My option trades

[flipside21]

Quote from scottandmo:

Did you stick to your guns? If so, when are you going to declare victory!!!

Still holding and crossing my fingers. I'm very bearish the rest of this week.

 

[optionatrix]

Chart shows strong support at SPX 1350. Expect more bounce in the very near term, but when it breaks it could maybe go to 1300 or lower.

 

[Doobs789]

Quote from atticus:

I love the RUT fly, but wouldn't touch CRM with a cattle prod.

CRM part of straddle swap, short options go out this Friday, reports May 17. Will keep it pretty tight.

 

[Doobs789]

Quote from atticus:

Gotta be long risk here; index, short bonds, long EUR. Long RUT, AAPL.

I concur sir. Long RUT & Es (have a fly to 1365 neutral, looking like not enough now). Also long EUR fut calendar (bullish bias to 1.32). Probably carrying too many deltas currently, but whatever.

 

[Doobs789]

Quote from Doobs789:

CRM part of straddle swap, short options go out this Friday, reports May 17. Will keep it pretty tight.

Out of the CRM straddle swap at a slight loss.

Looking to add AAPL May18 570/590/610 Fly, under 5.00 mid

Also, Es May18 1350/1380/1410 ~ 8.75 mid

 

[babutime]

It's that time of the year again dawgs! The PCLN train is RIGHT HURR!!! So all my trading niggas, what you gon' do?

I'm thinkin of risking about $1600 here on a 725/785/845 weekly fly...

No trades yet.

 

[qqqoptions]

Quote from babutime:

It's that time of the year again dawgs! The PCLN train is RIGHT HURR!!! So all my trading niggas, what you gon' do?

I'm thinkin of risking about $1600 here on a 725/785/845 weekly fly...

No trades yet.

One leg should be ITM. Go with the 665/725/785.

 

[atticus]

Quote from babutime:

It's that time of the year again dawgs! The PCLN train is RIGHT HURR!!! So all my trading niggas, what you gon' do?

I'm thinkin of risking about $1600 here on a 725/785/845 weekly fly...

No trades yet.

lol

That's still a binary as the 725s will be at <$1 if this thing trades even $5 lower on the report. Why not trade a single 700/750/800 May18 call fly at 11.00?

I have three from 11.00.

Edit: Ryan, you should try a delta-fly now and then as it reduces the necessity to hedge AH (which you're unable to do). Like the V trade which would've been a massive winner AH had you been able to lock in shares.

The PCLN 700/750/800 fly 11 contrasts to the 700/750 bull spread at 24. You lose the unimodal delta, but the fly performs far better under 1sigma up/down. The fly is better than a double at 750 while the vertical cannot match that gain.

 

[atticus]

Quote from qqqoptions:

One leg should be ITM. Go with the 665/725/785.

You're like aversion therapy. Do not go within $5 of neutral as you're paying for that privilege.

 

[babutime]

Quote from atticus:

lol

That's still a binary as the 725s will be at <$1 if this thing trades even $5 lower on the report. Why not trade a single 700/750/800 May18 call fly at 11.00?

I have three from 11.00.

Edit: Ryan, you should try a delta-fly now and then as it reduces the necessity to hedge AH (which you're unable to do). Like the V trade which would've been a massive winner AH had you been able to lock in shares.

The PCLN 700/750/800 fly 11 contrasts to the 700/750 bull spread at 24. You lose the unimodal delta, but the fly performs far better under 1sigma up/down. The fly is better than a double at 750 while the vertical cannot match that gain.

That makes a lot of sense actually. I got in at 11.00 too. Just 1 fly. I need something here because the last 5 or 6 days I've been losing quite the sum of money...

Moral is : short women when you're long trading options...