Tag Archives: /6E (Euro FX Futures)

/GC BWB, /CL & /ZB Short Strangles, /6E remaining call vertical, /ZS IC closing trades, New /CL, /ZB Short Strangles

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/GC Opening trade setup

Closed the trade on Mar 23.
Loss (after commissions) = $329.68

/CL Open trade setup

Closed the trade on Mar 23.
Profit (after commissions) = $195.16

/ZB Opening trade setup

Closed the trade on Mar 31.
Profit (after commissions) = $319.20

/6E Partially closed trade setup

Closed the remaining trade on April 2
Profit (after commissions) = $67.28

/ZS Opening Trade setup

All legs expired worthless on March 27
Profit (after commissions) = $153.82

Opened Short Strangle in /CL on Mar 16. Opened Short Strangle in /ZB on Mar 19

SOLD -1 STRANGLE /CLM5 1/1000 JUN 15 /LOM5 62/30.5 CALL/PUT @.35
SOLD -2 STRANGLE /ZBM5 1/1000 JUN 15/JUN 15 /OZBM5 178/151 CALL/PUT @0”21

YTD P&L

/6E Iron Condor partially closed, /ES Broken Wing Butterfly closing trade, new /CL & /ZB Short Strangles

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/6E Opening trade setup

Bought back the PUT spread tested side on Mar 17.
Loss (after commissions) = $252.94

 

/ES Opening trade setup

Closed the trade on Mar 19.
Loss (after commissions) = $669.96

Opened Short Strangle in /CL on Mar 16. Opened Short Strangle in /ZB on Mar 19.

SOLD -1 STRANGLE /CLM5 1/1000 JUN 15 /LOM5 64.5/27.5 CALL/PUT @.42
SOLD -2 STRANGLE /ZBM5 1/1000 JUN 15 /OZBM5 181/149 CALL/PUT @0”23

YTD P&L

 

/6E (Euro FX Futures) & /ZN (10 Year US Treasury Note Futures) Iron Condors: 2/11/2015

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SOLD -1 IRON CONDOR /6EM5 1/125000 APR 15 /6EJ5 1.185/1.19/1.065/1.06 CALL/PUT @.001
Neutral bias
Order

Note: Commissions not included
Max. Profit = $125.00
Max Loss = $500.00
DTE = 47
BE = 1.064 & 1.186
POP =~ 71%
Max ROC  = 125.00/500.00 =~ 25%
Tgt. ROC (@ 50% of max. profit) = 62.5/500 =~ 12.5%
Depending on how the trade plays out, might adjust this or let it run.

P&L diagram
Chart

 

SOLD -2 IRON CONDOR /ZNM5 1/1000 APR 15 /OZNJ5 131/131.5/124.5/124 CALL/PUT @0”06
Neutral bias
Order

Note: Commissions not included
Max. Profit = $187.50
Max Loss = $812.50
DTE = 41
BE = 124’130 & 131’030
POP =~ 74.5%
Max ROC  = 187.50/812.50 =~ 23%
Tgt. ROC (@ 50% of max. profit) = 93.75/812.50 =~ 11.5%
Depending on how the trade plays out, might adjust this or let it run.

P&L diagram
Chart

/ZB IC 1/5/2015, /6E IC 1/7/2015 – Closing Trades

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/ZB  Opening setup/trade (Jan 5, 2015)

Closing Trade
BOT +1 IRON CONDOR /ZBH5 1/1000 MAR 15 /OZBH5 151/152/142/141 CALL/PUT @0”08
Debit = $125.00

Profit = $250 (credit collected from opening trade) – $125 = $125
Total commissions (opening & closing) = $18.00
Profit incl. commissions = 125  – 18 = $107.00

/CL Opening setup/trade (Jan 7., 2015)
/CL Adjustments (Jan 27, 2015)

Closing Trades
Short 1155 ITM PUT got assigned, Long 1150 ITM PUT got exercised
Net debit = $625
Short 1160,1170,1225 CALL & Long 1230 CALL expired worthless
Net credit = $500.00

Loss = $500 (net credit) – $625 (net debit) = -$125
Total commissions (opening & closing) = $27.88
Loss incl. commissions = -125.0  – 27.88 = -$152.88

 

/6E (Euro FX Futures) Iron Condor: 1/7/2015 – Update 1

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Opening setup/trade (Jan 7, 2015)

Euro has moved a fair bit past the short strike of the condor.  Selling a call to cut down the delta and recover some of the loss on the trade.  Should have probably done started adjusting sooner.

SOLD -1 /6EH5 1/125000 FEB 15 /6EG5 1.17 CALL @.0013
Order

Credit collected = $162.50 (excluding commissions)