A bad day for the portfolio after FOMC, but still got a double eagle trade in around noon.
Trade 1. JNJ Double Eagle
Exit
Total PNL (before transaction cost): +21.6%
Update 1/21: closed the rest 2/3 of the positions at two price levels, $1.22 and $1.25.
- Close stats
- Vol: F5.24 @ 34.5%
- Underlying: $148.49
Update 1/17: since the last closing trade, JNJ has rallied away from the put strike. I let the front strangle expire and we will see if JNJ gets a move next week.
Update 1/13: closed 1/3 of the positions at $1.36.
Enter
- Earnings release date: 1/22
- Trade: F5.17/F5.24 140/150 STG SWAP
- ToT stats
- Vol: F5.17 @ 20.5%, F5.24 @ 20.5%
- Underlying: $145.73
- Premium: $1.05
- DPR: 0.72%
- SPR: 6.87%
- Expected IV build: 5%
