Out at 18.07 for a 1.6% return on debit inc. commissions. This trade was just not performing to expectation. AMZN is significantly outperforming...
Don, you might find this recent thread helpful. The OP had a similar question: http://www.elitetrader.com/vb/showthread.php?s=&threadid=277656
Went ahead and closed for a .60 gain (2x theta) in a day, helped by a healthy vola drop today in the stock. 3.1% return on risk inc. commissions....
Absolutely sick. Congrats!
http://www.zerohedge.com/news/2013-09-24/tip-box-fed-made-it-possible-many-people-leak-it
Great to have you on the journal Soon, and good question. I think you hit on the key benefit for me, the added flexibility in managing the trade,...
Long two overlapping Oct4 TSLA flies: the 155/175/195 in puts from 8.61, and the 175/195/215 in calls from 6.81. Looking for the stock to be...
Thanks, DP. I saw that you have a very similar position on. Nice call on the VXX fly in your journal, looks like a big winner.
I think there is a surprising amount of "juice" left in near-dated BBRY options given the $9/share tentative buyout offer and that we already had...
Especially on spreads centered around the ATM strike with a little more distance between the body strikes, the skew might be able to help explain...
Long the AMZN Oct11 285/315/345 call fly from 17.71. VXAZN had a nice pop today, and I think the stock is showing some indecision on the daily...
Where did he claim that?
Donât let the perceived negative comments get you down, and realize that though you may misinterpret them folks here are sincerely trying to...
Happy to help. I had accidentally used 30 instead of 40 for the expiration profit calculation, so you are right, at expiration to achieve that...
I just looked up the passage in the book. It looks like they bought 80 LEAP contracts (each for 100 shares), at a 40 strike price, for a cost of...
Subscribed. Good luck!
Thanks, brother. It's good to be back. I've made a tremendous amount of progress on my sheets and trading plan the last few days and feel...
In the identical December position from .77. [img]
Took advantage of the VIX drop today to put on two long overlapping Jan14 flies: the 12/14/16 in puts, and 15/17/19 in calls, from .75 total. I...
It could be that the two spreadsheets in question did not normalize theta to a daily value: -1.6054 / 365 = -.0044
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