December 22, 2017
I’m letting AMZN put expire and will take delivery of shares – I believe AMZN will rally over next few sessions strongly. Both options were in the money – so they cancelled each other out.
I’m going to have another bull put spread on AMZN early next week to capture more premium back.
December 19, 2017 Filled at .72 debit on spread in one shot – lower than .75
Let’s roll SVXY
If you are not in the liquidating the old spread – you can initiate the new spread on it’s own.
Liquidate the following Dec 22 expiration bear call spread Buy 115 call Sell 118 call
Liquidate at $2.75 or lower – keep in mind biggest loss is $3.00 since position is hedged and both sides are in the money.
Initiate New spread 1/19/18 expiration sell 127 call Buy 130 call $2.00 or higher
I want to turn this spread into an iron condor and pick up another $1.50 from the put side. But I want to wait for price to decline before doing so.
December 18, 2017 – Filled at $.41
Let’s turn AMZN into iron condor spread
Expiration December 22, 2017 Sell 1172.50 Put Buy 1170 Put $.35 or higher GTC
December 12, 2017 – Filled at $.50
New Bear Call Spread
AMZN Dec 22, 2017 expiration Bear Call Spread sell 1197.50 call buy 1200 call $.30 net credit from sale will turn into iron condor IF price declines next few days.
December 7, 2017 – Filled at $.37
We intend for the 15th bull put spread to expire worthless and will create iron condor out of 22nd expiration LRCX.
The plan is to enter bull put spread that expires on 22nd…sometimes next week.
LRCX bear call spread
Expiration -22 December 17 Sell 202.50 Call Buy 205 Call
Net credit $.30 or higher GTC
December 4, 2017 – Closed old spread at $.31 debit.
Opened new position at $1.98 Credit.
Roll over SVXY bear call spread
Liquidate current bear call spread only …leave bull put spread alone.
SVXY December 8, 2017 expiration
Buy 105 Call
Sell 108 Call
$2.50 or lower
Enter New Bear Call Spread
Expiration December 22, 2017
Sell 115 Call
Buy 118 Call
$1.75 or higher to open.
Leave bull put spread alone…will likely expire worthless.
You can liquidate the spread by rolling out of the old one and into the new one as one trade.
Debit of .75 max for entire spread.
I plan to initiate bull put spread as well to offset some of the downside, after the current bull put spread expires on Friday.
November 29, 2017 – Filled at $.48
New bull put spread alert
NASDAQ is selling off a bit too much and I want to take advantage of the short term corrective pressure.
New bull put spread
December 16, 2017 expiration LRCX bull put spread sell 182.50 put buy 180 put $.40 or higher to open GTC
You can go up or down about 5 cents on the price to get filled.
November 17, 2017 Filled at $.30
Enter new bear call spread – GOOGL
Price is overbought at this time…will roll into iron condor when price declines bit more.
Ticker Symbol – GOOGL
Expiration December 1, 2017
Sell 1067.50 Call
Buy 1070 Call
$.30 or higher to open GTC
November 16, 2017
I wanted to thank all of you for the emails that you send us yesterday letting us know that you were filled on the Put side of the SVXY spread.
We contacted the broker this morning and our trade was filled at $1.00 but it was placed into a wrong account – so we did get filled with the rest of you – again we appreciate the emails that we’ve received.
Will update the open position page shortly.
November 14, 2017 – Filled at $1.00 see above
Let’s turn our SVXY bear call spread into an iron condor spread.
SVXY December 8, 2017 expiration Sell 90 put Buy 85 put $1.00 or greater GTC
November 7, 2017 – Filled at .10 debit –
Let’s go ahead and roll out the SVXY for a bit more time. The trade will be a scratch and allowed us to stay in the position extra three weeks. I’m going to extend it so we don’t miss the next minor pullback.
Liquidate SVXY Bear call Spread – Expires 11/10/17
Buy 105 Call
Sell 108 Call
$2.05 or lower
Enter New Spread
December 8th expiration
Sell 105 Call
Buy 108 Call
$2.05
You can leg into the spread or do it in one shot..prices are stable right now.
Give yourself $15 cents wiggle room on either side.
November 1, 2017 – Filled at $.35
The overall stock market is getting a bit ahead of itself. I’m expecting mild pullback to take stocks lower in the near term.
Market internals are overbought and price is diverging from oscillators.
Take following action
AMZN bear call spread Expiration 11.10.17 1142.50 sell call 1145 buy call $.35 or higher to open GTC
October 25, 2017 – Filled at one shot $.59 – I recommend you place the order as one – appears to be easier to get filled on this one.
New Iron Condor Spread
Earnings on NFLX are behind us and I’m expecting price to remain near current price level over the next few weeks. The stock remains stable and believe we will see more congestion than downside corrective pressure since it’s not impacted by too many other sectors and volatility levels are not showing major divergence.
NFLX November 17 expiration 210 Sell Call 212.50 Buy Call
NFLX November 17 expiration 180 Put Sell 177.50 Put Buy
Combined for $.50 or higher GTC
October 23, 2017 Filled at .65 debit
Let’s roll part of our SVXY that’s causing us trouble.
We will leave the put side alone – and let it decay for a while longer.
I plan on turning the new position into an iron condor over the next few sessions – since I’m anticipating downside to begin as volatility begins to increase due to earnings season.
Take the following action
Liquidate current bear call spread
SVXY
Expiration 10/27
Bear Call Spread Buy 96 Strike Price Call Sell 99 Strike Price Call $2.70 or lower today only.
Roll into the following position:
SVXY 11/10 expiration Bear call spread sell 105 strike price call buy 108 strike price call $2.05 or higher
Keep in mind – we are still collecting the premium from the put side AND intend to turn the new spread into an iron condor in the next few sessions, as the market becomes weaker, so we should make up the premium on the put side.
October 16, 2017 – Filled at $.25 Let’s turn our TSLA into iron condor spread. Bull Put Spread
Expiration October – 20th. Sell 335 put and buy 332.50 put $.25 or higher to open …today only.
October 11, 2017
Roll over SVXY bear call spread. Let’s buy a bit of time without paying too much out of pocket for the premium.
Roll SVXY existing 10/13 bear call spread into 10/27 iron condor spread.
Take following action:
Roll out of Expiration – 10/13 buy 92 call sell 95 call
$2.75 or lower debit.
Roll Into
expiration 10/27 96 sell call 99 buy call $2.00
sell 91.50 put buy 88 put $.50
To to do together for $2.50 to $2.75 Credit
Try to get the spread between flat and $.30 debit. Will buy us some time without big expense. If you are in 10/20 expiration – go ahead and roll out of your position and into the 10/27 as well.
October 11, 2017 – Filled at $.37
New trade alert – GOOGL bear call spread. If you are holding the GOOGLE bull put spread, this will turn position into iron condor. If you are NOT holding bull put spread, this will be a FREE standing bear call spread – it’s not dependent on the other position.
Expiration 10/20
Ticker GOOGL
Sell 1015 call and buy 1017.50 call
.30 or higher to open GTC.
October 5, 2017 Filled at $.30
Please leave bull put spread order working.
I anticipate turning this into an iron condor when 13th bull put spread expires.
Expiration 10/20/17
Bear Call Spread
TSLA
Sell 377.50 Call
Buy 380 Call
.28 or higher GTC
October 4, 2017 – Filled at $.37
New GOOGL watchlist alert.
Google appears to be headed back up before earnings on the 26th of the month. I believe price will reach back up and test the high price and that creates opportunity.
Expiration 10/20/17
Bull Put Spread
Sell 930 Put
Buy 927.50 Put
$.35 or higher to open.
If we rise too quickly, I will turn it into an iron condor spread.
October 2, 2017
Filled on TSLA Bull Put Spread from last week.
September 29, – Filled at $.15 on SVXY roll over
Update – Lower Credit to $.15 fills coming in at that price.
Let’s roll SVXY out vertically…to give us a bit more time. I’m expecting a nice sharp pullback, but not certain it will occur prior to expiration next week.
I want you to roll out of the current position and into the new position at the same time. It will save you spread between bid offer and will get you better price!
New position – SVXY – Expiration 10/13/17
Sell 92 Call
Buy 95 Call
Old Position
Expiration 10/06/17
Buy 92 Call
Sell 95 Call
Credit of $.30 or higher to sell side….do not go lower than $.20 on the credit.
September 29, – Filled at $.35
TSLA appears to have reached oversold territory once again. I’m looking for minor upside to move into the tech over the near term. New trade opportunity…if stock continues showing upside momentum by next week, we may turn into Iron Condor.
Expiration 10/13/17 Bull Put Spread TSLA sell 312.50 Put buy 310 Put .35 or higher to open GTC
September 20, 2017 – Filled at $.69
I want to take advantage of the current stagnate market cycle – that I believe will persist. AMZN doesn’t appear to have to much directional bias and I believe it will remain range bound over the next few weeks.
It’s iron condor spread time.
Ticker Symbol – AMZN 10/6/17 = expiration sell 922.50 put Buy 920 put
Sell 1000 Call Buy 1002.50 Call
Total credit of $.55 or higher to open GTC.
Try to fill as one trade for less slippage.
.55 entire spread as one trade.
September 18, 2017 – Filled at $.02 debit
I believe volatility is going to increase, but we are running out of time. I don’t want to have our back against the wall – while premium decays.
Let’s buy a little bit more time and give ourselves the same upside potential.
Roll over existing SVXY position: New Position 10/6/17 expiration
sell 92 strike price call buy 95 strike price call $1.10 or higher to open
Liquidate Existing Position at $1.10 or better Consider rolling doing the spread at par as one trade.
SVXY Expiration 9/22/17
Buy 86 Call Sell 88 Call $1.10 or lower
You can go debit no more than $.10 cents if price if off.
September 15, 2017 – Filled at .35
New trade idea. TSLA appears to be overbought and reaching for resistance levels. RSI is beginning to show signs of overbought activity.
Place following order
Expiration 9.22.17
TSLA
Sell 395 Call
Buy 397.50 Call
$.27 or higher to open GTC
September 12, 2017 – Filled at $.41
The SPY is reaching short term overbought price levels once again. Moreover, we are seeing divergence between the 10 day RSI oscillator and the price of the SPY, which tell me that stocks are getting a bit ahead of themselves.
I expect mild correction next few sessions.
Symbol SVXY Expiration 9/22 Sell 86 call Buy 88 Call $.40 or higher to open GTC
Sep 5, 2017 –New Spread Filled at $.31
Modify Google bull put spread order from last week [August 29th order]
Cancel following order
Ticker – GOOGL Expiration – 9/15/17
Sell – 902.50 Put Buy 900 Put $.30 or higher GTC
and enter new order below
Sell 912.50 Put Buy 910 Put Expiration 9/15/17
$.28 or higher to open GTC – Filled at $.30
August 30, 2017 – Filled at $.28
Let’s turn our existing AMZN bull put spread into an iron condor spread.
AMZN bear call spread expiration September 8, 2017 sell 990 call buy 992.50 call .25 or higher to open GTC
August 29, 2017 New bull put spread – Modify Order – See Sep 5 above
Google is reaching medium term support level and I believe price is near the swing low for the short term period.
Ticker – GOOGL Expiration – 9/15/17
Sell – 902.50 Put Buy 900 Put $.30 or higher GTC
August 25, 2017 – Filled at $.52
New bull put spread. Amazon is moving towards oversold price level and diverging from the 10 day RSI. I’m not anticipating too much additional upside, unless something unforeseeable occurs and plan on turning the spread into an iron condor over the next few days.
AMZN expiration 9/08/17 bull put spread
sell 925 put buy 922.50 put $.50 or higher GTC
August 22, 2017
New Position Alert – Filled at $.42
Lets turn our TSLA into an iron condor spread. If you don’t have the bear call side – feel free to initiate this side only.
Bull put spread
Symbol TSLA
Sep 8 expiration Bull Put Spread 317.50 Sell Put 315 Buy put Credit of $.35 or higher to open GTC
August 17, 2017
Don’t want to overstay our welcome – and FED data may cause rally tomorrow – this way we avoid exercise and take majority of profit off the table.
Liquidate SPY Bear Call Spread – Filled at $.14
Expiration Tomorrow – 7.18.17 Buy 246 Call Sell 248 Call
$.20 or lower debit to close
August 15, 2017
New order alert
Bear Call Spread Symbol – TSLA Expiration September 8, 2017 Sell 397.50 Call Buy 400 Call $.33 or higher GTC
Filled at $.33
August 9, 2017
AMZN Iron Condor – Filled at $.61
Bull put spread Expiration – August 18, 2017 Sell put 947.50 Buy put – 945.00 $.30 or higher GTC
Bear Call spread – August 18, 2017 Sell 1017.50 Call Buy 1020 Call $.30
Try to fill entire spread AS ONE TRADE for $.60 or higher GTC.
August 1, 2017
Filled on TLT put spread from yesterday at $.41
July 31, 2017
Ticker Symbol -TLT – Filled at $.41 Bull Put Spread Expiration 8/25/2017
Sell 122 Strike Price Put Buy 120 Strike Price Put $.40 [GTC order]
Analysis – I’m anticipating minor corrective pressure to continue taking stocks lower – which in turn will cause support for the long bond in the next few weeks.
July 24, 2017
SPY – Filled at $117 bear call spread expiration 8/18/2017 sell – 246 call buy 248 call Credit of $115 or higher
U.S. stock market is overbought and we are anticipating minor selling pressure next few weeks. This should cause decline in value to SPY and benefit our spread. The reward vs. risk is above 50th percentile on this trade.
July 21, 2017
Go ahead and liquidate the TLT Spread expiring today – price for the spread is $.10 cents or less and I expect you to get filled at that price or lower.
Buy 126 Strike Price Call
Sell 128 Strike Price Call
Today’s expiration
$.10 cents or lower
July 19, 2017
Filled at $.25 credit between both spreads.
This trade can be rolled if you currently have SVXY spread that expires on Friday OR can be taken as a new position alone – without the roll if you are entering the position for the first time.
New Position –
SVXY
Expiration 8/18/17
Buy 91 strike call Sell 89 strike call
Credit $1.10 or higher today only.
Liquidate existing spread below
SVXY
Expiration 7/21/17
86 Strike Call – close out by selling 85 Strike Call – close out by buying back
$.90 or lower today only.
You can spread one against the other for credit of $.20 cents or you can “leg into the spread” one by one.
July 18, 2017
AVGO – Ticker – Filled at .62 Bear Call Spread Sell 260 Call Buy 262.50 Call .40 or better GTC to open
Expiration date 8/11/17
Selection is limited due to earnings on most stocks dominating. The chip sector is overbought once again and I’m looking for minor selling pressure to move in over the next few weeks. I’m also targeting WDAY bear call spread – will update you on those if liquidity picks up.
July 12, 2017
New order Filled at .58 SVXY Expiration July 21 sell 170 strike price Call Buy 172 strike Price Call $.45 or higher GTC
Will turn current spread [see below] into an iron condor spread
July 6, 2017
New order – Filled at $.37 Ticker SVXY Expiration July 21, 2017 Bull Put Spread – I believe volatility will subside next few sessions and we will see a bit of a bounce in SVXY – I’m ready to turn this into a iron condor spread – if that happens. For now let’s stick to one side only Sell 140 Put Buy 138 Put $.35 or higher GTC
June 29 New Order Filled at $46
Ticker – NTES July 21 expiration Sell 282.50 put Buy 280 put Credit of $.45 or greater GTC
June 20,
Filled on trade – placed order as one spread – Filled at .55 debit
Liquidate – June 23, 2017 Expiration TLT – Symbol Bear Call Spread Buy 125 Strike Price Call Sell 127 Strike Price Call 1.50 or lower GTC
New Position TLT bear call spread open new spread Expiration date 7/21/17 Sell 126 call Buy 128 call .95 or higher GTC
Will turn this into an iron condor if price declines a bit over next few sessions.
June 19,
Filled at $1.05 while price of underlying trading at $164.21
If you were NOT filled take price down to $.95 leave it GTC
New Position Alert SVXY – Expiration July 7, 2017 Sell 166 Stike Price Call Buy 168 Strike Price Call $1.05 or better to open GTC
June 15, 2017
Filled at $.77
Change liquidation price on SVXY spread below from $.60 to $.80 Liquidate SVXY Bear Call Spread
Expiration June 16 Buy 155 Call Sell – 157 Call Debit of $.60 or lower today only
June 5, 2017,
New Credit spread – Filled at $.61 Ticker Symbol – SPY Expiration June 30, 2017 Sell 245 Call Buy 247 Call $.60 or higher credit GTC
May 26, 2017
New Iron Condor Spread
Ticker Symbol CHTR – Filled at $.55
Expiration Date – June 23, 2017
Sell 360.00 Call Buy 362.50 Call
Sell 305 Put Buy 302.50 put
$.55 or higher credit to open GTC
May 25, 2017
Liquidate AMZN Bear Call Spread – I want to wait for price to rally a bit more before rolling it into another month.
Expiration May 26, 2017
AMZN – Filled at $1.96
Buy 980 Call Sell 982.50 Call
$2.00 or lower Day Only
May 22, 2017
Cancel GOOGL Iron Condor Spread – placed 8th of May
May 18, 2017
New Order Expiration 6/23/17
TLT – Ticker Symbol – Filed at $.47
Sell 125 Call Buy 127 Call
$.47 or higher GTC
Profit potential close to 25%
May 15, 2017
Roll SVXY Call Option – Got Filled at $.30 debit
Make sure you liquidate the spread
By buying the 153 and selling the 155 – the opposite of how we entered the trade.
Expiration May 19th
Sell 155 Call Buy 153 Call $1.50 or Lower
Enter New Credit Spread Expiration June 16, 2017
Sell 155 Call Buy 157 Call $1.20 Or Higher
May 9, 2017
Filled on AMZN at $.65 see below for details on strike prices, etc.
May 8, 2017 – Cancel Google Spread
New Order
Googl – iron condor expiration 6/09/17 995.00 Sell Call 997.50 Buy Call
905 Sell Put 902.50 Buy Put
.55 or higher GTC Enter as one order
Modify existing AMZN order below:
New order
AMZN
Expiration – May 26
Sell 980 Call Buy 982.50 Call
Sell 890 Put Buy 887.50 Put
Enter as one spread
Net Credit – $.65 or greater GTC – Filled at .65
May 3, 2017
New Iron Conor Spread Modify Order – see above
AMZN
Place all sides together as one order
Expiration May 19
Sell 970 Call
Buy 972.50 Call
Sell 890 Put
Buy 887.50
Net Credit $.60 or higher GTC
April 27, 2017
Modify SVXY bear call spread – Filled at $.68 Change Price Down from $.70 – to $.60
Rest of order below:
SVXY – Symbol
May 19, 2017 expiration Sell 153 Call Buy 155 Call
April 25, 2017
New Order
SVXY – Symbol
May 19, 2017 expiration Sell 153 Call Buy 155 Call $.70 or better to open GTC
April 24, 2017
Liquidation Order – Adjust price to $1.05 GTC [Filled at $1.05]
Liquidate Google Iron Condor Spread Expiration April 28 Buy 880 Call Sell 882.50 Call
Buy 792.50 Put Sell 790 Put
$.80 or lower GTC
April 17, 2017
New Order
Ticker – TLT – Filled at $.50
Expiration May 19 Bear Call Spread
Sell 125 Call Buy 127 Call $.50 or higher to open GTC
April 12, 2017
New Order Expiration April 21, SVXY Bull Put Spread – will turn existing bear call spread into an iron condor. If you don’t have the call spread – you can still initiate this trade.
Sell 105 Put
Buy 102 Put
$ .40 Credit to Sell Side To Open GTC
April 11, 2017
GOOGL – symbol – Filled At $69 almost instantly – Fills are coming in between $63 and $70
Expiration April 28th
Iron Condor Spread – Enter as one order
Sell Call Strike Price – 880 Buy Call Strike Price – 882.50
Sell Put Strike Price – 792.50 Buy Put Strike Price – 790
$.65 or better to open GTC to sell side.
April 4,
Bear Call Spread – Filled at .63 – Fills are coming in as high as $.67
April 21 expiration PCLN – Ticker Sell 1797.50 – Call Buy 1800 Call $.40 or better to open GTC Will leg into bull put spread if price declines over next few days.
March 29,
Liquidate AMZN Bear Call Spread – I’m going to adjust it once price moves a bit higher and go a bit into the money to squeeze out more premium. But price appears to be rising right now so and may rise a bit more over the next few days, so it’s best to exit the bear call portion of the position.
AMZN – Filled at $1.55 Expiration April 21 Liquidate Bear Call Spread.
Sell 885 – Call Buy 880 – Call
$1.55 or lower debit to close GTC.
March 29, 2017
New order – Filled at $.93 expiration – April 21 bear call spread SVXY – Symbol Sell 148 call Buy 150 Call .80 or better to open today only.
March 29, 2017
Cancel NTES Order – Iron Condor Spread
March 27, 2017
Cancel Amzn bear call spread order that was placed on March 23 and place new order below:
New Order – Filled almost instantly at .86
Iron Condor spread
AMZN Expiration April 21
buy 885 – Call sell 880 – Call
Buy 790 Put Sell 795 Put
.80 or higher GTC
March 23, 2017
New Order – Cancel order
Expiration April 21
AMZN Bear Call Spread Sell 877.50 Call Buy 880.00 Call $.65 or higher to open GTC
March 21, 2017
April 21 Expiration – Cancel Order
New Order NTES – Iron Condor Spread
Place entire order as one spread 315 Strike Price Call Sell
317.50 Strike Price Call Buy
262.50 Strike Price Put Sell
260 Strike Price Put Buy .70 or higher to open GTC
March 20, 2017
Will have few credit spreads either later today or early tomorrow.
Cancel order below to enter SVXY
April 7 Expiration Sell 136 Call Buy 139 Call 2.25 Or Higher GTC –
March 16, 2017
Liquidate 234/238 Bear Call Spread – Filled $3.34
Will roll out into new position either tomorrow or early next week: Expiration March 17 Buy 234 Call Sell 238 Call
$3.75 or lower The max risk if we don’t do anything is $4.00…so don’t be so quick to raise the price higher than $3.75!
The put is out of the money and should expire worthless tomorrow.
Adjust the SVXY order for April down to $2.25 April 7 Expiration Sell 136 Call Buy 139 Call 2.25 Or Higher and leave in system GTC –
Will either liquidate or roll SPY later today before the closing – stay tuned for instructions.
March 15, 2017
Clarification – You don’t have to execute both spreads at same time.
You can place order to liquidate the March 17 spread at $2.50 or lower and place GTC order to open the April position GTC on a limit of $2.50 or higher.
Roll Over Alert
Symbol – SVXY
March 17 Expiration Buy 134 Call Sell 137 Call 2.50 Or Lower – Filled at 2.20
Roll to
Symbol SVXY
April 7 Expiration Sell 136 Call Buy 139 Call 2.50 Or Higher
You can Roll both sides at same time for [par] or credit..but no debit.
March 10, 2017
If you didn’t get filled on the SPY spread yesterday – you can try again today – but do NOT go below $.25
March 9, 2017
New Order Filled at $.28
SPY Bull Put Spread March 17 Expiration Sell 232.50 Put Buy 228.50 Put $.28 or higher to open GTC
March 9, 2017
New Order – Filled
Googl – Ticker
Iron Condor Spread – please enter both sides together as GTC order.
April 7 Expiration – Filled at $.71 and most fills are coming in between $.74 and $.70.
Bear Call Spread 880 Call Sell 882.50 Call Buy
Bull Put Spread 820 Put Sell 817.50 Put Buy
Total Credit .70 Cents to open GTC
Risk = $2.50 – $.70 Credit
Profit Potential = $.70
March 2, 2017
New Order Filled at $.87
SVXY – Ticker
March 17 Expiration Sell 134 Call Buy 137 Call $.75 to open GTC
Risk $2.25
February 27, 2017
Filled on the trade are coming near limit price.
Cancel Amazon Iron Condor Spread and place new spread below March 17 Expiration – Filled at $1.01Iron Condor Spread
885 Call [Buy] 880 Call [Sell]
805 Put [Sell]
800 Put [Buy]
$1.00 or greater to sell side – credit to open
GTC order leave in system.
Risk $4.00 per Iron Condor
February 24, 2017
Cancel Amazon order and place new order below. Leave it in the system GTC
March 17 Expiration Iron Condor Spread 885 Call [Buy] 880 Call [Sell]
795 Put [Sell] 790 Put [Buy] $1.10 or Higher to open GTC
Risk on trade $4.00 per contract for entire iron condor spread.
February 23, 2017
Liquidate SVXY Spread – Filled at $.88 expiration Feb 24 Buy 125 Call Sell 129 Call $.90
New Order – Iron Condor [Cancel Order and Place New Order Above] AMZN March 17 Expiration sell 895 Call Buy 900 Call and AMZN March 17 Expiration Sell 802.50 Put Buy 797.50 Put
Credit $1.00 to open GTC
February 22, 2017
We were filled on the SPY trade yesterday and I’m going to leave SVXY alone for the next day, since I’m anticipating volatility will pick up. If you were not filled on SPY trade yesterday, I recommend you increase the debit to $1.10 – $1.20
February 21, 2017
Roll Over SPY Credit Spread – I intend to turn this into an iron condor and collect more premium from Put side but I don’t want to initiate both calls and puts at same time. I want to wait for market to show some weakness before moving into Puts.
Roll Over SPY Spread – Filled at $1.00 ticker SPY Expiration – Feb. 24 Buy 229.50 Call Sell 233 Call 3.20 Debit
New Spread Expiraton March 17 Sell 234 Call Buy 238 Credit 2.20
Filled at $1.00 Debit – as one spread. [ Keep in mind we intend to intiate bull put spread when stocks trade lower to pick up more premium]
You can either enter each side separately or initiate both sides together [selling credit spread and buying new credit spread] for $1.00 debit or you can first liquidate the first spread and then enter the second spread.
February 14, 2017
Liquidation Alert – Fills are coming in between $1.05 and $1.15 at this time.
LRXC Bear Call Spread
Buy 115 Call
Sell 120 Call
Expiration Feb 17
$1.30 or lower today only
February 10, 2017
Cancel February 24 SPY iron condor order and enter the following credit spread instead. We will “leg into” the bull put spread and turn it into an iron condor spread after the market sells off in coming days.
Expiration Feb 24
SPY – Ticker – Fills are coming in at $2.00 – $2.10
Sell 229.50 Call
Buy 233 Call
$2.00 to sell side to open GTC
Change SVXY order Cancel Iron Condor and enter the following order
Expiration Feb 24 – Filled at $2.06 very quickly – fills are coming in between $2.11 and $2.05 Sell 125 Call Buy 129 Call $2.05 or higher to open Will enter second half of iron condor spread when price declines over next few sessions.
Roll over SPY Position – if you are not rolling over just enter the new order and ignore the liquidation. Place New order Good till cancel.
Ticker SPY Expiration Feb 10
Liquidate Existing Position – No fill yet – Cancel Order Buy 227.50 Call Sell 230.50 Call 2.85 or lower debit
New order – no fill yet – Cancel Order Iron Condor Spread February 24 Expiration Sell 229.50 Call Buy 233.50 Call
February 24 Expiration Sell 229.50 Put Buy 225.50 Put 3.05 Credit for entire iron condor spread – GTC – Cancel Order
February 9, 2017
If you are currently holding SVXY that expires tomorrow this is a rollover. If you are not holding SVXYthat’s expiring tomorrow, then this is a new trade.
Liquidate Old Trade – Expiration Feb, 10
SVXY – Credit Spread Buy 117 Call
Sell 120 Call
$2.85 Debit – Filled at $2.68
New Position [New Position If you are entering first time today] – No Fill Yet Leave as GTC Order.
Iron Condor Spread – can be entered as one order to save commission.
SVXY – Ticker – Cancel Order
Credit Spread Feb 24 Expiration – Cancel Order 123 Sell Call 127 Buy Call
117 Sell Put 113 Buy – Put Credit Spread Feb 24 Expiration
Total Credit $3.50 Cancel Order GTC Order
February 6, 2017
New Bear Call Spread
Sell February 17, 2017 – Fills are coming back right away at $2.26 – $2.30
LRCX
Sell 115 Call
Buy 120 Call
$2.25 – $2.35 GTC Order
February 3, 2017
Liquidate NFLX Iron Condor – Filled at $.34
NFLX – Feb 3 Expiration
Bear Call Spread
Buy 140 Call
Sell 143 Call
Bull Put Spread
Buy 132 Put
Sell 129 Put
$.35 or better to close
January 27, 2017 [ Tip – if you are having trouble filling 227.50 / 230.50 – please try 227/230 for a bit more premium on the sell side.
Roll Over SPY Credit Spread for .20 to .30 cent credit – you can do it as one trade if you are rolling over.
Expiration Jan 27 Buy 226 Call Sell 228 Call $1.80 or lower GTC
New Position Bear Call Spread Expiration Feb 10 sell 227.50 call buy 230.50 call
Sell Feb 10 expiration Bull Put spread 224.50 Sell put 221.50 Buy put
$2.10 or higher GTC for entire iron condor spread.
January 26, 2017
Roll Over SPY Credit Spread for .20 to .30 cent credit – you can do it as one trade if you are rolling over.
Expiration Jan 27 – Filled Buy 226 Call Sell 228 Call $1.70 or lower GTC
New Position – Filled Expiration Feb 10
Feb 10 expiration sell 227.50 call buy 230.50 call
$1.95 or higher GTC
Roll Over SVXY – Rolled over for credit of .20 to sell side
Buy 107 Sell 109 Expiration Jan 27
1.65 or lower GTC – Filled
New Order SVXY Expiration Feb 10 Sell 117 Call Buy 120 call
1.85 or greater GTC – filled
January 23, 2017
New Iron Condor – Filled at $1.25
NFLX – Feb 3 Expiration
Bear Call Spread
Sell 140 Call
Buy 143 Call
Bull Put Spread
Sell 132 Put
Buy 129 Put
Credit of 1.25 or greater both sides together = Filled.
Jan 19 – Roll SPY Expiration Jan 20 226/228 Bear Call Spread – Liquidate at .60 or lower to buy side – Debit Filled at $.60
Buy 226 call
Sell 228 call
Enter New SPY Spread Jan 27 Expiration 226/228 Bear Call Spread – $1.10 to open to sell side – Credit – Filled at $1.10
Sell 226 call
Buy 228 call
Jan 18 – Cancel AMZN below –
Jan 27 expiration sell 827.50 call Buy 830 call Jan 27 expirationPut bull spread Sell 775 Put Buy 772.50 Put
Jan 13, 2017
Cancel SVXY Iron Condor rollover and place order below instead. I intend to leg into the bull put spread after market sells off.
Bear Call Spread Filled at $1.15 jan 27 expiration Sell 107 Call buy 109 Call Credit to sell side $1.15 GTC
Roll Over Alert
Liquidate SVXY Bear Call Spread – Filled at $1.85 Expiration Jan 13 Sell 98 Call Buy 96 Call Debit $1.85 GTC
New Position Iron Condor No Fill on New Position Yet. Cancel
SVXY – Cancel Expiration Jan 27 sell 111 Call Buy 113 Call combine with next order SVXY – CancelExpiration Jan 27 Sell 90.50 Put Buy 87.50 Put $2 dollars credit to sell side for both orders combined
Update – Cancel open TSLA GTC OrderJan 12 Amazon Roll Over – filled at $1.70Liquidate AMZNExpiration Jan 13Buy 797.50 Call Sell 800 Call expiration Jan 13AMZN Buy 745 Put Sell 742.50 Put
Expiration Jan 13
Net Debit $1.70
Place as one trade Iron Condor
———-Roll ToJan 27 expiration sell 827.50 call Buy 830 call Call AMZN To OpenJan 27 expirationPut bull spread Sell 775 Put Buy 772.50 Put Place as one iron condor spread Net credit $1.75 = No Fill Yet…Cancel Order 1/10/17Roll Over Jan 11 SPY .65 filledBuy 226Sell 228.65 or lower today onlyInitiate or openSPY Jan 20 ExpirationSell 226Buy 228$1.00 or higher today only – $1.02 filled1/6/17TSLA Roll oversell 222.50 Buy 225 Expiration Jan 20 $2 dollars net credit to sell side GTC [Cancel open GTC TSLA order at $2.00]1/5/17New Order Iron Condor SpreadThis order you can combine as one order for $1.00 or more.AMZN Filled at $1.16 on the entire spread together in one shot. Expiration Jan 13 sell 797.50 Call Buy 800 Call expiration Jan 13 .50 or better GTC AMZN sell 745 Put Buy 742.50 PutExpiration Jan 13 .50 or better GTC1/4/17 TSLA Roll Over Alert – I want to roll over TSLA but with earnings revisions over the past two days, we may see a bit more upside. So I want to wait for price to move a bit higher before entering new position. But I do want to liquidate the old position since it has time premium remaining. Keep in mind since both strikes are in the money, our max risk is $2.50 since each option would be exercised and cancel each other out. Liquidate TSLAExpiration Jan 6 Buy 212.50 Strike Price CallSell 215 Strike Price Call$1.90 or lower debit = Filled at $1.90 Will roll out when price moves a bit higher. 1/4/17Liquidation Alert = Filled at $.86 almost instantly. TLT Expiration Jan 6Buy 120 PutSell 117 Put1.00 or lower debit to close today only.Change Price to $1.10 and leave working till tomorrow close of session. 1/03/17New OrderSVXYExpiration Jan 13Sell 96 CallBuy 98 CallCredit of $1.25 or better today only