SPY Short iron condor expiring Dec 17 with $5 wide wings; nearly an iron butterfly. directional assumption: flat to slightly down mildly short vega/delta. long theta. gamma-neutral.
trade 2: IWM short iron butterfly, expiring 12/17/21, wing width $5. directional assumption: slightly down. highest RSI since June.
I don't believe I will manage the iron condors or the calendar spread. I will probably close at 10-15 DTE, or if the underlying makes a big move in either direction. I do like to manage diagonals by rolling the short leg, and may do so on this one. But, I'm open to suggestions!
Trade 5: Bear Call credit spread on SPY, 23 DTE. Short vega - expecting IV to calm down after today's spike (VIX to 19), so if SPY rises and vol drops, I will be somewhat protected. If SPY keeps falling & vol rises, I am strongly short delta, so I still win.
No, google sheets. However, I implemented a black scholars tool using google apps script, kind of like Visual Basic for excel. However, apps script is just JavaScript. Thanks for the feedback. I will exit some of these trades soon
Very impressive. I have never seen options analysis this detailed in Google sheets. It seems ready to replace Excel. Can you take a quick peek at Hoadley Tools and determine if all those features can be implemented in sheets? Is the performance without hiccups? https://www.hoadley.net/options/options.htm