7-th Option Combination 2012

[Options-trader 10]

I propose you to observe the process of my next option combination conducting. Size of investment for one combination is 50,000$. For purchase straddle i put no more than 2/3 total amount of investment. The remained sum is necessary for management of a combination. Today i opened long straddle of OXY (Occidental Petroleum Corporation). It has been bought 47 contracts of NOVEMBER'12 87.5 CALL ($3.19) and 47 contracts of NOVEMBER'12 87.5 PUT ($3.81). In purchase it has been spent: 7.0*100*47=$32,900. Further i will conduct the combination.

[Options-trader 10]

At opening the price of the share is about $83. To balance the combination i have bought 47 contracts of NOVEMBER'12 82.5 CALL ($3.40). Total expenses to the combination were increased to $48,880.

[tradelifer 10]

I propose you to observe the process of my next option combination conducting. Size of investment for one combination is 50,000$. For purchase straddle i put no more than 2/3 total amount of investment. The remained sum is necessary for management of a combination. Today i opened long straddle of OXY (Occidental Petroleum Corporation). It has been bought 47 contracts of NOVEMBER'12 87.5 CALL ($3.19) and 47 contracts of NOVEMBER'12 87.5 PUT ($3.81). In purchase it has been spent: 7.0*100*47=$32,900. Further i will conduct the combination.

 

i can do wonders for you on binary options. watch the emini dow jones.

for monday buy the 13260/250, sell the13240/230.

[Options-trader 10]

The price of the share is about $80.70. The combination has disbalance of premiums of calls and put: NOVEMBER'12 87.5 CALL - $0.38; NOVEMBER'12 87.5 PUT - $6.95;

NOVEMBER'12 82.5 CALL - $1.68. So i bought 47 contracts of DECEMBER'12 82.5 CALL ($2.55). Total expenses to the combination were increased to $60,865.

[Options-trader 10]

The price of the share is about $76.60. I have sold all contracts of NOVEMBER'12 87.5 PUT - $10.80 and have bought 47 contracts of January'13 77.5 PUT - $4.25 and 47 contracts of January'13 77.5 CALL - $3.05.

[Options-trader 10]

Yesterday the share fell to $72. At this moment the combination had huge disbalance of premiums of calls and puts. So i have bought 47 contracts January'13 72.5 CALL - $3.10.

[Options-trader 10]

The price of the share is about $81.30. I have sold all contracts of January'13 77.5 CALL - $3.90 and all contracts of January'13 72.5 CALL - $8.80. This funds cover all the total expenses to the combination.

[kevin78 10]

Hi,

I am new here and have little experience in trading options (about 8 months), so I am sorry for asking you this.

Did you make any money since october?

I know that options Buyers lose money evantually and as I understand you but straddles.

[Larry1234 10]

This seems to be very risky strategy. can you let us know about your ROI ?