one/off

atticus · Oct 14, 2011

Quote from atticus:

590 on GOOG. Early to tell, but the combination should pay very well tomorrow. The pic shows the MTM-mid, but I paid 23.20 for the wide fly and 16.00 for the narrow.

Out at 50.50 and 10.00 respectively. Net-gain of 21.30 per contract.

newwurldmn · Oct 14, 2011

Quote from atticus:

Out at 50.50 and 10.00 respectively. Net-gain of 21.30 per contract.

Well traded.

atticus · Oct 14, 2011

Thanks, but I should mention that I kept a few and will let them go until expiration. (3 lots of each fly).

newwurldmn · Oct 14, 2011

Quote from atticus:

Thanks, but I should mention that I kept a few and will let them go until expiration. (3 lots of each fly).

Not unreasonable. One is marked close to zero, the other is generating a crazy amount of theta and you have a bearish bias (according to the macro tecnhical chart we all love to look at these das).

atticus · Oct 17, 2011

Quote from atticus:

Been out of town/vacation. 30% at 12% peak to trough.

Long the SPX (and some ES) Oct/Nov 1200 put spreads from 23.00. 10% of portfolio.

Marked at 26 and change.

newwurldmn · Oct 17, 2011

I am also holding steady on my callspreds. I was still texas hedged slightly which I have reduced.

atticus · Oct 18, 2011

Quote from atticus:

Been out of town/vacation. 30% at 12% peak to trough.

Long the SPX (and some ES) Oct/Nov 1200 put spreads from 23.00. 10% of portfolio.

Out 1/3 of position at 27.25 average. +4.25. If possible, I'd like to hold the remainder into SET as it looks good here.

newwurldmn · Oct 18, 2011

I am holding steady.

atticus · Oct 18, 2011

Quote from newwurldmn:

I am holding steady.

Yeah, as you should! I covered a portion to get it down to 6-7% of portfolio.

newwurldmn · Oct 18, 2011

Quote from atticus:

Yeah, as you should! I covered a portion to get it down to 6-7% of portfolio.

Taking profits isn't bad, but I do like the risk/reward here.

I have done mine in the spyders which is slightly annoying because I have an extra day where things can go wrong. But I am "in theory" being compensated for it.