Trajan's options journal

Discussion in 'Journals' started by Trajan, Jan 30, 2003.

  1. Trajan

    Trajan

    It seems kind of expensive. An earlier post had me bidding an equivalent .30 for it on Friday. By Itself, it would be better farther away from the strike if you expect volatility. If this moves tommorrow up .50, the spread will be worth less. Feb calls have higher delta than the march. I don't think it's worth more than the .30.

    Do you guys have Feb and March trading the same IVs right now?
     
    #61     Feb 4, 2003
  2. Trajan

    Trajan

    although if it goes down to 12.50 it would hold it's value.

    edited
     
    #62     Feb 4, 2003
  3. white17

    white17

    I have the feb 15's @ 60.2 and the mar 15's @ 55.38
     
    #63     Feb 4, 2003
  4. Trajan

    Trajan

    there is a little diffrence. OK, esignal had about the same.

    Your not gonna belive this but I may buy some march 17s for .10
     
    #64     Feb 4, 2003
  5. white17

    white17

    wait until I get on the ask.
     
    #65     Feb 4, 2003
  6. Trajan

    Trajan

    Ok, I need something to limited my isk to the upside to be able to sell calls. The only thing is I can't designate the exchange.
     
    #66     Feb 4, 2003
  7. white17

    white17

    are those your 20 cars ?
     
    #67     Feb 4, 2003
  8. Trajan

    Trajan

    yeah, did you sell em to me?

    And you know I'm a pussy, I only sold twenty of those feb 12 s at .60 when it sold down into 90s, ended up selling the other 12 at .55 on the bid.
     
    #68     Feb 4, 2003
  9. white17

    white17

    No it wasn't me. Guess I'm the pussy.
     
    #69     Feb 4, 2003
  10. Trajan

    Trajan

    Nah, your not a pussy.

    Interesting sign it may rally, the highest volume is on feb 12 puts
     
    #70     Feb 4, 2003