Riskarb's combo to fly conversion journal

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

  1. not thinking of Apr/May cal...looking at April combo (buying) then converting in legs to b-fly

    edit...then again I could buy the April Straddle and once Mar exp is over sell the May if IV rises...but that I think is getting too complicated as well as risky
     
    #431     Mar 5, 2006
  2. April ? Why would April vols rise ?
     
    #432     Mar 5, 2006
  3. earnings....
     
    #433     Mar 5, 2006
  4. I am lost , Donna... CME always (so far) reported after 25th (this would be MAY ), April expiration are on 4/21 , why would you buy April ?
    Anyway , good luck with the trade.
     
    #434     Mar 5, 2006
  5. actually last year March quarter earnings were reported on April 26th so I'm just assuming it will be abt the same time. Thanks I'll take it slow:)
     
    #435     Mar 5, 2006
  6. excellent gamma scalping (long stock+put) on GOOG in the last month , price is moving 30% above standard div (using daily hi-lo).
    Riskarb , anything else good out there ?
     
    #436     Mar 8, 2006
  7. This is considerably off topic, but after following a great thread by Bolter on Market Profile I had a thought (scary, but true). I was wondering if anyone has noticed any correlation between cumulative volume/market profiles and likely expiration prices. Could this possibly help in choosing fly strikes?

    Cheers!
     
    #437     Mar 8, 2006
  8. Absolutely. Longer term MPs are great for strike selection.
     
    #438     Mar 8, 2006
  9. I am bull-delta in aapl70, goog360, isrg95, oih140, sox520, and a few others. Long about 3000d currently.
     
    #439     Mar 8, 2006
  10. What about SLB, it keeps popping up on my screen for teh short ITM straddle, which is bearish bias I guess. I am gonna look into it now but any thoughts your way on it? I mean APR.
     
    #440     Mar 8, 2006