Opened a short position on SPX - not directionally-driven. Trade date: 23 November 2021 Security: SPX Price at opening: 4699 Direction: Put Expiry date: 26 November 2021 Strikes: 4605 / 4630 / 4655 Structure: 1 / 2 / 1 Opening Spread: 2.20 nb The Nasdaq position opened yesterday is almost worthless today, so it can remain open in case of an unexpected rally tomorrow.
Predictably, given that it was the first trade that I've published, the NDX spread looks like it will expire for nothing, or a total loss. The S&P500 put fly closed earlier today at a comfortable profit, given that it was opened yesterday. Trade date: 23 November 2021 Security: SPX Price at opening: 4699 Direction: Put Expiry date: 26 November 2021 Strikes: 4605 / 4630 / 4655 Structure: 1 / 2 / 1 Opening Spread: 2.20 Close date: 24 November 2021 Trade duration: 1 Closing spread: 2.95 Profit / (Loss): 0.75 Profit / (Loss): 34.1%
A couple of directionally-driven trades today, per the thread title. Trade date: 29 November 2021 Security: RUT Price at opening: 2244 Direction: Put Expiry date: 01 December 2021 Strikes: 2175 / 2215 / 2255 Structure: 1 / 2 / 1 Opening Spread: 7.5 Trade date: 29 November 2021 Security: SPX Price at opening: 4623 Direction: Put Expiry date: 01 December 2021 Strikes: 4540 / 4858 / 4630 Structure: 1 / 2 / 1 Opening Spread: 5.6
The RUT position closed in profit yesterday. Trade date: 29 November 2021 Security: RUT Price at opening: 2244 Direction: Put Expiry date: 01 December 2021 Strikes: 2175 / 2215 / 2255 Structure: 1 / 2 / 1 Opening Spread: 7.50 Close date: 29 November 2021 Trade duration: 0 Closing spread: 8.75 Profit / (Loss): 1.25 Profit / (Loss): 16.7%
I have learned that I do not have sufficient aptitude to predict movement in vol - and take my hat off to those that can - but I have a range in mind that I expect vol to remain within.
Closed the S&P500 Put Fly from yesterday at a profit. Trade date: 29 November 2021 Security: SPX Price at opening: 4623 Direction: Put Expiry date: 01 December 2021 Strikes: 4540 / 4858 / 4630 Structure: 1 / 2 / 1 Opening Spread: 5.60 Close date: 30 November 2021 Trade duration: 1 Closing spread: 7.45 Profit / (Loss): 1.85 Profit / (Loss): 33.0%
..and opened another for expiring on Friday. Trade date: 30 November 2021 Security: SPX Price at opening: 4573 Direction: Put Expiry date: 03 December 2021 Strikes: 4455 / 4495 / 4575 Structure: 2 / 3 / 1 Opening Spread: 9.75
Opened a Put Fly on Nasdaq. This wasn't a directional trade. Trade date: 01 December 2021 Security NQ Price at opening: 16354 Direction: Put Expiry date: 03 December 2021 Strikes: 16050 / 16160 / 16380 Structure: 2 / 3 / 1 Opening Spread: 25.20 I'll be travelling all day on Friday, so need to close this tomorrow if my closing orders are not filled.