by Tom Nunamaker | Sep 12, 2014 | Options trading, Trading
The EURUSD is starting to consolidate, which will help our put credit spread position. The short delta is -7.9 so we're in pretty good shape. SPX continues to stay near 2000 which is helping all of the butterfly positions. Over all slight negative delta with good...
by Tom Nunamaker | Sep 11, 2014 | Options trading, Trading
I closed the SPX butterfly expiring this week for a $70 credit ($5 in commissions), so the net was +$1287 in profit. The 6E futures options position is now at a -10 delta with two new contracts added today. Cash at expiration is +$700 but we have nearly two months to...
by Tom Nunamaker | Sep 10, 2014 | Options trading, Trading
The EURUSD had a strong reversal today, gaining back close to 100 pips from the low of the day. The 6E futures options position was morphed into a put credit spread at a lower delta (from -23.5 delta to -9.5 delta). I increased the size 50% to have a net credit at...
by Tom Nunamaker | Sep 5, 2014 | Options trading, Trading
OptionVue Systems International Founder Len Yates joins us on Thursday's Round Table to discuss “OptionVue 7: Features and Models for Earnings.” Len has unique insight into the inner workings of Option Analyais software. He has been coding the OptionVue...
by Tom Nunamaker | Sep 5, 2014 | Options trading, Trading
The EURUSD crashed hard yesterday, down 200 pips. I had to go into defensive mode on the weirdor. Today, EURUSD rallied a little so the price chart is stabilizing for now. SPX continues to go sideways and theta is kicking in. All three of the SPX trades look fine....
