Entries Categorized as 'Real Trades'

Open - RTH, IBM Calendars, WMT Double Calendar

Date August 26, 2008

Forgive 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 […]

Popularity: 52% [?]

Open - RUT Iron Condor - 650/660, 810/820, and SPY Iron Condor - 113/115, 136/138

Date August 26, 2008

I’ve been tardy on the blog, and in posting my trades so here they are all in the next few posts. I’m scaling back a little this month, trying to be smart after a couple of very meager months. 
I actually opened this trade on the 18th. It took me a little while to pull the […]

Popularity: 63% [?]

New Trade Graph Feature on ORAD

Date August 20, 2008

One of the goals I have had for this blog is to become more “self aware” of my trading and the markets through transparency of my trading decisions. It has worked and my methods and understanding of major principles such as risk management and portfolio diversification have been pushed to another level. A picture is […]

Popularity: 16% [?]

August Results - 3%

Date August 14, 2008

Over 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 […]

Popularity: 25% [?]

Adjust - EEM 130 to Double Calendar (130/40(!!))

Date August 8, 2008

This is a strange one due to the EEM split a couple of weeks ago. As mentioned in an earlier post I closed half the original position (at 130). Yesterday, I opened another calendar when it reached break even. I had a choice between the 41 strike and the 40 strike, and chose the 40. […]

Popularity: 11% [?]

Close - RTH Condor

Date August 6, 2008

In this for 14 days…. closed the RTH put condor for a credit of 4.3, after opening it for a debit of 3.8, for a 13% profit.
I actually closed it with an even number of contracts, leaving me with some extra puts at the 85 strike. They’ll probably expire worthless but if RTH should fall this […]

Popularity: 11% [?]

Position Updates - 3 Condors, 2 Calendars

Date August 4, 2008

Not much movement since the last post until today, and it was still a small movement overall. For my first adjustment of this cycle, I closed half of my EEM contracts as the position lost all its profit and seung to a loss. I had the thought of opening another calendar but didn’t at the end […]

Popularity: 30% [?]

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