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  • Trade view / Wednesday at 13:03 GMT
    Short term
    /
    Buy

    UPDATE: Pfizer options trade approaches target —#SaxoStrats

    Product Manager Futures and Options / Saxo Bank
    Denmark
    The NYSE biotechnology index climbed to a new high of 3,878 points yesterday, helping our bullish position in Pfizer. We are getting close to the take-profit target on this options trade. Our call position closed at $1.67, and investors could set a stop loss at the call's $1.10 purchase price.
    Read the Trade View
    3d
    ChristianK ChristianK
    Good call so far. I am not able to set a stop loss on the long call option. The platform will only allow input of a take...
    3d
    Georgio Stoev Georgio Stoev
    oops, we took the type of order out earlier this year. Will re-install soon. In process of creating new algos for various orders.
    2d
    ChristianK ChristianK
    Got it. Thx
  • 09 June
    Georgio Stoev Georgio Stoev
    we were able to collect 0.80 cents for the spread, at the open.
    09 June
    Mekong Mekong
    good trade, saw it showing for .85 for a bit there.
    09 June
    Mekong Mekong
    vols are taking a dive in Baba...
  • Trade view / 01 June 2017 at 13:49 GMT
    Short term
    /
    Buy

    Shares of Pfizer on the rebound — #SaxoStrats

    Product Manager Futures and Options / Saxo Bank
    Denmark
    NYSE ARCA Drug index rallied close to 1% yesterday on US and EU regulatory approvals. Shares of big pharma Pfizer have been on an intermediate down trend over the last 3 months, yesterday's lift could turn into a short-term rally and potentially back up to $34.75 .
    Read the Trade View
  • Trade view / 30 May 2017 at 14:40 GMT
    Short term
    /
    Sell

    UPDATE: Iron Condor on S&P 500 — #SaxoStrats

    Product Manager Futures and Options / Saxo Bank
    Denmark
    Update of Trade View from May 18. Despite a higher premium collected from selling this 5-wide iron condor, we were wrong with our slightly bearish view. The S&P 500 has recovered the losses and has gone through our long strike price of 2,410. With 16 DTE, we will make a small adjustment to "land" this condor safely.
    Read the Trade View
    10 June
    Georgio Stoev Georgio Stoev
    Yes, we will close or roll in the upcoming week. It's good to take advantage of the theta over the weekend.
    14 June
    vsquare007 vsquare007
    hi there would you recommend to roll closer to current SPX price for next month expiry ? The call CR spread options are worthless now.
    15 June
    Georgio Stoev Georgio Stoev
    We are rolling into 14 July 2350/23452450/2455 put call for &1.40
  • 30 May
    ChristianK ChristianK
    Hi Georgio. The spread on bid/ask seems pretty high on these options - ? The open interest level is also not so high - ? Thx.
    30 May
    Georgio Stoev Georgio Stoev
    welcome to European-listed options:) Actually the BMW issue is not bad in terms of spread, it could be much worse, e.g B/A 84 Call is 2.46-2.58 (0.12)...
  • Trade view / 18 May 2017 at 12:48 GMT
    Strategic trade
    /
    Sell

    Iron condor trade for rangebound S&P 500 — #SaxoStrats

    Product Manager Futures and Options / Saxo Bank
    Denmark
    The US equity market is taking a bit of a breather after strong first-quarter earnings. Friday's weaker-than-expected CPI readings could suggest a more dovish Fed. Financials and industrial goods stocks are lagging behind the consumer goods and technology sectors. Here we outline an iron condor trade on the S&P 500 index, which is a neutral to slightly bearish strategy with defined risk.
    Read the Trade View
    18 May
    Georgio Stoev Georgio Stoev
    Speak with the guys in Singapore about your rates, Mekong.
    30 May
    vsquare007 vsquare007
    Do you recommend to close and buy back the put leg and wait for call leg to be profitable with small drop in SPX in next 2...
    30 May
    Georgio Stoev Georgio Stoev
    Hi vsquare, will provide an update very soon. Stand by
  • 15 May
    fxtime fxtime
    Personally I work on the golden rule of VIX call very corrosive to your account as premium and time decay are horrendous. Safer IMHO just to await...
    16 May
    Georgio Stoev Georgio Stoev
    Good rule to live by...It depends what risks one wants to hedge at times, e.g. systemic non-systemic. It could make sense to buy VIX futures when...