September 16, 2008.. at least that’s what the talking heads are saying. My account balance doesn’t agree
My apologies for the lack of updates. As of this moment all of my open trades for September are closed, with the exception of a put wing on my SPY Condor (at 113-115). The volatility increase puped it up […]
Popularity: 27% [?]
Posted in Real Trades, Iron Condors, Calendars, RUT, SPY, RTH, WMT 
2 Comments »
September 4, 2008After flirting with adjustments (and losses) the last couple of days, today’s downward move yielded some great returns for my positions.
A note on the graphs - I’ve decided to ampilfy the price movement, as on the scale price movement is hard to spot. I’m going to try amplifying it by a factor of 4.
Also, I […]
Popularity: 31% [?]
Posted in Real Trades, Iron Condors, Calendars, RUT, SPY, RTH, WMT 2 Comments »
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 […]
Popularity: 30% [?]
Posted in Real Trades, Iron Condors, Calendars, RUT, SPY, IBM No Comments »
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.) […]
Popularity: 35% [?]
Posted in Real Trades, Iron Condors, Calendars, RUT, SPY, RTH, IBM, WMT No Comments »
August 26, 2008I’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: 21% [?]
Posted in Real Trades, Iron Condors, RUT, SPY 1 Comment »
April 10, 2008At Optionetics… Real-World Trading: The Iron Condor, Part I .
Popularity: 14% [?]If you enjoyed this post, make sure you subscribe to my RSS feed!
Popularity: 14% [?]
Posted in Trading Rules, Iron Condors, RUT 1 Comment »
March 24, 2008This is actually a follow up from an earlier article on the RUT and RLS I wrote. Be sure to read it if you wonder why things get screwy on expiration day.
In short, most open-cry options (RUT, SPX, NDX, and others) close trading on the day before expiration day (that is, Thursday, 4:30 most months.) […]
Popularity: 14% [?]
Posted in Mistakes, Trading Rules, RUT No Comments »
Copyright (C) 2008, OptionsRopeADope, LLC All rights reserved. U.S. Government Required Disclaimer: Commodity Futures Trading Commission.*Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
