How long $3000 will last option trading

maybe the site should be able to generate a subtraction from the total for each new post based on number of people that have the poster on ignore? If their post count went into the negatives maybe they would take the hint.

 

Close SPY DEC 126 call $2.00, I paid 1.40 on this one so profit is $60.

Total Delta 12.8, Gamma -12.8, Theta 5.84, Vega 3.95.

I need to hunt for more Theta now.

 

How long $3000 will last option trading
:eek:


Do not ask this question.
You trade to make it last forever.
You are here to profit, not to lose.

 

Sold ADCT put spread 25/22.5 JAN for $1. This one the 25 put was about 70 cent in the money so I got only about 30 cent time premium in this one.

 

SOLD 1 contract VERTICAL VLO JAN 06 50/47.5 PUT @.60, VLO MARK 52.30

 

These options expire worthless.

1. 1x TSO DEC 50/55 put spread for $1.60 credit.

2. 3x SPX DEC 1125/1135 put spread for $0.5 credit/contract.

3. 1x VLO DEC 85/90 put spread for $1.2 credit

2x VLO DEC 90/95 put spread for $1.35 credit/contract.

5. 1x SPY DEC 119/121 put spread for $0.50 credit
[/B][/QUOTE]

So I made $160+$150+$120+$270+$50
= $750.

I had previous lost from OEX about $150 so now I'm $600 positive.

 

SOLD -1 VERTICAL BRCM 100 JAN 06 47.5/45 PUT @.85 ISE, BRCM MARK 47.49

 

nice!


I had previous lost from OEX about $150 so now I'm $600 positive. [/B][/QUOTE]

 

Donna,

Thanks! You said that I have to have attitude to make money

 

Bought SPY JAN/MAR 126 PUT Calendar for $1.3
Sold SPY 124/123 JAN Put for $0.20

SPY:
Total Delta, 22.52, gamma -23.53, theta 2.88, vega 13.79