Earnings trades

Discussion in 'Options' started by IV_Trader, Jan 10, 2006.

  1. Anyone looking at an AAPL reverse calendar, was looking at the $85's, little over $2 spread between Feb and Jan
     
    #31     Jan 18, 2006
  2. closed YHOO with 60 cents profit.

    So far : 3 trades , 3 winners , 87c average profit per combo.

    Open positions :
    HTCH 30 Jan straddle (long)
    FFIV 55-60 Jan strangle (long)
     
    #32     Jan 18, 2006
  3. bought ADTN Feb 30p = 1.30
    bought ADTN Feb 30c=2.00

    ratio 20:13
     
    #33     Jan 18, 2006
  4. sold Feb AAPL 72.5-95 strangle for 2.20 .
     
    #34     Jan 18, 2006
  5. took EBAY reverse calendar:

    bought Jan 45 call (1.55)
    sold Feb 45 call (2.30)
     
    #35     Jan 18, 2006
  6. when you say reverse calendar am i to assume you mean are selling the time spread...

    just asking...not trying to be a smart ass

    btw...

    i bought the jan aapl 72.5 / 90 iron condor (+50cents)...see if it works
     
    #36     Jan 18, 2006
  7. in case of AAPL , I just sold naked Feb straddle...
    good luck with your trade
     
    #37     Jan 18, 2006
  8. back at ya...
     
    #38     Jan 18, 2006
  9.  
    #39     Jan 18, 2006
  10. Bought or sold?

    Long the wings, long theta, short vega, short gamma i.e. you want it to sit still and vols to collapse? If so, you must have sold the iron condor (for a credit).

    Otherwise, if you bought the IC, what was your reasoning/sentiment?

    Good luck either way.

    MoMoney.
     
    #40     Jan 18, 2006