/ Trading

Options Spread position at expiry

I've been spending the last couple of weeks creating some algorithmic trading code. I took a spread position on the markets earlier this month. I wagered on fairly large movements from Spot. I had an inclination that it would move -vely but my gut hasn't been something to talk home about! So, I decided to take a spread position.

The position costs were quite expensive, but I'm glad that the position expired in the green with good returns today.

Here is the final payoff at expiry! Whoosh! :-)
Its been a while! ;-)

Spread position at expiry