Trade Adjustment : SPY

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: […]

New Trade : SPY

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. […]

Trade Update : SPY

Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: iron condor; Trade entry date / price: 4 Feb / $191.39; Price at trade post: $191.86; Position: short -1 SPY Feb16 199 call long 1 SPY Feb16 200 call short -1 SPY Feb16 183 put long 1 SPY Feb16 182 put Reasoning: With SPY […]