worldCitizen
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by worldCitizen » 29 Jan 2017 19:54
ie wrote: venumpro wrote: ie wrote: venumpro wrote: I assume that the Call side of the IC was breached.
If this is correct, what is the delta of the short call? If delta is .69 or below, I would not do anything. If it is above .69, I would close/roll/adjust, whatever is appropriate.
yes.. thanks a lot for good answer.
the question is when. do i do it now? or i wait till expiration?
What was the original trade? Need strikes and price
SPX C: 2275 - 2300 P: 2250 - 2275
credit $20.02 -- результат нескольких adjustments.
правильный термин, Iron butterfly when writing the same strike put and call.
Вы пользуетесь каким-нибудь калькулятором?
ie
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by ie » 29 Jan 2017 20:07
worldCitizen wrote:
правильный термин, Iron butterfly when writing the same strike put and call.
точно
worldCitizen wrote: Вы пользуетесь каким-нибудь калькулятором?
конешно. но как тут калькулятор поможет...
venumpro
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by venumpro » 29 Jan 2017 20:15
BTW, SPX is primarily used by institutions. I find it very difficult to trade this product with my size. Bid/Ask spread is too wide and it takes forever to close or roll the position. I prefer SPY, which happen to be most liquid product out there.
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by venumpro » 29 Jan 2017 20:17
Let's see how markets treat Trump's actions over the weekend. Hopefully, we'll have some volatility to play with
ie
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by ie » 29 Jan 2017 21:12
venumpro wrote: Let's see how markets treat Trump's actions over the weekend. Hopefully, we'll have some volatility to play with
ditto to this
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by venumpro » 30 Jan 2017 04:58
Market does not give a shit about Muslims.
ie
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by ie » 30 Jan 2017 16:59
venumpro wrote: Market does not give a shit.
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by venumpro » 30 Jan 2017 22:03
Did you close your SPX trade?
ie
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by ie » 30 Jan 2017 22:11
venumpro wrote: Did you close your SPX trade?
partially closed --> lost a little.
partially rolled --> gonna be a little profit if the stars align properly.
all good now.
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by venumpro » 31 Jan 2017 17:38
AAPL Earnings Trade:
Sold ratio strangle in Feb 17 expiration. 126 calls (twice) by 115 puts (once) @ 2.05 credit
ie
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by ie » 31 Jan 2017 20:00
venumpro wrote: AAPL Earnings Trade:
Sold ratio strangle in Feb 17 expiration. 126 calls (twice) by 115 puts (once) @ 2.05 credit
похоже кое-кто поменял тейдин стайл? или мне показалось?
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by venumpro » 31 Jan 2017 20:21
Not really. I am always playing for stock staying within the expected move.
ie
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by ie » 31 Jan 2017 20:31
venumpro wrote: Not really. I am always playing for stock staying within the expected move.
i remember, somebody explained here how good it is to be direction neutral
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by venumpro » 01 Feb 2017 00:07
ie wrote: venumpro wrote: Not really. I am always playing for stock staying within the expected move.
i remember, somebody explained here how good it is to be direction neutral
This trade is pretty neutral. I want the stock to open between 124 and 116. I couldn't collect enough credit for strangle, so I had to sell extra call.
I cannot believe how good the earnings season was in January.
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by venumpro » 01 Feb 2017 03:44
Facebook reports tomorrow
worldCitizen
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by worldCitizen » 01 Feb 2017 06:47
venumpro wrote: Facebook reports tomorrow
решил оставить спред Апрель 135 - Февраль 133 колл, и ничего не делать до конца недели.
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by venumpro » 01 Feb 2017 15:32
Sold 126 put in AAPL. Earnings adjustment
ie
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by ie » 01 Feb 2017 15:32
venumpro wrote:
I want the stock to open between 124 and 116.
damage control?
John Smith
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by John Smith » 01 Feb 2017 15:55
AAPL похоже опасен для стрэнглов, уже не первый раз вроде venumpro на него наступает
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by venumpro » 01 Feb 2017 16:46
John Smith wrote: AAPL похоже опасен для стрэнглов, уже не первый раз вроде venumpro на него наступает
Not too bad. Stock moved few bucks over expected move. So far, -300 per each lot
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by venumpro » 01 Feb 2017 16:47
ie wrote: venumpro wrote:
I want the stock to open between 124 and 116.
damage control?
Done. Two 126 calls and one 126 put. Break even around 127.60
ie
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by ie » 01 Feb 2017 16:51
venumpro wrote:
Done. Two 126 calls and one 126 put. Break even around 127.60
wow. гвозди бы делать из этих людей
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by venumpro » 01 Feb 2017 18:14
FB Earning Trade:
Sold put ratio spread in Feb 3 expiration: one 127 put (long) + two 125 puts (short) for the total credit of .54
Sold 138 call on same expiration for .81.
Position is pretty flat. Approximately -5 deltas. Break evens on both sides are outside of the expected move of 6.61
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by venumpro » 01 Feb 2017 18:18
ie wrote: venumpro wrote:
Done. Two 126 calls and one 126 put. Break even around 127.60
wow. гвозди бы делать из этих людей
Почему ето? Нормальная позиция
Тоже самое, что быть short 122 shares of APPL.
Каждый опцион иммеет .90 of extrinsic value, что дает мне additional 2.70 of protection to the up side
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by venumpro » 01 Feb 2017 18:54
Another adjustment in AAPL:
Rolled up 126 put to 229 for 1.12 credit
Total collected: $4.35