More SPX call spreads closed

#SPXcampaign Closed on GTC orders:
$SPX May 19th (Friday PM) 2415/2440 call spreads for .20. Sold for 2.00 last Thursday.
$SPX June 2nd 2445/2470 call spreads for .20. Sold for 1.72 (avg price) on or before May 4th. (this is mistakenly entered as the 2420/2445 spread on my chart).

I left the May 17th 2380/2355 put spread to expire today. Big mistake. However, I’m going to let the day play out provided we stay below 13.03 on the VIX, which is today’s warning signal level.

SPX trades

#SPXcampaign
Sold to Open $SPX June 15th 2265/2240 put spreads for 1.40, with SPX at 2382.

These all closed on GTC orders since the opening bell:
SPX May 18th 2415/2440 call spreads for .20. Sold for 1.30 as a #ReverseRoll on May 11th
SPX May 26th 2440/2465 call spreads for .20. Sold for 1.60 on Apr 24th
SPX May 26th 2435/2460 call spreads for .20. Sold for 1.65 on Apr 28th
SPX June 2nd 2450/2475 call spreads for .20. Sold for 1.40 on May 1st

$SPX #SPXcampaign Sold June 2310/2330…

$SPX #SPXcampaign Sold June 2310/2330 BuPS @ 0.80. Notified of my fill @ 4:14:37. I checked. At least TOS let me know.
Love the License plate ideas. Can’t play golf which makes me a mutant or sane. Maybe both. Have a great afternoon all.

#spxcampaign btc after close 2420/2445…

#spxcampaign
btc after close 2420/2445 call May 19@.35 had sto @ 1.50. With two dte did not want to risk tomorrow. Can always find new fish to fry!
in 2 accounts

SPX chart updated

Updated as of close yesterday. Be sure to click “Home/REFRESH” above to keep features updated. #SPXcampaign

Today:
Bought to close $SPX May 26th 2290/2265 put spreads for .20. Sold for 1.45 on Apr 25th.

Expiration

#spxcampaign
$SPX 2315/2340 BUPS (2X normal size)
$SPX 2440/2415 BECS Thank you @jeffcp66

Taking partial profit

#SPXcampaign #RiskReversal

Sold half of my long $SPX call spreads for 5/22. Leaving the other half plus the full position for 5/26 for potentially higher SPX this week.

Sold (half) SPX May 22nd 2410/2435 call spreads for 3.30. Bought for 4.75 on 5/5, but net cost was zero given I sold the put spread for 4.80.

SPX calls sold

#SPXcampaign Sold to Open $SPX June 15th 2460/2485 call spreads for 1.50.

$SPX #SPXcampaign Filled after the…

$SPX #SPXcampaign
Filled after the close
Bought to close May 19th 2280/2300 BuPS @ 0.15 Originall sold for 0.85 on 4/28
#Optionsexpiration Only one
$SVXY #Short Puts
May 12th 140 Puts
Have a great weekend all.

Options Expiration 5/12/17

#OptionsExpiration #Earnings #RiskReversal #IronCondors #CallButterfly #SPXcampaign

— Expiring w/Max Profit —
NVDA 95 put
SPX 2375/2350 put spreads

— Expiring w/loss —
JAZZ 155/157.5/160/162.5 iron condors, sold for 1.80, .70 loss
PCLN 1925/1950/1975, and 1975/2000/2025 call butterflys

— Expiring worthless —
SPX risk/reversal:  LONG 2410/2430 call spreads, SHORT 2355/2330 put spreads

 

SPX calls sold

#SPXcampaign Need one more call spread to finish the week:
Sold to Open $SPX June 9th 2440/2465 call spreads for 1.40, right at the bell.

Renew my Risk/Reversal subscription

#SPXcampaign I don’t give up easy. This is my fourth #RiskReversal in a row. Learned my lesson this week… since I have been selling a new one each Friday two weeks out, it means I have two R/R’s going at all times. On Monday’s and Tuesday’s record highs, could have sold this week’s and gotten a decent profit. Instead, I waited for a longer and higher rally that never came.

So today, the May 12th r/r expires, I’m sitting on a May 22nd r/r, and now I’ve added this one:

Bought to open $SPX May 26th 2410/2430 call spreads for 3.50
Sold to Open SPX May 26th 2365/2340 put spreads for 3.35.

Rough profit/loss on the strategy so far: ZERO. But the idea is to profit on a strong rally, which has not happened yet (or may not happen at all) during this Upside Warning.

SPX calls sold

#SPXcampaign Selling an extra spread here as a hedge against a double-sized position in puts I have for the same expiration. This filled 5 seconds after the closing bell:

Sold to Open $SPX May 19th 2415/2440 call spreads for 2.00. These are PM settled, next Friday. They are no longer called SPXPM and appear on the chains with all other SPX weekly options. Please see the notice below from CBOE:

The Chicago Board Options Exchange, Inc. will be changing the symbol for existing SPXPM option series to option symbol SPXW. The conversion is planned for May 1, 2017. Any open Good ‘til Cancelled (GTC) orders in SPXPM will be cancelled by the Exchange after the close of business the evening prior to the conversion.
See Regulatory Circular RG17-054 for details (https://www.cboe.com/publish/RegCir/RG17-054.pdf).

SPX switcheroo

#SPXcampaign Running into some margin limitations today as I am weighted toward the short put side so wasn’t able to sell more put spreads on my portfolio margin account. So, I am closing a short-term put spread and selling a call spread as a #ReverseRoll. This clears me to sell a longer-term put spread to fulfill my campaign objectives. This is playing on the assumption we are hitting some lows this week for a bounce into monthly expiration next week.

Bought to close $SPX May 18th 2340/2315 put spreads for 1.20. Sold as part of an iron condor for 3.40 on Apr 25th.
#ReverseRoll Sold to Open SPX May 18th 2415/2440 call spreads for 1.30.

Sold to Open SPX June 9th 2290/2265 put spreads for 1.40.

SPX calls sold

#SPXcampaign Sold to Open $SPX June 9th 2450/2475 call spreads for 1.50, with SPX at 2398.

Earnings SPX Campaign Short Puts and Closed Early

#Earnings
$NVDA STO 5/12 95/115 strangle 2 1.95 Thank you @jeffcp66
$JAZZ STO 5/19 155/157.50/162.50/160 BUPS @ 2.40 Bought wrong date. See what happens. Thank you @jeffcp66

#spxcampaign
$SPX STO 6/9 2285/2310 BUPS @ 1.40 Following the leader

#shortputs
$SVXY STO 6/9 140 put @ 3.90 Thank you @jsd501
$MPLX STO 9/15 33 put @ 1.40 Thank you @tabortrader

#Closed Early
$SPX BTC 5/15 2440/2415 @1.40 38% profit Position too big. This is sale of half original
$NFLX STC 6/16 150 calls @8.56 BTO @ 6.40
$GS BTC 5/19 195/2015 BUPS @.05 for 91% profit

SPX, puts closed, puts sold

#SPXcampaign Bought to close $SPX May 15th 2340/2315 put spreads for .30. Sold in a condor last week for 3.90.
Sold to Open SPX June 9th 2310/2285 put spreads for 1.35, with SPX at 2401.

SPX one closed, one rolled

#SPXcampaign
Bought to close $SPX May 10th 2375/2350 put spreads for .20. Sold for 4.15 on Apr 26th. This was sold on the day the Upside Warning fired.

STOPPED: Bought to close $SPX May 15th 2415/2440 call spreads for 2.25. Sold in an iron condor for 3.90 last Wednesday.
#ReverseRoll Sold SPX May 17th 2380/2355 put spreads for 2.35. Moved this 2 days further out, but still only 8 days from now… bullish action should continue but may not last too long, so I’m keeping aggressive put spreads close in expiration, for maximum theta burn.

SPX Chart and VIX Indicator have been updated

#SPXcampaign #VIXindicator

I made no new SPX trades today, but have finally caught up and the position chart is now up to date.

We hit a 10 year low on the VIX today, lowest since December 2006.

Final trades and Options Expiration 5/5/17

Gangbuster week with consolidating indices and no losers in earnings trades (one breakeven and one assignment)

#SPXcampaign
Sold to Open $SPX June 2nd 2310/2285 put spreads for 1.50

#VXXGame
BTC $SVXY May 26th 85 put for .15. Sold for 1.45 on Apr 21st

#Earnings
Sold to close $GRPN May 5th long 4 puts for .62; filled near the open, breakeven on the 4 straddle.
Previously closed winners this week: CMI, TSLA, CHTR, MELI, STMP.

#OptionsExpiration
— Expiring w/max profit —
$FB 146, 147, and 148 puts
$REGN 355/375/430/450 iron condors
— Expiring worthless (breakeven) —
$SPX risk/reversal: Long 2415/2435 call spreads, short 2435/2415 put spreads
— Assignment —
$TAP 92/95/98 Iron Butterfly; taking the stock from 95 puts, cost basis 93.00. I was going to close this for breakeven but missed the fill.

#ShortPuts #Spxcampaign Afternoon all. I’ve…

#ShortPuts #Spxcampaign
Afternoon all. I’ve been away except for brief spells of insanity
Sold to open May 26th 2280/2300 BuPS for 0.80 when SPX was at 2391.57
Sold May 26th 125 Puts @ 1.77 when $SVXY was at 149.71.
I have nothing for this week’s OpEX.
Have a great weekend all.

Expirations

Pretty Sure These Will Expire Worthless

#spxcampaign
$SPX 2225/2250 BUPS Hail to the @jeffcp66eff
$SPX 2170/2270 BUPS Thank you @fibwizard
$SPX 2300/2350 BUPS Hail to the @jeffcp66eff
$WYNN 105/110 BUPS
$NFLX 145/150 BUPS

#vxxgame
$UVXY 40 calls Thanks @honkhonk81
$SVXY 81 puts
$SVXY 90 puts
$FB 146 puts Thanks @jeffcp66 Earnings Trades
$STMP 90 puts Thanks @jeffcp66 Earnings Trades

Have a great weekend everyone.

SPX, try again…

#SPXcampaign #RiskReversal
Bought to open $SPX May 22nd 2410/2435 call spreads for 4.75
Sold to Open $SPX May 22nd 2375/2350 put spreads for 4.80

A third week in a row where I’m putting a trade out there for a push to new SPX all-time highs. Fortunately, the risk/reversal method means zero losses so far, despite being wrong about the hoped-for rally.

Short Puts Spx Campaign and Earnings Trade Closed Early

#shortputs
$GS STO 6/16 215/220 BUPS @ 1.30 (OMM)
$AMD STO 6/16 10 put @ .57

#spxcampaign
Follow the Jefe Jeff
$SPX STO 5/15 2315/2340/2440/2415 Iron Condor @ 3.35 Thank you @jeffcp66 for the idea.

Close Early
#earnings
$CMI BTC 5/5 140/160 strangle @.30 STO @ 1.00 Thanks @jeffcp66

The fourth is with us and if things go poorly there is always a fifth.

SPX calls sold

#SPXcampaign Order was in this morning for 1.65… got a partial fill (rare on SPX) at the intraday high of 2390… now I can’t even get filled for 1.45 on the rest.

Sold to Open $SPX June 2nd 2445/2470 call spreads for 1.65

SPX trades

#SPXcampaign Bought to close $SPX May 18th 2460/2485 call spreads for .15.
Sold to open SPX May 15th 2315/2340/2415/2440 #IronCondor for 3.90

SPX puts sold

#SPXcampaign Sold to Open $SPX June 2nd 2290/2265 put spreads for 1.40, with SPX at 2386.

SPX and SVXY trades yesterday

#SPXcampaign
Bought to close $SPX May 18th 2210/2185 put spreads for .20. Sold for 1.35 on Apr 21st.
Expired: SPX May 1st 2380/2355 put spreads. Sold for 4.65 last Tuesday.

#VXXGame
BTC SVXY May 19th 85 put for .15. Sold for 1.28 on Apr 21st.
BTC SVXY June 16th 75 put for .30. Sold for 3.40 on Feb 23rd.

A Little of This, A Little of That

Expiration
#spxcampaign
$SPX 2415/2390 BECS Thank you Jeff

Closed Early
#shortputs
$GOOGL 5/19 825/635 BUPS @ .05 97% profit

#earnings
$CMI STO 5/5 140/160 strangle Thank you Jeff

#spxcampaign
$SPX 5/12 2440/2415 BECS @ 2.20

SPX calls sold

#SPXcampaign Sold to Open $SPX June 2nd 2450/2475 call spreads for 1.40. Going for higher now (or you can go for the 2455 short).

More Expirations

#spxcampaign
Expired
$SPX 4/28 2230/2255 BUPS Thank you @jeffcp66
$SPX 4/28 2175/2275 BUPS Thank you @fibwizard

Expired and Closed Early

#optionsexpiration #earnings
$EXPE 126/146 Strangle for earnings Thank you @jeffcp66
$PEP 112/115/118/115 IB Earnings Loss of $20 per contract
$SVXY 70 put
$SVXY 115 put
$UVXY 24.50 call
$UVXY 23 call

#spxcampaign
Closed Early
$SPX BTC 4/28 2405/2380 BECS @ 3.50 STO @ 3.60

Have a great weekend everyone. Weather warming up on the East Coast. Golf!

SPX calls sold

#SPXcampaign Sold to Open $SPX May 26th 2435/2460 call spreads for 1.65.

#SPXcampaign Jeff when you trade…

#SPXcampaign Jeff when you trade a #RiskReversal do you still use the same number of contracts as when placing normal spreads? Is the reason for using a 20×25 spread to achieve the correct cover? Hope I have not confused you.

I tried to comment straight on to your post but it came back as needing approval?

SPX risk/reversal

#SPXcampaign I remain bullish based on VIX Indicator Upside signal. Since it is taking its time going higher, I am placing another #RiskReversal which overlaps with my current one expiring May 5th.

Bought to Open $SPX May 12th 2410/2430 call spreads for 3.00
Sold to Open $SPX May 12th 2355/2330 put spreads for 2.90

My other May 5th R/R may expire worthless which will be a small gain since I sold the put spread for more than I paid for the call spread. If we get a surge next week, both R/R’s will profit.

#Closed Early #SPX Campaign #Short puts #Long Calls

Closed Early
#spxcampaign
$SPX 5/5 BTC 2455/2430 @.30 79% profit
#longcalls #earningstrade
$SRPT STC 4/28 35 Calls @ 3.00 BTO 4/26 @ 2.30

#shortputs
$AMZN STO 5/5 930 Put @ 7.10
$ULTA STO 5/19 270/275 BUPS @ 1.00 #earnings

#spxcampaign
$SPX STO 5/26 2275/2300 BUPS @ 1.45 Thank you @jeffcp66

#longcalls
$NFLX BTO 6/16 150 call 6.40 Expect stock to appreciate as result of $BIDU deal

SPX puts sold

#SPXcampaign Sold to Open $SPX May 26th 2300/2275 put spreads for 1.40.

#SPXcampaign Jeff, Noticed you still…

#SPXcampaign
Jeff, Noticed you still have $SPX May 1st 2390/2415 open! Is the plan to hold or close out today and roll? I was just curious as I closed yesterday for 4.70.

#Earnings #Short Puts # Closed…

#Earnings #Short Puts # Closed Early # Expiration

#earnings
$EXPE 4/28 126/146 Strangle @ 1.06 Thank you @jeffcp66 Stock down to 134 after hours. So far so good.
$BIDU 5/19 165/170/205/200 IC @ 1.20 (OMM Trade) Stock down to 179.50 after hours. So far so good.

Trade
#shortputs
$AAL STO 5/12 42.50 put @ .49 Thank you @honkhonk81 via Bridget @ OMM

Closed Early
Half smart or more likely prudent
$GOOGL STC 5/19 850 call @ 30.80 Bought 4/18 for 22.30. Did keep a GOOGL long call through earnings. Is a YIPEE in order?

Expired
#spxcampaign
$SPX 4/26 2410/2385 BECS at a 55 cent per contract loss.

SPX reverse roll

#SPXcampaign Stop hit on a call spread so I reversed it, shorter term.

Bought to close $SPX May 12th 2420/2445 call spread for 4.00. Sold for 1.65 last Friday.
Sold to Open $SPX May 10th 2375/2350 put spreads for 4.15.

I had many trades yesterday I didn’t have time to post due to travels. I hope to have the chart revised today or tomorrow but let me know if there are questions on any positions.

#vixindicator

SPX risk/reversal

#SPXcampaign An Upside Warning is going to fire today, barring any intraday market shock, so I’m going long call spreads on SPX. My favorite way to do this is to sell an equal-priced put spread so the cost of the purchased call spread is zero… unless, of course, I’m completely wrong and the market tanks. But that’s quite unlikely in the near term. If the long call spread fails, the put spread will likely expire worthless and net cost is zero in the end.

Bought to Open $SPX May 5th 2415/2435 call spreads for 2.20.
Sold to Open $SPX May 5th 2365/2340 put spreads for 2.40.

If we don’t get a strong up move by the end of this week, I will be doing this again with further dated expiration.

SPX Campaign Plus Close $SVXY Early

#spxcampaign
$SPX 5/5 2300/2350 BUPS @ 2.00

#vxxgame
$SVXY BTC 5/12 65 put @ .05 Sold 4/13 for .50

SPX Campaign

#spxcampaign

$SPX STO 5/26 2465/2440 BECS @ 1.55 Thank you @jeffcp66

Closed early
$SPX BTC 5/5 2220/2245 @.15 89% profit

SPX calls stopped

#SPXcampaign Bought to close $SPX Apr 26th 2375/2400 call spreads for 7.00. Sold for 2.90 on Thursday. Was working on getting out as it pulled back in the last hour, but missed my fill and ended having to chase as it burst to a new high. Why does it so often work that way?

Will wait to roll this tomorrow. As of right now, it looks like the massive VIX drop will be ending the downside warning today.

SPX chart updated

Long overdue because of travels, but just updated my positions. The minor market pullback got me out of all ITM call spreads. I’m now pressured on a couple expiring this week but will be rolling if we break 2375.

Be sure to click “Home/REFRESH” to keep your screen updated.
#SPXcampaign

SPX puts closed

#SPXcampaign Bought to close $SPX May 5th 2230/2205 put spreads for .20. Sold for 1.40 on Apr 7.

SPX call spreads sold

#SPXcampaign Sold to Open $SPX May 26th 2440/2465 call spreads for 1.60, with SPX at 2372.

I’m not going to worry about upside unless we break above the morning’s high, which was hit in the first minute of the day. If we get above that and hold, I will be rolling some near-the-money call spreads.

SPX puts closed pre-market

#SPXcampaign Close orders filled, bought to close the following $SPX put spreads:
Apr 26th 2255/2230 for .20. Sold for 1.35 on Mar 29th
Apr 28th 2225/2200 for .20. Sold for 2.75 on Mar 21st
Apr 28th 2260/2235 for .20. Sold for 1.30 on Mar 31st
May 1st 2275/2250 for .20. Sold as part of a #CondorRoll for 3.95 last Monday.

SPX Campaign Earnings Iron Condor BUPS and Closing Early (aka potpourri)

#ironcondor
$FDX STO 5/19 175/180/200/195 Iron Condor @ 1.40 (Forexpro at OMM)
#spxcampaign
$SPX STO 4/26 2410/2385 BECS @ 1.90 Thank you @jeffcp66
#bups
$GOOGL STO 5/19 825/835 BUPS @ 2.40 (OMM)
$GS STO 5/19 195/205 BUPS @ .75 (SUZ @ OMM)

Closed Early
$NVDA BTC 4/21 95/105 BUPS @ 31% profit (probably should have waited)
$NFLX BTC 4/21 135 put @ .15 91% profit Earnings trade
$USCR BTC 4/21 55/60 BUPS @ 80% profit

#spxcampaign #ironbutterfly Followed from TT…

#spxcampaign #ironbutterfly
Followed from TT
May 12 SPX 2315/2340/2340/2365 for 22.00, profitable between 2317 and 2362

SPX trades

#SPXcampaign Sold to Open $SPX May 18th 2415/2440 call spreads for 1.65.
Sold to Open SPX Apr 26th 2375/2400 call spreads for 2.90

Bought to close $SPXPM Apr 21st 2300/2275 put spreads for .20. Sold as part of a #CondorRoll for 4.10 on Apr 7th.

SPX Campaign

#spxcampaign
$SPX STO 5/12 2135/2195 BUPS @ 2.00

Follow the Leader SPX Campaign and Reducing Risk on $AMZN

#spxcampaign
$SPX STO 5/12 2200/2225 BUPS @ 1.45

Closed Early
$AMZN BTC 4/19 930/920 BECS @ 82% profit
Have several $AMZN BUPS and BECS expiring 4/19 and feel better closing some early.

SPX puts sold

#SPXcampaign Sold to Open $SPX May 12 2225/2200 put spreads for 1.45. This is my second put spread from last week that I delayed due to downside threat… that threat seems lower now.

Potpourri

#closed early

$SPX BTC 4/19 2280/2305 BUPS @ 93% profit Thank you @jeffcp66
$AMZN BTC 4/21 865/875 BUPS @ 92% profit (closed part of position – semi prudent)
$AMZN BTC 4/21 960/950 BECS @ 93% profit
$NFLX BTC 4/21 130/140 BUPS @ 89% profit

#spxcampaign

$SPX STO 5/1 2415/2390 BECS @ 1.65 Thank you @jeffcp66
$SPX STO 5/19 2165/2190 BUPS @ 1.50 Thank you @jeffcp66

#earnings

$IBM STO 4/21 170/172.5/175/172.5 Iron Butterfly @ 2.05 Thank you @thomberg1201
$RENN STO 4/21 8/9 BUPS @ .95 Thank you @fuzzballl

#longcalls

$GOOGL BTO 5/19 850 calls @ 22.30

SPX trades yesterday

#SPXcampaign. Bought to close $SPX Apr 19th 2355/2380 for 2.65. Sold for 7.60 last Tuesday. This was a reverse roll that worked. Due to being away from my computer yesterday, I thought I had gotten out for 1.30 in the morning, but discovered later I’m not very good at reading my broker’s mobile app.

Sold to Open May 18th 2190/2165 put spreads for 1.35
Sold to Open May 1st 2250/2275/2390/2415 iron condors for 3.95

SPX call spreads closed

#SPXcampaign BTC May 5 2435/2460 call spreads @ .20 sold on April 5 @ 1.30.

SPX calls closed and calls sold

#SPXcampaign $SPX Bought to close the following:
Apr 20th 2375/2400 call spreads for .40. Sold for 7.50 on Apr 7th.
Apr 21st (SPXPM) 2390/2415 call spreads for .20. Sold as a #CondorRoll for 4.10 on Apr 7th.
May 5th 2430/2455 call spreads for .20. Sold as a #CondorRoll for 4.15 on March 28th.

Sold to Open May 18th 2420/2445 call spreads for 1.30, with SPX at 2336.

#maestro

Early Closes SPX Campaign VXX Game

#Early Close
$SPX BTC 4/17 2415/2390 BECS @ 93% profit Thank you @jeffcp66
$SPX BTC 4/21 2445/2420 BECS @ 95% profit Thank you @jeffcp66
$ABX BTC 4/21 16/20 BUPS @ 71%
$REGN BTC 4/21 425/420 BECS @ 93% profit Thank you @thomberg1201

#spxcampaign
STO 4/28 2405/2380 BECS @ 3.60 Thank you @jeffcp66

#vxxgame
$SVXY STO 5/5 90 put @ 1.50
$SVXY STO 5/12 65 put @ 1.50 Thank you @optioniceman
$SVXY STO 4/28 115 put @ 1.50
$UVXY STO 5/5 40 call @ .75

Been gone all week with grandkids in Washington DC. Catching up.
Thanks to everyone.
Have a peaceful Easter weekend.

After the bell closings

#SPXcampaign. No expirations today, but these two closed a couple minutes after the bell.

Closed SPX Apr 28th 2420/2445 call spreads for .20. Sold as part of a #CondorRoll for 2.10 on Mar 27th (the put side closed earlier today)
Closed SPX May 5th 2435/2460 call spreads for .20. Sold for 1.40 on Apr 5th.

Looking for more fun next week!

SPX sales, stops, and rolls

#SPXcampaign Several trades… stopped out of a couple put spreads to lighten the load in case we have a blackish Monday.

STOPPED: Bought to close $SPX Apr 20th 2325/2300 put spreads for 5.20. Sold for 3.00 on Apr 5th.
STOPPED: Bought to close SPX May 5th 2245/2220 put spreads for 2.10. Sold for 1.45 on Apr 3rd

#ReverseRoll Sold to Open SPX May 5th 2395/2420 call spreads for 2.25… same expiry as above spread it is replacing

Also:
Closed May 5th 2440/2465 call spreads for .25. Sold for 1.45 on Apr 3rd
Closed Apr 28th 2150/2125 put spreads for .20. Sold as part of a #CondorRoll for 2.10 on March 27th

SPX calls sold

#SPXcampaign Sold to Open $SPX Apr 28th 2380/2405 call spreads for 4.75, with SPX at 2346.

SPX trades

Good morning from Providence, Rhode Island
It is weird when the market doesn’t even open until 9:30.

#SPXcampaign
Bought to close SPX Apr 17th 2370/2395 call spreads for .40. Sold for 7.15 on Apr 3rd.
Bought to close SPX Apr 28th 2435/2460 call spreads for .20. Sold for 1.35 on March 30th.

Sold to open SPX May 12th 2420/2445 call spreads for 1.65, with SPX at 2340.

BOUGHT to Open SPX Apr 19th 2290/2265 bear put spreads for .75. This is in case we end the day lower and are poised for a dip into Monday. I will consider closing for a small loss today if that does not materialize.

SPX call spreads closed

#SPXcampaign
Bought to close $SPX Apr 28th 2440/2465 call spreads for .20. Sold in a #CondorRoll for 2.75 on March 21st.
Bought to close $SPX Apr 13th 2370/2395 call spreads for .20. Sold for 9.30 on March 31st. Nice one. That was the 14th time I rolled that trade. Finally done.

SPX call roll sold

#SPXcampaign Sold to Open $SPX April 19th 2355/2380 call spreads for 7.60, as a roll from stopped put spread earlier.

Got an extra 1.10 on this roll, but it’s possible this will blow up in my face if we saw a bottom today. For now, I’m trusting my signal that there will be more weakness in the coming days.

SPX puts stopped

#SPXcampaign After the Warning fired this morning, I closed SPX April 12th 2350/2325 put spreads for 6.50. Tried to sell a call spread for a roll but didn’t get filled… should have been more aggressive.

SPX puts sold

#SPXcampaign Sold to Open $SPX May 12th 2210/2185 put spreads for 1.40, with SPX at 2354.

SPX calls closed, calls sold

#SPXcampaign
In pre-market, bought to close $SPX Apr 20th 2420/2440 call spreads for .20. Sold for 1.50 on March 24th.
Just now, sold to open SPX May 12th 2440/2465 call spreads for 1.40, with SPX at 2363.

Options Expiration 4/7/17

#OptionsExpiration #VXXGame #CoveredCalls #SPXcampaign

–Expiring–
PANW 125 covered call
UVXY 31 calls

Also, closed earlier today: SPX Apr 10th 2320/2295 put spreads for .20. Sold for 1.75 on March 29th.

SPX sideways

#SPXcampaign #Market Nothing seems to shake us out of this consolidation. Who knows how long it will last? VIX and VXX are showing some signs, as @optioniceman points out. But until we get the move either way, theta has been doing wonders on my account. I’ll keep daring the market:

Sold to Open $SPXPM Apr 21st 2275/2300/2390/2415 iron condors for 4.10.

SPX calls sold

#SPXcampaign On the pop up to 2363, filled on this roll:
Sold to Open $SPX April 20th 2375/2400 call spreads for 7.50. Makes an iron condor with the Apr 20th 2325/2300 put spreads, sold for 3.00 earlier this week.

SPX calls closed

#SPXcampaign Bought to close $SPX Apr 13th 2400/2425 call spreads for .20. Sold for 3.25 on March 23rd.

SPX puts sold

#SPXcampaign Sold to Open $SPX May 5th 2230/2205 put spreads for 1.40, with SPX at 2352.

SPX put spreads sold

#SPXcampaign STO May 12 2255/2230 BuPS @ 2.00 when SPX @ 2362

SPX Campaign

#spxcampaign
$SPX STO 5/5 2170/2270 BUPS @ 4.85 Thank you @fibwizard