atticus' "ship it" vol trading journal

Status
Not open for further replies.
Quote from cdcaveman:

if you were going to call a strike pin... is this the most levered way to do it..

665/670/680 on the weekly for like .20 cents.. break the wing.. put up five bills on the wider spread.. and let it rip..

this out to be an interesting ride ..

+ BOT 1 AAPL OCT 05 '12 + (1) 665 + (1) 680 - (2) 670 Call Combo 0.12 USD SMART 14:42:03 OptTrader 2.17 null
 
Quote from cdcaveman:

this out to be an interesting ride ..

+ BOT 1 AAPL OCT 05 '12 + (1) 665 + (1) 680 - (2) 670 Call Combo 0.12 USD SMART 14:42:03 OptTrader 2.17 null

i was smart enought to quickly step aside on this one.. got the itch..

+ SLD 1 AAPL OCT 05 '12 + (1) 665 + (1) 680 - (2) 670 Call Combo 0.15 USD SMART 14:58:41 OptTrader 2.17 null

i'm just going to watch this one.. if it settled tommorrow at 670 ... it would put this spread near 5 bucks from .12 cents.
 
Quote from cdcaveman:

i was smart enought to quickly step aside on this one.. got the itch..

+ SLD 1 AAPL OCT 05 '12 + (1) 665 + (1) 680 - (2) 670 Call Combo 0.15 USD SMART 14:58:41 OptTrader 2.17 null

i'm just going to watch this one.. if it settled tommorrow at 670 ... it would put this spread near 5 bucks from .12 cents.

haha holy fuck.. with out thinkin i just open and closed a butterfly in one day.. boom PDTed.. fml..
 
Quote from cdcaveman:

haha holy fuck.. with out thinkin i just open and closed a butterfly in one day.. boom PDTed.. fml..

this is what i was trying to pull off.. i fucking pussied out cause i started to think it might rally.. as i usually do when i am in a trade.. i start to worry like a bitch.. gotta break that habit.. with my account i need to set it and forget it for at least a day anyways because of PDT..

<a target='_blank' title='ImageShack - Image And Video Hosting' href='http://imageshack.us/photo/my-images/233/brokenwingaaplopex.png/'><img src='http://imageshack.us/a/img233/2307/brokenwingaaplopex.png' border='0'/></a><br>Uploaded with <a target='_blank' href='http://imageshack.us'>ImageShack.us</a>
 
+ BOT 1 AAPL OCT 05 '12 - 645 + 650 Put Bear Spread 0.50 USD SMART 12:20:58 3.02 null


closed... note to sell.. close down credit spread when 80% in profit..
made .30 cents..
 
Quote from IV_Trader:

AAPL NOV's vola is a short now, imo
Good candidate for reverse gamma scalping.
Same for UTX

Sell Nov otm buy closer to the money Oct in ratio... big pay off
How would you express this view.. be specific"!!!!
 
Quote from cdcaveman:

Sell Nov otm buy closer to the money Oct in ratio... big pay off
How would you express this view.. be specific"!!!!

Depends on your risk tolerance
Aggressive: short ATM straddle
Conservative: sell ATM , buy wings
All NOV
 
Quote from IV_Trader:

Depends on yOct risk tolerance
Aggressive: short ATM straddle
Conservative: sell ATM , buy wings
All NOV

Lotta margin on a time fly
nov body(straddle) long octwings (strangle)

Could fly in one series against fly in other.. different widths per the gamma risk you want...
 
Quote from IV_Trader:

Depends on your risk tolerance
Aggressive: short ATM straddle
Conservative: sell ATM , buy wings
All NOV


OT, dear atticus my little bro:


Hey iv, no op misses you!
 
Status
Not open for further replies.
Back
Top