Trade Ideas Category

SPY Dec/Jan DD (closed - profit 16.36%)

In: Double Diagonal and Trade Ideas

I took advantage of today’s market drop and the rise in volatility. Though my original plan was something else, due to this sudden market drop I closed this trade for beautiful 16.36% profit for holding less then 1 month.
Here are the closing trade details:

double diagonal, Trade Ideas

RUT Iron Condor (Closed-profit 25.8%)

In: Iron Condor and Trade Ideas

This is to update that I got filled for my another leg of RUT IC i.e. 720/710 and 810/820. I bot it back for $0.25 while I sold it for $2.15. Here is the attachment of transaction:
This completes my overall transaction for Nov iron condor. This trade resulted in $1.90+$$2.10=$4.00 over $15.45 risk. That is [...]

RUT Iron Condor (update-profit 27.6%)

In: Iron Condor and Trade Ideas

This is to update that I have closed one of the Iron condors on RUT earning $2.10 credit on $7.60 risk. That gives me kool 27.6% for 1 month holding. Attached below is my transaction details.

I still have another IC that is 720/710/810/820 that I had sold for $2.15. It is currently selling for $0.30. [...]

SPY Dec/Jan DD

In: Double Diagonal and Trade Ideas

Risk $2200/Reward $954 with upside potential
I am reviewing few trades for the next month play..following is one of those. It is a double diagonal for SPY.
Short Dec call (141) and Put (133), Long Jan call (143) and Put (131) for debit of $0.20/contract.
It is quite market neutral trade with a bias for IV rise. For [...]

RUT Iron Condor (Nov’06)

In: Iron Condor and Trade Ideas

November Iron Condor:

October 11, Filled 690/700 Bull Put RUT spreads for $1.40 credit.
October 13, Filled 810/820 Bear Call spread for $.90 credit then again got filled on Oct 16 for $1.10 credit.
Ocotber 20, filled 720/710 Bull Put spred for $1.15 credit

These multiple credit spread completed my Nov’06 Iron condor for a total of $4.55 credit [...]

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