Monday, February 11, 2008
MAR/APR spy condor/diag (+16%) +$221
2/07/08
bot +1 SPY Diag. -MAR/+APR put -130/+133 @2.33 debit
3/04/08
sold -1 for 3.10
net credit +0.77 (+33%) +$77
2/11/08
sold a ratio condor on SPY for MAR
sold -4 MAR 120/117 PUT @0.33 (2.67 margin X 4)
sold -2 MAR 145/148 CAL @0.32 (2.68 margin X 2)
total risk to the downside is $1,000 to the upside $400
but need to factor in the DIAG trade which softens the downside and diversifies the vega of the overall trade.
Will put an alarm on 142.50 as 145 will need to be an adjustment point.
2/26/08
btc +4 MAR 120/117 PUT @ .08
net credit = +.25 (4 contracts) +$100 / +9%
2/29/08
btc +2 MAR 145/148 CALL vertical @.10 (mark 134.56)
net credit = +.22 (2 contracts) +$44 / +8%
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