From the category archives:


Hedged the Condors

May 7, 2010 by Ryan Barr

Rather than locking in profits a touch early, I’ve hedged off the SPY and IWM positions that are currently open. Read more to see which strikes were used, a quick bit of commentary on the hedges and a brief insight into my views for the next few weeks in the market.

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Computers Run Amuck

May 6, 2010 by Ryan Barr

Wow!  The High Frequency Algorithms sure made a mess of the Dow today!  Currently my IWM condors are looking very good and have lots of room for the ETF to float around up and down.  The SPY position is a little closer to having some issues, so I’m going to either hedge off some of the risk, [...]

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A few more contracts added to May IWM Iron Condor

April 7, 2010 by Ryan Barr

I was filled on 25 more IWM Condors on the 6th, click in to see a quick bit of analysis on the trade.

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Filled IWM May 2010 Iron Condor

April 1, 2010 by Ryan Barr

The first of many Condors in the Papermoney account has filled. This is an IWM Condor. The SPY order has yet to fill, quite frankly, I don’t expect it to fill at all, so I’ll investigate a few new positions next week.

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Can we get some wings in May?

March 31, 2010 by Ryan Barr

Now that I’ve finally gotten everything closed out, it’s time to get the Condors rolling. I’ve thrown two orders out into the papermoney portfolio for a 50 lot Iron Condors on the IWM and the SPY.  The IWM Condor should get filled fairly quickly, however the SPY has been put in well above the market/mid [...]

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Covered Calls and Short Puts work very well… If you manage them and pay attention!

March 22, 2010 by Ryan Barr

I’m a very busy person.  In my real accounts, I keep a very good eye on my money and have been generating handsome returns over the past few years.  Sadly, this hasn’t played out on the paper money account! Rather than play around with short calls and puts and all of that fun stuff on [...]

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Ebay, it was nice knowing you.

November 2, 2009 by Ryan Barr

Well, it looks like my stop on Ebay was tagged during the trading day today.  Ebay ended the day up, however during the day it dropped just far enough to tag the top and cause me to quickly exit the position. My short calls are November 25′s, EBay is trading at $22.38 and I’m fairly [...]

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Run for the stops – and getting short

October 28, 2009 by Ryan Barr

Well, the new papermoney portfolio just took a swing through stop central and unloaded quite a few positions, and with some triggered orders I added a few more while I was at it.  Time will tell if the additions do anything good for the portfolio, however I’m getting the sinking feeling in my gut that [...]

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Papermoney – Stopped out of EJ

October 26, 2009 by Ryan Barr

A few weeks ago I decided to tweak the papermoney portfolio again.  Rather than going for a bunch of option plays on index products, I wanted to simulate some “money management” via positional plays on individual equities and managing risk via index option plays as needed.  The goal with the portfolio is to earn roughly [...]

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Loading Papermoney for the Drop

September 6, 2009 by Ryan Barr

I’ve just added a whole slew of option positions into the order queue for my papermoney portfolio.  These are almost all October/November expiration positions that include long put butterflies, short call verticals, long put verticals etc…  I’ll post all of the details depending on the fills that I get.  Basically, I’m winding it up and [...]

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