You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
My option trades
- Thread starter ryanpatrick
- Start date
I like the long gamma trade. SPX carrying 16 vol. Implied there. Shouldn't get too hurt and the option to hit it big.
anyone playing WMT? I sold MAY 57.5P @ 0.61 today
Quote from optionatrix:
anyone playing WMT? I sold MAY 57.5P @ 0.61 today
That'll probably work out in the end but seems a little too risky for my taste given the shifty market right now and who knows what else will come out of this scandal-wise. I'd probably wait a week to let the dust settle a bit before jumping in, course by then you may be sitting on some cash.
I just bought 3 NFLX Apr weekly/May 100 calendars for $1.25.
Also picked up an AAPL Apr weekly/May 600 calendar for $7.5.
We'll see what happens after their earnings this week.
@ babutime & scottandmo,
yes risky, and I'm thinking to get out of it & replacing it with the MAY 55P even though there's not much premium there, but I'd be happy to own @ 55 while waiting in the meantime.
yes risky, and I'm thinking to get out of it & replacing it with the MAY 55P even though there's not much premium there, but I'd be happy to own @ 55 while waiting in the meantime.
Quote from optionatrix:
@ babutime & scottandmo,
yes risky, and I'm thinking to get out of it & replacing it with the MAY 55P even though there's not much premium there, but I'd be happy to own @ 55 while waiting in the meantime.
I didn't adjust the WMT position because the 55P premium is too small. I persuaded myself that getting assigned @ 57.5 is okay. I may roll down and out later, but sticking to my original trade for now.