MyDVICE

- WRITINGS, THOUGHTS, VIEWS & IMAGES by NEV R. AGN -
Oil Post No. 10

Oil Post No. 10

Brent spot price as at January 29, 2021 = 55.10 (WTI = 52.10) Left leg…All matching! OIL POST NUMBER 10 – – –  Strategy Initiated on 23 June 2020 (using ICE Brent Options): 1. Sell 1x October 30 Put (expiry: 25 August 2020; futures price...
Oil Post No. 9

Oil Post No. 9

UPDATE on Option Structure initiated on 23 June 2020 – sell 1x 30 Oct Put & buy 1x 68 Feb Call (initiated for ZERO net premium; positive net theta = 0.23; positive net vega = 5.71) 31 July 2020 Summertime, Summertime…..Digging It! OIL POST NUMBER 9...
Oil Post No. 8

Oil Post No. 8

It is TIME to rollover the Option Structure initiated on 2 June 2020 – Close Out 30 Sep Put – 55 Dec Call and move into Oct ’20 vs Feb ’21 (an extra month more to be long!) 23 June 2020 OIL POST NUMBER 8 – – –  Rollover...
Oil Post No. 7

Oil Post No. 7

Update on Option Structure initiated on 2 June 2020 21 June 2020 Effortless and Confident!  Just like a trade gone right. OIL POST NUMBER 7 – – –  UPDATE ON:  Strategy (using ICE Brent Options): 1. Sell 1x September 30 Put (expiry:  28 July 2020);...
Oil Post No. 3 (b)

Oil Post No. 3 (b)

Update on Option Structure initiated on 2 June 2020 6 June 2020 OIL POST NUMBER 3(B) – – –  UPDATE ON:  Strategy (using ICE Brent Options): 1. Sell 1x September 30 Put (expiry:  28 July 2020); and 2. Buy 1x December 55 Call (expiry: 27 October 2020),...