Stock / Symbol: Direxion Small Cap Bull 3x / TNA; Option Strategy: [private_monthly]double calendar spread[/private_monthly]; Trade entry date / price: Nov 29 / $75.72; Price at trade adjustment: $77.45; Current Position:[private_monthly] Long 1 TNA Jan14 75.81 call (originally 77, adjusted due to dividend) [/private_monthly] Reasoning: Got a nice bump up in the Russell 2k, allowing […]
Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]iron condor[/private_monthly] Price at trade post: $1822 Reasoning: Opening up an Iron Condor here with SPX for January expiration. Working with a Standard deviation of[private_monthly] +/- 67[/private_monthly], and giving some more room to the downside. The greeks going into this trade are: -0.9 delta, 6.5 theta, […]
Stock / Symbol: Direxion Small Cap Bull 3x / TNA; Option Strategy: [private_monthly]double calendar spread[/private_monthly]; Trade entry date / price: Nov 29 / $75.72; Price at trade adjustment: $67.20; Current Position:[private_monthly] Long 1 TNA Jan14 75.81 call (originally 77, adjusted due to dividend) Long 1 TNA Jan14 66.31 put Short -1 TNA Dec13 66.81 put […]
Stock / Symbol: Direxion Small Cap Bull 3x / TNA; Option Strategy: [private_monthly]double calendar spread[/private_monthly]; Trade entry date / price: Nov 29 / $75.72; Price at trade adjustment: $67.20; Current Position:[private_monthly] Long 1 TNA Jan14 75.81 call (originally 77, adjusted due to dividend) Short -1 TNA DecWk2 75.81 call (originally 77, adjusted due to dividend) […]
Stock / Symbol: Direxion Small Cap Bull 3x / TNA; Option Strategy: [private_monthly]double calendar spread[/private_monthly]; Trade entry date / price: Nov 29 / $75.72 Price at trade adjustment: $73 Current Position:[private_monthly] Long 1 TNA Jan14 77 call Short -1 TNA DecWk1 77 call [/private_monthly] Reasoning: Rolling the short call to next week’s expiration. Trade Adjustment: […]
Stock / Symbol: Direxion Small Cap Bull 3x / TNA; Option Strategy: [private_monthly]double calendar spread[/private_monthly]; Price at trade post: $70.50 Position:[private_monthly] Long 1 TNA Jan14 77 call Short -1 TNA DecWk1 77 call Long 1 TNA Jan14 72 put Short -1 TNA DecWk1 72 put [/private_monthly] Reasoning: Downside stop hit. Closing out the put calendar […]