Closing Trade : RUT

Stock / Symbol: Russell 2000 / RUT Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date / price at trade post: Apr 17 / $905 Price at this post: $970 Current Position: Short -1 RUT May13 970 calls Long 2 RUT May13 980 calls Reasoning: While the market may finally pull back next week, it’s too risky […]

Trade Adjustment : RUT

Stock / Symbol: Russell 2000 / RUT Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date / price at trade post: Apr 17 / $905 Price at this adjustment: $959 Current Position: Short -1 RUT May13 955 calls Long 2 RUT May13 965 calls Short -2 RUT May13 970 calls Long 2 RUT May13 980 calls Reasoning: […]

Trade Adjustment : NDX

Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]iron condor[/private_monthly] Trend entry date / price: Apr 17 / $2780 Price at this post: $2946 Reasoning: Our upside stop of 2919 was eclipsed this am on the strong jobs report. Closing the position here. If we can get back in over the next few days, we […]

Trade Adjustment : NDX

Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]iron condor[/private_monthly] Trend entry date / price: Apr 17 / $2780 Price at this post: $2881 Reasoning: Our upside stop of 2875 was hit so I’m rolling up the call spread portion of the trade. This adjustment will eat into the potential profits but it’s important to […]

Trade Update : RUT

Update: lowering my buyback on the put spread to $0.20 net per contract Trade Details: [private_monthly] BTC -2 RUT May13 850 puts STC 2 RUT May13 840 puts for a max net debit of $0.20 per contract. (GTC order, limit order) [/private_monthly]

Trade Adjustment : RUT

Stock / Symbol: Russell 2000 / RUT Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date / price at trade post: Apr 17 / $905 Price at this adjustment: $936 Reasoning: Selling a 970/980 call here to put the profit potential back into this trade. I’m also entering a GTC order to buy back the put spread […]

Trade Adjustment : RUT

Stock / Symbol: Russell 2000 / RUT Option Strategy: [private_monthly]iron condor[/private_monthly] Trade entry date / price at trade post: Apr 17 / $905 Price at this adjustment: $931 Reasoning: With the latest standard deviation calculation giving RUT upside to 970 by May expiration, I’m adjusting the trade by buying back one of the short calls. […]

Trade Adjustment : NDX

Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]iron condor[/private_monthly] Trend entry date / price: Apr 17 / $2780 Price at this post: $2836 Reasoning: Just in case AAPL pops tomorrow on tonight’s earnings report, I’m going to roll up the call spread portion of this trade. This adjustment will bring the trade’s Delta closer […]

New Trade : NDX

Stock / Symbol:Nasdaq 100 / NDX Option Strategy: [private_monthly]iron condor[/private_monthly] Price at trade post: $2780 Reasoning: With 29 days till May expiration, I’m putting on an [private_monthly] iron condor[/private_monthly] on NDX. We’ve got an expected deviation of[private_monthly] +/- 127 points between now and May expiration; so I’m selling the 2925 calls and the 2650 puts. […]

New Trade : RUT

Stock / Symbol: Russell 2000 / RUT Option Strategy: [private_monthly]iron condor[/private_monthly] Price at trade post: $905 Reasoning: With 29 days till Mayy expiration, I’m putting on an [private_monthly] iron condor[/private_monthly] on RUT. We’ve got an expected deviation of[private_monthly] +/- 50 points between now and May expiration; so I’m selling the 955 calls, covering with the […]