Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]iron condor[/private_monthly] Price at trade post: $2077 Reasoning: With not much of a chance of getting the trade filled at the desired level, combined with the need to re-calibrate the call portion of the trade to account for the market’s exuberance following today’s Fed meeting statement, […]
Correction: I had the wrong expiration date for the 1840 puts. Here is the corrected order: [private_monthly] Trade Details: STO -2 SPX Apr15 2195 calls BTO 2 SPX Apr15 2205 calls STO -2 SPX Apr15 1850 puts BTO 2 SPX Apr15 1840 puts for a min net credit of 0.55 per contract. The mid is […]
Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]iron condor[/private_monthly] Price at trade post: $2077 Reasoning: Opening up an Iron Condor here with SPX for April option expiration. Working with a Standard deviation of[private_monthly] +/- 95[/private_monthly] by Apr 17th, and giving some more room to the downside, I’m selling the [private_monthly]2195 calls and 1850 […]
Update: re-submitted the day order at a credit of $1.25. Current mid is $1.27.
Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]iron condor[/private_monthly]; Price at trade post: $1233.27; Reasoning: With an expected deviation of[private_monthly] +/- 52 points between now and March expiration, I’m putting on a [private_monthly]bear call spread[/private_monthly] on RUT. I’m selling the [private_monthly]1280 calls (covering with the 1290’s) and selling the 1150 puts (covering with […]
Stock / Symbol: Russell 2000 / RUT; Option Strategy: Iron Condor Update / Action: Didn’t get filled. Cancelling the order for now. Looks like we may get a market pullback, so we’ll look to open up another credit spread when there’s some blood in the street. Non-members, click here for access
Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]iron condor[/private_monthly]; Price at trade post: $1176.65; Reasoning: With RUT hovering near its 200 day average, I’m putting on a [private_monthly]iron condor[/private_monthly] on RUT. I’m selling the [private_monthly]1040 put and the 1300 call, covering with the 1030 put and 1310 call[/private_monthly]. The trade’s greeks are currently: […]
Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date / price: Dec 20 / $1822 Price at this post: $1834 Reasoning: This trade is already very close to it’s full profit potential. Going to enter in a GTC order to close for a nice profit. Barring a wild move in […]
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: Russell 2000 / RUT; Option Strategy: [private_monthly]iron condor[/private_monthly]; Price at trade post: $1103 Reasoning: With 29 days till December expiration, I’m putting on an [private_monthly] iron condor[/private_monthly] on RUT. we have an expected deviation of[private_monthly] +/- 53 points between now and Dec expiration. I’m going to be a little more conservative and […]