The Nasdaq fly (#339) closed at market open today, which was fortunate as Nasdaq rose 2% shortly afterwards. Trade date: 03 January 2023 Security: NQ Price at opening: 10,810.6 Implied Vol: 35.6% Direction: PUT Expiry date: 06 January 2023 Strikes: 10525 / 10800 / 11075 Structure: 1 / 2 / 1 Opening Spread: 72.00 Close date: 06 January 2023 Trade duration: 2 Closing spread: 108.00 Profit / (Loss): 36.00 Profit / (Loss): 50.0% nb S&P500 also rose c.2% today so the ES Fly is underwater.
Opened a calendar position on Nasdaq today. First Calendar spread since October. Trade date: 09 January 2023 Security: NDX Price at opening: 11171.7 Direction: Put Expiry date (short side): 13 January 2023 Implied Vol (short side) 37.5% Expiry date (long side): 17 January 2023 Implied Vol (long side) 28.6% Strikes: 11270 Opening Spread: 11.44
I had a target exit at 34 on the Nasdaq calendar. As Nasdaq rose on open today, I brought closing orders in and still took a decent profit. Trade date: 09 January 2023 Security: NDX Price at opening: 11171.7 Direction: Put Expiry date (short side): 13 January 2023 Implied Vol (short side) 37.5% Expiry date (long side): 17 January 2023 Implied Vol (long side) 28.6% Strikes: 11270 Opening Spread: 11.44 Close date: 13 January 2023 Trade duration: 4 Closing spread: 25.30 Profit / (Loss): 13.86 Profit / (Loss): 121.2%
Not the greatest set-up but opened a fly on Nasdaq. Trade date: 17 January 2023 Security: NQ Price at opening: 11,596.0 Implied Vol: 22.3% Direction: PUT Expiry date: 20 January 2023 Strikes: 11400 / 11600 / 11800 Structure: 1 / 2 / 1 Opening Spread: 59.50
With Nasdaq below the body yesterday, I decided to close the fly at a loss, rather than let it run. Trade date: 17 January 2023 Security: NQ Price at opening: 11,596.0 Implied Vol: 22.3% Direction: PUT Expiry date: 20 January 2023 Strikes: 11400 / 11600 / 11800 Structure: 1 / 2 / 1 Opening Spread: 59.50 Close date: 19 January 2023 Trade duration: 2 Closing spread: 37.8 Profit / (Loss): (21.8) Profit / (Loss): -36.6% I'll probably put on some vertical spreads later today, but might not be able to add them to the journal today.
Made a small profit on Nasdaq yesterday. BtC orders filled same day. Trade date: 24 January 2023 Security: NQ Price at opening: 11,834.00 Structure: OtM Put Credit Spread Expiry date: 30 January 2023 Strikes: 11610 / 11660 Opening Spread: 9.75 Close date: 24 January 2023 Trade duration: 0 Closing spread: 7.75 Profit / (Loss): 2.00 Profit / (Loss): 5.0%
Opened a couple of verticals yesterday in Russell2000 and cable. Trade date: 30 January 2023 Security: RUT Price at opening: 1,905.00 Structure: ItM/AtM Call Debit Spread Expiry date: 03 February 2023 Strikes: 1865 / 1910 Opening Spread: 27.90 Trade date: 30 January 2023 Security: GBP Price at opening: 1.2392 Direction: OtM Put Credit Spread Expiry date: 03 February 2023 Strikes: 1.2275 / 1.2375 Opening Spread: 0.0036
Change of direction on GBPUSD for me so I took this off earlier today at a loss. Trade date: 30 January 2023 Security: GBP Price at opening: 1.2392 Direction: OtM Put Credit Spread Expiry date: 03 February 2023 Strikes: 1.2275 / 1.2375 Opening Spread: 0.0036 Close date: 31 January 2023 Trade duration: 1 Closing spread: 0.0055 Profit / (Loss) -0.0019 Profit / (Loss) -29.7% But added a fly position on Nasdaq, expiring on Friday. Trade date: 31 January 2023 Security: NQ Price at opening: 12,060.8 Implied Vol: 42.2% Direction: PUT Expiry date: 03 February 2023 Strikes: 11700 / 12050 / 12400 Structure: 1 / 2 / 1 Opening Spread: 91.00
Closing orders for the Russell2000 spread filled today in profit. Trade date: 30 January 2023 Security: RUT Price at opening: 1,905.00 Structure: ItM/AtM Call Debit Spread Expiry date: 03 February 2023 Strikes: 1865 / 1910 Opening Spread: 27.90 Close date: 01 February 2023 Trade duration: 2 Closing spread: 40.50 Profit / (Loss): 12.60 Profit / (Loss): 45.2%
Added a 121 Fly on Russell 2000 early today for expiry on Friday. Trade date: 01 February 2023 Security: RUT Price at opening: 1,921.9 Implied Vol: 41.0% Direction: PUT Expiry date: 03 February 2023 Strikes: 1870 / 1920 / 1970 Structure: 1 / 2 / 1 Opening Spread: 14.10