– SOLD STRANGLE APA 100 JAN 15 72.5/57.5 CALL/PUT @1.63
Big IV for Apache. Just got done with a big gap. Looking for a little consolidation and a volatility drop. As the vol drops the options lose their value so I should be able to buy it back cheap for a profit.
12/8/14 – SOLD DIAGONAL APA 100 APR 15/JAN 15 52.5/57.5 PUT @.03
Rolled the puts.
12/18/14 – SOLD DIAGONAL APA 100 APR 15/JAN 15 70/72.5 CALL @2.04
Rolled the calls.
12/30/14 – BOT STRANGLE APA 100 APR 15 70/52.5 CALL/PUT @3.91
I struggled with this one. I didn’t roll this well and just got sick of dealing with it so I pulled it off for a %7 loser after commissions.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!