Credit call spread on SPY

4 août 2016

Info on the chart

5 août 2016

Note

Bad trades do happen, and there's nothing to worry about as long you keep your risk management on check. Good data may be a leading indicator now, but we're not sure how the whole economy looks like for real, and, the stock market is at levels that are not very comfortable to most investors. Once the hype goes down, we should see some fading on this movement. I am keeping the position with no adjustments.

9 août 2016

Note

36% probability to get ITM right now. (64% edge)

15 août 2016

Trade fermée: ordre d’arrêt atteint

Closed at strike break-even, -20bps on position.