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  1. M

    OCs Implied Volatility Trading Journal

    Coach, I have the following position on FFIV. FFIV is trading above my dev short strike 75. I am thinking about the following adjustment. Please let me your thoughts. Current price - 77.94 Close the calendar 2 - Dec 75/Apr. Buy 2 APr 80. It adjusts the delta to 12 It also...
  2. M

    OCs Implied Volatility Trading Journal

    Coach, Did you make any adjustments to FFIV and ISRG positions. When are you planning to sell Jan options (roll over)
  3. M

    OCs Implied Volatility Trading Journal

    Coach, The IV for ISRG is close to 52 week low. I am expecting IVs to pick up in mid Jan to around 60%. If IV goes up 1%, then the graph is above the zero line. it seems interesting. There will be another chance to sell the inflated premiums in Jan. I have attached IV graph. Can...
  4. M

    OCs Implied Volatility Trading Journal

    yes, I used the wider strikes to reduce the initial debit which may reduce the profit potential. It might move the breakevens a little bit future.
  5. M

    OCs Implied Volatility Trading Journal

    Coach, I am analyzing the trade on FFIV with small number of contracts. Can you take a look at the graph in the attachment. It has a shape of U. If there is spike in IV, it will raise above zero line. IV spike may occur 1 or 2 weeks before the ER. When are you planning to sell...
  6. M

    SPX Credit Spread Trader

    Volatility is historically at low. I am planning to open a DD on RUT. Dec 830C/750P ( 1st std deviation 825 - 761) Jan 860C/720P ( 2nd Std deviation 858 - 731 ) for a debit of 1.70 Current price is 790 I will also open a put calendar at 750. for a debit of 5.25 to...
  7. M

    SPX Credit Spread Trader

    Have you opened any Dec/JAn DDs on SPX or RUT.
  8. M

    OCs Implied Volatility Trading Journal

    Coach, Why did you choose the ratio of 6/11.
  9. M

    Reverse Calendars

    Hi IV, Are there any stocks with inflated IVs.
  10. M

    SPX Credit Spread Trader

    Hi All, I have the following diagonal spread on SPX. sold - 1350 Oct call bought - 1375 Nov call for a debit of 2.30 sold 1275 Oct put bought 1250 Nov put for credit of .15 Total cost is 2.15 (debit) Total loss for the position is 7.7 at SPX at 1369. I can...
  11. M

    SPX Credit Spread Trader

    YIP, How did you add more gamma to push your upside.
  12. M

    SPX Credit Spread Trader

    Hi Sailing, Thanks for the update. Can you elaborate more about the gamma curvature . Did you make any adjustment/added more spreads
  13. M

    SPX Credit Spread Trader

    Sailing, How are your diagonal spreads doing on SPX. Have you made any adjustments.
  14. M

    Reverse Calendars

    IV, Did you take the position on RHAT after the earnings were announced. I do not see much vol difference between front and back month options.
  15. M

    Reverse Calendars

    Hi IV, Look at this stock SHPGY. It has inflated IV for some reason. from IV_Trader:[/i] sure I do , not much going on now ( no reporting) , but its all starts soon :)
  16. M

    Reverse Calendars

    IV, Are you still trading RCs. Do you have any active forumon this.
  17. M

    SPX Credit Spread Trader

    Sailing, The volatile seems to be at the low end. Do you mind sharing your Diagonal SPX spread for Oct/Nov.
  18. M

    SPX Credit Spread Trader

    I have Sep 1250 put / Oct 1225 put spread. I opened this trade when SPX was 1293. Now, I have a loss of 600. I have the following adjustment options. 1. Sell the whole spread and take a lose of 625. 2. Convert into bull put spread 1235/1225 3. Convert into Bear put spread...
  19. M

    SPX Credit Spread Trader

    Sailing, Can you please provide an update on your Diagonal positions and also your adjustment plans.
  20. M

    Next reporting

    Ae there any ITM calls with inflated vols.
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