UVXY

#VXXGame Highest Strikes
Sold $UVXY Dec 21st 112 call for 3.10 (yesterday)
Sold $UVXY March 112 call for 5.25 (today)

AMZN and UVXY

#PreEarnings Bought $AMZN 1890/1900 long call spreads for 3.20. AMZN dropped 300 points in 8 trading days. I think it can raise 110 from here in 14 days.

#VXXGame Sold $UVXY Jan 2019 95 call for 6.90.

AMAT DG DUST OLED PYPL SMH TLT UVXY

#LongCalls #LongPuts #LEAPS #VXXGame – In and out all day but manged to squeeze in a few trades….

AMAT: Added last of the long LEAPS reducing basis.

Bought to Close AMAT OCT 26 2018 41.0 Calls @ .02 (sold for .43)
Bought AMAT JAN 17 2020 50.0 Calls @ 1.15

DG:

Bought to Close DG OCT 19 2018 112.0 Calls @ .05 (sold for .65)
Sold DG NOV 2 2018 108.0 Calls @ .85

DUST: Nice drop today. Luckily ratio’d at 2×7. Rolling the short puts down and out. Long puts working nicely.

Rolled DUST OCT 12 2018 37.0 Put to DUST NOV 16 2018 35.0 Put @ even

OLED:

Sold OLED OCT 26 2018 120.0 Call @ 1.20

PYPL:

Sold PYPL OCT 26 2018 82.0 Calls @ .94

SMH:

Bought to Close SMH OCT 26 2018 108.0 Calls @ .06 (sold for .95)

TLT: Getting out of the way a little with my triple size position. One winner one loser with a net winner.

#PerpetualRollingStrangles

Bought to Close TLT NOV 2 2018 118.0 Calls @ .15 (sold for .44) .29 gain
Bought to Close TLT NOV 9 2018 116.5 Calls @ .64(sold for .47) .17 loss

UVXY: Haven’t sold these naked very often since Aug 2015 🙂 Sometimes it’s too good to pass up.

Sold UVXY DEC 21 2018 95.0 Call @ 8.25

A few trades

#ContangoETFs
BTC $GUSH Dec 57 call for .75. Sold in May and July for 5.35 (avg price)
BTC $DUST Nov 16th 60 call for .15. Sold for 1.95 on Sep 5th.

#VXXGame
STO $UVXY March 95 call for 10.15

#CoveredCalls
BTC $PVTL Oct 19th 20 covered calls for .05. Sold for .45 last week.

New UVXY strikes, hedging

#VXXGame UVXY added strikes up to 95 in all expiries. $VXX up to 58 or 60.

Bought $VXX Nov 2nd 58 calls for .62
Bought $UVXY Nov 2nd 95 calls for 2.09

These are a minor hedges against UVXY short calls. I don’t have many yet but will add more if it gets higher.

Adding to SOXL

#ContangoETFs This is one of the few short options positions I’m managing in this correction…
I have a few #VXXGame positions, but other than that my shorts are mostly calls in commodity ETFs that aren’t as affected by the selloff.

Sold $SOXL Dec 85 put for 5.40.
Sold that for 1.60 more than I sold the Dec 90 put on Monday.

VIX long puts

#VXXGame Not something I’ve done before,

Bought to open $VIX Oct 30th 16 puts for 1.30. A bet we’ll be back below 12 by the end of the month. I’ll add more if I can get the price down closer to 1.00.