September 16, 2008.. at least that’s what the talking heads are saying. My account balance doesn’t agree
My apologies for the lack of updates. As of this moment all of my open trades for September are closed, with the exception of a put wing on my SPY Condor (at 113-115). The volatility increase puped it up […]
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Posted in Real Trades, Iron Condors, Calendars, RUT, SPY, RTH, WMT 
2 Comments »
September 5, 2008Easy decision here - WMT has been fighting the rest of the market, and broke throuh 60.60 on the upside.Earlier in the day I had an order to close it for a 15% profit (it got to 13% or so), now it is at a 6% profit.
My adjustment point was probably a little higher so […]
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Posted in Real Trades, Calendars, WMT No Comments »
September 4, 2008After flirting with adjustments (and losses) the last couple of days, today’s downward move yielded some great returns for my positions.
A note on the graphs - I’ve decided to ampilfy the price movement, as on the scale price movement is hard to spot. I’m going to try amplifying it by a factor of 4.
Also, I […]
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Posted in Real Trades, Iron Condors, Calendars, RUT, SPY, RTH, WMT 2 Comments »
September 4, 2008First a note that nearly all of the tecnical analysis blogs I read (hat tip to Slope of Hope) say that when the SPX breaks/broke 1261, that puts are on the menu. Today it closed at 1236. Lots of pressure for further downward moves, which is fine by me right now.
A few adjustments the last few […]
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Posted in Real Trades, Iron Condors, Calendars, RUT, SPY, IBM No Comments »
August 29, 2008This should be a fun update I hope. Lots of analysis, and I hope the graphs go over well. All of my calendars are stalling right now, condors behaving as expected.
RUT Iron Condor - 650/660 puts, 780/790 Sep Calls
RRDelta
-22%
RRGamma
-1%
RRVega
-10%
Delta/Theta = -4.13
1 Day 1 Std Dev Move (9.62 points)
I already rolled the call side down (and regretted it yesterday.) […]
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Posted in Real Trades, Iron Condors, Calendars, RUT, SPY, RTH, IBM, WMT No Comments »
August 26, 2008Forgive me for skipping the template on these in this post. These round out my positions, and were all opened this past Friday. Here is a short explanation and rationale for each:
RTH Calendar (95 puts) - RTH has been very kind, and has stayed in a tight range for a few months. After banking a […]
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Posted in Real Trades, Calendars, RTH, IBM, WMT No Comments »
August 14, 2008Over this week until this morning, I closed out the remainder of my trades. The IBM double calendar is the only one closed for a profit - just over 10%.
I have to shake my head at the condors - the move last week (up 7%+ in 7 days) drove them into danger at the worst […]
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Posted in Real Trades, Iron Condors, Calendars, EEM, IBM No Comments »
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