Thursday, July 16, 2009

Position Geeks are -20.58, -13.67, 0.98, -10.46


Wednesday, July 15, 2009

Today the position Geeks are
IWM -5.10, -16.77, 6.52 -10.20 ( D, G, T, and V)
and the current month deltas are
IWM 45 P is -0.02 in a safe distance.
So do nothing.

Tuesday, July 14, 2009


IWM Posion delta = 15.61
Gamma = -21.95
Theta = 8.70
Vega = -10.40

The short posiotion is 45 July PUT whose delta is -0.05

Yesterday entered the short vertical Aug 42/40 Put.
Favable conditions are
%R is rising , had a green chute in the lower band.



Friday, July 10, 2009

My IWM position data is
Delta = 36.95
Gamma = -29.53
Theta = 9.45
Vega = -7.86

My near month ( July 7 days to go) short put has 16 delta. I am watching it to be closer to 30 to close the position.
My near month ( july) short call is already closed.
My position now is
July 43/45 Put 61 Long call
Aug 57/59 Call


IWM still does not have any green shoots. It is getting good support near lower band but the williams is pointing down. So not good entry point again.



Thursday, July 9, 2009


Today my IWM position Geeks are
delta=22.78, Gamma=-24.48, Theta=9.01, Vega=-8.76
Here I need more -ve delta to make it delta neutral.
So I need to sell some Call verticals.
But when i checked the chart, it was near the lower band, had a long tail yesterday shows some support and the williams%R is turning upwards, a sign of over sold.
All these points to upward price movement, but overall market is bearish sentiment.
So i am going to wait for a breakout in any direction to make a move.
Looks like a good put spread time. Looked at 43/41 for 0.31 for Aug.
But i have to wait for today for a green chute or williams below 80.