Stock / Symbol: SPDR Dow Jones Industrial Average / DIA Option Strategy: [private_monthly]double diagonal[/private_monthly]; Trade entry date / price: 29 Feb / $166.44 Price at trade post: $175.55 Reasoning: The call leg of this trade is ITM. Closing it out now. We’ll look to add to this position early next week. Trade Adjustment Details:[private_monthly] STC […]
Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: [private_monthly]double diagonal[/private_monthly]; Trade entry date / price: 29 Feb / $195.45 Price at trade adjustment: $204.25; Current Position:[private_monthly] Long 1 SPY MarWk4 203 call Long 1 SPY MarWk4 184 put Short -1 SPY Mar16 202 call Short -1 SPY Mar16 186 put [/private_monthly] Reasoning: […]
Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: [private_monthly]double diagonal[/private_monthly]; Price at trade post: $195.45; Reasoning: Putting on an uneven [private_monthly] double diagonal[/private_monthly] on SPY with March expiring options for the short legs. This trade currently has a delta of -0.4, a positive theta of 2.2 and a positive vega of 1.4. […]
Stock / Symbol: iShares Russell 2000 Index / IWM Option Strategy: double diagonal; Trade entry date / price: 4 Feb / $100.75 Price at trade exit: $100.45; Reasoning: The short strikes on this double diagonal on IWM are expiring today so we’re closing this (slightly positive) trade. The Greeks are currently: -6.1 delta, 5.3 theta, […]