Replies to post #2907 on °¿°

[Myself °¿°]

Day limit for 7 xjzxj Dec10p @.34 a half position for the put side.

Table for: XJZLM Dec13c, xjzxj Dec10p

 
          Symbol       XJZLM       xjzxj       
                                         
            Type  XLF Dec 08  XLF Dec 08 
                     13 Call      10 Put 
                                         
                                         
         Bid/Ask   4.15/4.30   0.34/0.38 
           Delta      0.7660     -0.0966 
                                         
  Expires (days)          72          72 
    Implied Vol.       85.13       98.14 
     1 Day Decay     -0.0159     -0.0088 
                                         
   Intrinsic Val        3.29        0.00 
    Time Premium        0.93        0.36 
                                         
       Stk Price       16.29       16.29 
                                         
      Off-Target        0.51        0.51 
          Target       16.80       16.80 
                                         
            1.00        4.99        0.26 
            0.90        4.91        0.27 
            0.80        4.84        0.28 
            0.70        4.76        0.29 
            0.60        4.68        0.30 
       >    0.50        4.61        0.31 
            0.40        4.53        0.32 
            0.30        4.45        0.33 
            0.20        4.38        0.34 
            0.10        4.30        0.35 
                                         
            0.00        4.22        0.36 
                                         
           -0.10        4.15        0.37 
           -0.20        4.07        0.38 
           -0.30        4.00        0.39 
           -0.40        3.92        0.40 
           -0.50        3.84        0.41 
           -0.60        3.77        0.42 
           -0.70        3.69        0.43 
           -0.80        3.61        0.44 
           -0.90        3.54        0.45 
           -1.00        3.46        0.46 
                                         
          Loaded   10/8/2008   10/8/2008 
                    12:32 PM    12:32 PM 
 

[Myself °¿°]

In 3 XJZLM Dec13c @3.50 at the time it was between the b/a at resistance, no protection. More of a reaction trade than anything.
I hope it's the correct direction for a day trade.
May have been a real dumb move considering what I was previously thinking regarding a longer swing trade.
edit so far it was... can't get out of my own way.
Come on! bounce and let me out today.



Table for: XJZLM Dec13c, xjzxj Dec10p

 
          Symbol       XJZLM       xjzxj             
                                         
            Type  XLF Dec 08  XLF Dec 08 
                     13 Call      10 Put 
                                         
                                         
         Bid/Ask   3.40/3.50   0.53/0.54 
           Delta      0.7147     -0.1257 
                                         
  Expires (days)          71          71 
    Implied Vol.       89.66      102.96 
     1 Day Decay     -0.0165     -0.0099 
                                         
   Intrinsic Val        2.15        0.00 
    Time Premium        1.30        0.54 
                                         
       Stk Price       15.15       15.15 
                                         
                                         
            1.00        4.16        0.41 
            0.90        4.09        0.42 
            0.80        4.02        0.43 
            0.70        3.95        0.45 
            0.60        3.88        0.46 
            0.50        3.81        0.47 
            0.40        3.74        0.48 
            0.30        3.66        0.50 
            0.20        3.59        0.51 
            0.10        3.52        0.52 
                                         
            0.00        3.45        0.54 
                                         
           -0.10        3.38        0.55 
           -0.20        3.31        0.56 
           -0.30        3.24        0.57 
           -0.40        3.16        0.59 
           -0.50        3.09        0.60 
           -0.60        3.02        0.61 
           -0.70        2.95        0.62 
           -0.80        2.88        0.64 
           -0.90        2.81        0.65 
           -1.00        2.74        0.66 
                                         
          Loaded   10/9/2008   10/9/2008 
                     8:58 AM     8:58 AM 
 

[Myself °¿°]

added 1 XJZLM Dec13c @2.85 lower 60m Bband give me the overnight trade please

[Myself °¿°]

XJZLJ Dec10c, xlf

.


3mo Daily
.


XLF - 6 Months





Understanding Implied and Historical Volatility

[Myself °¿°]

Day limit for 4 XJZXJ Dec10p @.75 before I leave for my eye dr appointment
This probably will not fill but I'll take it if it does.
I had a chance to do it this am and didn't. Wish I had!



Table for: XJZLJ Dec10c, XJZLM Dec13c, xjzxj Dec10p

 
          Symbol       XJZLJ       XJZLM       xjzxj             
                                                     
            Type  XLF Dec 08  XLF Dec 08  XLF Dec 08 
                     10 Call     13 Call      10 Put 
                                                     
                                                     
         Bid/Ask   4.40/4.60   2.62/2.68   0.96/1.00 
           Delta      0.8112      0.6238     -0.1888 
                                                     
  Expires (days)          70          70          70 
    Implied Vol.      115.72      103.79      115.45 
     1 Day Decay     -0.0121     -0.0170     -0.0121 
                                                     
   Intrinsic Val        3.51        0.51        0.00 
    Time Premium        0.99        2.14        0.98 
                                                     
       Stk Price       13.51       13.51       13.51 
                                                     
      Off-Target       -1.31       -1.31       -1.31 
          Target       12.20       12.20       12.20 
                                                     
            3.00        7.05        4.69        0.53 
            2.75        6.83        4.51        0.56 
            2.50        6.61        4.32        0.59 
            2.25        6.39        4.14        0.62 
            2.00        6.17        3.96        0.65 
            1.75        5.95        3.79        0.68 
            1.50        5.74        3.62        0.72 
            1.25        5.52        3.44        0.75 
            1.00        5.31        3.27        0.79 
            0.75        5.11        3.12        0.84 
            0.50        4.91        2.96        0.89 
            0.25        4.70        2.81        0.93 
                                                     
            0.00        4.50        2.65        0.98 
                                                     
           -0.25        4.30        2.49        1.03 
           -0.50        4.09        2.34        1.07 
           -0.75        3.89        2.18        1.12 
           -1.00        3.69        2.03        1.17 
      >    -1.25        3.50        1.89        1.23 
           -1.50        3.30        1.74        1.28 
           -1.75        3.11        1.60        1.34 
           -2.00        2.92        1.46        1.40 
           -2.25        2.75        1.34        1.48 
           -2.50        2.57        1.22        1.55 
           -2.75        2.39        1.10        1.62 
           -3.00        2.22        0.97        1.70 
                                                     
          Loaded  10/10/2008  10/10/2008  10/10/2008 
                    11:28 AM    11:28 AM    11:28 AM 
 

[Myself °¿°]

in 4 XJZXJ Dec10p @.75 that's not how I imagined the remainder of the day unfolding.
Thought I would pick up that single call first #msg-32788841 and then an outside chance of rising to the put fill.
I guess I was asking for too much to unfold with limit orders.
Now I'm sitting negative on both sides. kinda sucks LOL xlf really took a jump... made for a bad entry on the puts.
See what Tues brings.


I/V drain whacks everything that much worse.
The last time I saw the I/V it was
* 113+ for the calls
* and 115+ for the puts
I tried to compensate in my head a bit higher vix for the call order
and a slightly lower drain on the way up for the put order
It obviously wasn't enough and/or the xlf shot up higher than I thought it would.
Is no way to make the calculator predict I/V movement It's just for the ball park

Table for: XJZLJ Dec10c, XJZLM Dec13c, xjzxj Dec10p

 
          Symbol       XJZLJ       XJZLM       xjzxj             
                                                     
            Type  XLF Dec 08  XLF Dec 08  XLF Dec 08 
                     10 Call     13 Call      10 Put 
                                                     
                                                     
         Bid/Ask   5.35/5.60   3.25/3.45   0.49/0.66 
           Delta      0.8676      0.7084     -0.1324 
                                                     
  Expires (days)          70          70          70 
    Implied Vol.       94.07       89.27      105.51 
     1 Day Decay     -0.0107     -0.0171     -0.0106 
                                                     
   Intrinsic Val        5.05        2.05        0.00 
    Time Premium        0.42        1.30        0.57 
                                                     
       Stk Price       15.05       15.05       15.05 
                                                     
      Off-Target       -2.85       -2.85       -2.85 
          Target       12.20       12.20       12.20 
                                                     
            3.00        8.16        5.61        0.26 
            2.75        7.93        5.41        0.28 
            2.50        7.70        5.21        0.30 
            2.25        7.47        5.01        0.32 
            2.00        7.24        4.82        0.34 
            1.75        7.02        4.63        0.37 
            1.50        6.79        4.44        0.39 
            1.25        6.57        4.25        0.42 
            1.00        6.34        4.06        0.44 
            0.75        6.13        3.88        0.48 
            0.50        5.91        3.70        0.51 
            0.25        5.69        3.53        0.54 
                                                     
            0.00        5.47        3.35        0.57 
                                                     
           -0.25        5.26        3.17        0.61 
           -0.50        5.04        3.00        0.64 
           -0.75        4.82        2.82        0.67 
           -1.00        4.61        2.64        0.71 
           -1.25        4.40        2.48        0.75 
           -1.50        4.19        2.31        0.79 
           -1.75        3.98        2.15        0.83 
           -2.00        3.77        1.98        0.87 
           -2.25        3.57        1.83        0.92 
           -2.50        3.38        1.68        0.98 
      >    -2.75        3.18        1.54        1.03 
           -3.00        2.98        1.39        1.08 
                                                     
          Loaded  10/11/2008  10/11/2008  10/11/2008 
                    12:19 AM    12:19 AM    12:19 AM 
 

[Myself °¿°]

Day limit for 8 XJZXJ Dec10p @.19 an add to 4 @.70

still holding XJZLM Dec13c
3 @3.50
1 @2.85

[Myself °¿°]

Day limit for 16 XJZXJ Dec10p @.08

[Myself °¿°]

in 8 XJZXJ Dec10p @.19 I/V really fell out of that one bummer
Time to walk to the bus................... L8r

[Myself °¿°]

EDIT out XJZLM Dec13c @4.50 not happy about it...
it's obvious why I don't want the 16 additional puts to fill @.08

[Myself °¿°]

in 3 XJZLM Dec13c @1.70 lower 60m Bband see how it goes

[Myself °¿°]

in 7 XJZLM Dec13c @1.19 & gritting my teeth