Entries Categorized as 'Real Trades'

It’s Worse than you think. Under Water after 18 years of investing?

Date March 16, 2009

My apologies for the long periods of silence on this blog - I’ve been all cash since October 5th and intend to stay that way for awhile longer. Not that I don’t look at the market, in fact, I look at it constantly with the luxury of having no emotional investment at stake. And so […]

Popularity: 56% [?]

Look out Below

Date November 20, 2008

First - to the commenters and emailers that have asked where I’ve been, is the blog dead, have I fallen off the planet, etc: I closed my last trades on Oct 5 (some Iron Condors that got very sick that day and needed to be closed for a loss). Over the previous weeks I had […]

Popularity: 65% [?]

Worst Financial Condition Since the Great Depression

Date 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 […]

Popularity: 100% [?]

Adjustment: WMT to triple calendar

Date September 5, 2008

Easy 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 […]

Popularity: 73% [?]

Sep Position Updates - 2 Calendars, 2 Condors

Date September 4, 2008

After 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 […]

Popularity: 98% [?]

Adjustments on IBM, RUT, SPY - SPX below 1260?

Date September 4, 2008

First 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 […]

Popularity: 95% [?]

Position Updates - 3 Calendars, 2 Condors

Date August 29, 2008

This 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.) […]

Popularity: 80% [?]

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