RSSAll Entries in the "Weekly Trade Idea" Category

Trade 84- And, We're STILL Here

Trade 84- And, We’re STILL Here

Trade 83- doing OK Trade 83 was a buy of the 7800 call at 50.5, sell 2x 7900 call at 24.5. This is now trading at a credit of 4.5 to close out. There is no reason to close out or adjust,as the reasons for the trade have not changed. The market had 2 wobbly days […]

Trade 83 - Is The Picture Really That Bad?

Trade 83 – Is The Picture Really That Bad?

Some Housekeeping, Catching Up Trade 82  June/July calendar 7150 puts now worth3×2=6 for the June puts and 16 for July = 10. We paid a debit of 6.  Not great but a winner, to date, and has this week shown a closing price of 13. Personally at such a low  entry cost I’d hang on for […]

Trade 82 A Response to Trade 81

Trade 82 A Response to Trade 81

Trade 81 -It Was Never a Great Idea   Trade 81 was 7850 call calendar  2×1 for credit 14.5 , now 23. Quote: A sideways drifting market is NOT good for this trade, and we have had some price action recently. So now it is a loser, not by much, but nevertheless it is an […]

Trade 81 -What Can We Do With A Topped Out Market?

Trade 81 -What Can We Do With A Topped Out Market?

Trade 80 has gone nowhere- a flash of upside,then back down (thankfully for this trader) Another Tool In The Chest While we must always consider the Greeks, and ‘moneyness’ another metric is our old friend ‘open interest’ Oft times I have said that I can read more in an options chain than a chart. That […]

Trade 80- A Milestone- What's That in Metric, eh?

Trade 80- A Milestone- What’s That in Metric, eh?

Trade 79: How Did We Do? Remember?……. Straddle!  7725 call at  79.5 and 100.5 for the put. We buy both for a total 180. Close of play on Friday 107.5 and 71.5 =179.                    We can run this or close it, hard call but at least it is […]

Trade 79 Never be Afraid to Experiment, or Test The Water

Trade 79 Never be Afraid to Experiment, or Test The Water

Trade 79, Confidence Took A Hit, But We Persist Here’s a ‘cheap’ straddle- with volatility so low this trade costs money but it may be worth it. Straddle!  7725 call at  79.5 and 100.5 for the put. We buy both for a total 180. While this is not my favourite it is worth showing it […]

Trade 78, A Faint Whiff of Desperation

Trade 78, A Faint Whiff of Desperation

When No Trade IS a Postion Last week was a nothing, insufficient moves to make volatility do anything helpful for us. Our current Trade 77 (we were buying the 7450 call and 2 of the 7650calls, whilst selling 3 of the 7550 calls). Cost us 2 and is currently worth zero. Close out? We still have […]

Trade77 A Flight of Fancy

Trade77 A Flight of Fancy

  Starting With the Hard Bits What IS Trade 77? I thought it might be fun to try and mix things up with a mutant call butterfly, expiring in May. You may recall a butterfly is a short spread and a long spread which has risk limited to premium paid. This would thus cost  85+12.5 […]

Trade 76 When The Market's A Bit Too Happy

Trade 76 When The Market’s A Bit Too Happy

When Vol is Neither Big nor small We sometimes like to go directional, but an outright purchase of options is not …a great option. We could buy a put, a put spread,a call or a call spread. This would be safer than a combination (risk reversal for US traders). A combo is the buying of […]

Trade 75 With Market Moving Events Possible, We Limit Risk

  Felling Distinctly Uneasy About Global events Sorry but this is not a well thought out strategy. I have concerns that matters could get ugly very quickly in this coming week. Normally we’d be concerned as it is expiry week and there is PIN risk. This is just so flippant in the context of current […]