Stock Symbol: FaceBook / FB; Option Strategy: [private_monthly]call spread + put spread[/private_monthly]; Trade entry date / price: 7 Jul / $85.67 Price at this post: $90.43; Reasoning: Up just over 13% on the trade already, locking in the gain. Current greeks are: 16.53 delta, -1.76 theta, and 4.10 vega Closing Trade Details:[private_monthly] STC 1 FB […]
Stock Symbol: FaceBook / FB; Option Strategy: [private_monthly]call spread + put spread[/private_monthly]; Price at this post: $85.67; Reasoning: Putting a trade on FB here to attempt to benefit from increasing volatility as Facebook’s earnings day approaches. Current greeks are: 5.2 delta, -4.6 theta, and 7.0 vega Trade Details:[private_monthly] BTO 1 FB Aug16 90 call STO […]
Stock / Symbol: IPATH S&P 500 VIX SHORT TERM / VXX Option Strategy: [private_monthly]broken wing butterfly (originally)[/private_monthly] Trade entry date / price: 3 Mar / $27.00 Price at this adjustment: $22.40 Current Position: [private_monthly] Long 2 VXX Apr15 27 calls Short -4 VXX Apr15 30 calls Long 2 VXX Apr15 31 calls [/private_monthly] Reasoning: The […]
Stock / Symbol: IPATH S&P 500 VIX SHORT TERM / VXX Option Strategy: vertical call spread Trade entry date / price: Aug 27 / $27.85 Price at trade close: $27.67 Reasoning: We did see volatility briefly rise, only to right right back down. Just going to cut losses here. The current greeks are: 50 delta, […]