Lessons Learned

The USG positions generated a 28.42% profit. I would have made even more if I had not rebalanced twice to keep the delta low. Volatility increased during the time I hold the positions. It is leveling off now.


ECA positions generated a 21.38% profit. In this case rebalancing once increased my gain. Volatility increased and it still increasing now.


I basically broke even with DNA. The first rebalancing avoided actuallu losing money on these positions. The second rebalancing prevented me from making a bigger profit. Volatility started growing late in the trade and it is already leveling off now.


I lost 30.65% on OSTK positions. I would have lost less if I had not rebalanced. I would have essentially broken even if I had closed these positions earlier. Again, volatility started to grow late into the trade.

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