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Old June 24th, 2012, 07:35 PM
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matthew matthew is offline
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Soybean Trade Loss of $477

Current market price is 1452 in August. Buying 1 August Soybean position at 1469 and selling 1 August soybean positions at 1435 on a different account. The total stop loss on this position is $1700. I'm also selling 1 August put option at a 1310 strike price for $431 and also selling 1 August call option at a strike price of 1640 for $550. Total premium collected will be $981. These options will turn into covered calls and covered puts if we get hit on our positions. The overnight margin for one futures contract is $. The margin for the call option is $ for both calls and $ for the put option.
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Old June 25th, 2012, 11:17 PM
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Current market price is 1452 in August. Buying 1 August Soybean position at 1469 and selling 1 August soybean positions at 1435 on a different account. The total stop loss on this position is $1700. I'm also selling 1 August put option at a 1310 strike price for $431 and also selling 1 August call option at a strike price of 1640 for $550. Total premium collected will be $981. These options will turn into covered calls and covered puts if we get hit on our positions. The overnight margin for one futures contract is $. The margin for the call option is $ for both calls and $ for the put option.
I moved my buy stop to 1479 and got hit today during the day and exited at around 1471 for a loss of around $400. I also got hit at 1479 during the overnight and exited at around 1459. I lost around $1400 on the futures but still have around $981 on the options I wrote, I have a loss so far of $419.

I've placed new orders again at 1438 and 1478.
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Old July 5th, 2012, 04:23 PM
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matthew matthew is offline
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I moved my buy stop to 1479 and got hit today during the day and exited at around 1471 for a loss of around $400. I also got hit at 1479 during the overnight and exited at around 1459. I lost around $1400 on the futures but still have around $981 on the options I wrote, I have a loss so far of $419.

I've placed new orders again at 1438 and 1478.
I exited the 1310 put positions for a profit of $373, the original amount I wrote it for was $431. The market is starting to rally, I still have my call option I wrote. I will place another trade to cover the call once we get up to 1640 territory.

My total loss so far is $477
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