atticus' "ship it" vol trading journal

Status
Not open for further replies.
Quote from cdcaveman:

haha i bugged you about it yes..but i came to it on my own .. haha so original i am i'm sure! haha
More...

i did totally follow you on strikes though.. whats wrong with the outta the monies.. i was thinking about putting on like a 680 calender.. letting oct expire worthless and holding nov for the long shot through earnings.. or even selling the nov 700 or 710 once oct expires..
 
AAPL - OCT 19 '12 + NOV 16 '12 690 Call Calendar Spread at 13.35
or where i'm already short
AAPL - OCT 19 '12 + NOV 16 '12 700 Call Calendar Spread for 12.05
 
Quote from atticus:

ur banned.
More...

oh noooooooooooooo.... hahahha

thats cool i'm used to talking to myself anways.. ..glad i didn't chase MA 00/50/00 thing worked for a while ..
<a target='_blank' title='ImageShack - Image And Video Hosting' href='http://imageshack.us/photo/my-images/5/27743506.png/'><img src='http://imageshack.us/a/img5/2661/27743506.png' border='0'/></a><br>Uploaded with <a target='_blank' href='http://imageshack.us'>ImageShack.us</a>
 
Quote from cdcaveman:

AAPL - OCT 19 '12 + NOV 16 '12 690 Call Calendar Spread at 13.35
or where i'm already short
AAPL - OCT 19 '12 + NOV 16 '12 700 Call Calendar Spread for 12.05
More...

i'm going to move my calender up.. from 665 to 700

i'm out of this ..

+SLD 1 AAPL - OCT 19 '12 + NOV 16 '12 665 Call Calendar Spread 14.30 USD SMART 15:47:20 1.45 null

+SLD 1 AAPL OCT 19 '12 + (1) 630 + (1) 695 - (2) 665 Call Combo 12.70 USD SMART 15:48:19 2.27 null
 
Quote from atticus:

OK... long from 8.40 risk on the 30/60/90 Oct19 fly. Limit of account. Long 30% of net liq in this fly in all accounts. (8.30 mid).
More...

Out at 8.20 (filled mid). Flat.
 
Quote from IV_Trader:

long EBAY OCT straddle , 48 strike

Looking for a vola touch of 110 on the report day

Should be a rent free trade than
More...

I put this on on your suggestion. Good call.
 
Quote from froluis:

IV_Trader, what do you mean by "a vola touch of 110" is it the increase in volatility in basic points?
Thanks
More...

IV's not around as much, so I'll answer and he can correct... he means that Oct19 vola will touch 110% on the day of the report. The idea is that vola must rally into the report, as no significant decay will be seen. If the straddle prem doesn't decay, vols must rise.

It's a "free trade" on long vol. Since the straddle should remain above 3.00 into the report, any large move in the underlying in the interim is free gamma. No "loan" (paid in theta) on the trade.
 
Status
Not open for further replies.
Back
Top