[En] Smile Catcher sc 0.64.rdx / Position input method

Since this is a short report this time, let’s write the input method to the smile catcher’s position sheet as a simulation of the put and back spread of event play. I hope you can use it as a reference when managing positions with a smile catcher.

2018.12.07 (FRI) Observation before Employment Statistics

Yesterday was a huge shock, the stock markets around the world suddenly match the eyes, but as the rice market last night played a full return from minus 800 dollars, today a calm market without price is I am back. It may be the calm before the storm though.


Well the fun of tonight is 22: 30 . Friday night is not the case when I’m drinking from this time. It is not necessarily not to go drink. Before going out, observe the smile curve, if the money seems to be falling (vulgar) First of all, let ‘s leave the drinks and go out (Osan).


As for IV, today’s market is calm, so it is not amusing to scrape off something special made yesterday, but NS is getting fuzzy. This feeling … It seems to be a prime of (grin)


Although it is grinning and skew already stands, it is impossible to say flattery with a perfect smile curve to set up event play. Rather it is also a bit subtle, but it seems to be managed somehow. Well if you do not do it, it will not work as well, so let’s do it for the time being.


Position is always usual during event play, put back spread. Combine the spread before the event and repay it after passing. As the spread goes for taking the skew standing, the result of does not matter.


Before taking a position, let’s first observe the trend of the market while simulating the exercise price and the number of sheets. Do not rush.


Download and launch the legendary Nikkei 225 option trading support tool “Smile catcher” from the following page and prepare it firmly (explanatory sentences)

[En] Smile Catcher sc0.64.rdx / Download
Smile Catcher sc0.64.rdx / Download Good evening to the guild people. Report manager Emon. Now with this guild, wi...


Also do not forget to start Rakuten Market Speed ​​and Rakuten RSS.

[En] Smile Catcher sc 0.64.rdx / installation and launch
Smile Catcher zip file expansion 1. Right-click on the downloaded smile catcher "sc 0.64. Rdx" (x varies depending on...


20:50 Put Back Spread Entry

The put-back spread increases the number of buy balls of FOTM put. Of course, it is necessary to carefully build up the buyer as the difference of 1 yen and the number of x affect the profit and loss. Just because Mendokai does not hit the selling board, put a buy order and wait patiently. If you do not decide at a time you will hedge by applying a mini to an existing contract. Once the FOTM put makes the whole promise, build a seller.


Put back spread is not convenient when the market is moved while building a buy ball, so when you set up spreads it is better when the quotation is quiet as possible.


This time,

1812P 21750 @ -1 qty 390.00 JPY
1812P19000 @ + 33 qty 9.00 JPY

I tried organizing a put back spread. -1: Delta neutral with +33. Since the current value of the Nikkei futures is 21540 yen, it becomes “ITM ”. I think you will understand why ITM putt was sold later.

Let’s enter the position we built in the procedure of the image below into the smile catcher.

1. Open the “position” sheet of the smile catcher,
2. Enter the position within the red frame. The type is a selection formula of futures, mini, put · call.
3. When you can enter, press the “Update” button on the upper left.
4. Greek and position gains and losses are automatically entered in the dark blue frame. Greeks and position gains and losses are real-time renewals, so the values ​​should change from moment to moment. Welcome to Yoshikichi World.

To erase the input, select the corresponding cell or column and delete the value with “Delete” on the keyboard, or you can press “clear” button for all erase.


If you put this put-back spread on a payoff diagram, it becomes like this. This image is a modified smile catcher for myself, but the versatility height that it gives me as much as I like for ease of use is also a good place for a smile catcher.

Let’s enter the floor until we sit in front of 22: 30 .


22:15 Announcement of Employment Statistics in December

Futures are small moves.


IV has not changed particularly from the previous time.


There is no particular change in position either. Rush into as it is.


2018.12.08 (SAT) 00: 30 Full repayment

NY opened the market where I was upset by the non-responsiveness of . The NY momentum is not momentum yesterday, and it is not convenient for the position if it is stagnated or reduced at the current level. But if you cross the week at this position, Monday will almost certainly have a melancholy morning. So it is about time to prepay and pay all the money. This event play was completely misfire. Fierce reflection. On the other hand I think that you could use it as a teacher.


As with this smile curve, it is common for ATM ~ call side IV to drop most by event passing. That is, skew stands. The reason why you bother sold the ITM putt is kore. The hero is enough to make a DITM putt sale ball with call purchase + mini 10 sale. It was unfortunate this time.


Repayment of the put · back spread will also be carefully returned from the buyer of the FOTM put. Do not forget to affect 1 yen x number of sheets firmly in profit and loss.


After repaying the position, let’s input the repaid value to the smile catcher.

5. Input the value repaid to “settlement value” in the red frame
6. Press “Update” button
7. Value in the dark blue frame is automatically erased and profit and loss is fixed


In the following past articles also please simulate the put through play play of the put back spread so please see.

2018.11.06(火)19:15 プット・バック・スプレッドのエントリー(シミュレーション)ちょうどギルド集会所(skype)で話が出たので、あるポジションをスマイルキャッチャーでシミュレーションしてみることにした。米国では今年最大のイ
Smile Catcher (Nikkei225option Trading Support Tool)

【日経225先物オプション】専業トレーダー。Extremistan の僻地辺境、山岳地帯にひっそりと生息する Chronolynx(クロノリンクス) というユキヒョウに似たネコ科のサブスピーシーズ。好物はクズOP。2005年にFXデビュー後、2010年からオプションをメインにトレード。3.11で吹き飛んだことを切欠に、とある天才プロ集団であるクローズドギルドで勉強させてもらえることに。以来、戦友たちと切磋琢磨しつつ【ギルドの訓え】を身に付けるべく実践し、真剣に日々の取引を積み上げています。本サイトの開設は2018.07。

[Nikkei 225 option] trader. Snow leopard living in Extremistan, favorite is garbage OP. After FX debut in 2005, we trade the option to main from 2010. By noticing what we blew up in 3.11 we decided to study at a closed guild, a genius professional group. Since then, practicing to acquire [Guild's lesson] while practicing hardly with the fellows, we are accumulating daily transactions seriously. The opening of this site is 2018.07. TOKYO, JAPAN.

[Monthly profit and loss]

2019.03 +384,000 JPY
2019.02 +385,000 JPY
2019.01 +474,000 JPY
2018.12 +1,735,000 JPY
2018.11 +371,000 JPY
2018.10 +1,947,000 JPY
2018.09 +201,000 JPY
2018.08 +556,500 JPY

Emon Report for Nikkei225option trading