For those who have followed the trade, its now in the money, vol curve in november has moved in my favor, while december is quite unchanged, the position is also delta positive, and the total delta of the position has accelerated today as the underliyng has moved upQuote from Georgi90:
Hi everyone
what you think for that trade
buy WMT Dec10 55 call
sell WMT Nov10 55 call
WMT IV30 - 18
on 16 they report earnings, and i expect volatility curve to move in my favor, also its time spread, without underlying moves i win too
Three times is a charm. Does it count as a 4th if I do it???Quote from Georgi90:
For those who have followed the trade, its now in the money, vol curve in november has moved in my favor, while december is quite unchanged, the position is also delta positive, and the total delta of the position has accelerated today as the underliyng has moved up WMT has raised the EPS guidance Im going to wait till tommorow for the market to recover, and then capitalize whatever gains i've made