OPENING: TLT JUNE 16TH 117/MAY 19TH 119.5 PUT DIAGONAL
Getting long bonds here via a net credit diagonal that I filled for a .01 credit.
For diagonals and calendars, there aren't much in metrics to look at, since how much you make will depend on a wide variety of factors (i.e., IV, underlying price movement, etc.):
Theta: 1.02
Delta: 7.24
Notes: The idea here is basically to reduce your cost basis in the long option with the short one. Here, the long cost .50 to contract to put on ... .
For diagonals and calendars, there aren't much in metrics to look at, since how much you make will depend on a wide variety of factors (i.e., IV, underlying price movement, etc.):
Theta: 1.02
Delta: 7.24
Notes: The idea here is basically to reduce your cost basis in the long option with the short one. Here, the long cost .50 to contract to put on ... .
Комментарий:
Covering the 119.5 short put at 50% max for a .26 db, so my scratch point in the setup is now -.25. Will sell the June 2nd 119.5 (27 delta) tomorrow.
Комментарий:
Went with the June 2nd 119 instead; filled for .69. Scratch at .44.
Сделка закрыта вручную:
Covering the 119 short put for a .35 db and the 117 long for a .25 credit (net .10 debit), so .34 gross profit/contract on this little fella. Just taking off stuff in profit where I can before vacation.