My option trades

Quote from babutime:

GOOG double diagonal +640 C / -635 C / +625 P / -630 P

10 lots

The long options are all APR exp. Shorts are weeklies.

And APR straddle struck at 630.

2 lots

Lets see how this one works. If I see healthy profits, I might close it on afternoon of Earnings too... let's see...

Earnings? AAPL reports after APR 20.
 
Quote from atticus:

Coherent now... so you're long the diag and long the 630 straddle?

Yea. That's correct atticus. Apparently its called the Tarzan does Jane trade. I like the risk with it. Not scary
 
Jeff

I´m staggered into buying CALLS, or going to. Have my first three contracts. Though while you say 67 low I´m thinking maybe worse case scenario 65.08

This market is topping out. I would like to be all out of CALLS by Friday. Got rid of the other half of CALENDAR. I lost on that one.

I´m buying June, but think I have to move to JULY and just made a note to that effect. Not enough time, to maneuver otherwise.

Next week will be restricted to PUTS I think? I had the similar idea in mind. Was just trying to clear off the contracts from last week.
 
Quote from atticus:

Coherent now... so you're long the diag and long the 630 straddle?

Should perform very similar to the backspread, albeit you're in the term structure.
 
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