Wild, Crazy & Extreme QQQQ, SPY, USO, GLD option trading

Discussion in 'Options' started by increasenow, Sep 11, 2009.

  1. Wild, Crazy & Extreme QQQQ, SPY, USO, GLD option trading

    I am in these positions currently:

    QQQQ

    40 put 60 contracts
    41 put 61 contracts

    SPY

    103 put 13 contracts
    104 put 22 contracts

    USO

    37 put 23 contracts

    GLD

    95 put 30 contracts
    98 put 34 contracts

    Note: all are September options expiring next week...looking for HUGE movement over the weekend into expiration friday.

    2nd Note: I am currently up + $979.00
     
  2. spd

    spd

    lol i have 1 gld 96 put, im a super high roller
     
  3. ps...mine are in a demo account :p
     
  4. You are long all these puts?

    I wish I had seen this post before the close, I would have got heavily long the indices.

    Historically, taking your calls in reverse has been a winning strategy.
     
  5. I am totally pumped for trading to open up on monday morning...love trading thise 4 options...you?
     
  6. I took call positions in all of these yesterday. I have Mr. Peabody's "Wayback Machine" in my Simulator

    :)
     
  7. now, this portfolis is currently up +$2,346.00...yes!!!
     
  8. now +$516.00 as I added a LOT of other puts on various options...read here...

    Symbol Description Stock Qty Cost Basis Total C/B Price Market Value Gain / Loss Action
    .BYOUP BAC SEP 16 Put $16.65 95 $0.12 $1,140.00 0.13 $1,235.00 $95.00 Trade | Roll | Notes
    .BYOUQ BAC SEP 17 Put 20 $0.51 $1,020.00 0.56 $1,120.00 $100.00 Trade | Roll | Notes
    .CUP C SEP 5 Put $4.45 20 $0.57 $1,140.00 0.57 $1,140.00 $0.00 Trade | Roll | Notes
    .CUW C SEP 4 Put 250 $0.03 $750.00 0.02 $500.00 ($250.00) Trade | Roll | Notes
    .CMEUM CME SEP 270 Put $273.83 3 $4.40 $1,320.00 3.81 $1,143.00 ($177.00) Trade | Roll | Notes
    .GLDUQ GLD SEP 95 Put $98.18 30 $0.30 $900.00 0.1 $300.00 ($600.00) Trade | Roll | Notes
    .GLDUT GLD SEP 98 Put 44 $0.87 $3,840.00 0.9 $3,960.00 $120.00 Trade | Roll | Notes
    .MSQUE MSFT SEP 25 Put $24.99 40 $0.29 $1,160.00 0.3 $1,200.00 $40.00 Trade | Roll | Notes
    .OIHUV OIH SEP 110 Put $112.39 10 $1.05 $1,050.00 1.05 $1,050.00 $0.00 Trade | Roll | Notes
    .QQQUN QQQQ SEP 40 Put $41.50 60 $0.16 $960.00 0.11 $660.00 ($300.00) Trade | Roll | Notes
    .QQQUO QQQQ SEP 41 Put 94 $0.33 $3,067.00 0.29 $2,726.00 ($341.00) Trade | Roll | Notes
    .SWGUY SPY SEP 103 Put $104.68 30 $0.69 $2,084.00 0.61 $1,830.00 ($254.00) Trade | Roll | Notes
    .SWGUZ SPY SEP 104 Put 22 $0.89 $1,956.00 0.97 $2,134.00 $178.00 Trade | Roll | Notes
    .UBOUI USO SEP 35 Put $35.62 20 $0.50 $1,000.00 0.5 $1,000.00 $0.00 Trade | Roll | Notes
    .UBOUK USO SEP 37 Put 23 $0.82 $1,890.00 1.65 $3,795.00 $1,905.00 Trade | Roll | Notes

    Total Cash $29,930.60
    Account Value $53,723.60
     
  9. here is where I am currently:

    Symbol Description Stock Qty Cost Basis Total C/B Price Market Value Gain / Loss Action

    .BYOUQ BAC SEP 17 Put $16.99 23 $0.39 $897.00 0.34 $782.00 ($115.00) Trade | Roll | Notes

    .CUP C SEP 5 Put $4.52 17 $0.56 $952.00 0.49 $833.00 ($119.00) Trade | Roll | Notes

    .GLDUS GLD SEP 97 Put $97.96 14 $0.60 $840.00 0.53 $742.00 ($98.00) Trade | Roll | Notes

    .QQQUO QQQQ SEP 41 Put $41.68 37 $0.26 $962.00 0.22 $814.00 ($148.00) Trade | Roll | Notes

    .SWGUZ SPY SEP 104 Put $105.28 12 $0.74 $888.00 0.64 $768.00 ($120.00) Trade | Roll | Notes

    .UBOUI USO SEP 35 Put $35.71 4 $0.50 $200.00 0.44 $176.00 ($24.00) Trade | Roll | Notes

    Total Cash $119.30
    Account Value $4,234.30