Trajan's second option journal

Here is what I've done:

Sold ten of the 15c for .95 against which I bought 6 of the 12c for 3.10 and sold 10 of the 15p for .30. You can see right now that vol has popped, the stock is up .20 and so are the 15s, the puts are unchanged.

Sold 15 of the 17c for .15.

bought ten of the may 12c for 3.30 sold .83 stock. This is to free up capital and was done for a wash.

Bidding right now for 30 of the July 17c for .45

 

Right now, I'm long 1700 deltas. stocks running.

 

sold a five lot of the 15c for 1.15. Long 1300 deltas.

 

got five of the july 17s

 

sold 8 of the may 15c for 1.15

 

still long 800 here, up/down a point long 600/200

 

up/down 1.75, 200/-800

 

2 more july 17s, have a couple of orders out ther, a sell 5 of the 15c at 1.20 and a sell of 10 of 17c at .20

 

sold 5 of 15c for 1.20

 

bought ten of the jun15p .50 bought a 4 lot of the 15c for 3.4.

long 600 deltas based on a 45 IV, which is probably high.