My option trades

Discussion in 'Options' started by ryanpatrick, Nov 21, 2011.

  1. Thanks. ATM vol is still at the 44-line, so the wings must be heating up.

    Edit: 5.80 mid in that fly.
     
    #1701     Apr 24, 2012
  2. That's what I did, this is the graph come friday.
    [​IMG]

    I am nervous about it moving more than 10% but I'm still in so we'll see what happens.
     
    #1702     Apr 24, 2012
  3. BIDU just fell 10%... good devil!
     
    #1703     Apr 24, 2012
  4. 586. We'll see how it looks in the morning.
     
    #1704     Apr 24, 2012

  5. 590 touched.
     
    #1705     Apr 24, 2012
  6. Doobs789

    Doobs789

    Yeah, should be interesting to see where the ATM May vol is tomorrow. Your fly/strangle should look nice if it hangs around the 590 level.
     
    #1706     Apr 24, 2012
  7. I had a biased put condor way below for a tiny $1.56 debit.

    But i also had a straight call vertical... even with the IV drop, it'll net me handsomely tomorrow morning...

    i can sleep LOL
     
    #1707     Apr 24, 2012
  8. I only sold that due to my upside fly. Now not looking so great. I'll be happy with any open <$600. A bit surprised with the reaction considering their fwd look and the miss on some hardware lines (top-line).
     
    #1708     Apr 24, 2012
  9. Doobs789

    Doobs789

    Yeah, it needs to simmer down a bit now.
     
    #1709     Apr 24, 2012
  10. Out of the fly at 7.00. Remain in the strangle.
     
    #1710     Apr 25, 2012