2020: a dest odyssey

[destriero]

Yes 10% plus regular tax rate (up to 37% for high earners) if before 59 1/2, unless hardship (medical bills after losing job). So probably 40% at least?. Still, dest piled up these bux no sweat and would have had to pay taxes eventually anyway, unless it was a Roth.

Good luck dest, let 'er rip!

Thanks.

Anything less than a double at no more than 10% PTTDD will be considered a failure. If for no other reason that it wasn't worth the effort. I'll try to keep the thread open through LTD in Dec 2020.

 

[Stamamarti]

The trade is an asym-condor out to Jan20. Short 60D; long 220T; short 1,060V.

Dest.
Thanks for including (and enlightening...> us. Since you already disclosed the 'size' of this wallet ($98K), would you mind also include the percent BP reduction of each move. This would be most instructive.

With the very best New Year wishes to all...
SA

 

[destriero]

Dest.
Thanks for including (and enlightening...> us. Since you already disclosed the 'size' of this wallet ($98K), would you mind also include the percent BP reduction of each move. This would be most instructive.

With the very best New Year wishes to all...
SA

It's shown on the screen grab. This one was a $60K reduction.

 

[Saltynuts]

He started the thread just before 2PM today. There are only 8 posts in the thread, so yes, there would just one page of it.

Oh wow, now that I am home I see all the posts. At work I could not. Must be some screwy settings on my work computer, will have to check them. Thanks Overnight!

 

[guru]

The trade is an asym-condor out to Jan20. Short 60D; long 220T; short 1,060V.

It took me a while to figure this out but I think I've finally got it. Just not sure what's the name of this combo. "dest’s kitten"?

 

[destriero]

OMG no.

 

[guru]

OMG no.

Then back to the drawing board. Probably forgot to add the eyes and whiskers

 

[destriero]

You’re short a put and call backspread and long a couple additional puts.

 

[tsznecki]

I got to a point where I had two large commitments that I could not meet by liquidating my taxable accounts. I am still 15Y from retirement so it made sense at the time.

I don't get it @destriero. You clearly have more than enough net worth to retire, you probably don't even need your partnership gig.

I asked before and you responded but I don't believe you are doing this for $$$.

 

[thefuturestrader]

Well, I don't care why he's doing it. I just know I learn more and take a step closer to profitability every time he does a journal like this. Sub'd.