atticus' "ship it" vol trading journal

taowave · Oct 11, 2012

Long the Appl Nov 50 60 70 fly for .55...
Will double up at .25

cdcaveman · Oct 12, 2012

Quote from taowave:

Long the Appl Nov 50 60 70 fly for .55...
Will double up at .25

That's a cheapy!

diaoptions · Oct 12, 2012

Quote from cdcaveman:

That's a cheapy!

It's like hitting a hole in one, that's why it's so cheap.

cdcaveman · Oct 12, 2012

Quote from diaoptions:

It's like hitting a hole in one, that's why it's so cheap.

..

I'll bet against your pessimism... hitting a hole in one is doing a five wide and having it expire at the short strike that far out of the money

newwurldmn · Oct 12, 2012

Quote from diaoptions:

It's like hitting a hole in one, that's why it's so cheap.

I thought you had left this site. Or are you going to modify that post?

atticus · Oct 12, 2012

Oct 23 for iPad Mini unveiling.

Doobs789 · Oct 12, 2012

Quote from Doobs789:

Put on the 05/30/55 AAPL fly for 8.75

Filled in the 100-wide GOOG fly at 42.70 (irons)

AAPL fly at 9.25 mid, up 0.50 from entry.

atticus · Oct 12, 2012

Quote from Doobs789:

AAPL fly at 9.25 mid, up 0.50 from entry.

Nice. I would be prone to covering that and working the 35 (neutral).

MBlair · Oct 12, 2012

Quote from atticus:
I am sure I will hear about any losses, but please stfu if you're on the other side and the trade is in progress. BS will be sent to mods for deletion. I am ok with dissent, but don't be a knob about it. Wait until I lose.

I'll gladly take the opposite side of your trades. Just make sure to call them within a few minutes of execution so I have a fair chance to make the trade.

Doobs789 · Oct 12, 2012

Quote from atticus:

Nice. I would be prone to covering that and working the 35 (neutral).

I'm still holding those 640 calendars so I am neutral to 635, albeit they're showing a slight loss. Also, still in that 640 Dec fly. Going to sit tight for now and see what happens towards the close.

I like the 615/635/655 fly if I was initiating a new position.