SPY/MNX Trade Update for Nov 20, 2009, XLV update
on Nov 20, 2009 in Trades SPY Short Straddle MNX Long Straddle Summary 8 MNX @ 13.70 Currently 11.625 = 8 * 100 * -2.075 = -$1660 -14 SPY @ 8.10 Currently 7.00 = -14 * 100 * -1.100 = +$1540 TOTAL UNREALIZED LOSS IS (excluding commissions) -$120 Discussion...

Option 911 Video Tip of the Week – Common mistake with the bid and ask size
on Nov 20, 2009 in Video Page is loading…See http://www.option911.com/ for the video. var so = new SWFObject('/player.swf','mpl','451','338','9'); so.addParam('allowfullscreen','true'); so.addParam('allowscriptaccess','always'); so.addParam('wmode','opaque');...

SPY/MNX Trade Update for Nov 19, 2009
on Nov 19, 2009 in Trades SPY Short Straddle MNX Long Straddle Summary 8 MNX @ 13.70 Currently 12.15 = 8 * 100 * -1.000 = -$1240 -14 SPY @ 8.10 Currently 7.35 = 14 * 100 * -0.290 = +$1050 TOTAL UNREALIZED LOSS IS (excluding commissions) -$190 Discussion...

SPY/MNX Trade Update for Nov 18, 2009
on Nov 18, 2009 in Trades SPY Short Straddle MNX Long Straddle Summary 8 MNX @ 13.70 Currently 12.70 = 8 * 100 * -1.000  = -$800 -14 SPY @ 8.10 Currently 7.81 = 14 * 100 * -0.290  = +$406 TOTAL UNREALIZED LOSS IS (excluding commissions) -$394 Discussion...

SPY/MNX Trade Update for Nov 17, 2009
on Nov 17, 2009 in Trades Summary 8 MNX @ 13.70 currently 13.25 = 8 * 100 * -0.275 = -$360 -14 SPY@ 8.10 currently 7.925 = 14 * 100 * -0.025 = +$245 TOTAL UNREALIZED LOSS IS -$115 (excluding commissions) Discussion SPY 111.33 +0.12 MNX 181.22 +0.46 VIX 22.41 -0.48 V...

SPY/MNX Trade Update for Nov 16, 2009
on Nov 16, 2009 in Trades Summary 8 MNX @ 13.70 currently 13.425 = 8 * 100 * -0.275 = -$220 14 SPY@ 8.10 currently 8.125 = 14 * 100 * -0.025 = -$35 TOTAL UNREALIZED LOSS IS -$255 (excluding commissions) Discussion SPY 111.21 +1.59 MNX 180.76 +1.90 VIX 22.89 -0.47 V...

How to Select a Negative Vega Trade Strategy Based On Implied Volatility Spikes
on Nov 16, 2009 in Option Education When I am mentoring, the most common question I get is: “Implied volatility has done (insert action). What trade do you think I should put on here???” I will also have students say: “The market moved (insert amount) in the last week, what ki...

SPY/MNX Trade Update and Trade Plan for Nov 13, 2009
on Nov 13, 2009 in Trades As promised I wanted to quickly go over my trade plan. As described last time I am only trying to make about 2 points of implied volatility between the VXN rallying, the VIX falling or a combination of both. Trade Details My total Vega swapped on...

Option 911 Video Tip of the Week – The Best time to get your trades executed
on Nov 13, 2009 in Video Page is loading…See http://www.option911.com/ for the video. var so = new SWFObject('/player.swf','mpl','451','338','9'); so.addParam('allowfullscreen','true'); so.addParam('allowscriptaccess','always'); so.addParam('wmode','opaque');...

TradeMonster Special Offer to the Option911 Community
on Nov 12, 2009 in Brokers I will begin using tradeMonster’s new analytics to display all of the trades I enter. While they are an official sponsor, it will not affect the quality, content, or honesty of Option 911. Special Offer for the Option911 Community If you typ...