atticus' "ship it" vol trading journal

[atticus]

Quote from Doobs789:

I'm still holding those 640 calendars so I am neutral to 635, albeit they're showing a slight loss. Also, still in that 640 Dec fly. Going to sit tight for now and see what happens towards the close.

I like the 615/635/655 fly if I was initiating a new position.

ha

 

[Doobs789]

Quote from atticus:

ha

Haha nice. I like it at 6.00 or so. But the shares are rolling over now, could be a good entry point, but I'd rather wait and see if it can recapture 630.

 

[Doobs789]

Quote from Doobs789:

Haha nice. I like it at 6.00 or so. But the shares are rolling over now, could be a good entry point, but I'd rather wait and see if it can recapture 630.

Filled at 6.20

 

[cdcaveman]

aapl.. sell off into the close?

 

[Doobs789]

Quote from cdcaveman:

aapl.. sell off into the close?

Rally to 635?

 

[cdcaveman]

strike pin and otm options to zero? hah

 

[Doobs789]

Quote from cdcaveman:

strike pin and otm options to zero? hah

Yeah it's looking like 630, which is fine by me.

 

[atticus]

***** Trade of the month *****

New segment! Short Nov VIX risk-reversal at a nickel (call/put; even mid). Short the 20C and long the 17P at $0.05 debit. Futures at 17.80 last. Realized vol will be very low into the election and a rally, post. Expecting a touch of 15.50 basis Nov futures prior to exp.

 

[atticus]

The VIX R/R is $0.05 x $0.10 now.

 

[Doobs789]

Quote from atticus:

***** Trade of the month *****

New segment! Short Nov VIX risk-reversal at a nickel (call/put; even mid). Short the 20C and long the 17P at $0.05 debit. Futures at 17.80 last. Realized vol will be very low into the election and a rally, post. Expecting a touch of 15.50 basis Nov futures prior to exp.

Liking it. Nov contract should come in. Can get a good price right now.