Options Journal

Discussion in 'Journals' started by Doobs789, Jul 25, 2012.

  1. Doobs789

    Doobs789

    I've decided to start a journal tracking my current trades. I am short vol for the most part. With flies/cals being my bread and butter (short gamma). But I will include the occasional one-off trade.

    From 7/13:

    Long NDX AUG 2500/2600/2700 Fly @ 30.00

    And today, 7/25:

    Long RUT AUG 760/800/840 Fly @ 14.50
    Long POT AUG 44/47 Vert @ 1.15
    Long AMZN AUG 220 Straddle @ 18.15

    Also looking to get short SPX vol for the next week or two, perhaps via a slightly above ATM fly.
     
  2. Doobs789

    Doobs789

    -Closed the POT call spread @ 0.85 for a loss, so much for punting.

    -Will exit the AMZN straddle before market close, currently looking for any favorable earnings plays.

    -Holding onto the NDX and RUT flies (may add to them if the market weakens), being short index vol is favorable right now in my opinion.