Tuesday, July 28, 2009

Today's Trades

GMCR
Sep 45/55, 80/90 Iron Condor, $3 credit
I wanted to do a short strangle but didn't have enough bp so the IC reduced the margin enough to get me in.
IV is up near 80, 10 points up from a week ago and 20 up from a month ago. Needless to say, even the August options are juiced.

WAG
Bought back the Aug 27 put for a dime, .50 profit.

PALM
Bull Call Spread-BOT November 16 call, STO Aug 17.5 call, $1.65 debit

DIN
Bought back the Aug 40 call for .07, still in the 25 put

WHR
Bought back the Dec 35 put for $1, total trade profit was $2.05.
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2 comments:

  1. JustinJuly 28, 2009 at 10:09 AM

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  2. JustinJuly 29, 2009 at 7:45 PM

    GMCR reported AMC today, stock is down over 5 points after-hours. Still well within my 55/80 condor strikes so the IV crush should do it's thing.

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