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    Global Options Trades

    Bearish turn signal on FTSE 100, so sold Calls at a loss, bought Puts and sold OotM Bear credit spreads. Security / Ticker: FTSE Open Trade Date: 08 August 2019 Trade: Sell to Close Expiry Date: 20 September 2019 At the Money / Out of the Money: AtM Exercise Price: 7,275.00 Direction: Call...
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    Directional exposure with Futures, Vanilla Options, Risk Reversal, or Synthetic?

    Thanks @Real Money The Index spread is not something I had considered before so will do some research and modelling.
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    Directional exposure with Futures, Vanilla Options, Risk Reversal, or Synthetic?

    Thanks @Specterx . To answer your question, I'm more comfortable with direction than volatility. I'm fully aware that there is no free lunch - just wondering whether there is a better method of benefitting from price movement when I'm right, whilst limiting downside when I'm not, than AtM and...
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    Directional exposure with Futures, Vanilla Options, Risk Reversal, or Synthetic?

    Hi James, Good question. A long ItM Options would obviously have a higher entry cost than the AtM, which would impact P&L%, but would have intrinsic value immediately.
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    Directional exposure with Futures, Vanilla Options, Risk Reversal, or Synthetic?

    Been thinking through various permutations of directional exposure. I would be grateful for any steer from the seasoned guys on here. For context, my journal on here ( https://www.elitetrader.com/et/threads/global-options-trades.330518/ ) shows that I frequently take a directional position on...
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    Global Options Trades

    Took advantage of a slight dip in volatility (although at 16.2% this morning, its higher than I normally buy at) to buy a straddle in DAX 30. Security / Ticker: DAX Open Trade Date: 29 August 2019 Trade: Buy to Open Expiry Date: 20 October 2019 At the Money / Out of the Money...
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    Global Options Trades

    Took advantage of a dip in volatility to buy a straddle in AUDUSD. Security / Ticker: AUD Open Trade Date: 25 August 2019 Trade: Buy to Open Expiry Date: 08 November 2019 At the Money / Out of the Money: AtM Exercise Price: 0.6700 Direction: Straddle Opening Price: 0.0199
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    Is Credit Spread really profitable?

    Haven't considered your numbers, but assuming that you're not operating in one direction covered by another long position, your hypothesis didn't take the other side into account.
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    Bull call spread vs Straight Call

    Slightly repeating @Robert Morse, I trade long options for direction when I expect that the movement in price will exceed decay in time value, and that volatility will be similar when I come to sell the option prior to expiry. I also sell further-dated (6-month typically) Out-of-the-Money...
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    Global Options Trades

    Treasury Bonds gave a sell signal on Friday, so closed long position at a profit and bought puts. Security / Ticker: ZB Open Trade Date: 15 July 2019 Trade: Sell to Close Expiry Date: 23 August 2019 At the Money / Out of the Money: AtM Exercise Price: 155.00 Direction: Call Opening Price...
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    Global Options Trades

    AUS met all my conditions for a turnaround, so closed short position by selling puts at a profit. Security / Ticker: AUD Open Trade Date: 01 July 2019 Trade: Sell to Close Expiry Date: 09 August 2019 At the Money / Out of the Money: AtM Exercise Price: 0.6950 Direction: Put Opening Price...
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    Bull call spread vs Straight Call

    It depends on what your expectations of price and volatility are and what you're trying to achieve. You seem to have been asking variations of the same question for a couple of months and received plenty of informative replies...
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    Global Options Trades

    Following other indices, FTSE turned bullish at yesterday's close, so I sold puts at a good profit, bought calls, and sold Out of the Money spreads. Security / Ticker: FTSE Open Trade Date: 05 July 2019 Trade: Sell to Close Expiry Date: 16 August 2019 At the Money / Out of the...
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    Global Options Trades

    DAX 30 turned Bullish at yesterday's close so sold Puts at a profit, bought Calls, and sold Put Spreads. Directional Puts: Security / Ticker: DAX Open Trade Date: 05 July 2019 Trade: Sell to Close Expiry Date: 16 August 2019 At the Money / Out of the Money: AtM Exercise Price: 12,550...
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    Global Options Trades

    Closed Short position on S&P 500 at a profit. Security / Ticker: SPX Open Trade Date: 05 July 2019 Trade: Sell to Close Expiry Date: 16 August 2019 At the Money / Out of the Money: AtM Exercise Price: 2,980 Direction: Call Opening Price: 45.60 Close Trade Date: 06 August 2019 Closing Price...
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    Global Options Trades

    Took a long position on Nikkei 225 Index by buying Calls. Security / Ticker: N225 Open Trade Date: 06 August 2019 Trade: Buy to Open Expiry Date: 12 September 2019 At the Money / Out of the Money: AtM Exercise Price: 20,625 Direction: Call Opening Price: 440 Security / Ticker: N225 Open...
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    Global Options Trades

    Closed long oil position by selling Calls at a loss and will awiat a better re-entry. Security / Ticker: CL Open Trade Date: 30 July 2019 Trade: Sell to Close Expiry Date: 17 September 2019 At the Money / Out of the Money: AtM Exercise Price: 58.50 Direction: Call Opening Price: 2.17 Close...
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    Global Options Trades

    Closed short position on oil by selling Puts at a loss. Security / Ticker: CL Open Trade Date: 02 July 2019 Trade: Sell to Close Expiry Date: 15 August 2019 At the Money / Out of the Money: AtM Exercise Price: 56.50 Direction: Put Opening Price: 2.63 Close Trade Date: 30 July 2019 Closing...
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    Nikkei is getting ready for steep rise

    I'm not endorsing @SA Market Forecaster but have bought Nikkei225 today too (I use Call options, not futures). I take a different approach, putting trades into my journal on here for full transparency. With c.27 days trade duration for Nikkei225 anybody can easily track my performance, which...
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    Global Options Trades

    Closed Nikkei225 short position at a profit by buying Puts. Security / Ticker: N225 Open Trade Date: 08 July 2019 Trade: Sell to Close Expiry Date: 08 August 2019 At the Money / Out of the Money: AtM Exercise Price: 21,500.00 Direction: Put Opening Price: 275.94 Close Trade Date: 21 July...
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