Trading Dutch Markets

Holding on to HGM , GTN (resp. 2 year & half year timeframe)

QQQ condor looking b/e to small loss, I personally expect some more up movement into this expiration

closed out IFX, BAY for resp. a small loss and a nice gain

& in the meantime hurt my nuts with some directional plays.

Tiki
 
I want to try out gamma scalping..

long 2 C LHA Jul04 12.00 @ 0.86
long 2 P LHA Jul04 12.00 @ 0.71

LHA trading at 12.10

orders in:

BUY LMT 12.60 80LHA
BUY LMT 12.30 80LHA
SELL LMT 11.70 80LHA
SELL LMT 11.40 80LHA

- shorts I wanna buy back at least with a 30ct gain, longs I wanns close out for also at least a 30 ct gain -

LHA - lufthansa : german airline, quite volatile lately.

others on my list were:

AAB (abn amro, dutch banker) - not available to short through IB, good volatility though
BAY (bayer, german chemical) - stock at 22.50 and I have no idea how to start off gamma scalping when stock isnt at strike price,lol :P
IFX (infineon, german chipbaker) - stock at 10.50, same as BAY

anyone wanna share insights on how to 'start' this gamma scalp idea when stock is halfway 2 option strikes (must be real simple but this morning (afternoon) i'm quite simple myself due to the not-so-simple roughness of last night )

Tiki
 
Lufthansa trading 1 cent under average entry price with an ok movement over the day. Still long 160@11.44avg. Still buy orders in at 80@11.70, 80@12.00, 80@12.30 and 80@12.60

Also got into some (300) stock of VRSA (versatel, voice&data in Netherlands, Germany, Belgium) at about 1.60, initial stop for all at 1.50.

Tiki
 
sold 80 @ 11.70.. .30*80 - 8 = another 16€

orders in effect;

BUY 80LHA@11.40
SELL80LHA@12.00
SELL80LHA@12.30
SELL80LHA@12.60

Tiki
 
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