Earnings trades

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

  1. bot the condor...bot wings sold call spread..sold put spread...

    sold 90/95 call...sold the 75/72.5 put

    sorry for the mixup
     
    #41     Jan 18, 2006
  2. looks like a good trade for both of us so far...
     
    #42     Jan 18, 2006
  3. closed AAPL for 1.30 , profit 90 cents per strangle
    closed HTCH puts for 1.90 , profit 70 cents per combo
     
    #43     Jan 19, 2006
  4. nice trade...time to let my position rot....

    did a similar trade in ebay...got lucky and bought my short 47.5 call in for a nickle before they took off....whew...rather be lucky than smart any day...:eek:
     
    #44     Jan 19, 2006
  5. I've run thru the pgs really quick and agree it should be in journals...quick 2 questions...how are you determining your ratio's of puts/calls? In general do you have an idea of when prior to earnings you will put the trade on? (is it iv dependent?) oh and #3 will you take both sides off after earnings or leg out? tia donna...Good luck

    edit...one more question:p what determines whether it will be a combo or strangle..thx!:)
     
    #45     Jan 19, 2006
  6. iv...i'll let you answer this one....

    i am completely unscientific as to how i do these...

    my ideas just come from staring at screens forever....
     
    #46     Jan 19, 2006
  7. hi Donna , the ratio is delta neutral , and I do adjustments while holding ( what I cannot do here).

    I entering when future vega gains > theta loss , where the future vols is my estimate ( but pretty accurate).

    unfortunately , its takes a lot of time to update posts , so I probably won't post anymore
     
    #47     Jan 19, 2006
  8. sold put , 1.05
    sold call , 2.35
    profit 55c per combo

    opened RC :

    long Jan 60c (2.30)
    short Feb 60c (3.80)
     
    #48     Jan 19, 2006
  9. closed at exp , just as expected : no change in the price (kept the Jan premium) and FEB vols kept on rising.

    http://www.ivolatility.com/options.j?ticker=CVTX:NASDAQ&R=1&period=6&chart=02&vct=4
     
    #49     Jan 21, 2006
  10. all trades are closed :

    10 trades
    8 winners
    2 break evens

    ave gain per combo=57c
     
    #50     Jan 21, 2006