with a 380.0 pin. Sweet!
After various rolls:
Bought to Close REGN DEC 16 2016 380.0 Put @ .50 (sold for 2.95)
Bought to Close REGN DEC 16 2016 380.0 Call @ .45 (sold for 3.00)
#ShortStrangles – A new one for January…
Sold REGN JAN 20 2017 325.0 Put @ 2.27
Sold REGN JAN 20 2017 425.0 Call @ 3.02
#Earnings #ShortStrangles #ShortCalls #Rolling
STO $CMG Jan 6th 420 call for 2.00. Replaces the 420 call expiring today, and offsets a couple short puts that are doing nicely.
#Earnings #ShortStrangles
BTC RH Dec 9th 32 puts for .05 to avoid possible assignment. Will let the 45 calls expire. Strangle sold yesterday for .90.
#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
#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.
#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%.
#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)
#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.
#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
#Earnings #ShortStrangles
Sold to open $AZO Dec 16th 720/830 strangles for 3.90. 13-day moves after earnings over last 3 years: Biggest UP move: 6.5%, Biggest DOWN move: -2.5%, Average move: 2.5%.
These strikes are -7.7% and +6.4% OTM respectively.
EWW Closed Jan. 20 38/48 for 36, sold for 103 on Nov. 18
#Earnings #ShortStrangles Sold to Open $TIF Dec 2nd 73/85 strangles for 1.14. Over last 3 years, 5-days after earnings: Biggest UP move: 10.1%, Biggest DOWN move: -5.1%, Average move: 4.8%. The put is -6.4% OTM, and the call is 9.0% OTM.
TLT
#shortstrangles Followed from TT Jan 20 121 put/122 call for 5.00
#Earnings #ShortStrangles #Rolling
Rolling up CMG short put. Also short the Dec 16th 420 call
BTC CMG Dec 16th 350 put for .80. Sold for 10.80 on Nov 1st.
STO CMG Dec 23rd 380 put for 5.00.
#OptionsExpiration #Earnings #ContangoETFs #ShortStrangles #ShortPuts #ShortCalls #CoveredCalls #VXXGame
— Expiring —
BBY 38 and 38.5 puts
DUST 55 call
DUST 35 puts
LOW 65/72 strangles
RGLD 82.5 covered call
UVXY 45 call
— Assignment —
DUST 50 call, taking short stock (only because I forgot to roll)
#Earnings #ShortStrangles
BTC $REGN Nov 18th 400 put for 2.50
STO $REGN Nov 25th 390 put for 3.80
#Earnings #ShortStrangles STO $REGN Nov 25th 420 put for 5.00. Selling against my woefully ITM short call.
#Earnings #shortstrangles
STO $CMG Dec 16th 420 call for 6.00. Paired with a 350 put, as a roll-out from busted earnings trade last month.
$SVXY #ShortStrangles #VXXGame – premiums are utterly amazing on these instruments the last two days. Went the strangle route this morning –
Sold SVXY Nov 18 2016 45/85 Strangles @ 0.55 with the stock at 71.25 .
Edit: Oops this was the Nov 18 contract. Corrected the post.
Actually not as a great trade but it will still work.
$NFLX #ShortStrangles #Earnings – I’d rather do more of a safer strangle
Sold NFLX 82/123 Strangles that expire Friday for 0.47
$NKE #ShortStrangles #Earnings – Sold NKE Sep 30 2016 51.0/59.0 Strangle for 0.42
edit: Also Sold NKE Sep 30 2016 51.5/60.0 Strangles for 0.40
$SRPT #ShortStrangles – I have some strangles expiring today. Adding some for next week.
Sold SRPT Aug 29 2016 10.0 Puts / SRPT Aug 29 2016 41.0 Calls @ 0.55 Credit with the stock at 25.79
$SRPT #ShortStrangles #Speculation- Sold SRPT AUG 19 2016 55.0 Calls / SRPT AUG 19 2016 7.0 Puts @ 0.90 Credit
The call is the highest available.
#Earnings #ShortStrangles Asking 1.90 for ALXN July 29th 117/136 strangle. Biggest UP move: 21.1%, Biggest DOWN move: -5.5%, Average move: 5.3%. These strikes are over 7% OTM. The 21% up move is an outlier; next highest is 7.3%. If you eliminate the outlier, these strikes are outside its biggest moves.
I may add some long options as protection later.
$NUGT #ShortStrangles – missed one from yesterday.
Sold 1 NUGT Jul 1 2016 175.0 Call / Sold 1 NUGT Jul 1 2016 70.0 Put @ 3.10 total Credit
$NUGT #ShortCalls #ShortStrangles – a minor adjustment to my positions today:
Bought to Close 1 Contract NUGT Jun 17 2016 105 Call at $5.30 for a small gain
In it’s place I sold 2 strangles for this week –
NUGT Jun 17 2016 120 Calls / NUGT Jun 17 2016 79 Puts @ 2.06 Credit
Not a cash generator but I feel better about holding the new positions through Friday.
$NUGT #ShortStrangles – Sold 1 NUGT Jun 24 2016 70/150 Strangle @ 3.60.
Also covered this week’s 117 calls @ 0.05, just in case.
$NUGT #ShortStrangles – started out the day selling Puts
Sold NUGT Jun 03 2016 55.0 Puts @ 0.70
Sold NUGT Jun 03 2016 60.0 Puts @ 1.15
Sold NUGT Jun 03 2016 65.0 Puts @ 1.90
Now I’m selling calls
Sold NUGT May 27 2016 115.0 Calls @ 0.65
$CMG #ShortStrangles – after yesterday’s sharp drop below 440, I decided that I had made enough in my CMG trades and closed out a position that was very expensive to carry. I made money on both sides of the strangle.
Bought to close CMG JAN 20 2017 380.0 Puts @ 19.50 – sold these a while back @ 20.50
Bought to close CMG MAY 20 2016 470.0 Calls @ 0.50 – sold these last Friday at 2.54
I’m now completely out of CMG for the first time since last December.
$NUGT #ShortStrangles – Sold 1 NUGT May 27 2016 65/142 Strangle @ 3.45. Not willing to go out more than two weeks
$NUGT #ShortStrangles – Sold 1 NUGT May 20 2016 60.0 / NUGT May 20 2016 160.0 Strangle position @ 3.25. Staying small and short term on this beast. It’s very easy to get whipsawed.
$NUGT #ShortStrangles – Sold 1 NUGT MAY 13 2016 65.0 Put / 125.0 Call for next week @ 2.60
$NUGT #ShortStrangles – Sold the May 13 2016 70.0 Put / 150.0 Call for a 2.30 Credit
$NUGT #ShortStrangles – sold NUGT May 6 2016 79.5/128 strangle @ 1.80.
Keeping the term short and the strike prices far away.
$NUGT #ShortStrangles – this expires tomorrow if the stock stays within its recent range
Sold NUGT Apr 22 2016 96.0 Call/ 72.0 Put @ 1.35
Options Bistro 