Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: [private_monthly] iron condor[/private_monthly]; Trade entry date: Jan 14; Price at trade post: $146.70; Price at this adjustment: $151.30 Current Position: [private_monthly] Short -3 SPY Feb13 152 calls Short -3 SPY Feb13 153 calls Long 6 SPY Feb13 155 calls Short -6 SPY Feb13 138 […]
Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]iron condor[/private_monthly]; Trade entry date: Jan 11; Price at trade entry: $880; Price at first adjustment: $884 Price at 2nd adjustment: $895.65 Price at 3rd adjustment: $907 Price at 4th adjustment: $904 Price at this adjustment: $906 Current Position: [private_monthly] short -3 RUT Feb13 930 calls […]
Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: [private_monthly] iron condor[/private_monthly]; Trade entry date: Jan 14; Price at trade post: $146.70; Price at this adjustment: $149.75 Current Position: [private_monthly] Short -3 SPY Feb13 152 calls Long 6 SPY Feb13 155 calls Short -6 SPY Feb13 138 puts Long 6 SPY Feb13 135 […]
Stock / Symbol: Spdr DOW Jones Industrial Avg ETF / DIA Option Strategy: [private_monthly]long call[/private_monthly] Price at trade entry: $138.32 Price at this post: $138.55 Adjustment: As this trade is a hedge against our RUT and SPY positions, I’m putting in a stop to take us out of the trade at break-even. Trade Details:[private_monthly] Stop […]
Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]iron condor[/private_monthly]; Current Position: [private_monthly] short -3 RUT Feb13 930 calls long 3 RUT Feb13 940 calls short -2 RUT Feb13 820 puts long 2 RUT Feb13 810 puts [/private_monthly] Update: Canceling the GTC order to roll the put spread. Will look to close the entire […]
Stock / Symbol: Boeing / BA Strategy: [private_monthly]Condor [/private_monthly] Price at trade entry: $74 Price at this post: $73.45 Reasoning: With the trade up approximately 11% ahead of tomorrow morning’s earnings release, I’m going to book the win and take off the risk of a big up or down move on the report. However, with […]
Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]iron condor[/private_monthly]; Trade entry date: Jan 11; Price at trade entry: $880; Price at first adjustment: $884 Price at 2nd adjustment: $895.65 Price at 3rd adjustment: $907 Price at this adjustment: $904 Current Position: [private_monthly] short -2 RUT Feb13 820 puts long 2 RUT Feb13 810 […]
Stock / Symbol: Russell 2000 / RUT; Option Strategy: [private_monthly]iron condor[/private_monthly]; Trade entry date: Jan 11; Price at trade entry: $880; Price at first adjustment: $884 Price at 2nd adjustment: $895.65 Price at this adjustment: $907 Current Position: [private_monthly] short -1 RUT Feb13 920 calls Long 1 RUT Feb13 930 calls short -2 RUT Feb13 […]
Stock / Symbol: Spdr DOW Jones Industrial Avg ETF / DIA Option Strategy: [private_monthly]long call[/private_monthly] Price at trade post: $138.32 Reasoning: I’m adding this position to smooth out the greeks on our open positions . Our current greeks on the overall position pegged to the SPY are: -129 Delta, 17.8 Theta, and -55 Vega. Our […]
Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: [private_monthly] iron condor[/private_monthly]; Trade entry date: Jan 14; Price at trade post: $146.70; Price at this adjustment: $149.20 Current Position: [private_monthly] Short -6 SPY Feb13 152 calls Long 6 SPY Feb13 155 calls Short -6 SPY Feb13 138 puts Long 6 SPY Feb13 135 […]