botpro (p)

[botpro]

4th pos:
Underlying: MDLZ (Mondelez International Inc), SpotAtEOD=42.24 HV3months=33.8%
Options: Exp=2016-Jun-17, Type=Call, Strike=46, FillPrice=0.67, Contracts=300 --> Value=20,100
"46.00 0.69 +0.04 0.63 0.69 7 4804" (@ google)

(HV3months = Historical vola over the last 3 months)

 

[botpro]

5th pos:
Underlying: JPM (JPMorgan Chase & Co.), SpotAtEOD=59.09 HV3m=34.6%
Options: Exp=2016-May-20, Type=Call, Strike=65, FillPrice=0.30, Contracts=700 --> Value=21,000
"65.00 0.30 -0.06 0.28 0.33 58 5828" (@ google)

Rmks: SpotAtEOD at yahoo is 59.12

 

[botpro]

I need at least 10 positions; still 5 to go... The rest I'll do tomorrow...

 

[eganon69]

5th pos:
Underlying: JPM (JPMorgan Chase & Co.), SpotAtEOD=59.09 HV3m=34.6%
Options: Exp=2016-May-20, Type=Call, Strike=65, FillPrice=0.30, Contracts=700 --> Value=21,000
"65.00 0.30 -0.06 0.28 0.33 58 5828" (@ google)

Rmks: SpotAtEOD at yahoo is 59.12

A discussion of what you see and why would be GREAT. I think many people on ET including myself would definitely short this one. No way would I go long on JPM here.

 

[d08]

4th pos:
Underlying: MDLZ (Mondelez International Inc), SpotAtEOD=42.24 HV3months=33.8%
Options: Exp=2016-Jun-17, Type=Call, Strike=46, FillPrice=0.67, Contracts=300 --> Value=20,100
"46.00 0.69 +0.04 0.63 0.69 7 4804" (@ google)

(HV3months = Historical vola over the last 3 months)

So the volume for the day was 7 contracts but your paper trading system took 300.
Oh man, once you start trading for real, things will get very interesting for you.

 

[NoBias]

Not flaming, no desire to pollute a structured journal, but I do not understand why delayed data is used, especially if one has access to a real time simulator.

If followers do not have access to real time simulator, then that individual "could" reference a delayed feed, but as the baseline, makes zero sense not to use real time...

 

[newwurldmn]

Why not just use simulated gbm data? I thought it was just as good.

 

[El OchoCinco]

I think the volumes have to be realistic as pointed out above. Also, the historical volatility is not relevant here but the implied volatility. You should post the IV of each option that you sare entering into which is the greatest factor affecting the price.

 

[samuel11]

hey numbnut, how did you like selling a put on vrx? You enjoying that move this Morning?

That's a real example of what we have been telling you for weeks.

 

[eganon69]

I'm applying a system.....

....there is only a TargetStop, but no StopLoss.
The position will be "adjusted" if necessary; the aim is to reach the Target......

Oh boy,... Ok. Just noticed this. My ability to learn anything from this Urinal has taken a huge hit. Thanks for posting. I'll move along now.