RSSAll Entries in the "Weekly Trade Idea" Category

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 […]

Trade 74 Something New and Experimental

Trade 74 Something New and Experimental

  Trade 74 Let’s try something                                                   What are we looking at? A strategy that might make some sense, or not. This is a first and I have to confess it’s […]

Trade73 Cheap and Cheerful

Trade73 Cheap and Cheerful

Trade 72- What’s the Story? Remember? Strangle at 7150 and 6300, credit of 39.5. Now the whole thing has gone a bit lopsided, what are the options (doh) for adjusting? The puts are now over 10% OTM so no worry there, the calls are close to the money at 100 points above so here’s how […]