Out all at 65.50. +0.50 but essentially a scratch. Longs signaled, but will sit on existing long deltas.
Long the SPX Dec monthly 1100/1200 risk-reversal from 3.00 to the sell. 3-lot. Marked to 3.20CR mid. Small credit due to delta-position. Looking for an 8-point gain. 1165 SPX last.
You are selling put or buying it? I see the call over. So you must have sold the put... but just confirming. Does this mean you are bullish as your other positions in this thread are long delta as well?
I just closed it at a scratch. Vols have come in a little on synthetic (time) due to the holiday. Out at 3.00. Yes, the opening trade was long the call and short the put.
It happens. I had one fly on: SPY Dec 114 134 callfly. I cut the 124's and the delta equivalent of the 114s. This fly was my biggest position (100% notional). I have the same delta, but took some premium off the table and now stay long convexity if we rally hard. So a smaller position with a cleaner risk profile. Interestingly the same timevalue as the original position.