Stock / Symbol: iShares Russell 2000 Index / IWM; Option Strategy: [private_monthly]double calendar[/private_monthly]; Trade entry date / price: 29 Feb / $103.70 Price at trade post: $109.56; Current Position: Long 1 IWM MarWk4 105.5 call Long 1 IWM MarWk4 100.5 put Short -1 IWM Mar16 105.5 call Short -1 IWM Mar16 100.5 put Reasoning: With […]
Stock / Symbol: iShares Russell 2000 Index / IWM; Option Strategy: [private_monthly]double calendar[/private_monthly]; Price at trade post: $103.70; Reasoning: Putting on a [private_monthly]double calendar[/private_monthly] on IWM with the long legs expiring on the 4th week of March. The Greeks on this trade are: -1.6 delta, 0.9 theta, and -3 vega. We’ll look to adjust or […]
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, […]