Riskarb's combo to fly conversion journal

Discussion in 'Journals' started by riskarb, Jan 12, 2006.

  1. fader

    fader


    which software/broker produces this screen? thx
     
    #251     Feb 2, 2006
  2. If I am understanding you correctly I agree. The straddles I am selling are based on some sort of expectancy of what the stock and the vol is going to do. My reasons may be different than riskarb's (assuming we both spoke the same language lol) but it is not about picking high IV stocks and selling straddles.

     
    #252     Feb 2, 2006
  3. ISRG busts a move afterhours...have to wait and see how much of it holds.
     
    #253     Feb 2, 2006
  4. ISRG reported good earnings and the stock is currently trading at $142 in the after hours after closing at $127 and change. I sold the $130 straddle for $21.70 so the IV will get sucked the hell out of this puppy for a nice one day return :).

    Of course I would need it to hang around this level in teh AH and before the market opens tomorrow so I can take advantage.

     
    #254     Feb 2, 2006
  5. congrats , couch !
    if price stays , you looking at 9$ per combo tomorrow with iv collapsing to upper 40th
     
    #255     Feb 2, 2006
  6. So now I am furniture.. LOL.

    OUCH, as of right now ISRG is trading at $125 in the aftermarket. Easy come ($142), easy go ($125)....

    EDIT: At 4:42PM the stock is at $133- someone is getting their ass handed to them in the AH lol.

     
    #256     Feb 2, 2006
  7. sorry about it , lol
     
    #257     Feb 2, 2006
  8. ISRG 110 handle, wow. That stock is a monster. Stock was just offered at 110, now 113.
     
    #258     Feb 2, 2006
  9. ISRG "miss"

    Co sees FY06 revs up 25-35% (roughly $284-307 mln) vs $308.53 mln Reuters consensus.
     
    #259     Feb 2, 2006
  10. Now at $117.... LOL...

    as long as IV gets sucked out at the open I will be happy :)

     
    #260     Feb 2, 2006