Buying straddles and strangles in my favorite index/sector ETFs: DIA, FAS, IWM, QQQ, SPY and XLY.
Also only taking non-directional post-ER trades until the turbulence abates.
#strangles
#straddles
Tag Archives: Strangles
$DUST #ShortCalls #Strangles – I’ve…
$DUST #ShortCalls #Strangles – I’ve decided to add to positions from yesterday
Sold DUST APR 21 2017 53.0 Calls @ 0.95
Sold 1 DUST JAN 19 2018 90.0 Call @ 4.50
These trades cost nothing in the way of margin but they do bring in a cushion of cash. All are the highest available strike prices. The stock is opening near 27, up a bit today
$DUST #ShortCalls #Strangles – I’ve…
$DUST #ShortCalls #Strangles – I’ve decided to add to positions from yesterday to partially hedge any unexpected put assignments that might happen over the next month or so.
Sold DUST APR 21 2017 53.0 Calls @ 0.90
Sold 1 DUST JUN 16 2017 65.0 Call @ 1.70
Sold 1 DUST JAN 19 2018 90.0 Call @ 4.40
These trades cost nothing in the way of margin but they do bring in a cushion of cash. All are the highest available strike prices. The stock is hovering near 26, up a bit today
$DUST #ShortCalls #Strangles – with…
$DUST #ShortCalls #Strangles – with DUST below 25.0 and pushing even my lowest strike price Puts into the money, I’ve decided to partially hedge any unexpected assignments that might happen over the next month or so.
Sold DUST APR 21 2017 53.0 Calls @ 0.85
Sold 1 DUST JUN 16 2017 65.0 Call @ 1.55
Sold 1 DUST JAN 19 2018 90.0 Call @ 4.10
These trades cost nothing in the way of margin but they do bring in a cushion of cash. All are the highest available strike prices and as long as I am carrying short puts I should be able to safely add to these at higher prices.
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
$SVXY #ShortPuts – Added some…
$SVXY #ShortPuts – Added some for next week
Sold SVXY SEP 16 2016 60.0 Puts @ 0.60
Sold SVXY SEP 16 2016 55.0 Puts @ 0.39
Turning short calls into #Strangles
Options Bistro 