Closed Early
$MTN 4/20 BTC 210 Put at .30 STO 12/4 at 6.90 Thank you @jdietz1954
$SPX 4/20 BTC 2480 put at 6.00 STO at 12.50 2/3 of trade still open. Thank you @hcgdavis
$FXI BTC 4/20 51 call at .08 STO at .60 Thank you @thomberg1201
#spxcampaign
Following @jdietz1954
$SPX STO 4/13 2720/2710 BECS at 1.40 Thank you
#SPXcampaign BTC April 13th 2575/2570 BuPS for 0.40 Sold yesterday for 1.05
#SPXcampaign Sold $SPX May 11th 2825/2850 call spreads for 1.75.
#SPXcampaign Sold to close half of $SPX May 18th 2770/2790 call spreads for 4.25. Bought on Friday for 1.75. Holding the other half for possible end to this correction.
Bought to Open SPX Apr 27th 2450/2425 put spreads for 1.10.
#SPXcampaign Sold $SPX Apr 20th 2700/2725 call spreads for 7.50.
SPX creeping up again… VIX going nowhere.
#SPXcampaign Closed $SPX Apr 20th 2625/2600 put spreads for 6.50. Sold for 10.25 on Friday.
#SPXcampaign Sold April 13th 2710/2720 BeCS for 1.40. This line is above the short term resistance of the current trading range.
#SPXcampaign I set up an April 13th 2575/2570 BuPS for 1.05 this morning. Filled on the pummeling into the close when SPX was at 2621.25.
#SPXcampaign Closed $SPX April 13th 2500/2475 put spreads for .45. Sold last Monday for 3.10.
After being whipsawed about six too many times, I’ve made two significant adjustments to survive this volatile period. I plan to stick with this until VIX is below 17.76.
Last week as we cruised higher, I got stopped on 3 call spreads and did nothing. If I’d sat on them, they would have all been winners. If I’d rolled them higher, they also would have been winners. So…
1. If I get stopped out, I need to roll FORWARD, and not reverse roll and don’t sit on my hands.
2. But before stopping out, consider just sitting on the troubled spreads. This is what I did Friday, as I sold a few put spreads early in the day, only to see them get under heavy pressure into the close. I felt certain, since we bounced off 2585 again, and because market keeps whipsawing, that we’d be up today. Wasn’t the most relaxing weekend, but I got the bounce.
So while I’ve closed one put spread today, I’m not selling calls. I’ll look for higher levels tomorrow and then start selling some calls, then wait for the next deep dive before selling puts.
#spxcampaign
tried my luck again buy Apr 09 2635 puts 5.30, close 3.80
I guess today I am the grease that keeps the wheels turning.
#spxcampaign
try again buy Apr 09 2625 put for $6.70, place sell at $9.70
buy Apr 09 2625 put for $10.50, have sell in at $12.50, got close
#SPXcampaign Sold $SPX May 11th 2400/2375 put spreads for 1.75. I’m expecting an up day… hopefully a decent rally but it may be muted. If VIX or put/call ratio start acting up, my theory may change.
#SPXcampaign Closed $SPX Apr 20th 2750/2775 call spreads for .45. Sold in a #CondorRoll for 7.05 yesterday (call side sold for 3.23). The put side is taking heat.
#spxcampaign
New to this so the Put I bought yesterday 2660 for $15 I sold this morning in first 15 min for $20, as prices were declining.
Now I entered BePS debit 2620/2610 for $4.90 when price 2610 and weak. I’m considering adding to this position but need to know if I have to close it out or will automatically settle in cash? Can anyone help?
#SPXcampaign
Sold $SPX Apr 27th 2750/2775 call spreads for 2.35
Sold May 4th 2400/2375 put spreads for 1.60
Sold Apr 20th 2600/2625 put spreads for 10.25. This last one is betting on a bounce for Monday. But if that doesn’t happen I have two weeks to expiration so the flexibility to roll it ITM.
#SPXcampaign I didn’t get filled at the highs so I’m selling half this order since we could be going lower. More likely to happen is a bounce, as my timing on these intraday swings has been horrendous for the last few weeks.
Sold to close $SPX May 18th 2770/2790 call spreads for 3.75. Bought for 1.50 on Monday. Keeping the other half into expiration, but now the cost of the full position has been covered.. Thanks @mortlightman for the trade idea.
Also, sold to open May 4th 2810/2835 call spreads for 1.45.
#SPXcampaign Still getting pressed on some call spreads so rolling. I’m not selling put spreads at these levels… I expect another dip, perhaps not as low as Monday; but I’m waiting for a pullback or VIX below 18.00 before I’ll start getting bullish. Jobs report is tomorrow and no matter what the results, it may be an excuse to sell. I also will be selling half of my double-sized LONG call spread today at or near a triple.
Stopped: $SPX Apr 13th 2670/2695 call spreads for 11.50. Sold for 3.75 on Tuesday. No roll yet.
#CondorRoll: from calls stopped yesterday. (these are the only puts I’m adding)
Sold Apr 20th 2540/2565/2750/2775 condors of 7.05.
Closed Apr 13th 2720/2745 call spreads for 4.80. Sold for 3.65 on 3/28. No roll yet.
Again, JOBS report tomorrow could be a trigger for panic selling, or panic buying.
#SPXcampaign I do not see clear skies ahead, but I still gotta keep call spreads from becoming ITM. I legged out of this one, something I rarely do. But when this market moves up or down so clearly into the last hour, there’s little chance of a reversal.
Closed $SPX Apr 6th 2650/2675 call spreads for 6.60. Sold for 3.65 on Monday.
Will look to roll on the next extreme, whether it be a high or low extreme.
#SPXcampaign Spent the morning doing mostly the reverse of yesterday… putting on call spreads and taking off put spreads.
Closed $SPX Apr 6th 2475/2450 put spreads for 1.30. Sold yesterday for 2.20.
Sold Apr 6th 2650/2675 call spreads for 3.65
Bought to Open Apr 13th 2450/2425 LONG put spreads for 2.30.
Sold May 4th 2760/2785 call spreads for 1.70.
Stopped Apr 27th 2460/2435 put spreads for 3.80. Sold Thursday for 1.75.
#ReverseRoll Sold Apr 13th 2670/2695 call spreads for 3.75.
#SPXcampaign Closed $SPX April 13th 2745/2770 call spreads for .50. Sold in a #CondorRoll for 6.30 on 3/26… the call side was sold for 2.95.
BTO May 18 2770/2790 1.55 & 1 for 1.50
A Jeff trade, looking for a big run up. When I can cash out I will close 1 and let 1 run if conditions warrant
#SPXcampaign Sold $SPX Apr 6th 2475/2450 put spreads for 2.20. This is the spread I took profits on this morning, closing for .55. Now I’m using same strikes again for a new trade.
#SPXcampaign
BTC $SPX Apr 19th 2820/2845 call spreads for .25. Sold for 1.95 on Mar 21st.
BTC $SPX Apr 19th 2825/2850 call spreads for .20. Sold for 1.65 on Mar 19th.
#SPXcampaign $SPX It was nerve-wracking selling calls on Thursday, but this approach is what’s needed with a VIX that can’t get far away from 20.00 in either direction. I closed out my Apr 6th spreads (the calls much too early), and now looking to pick the intraday low to add another put spread.
BTC Apr 6th 2725/2750 call spreads for 1.35. Sold for 3.25 on Thursday.
BTC Apr 6th 2475/2450 put spreads for .55. Sold for 2.80 on March 23rd.
STO May 4th 2400/2375 put spreads for 1.70.
#SPXcampaign Sold $SPX Apr 27th 2460/2435 puts for 1.75.
This does not fit into my approach of selling at extremes, but it is the last hour of the week and I had not sold my standard second put spread. Since VIX has not dropped too much I am not assuming the big down days are over. I will sell some additional calls if we close higher. Or puts if we sell off into the close.
Sold Early
#spxcampaign
$SPX BTC 3/29 2600/2625 at 2.00 STO at 1.60. At one time this trade down A LOT. Glad to close it at a small loss even though market looks strong. I am not strong! 😉
#spxcampaign
$SPX STO 4/13 2745/2720 BECS at 3.50 Thank you @jeffcp66
#SPXcampaign Sold $SPX Apr 27th 2800/s825 call spreads for 1.50. Looks like it filled at the high tick of the day.
#SPXcampaign I was trying to stick to my rule of only selling at extremes. My suspicion was that the peak above positive for the morning was the extreme high for the day. For once, I was correct (so far).
Sold $SPX Apr 13th 2720/2745 call spreads for 3.15. Part of a #CondorRoll from puts stopped yesterday. Will try to sell put side on or near an “extreme” low.
#SPXcampaign I have never been so whipsawed in my trading career. I have been stopped out at extremes too many times to count. I am forced now to take a new approach:
1. Tone down the aggression.
2. Only sell at extremes. How do I define extremes? That’s not always easy, but I would say yesterday’s close and today’s close would qualify.
3. Try some cheap long spreads, purchase at extremes. The amount I’m getting eaten alive with short spreads makes me always wish I’d been long rather than short. Need to try it.
That will have to do until VIX gets back below 17.76 (at least), and not comfortable going back to aggressive strategies until it’s below 12.61.
Today:
Stopped $SPX Apr 27th 2770/2795 call spreads for 3.75. Sold yesterday for 1.60. This was well over 4.00 at the highs, which is my stop point, so at least I waited for some pullback.
#ReverseRoll – plan was to sell a condor as a roll, I was filled on put side, then never filled on call side. And then, I had to stop out. Great illustration of how difficult this strategy is in this market.
Sold Apr 4th 2560/2535 put spreads for 1.95. Stopped later for 5.35.
Stopped Apr 13th 2550/2525 put spreads for 5.95. Sold yesterday in a #CondorRoll for 6.30, when a CALL spread was stopped.
Stopped Apr 27th 2550/2525 put spreads for 2.50. Sold yesterday for 1.75. At least I got out on this one at a bounce.
Closed Early
$SPX BTC 3/29 2600/2625 BUPS at 6.00. STO at 1.60 Left a few open. See what tomorrow brings.
$FB BTC 4/20 155/165 BUPS at 4.50 STO at 1.80 Should have kept some.
#longcalls
$MSFT BTO 4/20 95/97.50 BUCS at 1.05
#shortcalls
$LABU STO 3/29 90 calls at 2.20 (Covered)
$FB STO 4/20 170/162.50 BECS at 2.00
#spxcampaign
$SPX STO 4/27 2795/2770 BECS at 2.20 Thank you @jeffcp66
$SPX STO 4/27 2400/2425 BUPS at 1.90 Thank you @jeffcp66
#SPXcampaign
Stopped: $SPX Apr 6th 2700/2725 call spreads for 6.00. Sold for 3.10 on Friday.
#CondorRoll: Sold Apr 13th 2525/2550/2745/2770 condors for 6.30.
#SPXcampaign Sold $SPX Apr 27th 2770/2795 call spreads for 1.60. Playing things at the standard distance OTM (.10-.15 delta) while the market is wily.
#SPXcampaign Based on the way this market has been acting, lows that create a bounce this big result in a multi-day rally. While I’m not saying the coast is clear for new all-time highs, we should remain buoyant to bullish at least for a few days. So I’m selling puts rather than calls on an up day (however, the weakness since the initial pop is making this less certain). If we reach back toward 2700 I’ll be playing it more neutrally until the Downside Warning gets canceled, which is not until VIX closed below 12.61.
Sold to Open Apr 27th 2425/2400 put spreads for 1.75. Already up above 2.00 since we’ve sold off from the highs. If you wish to follow, I suggest going with the 2400/2375.
#SPXcampaign. Cleared out most put spreads for expected lower levels Monday. I only rolled one as I’d like to sell based on Monday’s open.
Stopped $SPX Apr 19th 2540/2515 put spreads for 5.40. Sold for yesterday for 2.85.
#CondorRoll: Sold Apr 6th 2700/2725 call spreads for 3.10, and Apr 6th 2475/2450 put spreads for 2.80.
Stopped Apr 19th 2475/2450 put spreads for 3.10. Sold yesterday for 1.80.
Closed Mar 26th 2680/2705 for .30. Sold this morning for 3.10.
Stopped March 26th 2575/2550 put spreads for 6.05. Sold yesterday for 1.75.
Bought to Open March 29th 2475/2450 LONG put spreads for 2.15. Will take profits with any big gap or move down Monday.
Bought to close March 23rd 2585 puts for .35. Sold in a #Condor Roll on Monday. Thought I didn’t need to worry about this one.
#VXXGame: Sold $UVXY Jan 2019 65 call for 3.75… thanks @optioniceman and @ramie77 for the idea
#Earnings BTC $FDX Mar 23rd 240 puts for 6.50. Sold in a strangle for 1.75 on Tuesday. Missed my chance to close for cheap on Wednesday. #Rolling: Sold Apr 20th 235 puts for 6.75. Also sold a Apr 20th 255 call for 1.15. Will add more calls on strength.
#OptionsExpiration
$SPX 2790/2815 call spreads
$VRTX (formerly covered) 177.5 call
#SPXcampaign Closed $SPX Mar 23rd 2550/2575 call spreads for 1.75. Sold for 9.00 earlier today.
#SPXcampaign Although these have not worked out for me this week, need to get my fix. Since I feel we will likely go lower, I…
sold $SPX March 23rd 2650/2675 call spreads for 9.00 when SPX was at 2652. If these expire worthless it will make up for the 2 call spreads that beat me this week.
#SPXcampaign The whipsaw I suffered in the morning yesterday was a buzzkill, because I’ve been correct about direction just horrible at my intraday timing. Here are remaining trades from yesterday and some this morning..
Sold $SPX April 19th 2540/2515 put spreads for 2.85, #Rolling with 1.5x position size.
Sold $SPX March 26th 2575/2550 put spreads for 1.75, expires Monday
Stopped Apr 6th 2550/2525 put spreads for 2.90. Sold for 1.95 on Mar 7th.
#ReverseRoll Sold March 26th 2680/2705 call spreads for 3.10.
Closed on GTC orders:
March 29th 2760/2785 call spreads for .30. Sold for 3.45 on Monday.
April 13th 2850/2875 call spreads for .20. Sold for 1.70 last Friday.
#ITMroll
Sold April 13th 2775/2750 put spreads for 22.25. This is an #ITM roll from the March 29th 2790/2765 spreads I’m currently trying to close. Probably be paying close to 24.00.
Probably a bad idea, but I had a stink bid for SPX that got executed
STO SPX Apr19 2500/2490 1.10 CR
STO SPX Apr19 2475/2465 0.95CR
Well… I am out
BTC SPX Apr19 2570/2560 1.65. Originally sold for 0.80
BTC SPX Apr19 2550/2540 1.45. Originally sold for 0.80
BTC SPX Apr13 2600/2590 1.45. Originally sold for 0.70
This is a bit more selling more than expected.
#SPXcampaign I love getting short at the lows! Always a joy.
BTC $SPX March 26th 2700/2725 call spreads for 8.50. Sold for 4.30 this morning. I’ll figure how to roll toward the end of the day.
#SPXcampaign Sold to Open $SPX Apr 19th (monthlys) 2475/2450 put spreads for 1.80.
#ReverseRoll Sold March 26th 2700/2725 call spreads for 4.30, as a roll from Apr 20th puts stopped earlier. One of my very short term reverse rolls to make up premium quickly, or possibly explode in my face. Keeps things interesting.
#SPXcampaign I’ve a feeling we’re going lower.
Stopped: $SPX Apr 19th 2580/2555 put spreads for 3.25. Sold for 1.75 on Monday.
#ReverseRoll Sold March 28th 2735/2760 call spreads for 3.35
Stopped: SPX Apr 20th 2595/2570 put spreads for 3.85. Sold for 2.00 as a 1.5x roll on Mar 14th.
No roll yet.
Closed SPX Apr 13th 2870/2895 call spreads for .25. Sold for 1.80 on Mar 14th.
#SPXcampaign I wanted to wait for Fed announcement, but this break above 2720 is too much pressure. The deeper dive I was expecting never came through, and it is expiration day. Can’t risk it any longer.
BTC $SPX March 21st 2710/2735 call spreads for 13.50. Sold for 10.20 on Monday.
#Longcalls
$CRM BTO 8/17 120/130 BUCS at 4.65 Expect their $MULE acquisition to be accretive.
#spxcampaign
$SPX STO 3/23 2575/2600/2800/2775 IC at 1.35 Thank you @jeffcp66
Jeff, are you still holding $SPX Mar 21st 2710/2735 call spreads? I opened the 2715/2740 and just wondering what your plan was for rolling.
#SPXcampaign Stopped: $SPX Apr 13th 2600/2575 put spreads for 3.05. Sold for 1.60 on Mar 14th.
#CondorRoll Sold March 23rd 2560/2585/2775/2800 iron condors for 2.1166, with 1.5x position size. Expires this Friday (hopefully).
#SPXcampaign Sold to Open $SPX Apr 19th (monthlys) 2825/2850 call spreads for 1.65.
This is a position I originally sold ITM and have been rolling. At the beginning of last week I thought I might get out for zero. Not so much. This time I’m rolling into an inverse condor, with expectation that calls will expire an puts will need to be rolled again.
BTC $SPX March 23rd 2790/2765 put spreads for 23.35. Sold for 22.00 on March 2nd.
STO March 29th 2790/2765 put spreads for 20.25
STO March 29th 2760/2785 put spreads for 3.45
#SPXcampaign Betting that we have another warning today:
Sold $SPX Mar 21st 2710/2735 call spreads for 10.50
#SPXcampaign Earlier, after we breached 2730, BTC $SPX Mar 21st 2725/2700 put spreads for 6.85, and just now covered the 2790 calls for .15. Sold the #CondorRoll for 8.00 last week.
STO SPX Apr19 2550/2540 Bull Put 0.70
#SPXcampaign Sold to Open $SPX April 19th (monthlys) 2580/2555 put spreads for 1.70.
#SPXcampaign. Forgot to post earlier: Sold to Open $SPX Apr 13th 2850/2875 call spreads for 1.70
#OptionsExpiration #Earnings #ShortStrangles #SPXcampaign #VXXGame #LongCalls #IronButterfly
— Expiring w/max profit —
$DG 84 puts
$OLED 140 calls
$TIF 109 calls
— Expiring w/max loss —
$SPX 2840/2860 long call spreads, purchased for 1.00 avg price.
$UVXY 91 long calls… purchased for 0.158 avg price… served me well as hedges against short calls
$SQ long 60 calls, bought for 0.964, avg price
— #Assignment —
$SQ 50 long calls, bought for 0.858, avg price. Taking stock (200 shares, cost basis 50.86) and adding it to #CoveredCallCampaign
$AVGO 255 long put – I exited one 265 short put for 9.10. Then, volatility at the close denied my fill on closing more, PLUS, we dropped below my long strike. So, this likely means one spread expired ITM, so a 10.00 debit (against 7.60 sale), but I will likely be assigned short shares based on the ITM long 255 put. Because I feel this may bounce on Monday, I’m buying shares after hours so the assignment will cancel out my position and I’ll be flat. This would amount to about a 2.50 loss overall on the trade.
#SPXcampaign I’m taking off the Upside Warning for now as the current condition is hard to pin down. We could still be in the larger correction and preparing to test the lows. It seems the tariff issue could be a huge a catalyst now, what with Boeing leading the Dow down today. I think any announced relaxation or elimination of the plan could drive us higher. But if not, sideways to down seems the trend.
Sold to Open $SPX Apr 13th 2600/2575 put spreads for 1.60.
Sold to Open Apr 13th 2870/2895 call spreads for 1.80.
Stopped April 13th 2650/2625 put spreads for 2.85.
#Rolling Sold $SPX April 20th 2595/2570 put spreads for 2.00, 1.5x position size.
#SPXcampaign With a third day of weakness I have no choice but to switch from bullish to neutral/bearish positioning. The VIX action had been pretty anemic until the significant pop in the last 10 minutes.
Closed $SPX March 16th 2765/2740 put spreads for 8.75. Sold Monday for 4.00.
#CondorRoll: Sold March 21st 2700/2725/2790/2815 condors for 8.00.
Sold April 13th 2600/2575 put spreads for 1.60.
Closed Early
#spxcampaign
$SPX BTC 3/23 2800/2775 BECS at 9.50 STO at 2.80
$SPX STC 3/14 2810/2830 BUCS at 3.50 BTO at 2.20 Thank you @jeffcp66
$SPX STC 3/16 2840/2860 BUCS at 1.80 BTO at 1.70 Thank you @jeffcp66
#shortputs
$BIDU BTC 3/16 270/260 BECS at 4.00 (GTC Stop) STO at 1.92
#longcalls
$WYNN STC 3/16 165 calls at 25.20 BTO for 9.80 on 1/30 All gone now.
++++++++++++++++++++++++++++++++++++++++++++++++++++
Trades
#shortputs
$MZOR STO 4/20 70 puts at 2.80
$MU STO 3/16 57.5 puts at .80 Thank you @honkhonk81 Good luck to all
$SCHN STO 4/20 36 puts at 1.45
#spxcampaign
$SPX STO 4/20 2650/2750 BUPS at 19.00 Thank you @fibwizard
#SPXcampaign Closed $SPX March 14th 2775/2750 put spreads for 10.40. Couldn’t risk a further gap down overnight.
#spxcampaign BTC the short Mar 23rd 2870 Call for 3.00 when SPX was at 2795.54. I plan to close the long side out later.
$SPX 3/12 2735/2760 BUPS STO at 3.40 on Friday Thank you @jeffcp66
#SPXcampaign #OptionsExpiration
$SPX March 12th 2760/2735 put spreads expired. Sold for 4.85 on Friday.
#spxcampaign
$SPX STO 3/14 2750/2775 BUPS at 6.00 Thank you @jeffcp66
#SPXcampaign Made these trades before the dip, so not ideal timing, but my $SPX position is now 100% bullish. I would be more comfortable with a lower VIX, so I’m still cautious.
Stopped: closed $SPX Apr 6th 2870/2895 call spreads for 3.50. Sold Friday for 1.75.
#ReverseRoll Sold March 16th 2765/2740 put spreads for 4.00
Morning all. #spxcampaign I closed my not so wise Mar 16th 2810/2815 BuCS trade from Friday for 1.30. Missed the high. I reduced the overall position loss down to less than a 2X initial premium on the IC. Probably could have done a lot better. I will take a deeper look at the values and determine if it would have been better to do something else. I probably will not do any more spreads on the SPX as I will be away installing the set project and cannot manage big movements very well. Have a great day.
#longcalls
Rolled $SQ Calls
$SQ BTC 3/16 48 calls up and out to 4/6 53.50 for 3.10 debit
#spxcampaign
$SPX STO 4/13 2625/2650 BUPS at 1.70 Thank you @jeffcp66
Closed Early
$WYNN BTC 3/16 170/180 BUPS at .60 STO for 4.30 No more piggy me (I hope)
#SPXcampaign Sold $SPX Apr 13th 2650/2625 put spreads for 1.60.
Evening all. I’m finally getting to post after a crazy day. Contractors came in and demo’d the bath down to the studs with much violence and noise. I was out during the afternoon so missed an alert on my Mar 16th class credit spread.
#spxcampaign
BTO April 20th 2800/2810 for 4.05 with SPX @ 2759.39
Rolled my Short Mar 16th 2800 Call up to Mar 16th 2815 to form a BuCS with the long 2810 late in the afternoon with SPX @ 2777.80. This was an adjustment I made for the class trade. May not have been the best idea.
BTC the SPX Mar 16th 2365/2325 BuPS @ 0.10. Took this off incase the market reverses next week.
BTC SPXL Mar 16th 45 Put @ .60 off a GTC order. Originally opened at 1.25 on the 7th.
I have had a GTC order on my Mar 23rd 2870/2890 BeCS @ .10 that never got filled. It is back up to 1.10. Go figure.
Expired ERX Mar 09th 27.5 Thanks @hcgdavis
Hope everyone has or had a great weekend.
#optionsexpiration
$SPX 2600/2625 BUPS
$SPX 2650/2675 BUPS
$COST 3/9 180/197.50 Earnings Strangle Thank you @jeffcp66
#spxcampaign
$SPX STO 3/12 2735/2760 for 3.40 Thank you @jeffcp66
Closed “Early” and as it turns out Too Early (GTC order – I was irresponsibly away from computer.)
$SPX BTC 3/9 2775/2800 BUPS at 23.50. STO for 17.00
Closed Early I am finding closing before expiration saves a lot of perspiration
$SPX BTC 3/16 2475/2500 BUPS at .10 STO at 1.40 91% profit Thank you @jeffcp66
$AMZN BTC 3/16 1420/1440 BUPS at .10 STO at 2.85
$WYNN STC 3/16 165 Calls at 21.76 BTO at 9.80 Still have a few left.
#shortputs
$EXAS STO 3/16 51.50 puts at .75
Have a nice weekend everyone. Thank you for all your inspiration and guidance.
#SPXcampaign Closed on GTC orders:
$SPX March 16th 2650/2625 put spreads for .30. Sold for 3.10 on March 7th.
$SPX March 28th 2525/2500 put spreads for .20. Sold as a 1.5x roll for 2.20 on March 1st.
#VXXGame
Sold to close final $VXX long March 9th 40 put for 1.61. Bought for 1.44 on Feb 20th.
BTC $UVXY Apr 20th 26 calls for .44. Sold for 2.00 and 5.30 in early Feb.
BTC UVXY March 16th 16 call for .32. Sold for 1.95 on Feb 27th.
BTC UVXY Jan 2019 70 call for 1.20. Sold in early Feb for 6.50 (avg price) -still holding more.
Bought the following highest strikes, adding to my positions, for protection against future short calls:
April 20th 59 calls for .09
May 18th 40 call for .30
June 15th 60 call for .25
#ContangoETFs
BTC $DRIP April 20th 25 call for .15. Sold for 1.70 on Feb 9th.
#OptionsExpiration
— Expiring —
COST 180/197.5 strangles, sold for 1.55 on Wednesday.
#SPXcampaign So I’m still holding $SPX March 16th 2840/2860 call spreads, double-sized position I bought for 1.00 (avg price) back during the correction on 2/12 & 2/14. It’s been dead money for a couple weeks, but if this rally continues next week, may be nice. I’m debating whether to close half today for around 1.50…
But I added another long:
Bought to open March 14th 2810/2830 call spreads for 2.50.
#SPXcampaign Up 1.5%… face-ripping mode
Stopped $SPX March 23rd 2775/2800 call spreads for 11.50. Sold for 5.25 on March 1st.
Stopped $SPX March 29th 2840/2865 call spreads for 3.60. Sold for 1.60 on March 1st.
I’ve been looking for even the slightest pullback to get longer, but it ain’t coming.
#SPXcampaign Stopped: $SPX Apr 6th 2840/2865 call spreads for 3.75. Sold for 1.75 on Monday.
Sold March 12th 2760/2735 put spreads for 4.85. Expire Monday.
Sold March 14th 2775/2750 put spreads for 10.90. Slightly ITM, expire Wednesday.
#SPXcampaign Stopped $SPX March 15th 2750/2775 for 12.30. Sold for 3.50 on March 1st.
Sold to Open SPX April 6th 2870/2895 call spreads for 1.75.
I need to throw on a few rolls. I will be placing them neural to bearish on the market. If today’s trend stays intact, I’m going to be considering it a provisional upside warning.
#SPXcampaign Mostly watched the market bounce, but closed the condor with today’s expiration… thankfully, since the jobs number just drove the market into my call strikes.
Closed $SPX March 9th 2675/2650 put spreads for .20. Sold for 3.55 on Wednesday.
Closed $SPX March 9th 2750/2775 call spreads for 3.60. Sold for 3.80 on March 5th.
Stopped: March 29th 2810/2835 for 2.70. This got up to 3.50 i the morning, but I was able to close it at the lows of the day for ,such cheaper.
#spxcampaign
Closed Early
BTC 3/16 2375/2400 BUPS at .05 STO at 1.40. Thank you @jeffcp66
#shortputs
$FB STO 4/20 170/175 BUPS at 1.10
#shortcalls
$DVN STO 3/9 31.50 calls at .55 (Covered)
Options Bistro 