Dec 032014
 

– SOLD STRANGLE RIG 100 JAN 15 23/16 CALL/PUT @1.03
Looking for RIG to consolidate after this big drop. POP of around %70. Neutral bias and I’m just going to try and capitalize on volatility contraction.

 

12/9/14 – SOLD DIAGONAL RIG 100 FEB 15/JAN 15 14/16 PUT @.09
Rolled it!
12/11/14 – BOT RIG 100 JAN 15 23 CALL @.23
Bought the Call leg back.
12/30/14 – BOT RIG 100 FEB 15 14 PUT @.52
Closed the rest.

The commissions killed me on this trade. %.01 profit after commissions. At least it wasn’t a loser.  =)

DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!