May 30, 2008This one was coming… closed on Wednesday for a loss of 25% exactly (.33 credit vs .44 debit.) Could have been worse! Mistakes I made on this trade…
Did not “scout out” my future adjustments, and when I needed to I saw a discrepency in strikes available month to month that made me feel uneasy (see […]
Popularity: 12% [?]
Posted in Real Trades, Mistakes, Calendars, MSFT 
No Comments »
May 27, 2008Anybody 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 »
May 22, 2008These 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: 22% [?]
Posted in Real Trades, Mistakes, Iron Condors, Calendars, IWM, SPX, EEM, RTH, MSFT No Comments »
May 16, 2008Over 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: 14% [?]
Posted in Real Trades, Calendars, EEM, RTH, MSFT No Comments »
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