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Diversified Option Selling Portfolio


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Diversified Option Selling Portfolio

  #31 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651


myrrdin View Post
Bought back USZ C160 with a profit of 24 %. Intend to sell USZ or USH calls again in the high 150s.

Best regards, Myrrdin

Back in the Bonds call trade, selling the USZ C170 at 0.17 . In my opinion, the upside is limited. Intend to hold the spread until a close above 160.

Best regards, Myrrdin

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  #32 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651

Sold the SF C9, and intend to hold it until a close above 9.

For the US, I expect a gain in September until final yield, which will overcompensate possible acreage losses. Furthermore, supply from other countries is rising consistently. Chinese buying during the visit of their President in the US should be priced in.

Harvest pressure should increase soon.

Best regards, Myrrdin

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  #33 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651



myrrdin View Post
Back in the Bonds call trade, selling the USZ C170 at 0.17 . In my opinion, the upside is limited. Intend to hold the spread until a close above 160.

Best regards, Myrrdin

Bought back USZ C170 for a profit of 23 %.

Best regards, Myrrdin

Started this thread Reply With Quote
  #34 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651

Current positions of my option selling portfolio:


CH P340
CH C500
WH C600-800
BOH P24
SF C9

LHZ C75

SIH P14

CLZ C60-75
CLZ P35-25
CLF C60-75
NGZ C4.3
NGZ P2.25-2.18

I intend to buy back the CLZ strangle, and sell CLF P30 on a move down of the outright price.

Best regards, Myrrdin

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  #35 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651


myrrdin View Post
Sold the SF C9, and intend to hold it until a close above 9.

For the US, I expect a gain in September until final yield, which will overcompensate possible acreage losses. Furthermore, supply from other countries is rising consistently. Chinese buying during the visit of their President in the US should be priced in.

Harvest pressure should increase soon.

Best regards, Myrrdin

Bought back SF C9 for a small profit.

I am currently careful selling options in the grains & beans, as the October USDA report is approaching. This report is known for causing potentially large moves.

I am also considering buying back my corn & wheat options for the same reason.

Best regards, Myrrdin

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  #36 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651

Sold a small lot (1/3 of normal lot size) of the ESZ P1300 at 3.5 yesterday before the close. Entered further orders at 5 and 6.5 to achieve a regular lot size in case the ES moves downwards towards its lows.

Best regards, Myrrdin

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  #37 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651


myrrdin View Post
I intend to buy back the CLZ strangle, and sell CLF P30 on a move down of the outright price.

Bought back the CLZ strangle (profit 17 % / 81 % for puts / calls), and sold the CLF P30 to now hold a strangle in the January contract.

Best regards, Myrrdin

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  #38 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651


myrrdin View Post
Current positions of my option selling portfolio:


CH P340
CH C500
WH C600-800
BOH P24
SF C9

LHZ C75

SIH P14

CLZ C60-75
CLZ P35-25
CLF C60-75
NGZ C4.3
NGZ P2.25-2.18

Bought back the NGZ C4.3 with a profit of 82 %.

Best regards, Myrrdin

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  #39 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651

Added to the bean oil position, selling the BOH6 P26.

El Nino hurts palm oil increasingly, and, thus, prices for bean oil should not move downwards from current very low levels.

Best regards, Myrrdin

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  #40 (permalink)
 myrrdin 
Linz Austria
 
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651


Sold again Live Cattle puts: LCG6 P120.

I am convinced that quarters end contributes to the severely lower prices today, and that the lows of today will hold.

Best regards, Myrrdin

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Last Updated on May 26, 2022


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