121015 Weeklys Trade

8:32 am

RUT = 825.29
RVX = 18.81

Order entered.
80 cents credit; 10 lots

800/805P; 845/850C. Slightly off delta

8:34 am

Reduced to 75 cents.

8:36 am

Cancelled order with OptionsHouse and switched to IB. Trying to get 80 cents.
Market was 50 cents to $1.20.

Then reduced to 75 cents.
Not filled.

8:40am; RUT = 825.09

Cancelled and replaced with:

805/810P; 840/845C
10 lots
Credit $1.25. Filled.
Deltas: 21P and 16C

Oct 16

10:34 am

Bidding 5 cents for put spread. Will raise to 10 cents if filled on order below:

Bidding 50 cents to roll down the call spread by 5-points: (Bidding for 840/845 spread concurrent with the sale of the 845/850 call spread; 50 cents debit). In other words, I am bidding 50 cents for the call butterfly.

Noon

Butterfly bid cancelled.

after the close

Remaining short the 34 delta calls.
The only attractive trades were to cover 2 or 3 of the short call spreads or to exit. I chose to do neither.

This is not ideal for the conservative trader.

Oct 18

9:03 am RUT 839. EXIT, took loss

Details to follow in a video.

11:24 am

Covered put spread at 5 cents

4 Responses to “121015 Weeklys Trade”


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