There are few open positions which I would like to comment:-
Continue reading “Weekend update on XLE, SPY & WYNN”
Month: February 2016
Introducing Option Strategies
This is the option chain
Pictorial representation of the option strategy (label)
Real Deal – Feb 2016 #6 (WYNN – Bear Call Spread)
Feb 2016 #6 (WYNN – Bear Call Spread)
Placed an order (WYNN Bear Call Spread) yesterday and the order get filled while I was sleeping. SPY Bear Call Spread, 24 DTE and capture $1.92 ($192 per options contract) premium. Options detail as per the screenshot below. Continue reading “Real Deal – Feb 2016 #6 (WYNN – Bear Call Spread)”
WYNN – another option strategy trades get filled!
I got my option strategy trades filled while I was sleeping. It is a slight bearish strategy. I will do a write up this evening/night after my badminton session! Can’t do that without assessing my laptop now.
Continue reading “WYNN – another option strategy trades get filled!”
Real Deal – Feb 2016 #5 (WMT – Close Position +52.1% in 4 months)
I intend to free up margin for other opportunity hence I close out WMT that I initiated last year. I bought WMT LEAPS and subsequently I sold 2 short term calls against it.
Continue reading “Real Deal – Feb 2016 #5 (WMT – Close Position +52.1% in 4 months)”
Toto Hongbao Jackpot- The game of probability
It has been an interesting 1-2weeks where almost everyone on the street talked about the $13.9m (USD$9.9m) toto grand prize. Most of my colleagues and friends asked if I have bought the ‘ticket to financial freedom’. Continue reading “Toto Hongbao Jackpot- The game of probability “
Real Deal – Feb 2016 #4 (SPY – Bear Call Spread)
Feb 2016 #4 (SPY – Bear Call Spread)
Placed an order (SPY Bear Call Spread) yesterday and the order get filled while I was sleeping. SPY Bear Call Spread, 29 DTE and capture $1.92 ($192 per options contract) premium. Options detail as per the screenshot below.
Continue reading “Real Deal – Feb 2016 #4 (SPY – Bear Call Spread)”
Real Deal – Feb 2016 #3 (XLE – Bear Call Spread)
Feb 2016 #3 (XLE – Bear Call Spread)
Enter XLE Bear Call Spread, 29 DTE and capture $0.82 ($82 per options contract) premium. Options detail as per the screenshot below.
Continue reading “Real Deal – Feb 2016 #3 (XLE – Bear Call Spread)”
Real Deal – Feb 2016 #1 (AAPL – Bull Put Spread) – Update +17.95% return in 7 days
AAPL credit spread is closed with $0.70 premium captured ($70 per options contract)
Return On Margin = 0.70/(5-1.1) * 100% = 17.95% return in 7 days. Not a bad result!
Real Deal – Feb 2016 #2 (USO – Rollover Covered Call)
In order to explain the trade that I intend to enter today, I would need to show my previous position in USO (US Oil ETF). The below screenshot illustrates my existing position:-
Continue reading “Real Deal – Feb 2016 #2 (USO – Rollover Covered Call)”
Lifestyle Options Trader 