April 22, 2008Update to this trade… On the run up last Friday, my put wing at 116/118 order was filled for .04. Not conviced that the market wasn’t haeding higher, I opened up a new put credit spread at 126/128 for a .12 credit. Total credit as of now on this trade is .31 . During the […]
Popularity: 6% [?]
Posted in Real Trades, Iron Condors, SPY 
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April 17, 2008I opened this last Friday… It already has about a 3 profit, due mostly to the drop in volatility.
Puts = 116/118 for .10 credit
Calls = 145/147 for .13 credit
The deltas of my shorts are 2.8 n the put side, and 9.8 on the call side as of today. At that level, I should be able […]
Popularity: 5% [?]
Posted in Real Trades, Iron Condors, SPY No Comments »
April 11, 2008This trade has been good to me - It is currently up 15% in the past 3 weeks, and is super safe. I do have a decision to make though… here is the risk graph, with lines showing P/L for next Monday, and next Wednesday:
Notice how on Monday, I stand to make additional gains from […]
Popularity: 11% [?]
Posted in Real Trades, Double Diagonals, SPY No Comments »
April 8, 2008Today I also closed the SPY call wing for .04 today. On that condor, I had a 9.5% gain for the APR expiration.
I had a nice run with the QQQQs - I was actually down to break even last week as it shot up to 46, and very, very briefly the delta of my 48 […]
Popularity: 8% [?]
Posted in Real Trades, Iron Condors, Double Diagonals, QQQQ, SPY No Comments »
March 24, 2008Thought I’d post up some other open trades like the last one… also have a new Double Diag open. To give a little more clarity I’ll quote the greeks as if there were 10 contracts per leg.
QQQQ Iron Condor - 36/37 Puts, 48/49 Calls
I opened this trade in the first week of March, and the Put […]
Popularity: 7% [?]
Posted in Real Trades, Iron Condors, Double Diagonals, QQQQ, SPY, IWM No Comments »
March 19, 2008Here are my open trades at this moment….
Description Qty Price Mkt Value Cost Basis Gain/Loss
IWM Mar 08 81.00 Call 40 0.01 40 400 -360
IWM Apr 08 55.00 Put 60 0.21 1260 1140 120
IWM Apr 08 57.00 Put -60 0.37 2190 -1860 -330
IWM Apr 08 73.00 Call -60 0.32 1920 -1511 -409
IWM Apr 08 75.00 Call […]
Popularity: 5% [?]
Posted in Real Trades, Iron Condors, QQQQ, SPY, IWM No Comments »
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