Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]iron condor[/private_monthly]; Trade entry date / price: Sep 16 / $1053.50 Price at this post: $1071 Reasoning: We’ve captured about 70% of the profit potential on this trade, time to take the risk off and close out this winning trade. The trade’s current greeks are: -0.84 […]
Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]iron condor[/private_monthly]; Price at trade post: $1053.50 Reasoning: With 34 days till October expiration, I’m putting on an [private_monthly] iron condor[/private_monthly] on RUT. While we’ve got an expected deviation of[private_monthly] +/- 60 points between now and Oct expiration, I’m going to be more conservative and account […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy:iron condor Status: Did not get filled at desired credit of $1.65 last Friday or again this Monday. Cancelled the trade order at close of trading on Monday. Non-members, click here for access
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date / price: July 17 / $3085 Price at this post: $3040 Reasoning: Less than a week into the trade and we’re already at 60% of the trades profit potential. Going to take the money and the risk off the table. Current greeks […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]iron condor[/private_monthly] Price at trade post: $3085 Reasoning: I’m putting on an [private_monthly] iron condor[/private_monthly] on NDX. We’ve got an expected deviation of[private_monthly] +/- 140 points between now and Aug expiration. I’m accounting for a deviation range of 140 to the upside and 265 to the downside. […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: iron condor Trade entry date / price: Jun 13 / $2936 Price at trade post: $2947 Reasoning: Now that we can capture at least 60% of the potential profit on this trade, I’m booking the profit. I bought back a bit too early though. You can buy […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]iron condor[/private_monthly] Price at trade post: $2936 Reasoning: With 35 days till Jul expiration, I’m putting on an [private_monthly] iron condor[/private_monthly] on NDX. We’ve got an expected deviation of[private_monthly] +/- 160 points between now and July expiration; but with how volatile this market has been, I’m accounting […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: iron condor Trade entry date / price: May 16 / $3014.50 Price at this post: $2992 Reasoning: Less than 2 weeks into the trade, we’re up 6%. Going to see if we can take the money and run to avoid the risk associated with a big up […]
Stock / Symbol: S&P500 Index / SPX Option Strategy: [private_monthly]bear call spread to iron condor[/private_monthly] Trade entry date / price: May 14 / $1647 Price at this adjustment: $1645 Current Position: [private_monthly] short -2 SPX Jun13 1735 calls long 2 SPX Jun13 1745 calls at an effective debit of -0.02 per contract. Reasoning: Looking to […]
Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]bear call spread to iron condor[/private_monthly] Trade entry date / price: May 16 / $3014.50 Price at trade post: $2979 Current Position:[private_monthly] short -1 NDX Jun13 3175 call long 1 NDX JUn13 3200 call at a net credit of $1.28 per contract[/private_monthly] Reasoning: We’re upon on the […]