A trader bought the September $95 straddle 5,000x at $4.55, or $2,275,000.
Showing posts with label TLT. Show all posts
Showing posts with label TLT. Show all posts
Tuesday, July 26, 2011
Wednesday, June 1, 2011
Trade of the Day: TLT June $96/$99 ratio call spread
Trade of the Day:
A trader executed a TLT June $96/$99 ratio call spread, 5,000x10,000 for an $0.83 debit.
A trader executed a TLT June $96/$99 ratio call spread, 5,000x10,000 for an $0.83 debit.
Friday, May 20, 2011
May's "Trade of the Day" Reviews
Since today is May expiration, we thought we'd look back and see how the pro "Trades of the Day" did.
On April 26th, a trader sold 10,000 May $97 calls at $0.13 and bought 5,000 May $94 calls at $0.68 for a debit of $0.42 or $210,000. You can read a recap of the trade here: TLT May $94/$97 1x2 ratio spread. This trader killed it! TLT closed trading today at $95.32. We calculated the break even price for the spread @ $94.42 so if they held it to the close today (highly unlikely) they would have make .90 on 10k contracts or $900k. Not a bad couple of weeks. Huge win!
On April 19, A trader sold 4,000 May $37 puts at $0.16 and bought 4,000 May $40 puts at $0.63 for a debit of $0.47 or $188,000 in DIS. A bear vertical that didn't work out but could have been a hedge. The toughest part about reading option prints is that you don't know if they already have a position or not. It is interesting that after the 19th, the stock rallied 3 points. We'll count this as a loss.
On April 26th, a trader sold 10,000 May $97 calls at $0.13 and bought 5,000 May $94 calls at $0.68 for a debit of $0.42 or $210,000. You can read a recap of the trade here: TLT May $94/$97 1x2 ratio spread. This trader killed it! TLT closed trading today at $95.32. We calculated the break even price for the spread @ $94.42 so if they held it to the close today (highly unlikely) they would have make .90 on 10k contracts or $900k. Not a bad couple of weeks. Huge win!
On April 19, A trader sold 4,000 May $37 puts at $0.16 and bought 4,000 May $40 puts at $0.63 for a debit of $0.47 or $188,000 in DIS. A bear vertical that didn't work out but could have been a hedge. The toughest part about reading option prints is that you don't know if they already have a position or not. It is interesting that after the 19th, the stock rallied 3 points. We'll count this as a loss.
Tuesday, May 3, 2011
Trade of the Day: TLT June $96/$98/$100 Call Butterfly
A trader bought 10,000 June $96 calls at $0.74, sold 20,000 June $98 calls at $0.36, and bought 10,000 June $100 at $0.18 for a debit of $0.20 or $200,000.
Tuesday, April 26, 2011
Trade of the Day: TLT May $94/$97 1x2 ratio spread
A trader sold 10,000 May $97 calls at $0.13 and bought 5,000 May $94 calls at $0.68 for a debit of $0.42 or $210,000.
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