Adam's Vol Edge Trading Journal

[Justrade]

probably something to do with this.......

https://www.elitetrader.com/et/threads/trading-option-pitchforks.244704/

theres also some info here

https://www.elitetrader.com/et/threads/riskarbs-combo-to-fly-conversion-journal.62104/page-68

look up Atticus, Riskarb journals.... lots of information about it there

 

[Doobs789]

Hi Doobs789,

How does one go about learning to trade in the way that you do? I'm definitely on the newer side of options trading after being introduced to it via the Wheel strategy two months ago(I've been trading equities and index futures directionally for a few years).

I see you recommended a few

View attachment 218544

-Out of AAPL for 5.00 risk (5.00 cr)
-Out of GOOGL for 32.50 risk (27.50 cr)

I'll update journal PnL later. Had to step away from desk.

 

[PoopyDeek]

PF = atticus (me) pitchfork. There are pitchfork threads and a journal as well.

 

[PoopyDeek]

The only data I import from broker are bid/ask prices for each strike. Vols/Greeks are derived from option prices. Vol curve is interpolated/smoothed using cubic spline, and adjusted for p/c parity. Rates are interpolated from treasury yield curve, DTE adjusted for am/pm settlement, holidays. For index, euro-style, I use BSM. For Equity/American it’s binomial, adjusted for Divs. For any bespoke calcs (PF, straddles, atm vols) I derive floating, OTC, penny-strike values. Values are robust, runs very smooth with r/t data, refreshes every 2 ms.

lol give them our entire framework!

 

[deltastrike]

lol give them our entire framework!

Now we know!

 

[PoopyDeek]

Now we know!

lol, but I am serious. Well it's most of it, anyway. #AdamDiahrreaMouth

RIP to riskarb, atticus, drownpruf, convexx, calculon, destriero... whomever else. I think those are most/all of my former handles.

 

[deltastrike]

lol, but I am serious. Well it's most of it, anyway. #AdamDiahrreaMouth

RIP to riskarb, atticus, drownpruf, convexx, calculon, destriero... whomever else. I think those are most/all of my former handles.

Don't worry, most people don't know let alone understand what he's saying.

 

[PoopyDeek]

I am long the Feb10/Feb14 3320/3310 put spread from 6.10. It was neutral at the close (+35D/-35D).

I just shorted futs here at 53.50.

Diag is up a buck. Up 12 on futures.

 

[PoopyDeek]

I am long the Feb10/Feb14 3320/3310 put spread from 6.10. It was neutral at the close (+35D/-35D).

I just shorted futs here at 53.50.

Covered 44. Holding diagonal.

 

[Doobs789]

No, I did not go dark just because I've had some losers. I had to attend to some family stuff today, and thus was away from the desk. I will post detailed accounting of journal performance tomorrow afternoon. By that time, I'll either be a genius or a bum, depending on level of spooz.