Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
i sold some puts friday december 64s
bought 100 svxy at 46.72 but underwater here overall
wow already btc 4 puts still have 3 weeklies and one for 21st
sold 4.67 for a 90 weekly btc for 1.1
sold 7.6 for $94 btc for 3.6
sold 14.68 for december 88 btc for 12.27
sold aug 21st 87 for 4.2 btc for 2.05
still have 3 weeklies 91.92.94 for combined $7.0 in premuim
hopefully premiums are ok will be selling puts this am
yes I actually have had some put to me through a vix spike and been way down. If i think there is more downside I sell a call at cost for further out(few months) I try to close it when the call is decent green or when I think vix may mean revert. but yes last time I sold calls I missed on lots of potential profit.(BIG if i timed it correctly) with the vix etfs I do not try to time, i take what it gives me and rinse and repeat
fuzzy sorry if I did not state clearly, I sell puts weekly at different strikes usually if I get them assigned I sell calls for the week. I usually had a chance to sell higher than what I get for calls but I do not want to guess best sell price so if I get assigned at 90.5 cost and monday svxy 92.7 and I sell $93 call for 1.2 i take it and usually svxy goes higher than my 94.2 profit ceiling but I get profit or lower cost basis.
rinse and repeat even here with vix flirting with 12
when vix futures spike I sell sometimes 10-15 puts in a week at different strikes and expirations
I sell puts every week
I got 2 contracts assigned but because of premuim my cost basis was lower than svxy was trading.
I sold $93 calls for 1.2 per and they got called away giving me a selling price of 94.2
i got called away on 2 $93 calls at profit from 90.33 to 94.25
even at low vix contango has me wanting to sell a few weekly puts each week even down here. I have a 91 and 93 for coming week for total $672 premuim will btc my 91 if we see future vix drop or stay monday or tues.
i will be closing this position in 10 minutes
in a scenario where you would need gold to purchase goods, how would you? shave a piece of a gold coin and hand it over for gas??
i bought a dec $20 call for 11.58 figured i should see a pop and some point that nets me some profit
cause your fixing to see another one
sold a few mor things last week 68 january puts(3) stp 10.6 btc 6.85(?)
bought 3 jan 2017 $45 uvxy puts for 28 sold for 31.87
got 300 svxy put to me at 77 sold 85.5 calls on them monday morning for 1.9 bought back today for 2.06 sold svxy at 86.33 near close
my plan was to ride the 68s till I had captured 75-80%
i planned to ride 2017 puts for a bit but i got ansy and took profits
seeing svxy at 88 after hours doesnt make me feel good lol
but all cash except a few $34 uco puts for steak dinners $1.73 total
its reverse split several times already.
just for the new guys $100 invested in nugt since inception is now 34 pennies not counting commission
glad your still around shorting UVXY still paying good, how are your trades?
Simply check gdx chart and price movement against nugt. You will see the slippage due to decay and fees. Gold could go to 2000 and this would not forward split so RS does matter unless you one of the very few that read the prospectus and realize its just a daily mover and not something you can hold.
trust this guy he went long nugt between $90-100
he knows about RS
Do you keep a hedge via svxy calls or just try to load long options or shares when vix is low? I may for first time try to long uvxy(small) when vix<12
how long have you played nugt? at least a year right? I feel sorry for some of the guys like truthbible and noah who will never get anything back due to RS
stingray or dr. contango
I would like to here your current trading ideas, I do not come here much but do have instagram and could lurk on twitter if your so inclined to contact me.
bought uvxy weekly puts yesterday for $41s and 44s
sold svxy weeklies from 85-78
sold january 80s and 87s puts for 13 and 15 and 17 respecitvely
playing weekly uvxy puts for steaks except for last week when I bought 9.5s for .03 and they expired worthless. got $12 for friday havnt sold yet tried late yesterday on phone but no dice.
my 2000 svxy shares should get called away friday missed profits but keep taking chunks to put in my pockets
my 64s weekly puts expired worthless netting .67 per I got them thursday morning
my 66s got called away
i was not able to btc my may on wed before fed announce, bid/ask spread was wide like ocean
was able to get some uvxy $16 puts for .6 sold hr later for .81
sold 20 may 1st$75strikes for 1.05
sold 3 march 20th $66strikes for.75
look through the history of this board. truthbible said this when it was 55-60 about a yr ago after it had reverse split He is probably still holding
btc 3 weekly $65 strikes at .25 that I sold at .84 yesterday
btc 20 june $75 strikes at 2.22 that I sold for 3.91 last week
( i btc the weeklies then started walking down the ask on the junes from 2.65 to 2.35 then btc with limit of 2.25 with bidof 2.15
ha ha I love you man, I sold puts bit to early missed several hundered per in some cases but sold 20 $75 june svxy covereds for 3.91 that I may BTC soon. GLad your still around
havnt posted lately, sold of all my uvxy puts on tuesday also closed(btc) my june svxy puts
I still have 200 svxy shares that I sell covereds on out of the money.
off topic but Im nibbling uco yesterday at 7.9 sold covered 8.5s for march 6th
btc my 5 $68 weeklies for .07 from.80
btc my 5 66s at .2 had another hanger I got this a.m . and sold it as well
yes, puts I sold. If market goes against me and I cant get out of puts I will take shares and sell calls on them. Since the vix is a depreciating asset why not take advantage of it.
yes, puts I sold. If market goes against me and I cant get out of puts I will take shares and sell calls on them. Since the vix is a depreciating asset why not take advantage of it.
sold 5 68 weeklies for .8
looking to buy back my 66s now from .75 (.2-.3 bid ask)
thanks i get lucky once in a awhile
btc 10 64 puts for .44( 5 from 1.86, 5 from .75)
sold 5 more 66s for .75
bought to close my weekly $64 puts at .05 from 1.14-1.36
sold next week 64s (5)for 1.86
btc 62.5s yesterday for 50% gain
btc 60s today for .2 from 3.88
sold uvxy $25 puts this am at 7.26 i believe
sold 5 weekly 64 svxy puts for 1.36
btc my $68 callsfor 7.6 for a nice 1200 loss
sold dec 20th 61.5 and 60 svxy calls (4 2 each) for $1900 total
bought lots of uvxy puts maybe 12 one $25 for next week
8-10 january 16uvxy $25-30 for net 10-12
lots going on i will sort out my buys better this weekend
btc all calls tuesday(.05) and sold 2 dec 20th svxy 80s for 1.15 (btc too early but made50%)
bought dec20th $23 uvxy puts 2.5-2.63
sold 4 $68 dec 12th svxy calls yesterday @ 2.05 lettingem ride for now
sold 14 dec 12 $82 coverereds for .5
sold 2 dec12 80s for 1.15
sold to close all uvxy puts and btc svxy calls except 3 jan 15 $80s
Only a few dec and jan uvxy puts left and did sell a few march $37 puts just to regulary take profits
did not sell covereds on my svxy will look especially if uvxy dumps hard sometime next week