Search results

OP perceives some pricing advantage to the trade. SPY goes ex-div. on Sept. 18. The div. payout for the short shares should be over 1.00.

Nice trade. Great timing.

Correction 555/557.5 bull call spread. Basis net of costs(215-155)x2=120. R/R = 120/380. IMO, FF your timing is good, got a shot at this one. No target?

Sold 2 157.5 @ 1.55:mad:

Back in long 2 255C @ 2.15

Comms at IB 1st 2 contracts @ 1.58 2nd 2 @ 1.59 =3.17. Comms on exit buy back shorts @ 1.58 sell longs @ .09 (go figure) Total comms 4.84

I'm out +40 gross. Keep an eye on it. Better opps down the road.

Costs thus far $3.17. Will try to box out if given the opp. FF, your spec may very well outperform, but this is the way I trade.

short 2 560C @ 1.20 R/R 60/440 net of costs

long 2 557.5C @ 1.50

Looks like a good week for the spec.

Nice going, OP.:)

This is all I could find. One of the funniest and most talked about SNL sketches at the time. www.youtube.com/embed/aZsOyO_lXD8?rel=0"

Yeah, I dig it too. I'll be travelling more next year, so the lower prices mean the difference between about 40 and 25 bucks for 1/2 tank. I got some RE renovation to do as well, and I'm hoping that gets cheaper. Deferred maintenance, I believe it is called. :rolleyes: Really, prices for most...

Seriously, I trade CL every day. I am now a day trader. More by default than choice, the swing trades were sucking. DTing is going good. A few weeks ago with oil in the high 60s, a fellow trader said that the Saudis wanted 60 to drive out marginal producers and reduce supply. The subsequent...

Who gives a frack.

You do realize that this is a discussion based on the parameters posed in the OP? It is not an actual trade. What the realized prices (fills) and costs would be, depends on how the position is acquired(order entry). Why don't you give an example, attaining similar P/L parameters, using a debit...

OK, I'm putting down the crack pipe while posting. The idea was good, but the examples were pure crap. So, let's try BABA Dec. 20 (2 weeks) 106/107 call debit for -.60 and a 116/117 call debit for -.10 (I'm using stale yahoo quotes from Friday, prices are approx midpoint. ) P/L -10% L=-.70...

So, yeah using BABA - no div. - at 107.90. Dec. 20 expiry. Sell 104/105 call credit spread for +.65. Buy 3 117/118 call debit spreads 3x.10=.30 debit. Below 104 P/L = -.35 From 105 to 117 = +.35 Above 118= +3.35. +/- 10% looks better than OP's trade.

Ach, donnap. Bad example. The div's going to wreak havoc on that trade, except at max. loss. I gotta go out now, but could post a better example this evening. Hopefully, though, you get the idea.