Entries Categorized as 'Double Diagonals'

Updates on April trades - QQQQ, SPY

Date April 8, 2008

Today I also closed the SPY call wing for .04 today. On that condor, I had a 9.5% gain for the APR expiration.
I had a nice run with the QQQQs - I was actually down to break even last week as it shot up to 46, and very, very briefly the delta of my 48 […]

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Margin for Double Diagonals

Date March 24, 2008

What should it be for a standard margin account? Not sure but while Think or Swim only requires margin on one leg (much like an Iron Condor), OptionsHouse requires double the margin. Makes a difference when it comes to yield!

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Trade Profiles with Greeks

Date March 24, 2008

Thought I’d postĀ up some other open trades like the last one… also have a new Double Diag open. To give a little more clarity I’ll quote the greeks as if there were 10 contracts per leg.
QQQQ Iron Condor - 36/37 Puts, 48/49 Calls
I opened this trade in the first week of March, and the Put […]

Popularity: 7% [?]

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