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  1. destriero

    Get Vaxxed Or Lose Your Job?

    lol Master's degrees.
  2. destriero

    Modelling skew dependent on vol of vol

    I was told that a drank a pitcher of SOTB pre-Hakkasan; six shots of Goose and some (ugh) CR at Hakkasan. Ofc the Crown Royal was straight out of the bottle. The girl was $1,000 offer but I was $800 bid. No takers. I have no memory of the event.
  3. destriero

    dest's overwrite journal

    Don't follow this trade.
  4. destriero

    Modelling skew dependent on vol of vol

    It's a skew play. You're less concerned with your vega than the smile dynamics. Short a put at 100, buy a call at 50, and you've got a $50 credit to lose in spot (hedge). The dynamic hedge is done in spot/futures. Obv as you go further OTM you gain vol-edge but increase risk. >edge, <hedge. It...
  5. destriero

    Free ALERTS to ALL Option Traders from Option Fundamentals

    OK, so what are the signals. Straight puts/calls?
  6. destriero

    VZ T - Why are Telecoms getting @$$-hammered?

    I have @kmiklas, the studio apartment, by the airport-dweller on blast. He doesn't know WTF is going on here.
  7. destriero

    VZ T - Why are Telecoms getting @$$-hammered?

    So the Four Season LV has this traffic circle for the valet. They had their limo parked in an awkward spot and this gig driver had to maneuver near the grassy knoll. Anyway, I rolled my ankle a bit on the curb and walked into the street to recover/keep from falling. I saw the car before I...
  8. destriero

    Modelling skew dependent on vol of vol

    Long vega, long delta (you got that) on index as upside calls are (-)skewed. OTM vols increase as they gain deltas. Hedged with short underlying or skewed structures (ps -> put spreads). You can't model it at static vol. Go long a 20D strike narrow call diagonal and price that (OTM) strike(s) at...
  9. destriero

    VZ T - Why are Telecoms getting @$$-hammered?

    Likely debt downgrades coming in Nov.
  10. destriero

    dest's overwrite journal

    No msg. I click and it's blank.
  11. destriero

    dest's overwrite journal

    And I came in long today...
  12. destriero

    Modelling skew dependent on vol of vol

    And FWIW, I am not trying to be shitty to new ppl by speaking jargon. I do so to be as brief as possible; not to obfuscate.
  13. destriero

    Modelling skew dependent on vol of vol

    Index vols trade inverse to index price. Same with single name even if the SN series is not explicitly-skewed. Meme stock vols are correlated to price -> short bull combos. Skew goes up when vols go down -> trade LVLD hedged with spot.
  14. destriero

    So whats up with this sell off 9-20-2021

    fucking l o l. bīng qí lín!
  15. destriero

    Midnight rally

    lol you literally bought the top print.
  16. destriero

    dest's overwrite journal

    lol we did Hakkasan on Friday night (Oct 1). Thanks.
  17. destriero

    Fury v Wilder 3

    Yeah, the prop had him at -3000 after Wilder got dropped the first time. He did indeed seem to be toying with him.
  18. destriero

    Modelling skew dependent on vol of vol

    And a share fly is a short natural straddle + upside call wing (syn-share fly). I prefer to do the natural shares in lieu of the natural straddle (synthetic share fly) as I can overwrite and hedge discretely.
  19. destriero

    The IP (illegitimate president)

    Biden’s Stock Markets Are Still Ahead Of Trump’s Even With September’s Weakness.
  20. destriero

    Sen. Ron Johnson: 63% Deaths In Fully Vaccinated In England

    Amongst those who have died over the last 28 days, 30.6 per cent were fully vaccinated and 69.4 per cent were unvaccinated or partially vaccinated.
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