EEM – 10/12/18 – Iron Condor This was a hedge trade I had on a Diagonal that was losing money. I wanted to try and take advantage of EEM moving into a sideways range after a move down and use that premium to help my Diagonal. I entered this Iron Condor with EEM trading at […]
Category: ActualTrades
COST – 10/8/18 – Iron Condor
COST – 10/8/18 – Iron Condor I liked the price action on COST and was able to get a pretty good premium (or at least I initially though so) with Implied Volatility at 34.04 so I decided to go with an Iron Condor. On 10/8 with COST trading at 223.27 I sold the 11/16 $240 […]
TLT – 10/2/18 – Broken Wing Iron Condor
TLT – 10/2/18 – Broken Wing Iron Condor I started this trade with TLT trading at $116.98 and took a no upside risk trade using the Broken Wing Iron Condor strategy. TLT however did not cooperate. On 10/2 I sold the 11/16 $115 Call and purchased the $116 Call. I also sold the $115 Put […]
NKE – 10/2/18
NKE – 10/2/18 – Iron Condor NKE had a big earnings Implied Volatility drop after earnings but still looked pretty good for an Iron Condor. I could have gotten more premium trading before earnings but there is a huge risk doing that, which is why you get more premium. On 10/2 I sold the 11/16 […]
EWZ – 9/28/19 – Iron Condor
EWZ – 9/28/18 – Iron Condor Looking to stay active I decided on an Iron Condor in EWZ on 9/28. Implied Volatility was at 79 and coming down from 100 so there was good premium still to be had. With EWZ trading at $34.14 I sold the 11/16 $40 Call and purchased the $43 Call. […]
CRM 9/28/18 Iron Condor
CRM – 9/28/18 – Iron Condor I have always struggling trading CRM, not sure why I keep trying. The return here looked pretty good, I guess that is one reason I keep trying to trade it. On 9/28 I entered into a 11/16 Iron Condor selling the $175 Call and purchasing the $180 Call. I […]
TLT 9/25/18 Broken Wing Iron Condor
TLT – 09/25/18 – Broken Wing Iron Condor I got on a little bit of a habit of placing these Broken Wing Iron Condors during this time period. Great if you are expecting the market to move a certain direction, but don’t over do them. If the market suddenly changes on you and you are […]
IYR 9/24/18 Broken Wing Iron Condor
IYR – 09/24/18 – Broken Wing Condor I decided to place a Broken Wing Condor in IYR after a move down with no risk to the upside. I felt it had its run down and now was due for a rebound. Turns out I was wrong, that is the problem with trying to pick a […]
XOP 9/24/18 Broken Wing Iron Condor
XOP – 9/24/18 – Broken Wing Iron Condor XOP was trading at $43.22 and I thought a move down or a sideways move was the most likely outcome over the next month or so. I entered this trade with no downside risk and an upside break even of $45.57. When I entered this one Implied […]
PBR – 9/20/18 – Iron Condor
PBR – 09/20/18 – Iron Condor On 9/20 we decided to place an Iron Condor in PBR with its Implied Volatility at 63.04. Our initial trade probability was 75.67% which was better than normal for these types of trades, so we figured what could go wrong? With PBR at $11.29 we sold the 11/2/18 […]
