Friday, May 27, 2016

Str II

Rules:
1. Sell new top (0.5-1SD)  top ATM 30-45 DTE straddle;
2. Buy 1-2 strike OTM PUT for downside protection;
3. Take 30% of max profit.
4. Roll if unprofitable.
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Exec Time Spread Side Qty Pos Effect Symbol Exp Strike Type Price Net Price
5/27/2016 15:34 CUSTOM SELL -1 TO OPEN /ESU6 1/50 JUL 16 (EOM) /EWN6 2100 CALL 34.5 50
SELL -1 TO OPEN /ESU6 1/50 JUL 16 (EOM) /EWN6 2100 PUT 48.5 CREDIT
BUY 1 TO OPEN /ESU6 1/50 JUL 16 (EOM) /EWN6 2055 PUT 33
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3/18/16-4/29/16  + 21 points of Realized Profit
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Wednesday, May 25, 2016

High Probability Low Income II: $830 of Extrinsic Value

Exec Time Spread Side Qty Pos Effect Symbol Exp Strike Type Price Net Price Order Type
5/25/2016 14:25 SINGLE SELL -1 TO OPEN /ESU6 1/50 JUL 16 (Wk3) /EW3N6 2160 CALL 5.5 5.5 LMT
5/25/2016 14:17 SINGLE SELL -1 TO OPEN /CLU6 1/1000 SEP 16 /LOU6 33 PUT 0.11 0.11 LMT
5/25/2016 14:15 SINGLE SELL -1 TO OPEN /ZBU6 1/1000 JUL 16 /OZBN6 170 CALL 0''07 0''07 LMT
5/25/2016 14:13 SINGLE SELL -1 TO OPEN /GCQ6 1/100 JUL 16 /OGN6 1140 PUT 1.4 1.4 LMT
5/25/2016 14:12 SINGLE SELL -1 TO OPEN /NGQ6 1/10000 AUG 16 /ONQ6 1.7 PUT 0.011 0.011 LMT
5/25/2016 14:11 SINGLE SELL -1 TO OPEN /ESM6 1/50 JUN 16 /ESM6 2150 CALL 2.1 2.1 LMT

Bought Aug-Sept Crack Spread Calendar

Exec Time Spread Side Qty Pos Effect Symbol Exp Type Price Net Price Order Type CSC
5/25/2016 11:03 FUT CALENDAR SELL -2 TO OPEN /CLQ6 16-Aug FUTURE 49.47 -0.35 LMT 1.2446
BUY 2 TO OPEN /CLU6 16-Sep FUTURE 49.82 DEBIT
5/25/2016 11:03 FUT CALENDAR BUY 2 TO OPEN /RBQ6 16-Aug FUTURE 1.634 0.0213 LMT
SELL -2 TO OPEN /RBU6 16-Sep FUTURE 1.6127 DEBIT

Monday, May 23, 2016

Shorting Aug,16 Crack Spread +$130 of Realized Profit After Fees

Exec Time Spread Side Qty Pos Effect Symbol Exp Strike Type Price Net Price Crack Spread
-20.229
5/23/2016 15:59 FUTURE BUY 1 TO CLOSE /RBQ6 16-Aug FUTURE 1.6395 1.6395
5/23/2016 15:59 FUTURE SELL -1 TO CLOSE /CLQ6 16-Aug FUTURE 48.63 48.63
-20.3746
5/23/2016 11:57 FUTURE SELL -1 TO OPEN /RBQ6 16-Aug FUTURE 1.6313 1.6313
5/23/2016 11:57 FUTURE BUY 1 TO OPEN /CLQ6 16-Aug FUTURE 48.14 48.14

High Probability Low Income Trades +$200 of Realized Profit (Tastytrade Style Managment ) After Fees

Today I've closed High Probability Low Income Trades and took 25% of Max Profit. That's the tastytrade management style. There is a difference. I didn't separate the trades and managed these things altogether.
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Exec Time Spread Side Qty Pos Effect Symbol Exp Strike Type Price
5/23/2016 11:48 SINGLE BUY 1 TO CLOSE /CLQ6 1/1000 AUG 16 /LOQ6 35 PUT 0.13
5/23/2016 11:45 SINGLE BUY 1 TO CLOSE /GCQ6 1/100 JUL 16 /OGN6 1145 PUT 1.1
5/23/2016 11:44 SINGLE BUY 1 TO CLOSE /NGN6 1/10000 JUL 16 /ONN6 1.75 PUT 0.006
5/23/2016 11:43 SINGLE BUY 2 TO CLOSE /ESM6 1/50 JUN 16 /ESM6 2115 CALL 2.75
5/20/2016 12:05 SINGLE SELL -2 TO OPEN /ESM6 1/50 JUN 16 /ESM6 2115 CALL 4.35
5/18/2016 10:15 SINGLE SELL -1 TO OPEN /GCQ6 1/100 JUL 16 /OGN6 1145 PUT 1.2
5/18/2016 10:13 SINGLE SELL -1 TO OPEN /CLQ6 1/1000 AUG 16 /LOQ6 35 PUT 0.14
5/18/2016 10:11 SINGLE SELL -1 TO OPEN /NGN6 1/10000 JUL 16 /ONN6 1.75 PUT 0.012

Friday, May 20, 2016

High Probability Low Income Trades ~$800 of Maximum Profit (Extrinsic Values) After Fees

At the moment I don't see good trading opportunities, hence these high probability-low income  theta trades .
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Exec Time Spread Side Qty Pos Effect Symbol Exp Strike Type Price Net Price
5/20/2016 12:05 SINGLE SELL -2 TO OPEN /ESM6 1/50 JUN 16 /ESM6 2115 CALL 4.35 4.35
5/18/2016 10:15 SINGLE SELL -1 TO OPEN /GCQ6 1/100 JUL 16 /OGN6 1145 PUT 1.2 1.2
5/18/2016 10:13 SINGLE SELL -1 TO OPEN /CLQ6 1/1000 AUG 16 /LOQ6 35 PUT 0.14 0.14
5/18/2016 10:11 SINGLE SELL -1 TO OPEN /NGN6 1/10000 JUL 16 /ONN6 1.75 PUT 0.012 0.012

Tuesday, May 17, 2016

Finally. The WTI Trade is Closed +$300

TAKEAWAYS
Look for out of range (>1SD) price movements .
Start a Play with a  Small Bet.
The leverage should be increased  by risking the profit from  the wining trades.
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Well. After so many days of fighting the WTI trade is closed. The trade went through $48 to $25    swings in the price. Today the position (below) was called and that's it.

InstrumentQtyDaysStrikeBreakMarkDeltaThetaVega
/CL320.92103.36-136.22
Light Sweet Crude Oil Futures,May-2016,ETH33241.6541.13755.8800
1/1000 MAY 16 /LOK6 40.5 CALL-32740.51.362.34-434.97103.36-136.22

$350 profit, flat platinum gold #2

Earlier today platinum gold #2 was posted . Quick money is always welcome. trades r posted live  @ tfo_medved Exec Time Spread Si...