My option trades

babutime · May 14, 2012

Quote from babutime:

GRPN MAY 11/12/13 flies at 13 cents... earnings out after market... I dobut it's going to move any further

Oh well... just hope GRPN falls a bit tomorrow...

qqqoptions · May 14, 2012

FYI

FaceBook (FB) this Friday, options probally within a few weeks. In the mean time SOCL could be interesting to buy options on. My recommendation is: Buy SOCL Jun 2012 15.00 calls @ $0.70 sometime this week before FB's IPO.

http://finance.yahoo.com/q?s=SOCL120616C00015000
CAUTION: The above trade is extremely speculative.

EDIT: Slow day today, not many posts to this thread

rockn · May 15, 2012

Well, I've been pretty frustrated the way my aapl 625 may calls have panned out. I was buying near the top when everyone else was selling.

babutime · May 15, 2012

Quote from babutime:

GRPN MAY 11/12/13 flies at 13 cents... earnings out after market... I dobut it's going to move any further

Quote from babutime:

Oh well... just hope GRPN falls a bit tomorrow...

May vol still quite elevated... not quite at a loss here. Still holding on... Stock seems like it'll fall further...

Doobs789 · May 15, 2012

Long May18 RUT 775/790/805 Fly @ 4.50 mid

Long May18 SPX 1340/1350/1360 Fly @ 2.00 mid

Doobs789 · May 15, 2012

Quote from babutime:

May vol still quite elevated... not quite at a loss here. Still holding on... Stock seems like it'll fall further...

Looks like it turned out to be a decent trade. Skew is pretty steep here though.

RichardRimes · May 15, 2012

Quote from Doobs789:

Long May18 RUT 775/790/805 Fly @ 4.50 mid

Long May18 SPX 1340/1350/1360 Fly @ 2.00 mid

are you doing the put fly on the spx? the call 40/50/60 is only 1.45

Doobs789 · May 15, 2012

Quote from RichardRimes:

are you doing the put fly on the spx? the call 40/50/60 is only 1.45

Yeah call fly, it traded between 1.25 and 2.00. I had a slightly better fill. However, I'm out of it now around breakeven.

Looking at getting back into some AAPL Condors and/or flies.

Still long GOOG condor, RUT Fly
Long LNKD Fly, short strangle

most sitting close to their neutral strike

babutime · May 15, 2012

Quote from Doobs789:

Looks like it turned out to be a decent trade. Skew is pretty steep here though.

I see a U shaped but steep nonetheless..

Yeah if it continues to cover the gap tomorrow I'll prolly take some profits off the table.

Doobs789 · May 15, 2012

Quote from babutime:

I see a U shaped but steep nonetheless..

Yeah if it continues to cover the gap tomorrow I'll prolly take some profits off the table.

Yeah, I got ya.

Just picked up AAPL 60/70/80 Fly for 2.50