Global Options Trades

Closed Short position in DAX30 by selling Puts at a loss on Thursday, and opened a long position by buying Calls and Call Spreads.

Security / Ticker: DAX
Open Trade Date: 31 October 2019
Trade: Sell to Close
Expiry Date: 20 December 2019
At the Money / Out of the Money: AtM
Exercise Price: 12,850.0
Direction: Put
Opening Price: 206.0
Close Trade Date: 04 December 2019
Closing Price: 51.5
Roundtrip P&L: -75.0%

Security / Ticker: DAX
Open Trade Date: 31 October 2019
Trade: Sell to Close
Expiry Date: 20 December 2019
At the Money / Out of the Money: OotM
Exercise Price: 12,250.0
Direction: Put
Opening Price: 45.7
Close Trade Date: 04 December 2019
Closing Price: 11.0
Roundtrip P&L: -75.9%

Sold 20/12/2019 12350/12250 Bear Put spread for 2.5 credit, or -79.2%

Bought Long Exposure:

Security / Ticker: DAX
Open Trade Date: 04 December 2019
Trade: Buy to Open
Expiry Date: 20 February 2020
At the Money / Out of the Money: AtM
Exercise Price: 13,150.0
Direction: Call
Opening Price: 330.0

Security / Ticker: DAX
Open Trade Date: 04 December 2019
Trade: Buy to Open
Expiry Date: 20 February 2020
At the Money / Out of the Money: OotM
Exercise Price: 13,850.0
Direction: Call
Opening Price: 65.4

Bought 20/2/2020 13350/13400 Bear Call spread for 7.0 debit

Also sold 12300/12250 Bull Put Spread for 7.9 credit
 
Closed Short position in FTSE100 by selling Puts at a loss today, and opened a long position by buying Calls and Call Spreads.

Security / Ticker: FTSE
Open Trade Date: 31 October 2019
Trade: Buy to Open
Expiry Date: 20 December 2019
At the Money / Out of the Money: AtM
Exercise Price: 7,250.0
Direction: Put
Opening Price: 123.6
Close Trade Date: 06 December 2019
Closing Price: 74.5
Roundtrip P&L: -39.7%

Security / Ticker: FTSE
Open Trade Date: 31 October 2019
Trade: Buy to Open
Expiry Date: 20 December 2019
At the Money / Out of the Money: OotM
Exercise Price: 7,025.0
Direction: Put
Opening Price: 41.6
Close Trade Date: 06 December 2019
Closing Price: 26.0
Roundtrip P&L: -37.6%

Sold 20/12/2019 7075/7025 Bear Put spread for 11 credit, or -16.2%

Also, closed Put side of Straddle at a small profit:

Security / Ticker: FTSE
Open Trade Date: 18 November 2019
Trade: Sell to Close
Expiry Date: 17 January 2020
At the Money / Out of the Money: AtM
Exercise Price: 7,300
Direction: Straddle
Opening Price: 143
Close Trade Date: 06 December 2019
Closing Price: 152.0
Roundtrip P&L: 6.4%

Opened a long position by buying Calls and Call Spreads:

Security / Ticker: FTSE
Open Trade Date: 06 December 2019
Trade: Buy to Open
Expiry Date: 17 January 2020
At the Money / Out of the Money: AtM
Exercise Price: 7,250.0
Direction: Call
Opening Price: 115.4

Security / Ticker: FTSE
Open Trade Date: 06 December 2019
Trade: Buy to Open
Expiry Date: 17 January 2020
At the Money / Out of the Money: OotM
Exercise Price: 7,475.0
Direction: Call
Opening Price: 29.5

Bought 17/1/2020 7425/7450 Bear Call spread for 7.7 debit
 
In September, I began buying Spreads, (in addition to simple directional options) with the short side at my target price for the security, and a spread of usually a couple of intervals based on volatility of the security.

Iteration, backtesting, paper-trading, reiterating etc has led me to believe that placing greater emphasis (and decisional weighting) on levels of support and resistance, should provide better results for this type of directional exposure. Narrowing the spread to one interval (with concomitant increase in position size) seems wise, scaling out of the positions with GTC orders to sell part of the position when certain profit conditions are met.

This is likely to provide more frequent trades, and I'll decide whether there is merit in detailing closing trades here.

I'm not sure if anyone is reading this but would welcome thoughts.
 
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