tag:blogger.com,1999:blog-5375291312433129989.post376707464016145361..comments2023-06-03T05:06:58.216-04:00Comments on The Lazy Trader: Weekend Portfolio Analysis (May 16, 2015)Henrikhttp://www.blogger.com/profile/05792195649092816606noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5375291312433129989.post-27276361429029374762015-05-17T21:55:41.081-04:002015-05-17T21:55:41.081-04:00Thanks Martin,
You have built some solid position...Thanks Martin,<br /><br />You have built some solid positions there. I like your call side (2225/2245) on the July Iron Condor. I've been thinking sometimes it is not so good to be 100% mechanical (As I am) about the 8 week to expiration thing, and instead open positions whenever I feel the strike prices are safer and happen to have 10% prob. In the Money.<br /><br />Thx for sharing your trading plan,<br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-181261595591644972015-05-17T21:52:22.238-04:002015-05-17T21:52:22.238-04:00Thanks Bellini.
Good positions man. Pretty safe.
L...Thanks Bellini.<br />Good positions man. Pretty safe.<br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-5314051489004991142015-05-17T17:27:14.010-04:002015-05-17T17:27:14.010-04:00Last week:
On Monday, I sold to open five iron con...Last week:<br />On Monday, I sold to open five iron condor spreads in SPX with 67 days till July exiration. I sold the spreads for 2.75. Total credit received $1375 with margin $8625. I opened the iron condors about nine weeks from the expiration which allowed me to sell strikes futher away from the current price of SPX. Following my portfolio management rules, I increased the size of this potision to five spreads (I allocate up to 20% of my account into a single position).<br /><br /><br />Open positions:<br />4x IC SPX June 1910/1930/2210/2230<br />4x IC RUT June 1100/1120/1340/1360<br />5x IC SPX July 1880/1900/2225/2245<br /><br /><br />Next week:<br />Both June positions are close to my profit target (75% of received credit). I will enter closing buy orders on Monday. Unless the market moves sharply one way or the other, I should be able to close at lest one of them next week. Also, with 60 days to July expiration, I am planning to sell iron condor spreads in RUT. In parallel, I will monitor open positions in case they need to be adjusted: (2040;2165) for IC SPX June; (1190;1290) for IC RUT June and (2020;2160) for IC SPX July.Martinnoreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-90693767561246582482015-05-17T08:23:12.324-04:002015-05-17T08:23:12.324-04:00Hello all
Haven't got any CS filled yet, look...Hello all<br /><br />Haven't got any CS filled yet, looking yet to complete IC on my outsatnding positions. Already cash my May SPX PS 1840/50.<br /><br />Outstanding positions are:<br /><br />RUT June 19th 1050/1060 cps @ 0.35<br />SPX July 17th 1850/1860 cps @ 0.70<br />RUT July 17th 1010/20 cps @ 0.35<br /><br />Wish you all a good week!!<br /><br />Bellini Marketshttps://www.blogger.com/profile/07308580101950960487noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-88194505408592597072015-05-16T12:04:54.744-04:002015-05-16T12:04:54.744-04:00Thanks Jonathan.
Indeed I meant 1100/1110/1320/133...Thanks Jonathan.<br />Indeed I meant 1100/1110/1320/1330. Fixed now.<br />Thx for sharing your positions.<br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-47345553814878938512015-05-16T11:28:29.094-04:002015-05-16T11:28:29.094-04:00You have a typo: July RUT 1000/1110/1320/1330 Iron...You have a typo: July RUT 1000/1110/1320/1330 Iron Condor<br /><br />Last week I closed a few winning positions and opened a couple new iron condors. I don't expect to make any trades next week unless we have an overbought or oversold market. <br /><br />Current positions:<br /><br />RUT July 17th 1050/1040 cps – currently profitable<br />IWM August 21st 105/103 cps – currently showing a tiny loss<br />SPX August 31st 1750/1725 & 2275/2300 iron condor – currently profitable<br />RUT September 30th 1000/990 & 1380/1390 iron condor - currently showing a tiny loss<br />SPX September 30th 1725/1700 & 2275/2300 iron condor - currently breakevenJonathanhttps://www.blogger.com/profile/14635010979050643513noreply@blogger.com