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Tuesday, August 14, 2018

September SPX Elephant

Trade Details:

SELL 40 SPX September 2650/2645 Credit Put spreads @0.30 Credit
SELL   9 SPX September 2925/2935 Credit Call spreads @0.80 Credit

Long hedges:
BUY   9 SPY September 293 Calls @0.40
BUY   1 SPY September 269 Puts @1.22

Total Net Credit: $1,438
Days to Expiration: 38

Sunday, August 12, 2018

Weekend Portfolio Analysis (August 12, 2018)

This week's analysis has been published at LTOptions.com

Download Weekend Portfolio Analysis (2018-08-12).pdf

If the above link doesn't work for you, simply log in to LTOptions.com, navigate to the "Weekly Analysis" tab and download the document from there.

The Weekend Portfolio Analysis will be available on this site next week for historical reference.

All currently open positions can be seen on the 2018 Track Record page


Previous Analysis now publicly available:
Weekend Portfolio Analysis (August 4, 2018) 
Recent Trading Activity

- Closed the August SPX Elephant Put side on Monday for a $1,100 gain. This Elephant is now entirely closed.

- I tried to initiate a September SPX Elephant on Friday without luck. I tried a few strikes, different widths and credits to no avail. I didn't want to sacrifice a lot of credit, which was small to begin with. I will try to establish a September SPX Elephant again on Monday.

Saturday, August 4, 2018

Weekend Portfolio Analysis (August 4, 2018)

This week's analysis has been published at LTOptions.com

Download Weekend Portfolio Analysis (2018-08-04).pdf

If the above link doesn't work for you, simply log in to LTOptions.com, navigate to the "Weekly Analysis" tab and download the document from there.

The Weekend Portfolio Analysis will be available on this site next week for historical reference.

All currently open positions can be seen on the 2018 Track Record page


Previous Analysis now publicly available:
Weekend Portfolio Analysis (July 28, 2018) 
Recent Trading Activity

- No Activity.

I tried to close the September SPX 2430/2440 Credit Put spread (remainder of a former Elephant) but was not lucky trying to close it for 0.05 debit. I also intended to close the Call side of the October RUT Elephant, but had no luck either as I wanted a net +$400 gain on that side. Maybe I was a little greedy. So, summing up, I tried to close these two at different points in the week but did not get filled. I didn't sacrifice price limits on the orders as I was/am not terribly hurried to close these positions.