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Diversified Option Selling Portfolio
Started:September 6th, 2015 (11:22 AM) by myrrdin Views / Replies:26,348 / 581
Last Reply:December 2nd, 2016 (01:20 PM) Attachments:38

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Diversified Option Selling Portfolio

Old March 2nd, 2016, 11:28 AM   #151 (permalink)
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Bought back the LHJ C76 at approx. 35 %, and added a smaller number of short LHJ C74.

Still think Hog prices will move sidewards for the next couple of weeks.

Best regards, Myrrdin

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Old March 3rd, 2016, 01:12 PM   #152 (permalink)
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myrrdin View Post
Bought back the KCK C150 with a profit of 84 %.

Intend to sell KCN calls on a move higher. Assume coffee prices will move sidewards for a while, as production figures from Brazil look very high.

Best regards, Myrrdin

Sold the KCN C155 on todays bounce (see above).

Best regards, Myrrdin

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Old March 3rd, 2016, 05:25 PM   #153 (permalink)
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Took profit for the LCQ P110 at approx. 70 % of the original value, and "rolled" it into the LCM P126.

Why the LCM instead of the LCQ, although I am a little bit more bullish the LCQ ? After the recent Cattle on Feed-Report the uncertainties for the June contract regarding cattle on feed more or less vanished.

Best regards, Myrrdin

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Old March 7th, 2016, 11:59 AM   #154 (permalink)
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Sold the WN C6.

There is a lot of wheat around the world. Sales from the US are modest at best. Seasonals show the way southwards until end of June in the 5-, 15-, and 30-years pattern.

Wednesday there is the USDA S&D report. I do not expect a bullish surprize for wheat, but traders should be careful going into this report with a large lot of short options.

I do not expect a price of more than $5.25 for July wheat, unless there is a severe (!) weather problem. This is the price region where I place my (mental) stop.

Best regards, Myrrdin

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Old March 9th, 2016, 07:00 AM   #155 (permalink)
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Futures Edge on FIO

Are you a NinjaTrader user?

 
I intend to sell Natural Gas puts, probably the NGM P1.5 . In my opinion, all bad news should be priced in.

Seasonals show upwards in the 5-, 15-, and 26-years time frame. Additionally, 5 years which correlate well with 2016, show the move-up in early March.

According to Hightower, NG price is at a level that makes it interesting for power plants to switch from Coal to Natural Gas.

Current price of the June contract is around 1.9 .

I intend to liquidate the short options on a close below the march low.

Best regards, Myrrdin

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Old March 9th, 2016, 09:28 AM   #156 (permalink)
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I intend to sell Natural Gas puts, probably the NGM P1.5 .

Sold the NGM P1.6 at 0.45 .

Best regards, Myrrdin

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Old March 9th, 2016, 11:26 AM   #157 (permalink)
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Sold the SIN C21 / P12 strangle according to a suggestion of James Cordier in his newsletter, which includes some details on this suggestion.

Best regards, Myrrdin

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Old March 11th, 2016, 02:37 PM   #158 (permalink)
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myrrdin View Post
Sold the NGM P1.6 at 0.45 .

Best regards, Myrrdin

Bought back the NGM C1.6 with a profit of approx. 35 %. Nice trade - closed within two days.

Natural Gas Price can show severe moves on Sunday's opening in case the weather forecast changes during the weekend. And These moves can go againsst you.

Best regards, Myrrdin


Last edited by myrrdin; March 11th, 2016 at 03:04 PM.
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Old March 15th, 2016, 10:07 AM   #159 (permalink)
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myrrdin View Post
Sold the KCN C155 on todays bounce (see above).

Best regards, Myrrdin

Bought back the KCM C150 and KCN C155 at a loss of approx. 50 % and 80 %, respectively. Price of the KCN Futures closed above the stop loss, the high of early February.

On the one hand, short time coffee supply is limited, on the other hand there will probably be a huge coffee crop in Brazil in July.

I intend to sell further coffee calls at a higher price Level.

Best regards, Myrrdin


Last edited by myrrdin; March 15th, 2016 at 10:25 AM.
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Old March 16th, 2016, 12:41 PM   #160 (permalink)
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myrrdin View Post
Bought back the KCM C150 and KCN C155 at a loss of approx. 50 % and 80 %, respectively. Price of the KCN Futures closed above the stop loss, the high of early February.

On the one hand, short time coffee supply is limited, on the other hand there will probably be a huge coffee crop in Brazil in July.

I intend to sell further coffee calls at a higher price Level.

Best regards, Myrrdin

Back in the Coffee trade with half a lot KCU C180. Intend to add at higher prices.

Best regards, Myrrdin

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