Rolled up to the 890 put calendar for .20. I prefer to be a little bit long deltas here although hopefully I am not over-adjusting.
Looks like I might have been wrong here. The stock continues to decline on nothing but bad news and hope is not a viable trading strategy. Out at...
Said I right before gold dropped $30/ounce this morning. I went ahead and cut off the position at the open for .88, at a -19% return on risk...
Sounds like fun. Welcome back!
Thanks DP; I agree! Unfortunately given the journal account size that would just IMO be way too large of a % exposure for a play like this. I do...
Long the Oct VIX 15 put from .45. If the shutdown / debt ceiling are resolved even for a few weeks, I think we may see a significant VIX drop at...
My pleasure and thanks for the kind words.
GMST, great to have you on the journal. The "vol edge" term I am using is the front week IV minus the back week IV on the long calendar. So, using...
No...are you?
Long the GLD Oct4/Oct18 128 put calendar from 1.08 risk. In my opinion gold has been pretty stable the last several days, considering the moves in...
Out at .76 credit, for a 2.5% return on risk after commissions (which took most of the profit). In retrospect, I should not have entered this...
http://www.elitetrader.com/vb/showthread.php?s=&postid=3862309&highlight=spx+puts#post3862309
Thanks for the kind words Ed, but I recognize that I have a tremendous amount left to learn and am still working to become consistently...
Hey Ed, it all depends on my outlook for the underlying. When I expect the underlying to stay relatively stationary and/or for IV to drop, I may...
Long the VXX Oct4 12/14.5/17 iron fly from 1.61 risk (.89 credit). [img] "Judge a man by his questions rather than his answers." - Voltaire
http://www.cboe.com/TradTool/Symbols/symbolall.aspx
Long the GOOG Oct11/Oct18 875 call calendar from 11.37. I expect vol for the back week to be held due to earnings although there is delta risk...
Thanks for the kind words Eddie, and great to have you on the journal!
One of my shortcomings that I am trying to improve on is to take profits more quickly on winning trades, and to cut off trades more quickly (even...
Sure, but my perspective is that I can see spot easily continuing to go higher and the risk is to the upside. The rising IV was making the trade...
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