121105 Weeklys Trade
Monday, Nov 5, 2012
I think I’ll skip the pre-election trade and wait until Wed.
Nov 7
8:38 Trade made
RUT = 814
RVX 21.34
Option deltas: 13 and 11
790/795P; 830/835C. Credit 75 cents. Bid/ask was 0.45 to 1.15
Plan is to exit with a gain of 35 to 40 cents.
Nov 8
8:37 am. Market flat.
Short put delta is 18 (RUT = 804).
For now, holding.
10:19 am
Problem: Have an outside appointment.
Hate to cover. Hate to leave it unattended.
Let’s assume anyone who owns this position will treat it with respect.
12:26 PM
I’m back and it cost a whole lot to go out.
RUT under 796
Paid 1.80. Not happy