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Diversified Option Selling Portfolio
Started:September 6th, 2015 (11:22 AM) by myrrdin Views / Replies:26,225 / 581
Last Reply:December 2nd, 2016 (01:20 PM) Attachments:38

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Diversified Option Selling Portfolio

Old May 23rd, 2016, 09:11 AM   #221 (permalink)
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Got out of the Cocoa trade with a small profit of approx. 15 %. Fundamentals (supply & demand date) are more bearish now.

Best regards, Myrrdin

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Old May 24th, 2016, 03:08 AM   #222 (permalink)
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Bought back the Gold puts at +/- 0, and some ES puts at a profit of 30 - 50 %. Uncertainty about a rate hike might cause large moves and high volatility, which again might yield good entry points. Thus, I reduced the number of open trades.

Intend to re-enter these markets.

Best regards, Myrrdin

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Old May 24th, 2016, 03:22 AM   #223 (permalink)
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myrrdin View Post
Bought back the Gold puts at +/- 0, and some ES puts at a profit of 30 - 50 %. Uncertainty about a rate hike might cause large moves and high volatility, which again might yield good entry points. Thus, I reduced the number of open trades.

Intend to re-enter these markets.

Best regards, Myrrdin

I just want to ask about volatility: where you look for vol chart?

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Old May 24th, 2016, 05:08 AM   #224 (permalink)
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uuu1965 View Post
I just want to ask about volatility: where you look for vol chart?

I get volatility charts from MRCI. They provide charts for historical and implied volatility for a large number of commodities, including longtime charts and seasonals.

Their main topic is seasonals for futures and future spreads.

In my opinion MRCI is a very valuable site for option sellers. Price is very reasonable, and, as far as I know, you can get a free test for some weeks.

Best regards, Myrrdin

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Old May 24th, 2016, 12:28 PM   #225 (permalink)
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Futures Edge on FIO
Took 65 % profit on the Coffee calls. I intend to sell again at higher level if given the chance.

The options expire in August, and it would have been a long time for only a small part of the potential profit.

Best regards, Myrrdin

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Old May 31st, 2016, 12:03 PM   #226 (permalink)
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Sold the CLV C65.

Volatility should come down after the OPEC meeting this week.

Intend to hold the position until a close above $55.

Best regards, Myrrdin

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Old May 31st, 2016, 03:16 PM   #227 (permalink)
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Bought the NGV C2.7, and sold the NGV C2.8 and NGV 2.9 to achieve a moderate short position. Together with the corresponding long positions, the result is kind of a conservative strangle.

The position is profitable below 3.0 at the expiry of the October contract.

Best regards, Myrrdin

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Old June 1st, 2016, 12:14 PM   #228 (permalink)
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Sold the GCV P1100.

Best regards, Myrrdin

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Old June 1st, 2016, 01:03 PM   #229 (permalink)
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Bought the NGV C2.8, and sold the NGV C2.9 and NGV 3.0 to achieve a moderate short position. Together with the corresponding long positions, the result is kind of a conservative strangle.

The position is profitable below 3.1 at the expiry of the October contract.

Bought back the August NG put position at a profit of almost 100 %.

Best regards, Myrrdin

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Old June 2nd, 2016, 11:20 AM   #230 (permalink)
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With a big supply to absorb later this year, December hog prices should not move much higher.

Sold the LHZ C68 for 2.00.

Best regards, Myrrdin

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