one/off

Out at 50.50 and 10.00 respectively. Net-gain of 21.30 per contract.

 

Well traded.

 

Thanks, but I should mention that I kept a few and will let them go until expiration. (3 lots of each fly).

 

Not unreasonable. One is marked close to zero, the other is generating a crazy amount of theta and you have a bearish bias (according to the macro tecnhical chart we all love to look at these das).

 

Marked at 26 and change.

 

I am also holding steady on my callspreds. I was still texas hedged slightly which I have reduced.

 

Out 1/3 of position at 27.25 average. +4.25. If possible, I'd like to hold the remainder into SET as it looks good here.

 

I am holding steady.

 

Yeah, as you should! I covered a portion to get it down to 6-7% of portfolio.

 

Taking profits isn't bad, but I do like the risk/reward here.

I have done mine in the spyders which is slightly annoying because I have an extra day where things can go wrong. But I am "in theory" being compensated for it.