Thanks; been having a good run. Set-ups have been sparse for a week or so though.
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Swing trading with Butterflies
- Thread starter Global OptionsTrades
- Start date
Opened a calendar spread on S&P500 yesterday. A similar set-up for Russell 2000 didn't fill unfortunately.
Trade date: 21 June 2022
Security: SPX
Price at opening: 3746.9
Direction: Put
Expiry date (short side): 24 June 2022
Implied Vol (short side) 34.4%
Expiry date (long side): 27 June 2022
Implied Vol (long side) 28.5%
Strikes: 3685
Opening Spread: 6.25
Trade date: 21 June 2022
Security: SPX
Price at opening: 3746.9
Direction: Put
Expiry date (short side): 24 June 2022
Implied Vol (short side) 34.4%
Expiry date (long side): 27 June 2022
Implied Vol (long side) 28.5%
Strikes: 3685
Opening Spread: 6.25
Markets rose, so the Calendar Put (#212) will almost certainly expire worthless for 100% loss.
Opened a similar position today.
Trade date: 27 June 2022
Security: SPX
Price at opening: 3917.3
Direction: Put
Expiry date (short side): 01 July 2022
Implied Vol (short side) 29.3%
Expiry date (long side): 05 July 2022
Implied Vol (long side) 23.9%
Strikes: 3855
Opening Spread: 6.70
Opened a similar position today.
Trade date: 27 June 2022
Security: SPX
Price at opening: 3917.3
Direction: Put
Expiry date (short side): 01 July 2022
Implied Vol (short side) 29.3%
Expiry date (long side): 05 July 2022
Implied Vol (long side) 23.9%
Strikes: 3855
Opening Spread: 6.70
Orders to open a Russell 2000 Calendar filled yesterday.
Trade date: 27 June 2022
Security: RUT
Price at opening: 1758.3
Direction: Put
Expiry date (short side): 01 July 2022
Implied Vol (short side) 36.3%
Expiry date (long side): 05 July 2022
Implied Vol (long side) 29.5%
Strikes: 1720
Opening Spread: 2.90
Trade date: 27 June 2022
Security: RUT
Price at opening: 1758.3
Direction: Put
Expiry date (short side): 01 July 2022
Implied Vol (short side) 36.3%
Expiry date (long side): 05 July 2022
Implied Vol (long side) 29.5%
Strikes: 1720
Opening Spread: 2.90
Closing orders for the Russell 2000 Calendar filled today in profit.
Trade date: 27 June 2022
Security: RUT
Price at opening: 1758.3
Direction: Put
Expiry date (short side): 01 July 2022
Implied Vol (short side) 36.3%
Expiry date (long side): 05 July 2022
Implied Vol (long side) 29.5%
Strikes: 1720
Opening Spread: 2.90
Close date: 29 June 2022
Trade duration: 2
Closing spread: 4.68
Profit / (Loss): 1.78
Profit / (Loss): 61.2%
Hoping to close the SPX position (#213) tomorrow.
Trade date: 27 June 2022
Security: RUT
Price at opening: 1758.3
Direction: Put
Expiry date (short side): 01 July 2022
Implied Vol (short side) 36.3%
Expiry date (long side): 05 July 2022
Implied Vol (long side) 29.5%
Strikes: 1720
Opening Spread: 2.90
Close date: 29 June 2022
Trade duration: 2
Closing spread: 4.68
Profit / (Loss): 1.78
Profit / (Loss): 61.2%
Hoping to close the SPX position (#213) tomorrow.
Opened a Fly on S&P500 for expiry on Tuesday, but IIRC markets generally rise the day after 04 July, so confidence is low for this one.
Trade date: 30 June 2022
Security: SPX
Price at opening: 3760
Implied Vol 23.4%
Direction: Put
Expiry date: 05 July 2022
Strikes: 3655 / 3690 / 3760
Structure: 2 / 3 / 1
Opening Spread: 7.10
The Calendar closed in profit.
Trade date: 27 June 2022
Security: SPX
Price at opening: 3917.3
Direction: Put
Expiry date (short side): 01 July 2022
Implied Vol (short side) 29.3%
Expiry date (long side): 05 July 2022
Implied Vol (long side) 23.9%
Strikes: 3855
Opening Spread: 6.70
Close date: 30 June 2022
Trade duration: 3
Closing spread: 9.30
Profit / (Loss): 2.60
Profit / (Loss): 38.8%
Trade date: 30 June 2022
Security: SPX
Price at opening: 3760
Implied Vol 23.4%
Direction: Put
Expiry date: 05 July 2022
Strikes: 3655 / 3690 / 3760
Structure: 2 / 3 / 1
Opening Spread: 7.10
The Calendar closed in profit.
Trade date: 27 June 2022
Security: SPX
Price at opening: 3917.3
Direction: Put
Expiry date (short side): 01 July 2022
Implied Vol (short side) 29.3%
Expiry date (long side): 05 July 2022
Implied Vol (long side) 23.9%
Strikes: 3855
Opening Spread: 6.70
Close date: 30 June 2022
Trade duration: 3
Closing spread: 9.30
Profit / (Loss): 2.60
Profit / (Loss): 38.8%
The S&P Fly closed with good profit earlier today.
Trade date: 30 June 2022
Security: SPX
Price at opening: 3760
Implied Vol 23.4%
Direction: Put
Expiry date: 05 July 2022
Strikes: 3655 / 3690 / 3760
Structure: 2 / 3 / 1
Opening Spread: 7.10
Close date: 05 July 2022
Trade duration: 5
Closing spread: 13.30
Profit / (Loss): 6.20
Profit / (Loss): 87.3%
Trade date: 30 June 2022
Security: SPX
Price at opening: 3760
Implied Vol 23.4%
Direction: Put
Expiry date: 05 July 2022
Strikes: 3655 / 3690 / 3760
Structure: 2 / 3 / 1
Opening Spread: 7.10
Close date: 05 July 2022
Trade duration: 5
Closing spread: 13.30
Profit / (Loss): 6.20
Profit / (Loss): 87.3%
Opened a couple of Calendars and a fly on TSLA today.
Trade date: 05 July 2022
Security: SPX
Price at opening: 3764.6
Direction: Put
Expiry date (short side): 08 July 2022
Implied Vol (short side) 32.7%
Expiry date (long side): 11 July 2022
Implied Vol (long side) 27.0%
Strikes: 3705
Opening Spread: 6.20
Trade date: 05 July 2022
Security: RUT
Price at opening: 1683.2
Direction: Put
Expiry date (short side): 08 July 2022
Implied Vol (short side) 38.9%
Expiry date (long side): 11 July 2022
Implied Vol (long side) 32.1%
Strikes: 1650
Opening Spread: 3.01
Trade date: 05 July 2022
Security: TSLA
Price at opening: 680.08
Implied Vol 81.9%
Direction: Put
Expiry date: 08 July 2022
Strikes: 625 / 645 / 685
Structure: 2 / 3 / 1
Opening Spread: 7.20
Trade date: 05 July 2022
Security: SPX
Price at opening: 3764.6
Direction: Put
Expiry date (short side): 08 July 2022
Implied Vol (short side) 32.7%
Expiry date (long side): 11 July 2022
Implied Vol (long side) 27.0%
Strikes: 3705
Opening Spread: 6.20
Trade date: 05 July 2022
Security: RUT
Price at opening: 1683.2
Direction: Put
Expiry date (short side): 08 July 2022
Implied Vol (short side) 38.9%
Expiry date (long side): 11 July 2022
Implied Vol (long side) 32.1%
Strikes: 1650
Opening Spread: 3.01
Trade date: 05 July 2022
Security: TSLA
Price at opening: 680.08
Implied Vol 81.9%
Direction: Put
Expiry date: 08 July 2022
Strikes: 625 / 645 / 685
Structure: 2 / 3 / 1
Opening Spread: 7.20
I'm not optimistic that this is going to be a profitable week!
Opened a fly on S&P500 for next week.
Trade date: 07 July 2022
Security: SPX
Price at opening: 3887.00
Implied Vol 21.7%
Direction: Put
Expiry date: 11 July 2022
Strikes: 3795 / 3825 / 3885
Structure: 2 / 3 / 1
Opening Spread: 8.80
Opened a fly on S&P500 for next week.
Trade date: 07 July 2022
Security: SPX
Price at opening: 3887.00
Implied Vol 21.7%
Direction: Put
Expiry date: 11 July 2022
Strikes: 3795 / 3825 / 3885
Structure: 2 / 3 / 1
Opening Spread: 8.80
This closed on Friday in profit.
Trade date: 07 July 2022
Security: SPX
Price at opening: 3887.00
Implied Vol 21.7%
Direction: Put
Expiry date: 11 July 2022
Strikes: 3795 / 3825 / 3885
Structure: 2 / 3 / 1
Opening Spread: 8.80
Close date: 08 July 2022
Trade duration: 1
Closing spread: 11.30
Profit / (Loss): 2.50
Profit / (Loss): 28.4%
The TSLA fly expired at 100% loss.
Trade date: 07 July 2022
Security: SPX
Price at opening: 3887.00
Implied Vol 21.7%
Direction: Put
Expiry date: 11 July 2022
Strikes: 3795 / 3825 / 3885
Structure: 2 / 3 / 1
Opening Spread: 8.80
Close date: 08 July 2022
Trade duration: 1
Closing spread: 11.30
Profit / (Loss): 2.50
Profit / (Loss): 28.4%
The TSLA fly expired at 100% loss.