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Options Report- All holdings update

February 27, 2015

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Just wanted to show how many positions still going and the management involved.  This is the Options report under scouting reports.  We add trades on the weekends and sometimes during the week.  But its just a glimpse of my world as a trader for those that are interested and not receiving the options report.  I just did this friday morning.  By the way this is account #1… I have a few more accounts to manage that are even bigger than this,,,fun stuff!!

Friday- End of month Update! – Feb 27th on All holdings!
Bulls-
AN – Stopped out!
DKS – Long the MAR 52.5 calls, took profit on half pos. yesterday, stop at trigger if stock below 52.50, but exiting Monday no matter what before earnings on tues.
VIX
WBA – Still holding a couple of contracts from a homerun entry. Selling the MAR 85 call against it for hedge and bring in about $80 per contract more…now in the 80-85 bull call spread, No stop on it since no risk left. NICE!!

Bears-
VA– still holding the APR 35 put

Credits-
RUT – iron condor credit spread – weekend decay and 20 days left should be profitable on call side if RUT is down next week
ULTA – iron condor credit spread – Profitable – weekend decay and 21 days left should be profitable on call side if is down next week
UNG – short the 11.5 MAR1 & MAR 13 puts, Sold Mar1 11.5 puts for .27 , Right now I am buying to close them for .03 cents. profit of .24 cents or $24 per contract, leaving naked puts at 13 even if assigned.
USO – Own 2000 shares – selling the 12 of the MAR 20.5 calls for .18 Cents to make covered call – ALso buying to close the MAR1 15 puts, sold for .18 , closing for .02 = 16$ profit per contract
UVXY – Sold the naked puts @ MAR1 16.5 & 16, and MAR 16….still holding
VIX – naked puts @ MAR 13.5 & 14.. still holding will let expire if OTM or roll before expiry if ITM
/NG – Nt gas Futures, sold the 1.8 puts for .004 buying to close now for .001 = $30 profit per contract.
/CL – Oil futures selling to open naked puts APR 32 for .03 Credit = $30 per contract expires in 18 days , also sold 32.50 strike for .04 cents = $40 per contract

Debits-
CTAS – Holding Last bull call spread contract since no risk left of the MAY 76.65/84.15 Bull call spread as long as it stays above 10 day ema
BIDU – entered 1/29 Bear put spread mar 210/190 – only 1 contract left after taking profit, holding as long as it stays below 10 day ema
NOC – 180/185 bull call spread for may currently doji on 20 ema, setting up, look for trigger monday swing low hopefully
UVXY – June 20/30 call spread slightly down , this is just portfolio protection and waiting for first spike in VIX from market sell off.
VIX – MAY 15/22 Call spread same as above with the UVXY
ALXN – debit Iron Condor (DebiCon) holding
AN – Stopped out! 62.4 / 65 call spread
APD – debit Iron Condor (DebiCon) holding
LUV – still holding 44/47 bull call spread for MAR
TSLA– Debicon for Mar1 185/190/217.50/222.5 have 3 contracts left selling now before time decay over weekend. Slight loss, but still holding a gain on the MAR Debicon that has 14 days left, already sold half of position for profit
TSO – Diagonal Calendar 87.50 / 95 still profitable, but one more ATR down and it wont be so closing it out for a gain of about $100 per contract
TW – Debicon still holding, 21 days left

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4 Replies to “Options Report- All holdings update”

  1. Sheila Purim says:

    This is great Gino! Thanks a lot for this update!

  2. Carlos Quintana says:

    Thank You Coach G !!!

  3. Mack Grout says:

    Oh wow! This really puts it all into perspective for me- thanks for sharing this.

  4. Troy Mitchell says:

    Appreciate the portfolio update

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