76 – 32 = 44

Delta : .785 - .542 = .243

 

JUN 5 10.40

 

6TH JUN 2024 9.35 AM  1253

171.55 – 91.8 = 80

 

 

 171.55 – 91.8 = 80

143 – 74 = 69

 

 

Bid :  143 – 74 = 69

Delta : .765 - .53 = .235

 

On 8th Jun 2024 Saturday

 

 

 

Starting spread 76 – 32 = 44

Delta : .785 - .542 = .243

 

Last spread for Jul 19 : 156 – 80 = 76

Delta : .8 - .565 = .235

 

76 – 44 = $32 profit for the investment of $44 (75%)

Last spread for Jun 14:: 131 – 40 = 91

 

Spread of Jul 19 – Spread of Jun 14

91 – 76 = 15

 

I could have gained extra 15$ profit i.e net profit could be 32+15 = $47

But for that I should have taken high risk. In case if it goes against my strategy,
then I will be ending up with huge loss.
Now I have thin theta  -.747

1208-(1080+156) = 28 is a premium / 5 days = 5.6 supposed to be the theta

I need to monitor the theta, and need to know how it is getting diminished

 

 

On 11th Jun

1080C   1200C

15.1 - 7.30 = 8