Global Swing Trades using Options

Trade #14: Bear Put Spread in S&P500 closed in loss

A sharp turnaround has passed my Stop Loss on this one, so I've closed early with 65.2% loss. An expensive couple of days! As the ES Futures Option Contract has contract size of 50, each contract produced USD3,638 loss.

Trade #15: Bear Put Spread in Oil

I opened a directionally short position in the NYMEX oil future yesterday after a breakout to the downside following a period of consolidation.

Trade #14: Bear Put Spread in S&P500

I opened a directionally short position in the S&P500 future earlier today to benefit from a weakening in price after a period of consolidation. I got a reasonable fill but will be watching this in case price rises.

Trade #13: Bull Call Spread in S&P500 Closed at a small loss

nb This relates to the trade opened 27 October, wrongly labelled #10. S&P500 has softened in the last few days and my Stop Loss has moved up to meet it so I closed this early at a loss of 7.2%. As the ES Futures Option Contract has

Trade #10: Bull Call Spread in S&P500

I opened a position in the S&P500 Future this morning to benefit from further strengthening in price after a breakout following a volatile week. My analysis of Friday's close also gave a bullish signal on Nasdaq but the index moved up faster over the weekend and

A quick update in the absence of trades

The major markets have been grinding upwards with frequent All-Time-Highs, which is great for our investments but hasn’t produced the kind of price action for me to take shorter-term trades.  I missed a couple of - profitable, with the benefit of hindsight - set-ups whilst on vacation in September

Trade # 12: Bull Call Spread in Treasury Bonds filled in profit

Whilst I was on vacation, closing orders filled with 33.1% profit over 8 days. As the ZB Futures Option Contract has contract size of 1000, each contract produced USD687.50 profit.

Trade # 12: Bull Call Spread to capture downward move on Treasury Bond Yield

...and move upwards in price, and drop in volatility after move on Friday.

Trade #11: Bull Call Spread in Nasdaq closed in loss

I didn't get a confirmation of strength in this position and the sell-off overnight has passed my Stop Loss on this one, so I've closed early with 24.5% loss over 5 days. As the NQ Futures Option Contract has contract size of 20, each contract

Opened a Bull Call Spread on Nasdaq

Markets are feeling toppy but the analysis suggests there is potential upside in this trade, opened earlier today. Conversely, given low volatility, its a great time to hedge any long positions.

Summary of first ten trades: 19.3% profit in 9 days, with Sharpe Ratio of 3.4!

Our Trades Are Beating the Market – Consistently! Even with two losing trades. Highlights: * Average profit per trade: 19.3% - slightly below historic performance * Average trade duration 8.9 days - in line with historic performance * Sharpe Ratio: 3.4 – risk-adjusted returns that most fund managers dream about * Trading 1

Trade #10: Bull Call Spread in Nasdaq closed in profit

Closing orders filled yesterday with 15.9% profit over 2 days. As the NDX Futures Option Contract has contract size of 100, each contract produced USD6,750 profit. Now that I have 10 trades opened and closed on here, I'll put together a summary in the next day

Trade #10: Update

As Nasdaq price rose today and Implied Volatility fell slightly, my first closing order just filled at 4.71, which is just over 10% profit, in 1 day.

Trade #10: Bull Call Spread in Nasdaq 100

I opened a position in Nasdaq - the Index this time - yesterday to benefit from a strengthening in price after a brief period of consolidation. I slightly overpaid for this and would have preferred to BtO below 400.

Trade #8: Oil Bull Call Spread closed at a loss

Closing orders filled today with 35.7% loss over 7 days. As the CL Futures Option Contract has contract size of 1000, each contract produced USD1190 loss. Trade 4 (another Bull Call Spread in oil) made 66% profit which mitigates this a little.

Trade #9: Treasuries Bull Call Spread closed in profit

I made a slight error when entering selling orders, so they filled more quickly than planned or expected, at a profit of 16.0% in 2 days. As the ZB Futures Option Contract has contract size of 1000, each contract produced USD267 profit.

Trade #7: S&P Bull Call Spread closed in profit

Closing orders filled overnight with 28.9% profit over 10 days. As the ES Futures Option Contract has contract size of 50, each contract produced USD2,050 profit.

Trade #9: Bull Call Spread in Treasuries to capture lower rates and higher price

I opened a position in US Treasuries yesterday to benefit from a softening in rates and increase in price after a period of consolidation. Opening price was 1 (42/64) but decimal is shown for clarity and simplicity.

Trade# 8: Bull Call Spread to capture move upwards in Oil price

I opened a position in oil on NYMEX yesterday after a breakout to the upside.

Trade #7: Bull Call Spread to capture S&P move upwards

I opened a position in ES late yesterday to try to capture further upside as theta falls. If this were discretionary I probably wouldn't have opened it, but the technical set-up is there so I'm led by the data.

Nasdaq Futures contract closed in profit

Following the run up in the index, closing orders on the second Paper trade would have filled in profit. Obviously, I could have left this open and declared a greater profit, but I'm reporting the profit that I would have aimed for. As the NQ Futures Option Contract

S&P 500 Bull Call Spread closes in profit

Following the run up in the index, the Paper trade is showing a profit at which level closing orders would fill. Obviously, this could be left open and will probably fill at a greater profit tomorrow, but I'm reporting the profit that I would have aimed for, and

Paper trades to capture rising S&P500 and Nasdaq markets

I was away from my desk last week on vacation. There were some trades triggered which I did not trade. Estimating prices using Black-Scholes for last week to share here in case there is interest in future. 24/06/2025 BtO ES 10/07/2027 5950/6150 Call Spread for

Bull Call Spread to capture upwards move in oil price closed in profit

Events in the Middle-East drove the oil price up last week, and closing orders filled today 66.2% above opening price 10 days ago. Contract size for oil is 1000 barrels, so each contract earned USD1,470 profit.

Bull Call Spread to capture Nasdaq move upwards closed in profit

Following recent rise in price and fall in volatility, closing orders filled yesterday with 38.1% profit over 15 days. This neatly illustrates the geared effect of this trade structure. Underlying price moved from 21552 to 21845, which is an ungeared change of 1.4%. This trade produced 38.1%