IRA – JAN10 DIA Spread CLOSED
November 25th, 2009, 3:31 pm EST. Posted under Individual Retirement Account (IRA) by ThetaTrader.
Post Tags: , CLOSED, DIA
12/16/2009 – ThetaOptions IRA Portfolio - DIA JAN PUT Adjustment
Today we are going to move all (5) of our JAN 98 PUT contracts up three strikes by selling (4) DEC quaterlys.
Filled Orders:
Buy To Close: (5) Dec 09 98 Puts – 0.02 debit
Buy To Open: (5) Jan10 101/98 Bear Put Spread – 0.45 debit
Sell To Open: (4) Dec 09 Qtr 101 Puts – 0.42 credit
Position: The $1800 margin is from the JAN 91/84 Put Spread verticals
December 16th, 2009 at 3:06 pm
We bought back the DEC 98 Short Puts for 0.02 debit
Filled Order:
BOT +5 DIA 100 DEC 09 98 PUT @.02
December 16th, 2009 at 3:53 pm
JAN PUT adjustment -
Filled Order:
We’re moving the JAN 98’s PUTs up to the 101 & we’re paying for it with (4) DEC Quarterlys, which has (15) days left to expiration.
Filled Orders:
BOT +5 VERTICAL DIA 100 JAN 10 101/98 PUT @.45
SOLD -4 DIA 100 (Quarterlys) DEC5 09 101 PUT @.42
Note:
We’re leaving (1) JAN 101 PUT uncovered.
January 11th, 2010 at 1:14 pm
01/11/2010 – Trade Adjustment
Changing the BEAR PUT spread into a Broken Wing Butterfly. We will let this trade expire worthless if the DIA finishes above 105 by Friday.
January 14th, 2010 at 11:00 am
01/14/2010 – Trade Adjustment
We’re taking a chance & buying (2) 106 PUTs for 0.15 debit.
In addition we have a day order to sell the (2) 105’s for 0.18 credit
January 15th, 2010 at 11:59 am
01/15/2010 – Filled Closing Order
Wow, how exciting….we made 100% return on investment on our DIA 106 gamble from yesterday. A whole $30 profit!
Filled Order:
SOLD -2 DIA 100 JAN 10 106 PUT @.33 credit
Note: We still have (2) 105 Put’s…maybe we can sell those for 0.10 credit today.