Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Premium

StratOptions: Brexit Helps Us Close The Month With 2.5%, June Edition Part 2

optionalysisHeader.jpg

This time we took the volatility on the Brexit day to get a trade that made us a decent profit. Even though the market rebounded nearly 300 points, we didn't lose money on writing options, and in fact benefited from the drop in volatility.

The Brexit Day:

At about 11 AM, We shorted one lot of the July 8000 straddle at 364. (The call option we write at 183 and the put option at 181).

At the same time we take a short ratio spread . . .

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial