Earnings trades

NomadicRiley · Jan 18, 2006

Anyone looking at an AAPL reverse calendar, was looking at the $85's, little over $2 spread between Feb and Jan

IV_Trader · Jan 18, 2006

closed YHOO with 60 cents profit.

So far : 3 trades , 3 winners , 87c average profit per combo.

Open positions :
HTCH 30 Jan straddle (long)
FFIV 55-60 Jan strangle (long)

IV_Trader · Jan 18, 2006

bought ADTN Feb 30p = 1.30
bought ADTN Feb 30c=2.00

ratio 20:13

IV_Trader · Jan 18, 2006

sold Feb AAPL 72.5-95 strangle for 2.20 .

IV_Trader · Jan 18, 2006

took EBAY reverse calendar:

bought Jan 45 call (1.55)
sold Feb 45 call (2.30)

chiguy · Jan 18, 2006

when you say reverse calendar am i to assume you mean are selling the time spread...

just asking...not trying to be a smart ass

btw...

i bought the jan aapl 72.5 / 90 iron condor (+50cents)...see if it works

IV_Trader · Jan 18, 2006

Quote from chiguy:

when you say reverse calendar am i to assume you mean are selling the time spread...

just asking...not trying to be a smart ass

btw...

i bought the jan aapl 72.5 / 90 iron condor (+50cents)...see if it works

in case of AAPL , I just sold naked Feb straddle...
good luck with your trade

chiguy · Jan 18, 2006

Quote from IV_Trader:

in case of AAPL , I just sold naked Feb straddle...
good luck with your trade

back at ya...

IV_Trader · Jan 18, 2006

Quote from IV_Trader:

bought HTCH Jan 30 straddle , 1.95$ (ratio 1:1)

sold half HTCH calls for 1.40 , holding the rest of the position overnight

momoneythansens · Jan 18, 2006

Quote from chiguy:

i bought the jan aapl 72.5 / 90 iron condor (+50cents)...see if it works

Bought or sold?

Long the wings, long theta, short vega, short gamma i.e. you want it to sit still and vols to collapse? If so, you must have sold the iron condor (for a credit).

Otherwise, if you bought the IC, what was your reasoning/sentiment?

Good luck either way.

MoMoney.