The Russell 2000 had a relatively uneventful week so far, closing today just beneath the body of this trade so the Call position from Monday closed in profit earlier today. Trade date: 09 August 2021 Security: RUT Price at opening: 2247 Direction: Call Expiry date: 11 August 2021 Strikes: 2210 / 2260 / 2285 Structure: 1 / 3 / 2 Opening Spread: 15.90 Close date: 11 August 2021 Trade duration: 2 Closing spread: 24.00 Profit / (Loss) 8.10 Profit / (Loss) 50.9%
Good spot @samuel11 I can't edit the post now, but opening prices in #30 last night should have been USD66.94 for the oil future and 15,066 for Nasdaq. All other info was correct.
when does the Russell ever have an eventful week? The $222 triplicity-two body sale has been the terminal pin for the last few months.
A disastrous end to the week! Netflix was OtM all week, then rose on Friday sufficiently for me to bring closing orders down and recapture most of my money. This was luck rather than good trading. Nasdaq moved in the right direction initially, with first closing orders filled same day (per post #30), then moved away. DAX was a speculative trade following the sell off in July, so was always going to be binary in outcome. As markets obviously recovered since, I probably should have closed this one earlier at a lower loss. Trade date: 19 July 2021 Security: DAX Price at opening: 15220 Direction: Put Expiry date: 13 August 2021 Strikes: 14650 / 15000 / 15350 Structure: 1 / 2 / 1 Opening Spread: 45.42 Close date: 13 August 2021 Trade duration: 25 Closing spread: 0.00 Profit / (Loss): -45.42 Profit / (Loss): -100.0% Trade date: 06 August 2021 Security: NFLX Price at opening: 523 Direction: Call Expiry date: 13 August 2021 Strikes: 512.5 / 527.5 / 535 Structure: 1 / 3 / 2 Opening Spread: 4.71 Close date: 13 August 2021 Trade duration: 7 Closing spread: 4.48 Profit / (Loss): -0.23 Profit / (Loss): -4.9% Trade date: 11 August 2021 Security: NDX Price at opening: 15066 Direction: Put Expiry date: 13 August 2021 Strikes: 14830 / 15010 / 15100 Structure: 1 / 3 / 2 Opening Spread: 53.45 Close date: 13 August 2021 Trade duration: 2 Closing spread: 31.00 Profit / (Loss): -22.45 Profit / (Loss): -42.0% Trade date: 11 August 2021 Security: ADBE Price at opening: 623 Direction: Put Expiry date: 13 August 2021 Strikes: 615 / 620 / 630 Structure: 2 / 3 / 1 Opening Spread: 3.19 Close date: 13 August 2021 Trade duration: 2 Closing spread: 0.00 Profit / (Loss): -3.19 Profit / (Loss): -100.0%
A little frustrating, but I've not traded RUT put flies last week and this week to avoid going overweight RUT on the short side given existing put fly expiring on Friday (#8). With the benefit of hindsight both would have closed at a profit. Ignored that concern and popped a short position on FTSE with this today: Trade date: 17 August 2021 Security: FTSE Price at opening: 7136 Direction: Put Expiry date: 20 August 2021 Strikes: 7050 / 7100 / 7200 Structure: 2 / 3 / 1 Opening Spread: 24.10 This is in addition to the highly speculative existing short FTSE position (#18)
Placed a trade on DAX yesterday: Trade date: 18 August 2021 Security: DAX Price at opening: 15903 Direction: Put Expiry date: 20 August 2021 Strikes: 15700 / 15800 / 15900 Structure: 1 / 2 / 1 Opening Spread: 16.50 Both the FTSE trade (#36) and this one have been partially closed with initial outlay returned so remaining position is 'free'. I'll put closing details on here once the positions have fully closed.
RUT Put Fly from end of July filled on opening today, at a nice profit. I need a few more like this to offset some of the total losses reported already. Trade date: 26 July 2021 Security: RUT Price at opening: 2214 Direction: Put Expiry date: 19 August 2021 Strikes: 2050 / 2100 / 2150 Structure: 1 / 2 / 1 Opening Spread: 3.90 Close date: 19 August 2021 Trade duration: 24 Closing spread: 14.25 Profit / (Loss): 10.35 Profit / (Loss): 265.4%
A couple of expiries in UK and German markets today. The speculative 6775/6800/6825 FTSE Put Fly (#18) closed OtM for a total loss. FTSE and DAX flies put on this week closed at a profit. Trade date: 17 August 2021 Security: FTSE Price at opening: 7136 Direction: Put Expiry date: 20 August 2021 Strikes: 7050 / 7100 / 7200 Structure: 2 / 3 / 1 Opening Spread: 24.10 Close date: 18 August 2021 Trade duration: 1 Closing spread: 30.40 Profit / (Loss): 6.30 Profit / (Loss): 26.1% Trade date: 18 August 2021 Security: DAX Price at opening: 15903 Direction: Put Expiry date: 20 August 2021 Strikes: 15700 / 15800 / 15900 Structure: 1 / 2 / 1 Opening Spread: 16.50 Close date: 20 August 2021 Trade duration: 2 Closing spread: 22.10 Profit / (Loss): 5.60 Profit / (Loss): 33.9%
I generally don't make adjustments but oil dropped faster than I had anticipated so I've rolled the Put fly expiring next week down, and crystallised a profit on the first trade. Trade date: 11 August 2021 Security: CL Price at opening: 66.94 Direction: Put Expiry date: 27 August 2021 Strikes: 62 / 65 / 67.75 Structure: 1 / 2 / 1 Opening Spread: 0.42 Close date: 20 August 2021 Trade duration: 9 Closing spread: 0.72 Profit / (Loss): 0.30 Profit / (Loss): 71.4% It has been replaced with this: Trade date: 20 August 2021 Security: CL Price at opening: 63.34 Direction: Put Expiry date: 27 August 2021 Strikes: 61 / 63 / 66 Structure: 1 / 2 / 1 Opening Spread: 1.03