TRYKtrading.

Discussion in 'Journals' started by BostonTrader339, Jun 15, 2009.

  1. B10000MGA@36
    B100JUL40C@1.00
    B100JUL40P@4.00
    S200JUN35C@1.75
     
  2. veshie

    veshie

    I am`modeling the position in thinkorswim, and I see that the open interest on the July 40 put is only 43 contracts?
     
  3. pending.
    the options won't fill.
     
  4. veshie

    veshie

    Yeah, I think so, as the gains would be around 6,000 with the prices you are looking for. The straddle looks to be around 5.60 midpoint.
     
  5. it will trade in a tight range now that the news has settled down.
    i made my trade on this last week, i may wait it out, but on any pullback, MGA is a buy.
    next resistance level is 62, 200DMA is 67. that's a massive upside 3-6 months out.
    so the SEP or DEC calls and puts is prob a better play.
     
  6. veshie

    veshie

    Lucky, the position is down quite a lot.
     
  7. S10000@39.49
    +31300

    the options were cancelled.
    not bad for a few hours' work.
     
  8. veshie

    veshie

    Good job. Yeah, that June 35 call is up $55,000 on 200 contracts, so that would have been painful. Why did you want to sell 200 of the June 35 calls if you were bullish?
     
  9. B10JULWHEAT@572.50
    B10JULSOY@405.50
    S10MINIGOLD@937.60
    S10MINIEURO@1.3890
     
  10. 061209
    S10000POT@116.88
    TODAY
    B20000POT@110.44
    LONG 10000
     
    #10     Jun 16, 2009