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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: dealmakr who wrote (5079)3/17/2012 10:47:15 AM
From: Debt Free  Read Replies (2) | Respond to of 5891
 
Jon, Deal

March ended up being a good month for me but not without some concern and significant gyrations in price involving IOC. At the end of it all, I ended up with 7 of the 8 positions expiring worthless and made a small profit on the 8th. I also now ahead of my ytd goal that I talked about earlier.

Currently have about 20 positions open and looking to open more next week for both April and out. Was on travel this past week so have not had much time to look at what I am wanting to add.

Doug



To: dealmakr who wrote (5079)3/17/2012 8:54:15 PM
From: Robohogs  Read Replies (1) | Respond to of 5891
 
I have too high of exposures and cannot seem to refrain from adding. I have been taking many more long IV trades as of late. On BKS, someone bought the heck out of it in last 30 mins. Moderately high volume day as a result. It has binary coming so will kill exposures quickly. I assume etrade will buy me in if not. I was short 12, 13, and 14 puts and 14 calls. I added the 14 puts (had been short strangles when stock busted 14 to delta hedge). Made more money on that last minute position than I am in the money currently on old position - so have some rope to play. CMG was a winner for me over last 2 weeks - sold put spreads. Who is your broker?

Jon