Search results

Similar question: what happened with RIMM options? TradeMonster paper account just sold/bought them at $0.00.

Ok, one last try, as this thread looks stupid enough. Paper account reseted to $100k. New trades: Buy 1 AAPL Feb-8-13 435 Put Buy 31 BAC Feb-8-13 11.5 Call Buy 2 BIDU Feb-8-13 110/115 Put Vertical Buy 15 C Feb-8-13 42.5 Call Buy 50 F Feb-8-13 13 Call Buy 4 FB Feb-8-13 27/28.5 Call Vertical...

Hahaha! RIMM changed its name to BBRY and my options were sold and bought for $0.00, costing me virtual $-1k. I hope in real life it worked better for options holders, but I'm not going to put up with this idiotic tradeMonster platform any more, so I will open paper account at thinkorswim and...

Ok, I did some more test and they confirm what you're saying. Didn't see it before - basically short strike is too far and therefore too cheap to mean anything. Thanks, it all makes sense now.

I'm confused as well. Add the fact that I'm just starting options, and posts don't make sense. Here is how I understand it: Values of IV (107 & 79) come from tradeMonster app and are calculated according to Black-Scholes. When I started experimenting with options, I noticed that buying an...

I have a question for more experienced traders: RIMM put options, expiring in 7 days: Strike 10.5: bid at 0.05, bid iv: 107% Strike 13: ask at 0.54, ask iv: 79% Why is no one buying 13 and selling 10.5? From my early experiments with option pricing I learnt that this 'volatility arbitrage'...

Ok, first week ended with a loss of -1.9%. Markets moved -2.32% against me on average. Too early to say if my model is working as it didn't have a chance to kick in yet.

I'm starting to close my positions. New trades for the next week: Buy 11 RIMM Feb-8-13 12/13.5 Call Vertical Buy 3 AAPL Feb-8-13 435 Put Buy 3 BIDU Feb-8-13 110/115 Put Vertical Buy 40 C Feb-8-13 43/44 Call Vertical Buy 5 F Feb-8-13 13 Call Buy 8 FB Feb-8-13 29/31 Call Vertical Buy 30 FXE...

Finally a profitable day. Profit on a account today +1.20%. Funny thing is, markets moved -0.68% against me on average. With futures this would be -2.38% loss on a account.

I closed RIMM again with a small loss ( ~ $100). I will not open any new positions on this until Friday. SLV is going fine, finally I might make some virtual money.

Another bad day. Wow, nice beginning. Good thing is, that trading options I've lost only -0.32% today, despite trading with about 4:1 lev. On average markets moved -0.73% against me. I wonder what will happen if and when market move my way.

I had to close RIMM spread again, at this prices my model showed no profitability. I opened a new one: Buy 6 RIMM Feb-1-13 14/15.5 Call Vertical

Yes and no, that's the problem. Direction is decided upon range of trend following systems and this is backtested. When it comes to options, I plug in current numbers (volatility, days to expiration, distance to strike) to my model and look what would have happened if I bought only such...

I closed RIMM 16/18 call spread, as there was no point to keep it. Total loss for the trade is about -370. I opened another: Buy 7 RIMM Feb-1-13 15/16.5 Call Vertical

Last trade for this week: Buy 8 FXE Feb-22-13 133 Call

Another trade: Buy 40 SLV Feb-1-13 30.5 Call

Ok, I messed up auto-execution thing and had to start from scratch. I'm starting again with virtual $100k. Here are my trades done today: Buy 1 Feb-1-13 AAPL 445 Put Buy 38 Feb-1-13 BAC 11.5 Call Buy 4 Feb-1-13 BIDU 110 Put Buy 2 C Feb-1-13 43 Call Buy 2 F Feb-8-13 13 Call Buy 5 FB...

Some single options trades: Buy 5 S Feb-22-13 5.5 Put @0.1 Buy 2 BAC Jan-25-13 11 Call @0.22 S option is not weekly, so I guess thread title needs to be updated. My logic is to buy undervalued options. Sometimes I will also sell other undervalued options just to finance the buying. At the...

Not too many trades this Friday: Buy 1 NDX Jan-25-13 2800/2850 Call vertical @2.85 Buy 10 SPX Jan-25-13 1430/1440 Call vertical @0.35 Buy 15 FB Jan-25-13 31/32 Call vertical @0.18 Buy 30 F Jan-25-13 14/14.5 Call vertical @0.18 Buy 13 C Jan-25-13 42/43 Call vertical @0.23 Buy 4 BIDU...

Funny thing happened during the night. Market value of my AAPL position was over $1k negative (it should be in profit and actually it is now). The thing is, this is a spread with max loss equal to the price at which it was bought. I believe, the negative value was calculated from current bid/ask...