Entries Categorized as 'QQQQ'

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: 38% [?]

Position Updates - 3 Calendars, 2 Condors

Date July 30, 2008

Things 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 […]

Popularity: 40% [?]

Position Updates - 3 condors, 2 calendars

Date July 29, 2008

First, 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 […]

Popularity: 27% [?]

Open - QQQQ Iron Condor

Date July 25, 2008

Things shook out with a little bump in IV over the last couple of days to give me a bread-and-butter condor that makes me comfortable. Small credit, but a 10%+ drop will need to happen to kill this one. I know there have been a few 10% mves in the last 2 months, just banking […]

Popularity: 13% [?]

What I am holding on to into Expiration Week

Date July 11, 2008

At least the indexes have taken a breather from falling. I still wouldn’t bet that this is a bottom, but thank goodness that at least the bulls have decided to slug it out with the bears right here, even if that means that every day is up and down unusually big. (both QQQQ and IWM […]

Popularity: 23% [?]

Ouch, That Hurt

Date July 1, 2008

I mentioned yesterday that the last few minutes of the session dropped the IWM calendar below my adjustment point. Overnight, after briefly rising, futures dropped like a rock, and when the market opened, that calendar was at max loss. Something just didn’t seem right though and I waited for some sort of turnaround… it came […]

Popularity: 20% [?]

Position Updates - 2 Calendars, 2 Condors

Date June 30, 2008

My open positions… Overall, down after today’s action, solely due to the IWM calendar. EEM was nicely up, and the SPX and Dow were flat, but all the losses went into IWM and the Nasdaq, which constitute the bulk of my positions. On one hand I’m a little upset, but on th other that’show the […]

Popularity: 19% [?]

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