tag:blogger.com,1999:blog-5375291312433129989.post4489555959881764032..comments2023-06-03T05:06:58.216-04:00Comments on The Lazy Trader: Weekend Portfolio Analysis (June 14, 2015)Henrikhttp://www.blogger.com/profile/05792195649092816606noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5375291312433129989.post-34692714828918340602015-06-15T07:37:52.249-04:002015-06-15T07:37:52.249-04:00Easy win on that RUT July 17th 1050/1040 cps Jona...Easy win on that RUT July 17th 1050/1040 cps Jonathan. You have some nice and comfortable positions going. I'll be looking forward to your potential new Iron Condors.<br />Thanks for sharing,<br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-64546749268218227262015-06-15T07:36:12.782-04:002015-06-15T07:36:12.782-04:00Hi Martin,
Thanks for sharing your ideas especial...Hi Martin,<br /><br />Thanks for sharing your ideas especially your candidate new positions. Your July positions look good to me. Yes thee is a FOMC minutes on Wednesday as I pointed out as well in the Economic Calendar section. But thanks for mentioning it. Volatility could/should increase prior to the meeting which could provide with a little bit more edge for selling options.<br /><br />Cheers,<br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-47448109339969477272015-06-14T20:58:09.491-04:002015-06-14T20:58:09.491-04:00It was another boring and profitable week. We almo...It was another boring and profitable week. We almost had an oversold condition on SPX last Tuesday but it never got low enough to trigger the signal to sell credit put spreads. I closed the RUT July 17th 1050/1040 cps for .10 debit on Wednesday.<br /><br />All of the current positions continue to do well and are profitable in this range bound environment. Iron condor sellers are looking like geniuses this year. <br /><br />For next week, if we are still in no man's land, I will sell some more iron condor.<br /><br />Current positions:<br /><br />IWM August 21st 105/103 cps – currently profitable<br />SPX August 31st 1750/1725 & 2275/2300 iron condor – currently profitable<br />RUT September 30th 1000/990 & 1380/1390 iron condor - currently profitable<br />SPX September 30th 1725/1700 & 2275/2300 iron condor - currently profitableJonathanhttps://www.blogger.com/profile/14635010979050643513noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-41802789861591964922015-06-14T16:01:34.123-04:002015-06-14T16:01:34.123-04:00Last week:
On Tuesday, the delta of SPX July 2225 ...Last week:<br />On Tuesday, the delta of SPX July 2225 calls was hovering around one. The 2225/2245 ccs no longer provided an effective hedge for the 1880/1900 cps. I closed all five SPX July 2225/2245 ccs that I originally sold for 1.55. I bought them back for 0.15 for a total profit of $700. This turned the SPX iron condor spreads into SPX credit put spreads.<br /><br /><br />Open positions:<br />5x SPX July 1880/1900 credit put spreads<br />5x RUT July 1100/1120/1320/1340 iron condor<br /><br /><br />Next week:<br />I am planning to open a new iron condor speads with August expiration in SPX. Unless, SPX gaps up or down on Monday, I am thinking about a balanced IC SPX Aug 1860/1880/2210/2230. Plus, I will monitor my open positions. On Wednesday, there is a regular FOMC meeting so we may see some volatility in the market.<br /><br /><br />Good trading,<br />Martin<br />Martinnoreply@blogger.com