Author Archives: devtrade

To avoid any conflict of interest, No further posts on Optionsmojo

Posted on June 10, 2012 by devtrade

Dear Everybody! I started this blog in November 2010 when I was a postdoctoral research fellow in Physics. My main goal was to increase our understanding of financial markets and trading via exchange of trade ideas and market commentary. I … Continue reading →

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Is it time yet to go long the market?

Posted on May 18, 2012 by devtrade

Dear Everybody! We have benefited a lot from the ~ 13% rise in S&P500 index from the beginning of this year to the beginning of May. Sell in May and Go Away? From the intraday high of 1415 on May … Continue reading →

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FOSL Trade Analysis

Posted on February 17, 2012 by devtrade

On Feb 10, we initiated a Feb/Mar Calendar Spread Trade on FOSL. Since today was Feb expiration day, I thought it would be worthwhile to analyze how we did on that trade. First of all, we were right about the … Continue reading →

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Call Calendar Spread on FOSL Prior to Earnings Release

Posted on February 10, 2012 by devtrade

Event: Fossil, Inc. (FOSL) is scheduled to report its quarterly earnings before market opens on Tuesday, Feb 14, 2012. Thesis/View: The market is pricing in ~ 8.5% move (one can look at the ATM straddle to calculate the expected move) … Continue reading →

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SPY Put Ratio Spread

Posted on January 3, 2012 by devtrade

Happy New Year Everybody! Wish you all a fantabulous year ahead. We had a great year in 2011 in terms of trading (even though the S&P500 index closed Flat for the year). Hope we will continue to be profitable in … Continue reading →

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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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Update on Call Spread on VIX

Posted on November 28, 2011 by devtrade

Greetings! Hope you all had a Happy Thanksgiving Break. On Nov 11, we had initiated a 30/40 Call Spread on VIX for 2.25. As of the close on Friday, VIX was trading at ~ 34.40 and the spread was worth … Continue reading →

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Call Spread on VIX

Posted on November 11, 2011 by devtrade

As we discussed yesterday, the market is at a very critical level right now. Although some good news out of EU can help fuel the next leg up, we have to be careful also about the potential downside. Since the … Continue reading →

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We tested 1225 Again! Watch out for any break below!

Posted on November 10, 2011 by devtrade

In my last post, I discussed the 1225-1275 range. In one day of trading yesterday, the market went down from roughly the top of that range to the bottom. The 1225 level is still holding. So we are still net … Continue reading →

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