#SPXcampaign
Closed on GTC order: $SPX Feb 9th 2785/2810 call spreads for .20. Sold in a #CondorRoll for 4.25 on Monday.
Tag Archives: SPXcampaign
SPX calls closed
#SPXcampaign Closed $SPX Feb 16th 2810/2835 call spreads for .90. Sold for 10.00 on Friday.
SPX Campaign / Short Puts FB NTNX / Closed Early SVXY Calls
#spxcampaign
$SPX STO 2/7 2745/2720 BECS @ 5.00
#shortputs
$FB STO 3/16 165/175 BUPS @ 1.75
Rolled
$NTNX BTC 2/16 37.50 put STO 3/16 35 put @ .30 debit
Closed Early
$SVXY BTC 3/16 140 call at .02
SPX trades
#SPXcampaign Sold to close $SPX Feb 9th 2760/2740 put spreads for 15.05. Bought for 3.80 last Friday.
Bought to open SPX Feb 16th 2600/2580 put spreads for 1.80. In case we get tother text of lows.
I have several SHORT spreads on either side of current SPX level.
SPX calls sold
#SPXcampaign Right after the bell, filled on this:
Sold $SPX Feb 23rd 2775/2800 call spreads for 5.70.
SPX call spread
#SPXcampaign so at the lows about an hour ago I was preparing to take profits on the Feb 7th 2670/2695 call spread I sold earlier for 11.65. It was down around 6.00. Then I realized I had actually PURCHASED the spread. So I’m now long and liking this rally. Hopefully can close today with small profit.
SPX trades
#SPXcampaign Sold $SPX Feb 12th 2550/2525 put spreads for 3.75.
Also bought this in case of strong move down today or into Friday:
Bought Feb 9th 2590/2570 put spreads for 4.25.
SPX reconciled
#SPXcampaign Okay, after my bonehead trades this morning, I can see we’ll probably be going down more, or at least remain congested.
Sold $SPX Feb 7th 2670/2695 call spreads for 11.65. This was a fat-finger… I mis-entered the price, should have gotten more
Sold $SPX Feb 9th 2740/2765 call spreads for 6.20.
Sold $SPX Mar 9th 2200/2175 put spreads for 1.90…. 440 points OTM.
Yesterday I sold the Mar 9th 2300/2275 for 1.80, and today it’s still 325 points OTM and trading for 4.00 (with very wide bid/ask). Fairly safe bet if you don’t believe this is a market crash.
SPX… ill-advised
#SPXcampaign Already had to bail with losses on those SPX call spreads sold earlier. 100-point rally off the open is not what I expected in 25 minutes.
Closed with losses of 8.10 and 2.05.
SPX call spreads sold
#SPXcampaign Fat premium out there for decently far OTM call spreads expiring this week.
Sold $SPX Feb 7th 2675/2700 call spreads for 7.00
Sold $SPX Feb 9th 2700/2725 call spreads for 8.90
SPX long puts sold
#SPXcampaign I bought these this morning (in pre-market) for 2.65.
Sold $SPX Feb 7th 2700/2675 put spreads for 17.00. Fill just before trading closed at 4:14 ET.
A 20K day trade!
SPX puts sold
#SPXcampaign Sold $SPX March 9th 2300/2275 put spreads for 1.85. 350 points OTM!
We’re in the upside down
#Market #SPXcampaign For the last few months we have seen unending rallies, defying gravity. Many mornings we would open with a nice little pullback, getting enough traders worried the happy days were ending so they would sell, then the market turns around and notches another all-time high.
This morning’s “rally” was the reverse of that… Gap-down open, only to perk into positive territory, head faking enough to cover their shorts before we rip down to new lows.
It’s the upside down of last month.
SPX trades
#SPXcampaign
Stopped: Feb 23rd 2665/2640 call spreads for 4.00. Sold in a #CondorRoll for 3.00 last Tuesday.
#CondorRoll: Sold Feb 9th 2600/2625/2785/2810 condors for 4.25. Expire this Friday.
Closed on GTC orders:
Feb 7th 2800/2825 call spreads for .30. Sold for 4.10 on Friday.
Mar 2nd 2895/2920 call spreads for .20. Sold for 1.85 on Friday.
While we are in correction, call spreads become very lucrative. You can see I sold the two above only one trading day ago.
SPX puts stopped
#SPXcampaign Stopped $SPX Mar 2nd 2680/2655 put spreads for 3.85. Sold as a 1.5x-roll for 2.05 last Tuesday. Considering roll options later in the day.
$SPX #spxcampaign Closed my BePS…
$SPX #spxcampaign Closed my BePS 1.00 Too much going on with the set build to have these types of trades for me. But “I’ll be back.” Over all loss 539 per contract for 2 contracts. Ouchie.
SPX calls closed
#SPXcampaign Closed $SPX Feb 9th 2825/2850 call spreads for 1.05. Sold for 10.40 last Wednesday.
SPX trades
Stopped $SPX Feb 15th 2675/2650 put spreads for 3.25. Sold for 1.50 on Jan 16th.
#ReverseRoll Sold Feb 12th 2790/2815 call spreads for 3.55
Sold Mar 9th 2865/2890 call spreads for 1.75
Closed on GTC order: Mar 2nd 2925/2950 call spreads for .20. Sold for 1.55 last Wednesday.
SPX put spread bought
#SPXcampaign I am already long a put spread from last week and I added another just after the SPX peaked a small rally in pre-market:
Bought to Open $SPX Feb 7th 2700/2675 put spreads for 2.65.
SPX spread
#SPXcampaign After the bell, sold $SPX Feb 23rd 2825/2800 put spreads for 16.90.
Yes, that means I believe the correction will be over by then. But I’ll give it until a week before, Feb 16th. If we’re not above 2825 by then, I will roll it.
Options Expiration 2/2/18
#OptionsExpiration #Earnings #IronButterly #ShortStrangles #SPXcampaign #CallButterfly
— Expired w/max profit —
$AAPL 177.5 call
$AMZN 1325/1660 strangle
$AMZN 1300/1675 strangle
$EA 110 puts
$FB 175 put
— Expired w/full loss —
$SPX long 2865/2885 call spreads (sad; this closed over 9.00 last Friday… but zero today)
$MCD 177.5/180/182.5 call butterflys
$AMD 12.5/13/13.5 iron butterfly (I lost $10)
— #Assignment —
$AAPL 175 puts, taking stock
$BABA 200 puts, taking stock
$VRTX 167.5 put, taking stock (I closed one put for .60, but forgot to close the other before the bell)
SPX reverse roll
#SPXcampaign #ReverseRoll
Closed $SPX Feb 16th 2710/2685 put spreads for 3.65. Sold for 1.55 on Jan 19th.
Sold Feb 7th 2800/2825 call spreads for 4.10.
I will be net short going into the weekend. Most put spreads have been closed.
SPX trades
#SPXcampaign $SPX In chronological order:
Closed $SPX Feb 16th 2800/2775 put spreads for 10.10. Sold for 5.05 on Jan 24th.
Sold March 9th 2630/2605 put spreads for 2.00, 1.5x position size, as a roll.
Closed on GTC order: Feb 15th 2890/2915 call spreads for .40. Sold for 4.50 on Tuesday.
Closed on GTC order: Feb 23rd 2920/2945 call spreads for .20. Sold in a #CondorRoll on Tuesday.
SPX trades
#SPXcampaign $SPX Lots of action this morning… I wish I’d taken more action to get short when the Downside Warning hit on Monday. Now I’m getting spanked at new lows… could this be a bottom today? That’s the hard question to answer. But unfortunately, I got shook out.
Closed Feb 2nd 2800/2875 put spreads for 6.80. Sold for 2.25 on Wednesday.
Closed Feb 9th 2790/2765 put spreads for 9.10. Sold for 3.90 on Jan 22nd
Closed Mar 2nd 2690/2665 put spreads for 2.80. Sold for 1.65 yesterday.
Sold Feb 16th 2810/2835 call spreads for 10.00.
Sold Mar 2nd 2895/2920 call spreads for 1.85.
Bought Feb 9th 2760/2740 put spreads for 3.80.
It’s almost like a new experience handling a correction since it has been so long since we’ve had one and the #SPXcampaign has changed so much. I’m experiencing the same issue I had with the Upside Warning… I don’t trust my own signals enough!
Depending on how the day ends I have to be pretty careful about how I’m positioned for Monday.
$SPX #spxcampaign Condorized my Put…
$SPX #spxcampaign Condorized my Put spread for Feb 16 expiry by selling the 2910/2930 call side for 0.65. I was a bit quick on the trigger.
SPX calls sold
#SPXcampaign Today’s action is not too pretty and it looks like the Downside Warning may hang on the market longer. I’m selling these as hedges against my short put spreads. If we move much in either direction tomorrow, there will be rolling.
Sold $SPX Feb 9th 2825/2850 call spreads for 10.40.
Sold $SPX Mar 2nd 2925/2950 call spreads for 1.55.
SPX puts sold
#SPXcampaign Sold $SPX March 2nd 2690/2665 put spreads for 1.65.
We’re still under the Downside Warning, but given recent market trend it seems more likely we’ll go up from here, at least for a day or two. But I’ll be cautious until VIX drops below 11.00.
Pre-market trades
#SPXcampaign Got about half my money back from the put spread purchase and sold another one…
Sold to close $SPX Feb 2nd 2780/2755 put spreads for .95. Bought right after the closing bell yesterday for 2.00.
Sold to OPEN SPX Feb 2nd 2800/2775 put spreads for 2.25
SPX puts bought
#SPXcampaign After a fairly dull afternoon I entered a Feb 2nd put spread after the bell. Couldn’t decide whether to buy or sell it. Then I decided I would sell it, so entered a sell price, and… I bought it. I forgot that I had “BUY” selected. I left it because I’m still net long on SPX so this’ll be a nice double or triple if we gap down again tomorrow.
Bought $SPX Feb 2nd 2780/2755 put spreads for 2.00
Closed SPX day trade
#SPXcampaign As we meander sideways we are mostly making higher highs and higher lows. Hard to tell whether downside is already finished. Since delta on this spread is high, took 1.25 profit and closed it.
Closed $SPX Feb 9th 2825/2850 call spreads for 12.70. Sold right after the open for 13.95.
Stopped another
#SPXcampaign On the bounce, closed $SPX Feb 23rd 2735/2710 put spreads for 2.80. Sold last Wednesday for 1.60.
If we get another nice dip here, I will be able to sell more rolls.
First roll sold
#SPXcampaign #Rolling Sold $SPX March 2nd 2680/2655 put spreads for 2.05, 1.5x position size, as a roll from stopped Feb 23rd spread.
SPX first moves
#SPXcampaign Stopped $SPX Feb 23rd 2750/2725 for 2.95. Sold yesterday for 1.70. Will roll later when we are down more.
Sold SPX Feb 9th 2825/2850 call spreads for 13.95. Maybe only a day trade.
SPX approach
#SPXcampaign The question is, when do we get the bounce? I closed my most endangered put spread yesterday. Only one other was hitting its stop point before the open, so I will roll it down. I may also sell an ITM call spread as a one or two day trade, and perhaps some OTM if I can find good ones.
For the bounce, I want to sell ITM or ATM put spreads. If I miss timing I can grit my teeth through lower prices and wait for the bounce, and roll if necessary. I will likely wait to BUY call spreads until bounce seems clear, and then more with a new Upside Warning.
Bounce could be today or tomorrow, unless we are in for something bigger. With the biggest earnings announcements this week and next, I think it would be tough to go full-on correction now.
SPX puts closed
#SPXcampaign Closed $SPX Feb 2nd 2830/2805 put spreads for 4.60. Sold for 6.75 on 1/23.
The day is not over yet, and even a small bounce will avert a downside warning. But clearing most immediate and highest-striked spread.
SPX puts sold
#SPXcampaign Sold $SPX Feb 23rd 2750/2725 put spreads for 1.70.
SPX calls closed
#SPXcampaign Bought to close $SPX Feb 23rd 2935/2960 call spreads for 2.75. Sold Friday for 1.60. I hope I can wait for extended highs like Friday afternoon in my next attempt to sell call spreads.
SPX puts sold
#SPXcampaign Sold $SPX March 2nd 2725/2700 put spreads for 1.55. Staying long and strong.
$SPX #spxcampaign Bought to close…
$SPX #spxcampaign Bought to close the Feb 9th 2730/2710 BuPS @ 0.30. Filled at the bell. Originally sold Feb 23rd for 0.80.
SPX calls closed
#SPXcampaign Closed $SPX Feb 16th 2920/2945 call spreads for 2.90. Sold this morning of 1.80.
Never fails! Just can’t do anything short in this market. So I lost 1.10 on this one while making about 10.00 on all my eroding put spreads, plus one call spread bought Wednesday for 4.00 and now at 7.25. Today’s action has me doubting what I wrote earlier… it feels more like we need to still grind higher, so I’m going to hold on for another notch up.
SPX calls sold
#SPXcampaign Preparing again for a possible pullback. VIX has not been dropping much and we’re getting more signs of consolidation. I remain net long but want to be prepared. So many indicators telling us this thing needs a rest.
Sold $SPX Feb 16th (Friday PM) 2920/2945 call spreads for 1.80.
Sold $SPX Feb 23rd 2935/2960 call spreads for 1.60.
Also, closed on GTC order:
Feb 9th 2660/2635 put spreads for .20. Sold for 1.55 on Jan 10th.
$SPX #spxcampaign BTC Feb 02nd…
$SPX #spxcampaign BTC Feb 02nd 2750/2730 BuPS at 0.25. This was a late opening position on 1/23 for 0.65. Sort of coming out of hibernation.
Rolled Up and One Week Out EXAS / Closing Early SPX BECS / Rolled SVXY / Short puts ETE
#shortcalls
$EXAS BTC 1/26 50 call STO $EXAS 2/2 52 call at even
#rollup
$SVXY BTC 2/16 130 call STO 3/16 140 call at additional .50 credit
#spxcampaign
$SPX BTC 2/16 2895/2870 BECS at 6.00 STO 1/17 at 1.80
#shortputs
$ETE STO 2/16 18.50 put at .50 Attempting to acquire stock
SPX no more shorts, again
#SPXcampaign After we tested going negative this morning, $CAT bounced off its rollercoaster of a morning and helped nudge the markets higher. $NFLX is going parabolic again, too. My $KMB calls are now underwater; could have closed for a nice profit on Wednesday. So I think we go higher, driven now by earnings.
Closed $SPX Feb 9th 2875/2900 call spreads for 6.00. Sold for 4.50 yesterday. That was my only short hedge on SPX. I also went long with a risk/reversal that’s making me a whole lot more than this 1.50 loss.
Missed The Roller Coaster Day But Trades Did Fill
#spxcampaign
$SPX BTC 1/26 2845/2820 BECS @ 12.00 STO at 4.75
$SPX BTO 2/2 2865/2885 BUCS at 2.40
$SPX STO 2/26 2710/2735 BUPS at 1.60
#earningstrade
$LRCX STO 1/26 207.5/212.5 BUPS at 1.60 Looks good after hours
$AMZN STO 2/16 1345/1350 BUPS at 2.08
SPX risk/reversal
#SPXcampaign I did not catch the bottom but kind of chased as the bounce became clear:
Sold $SPX Feb 16th (Friday PM) 2800/2775 put spreads for 5.05.
Bought SPX Feb 2nd 2865/2885 call spreads for 4.00.
SPX calls sold
#SPXcampaign Sold $SPX Feb 9th 2875/2900 call spreads for 4.50. Throwing one out there in case this weakness holds up. Also looking to sell an aggressive put spread. I won’t be looking to roll any put spreads unless VIX moves over 12.50 or SPX below 2825.
SPX puts closed
#SPXcampaign Closed on GTC order: $SPX Feb 9th 2650/2625 put spreads for .20. Sold for 1.60 on Jan 8th.
SPX puts sold
#SPXcampaign I have tried since Monday to sell my normal 5-week put spread, but keep missing a fill on the lows, only to see us ratchet higher. Finally just forced a fill. I don’t blame the market. Who wants to be on the other side of being long this market?
Sold $SPX Feb 23rd 2735/2710 put spreads for 1.60.
SPX puts sold
#SPXcampaign Sold $SPX Feb 2nd 2830/2805 put spreads for 6.75.
SPX calls stopped
#SPXcampaign Flubbed this one up… too distracted by earnings trades to get long at the bottom this morning, now I’m chasing.
Closed $SPX Feb 23rd 2900/2925 call spreads for 3.90. Sold for 1.60 yesterday. I have no more call spreads.
I want to sell put spreads and buy call spreads, but hate doing it at all-time-highs.
SPX trades
Closed $SPX Jan 26th 2790/2765 put spreads for 1.20. Sold for 8.20 last Tuesday.
Closed on GTC order: Feb 2nd 2660/2635 put spreads for .20. Sold for 1.55 on Jan 5th.
Stopped Feb 15th 2890/2915 put spreads for 3.05, sold for 1.50 last Wednesday. Will look to roll tomorrow
SPX Campaign / Short Puts CMG FB / Long Calls PETS CMG
#spxcampaign
$SPX STO 2/7 2765/2790 BUPS @ 3.55
$SPX STO 2/23 2925/2900 BECS @ 1.80 Thank you @jeffcp66
#shortputs
$FB STO 2/16 165/175 BUPS @ 1.55
$CMG STO 2/16 315/325 BUPS @ 3.80
#longcalls
$CMG BTO 2/16 340/350 BUCS @ 4.69
$PETS BTO 2/16 45/55 BUCS @ 4.70 Inspired by @honkhonk81
SPX reverse roll
#SPXcampaign Well, it already looks like the possibility for consolidation is a bust. It seems the higher we go with little rest and no correction means the eventual reckoning will be all the more devastating. But until it happens, we ride the rocket ship to the sky.
Closed $SPX Feb 9th 2875/2900 call spreads for 2.75. Sold on Friday for 1.55.
#ReverseRoll Selling the Feb 7th 2790/2765 put spreads. Asking 3.90, which I will get with any slight pullback. If not, I’ll sell it for less.
Unfortunately I have no long call spreads going. Since the Upside Warning is not in effect, it’s tougher to have firm conviction of follow through, so I don’t want to buy at fresh highs.
SPX calls stopped
#SPXcampaign Closed $SPX Jan 26th 2820/2845 call spreads for 9.20. Sold last Wednesday for 4.25. My plan was to get out around 8.00, but this morning’s price action blew right past that. I feel it’s more likely I’m closing at a short term top, but can’t risk it. With recent action, we could end today at 2830 easily. Good news is I sold the 2790/2765 put spreads for 8.20 and they’re currently trading at 2.00.
SPX calls sold
#SPXcampaign Sold $SPX Feb 23rd 2900/2925 call spreads for 1.60. Parabolic move might be continuing, which means I’ll be having to stop-out of these calls and start getting ridiculously long again. Anyone else think we’ll hit 2900 before March? Hard to believe but can’t rule it out.
Final trades and expirations
#SPXcampaign
Sold $SPX Feb 16th 2710/2685 put spreads for 1.55.
#Earnings
Closed $AA Jan 19th 53.5 puts for .45, sold in strangle for 1.00 on Wednesday.
Closed $STZ Jan 19th 220 put for 1.60, sold for 2.35 on 1/4.
#OptionsExpiration #ContangoETFs
$DUST 30 call, sold for 1.50 on Nov 30th
$AA 59 calls, sold in strangle for 1.00 on Wednesday.
SPX puts closed
#SPXcampaign Closed $SPX Jan 22nd 2780/2755 put spreads for .60. Sold for 2.10 as a roll on Wednesday.
SPX calls sold
#SPXcampaign Sold $SPX Feb 9th 2875/2900 call spreads for 1.55. Missed the fill at highs and got caught in the plunge. I sold no call spreads in this expiry last week because we were in an Upside Warning.
Closed Early SPX SQ / SPX Campaign / Short Puts WYNN SVXY / Short Calls EXAS
$SPX STC 1/19 2765/2785 BUCS @ 18.70 BTO @ 2.92 Thank you @jeffcp66
$SQ BTC 1/19 35/40 BUPS @ 65% profit
#spxcampaign
$SPX STO 1/22 2755/2780 BUPS @ 2.20
#shortputs
$WYNN STO 1/26/170/175 BUPS @ 2.20
$SVXY STO 2/9 110 puts @ 3.00 Thank you @fuzzballl
#shortcalls
$EXAS STO 1/26 50 call @ 1.80 I will probably be assigned some stock tomorrow. If these are called away my position size would stay the same.
Closed some Puts early
#SPXcampaign Bought to close $SPX Jan 24th 2775/2750 put spreads for 3.10. Sold yesterday for 6.70.
I had three put spreads close to ATM so I took off this one with a decent profit. If we get a pullback I want to be selling new spreads, not scrambling to manage threatened ones.
Rolling already
#SPXcampaign #Rolling #CondorRoll Already rolling the call spread I sold this morning.
Closed $SPX Feb 15th 2870/2895 call spreads for 3.25. Sold this morning for 1.80.
Sold Feb 15th 2890/2915 call spreads for 1.50.
Sold Jan 22nd 2780/2755 put spreads for 2.10.
guess it is a Rocket Ship
#SPXcampaign Sold to Close $SPX Jan 19th 2765/2785 call spreads for 18.10. Bought for 3.20 on Jan 10th.
Ripping up again. The 2 call spreads I sold earlier have each gone against me by 50% already. I’ll hold overnight but will have to consider rolling if the rally continues tomorrow.
SPX calls sold
#SPXcampaign Sold $SPX Jan 26th 2820/2845 call spreads for 4.25. Provided we’re not on another rocket ship higher, this should be closable within a couple days.
SPX calls sold
#SPXcampaign Back in the call game after the Upside Warning was canceled.
Sold $SPX Feb 15th (monthlys) 2870/2895 call spreads for 1.80.
SPX puts sold
#SPXcampaign Sold $SPX Jan 24th 2775/2750 puts for 6.70. If this one looks to be in trouble tomorrow (one week from expiration), I will roll it.
Cancelation of the upside warning does not necessarily mean that the bull run is finished. But it may mean a slowing of the momentum. I will look to try some call spread sales on the next up day.
Short Puts CBOE GS / Long Calls FB GS CMG / SPX Campaign
#shortputs
$CBOE STO 2/16 120/125 BUPS @ .80
$GS STO 1/19 250/255 BUPS @ 1.00
$GS STO 2/16 240/250 BUPS @ 2.00
#longcalls
$FB BTO 1/19/2019 175 call @ 24.10
$GS BTO 2/16 325/335 BUCS @ 5.98
$CMG BTO 2/16 BUCS @ 4.40
#spxcampaign
$SPX STO 2/16 2640/2665 BUPS @ 1.40
SPX puts sold
#SPXcampaign I sold a normal 5-week spread and an aggressive 10-dayer.
Sold $SPX Feb 15th 2675/2650 put spreads for 1.50.
Sold $SPX Jan 26th 2790/2765 put spreads for 8.20.
Can’t be bullish enough
#SPXcampaign
Closed on GTC orders:
$SPX Feb 2nd 2620/2595 put spreads for .20. Sold for 1.50 on Jan 3rd.
$SPX Jan 22nd 2740/2715 put spreads for .40. Sold for 7.50 last Wednesday.
Waiting for at least a morning minor pullback to add more… will we ever go down again?
SPX puts closed
#SPXcampaign Closed on GTC order in pre-market: $SPX 2740/2715 put spreads for .40. Sold for 6.85.
SPX Closing Early Again – Sign of Cowardice
#spxcampaign
Closed early
$SPX BTC 1/17 2705/2730 BUPS @ .20 STO 1/5 @6.25 97% of profit Thank you @jeffcp66
Closed short calls already
#SPXcampaign Closed $SPX Jan 26th 2800/2825 call spreads for 5.80. Sold for 3.60 yesterday. These got close to 7.00 at the highs. It is still a folly to attempt to short this market.
SPX long calls closed
#SPXcampaign Closed the $SPX Jan 16th 2750/2770 call spreads for 18.40.
This expires Monday and the max gain is 20.00. I figured if I could get 18.40 of that today, it was worth closing early. I didn’t really think it would fill when the morning started, but it did.
Bought for 2.80 on Jan 5th, the day after the Upside Warning fired.
SPX Campaign Closed Early
SPX puts closed
#SPXcampaign Closed on GTC order in pre-market:
$SPX Jan 17th 2730/2705 put spreads for .40. Sold for 6.50.
Options Bistro 