Monthly Archives: December 2011

Revisiting our SPY Straddle Trade

Posted on December 8, 2011 by devtrade

Exactly a week ago, we had initiated a long Straddle position on SPY (Dec Quarterly) with strike price 124. Our original cost was 7.04. The straddle currently has a market value of 7.15 (see above). Below is a chart of … Continue reading →

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A Long Straddle on SPY (Dec 2011 Quarterly)

Posted on December 1, 2011 by devtrade

On November 28, we took off our hedge (VIX Call spread) and enjoyed a nice rally over the last three trading days. VIX has dropped to 27.75 at the time of writing this post. Current Thesis: S&P500 is trading close … Continue reading →

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