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 
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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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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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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 »
August 4, 2008Not 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 […]
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Posted in Real Trades, Iron Condors, Calendars, QQQQ, EEM, RTH, IBM, NDX No Comments »
July 30, 2008Things are perfect for these positions on many levels… the portfolio is up a combined 6% now, with 16 days to go (hopefully I’ll be out within 8 though). A stray thought… I have “max loss” levels for individual trades, including that if the trade is up say 10%, I won’t let it turn into […]
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July 29, 2008First, plan on coming back here later this week - I plan to revamp my risk-greeks (specifically RRGamma, which doesn’t have a lot of value right now), plus write a little about some experiments I’ve done with Google Spreadsheets to analyze daily movements of the SPX and NDX based on thier IV each day, to see if […]
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Posted in Real Trades, Iron Condors, Calendars, QQQQ, EEM, RTH, IBM No Comments »
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