How to view the entire chart:
1. Try clicking on the name of the most recent article in the column on the right. This will remove the "Archives" list.
2. Try right click on the chart itself and open it on a separate window.
I am sorry that I cannot always make the chart small enough to fit neatly on the left column. I want you to be able to see the details I want to point out.
I Hope this helps,
Juan
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I have moved the long Puts UP again. This action removes a $9000 cash requirement due to the difference in strike price between my longs and shorts.

Here is the Platinum risk graph, now saved in the shared folder. Doing this not only protects me against downside risk, but also opens me to Vega gains. Notice that the options I sold had a higher IV than the options I bought. This is always good. I have limited my upside potential, but I am willing to live with that in this erratic market.


1 comment:
Juan,
It appears all you had to do was wait a few days for volatility to fall. You've freed up your cash requirements, adjusted for a much lower debit, $2K less, and retained PCCRC form. I like the Delta neutral play to lock in the profits you've already made. Now you stand to gain from a Vega increase which is sure to occur with AAPL over the next few weeks.
Thanks for the update.
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