botpro (p)

Discussion in 'Journals' started by botpro, Mar 14, 2016.

  1. botpro

    botpro

    4th pos:
    Underlying: MDLZ (Mondelez International Inc), SpotAtEOD=42.24 HV3months=33.8%
    Options: Exp=2016-Jun-17, Type=Call, Strike=46, FillPrice=0.67, Contracts=300 --> Value=20,100
    "46.00 0.69 +0.04 0.63 0.69 7 4804" (@ google)

    (HV3months = Historical vola over the last 3 months)
     
    Last edited: Mar 15, 2016
    #21     Mar 15, 2016
  2. botpro

    botpro

    5th pos:
    Underlying: JPM (JPMorgan Chase & Co.), SpotAtEOD=59.09 HV3m=34.6%
    Options: Exp=2016-May-20, Type=Call, Strike=65, FillPrice=0.30, Contracts=700 --> Value=21,000
    "65.00 0.30 -0.06 0.28 0.33 58 5828" (@ google)

    Rmks: SpotAtEOD at yahoo is 59.12
     
    #22     Mar 15, 2016
  3. botpro

    botpro

    I need at least 10 positions; still 5 to go... The rest I'll do tomorrow...
     
    #23     Mar 15, 2016
  4. eganon69

    eganon69


    A discussion of what you see and why would be GREAT. I think many people on ET including myself would definitely short this one. No way would I go long on JPM here.
     
    #24     Mar 15, 2016
  5. d08

    d08

    So the volume for the day was 7 contracts but your paper trading system took 300.
    Oh man, once you start trading for real, things will get very interesting for you.
     
    #25     Mar 15, 2016
    VPhantom and lucysparabola like this.
  6. NoBias

    NoBias

    Not flaming, no desire to pollute a structured journal, but I do not understand why delayed data is used, especially if one has access to a real time simulator.

    If followers do not have access to real time simulator, then that individual "could" reference a delayed feed, but as the baseline, makes zero sense not to use real time...
     
    #26     Mar 15, 2016
  7. newwurldmn

    newwurldmn

    Why not just use simulated gbm data? I thought it was just as good.
     
    #27     Mar 15, 2016
    promagma and d08 like this.
  8. I think the volumes have to be realistic as pointed out above. Also, the historical volatility is not relevant here but the implied volatility. You should post the IV of each option that you sare entering into which is the greatest factor affecting the price.
     
    #28     Mar 15, 2016
  9. samuel11

    samuel11

    hey numbnut, how did you like selling a put on vrx? You enjoying that move this Morning?

    That's a real example of what we have been telling you for weeks.
     
    #29     Mar 15, 2016
  10. eganon69

    eganon69

    Oh boy,... Ok. Just noticed this. My ability to learn anything from this Urinal has taken a huge hit. Thanks for posting. I'll move along now.
     
    #30     Mar 15, 2016