1 - Options Trades as Long Term Investments

Martin Mansour

Multi-Part Options Trades. My personal positions & investments.
Get a Price Discount & Reduce Risk -- by combining options and selling some premium.
Options Income Trades - Short Strangles on SPX (/ES futures) when volatility spikes; Lately have been selling premium in the Bond Futures (ZB), Gold (GC) & Oil (CL) because they're less correlated to stocks.
Market Breadth: McClellan Oscillator, Summation Index; $VIX , Put-Call Ratio, Advance-Decline, $TICK, $TRIN.
** FUTURES -- selling premium (short options for income) in Bonds ZB: and Crude Oil CL; some tail-risk hedges are in place.
-------
PORTFOLIO HEDGE: Dec 16, 2017: 1 of these per $27,000 of SPY equivalent portfolio exposure
SPY: http://postmyimage.com/img2/856_Atomic_Hedge_Variation_Call_sp.png
QQQ: http://postmyimage.com/img2/243_Atomic_Hedge_QQQ_2017_Dec_18.png
-------
**Recent Trades:
1/05: BTO EDU Feb 95-100Call Spd @ 2.55; added long deltas to crude oil short strangles.
1/02: SoldtoOpen: NQ 6300 and 6400Puts; Bought KWEB calls, and Sold puts (to open);
BTO AAPL Feb 145C; BTO SBUX June 50C.

12/17: Long 'NOB' Treasury bond spread: Bought Notes /ZN (10 YEAR); Sold Bonds /ZB (30 YEAR)
12/18 Closed NOB spread

12/14-15: closed lots of positions:
GOOGL short put spd, SHOP short put spd, JWN long call spd, NTES long call spd, MDT long call, SPWR short put,

Dec 12th: EXITed Bond spread trade pre-FED announcement

Dec 7th: New Positions:
KWEB: (CHINA ETF: TenCent 12%, BABA 10%, BIDU 10%, JD 6% )
BTO Jan 51C @ 5.4
BTO Feb 51C @ 6.1
STO 56/48 Put Spd @ 1.95

EEM:
REG: Combo: BTO Jan 45C; STO 46P @ .05
IRA: Ratio: BTO 44C (x2) ; STO 47/42 put spd (x1) @ 42.37

Managing existing positions:
CLOSING
SKX Jan 26.67 short puts @ .05
BX Dec short puts
VNQ Jan short put spd
IYR Jan short put spd
LULU Jan long 77.5C @ 1.47
NQ 6300 short put @ 30.00

Opening
BX Feb 33 short Put
NQ STO DecWk4 6300P @ 43.50
lots of CL crude oil - closing some Jan expiry (Feb); opening some Feb expiry (Mar)

12/07:
STO RUT Feb 14

! - $SPXA50R - Weekly

! - ..NDX - daily; (see $VXN below)

4/1/17: Nasdaq is still strong

! - ..NDX - Two Hour chart

! - .NDX - 2 hour, signals

! - .RUT - 2 hour, signals

Tues May 9th: Did a pairs trade: long IWM, short SPY

! - .SPX - daily

2/26: MACD turned positive
2 / 12 -16: positive divergence again. Solid Up-move
Jan 2016: high imp volatility - selling premium in NDX & SPX futures - trying to keep position deltas neutral. (delta low, theta high).
11/16: nice bounce off the 38.2% FIB level.
10/1: positive MACD divergence
**We've formed a potential Higher-Low on the Daily SPX. The MACD is forming a Positive divergence. We have a possible low.

! - .SPY - 1 hour - Bollinger Band

1/22: broke the downtrend. 38% fib is just above

! - .SPY - 2 hour, signals

! - SPY - 2 hour, MA20, PMO, Force Index

! . Advancing Stocks (minus) Decliners - Intraday (3 min)

This can be a leading indicator on a short term basis.

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.