Category: M-2/11 Credit Spread Fund



We finally closed this spread out for .90 gain! Im tired of rolling it, and we were not going to risk losing it all on a massive recovery towards the end of the week!

Your Order Has Been Submitted
 TOTAL PROFIT 1.90 Credits received – 1.00 Buy to close = .90 Credit Profit! Im happy to move on!
Account – IRA Account

Order Details

You have entered a spread.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Close 7 SPXW Call SPXW Mar 01 2013 1515.00 Call Debit 1.00 Day Order
Leg 2 Sell to Close 7 SPXW Call SPXW Mar 01 2013 1520.00 Call Debit 1.00 Day Order
Quote SPX   1,496.75   8.90 Bid 1,496.43 Ask 1,496.94 Volume 0
SPXW MAR 01 2013 1515 CALL
SPXW MAR 01 2013 1520 CALL
Bid 2.75 1.75
Ask 2.90 1.90
Last 2.85 1.80
Change -0.65 [-18.57%] -0.50 [-21.74%]
Volume 2,675 3,170
Delta 0.22 0.16
Open Int 5,424 10,402
Desc SPXW Mar 01 2013 1515.00 Call SPXW Mar 01 2013 1520.00 Call
Net Quote
Bid
0.85debit
Mid
1.00debit
Ask (natural)
1.15debit

***********************************************************************************************************************************************************************************************************************************

TODAY WE TWEETED OUR EXECUTION ON ANOTHER ROLL THAT WAS DOWN STRIKE LEVELS AND OUT TO MAR1.

THIS TIME WE BOUGHT TO CLOSE THE FEB22 1520/25 BEAR CALL SPREAD, AND SOLD TO OPEN MAR1 1515/20 BEAR CALL SPREAD @ 1.10 CREDIT

THIS BRINGS OUR TOTAL CREDIT RECEIVED TO $1.90 NOW.

BROKEN DOWN:

INITIAL FEB16 1520/25 WAS .65 NET CREDIT RECEIVED,

THEN ROLL FROM FEB16 1520/25 TO FEB22 1520/25 WAS .15 NET CREDIT RECEIVED,

AND FINALLY TODAY, THE ROLL FROM FEB22 1520/25 INTO MAR1 1515/20 WAS 1.10 NET CREDIT RECEIVED.

ALTOGETHER THAT EQUALS OUR $1.90 NET CREDIT RECEIVED SO FAR.

WE MAY STILL ROLL YET AGAIN, IF A FURTHER REASONABLE ADDITIONAL CREDIT OPPORTUNITY PRESENTS ITSELF.

02/20/13 Sold to Open -7 SPX Call

Spx Mar 01 2013 1515.00 Call
SPX Mar 01 2013 1515.00 Call $10.65 $7,451.05
02/20/13 Bought to Close 7 SPX Call

Spx Feb 22 2013 1520.00 Call
SPX Feb 22 2013 1520.00 Call $3.20 -$2,252.71
02/20/13 Sold to Close -7 SPX Call

Spx Feb 22 2013 1525.00 Call
SPX Feb 22 2013 1525.00 Call $1.75 $1,221.19
02/20/13 Bought to Open 7 SPX Call

Spx Mar 01 2013 1520.00 Call
SPX Mar 01 2013 1520.00 Call $8.10 -$5,673.76

FYI, WE ROLLED TODAY, IN CASE THERE IS A RELIEF RALLY TOMORROW WHICH HAPPENED THE LAST TIME SPX BROKE DOWN.

WE RECEIVED A VERY FAVORABLE ROLL, AND HAVE ANOTHER WEEK NOW FOR THE MARKETS TO BREAKDOWN SOME MORE.

AS ALWAYS APOLOGIZE FOR ANY GRAMMATICAL ERRORS MADE, WAS WRITTEN PRETTY QUICK TONIGHT.

*****************************************************************************************************************************************************************************************************

FEB 15 ROLLED 1520/25 BEAR CALL SPREAD

INTO

1520/25 FEB22 BEAR CALL SPREAD @

NET .15 CREDIT

THAT BOUGHT US SOME TIME FOR A CORRECTION.

02/14/13 Sold to Open -7 SPXW Call

Spxw Feb 22 2013 1520.00 Call
SPXW Feb 22 2013 1520.00 Call $7.68 $5,374.69
02/14/13 Bought to Open 7 SPXW Call

Spxw Feb 22 2013 1525.00 Call
SPXW Feb 22 2013 1525.00 Call $5.13 -$3,601.26
02/14/13 Bought to Close 7 SPX Call

Spx Feb 16 2013 1520.00 Call
SPX Feb 16 2013 1520.00 Call $3.12 -$2,194.26
02/14/13 Sold to Close -7 SPX Call

Spx Feb 16 2013 1525.00 Call
SPX Feb 16 2013 1525.00 Call $0.72 $502.69

*****************************************************************************************************************************************************************************************************

OUR M-2/11 MONTHLY CREDIT SPREAD WALKED INTO THIS SPREAD ON THIS RECENT FLASH RUN IN THE SPX.

WE TWEETED TRYING TO GET IN EARLIER TODAY. AS ALWAYS THIS IS JUST TO SHOW WHAT IS GOING ON AND SOME TRADES WE ARE IN.

THE SPX IS RIDING CLOSE TO ITS UPPER BOLLINGER BAND AND 1520 IS WAY ABOVE THE CURRENT BOLLINGER.

TRADE DETAILS BELOW ARE FROM WHEN THE ORDER WAS SUBMITTER EARLIER.

Your Order Has Been Submitted
Account: XXXXXXXXX – IRA Account

Order Details

You have entered a spread.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Open 7 SPX Call SPX Feb 16 2013 1525.00 Call Credit 0.65 Day Order
Leg 2 Sell to Open 7 SPX Call SPX Feb 16 2013 1520.00 Call Credit 0.65 Day Order
Quote SPX   1,466.99   5.97 Bid 1,466.73 Ask 1,467.24 Volume 0
SPX FEB 16 2013 1525 CALL
SPX FEB 16 2013 1520 CALL
Bid 2.10 2.65
Ask 2.60 3.30
Last 2.30 2.95
Change 0.40 [21.05%] 0.40 [15.69%]
Volume 8,745 4,760
Delta 0.11 0.13
Open Int 29,980 17,252
Desc SPX Feb 16 2013 1525.00 Call SPX Feb 16 2013 1520.00 Call
Net Quote
Bid (natural)
0.05credit
Mid
0.63credit
Ask
1.20credit

 

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TODAY WE TWEETED OUR EXECUTION ON ANOTHER ROLL THAT WAS DOWN STRIKE LEVELS AND OUT TO MAR1.

THIS TIME WE BOUGHT TO CLOSE THE FEB22 1520/25 BEAR CALL SPREAD, AND SOLD TO OPEN MAR1 1515/20 BEAR CALL SPREAD @ 1.10 CREDIT

THIS BRINGS OUR TOTAL CREDIT RECEIVED TO $1.90 NOW.

BROKEN DOWN:

INITIAL FEB16 1520/25 WAS .65 NET CREDIT RECEIVED,

THEN ROLL FROM FEB16 1520/25 TO FEB22 1520/25 WAS .15 NET CREDIT RECEIVED,

AND FINALLY TODAY, THE ROLL FROM FEB22 1520/25 INTO MAR1 1515/20 WAS 1.10 NET CREDIT RECEIVED.

ALTOGETHER THAT EQUALS OUR $1.90 NET CREDIT RECEIVED SO FAR.

WE MAY STILL ROLL YET AGAIN, IF A FURTHER REASONABLE ADDITIONAL CREDIT OPPORTUNITY PRESENTS ITSELF.

02/20/13 Sold to Open -7 SPX Call

Spx Mar 01 2013 1515.00 Call
SPX Mar 01 2013 1515.00 Call $10.65 $7,451.05
02/20/13 Bought to Close 7 SPX Call

Spx Feb 22 2013 1520.00 Call
SPX Feb 22 2013 1520.00 Call $3.20 -$2,252.71
02/20/13 Sold to Close -7 SPX Call

Spx Feb 22 2013 1525.00 Call
SPX Feb 22 2013 1525.00 Call $1.75 $1,221.19
02/20/13 Bought to Open 7 SPX Call

Spx Mar 01 2013 1520.00 Call
SPX Mar 01 2013 1520.00 Call $8.10 -$5,673.76

FYI, WE ROLLED TODAY, IN CASE THERE IS A RELIEF RALLY TOMORROW WHICH HAPPENED THE LAST TIME SPX BROKE DOWN.

WE RECEIVED A VERY FAVORABLE ROLL, AND HAVE ANOTHER WEEK NOW FOR THE MARKETS TO BREAKDOWN SOME MORE.

AS ALWAYS APOLOGIZE FOR ANY GRAMMATICAL ERRORS MADE, WAS WRITTEN PRETTY QUICK TONIGHT.

*****************************************************************************************************************************************************************************************************

FEB 15 ROLLED 1520/25 BEAR CALL SPREAD

INTO

1520/25 FEB22 BEAR CALL SPREAD @

NET .15 CREDIT

THAT BOUGHT US SOME TIME FOR A CORRECTION.

02/14/13 Sold to Open -7 SPXW Call

Spxw Feb 22 2013 1520.00 Call
SPXW Feb 22 2013 1520.00 Call $7.68 $5,374.69
02/14/13 Bought to Open 7 SPXW Call

Spxw Feb 22 2013 1525.00 Call
SPXW Feb 22 2013 1525.00 Call $5.13 -$3,601.26
02/14/13 Bought to Close 7 SPX Call

Spx Feb 16 2013 1520.00 Call
SPX Feb 16 2013 1520.00 Call $3.12 -$2,194.26
02/14/13 Sold to Close -7 SPX Call

Spx Feb 16 2013 1525.00 Call
SPX Feb 16 2013 1525.00 Call $0.72 $502.69

*****************************************************************************************************************************************************************************************************

OUR M-2/11 MONTHLY CREDIT SPREAD WALKED INTO THIS SPREAD ON THIS RECENT FLASH RUN IN THE SPX.

WE TWEETED TRYING TO GET IN EARLIER TODAY. AS ALWAYS THIS IS JUST TO SHOW WHAT IS GOING ON AND SOME TRADES WE ARE IN.

THE SPX IS RIDING CLOSE TO ITS UPPER BOLLINGER BAND AND 1520 IS WAY ABOVE THE CURRENT BOLLINGER.

TRADE DETAILS BELOW ARE FROM WHEN THE ORDER WAS SUBMITTER EARLIER.

Your Order Has Been Submitted
Account: XXXXXXXXX – IRA Account

Order Details

You have entered a spread.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Open 7 SPX Call SPX Feb 16 2013 1525.00 Call Credit 0.65 Day Order
Leg 2 Sell to Open 7 SPX Call SPX Feb 16 2013 1520.00 Call Credit 0.65 Day Order
Quote SPX   1,466.99   5.97 Bid 1,466.73 Ask 1,467.24 Volume 0
SPX FEB 16 2013 1525 CALL
SPX FEB 16 2013 1520 CALL
Bid 2.10 2.65
Ask 2.60 3.30
Last 2.30 2.95
Change 0.40 [21.05%] 0.40 [15.69%]
Volume 8,745 4,760
Delta 0.11 0.13
Open Int 29,980 17,252
Desc SPX Feb 16 2013 1525.00 Call SPX Feb 16 2013 1520.00 Call
Net Quote
Bid (natural)
0.05credit
Mid
0.63credit
Ask
1.20credit

As your agreemen

DISCLAIMER OF WARRANTIES AND LIABILITY – WE ARE NOT AN INVESTMENT SERVICE OR NEWSLETTER

THIS SITE IS NOT AN INVESTMENT SERVICE,  NEWSLETTER,  NOR DOES IT INTENTIONALLY RECOMMEND OR INSTRUCT ANYONE TO FOLLOW ANY TRADES OR IDEAS POSTED ON THIS INFORMATIONAL BLOG.

OUR TRADE ALERTS ARE FREE ALERTS SENT OUT TO SHOW WHAT WE ARE TRYING, OR HAVE EXECUTED INTO.

The trades or ideas posted on this Blog 3ddhedgeinvestments.wordpress.com are posted to show certain, but not all, trades performed or attempted to be performed in my own Brokerage accounts.

Options involve risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade options, and must meet suitability requirements.

All investors are advised to conduct their own independent research into individual stocks and options before making a purchase decision.

Past results of any trades are not necessarily indicative of future performance.

Due to the time critical nature of options trading, brokerage fees, 3ddhedgeinvestments cannot guarantee that other traders will or would mirror the exact performance stated about closed trades. Performance numbers shown are based on actual trades, and may be rounded for simplicity.

In no event shall 3ddhedgeinvestments be liable for direct, indirect, or incidental damages resulting from the use of the information provided on this Blog. Remember this is merely an educational informational blog that shows trades executed, or trade ideas that I’m trying to attempt.

3ddhedgeinvestments shall be indemnified and held harmless from any actions, claims, proceedings, or liabilities with respect to the information and its use.

This Agreement is personal to you, and you may not assign your right or obligations to anyone. If any provision of this Agreement is invalid or unenforceable under applicable law, the remaining provisions will continue in full force and effect.

Basically to sum it up:

This site is for informational purposes only. This is a site that will provide you with my trade ideas  that I am contemplating performing or trying to execute. If you decide to perform the trade(s) as well, it is at your own risk, and I am not liable for losses of any kind that may result, as we are not an Investment Newsletter or Service.

Trade Carefully!

Creditspread23

3ddHedgeInvestements


OUR M-2/11 MONTHLY CREDIT SPREAD WALKED INTO THIS SPREAD ON THIS RECENT FLASH RUN IN THE SPX.

WE TWEETED TRYING TO GET IN EARLIER TODAY. AS ALWAYS THIS IS JUST TO SHOW WHAT IS GOING ON AND SOME TRADES WE ARE IN.

THE SPX IS RIDING CLOSE TO ITS UPPER BOLLINGER BAND AND 1520 IS WAY ABOVE THE CURRENT BOLLINGER.

TRADE DETAILS BELOW ARE FROM WHEN THE ORDER WAS SUBMITTER EARLIER.

 

Your Order Has Been Submitted
Account: XXXXXXXXX – IRA Account

Order Details

You have entered a spread.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Open 7 SPX Call SPX Feb 16 2013 1525.00 Call Credit 0.65 Day Order
Leg 2 Sell to Open 7 SPX Call SPX Feb 16 2013 1520.00 Call Credit 0.65 Day Order
Quote SPX   1,466.99   5.97 Bid 1,466.73 Ask 1,467.24 Volume 0
SPX FEB 16 2013 1525 CALL
SPX FEB 16 2013 1520 CALL
Bid 2.10 2.65
Ask 2.60 3.30
Last 2.30 2.95
Change 0.40 [21.05%] 0.40 [15.69%]
Volume 8,745 4,760
Delta 0.11 0.13
Open Int 29,980 17,252
Desc SPX Feb 16 2013 1525.00 Call SPX Feb 16 2013 1520.00 Call
Net Quote
Bid (natural)
0.05credit
Mid
0.63credit
Ask
1.20credit

As your agreemen

 

DISCLAIMER OF WARRANTIES AND LIABILITY – WE ARE NOT AN INVESTMENT SERVICE OR NEWSLETTER

THIS SITE IS NOT AN INVESTMENT SERVICE,  NEWSLETTER,  NOR DOES IT INTENTIONALLY RECOMMEND OR INSTRUCT ANYONE TO FOLLOW ANY TRADES OR IDEAS POSTED ON THIS INFORMATIONAL BLOG.

OUR TRADE ALERTS ARE FREE ALERTS SENT OUT TO SHOW WHAT WE ARE TRYING, OR HAVE EXECUTED INTO.

The trades or ideas posted on this Blog 3ddhedgeinvestments.wordpress.com are posted to show certain, but not all, trades performed or attempted to be performed in my own Brokerage accounts.

Options involve risk. Prior to buying or selling an option, an investor must receive a copy of Characteristics and Risks of Standardized Options. Investors need a broker to trade options, and must meet suitability requirements.

All investors are advised to conduct their own independent research into individual stocks and options before making a purchase decision.

Past results of any trades are not necessarily indicative of future performance.

Due to the time critical nature of options trading, brokerage fees, 3ddhedgeinvestments cannot guarantee that other traders will or would mirror the exact performance stated about closed trades. Performance numbers shown are based on actual trades, and may be rounded for simplicity.

In no event shall 3ddhedgeinvestments be liable for direct, indirect, or incidental damages resulting from the use of the information provided on this Blog. Remember this is merely an educational informational blog that shows trades executed, or trade ideas that I’m trying to attempt.

3ddhedgeinvestments shall be indemnified and held harmless from any actions, claims, proceedings, or liabilities with respect to the information and its use.

This Agreement is personal to you, and you may not assign your right or obligations to anyone. If any provision of this Agreement is invalid or unenforceable under applicable law, the remaining provisions will continue in full force and effect.

Basically to sum it up:

This site is for informational purposes only. This is a site that will provide you with my trade ideas  that I am contemplating performing or trying to execute. If you decide to perform the trade(s) as well, it is at your own risk, and I am not liable for losses of any kind that may result, as we are not an Investment Newsletter or Service.

Trade Carefully!

Creditspread23

3ddHedgeInvestements


WE ARE ATTEMPTING THIS TRADE AND MAY LOWER IT TO .60 CREDIT, BUT EXPECT A LITTLE MORE OOMPH BY THE END OF THE DAY.

1515 IS ABOVE 5 YEAR HIGHS IN THE SPX AND MORE, AND FEEL WOULD EASILY BE ROLL ADJUSTED IF NECESSARY.

THIS TRADE WILL BE PLACED IN THE MOST CONSERVATIVE OF OUR FUNDS, THE M-2/11 FUND.

IN THAT FUND WE ROLL WHEN WE HAVE TO, UNLIKE PRICELINE WHICH WAS BLOGGED FOR TRANSPARENCY, BUT A MORE RISKY PLAY OUTSIDE OF THE M-2/11 FUND.

IF FILLED, WE WILL PUT CONDOR THIS PLAY IF GIVEN THE RIGHT OPPORTUNTIY.

PLEASE FORGIVE ANY GRAMMATICAL ERRORS, WAS WRITTEN ON THE FLY.

Your Order Has Been Submitted
Account: XXXXXXXXX – IRA Account

Order Details

You have entered a spread.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Open 6 SPXW Call SPXW Feb 01 2013 1520.00 Call Credit 0.65 Day Order
Leg 2 Sell to Open 6 SPXW Call SPXW Feb 01 2013 1515.00 Call Credit 0.65 Day Order
Quote SPX   1,465.04   2.62 Bid 1,464.74 Ask 1,465.26 Volume 0
SPXW FEB 01 2013 1520 CALL
SPXW FEB 01 2013 1515 CALL
Bid 1.90 2.45
Ask 2.35 3.00
Last 2.15 2.70
Change N/A [N/A] N/A [N/A]
Volume 24 62
Delta 0.10 0.13
Open Int 72 0
Desc SPXW Feb 01 2013 1520.00 Call SPXW Feb 01 2013 1515.00 Call
Net Quote
Bid (natural)
0.10credit
Mid
0.60credit
Ask
1.10credit

 


TODAY I ENTERED A TRADE FOR MY WIFE AND I (THATS WHY I MENTION TRADES  AS “WE” AT TIMES) . THE TRADE WAS A CONDOR I PERFORMED ON MY CELLPHONE AND THEREFORE NOT ABLE TO COPY AND PASTE THE DETAILS.

I DID HOWEVER POST ON TWITTER MY GTC ORDER I PLACED , SO THAT MY FOLLOWERS WOULD KNOW TO CONDOR COMPLETE THEIR EXISTING  NDX  BULL PUT PLAY.

WITHOUT FOLLOWING ME, YOU MISSED OUT ON A VALUABLE PLAY. THIS BEAR CALL SPREAD WHICH CONDOR COMPLETED OUR ROLLED DEC. 2450/25 BULL PUT SHOULD LEAD TO A VERY NICE PLAY. —

THE DETAILS OF OUR PLAY WAS AS FOLLOWS—–

WE SOLD 2 CONTRACTS DEC22 2750 CALLS

AND WE BOUGHT 2 CONTRACTS 2775 CALLS

THE TOTAL CREDIT WAS 2.50

*TRANSACTION COPIED AND PASTED HERE AT LATER TIME* *BELOW*

11/23/12 Sold to Open -2 NDX Call

Ndx Dec 22 2012 2750.00 Call
NDX Dec 22 2012 2750.00 Call $5.85 $1.30 $0.06 $1,168.64
11/23/12 Bought to Open 2 NDX Call

Ndx Dec 22 2012 2775.00 Call
NDX Dec 22 2012 2775.00 Call $3.35 $6.25 $0.06 -$676.31

THIS WAS A FAIRLY SAFE ATTEMPT AT A PLAY, IF THINGS GO WRONG WE WILL ADJUST EITHER THE EXISTING BULL PUT OR NEW BEAR CALL SPREAD.

ALTHOUGH NO PROMISES  WILL BE MADE, IF THE MARKETS TAKE OFF TO RETEST THE HIGHS SET A MONTH AGO, WE WILL HAVE AMPLE OPPORTUNITY TO ROLL THE BEAR CALL SIDE IF THE MARKETS GO AGAINST. I WOULD HOWEVER, LIKE TO GIVE THANKS TO @BOOKINGALPHA FOR HIS BLOG POST http://www.bookingalpha.com/site/blog/35-blog/1237-monster-rally-monday THAT BLOG POST HELPED ME TO POSTPONE CONDORING THIS PLAY UNTIL FRIDAY. BOOKINGALPHA WAS PRETTY SPOT ON AND ANYONE WHO ISNT TRADING WITH HIM IS SORELY MISTAKEN, HIS SITE IS HERE http://www.bookingalpha.com/idevaffiliate/idevaffiliate.php?id=105

IF ALL GOES WELL NOW SINCE A MONTH AGO WE WILL HAVE COLLECTED 2.65 PREVIOUSLY, PAID .50 TO ROLL TO DEC ON THE BULL PUT, AND NOW RECEIVED 2.50 FOR THE BEAR CALL MAKES IT TOTAL PREMIUMS 2.65 -.50 +2.50= 4.65 THATS NOT A BAD PREMIUM MY FRIENDS FOR A MONTH OR SO WORK……..

************************************************************************************************************************

IN ORDER TO MITIGATE RISK WE EXECUTED A ROLL DOWN AND OUT TO DECEMBER 2450-25 BULL PUT AT .50 DEBIT. THIS ROLL DOWN TAKES US LOWER 100 POINTS INTO SAFETY FROM OUR CURRENT 2550/25 NOV SPREAD WHICH IS A GREAT THING IN THIS POSITION WE ARE IN.

WE DECIDED TO PULL THIS ROLL WHEN THE MARKET STARTED TO REVERSE COURSE BACK DOWN TODAY. IF CONTINUED DOWN WE WOULD BE EXPOSED TO EXTREME GAMMA RISK.

OUR NET TOTAL CREDIT TAKEN IN ON THE TRADE IS 2.65-.50 ROLL COST FOR CREDIT OF =2.15 NOW STILLTO BE MADE UPON DEC EXPIRY OR CLOSE EARLIER IF POSSIBLE.

I HATE WHEN HAVING TO ROLL BUT THIS WAS THE RIGHT THING TO DO AND SHOULD HAVE BEEN ROLLED A FEW DAYS BACK, BUT I CAN BE STUBBORN AT TIMES. ITS A DETRIMENTAL HABIT I NEED TO WORK ON BREAKING.

Order Details

You have entered a free form.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Close 2 NDX Put NDX Nov 17 2012 2550.00 Put Debit 0.50 Day Order
Leg 2 Sell to Close 2 NDX Put NDX Nov 17 2012 2525.00 Put
Leg 3 Sell to Open 2 NDX Put NDX Dec 22 2012 2450.00 Put
Leg 4 Buy to Open 2 NDX Put NDX Dec 22 2012 2425.00 Put
Quote NDX   2,576.36   -6.41 Bid 0.00 Ask 0.00 Volume 0
NDX NOV 17 2012 2550 PUT
NDX NOV 17 2012 2525 PUT
NDX DEC 22 2012 2450 PUT
NDX DEC 22 2012 2425 PUT
Bid 7.90 3.60 20.80 16.70
Ask 9.00 4.20 21.60 17.50
Last 8.40 3.85 21.30 17.25
Change -0.42 [-4.76%] -0.65 [-14.44%] -0.10 [-0.47%] 0.25 [1.47%]
Volume 3,362 1,823 28 18
Delta -0.29 -0.15 -0.21 -0.18
Open Int 5,859 4,831 1,385 367
Desc NDX Nov 17 2012 2550.00 Put NDX Nov 17 2012 2525.00 Put NDX Dec 22 2012 2450.00 Put NDX Dec 22 2012 2425.00 Put
Net Quote
Bid
1.20credit
Mid
0.45debit
Ask (natural)
2.10debit

***********************************************************************

10/19/2012 12:48PM EST

WITH GOOG IS STILL SHITTING THE BED AND DRAGGING TECHS DOWN IN SYMPATHY PLAYS WITH GOOG. PLEASE REMEMBER WE HAVE BEEN CHANNEL BOUNCING BETWEEN THE BOLLINGER BANDS THE NASDAQ 100 OR THE NDX AND SHOULD CONTINUE THAT PATTERN.

AS OF TODAY WE ARE RIDING EXTREMELY TIGHT ON THE LOWER BOLLINGER BAND.  GRAPH BELOW:

undefined .NDX

*CHART DELETED AFTERWARDS, DIDNT POST RIGHT*

I AM BY NO MEANS SAYING GO LONG AAPL, GOOG, OR ANY OTHER TECHS HERE, BUT THE ODDS ARE WITH US IN THIS PLAY STILL. I SAY THAT BECAUSE THIS IS THE REASON WE CHOSE TO TO OPEN THE STRIKES IN THE PLAY AT THE PREVIOUS LOWER BOLLINGER BAND LEVEL IN AUG12 AROUND THE 2550 LEVEL.

SO, IN CONCLUSION TECHNICALS POINT TO A RELIEF BOUNCE NEXT WEEK, BUT BEWARE, AS WE COULD SEE FURTHER LOSSES IN THE MARKETS OVER THE NEXT FEW WEEKS AFTER THE BOUNCE AS A RESULT OF ALL THE RUN UP WE HAVE HAD OVER THE LAST FEW MONTHS.

WE ARE STAYING IN THIS NDX TRADE FOR NOW, BASED ON THE TECHNICALS POINTING TO A RELIEF BOUNCE.

***********************************************************************

10/10/12 12:59 EST

THE TRADE HAS EXECUTED IN OUR ACCOUNT.

***********************************************************************

10/10/12 12:19 EST

WE HAVE GONE FISHING WITH OUR ORDER IN THIS TODAY.

NDX IS NEARING ITS LOWER BOLLINGER BAND LATELY. THAT IS A LEVEL OF RESISTANCE TO PLAY INTO FOR BULL PUT CREDIT SPREADS. BUT SEEING AS MARKETS TAKE THE ELEVATOR DOWN AND STAIR STEPS UP. WE HAVE PLACED THIS ORDER ALL THE WAY BACK TO THE NEXT LOWEST BOLLINGER BAND LEVEL OF NEAR 2550 LEVEL SET BACK IN AUGUST ’12.

*CHART DELETED AFTERWARDS, DIDNT POST RIGHT*

BECAUSE WE SET IT AT THAT NEXT LOWER LEVEL, IT SHOULD GIVE US QUITE A BIT OF  BREATHING ROOM, SHOULD THE MARKET EXPERIENCE A SIZEABLE CORRECTION BETWEEN NOW AND NOVEMBER EXPIRY.

WE PLAN ON CLOSING THIS TRADE AT .30 OR SO DEBIT ASAP LIKE WE DID ON OUR PREVIOUS NDX BEAR CALL CREDIT SPREAD LAST MONTH.

WE MAY ALSO COMPLETE THIS PLAY BY AN IRON CONDOR AS WELL USING BEAR CALL SPREADS LATER ON.

PS THE QUOTE FOR THE NDX IS CURRENTLY WRONG AS TRADEKING WAS EXPERIENCING QUOTE PROBLEMS.

Order Details

You have entered a spread.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Open 2 NDX Put NDX Nov 17 2012 2525.00 Put Credit 2.65 Day Order
Leg 2 Sell to Open 2 NDX Put NDX Nov 17 2012 2550.00 Put Credit 2.65 Day Order
Quote NDX   2,797.08   N/A Bid 0.00 Ask 0.00 Volume 0
NDX NOV 17 2012 2525 PUT
NDX NOV 17 2012 2550 PUT
Bid 11.50 14.00
Ask 12.10 14.60
Last 12.40 14.80
Change 0.80 [6.90%] 1.15 [8.42%]
Volume 293 284
Delta -0.12 -0.14
Open Int 936 2,019
Desc NDX Nov 17 2012 2525.00 Put NDX Nov 17 2012 2550.00 Put
Net Quote
Bid (natural)
1.90credit
Mid
2.50credit
Ask
3.10credit

FOR THE LONGEST TIME WE HAVE TRIED TO GAME THEY SYSTEM, ONLY TO BE GAMED OURSELVES. IN OPTIONS TRADING, IT IS EASY TO BE LURED INTO GREAT GAINS IN WEEKLY OPTIONS, AND EVEN FRONT MONTH OPTIONS. WHEN I SAY “WE” I MEAN ANY AND ALL OPTION TRADERS THAT DONT HAVE A GAME PLAN. WELL HERE AT 3ddHedge WE HAVE A GAME PLAN!

OUR PHILOSOPHY NOW AND LATELY HAS BEEN SLOW AND STEADY, WE ARE AIMING IN BOTH OF OUR FUNDS, FOR INTERMEDIATE  RELIABLE GAINS. WE HAVE YET TO UNLEASH OUR MOST POWERFUL FUND IN OUR ARSENAL WHICH IS THE CALENDAR SPREAD FUND. IT IS STILL A CONCEPT WE HAVE BEEN PAPER TRADING IN OUR HEAD BEHIND THE SCENES, AND PERFECTING WHICH EQUITY, INDEX, & SUCH TO USE FOR THAT FUND.

THE CALENDAR SPREAD FUND, IF EVER LAUNCHED WILL BE A VERY LOW RISK BREAD AND BUTTER FUND FOR ANYONE THAT FOLLOWS IT AND MAKES THE NECESSARY ADJUSTMENTS WHEN ALERTED TO DO SO.

THE NEXT BREAD AND BUTTER FUND, IS THE M-2/11 FUND. AS POSTED BEFORE HERE https://3ddhedgeinvestments.wordpress.com/category/m-211-credit-spread-fund

YOU WILL SEE THAT FUND IS VERY CONSERVATIVE IN NATURE AND ULTRA CONSERVATIVE WHEN IT NEEDS TO BE IN EXTREMELY VOLATILE ENVIRONMENTS.

THE M-2/11 HAS BEEN A NICE SUCCESS FROM ITS INCEPTION AND FIRST TRADE WHICH WAS https://3ddhedgeinvestments.wordpress.com/2012/09/19/qqq-spy-m-211-credit-spread-fund-1st-ever-trade-alert-ndx-oct20-29753000-bear-call-credit-spread-2-65-limit-credit/

ALTHOUGH WE TRIED TO CLOSE THAT TRADE EARLY FRIDAY SEPT 28/12 IT DIDNT CLOSE. BUT THAT WAS OK, AS WE WILL SIMPLY CONDOR COMPLETE IT, OR CLOSE IT ALTOGETHER. THE POINT BEING, THAT THESE ARE THE TYPE TRADES WE ARE GOING FOR 95%+ OF THE TIME ANYMORE.

OUR NEXT SLIGHTLY MORE AGGRESSIVE FUND WHICH CONSISTS OF ALMOST ALL WEEKLY OPTION CREDIT SPREADS IS THE 3ddHedge Fund. THAT FUND TARGETS WEEKLY GAINS OF ANYWHERE GIVE OR TAKE 6% – 12% GIVE OR TAKE A LITTLE. https://3ddhedgeinvestments.wordpress.com/category/3dd-hedge-fund/

SO DON’T HESITATE, AND PLEASE FORGIVE OUR MISSTEPS ON OUR INITIAL 3ddHedge LAUNCH IN EARLY 2012, WITH OUR INITIAL 3DDHEDGE FUND. WE ARE NOT THE SAME AS BEFORE, WE ARE HERE FOR THE LONG HAUL, TO MAKE YOU MONEY, AND MAKE LIFELONG FRIENDS!

VINCENT aka @CREDITSPREAD23 on TWITTER and STOCKTWITS


*10/01/2012*

THE TRADE HAS CLOSED  IN OUR ACCOUNT TODAY AT .35 DEBIT. CLOSE THIS TRADE AT .35 DEBIT OR LESS IF YOU ARE IN IT.

GAIN REALIZED SINCE 9/19/2012 WAS 2.30 PER CONTRACT LOT. WE HAD 2 LOTS SO

2X2.30 = 4.60 OR $460 NET GAIN ON THE CREDITSPREAD PLAY.

WE ARE NOW BACK TO 100% CASH

 

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*9/28/12 TRADE UPDATE*

WE HAVE PLACED A DAY ORDER TO CLOSE OUT OUR BEAR CALL CREDIT SPREAD EARLY WITH 86% OF OUR POTENTIAL PROFITS ALREADY ACHIEVED.

CLOSE OUT EARLY @.35 DEBIT ON AN ORIGINAL 2.65 RECEIVED CREDIT SPREAD. PROFIT OF 2.30 EACH LOT, ONCE EXECUTED.

IF THIS ORDER DOES NOT EXECUTE TODAY, WE WILL RE-EVALUATE MONDAY, AND POSSIBLY TRY AGAIN THEN.

WE ARE LOOKING FOR A MOVE IN THIS MARKET ONE WAY OR ANOTHER BY NEXT FRIDAY WITH THE NON FARM PAYROLLS COMING NEXT FRIDAY.

WE WILL TRY AND RE POSITION AFTER CLOSING THIS TRADE NEXT WEEK WITH OUR PROFITS TAKEN AND BACK TO 100% CASH.

Order Details

You have entered a spread.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Close 2 NDX Call NDX Oct 20 2012 2975.00 Call Debit 0.35 Day Order
Leg 2 Sell to Close 2 NDX Call NDX Oct 20 2012 3000.00 Call
Quote NDX   2,806.23   -15.37 Bid 0.00 Ask 0.00 Volume 0
NDX OCT 20 2012 2975 CALL
NDX OCT 20 2012 3000 CALL
Bid 0.90 0.50
Ask 1.15 0.80
Last 1.09 0.65
Change -0.30 [-21.58%] -0.35 [-35.00%]
Volume 1,168 807
Delta 0.03 0.02
Open Int 1,965 1,540
Desc NDX Oct 20 2012 2975.00 Call NDX Oct 20 2012 3000.00 Call
Net Quote
Bid
0.10debit
Mid
0.38debit
Ask (natural)
0.65debit
Account Value$6,552.20
Total Cash and Money Fund $0.00
Securities -$130.00

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9/19/12

THE TRADE EXECUTED IN OUR ACCOUNT @2.65 CREDIT AND LEFT US STILL AT 27% CASH

*****ONE NOTE THE MID PRICE HAS MOVED TO 2.85 WHILE WRITING THIS POST SO YOU MAY BE ABLE TO GET MORE NOW.*****

THE MARKET MAY CONTINUE TO RUN HIGHER FROM HERE, BUT HAVE TAKEN A NEAR 112 POINT CUSHION ON THIS OCT20 2975/3000 BEAR CALL SPREAD.

UPON EXPIRY THIS WILL BE A 2.65 DIVIDED BY 25 = 10.6% RETURN

THERE IS A SPREAD REQUIREMENT OF 2500 -265CREDIT =2235 PER SPREAD LOT OF WHICH WE HAVE 2 LOTS

WE ARE NEAR 5 YEAR HIGHS AS WELL, BUT THE ARGUMENT TO BE MADE AGAINST ANOTHER EXTREME PUSH UP HERE IS THAT THE NDX IS AT THE TOP OF MULTIPLE BOLLINGER BANDS RANGE, ESPECIALLY THE ALL IMPORTANT 3 MONTH ONE. HERE IS THE GRAPH OF THE 3 MONTH SET http://finance.yahoo.com/q/ta?s=^NDX&t=3m&l=on&z=l&q=l&p=b&a=&c=

NOW, IN NO WAY AM I SAYING THAT THIS TRADE COULDN’T GO WRONG IN THIS MASSIVE EASING ENVIRONMENT FROM ALL THE WORLDS CENTRAL BANKS. BUT TECHNICALLY THE 2975 LEVEL SHOULD BE A NICE RANGE TO BUFFER WITH.

AS STIPULATED BEFORE THE M-2/11 CREDIT SPREAD FUND IS A NEW SEPARATE FUND WITHIN THE 3DD HEDGE FAMILY. IN CASE YOU MISSED IT, THE INITIAL PROSPECTUS LAYOUT IS LINKED BELOW.

https://3ddhedgeinvestments.wordpress.com/category/m-211-credit-spread-fund/

IF WE GET A NICE SIZED PULL BACK IN THE NDX TOWARDS THE LOWER BOLLINGER BAND 3 MONTH LEVELS WE MAY IRON CONDOR THIS, BUT ONLY IF CONDITIONS ARE RIGHT, AS MARKETS STAIR STEP UP, BUT TAKE THE ELEVATOR DOWN. WE WOULDN’T WANT TO GET CAUGHT WITH OUR PANTS DOWN IN AN IRON CONDOR WHERE WE ADDED A PUT SIDE IN THE MIDDLE OF AN ELEVATOR RIDE DOWN.

Order Details
You are entering a spread.
Leg Action Contracts Option Description Price Duration
Leg 1 Buy to Open 2 NDX Call NDX Oct 20 2012 3000.00 Call Credit 2.65 Day Order
Leg 2 Sell to Open 2 NDX Call NDX Oct 20 2012 2975.00 Call
Est. Option Reqs: Creates Credit Spread: $5,000.00
Est. Trade Value: $530.00
Est. Commission: $7.55
Net Trade Value: Credit: $522.32
Funds required for this trade: $4,477.68
Account Value $6,159.87
Quote NDX   2,861.00   3.62 Bid 0.00 Ask 0.00 Volume 0
NDX OCT 20 2012 3000 CALL
NDX OCT 20 2012 2975 CALL
Bid 3.40 5.90
Ask 3.80 6.50
Last 3.69 6.26
Change -0.26 [-6.58%] -0.32 [-4.86%]
Volume 14 51
Delta 0.08 0.13
Open Int 881 825
Desc NDX Oct 20 2012 3000.00 Call NDX Oct 20 2012 2975.00 Call
Net Quote
Bid (natural)
2.10credit
Mid
2.60credit
Ask
3.10credit

3DD HEDGE INVESTMENTS ALLOWS OTHERS FREE ACCESS TO FOLLOW IT, BUT MAY SOON HAVE THAT CEASE TO EXIST ON AT LEAST ONE PART OF OUR WEBSITE.

OUR NEWEST FEATURE WILL BE A SERVICE THAT OFFERS ANYWHERE FROM 2% TO 11% RETURNS MONTHLY.ALONG WITH THIS PLAN I WILL OFFER FREE ACCESS TO ALL OUR SITE TRADES,  THE SAME WILL APPLY TO  NEW AND CURRENT SUBSCRIBERS TO OUR CALENDAR FUND WHEN IT IS OFFICIALLY LAUNCHED.

WE WILL NOT START CHARGING UNTIL ALL DETAILS, QUESTIONS, OR ANY OTHER PROBLEMS FIXED AHEAD OF TIME.

UNTIL THEN THERE WILL BE NO CHANGES.

THE M STANDS FOR MONTHLY AND THE 2/11 PART WAS 2% TO %11 RETURNS, BUT PICKED BECAUSE OF MY B-DAY 2/11.

IN CASE ANYONE IS INTERESTED HERE ARE THE RULES FOR THE M-2/11 FUND.

1. NEVER LESS THAN 21.1% CASH (THE 2/11 HAS TO BE RESPECTED)

2. NEVER ENTER A POSITION WHERE INITIAL RETURN MORE THAN 11% RETURN AS MAY BE TOO DANGEROUS.

3. IF, AFTER ENTERING A POSITION WHERE WE MADE OR WILL VERY LIKELY MAKE OUR 11% RETURN ON EXPIRATION, WE  MAY USE A TACTIC EMPLOYED TO  EXIT TOTALLY OR ENTER  AN IRON CONDOR POSITION THAT MAY MAKE OUR INITIAL POSITION A WINDFALL OF 2% UP TO %11 OR MORE ON TOP OF OUR PLAN FOR OUR PARTICIPANTS. THIS WILL HAPPEN RARELY BUT WHEN THE MARKETS ARE STRONG THIS WILL FARE STRONGLY FOR OUR SUBSCRIBERS.

4.WE NAMED THIS THE “M-2/11 BECAUSE IT STANDS FOR THE “MONTHLY 2% TO 11% FUND”

5. THIS FUND WILL BE A FREEBIE TO START UNTIL A LITTLE WHILE INTO IT, WE WILL BE LAUNCHING AN ALL  INCLUSIVE SERVICE SOON ENOUGH, BUT UNTIL THEN YOU WILL HAVE ACCESS TO OUR FULL SERVICES.

6. IF YOU WISH TO RETIRE WITHIN 10 YEARS AND BUILD UP YOUR RETIREMENT ACCOUNT FOLLOWING  US! YOU CAN MAKE A FORTUNE BY MAKING ONLY 2% TO 11% IN OPTION CREDIT SPREADS WITH THE RIGHT PRECAUTIONS!

I AM IN NO HURRY TO CHARGE ANYTHING, BUT PLEASE REMEMBER IT TAKES A LOT OF TIME TO RUN THESE BLOGS.