atticus' "ship it" vol trading journal

Discussion in 'Journals' started by atticus, Sep 5, 2012.

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  1. this out to be an interesting ride ..

    + BOT 1 AAPL OCT 05 '12 + (1) 665 + (1) 680 - (2) 670 Call Combo 0.12 USD SMART 14:42:03 OptTrader 2.17 null
     
    #611     Oct 4, 2012
  2. i was smart enought to quickly step aside on this one.. got the itch..

    + SLD 1 AAPL OCT 05 '12 + (1) 665 + (1) 680 - (2) 670 Call Combo 0.15 USD SMART 14:58:41 OptTrader 2.17 null

    i'm just going to watch this one.. if it settled tommorrow at 670 ... it would put this spread near 5 bucks from .12 cents.
     
    #612     Oct 4, 2012
  3. haha holy fuck.. with out thinkin i just open and closed a butterfly in one day.. boom PDTed.. fml..
     
    #613     Oct 4, 2012
  4. this is what i was trying to pull off.. i fucking pussied out cause i started to think it might rally.. as i usually do when i am in a trade.. i start to worry like a bitch.. gotta break that habit.. with my account i need to set it and forget it for at least a day anyways because of PDT..

    <a target='_blank' title='ImageShack - Image And Video Hosting' href='http://imageshack.us/photo/my-images/233/brokenwingaaplopex.png/'><img src='http://imageshack.us/a/img233/2307/brokenwingaaplopex.png' border='0'/></a><br>Uploaded with <a target='_blank' href='http://imageshack.us'>ImageShack.us</a>
     
    #614     Oct 4, 2012
  5. + BOT 1 AAPL OCT 05 '12 - 645 + 650 Put Bear Spread 0.50 USD SMART 12:20:58 3.02 null


    closed... note to sell.. close down credit spread when 80% in profit..
    made .30 cents..
     
    #615     Oct 5, 2012
  6. AAPL NOV's vola is a short now, imo
    Good candidate for reverse gamma scalping.
    Same for UTX
     
    #616     Oct 6, 2012
  7. Sell Nov otm buy closer to the money Oct in ratio... big pay off
    How would you express this view.. be specific"!!!!
     
    #617     Oct 6, 2012
  8. Depends on your risk tolerance
    Aggressive: short ATM straddle
    Conservative: sell ATM , buy wings
    All NOV
     
    #618     Oct 6, 2012
  9. Lotta margin on a time fly
    nov body(straddle) long octwings (strangle)

    Could fly in one series against fly in other.. different widths per the gamma risk you want...
     
    #619     Oct 6, 2012

  10. OT, dear atticus my little bro:


    Hey iv, no op misses you!
     
    #620     Oct 6, 2012
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