My option trades

I'm out of AAPL. Sold it all. My vertical would've given diminishing returns had I held on to it so sold the entire thing...

Another good apple trade.

Sold my wal mart bet..lol... netted $300 something on a $200 investment...

:D

Holding on to BIDU right now... the spread out calendar-- both puts and calls are broken even atm...
 
Quote from flipside21:

Lost 5% of account in past 50 minutes, but it's a "long term" trade.

Hmm... that seems ok if your directional view is correct. I wanna know why Mr. Finch likes it...
 
Quote from newwurldmn:

How do you figure?



I expect it to trade at 40% (down about 700bps). I see this as being consistent with the weekly straddles that are priced at 7%ish in premium terms. If post earnings May will be 35 vol, then the weekly straddle should be about 8.8%ish to make you indifferent between may and the weekly. Given that the skew is so flat, and there being no reason (at least for me to believe) that that will change on the upside, a similar vol should be on every strike.

Opened at 3400. Yes, I am clairvoyant.

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good call risk, the point really for people learning is that the volatility crush is real. I wonder how much money has been lost over the years by new traders that don't understand vol collapse.
 
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