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11/14/17

Options Play 11/14/17


A quick update from last week. I'm Happy with my GE option, it's the only one that is working as well as I hoped. The drags on my P&L are PM, GM, and T. VLRS is a low vol option, still trying to close it for a small profit... any takers?

VLRS Dec15'17 10 PUT | BOT @ .46 | P&L 7 | Closed @.55, RLZD P&L 1
PM Dec22'17 102 PUT | BOT @ 2.72 X 2 | P&L 60| RLZD P&L -116
T Mar16'18 32 PUT | BOT @ 1.33 | P&L 10 | RLZD P&L -37
GE Mar16'18 21 PUT | BOT @ 1.72 | P&L 104 | RLZD P&L 181
GM Mar16'18 42 PUT | BOT @ 2.60 | P&L 25 | RLZD P&L -29






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11/6/17

Options Portfolio: as of 11/6/17


I've been bearish on this market since November of last year, clearly proven wrong on my timing. Now I am attempting to be more selective with what and when I'm bearish. I will update this "Options Portfolio" post as positions change from week to week.


VLRS Dec15'17 10 PUT | BOT @ .46 | P&L -3 | RLZD P&L --
PM Dec22'17 102 PUT | BOT @ 2.72 X 2 | P&L 67 | RLZD P&L --
T Mar16'18 32 PUT | BOT @ 1.33 | P&L -5 | RLZD P&L --
GE Mar16'18 21 PUT | BOT @ 1.72 | P&L -1 | RLZD P&L --
GM Mar16'18 42 PUT | BOT @ 2.60 | P&L 15 | RLZD P&L --





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11/3/17

I Smell Smoke! Update



Going after smokes now, still anticipating some market slow down, I've been locked in on the broader market (DIA, QQQ, SPY) without much success. I will just have to find the weak stocks on my own.


Symbol: PM | DEC22'17 102 PUT | Cost 2.72 x 2

Symbol: GM | Mar16'18 | 42 PUT | Cost 2.60


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