Closed: TLT March 18th 151/2 x 163 Ratio Backspread... for a 26.21 credit.
Comments: Filled this bearish assumption back ratio on TLT strength for 23.99 (See Post Below). Manually closed it today for a 26.21 credit; 2.22 ($222) profit; 9.3% ROC.
Backratiospread
Closing (Margin): TLT June 17th 2 x 171/153 Back Ratio Spread... for a 39.10 credit.
Comments: Opened this puppy up for a 36.45 debit on TLT strength. (See Post Below). Taking some risk off by taking profit here a little shy of my profit target, as I've got another short TLT setup on already (a March 18th 151/2 x 163 back ratio). 2.65 ($265) profit; 7.3% ROC.
Opened: TLT June 17th 2 x 171/153 Put Back Ratio Spread... for a 36.45 debit.
Comments: Another put back ratio spread, this time longer-dated. Buying 2 x the 75 deltas and selling 1 x 50 delta to create a -100 delta short position in 20+ year paper on strength here. Will look to take profit at 110% of what I put it on for.
Closed: BARK May 20th 2 x 5/7.5 Back Ratio Spread... for a 3.47 credit.
Comments: In for 3.15 on Friday (See Post Below), out today for 3.47 shortly after the open. .32 ($32) profit, 10.2% ROC.
Opening (Margin): BARK May 20th 2 x 5/7.5 Back Ratio Spread... for a 3.15 debit.
Comments: My dog got into my brokerage account and took this trade (and then ordered a bunch of Bark Box stuff).
Buying two 75 deltas out in May, selling the 50 delta to yield a synthetic position with a delta metric of around +100. I'll start looking at taking profit at 120% of what I put it on for.
