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BOT +1 STJ APR 06 50 CALL @4.00 CBOE, STJ MARK 50.80 I'm long premium on this one based on my bullish view on this stock. I'll sell call against it later.

SOLD -1 VERTICAL VLO 100 JAN 06 50/47.5 PUT @.50 ISE, VLO MARK 51.58 Reason: Pyramidding. I had one opened for $0.60. On VLO, now I have 2 50/47.5 credit put spread and 2 47.5/45 credit put spread. Total Delta on VLO is about 48. I looked at this chart...

All I can say is that I try to avoid doing stupid things. I can't say for sure about my longetivity since it's been about 4-5 months only. Thanks for your support though.

I determine to have +theta and +vega and try to limit my Delta not more than either +100 or -100. If my Delta is too high, I'll hedge it by openning new credit spread or use other means such as short/long stocks. For Theta, I want to maintain Theta more than 2, whenever it drops lower than...

Mo, I don't have stop loss. This trade is set to run till it end or I might take it out in last week. This is probably my 10th goog trade since the stock was $180. Had I simply bought stock, I could have earned more than doing all credit spreads. Thanks!

Mo Yes, those greeks are all my positions. I opened a new position so many times it's difficult to keep track. I applied TOS portfolio management style to just look at those greeks: After all of spy trades, here is my positions: At TOS +1 Jan 123 Put +1 Jan 124 Put -2 Jan 125 Put...

SOLD -1 VERTICAL SPY 100 JAN 06 125/124 PUT @.25 ISE, SPY MARK 125.78 Total: Delta 49 Gamma -20.36, Theta 6.87, Vega 15.5

SOLD -1 VERTICAL GOOG 100 JAN 06 400/390 PUT @1.35 ISE, GOOG MARK 424.32 Goog took a good drop today around $6. I think goog support is around $400. This is low reward high probability and high risk trade.

Thanks. If they were equity, I'm familiar with them and I took directional bet on them. For SPY and SPX, I listended to Coach Phil and you guys on SPX spread forum. The consensus seems to be uptrend so I only sell put spread. For this month on spy, I did a lot more diag put spread than...

Bought back ADCT for $1.65, ADCT Mark 22.75. Reason, ADCT got downgrade, my view does not change but I don't want to fight it. Also, the whole trade start being -Theta due to the 25 put was way in the money, and 22.5 was ATM. Lost $65 on this one. So, the total profit so far is...

At TOS, if the order is large enough, they use special guy to negotiate the fill price. It's not electronically executed. He does that for autotrade account for redoptions. It takes more than 10 minutes to do that. I believe if we have want the same credit and spread, we can ask TOS to do...

I have account with IB, TOS, and OX. Here is my experiment posted on http://finance.groups.yahoo.com/group/OptionClub/message/3148 In short, I don't recommend IB to trade SPX. When your limit order get scrolled through, if you cancel the order and put in a new one, you'll pay more on...

Bought SPY JAN/MAR 126 PUT Calendar for $1.3 Sold SPY 124/123 JAN Put for $0.20 SPY: Total Delta, 22.52, gamma -23.53, theta 2.88, vega 13.79

Donna, Thanks! You said that I have to have attitude to make money :-)

SOLD -1 VERTICAL BRCM 100 JAN 06 47.5/45 PUT @.85 ISE, BRCM MARK 47.49

How did you get $1.25/option. What commission fee schedule do you get ? Thanks,

These options expire worthless. 1. 1x TSO DEC 50/55 put spread for $1.60 credit. 2. 3x SPX DEC 1125/1135 put spread for $0.5 credit/contract. 3. 1x VLO DEC 85/90 put spread for $1.2 credit 2x VLO DEC 90/95 put spread for $1.35 credit/contract. 5. 1x SPY DEC 119/121 put spread...

SOLD 1 contract VERTICAL VLO JAN 06 50/47.5 PUT @.60, VLO MARK 52.30

Sold ADCT put spread 25/22.5 JAN for $1. This one the 25 put was about 70 cent in the money so I got only about 30 cent time premium in this one.

Close SPY DEC 126 call $2.00, I paid 1.40 on this one so profit is $60. Total Delta 12.8, Gamma -12.8, Theta 5.84, Vega 3.95. I need to hunt for more Theta now.