atticus' "ship it" vol trading journal

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Quote from cdcaveman:

what do you mean risk figure

How much is currently at risk in the position. Iron is a credit of 20.70 right now. So risk is 29.30 (50-20.70). Width of the strikes (50) minus the credit of the spread. The price of the call or put fly would be the risk, as it's a debit.
 
Quote from cdcaveman:

cool.. got it... no on has figured no when aapls reporting month is?

Same situation as last week. Not confirmed yet. I still say 10/23, they have been doing 4th Tuesday lately.

Nov IV is currently about 3.5 points higher than Oct.
 
Quote from Doobs789:

Same situation as last week. Not confirmed yet. I still say 10/23, they have been doing 4th Tuesday lately.

Nov IV is currently about 3.5 points higher than Oct.

it just keeps making more and more sense to me that its gonna falll in nov opex... i'm wanting to calender..
 
Quote from Doobs789:

Same situation as last week. Not confirmed yet. I still say 10/23, they have been doing 4th Tuesday lately.

Nov IV is currently about 3.5 points higher than Oct.

There is risk; otherwise the term structure would reflect 7xx or move favoring Nov/Oct.
 
Quote from atticus:

There is risk; otherwise the term structure would reflect 7xx or move favoring Nov/Oct.
haha ok thanks for sharing.. i'm gonna keep sitting on my hands on that one..
 
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