I've been dabbling in options for a month or so now, most being paper trades. Here is one i am thinking about currently.
Strategy 1;
Buy 1 April 12 138 Call for $1.25 and Buy 1 April 12th 138 Put for $.71. Max loss $196. Upper BE $140, Lower BE $136.
Strategy 2;
Buy 1 May 12th 138 Call for $3.30 and Buy 1 May 12 138 Put for $2.71. Max loss $601. Upside breakeven is $144 and downside breakeven $132
Strategy 1; As of 4/12/12
ReplyDeleteApril 12 Call 138 - $1.81 (+44.8%)
April 12 Put 138 - $.77 (+8.45%)
Strategy 2;
May 12 Call 138 - $3.33 (+.91%)
May 12 Put 138 - $2.25 (-17.34%)
Strategy 1; As of 4/16/12
DeleteApril 12 Call 138 - $.78 (-37.5%)
April 12 Put 138 - $1.30 (+83%)
Total P/L $208-Cost(196) = +$12 ~ 6.12% ROI
Strategy 2;
May 12 Call 138 - $2.57 (-22%)
May 12 Put 138 - $3.07 (+13%)
Total P/L $564-Cost(601) = -$37 ~ (-6.15%)ROI