I think it is great to have a forum for all the option traders posting their strategies and PnL. If no one is interested to post his/her PnL, this one will then be my journal. I just set up an account with TOS to test new option strategies. This is not the only account for my option plays, but I will only post the result of this account. My current position is: 10/18: bto rut nov 730P/jan 690P at a debit of 2.4 10/20: bto rut nov 810C/dec 840C at a credit of 0.2 10/20: bto rut nov 810C/820C vertical at a credit of 0.6 10/20: bto rut nov 720P/710P at a credit of 0.95.
Great! I personally appreciate all option related journals. They're always educational and fun to watch. Looking forward to this one as well. Thank you.
Hybone, You are right. The correction here with no of contracts. 10/18: bto rut nov 730P/jan 690P at a debit of 2.4 x 3 10/20: bto rut nov 810C/dec 840C at a credit of 0.2 x 3 10/20: sto rut nov 810C/820C vertical at a credit of 0.6 x 6 10/20: sto rut nov 720P/710P at a credit of 0.95. x 6
btc nov 720/710 Put @ 0.15 debit. sto dec 720/710 Put @ 1.1 credit I have all my nov ICs covered, with nov diagaonal remaining.
Yip, Am I missing a long leg on this vertical/diagonal? If not, how are you dealing with the huge margin required on a RUT naked call? TIA.