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OK, the overlapping flies are inefficient which results in a short 72/73 box, but the box does nothing for the structure. The guy is long the 71-74 condor. The call and put flies make it a combo and therefore you have a embedded box, so what? Buying the 71-74 call (or put) condor is the same thing.

It’s a condor. Overlapping flies become condors.

Eifert's Twitter thread is a solid explanation.

Infinite gamma.

Must supply collateral (nudes). I may open it to a few ppl in Q1.

No, you’re thinking of the tradestation thread.

lol this fool shorted an odd lot of BLK.

Yes, watch CNBC. If Cramer likes it then it’s overvalued.

it's a closed group for now.

US equity index.

Initial haircut on $1100 vega is $2K. Not my best structure but all PNL plots above x. Stupid good. <2W trade.

"I don’t want to belong to any club that would accept me as one of its members.”

The upside is that I've always been male and magnificent.

Yes, can you imagine the difficulty in working with inflatable silicon when silicone is so much more suited? @M.W., do immigration-obsessed Trumpers have preferred pronouns?

It's him, yeah. Racist German expat in Canada via Japan. @asiaprop was one of his early nicks.

Holy shit that thread pays. "An honest mistake."

@M.W.'s/@asiaprop's sock puppets are slipping. Comical. I'll remind myself on my gender pronouns when I log in as one of my acolyte aliases. A cautionary tale.

lol link? I will need a chromosomal-audit for asiaprop/@M.W.

It’s a joke. I can send you a pic of my turd circling the gold plated toilet in my gold plated house on my gold plated lake, you fool. You don’t understand the space. You mention fraud bc I explained to you the significance of the figure was the (unit) vega/buying power. In that respect, and...

Backstory. I had a client who knows O’Leary and I asked him on Signal about the deal. O’Leary tells people in his circle that he mostly took cash when in reality he took 100% FTT, so he’s incensed as he sees CZ as targeting FTX. ofc CZ could have dumped FTT without saying a word and dramatically...