How long $3000 will last option trading

Discussion in 'Journals' started by skanan, Nov 18, 2005.

  1. How long $3000 will last option trading?
    Depends on who's trading.
    Hope this helps
    nononsense
     
    #31     Dec 7, 2005
  2. nlslax

    nlslax

    It makes you wonder about some of the people with 1000's of posts. What % of their posts offer substance vs. just posting to add to their # of posts?
     
    #32     Dec 7, 2005
  3. Your question shows that you're not there yet! You must be a newbie.
    You obviously can't spot a nugget in a pile of crap.
    Keep on trying.
    :cool:
     
    #33     Dec 7, 2005
  4. nlslax

    nlslax

    I guess you're right.
    All I saw was a pile, no nuggets.
    :D
     
    #34     Dec 7, 2005
  5. skanan

    skanan

    I sold 1 1165/1175 SPX put spread for 45 cent today. This is same as what Phil sold on his journal.

    I bought 2 more spy put diag

    122 jan/123 feb 30 cent
    123 jan/124 feb 30 cent

    The 122/123 feb vertical credit spread was around 17 cent and 123/124 feb vertical credit spread was around 20 cent. The actual value of 123 jan/feb and 124 jan/feb calendar was around 50 cent.

    spy position summary:

    DEC -121 put
    DEC 119 put
    JAN 2x -124 put
    JAN -123 put
    JAN 121 put
    FEB 123 put
    FEB 122 put

    Delta 22, gamma -5.93, vega 1.77, theta 2.59
     
    #35     Dec 7, 2005
  6. I know. Just like I said.
    keep on trying slax
    :D
     
    #36     Dec 8, 2005
  7. skanan

    skanan

    I bought one spy 124 JAN/FEB Calendar today for 55 cent. If SPY drops back near 125 next week, I might sell 125/124 vertical put against it to have diag calendar.

    For Spy
    Total Delta 19, Gamma -6.7, Vega, 7.05, Theta 3.14
     
    #37     Dec 9, 2005
  8. skanan

    skanan

    Sold DEC 125/126 spy put spread for $0.35 credit.
     
    #38     Dec 12, 2005
  9. skanan

    skanan

    Sold SPY JAN IC 124/125 129/130 for $0.50 credit.

    Bought SPY 126 for DEC $1.40 right after the FED announce the rate hike. I paid about 10 cent for time value.
     
    #39     Dec 13, 2005
  10. skanan

    skanan

    Total SPY summary:

    Delta 187, gamma, -7, vega, -45, theta 13.42
     
    #40     Dec 13, 2005