Bought: five 15 SEP PYPL 55/62.5 Strangles @$0.69
Total Debit: $345.00
Total Commissions/Fees: $1.42
Balance: $54,732.31
Trade P/L: $282.12
YTD Realized P/L: $8,730.68
YTD ROC: 27.1%
Monday, August 21, 2017
Closing Trade - 15 SEP PYPL 55/62.5 Strangle
Closing Trade [Opening Trade]
Bought: five 15 SEP PYPL 55/62.5 Strangles @$0.69
Total Debit: $345.00
Total Commissions/Fees: $1.42
Balance: $54,732.31
Trade P/L: $282.12
YTD Realized P/L: $8,730.68
YTD ROC: 27.1%
Bought: five 15 SEP PYPL 55/62.5 Strangles @$0.69
Total Debit: $345.00
Total Commissions/Fees: $1.42
Balance: $54,732.31
Trade P/L: $282.12
YTD Realized P/L: $8,730.68
YTD ROC: 27.1%
Trade Adjustment - 21 JUL BABA 110/135 Strangle
Trade Adjustment [Opening Trade][1st Adjustment][2nd Adjustment][3rd Adjustment][4th Adjustment][5th Adjustment][6th Adjustment]
Rolled my 165 inverted Puts up to 170 for an additional $2.25 credit. The intrinsic value of the position is now 35.
Rolled: five 15 OCT BABA 165 inverted Puts @$2.25
Total Commissions/Fees: $6.52
Balance: $55,078.73
Rolled my 165 inverted Puts up to 170 for an additional $2.25 credit. The intrinsic value of the position is now 35.
Rolled: five 15 OCT BABA 165 inverted Puts @$2.25
- Bought five 15 OCT BABA 165 Puts @$5.72
- Sold five 15 OCT BABA 170 Puts @$7.97
Total Commissions/Fees: $6.52
Balance: $55,078.73
Thursday, August 17, 2017
Trade Adjustment - 21 JUL BABA 110/135 Strangle
Trade Adjustment [Opening Trade][1st Adjustment][2nd Adjustment][3rd Adjustment][4th Adjustment][5th Adjustment]
BABA announced earnings today pre-market and the stock jumped to $166. I needed to roll my inverted Puts up to 165 in the October expiration to collect more credit on the trade. My position now has an intrinsic value of $30 and with this roll I collected an additional $3.62, bring my total credit to $24.74. After this I'll need to collect another $5.26 in future adjustments to break even on the trade.
Rolled: five 15 OCT BABA 155 inverted Puts @$3.62
Total Commissions/Fees: $6.50
Balance: $53,960.25
BABA announced earnings today pre-market and the stock jumped to $166. I needed to roll my inverted Puts up to 165 in the October expiration to collect more credit on the trade. My position now has an intrinsic value of $30 and with this roll I collected an additional $3.62, bring my total credit to $24.74. After this I'll need to collect another $5.26 in future adjustments to break even on the trade.
Rolled: five 15 OCT BABA 155 inverted Puts @$3.62
- Bought: five 15 OCT BABA 155 Puts @$3.24
- Sold: five 15 OCT BABA 165 Puts @$6.86
Total Commissions/Fees: $6.50
Balance: $53,960.25
Friday, August 11, 2017
Trade Adjustment - 21 JUL BABA 110/135 Strangle
Trade Adjustment [Opening Trade][1st Adjustment][2nd Adjustment][3rd Adjustment][4th Adjustment]
Rolled my inverted Strangle out to October to collect an additional $3.16 in credit. The total credit collected on the trade is now $21.12. The inverted position has an intrinsic value of $20.00 (the difference between the 135/155 inverted strikes), so if I can buy the position back by October expiration for $21.12 I can scratch the trade, but if I can buy it back between $21.12 and $20.00, I can actually make a profit on the trade of up to $560.00.
Rolled: five 15 SEP BABA 135/155 Inverted Strangles @$3.16
Total Credit: $1,580.00
Total Commissions/Fees: $13.20
Balance: $52,156.35
Rolled my inverted Strangle out to October to collect an additional $3.16 in credit. The total credit collected on the trade is now $21.12. The inverted position has an intrinsic value of $20.00 (the difference between the 135/155 inverted strikes), so if I can buy the position back by October expiration for $21.12 I can scratch the trade, but if I can buy it back between $21.12 and $20.00, I can actually make a profit on the trade of up to $560.00.
Rolled: five 15 SEP BABA 135/155 Inverted Strangles @$3.16
Total Credit: $1,580.00
Total Commissions/Fees: $13.20
Balance: $52,156.35
Thursday, August 10, 2017
New Opening Trade - 15 SEP XLE 64/64.5/65.5 Ratio Spread [Closed]
Opening Trade
Sold: five 15 SEP XLE 64/64.5/65.5 Ratio Spread @$0.83
Total Credit: $415.00
Total Commissions/Fees: $17.18
Balance: $50,589.55
Sold: five 15 SEP XLE 64/64.5/65.5 Ratio Spread @$0.83
Total Credit: $415.00
Total Commissions/Fees: $17.18
Balance: $50,589.55
Tuesday, August 8, 2017
Closing Trade - 18 AUG RUT 1440 Put Calendar
Closing Trade [Opening Trade]
Sold: five 18 AUG RUT 1440 Put Calendars @$11.66
Total Credit: $5,830.00
Total Commissions/Fees: $3.57
Balance: $50,191.73
Trade P/L: $513.03
YTD Realized P/L: $8,448.56
YTD ROC: 26.2%
Sold: five 18 AUG RUT 1440 Put Calendars @$11.66
Total Credit: $5,830.00
Total Commissions/Fees: $3.57
Balance: $50,191.73
Trade P/L: $513.03
YTD Realized P/L: $8,448.56
YTD ROC: 26.2%
Wednesday, August 2, 2017
New Opening Trade - 15 SEP XOP 30/31/32 Ratio Spread [Closed]
Opening Trade
Putting on an XOP ratio spread for a credit of $0.16. This trade has no risk to the upside because it was done for a credit, and has a max profit of $580.00 (distance between the long strike and short strike plus the credit received = ($1+$0.16) x 5 x 100 = $580.00). Ratio spreads can be put on for a credit because you're selling more contracts than you're buying, in this case 2:1.
Sold: five 15 SEP XOP 30/31/32 Ratio Spreads @$0.16
Total Credit: $80.00
Total Commissions/Fees: $17.19
Balance: $44,365.30
Putting on an XOP ratio spread for a credit of $0.16. This trade has no risk to the upside because it was done for a credit, and has a max profit of $580.00 (distance between the long strike and short strike plus the credit received = ($1+$0.16) x 5 x 100 = $580.00). Ratio spreads can be put on for a credit because you're selling more contracts than you're buying, in this case 2:1.
Sold: five 15 SEP XOP 30/31/32 Ratio Spreads @$0.16
Total Credit: $80.00
Total Commissions/Fees: $17.19
Balance: $44,365.30
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