smasty 5:39 am on Wednesday, January 3, 2018
Tags: RiskReversal ( 86 ), UOA ( 12 )

SPX #UOA Here’s one to…

SPX #UOA
Here’s one to just keep tabs on for fun. Yesterday Trader bought an opening #RiskReversal Selling June 2475 puts @33.50 x 5000 contracts to buy June 2775 calls @33.75 x 5000 contracts. This morning Trader is up $1,400,000 (pre-market mid)

smasty 5:40 am on Wednesday, January 3, 2018
Bobbie 6:01 am on Wednesday, January 3, 2018

wow
hcgdavis 6:31 am on Wednesday, January 3, 2018

Risk reversals are hugely profitable if you get the direction right.
- smasty 9:50 am on Wednesday, January 3, 2018
  
  He’s got $5,500,000 in 24 hours 🙂 fun to watch
  - whitemare 1:01 pm on Wednesday, January 3, 2018
    
    could you translate that order/paste into a sentence for the dyslexic among us?
    - smasty 1:32 pm on Wednesday, January 3, 2018
      
      Yesterday that Trader Sold (to open) 5000 of the June 2475 puts for $33.50 per contract (worth $16.75 M) to Buy (to open) 5000 of the June 2775 calls for $33.75. Trader is still up about $5.5 Million in 24 hours on this trade.