Looking up - my goal for each month is 3-7%, with the rest as gravy, and I’m up 5.44% for June, with a couple of losing positions poised to turn profitable. Details below.
CAT Calendar - 85 Jun/July  

RRDelta
24%

RRGamma
-7%

RRVega
10%

Delta/Theta = 11.6
1 Day 1 Std Dev Move (1.08 points)
A little IV bump gives me a 15.5% profit so far. Quite nice, […]

Popularity: 15% [?]

Posted in Real Trades, Iron Condors, Calendars, IWM, SPX, EEM, RTH, CAT No Comments »

Good finish to the week… all of my calendars are in good shape, no longer in need of adjusting. For the calendar month, marked-to-market, I’m up slightly, around 4%, but for the current expiration cycle I’m slightly less up. Very pleased to be profitable.
My SPX condor (covered a few posts back) is not included below.
CAT Calendar […]

Popularity: 11% [?]

Posted in Real Trades, Iron Condors, Calendars, IWM, EEM, RTH, CAT No Comments »

Anybody watch the UFC this weekend? Some great fights… check out these pics, especially the 3rd one down.
For the last week several of my calendars are right on the edge of needing to be adjusted. I wish they’d make their mind up! Overall, all my calendars are down, and my condors are nicely up, making […]

Popularity: 20% [?]

Posted in Real Trades, Iron Condors, Calendars, IWM, SPX, EEM, MSFT, CAT No Comments »

These are in additon to the CAT calendar in the last post. Overall, movement has hurt my calendars, but due to the warm and comfortable magic of diversification, gains in my condors have offset those losses, and I’m very much in position to have a great month, possibly in the double digits.
EEM Calendar - 150/160 Jun/Sep  

RRDelta
14%

RRGamma
-2%

RRVega
15%

Delta/Theta […]

Popularity: 21% [?]

Posted in Real Trades, Mistakes, Iron Condors, Calendars, IWM, SPX, EEM, RTH, MSFT No Comments »

 EEM hurts… it is up 10% in the past month and keeps maching forward, with IV declining all along the way. I cashed in half the position for a 10% loss and opened the same number of calendars at 160, balancing my deltas and increasing my theta a little in the process. Here’s the new […]

Popularity: 4% [?]

Posted in Real Trades, Calendars, EEM No Comments »

Over the last few days I’ve opened several calendars for June expiration. IV is dropping across the board, which should mean good things - unless it keeps dropping further.
EEM Calendar - 150 Jun/Sep 

RRDelta
-11.6%

RRGamma
-3%

RRVega
19%

Delta/Theta = -2.95
1 Day 1 Std Dev Move (2 points)
Just like last month, I started with a loss almost immediately on EEM due to volatility dropping. […]

Popularity: 11% [?]

Posted in Real Trades, Calendars, EEM, RTH, MSFT No Comments »

Some updates on positions and greeks, w/analysis… I’m using the calculations I referred to in the last post.
SPX Double Diag - 1335 May/ 1315 June Puts, 1425 May/1455 June Calls 

RRDelta
1%

RRGamma
-1%

RRVega
27%

Delta/Theta = .17
1 Std Dev Move (12 points)
I’m not losing any money here, but not making any either. Will probably be a wash unless the market falls, and IV […]

Popularity: 15% [?]

Posted in Real Trades, Calendars, Double Diagonals, SPX, EEM, RTH 2 Comments »