Global Options Trades

How do you like to see trades & performance info in Journal threads?

  • I like to open a spreadsheet that I can analyse

    Votes: 0 0.0%
  • I like to read trade info as text within the thread

    Votes: 0 0.0%
  • I have a better idea - I'll reply to the thread or PM you

    Votes: 0 0.0%

  • Total voters
    0
  • Poll closed .

sideways-sid

Active member
127 19
Opened Puts. Oil reversed since Friday whilst AUD replaced trade closed on Thursday.

Security / Ticker: CL
Open Trade Date: 04 February 2019
Trade: Buy to Open
Expiry Date: 15 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 54.50
Direction: Put
Opening Price: 2.04

Security / Ticker: AUD
Open Trade Date: 04 February 2019
Trade: Buy to Open
Expiry Date: 08 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 0.72
Direction: Put
Opening Price: 0.0064
 

jfw215

Member
72 0
Sid,

Thank you for sharing your trading. Can you share a bit more about how you approaching options trading? Perhaps marking up a chart would be helpful.

Best,

J
 

sideways-sid

Active member
127 19
Thanks for posting.

To expand my initial post a bit, trades are opened for one of two reasons - driven by change in direction or expected increase in Volatility.

Directional
A combination of indicators on daily charts (Bollinger Bands, Stochastic oscillator, Moving Averages etc) give me confidence that price direction is changing. I buy AtM options and OotM options for the next month. For OotM, I use historic average movement between peak and trough as the opening price. Most of these expire worthless, but in unusually large price movements, these cheap OotM options provide massive gains. Check oil and SPX trades closed in December for examples.

Volatility
When IV is lower than average and begins to increase, I buy AtM straddles for the next month. It is normal during the life of those options that there will be a price reveral. Closing at that point (with high IV), often produces sufficient profit on one side of the trade to make a profit overall. Sometimes both sides close at a profit. You can see references to these trades earlier in the journal, but the FTSE call closed and shown below is illustrative.

I also sell 6-9month slightly OotM options at reversal points for credit premium so usually end up with a spread. I tend not to include these trades here as those timeframes don't work so well for a forum.

There are six securities for some diversification. Hope this helps.
 

sideways-sid

Active member
127 19
Closed call side of FTSE straddle at a profit.

Security / Ticker: FTSE
Open Trade Date: 28 January 2019
Trade: Sell to Close
Expiry Date: 15 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 6,750
Direction: Straddle
Opening Price: 140.4
Close Trade Date: 07 February 2019
Closing Price: 361.5
Roundtrip P&L: 157.6%

NB Closing price for this trade exceeded the Opening Price for the straddle, so the remaining 6750 Put is effectively free.

Rolling monthly P&L (for a contract size of 1 lot in each security) with no compounding is USD2007.
 

sideways-sid

Active member
127 19
Opened short position on FTSE by Buying Puts.

Security / Ticker: FTSE
Open Trade Date: 07 February 2019
Trade: Buy to Open
Expiry Date: 15 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 7,100
Direction: Put
Opening Price: 119.5
Close Trade Date: 15 March 2019

Security / Ticker: FTSE
Open Trade Date: 07 February 2019
Trade: Buy to Open
Expiry Date: 15 March 2019
At the Money / Out of the Money: OotM
Exercise Price: 6,825
Direction: Put
Opening Price: 26.9
Close Trade Date: 15 March 2019
 

sideways-sid

Active member
127 19
Closed Nikkei225 Puts and DAX30 Puts at a loss.

Security / Ticker: N225
Open Trade Date: 21 January 2019
Trade: Sell to Close
Expiry Date: 07 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 20,750.000
Direction: Put
Opening Price: 520.2
Close Trade Date: 12 February 2019
Closing Price: 220.5
Roundtrip P&L: -57.6%

Security / Ticker: DAX
Open Trade Date: 21 January 2019
Trade: Sell to Close
Expiry Date: 15 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 11,100
Direction: Put
Opening Price: 263.0
Close Trade Date: 12 February 2019
Closing Price: 160.5
Roundtrip P&L: -39.0%

In each case, OotM Puts (N225 19500 and DAX 10400) are trading very cheaply, so with a month to run, there is little point in closing them.

Rolling monthly P&L (for a contract size of 1 lot in each security) with no compounding is USD713.
 

sideways-sid

Active member
127 19
Bought Straddle on DAX as volatility was relatively low.

Security / Ticker: DAX
Open Trade Date: 11 February 2019
Trade: Buy to Open
Expiry Date: 15 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 11,000
Direction: Straddle
Opening Price: 190.5

Security / Ticker: DAX
Open Trade Date: 11 February 2019
Trade: Buy to Open
Expiry Date: 15 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 11,000
Direction: Straddle
Opening Price: 183.8
 

sideways-sid

Active member
127 19
Bought Calls in DAX30 and Nikkei225.

Security / Ticker: DAX
Open Trade Date: 12 February 2019
Trade: Buy to Open
Expiry Date: 15 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 11,200
Direction: Call
Opening Price: 164.9

Security / Ticker: DAX
Open Trade Date: 12 February 2019
Trade: Buy to Open
Expiry Date: 15 March 2019
At the Money / Out of the Money: OotM
Exercise Price: 11,900
Direction: Call
Opening Price: 12.8

Security / Ticker: N225
Open Trade Date: 12 February 2019
Trade: Buy to Open
Expiry Date: 11 April 2019
At the Money / Out of the Money: AtM
Exercise Price: 21,125
Direction: Call
Opening Price: 489.6

Security / Ticker: N225
Open Trade Date: 12 February 2019
Trade: Buy to Open
Expiry Date: 11 April 2019
At the Money / Out of the Money: OotM
Exercise Price: 22,250
Direction: Call
Opening Price: 144.3
 

sideways-sid

Active member
127 19
Closed AUD Mar Puts at a profit.

Security / Ticker: AUD
Open Trade Date: 04 February 2019
Trade: Buy to Open
Expiry Date: 08 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 0.7200
Direction: Put
Opening Price: 0.0064
Close Trade Date: 15 February 2019
Closing Price: 0.0090
Roundtrip P&L: 39.6%

Nikkei 225 19500 Puts expired worthless last week, and DAX 15 Feb 2019 10500 Puts expired worthless on Friday.

Rolling monthly P&L (for a contract size of 1 lot in each security) with no compounding is USD520
 
Last edited:

sideways-sid

Active member
127 19
Bought AUD April Calls.

Security / Ticker: AUD
Open Trade Date: 15 February 2019
Trade: Buy to Open
Expiry Date: 05 April 2019
At the Money / Out of the Money: AtM
Exercise Price: 0.7150
Direction: Call
Opening Price: 0.0081

Security / Ticker: AUD
Open Trade Date: 15 February 2019
Trade: Buy to Open
Expiry Date: 05 April 2019
At the Money / Out of the Money: OotM
Exercise Price: 0.7400
Direction: Call
Opening Price: 0.0012
 

sideways-sid

Active member
127 19
Bought FTSE April Puts.

Security / Ticker: FTSE
Open Trade Date: 19 February 2019
Trade: Buy to Open
Expiry Date: 18 April 2019
At the Money / Out of the Money: AtM
Exercise Price: 7,150
Direction: Put
Opening Price: 145.4

Security / Ticker: FTSE
Open Trade Date: 19 February 2019
Trade: Buy to Open
Expiry Date: 18 April 2019
At the Money / Out of the Money: OotM
Exercise Price: 6,875
Direction: Put
Opening Price: 46.7
Close Trade Date: 18 April 2019
 

sideways-sid

Active member
127 19
Quiet range-bound markets for a couple of weeks on my timeframe, but had a reversal on AUDUSD.

Security / Ticker: AUD
Open Trade Date: 15 February 2019
Trade: Sell to Close
Expiry Date: 05 April 2019
At the Money / Out of the Money: AtM
Exercise Price: 0.7150
Direction: Call
Opening Price: 0.0081
Close Trade Date: 01 March 2019
Closing Price: 0.0045
Roundtrip P&L: -44.9%

Security / Ticker: AUD
Open Trade Date: 15 February 2019
Trade: Sell to Close
Expiry Date: 05 April 2019
At the Money / Out of the Money: OotM
Exercise Price: 0.7400
Direction: Call
Opening Price: 0.0012
Close Trade Date: 01 March 2019
Closing Price: 0.0004
Roundtrip P&L: -71.3%

Rolling monthly P&L (for a contract size of 1 lot in each security) with no compounding is USD1669.
 

sideways-sid

Active member
127 19
And bought Puts to initiate a short position.

Security / Ticker: AUD
Open Trade Date: 01 March 2019
Trade: Buy to Open
Expiry Date: 05 April 2019
At the Money / Out of the Money: AtM
Exercise Price: 0.7050
Direction: Put
Opening Price: 0.0051

Security / Ticker: AUD
Open Trade Date: 01 March 2019
Trade: Buy to Open
Expiry Date: 05 April 2019
At the Money / Out of the Money: OotM
Exercise Price: 0.6850
Direction: Put
Opening Price: 0.0009
 

sideways-sid

Active member
127 19
Closed long Calls on DAX and Nikkei at a profit.

Security / Ticker: DAX
Open Trade Date: 12 February 2019
Trade: Sell to Close
Expiry Date: 15 March 2019
At the Money / Out of the Money: AtM
Exercise Price: 11,200
Direction: Call
Opening Price: 164.9
Close Trade Date: 04 March 2019
Closing Price: 409.1
Roundtrip P&L: 148.1%

Security / Ticker: DAX
Open Trade Date: 12 February 2019
Trade: Sell to Close
Expiry Date: 15 March 2019
At the Money / Out of the Money: OotM
Exercise Price: 11,850
Direction: Call
Opening Price: 16.1
Close Trade Date: 04 March 2019
Closing Price: 28.3
Roundtrip P&L: 75.9%

Security / Ticker: N225
Open Trade Date: 12 February 2019
Trade: Sell to Close
Expiry Date: 11 April 2019
At the Money / Out of the Money: AtM
Exercise Price: 21,125
Direction: Call
Opening Price: 489.6
Close Trade Date: 04 March 2019
Closing Price: 769.3
Roundtrip P&L: 57.1%

Security / Ticker: N225
Open Trade Date: 12 February 2019
Trade: Sell to Close
Expiry Date: 11 April 2019
At the Money / Out of the Money: OotM
Exercise Price: 22,250
Direction: Call
Opening Price: 144.4
Close Trade Date: 04 March 2019
Closing Price: 150.0
Roundtrip P&L: 3.9%

Rolling monthly P&L (for a contract size of 1 lot in each security) with no compounding is USD3066.
 

sideways-sid

Active member
127 19
Initiated short positions in DAX and Nikkei by buying Puts following reversal.

Security / Ticker: DAX
Open Trade Date: 04 March 2019
Trade: Buy to Open
Expiry Date: 18 April 2019
At the Money / Out of the Money: AtM
Exercise Price: 11,550
Direction: Put
Opening Price: 202.2

Security / Ticker: DAX
Open Trade Date: 04 March 2019
Trade: Buy to Open
Expiry Date: 18 April 2019
At the Money / Out of the Money: OotM
Exercise Price: 10,850
Direction: Put
Opening Price: 46.9


Security / Ticker: N225
Open Trade Date: 04 March 2019
Trade: Buy to Open
Expiry Date: 11 April 2019
At the Money / Out of the Money: AtM
Exercise Price: 21,625
Direction: Put
Opening Price: 373.2

Security / Ticker: N225
Open Trade Date: 04 March 2019
Trade: Buy to Open
Expiry Date: 11 April 2019
At the Money / Out of the Money: OotM
Exercise Price: 20,500
Direction: Put
Opening Price: 115.0
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock