fatpat

引用:

原帖由 fatpat 於 2012-11-16 11:40 發表


Anyway, better to do only one side, said Bull Spread for uptrend or Bear Spread for downtrend.

OK, I do said "OR" in my post, not "and" to do both side

fatpat

引用:

原帖由 fatpat 於 2012-11-12 17:28 發表
If the IV is higher, Iron Condor is also a good choice, as you know
the maximum risk (~$5K?) when you place the trade.
LC222 + SC220 + SP210 + LP208 ...

Strategy 6 Iron Condor

LP208 @104
SP210 @152
SC220 @90
SC222 @55

Loss 243.5, Delta 0.073, Gamma 0, Theta 2.641, Vega -4.416
BE ~ 20917, 22083

P.S. I just read a webinar on Iron Condor last night, if you are good at finding resistance & support,
        with adjustment, it is indeed a very good income strategy.

fatpat

The origial plan is to review on next Monday and the Monday after,
because most income strategies do well after the weekend, due to the Theta.

I will try to post the summary on Monday with the Maximum Potential Profit,
if I have time

fatpat

引用:

原帖由 lyt 於 2012-11-16 12:04 發表


thank you ching, but which solution you will choose !

I will use my favorite - Strangle + naked Short, as it has a borader range.

However, it needs lots of margin.

Otherwise the Double Short Straddle + Butterflies is very good too.

fatpat

Good morning

fatpat

引用:

原帖由 wil 於 2012-11-19 16:06 發表

thanks KM C hing
can set it at winquote??
cannot find 3日5分鐘 at winquote??
thanks

= 5分鐘 at winquote

fatpat

引用:

原帖由 fatpat 於 2012-11-16 10:54 發表


Using 2012 11 12 closing data to open, and current data for analysis

Strategy 1 Double Straddle (DS)
   SC210 x 1 @555
+ SP210 x 1 @152
+ SC218 x 1 @144
+ SP218 x 1 @540

Current profit $5809,  ...

Using today closing data for the profit analysis

Strategy 1 Double Short Straddle                                           Profit     Max Profit Delta Theta   BEs (Profit Range)
  - SC210 / SP210 / SC218 / SP218                                       $13301 $29550     0.395 31.516 20704 - 22095

Strategy 2 Double Ratio Spread
  - SP210 x 2 / LP214 / LC214 / SC218 x 2                            $  4569 $18950     0.115 13.313 20621 - 21379 / 21421 - 22179

Strategy 5 Condor + Naked Short
  - SP206 x 3 / SP210 / LP214 / LC 216/ SC220 / SC222 x 3 $12750 $25150     0.123 21.851 20432 - 22367   

Strategy 6 Iron Condor
  - LP208 / SP210 / SC220 / LC222                                        $    443 $  4150     0.071   3.956 20917 - 22083

Strategy 7 Covered Put + Ratio Spread   
  - Sell HSI / SP216 / LC216 / SC220 x 3                                $  2782 $  7000    -0.293 14.899         0 - 22046

Strategy 8 Short Straddle + Future
  - Sell HSI / SP212 x 2                                                            $  1578 $24600   -0.064  22.873 20708 - 21692

Strategy 9 Double Short Straddle + Butterflies                        $   7836 $24800  -0.097  36.256 20376 - 22024
  - LP202 / SP204 x 2 / LP206
+ SP208 / SC208 / SP216 / SC216
+ LC218 / SC220 x 2 / LC222

The last one is more like Strategy 1 but doing some adjustment already.

fatpat

引用:

原帖由 lyt 於 2012-11-19 17:49 發表


hi ching,

how much margins for those strategy.

Depends.  I would target at least $200K for the high risk one.

So you can try the mini with $40K.

fatpat

引用:

原帖由 fatpat 於 2012-11-19 18:55 發表


Depends.  I would target at least $200K for the high risk one.

So you can try the mini with $40K.

BTW I do leave some margin for adjustment, i.e. when the market goes against your position.

fatpat

Good afternoon