No Delta-neutral Trading This Week

This is a snapshot of my portfolio from MarketWatch taken after the end of trading yesterday:



I have left the portfolio delta fluctuate this week. The thumbnails below link to snapshots of IVolatility basic calculator showing the greeks of my portfolio components the morning of the 28 and yesterday's morning:



The total delta of the portfolio has been bouncing between a negative and a positive value, averaging out to about zero over time. However, the total vega is decreasing and the total theta is increasing. That means that the portfolio is becoming less sensitive to a change in volatility and time decay is getting stronger. I may want to take profits at some point.



Categories: stock options, volatility
Technorati Tags: stock options, volatility