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    option delta

    This one goes to 11
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    Your Gogo in-flight wifi is going to cut out once you cross the arctic circle.
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    That screenshot is from ToS mobile app. Don't know if he's executing there though, could be for illustrative purposes.
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    I learned from the best
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    Full disclosure: I don't have any position in AMZN. I do have the NDX Jun29 7050/7300/7425 132 iron fly from 98 risk (2-lot). Hedged with QQQ 175 calls. However, this is irrelevant, as I'm posting it ex post facto.
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    At current spot, 1750 now looks like a fade. So... Jun29 1650/1750/1800 132 from 48 risk.
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    Your stock position must be in another acct, no? For haircut purposes
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    I would. I mean...you have your whole IRA in it...hehe
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    Yeah right. You probably canceled your whole trip in order to manage this 10-lot.
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    The hedge is doing it's job. It's probably better you're on a plane today, so you don't have pay attention to intraday noise.
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    -AMZN down on court tax ruling news On second thought... That's the problem with single-names, you're exposed to firm-specific risks...back to index haha
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    That was a wise decision.
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    Need desk for 6 monitors plus stand

    Yes, it would be helpful if I included the actual link. https://maxto.net/
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    how to lock profits

    Has the option and/or spot price reached what you deem as "fair value?" If so, then close the position. If you are unsure of what fair value is, then how did you decide to make the trade in the first place?
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    I like the trade. I'm in NDX fly of same duration. Of course NQ futs are up. Perhaps street-vol is the place to be here. Index just seems to gap up w/o any respite. Whereas you can sell v/g in a given single name when it's at major levels.
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    Dispersion Trading

    You can call it whatever you want.
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    Need desk for 6 monitors plus stand

    I like the ability to maximize a window and keep it displayed on a certain screen. So more monitors are conducive to this. it's often tedious to arrange manually-sized "tiles" within one screen. Here's an app I found that allows you to maximize windows in their own regions within one screen.
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    Destriero/Atticus Vol Journals.

    This guy sounds like a total stud...he's probably hung like a rhino as well.
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    Need desk for 6 monitors plus stand

    Who cares what other people think. Get the system you want. I run 6 24" Dell Ultrasharps (1920x1200), mounted on Ergotech 3x3 stand. Granted this was back in 2013, so there may be better/cheaper options now.
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    Destriero's single-name vola journal (riskarb; atticus; et al)

    Why bother with the hedge, as it’s a paper trade.
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