atticus' "ship it" vol trading journal

Doobs789 · Sep 19, 2012

Quote from atticus:

I've got a sell on GOOG here at 428 basis some black box output. Can't go into Oct easily as it's the Q binary, so I will trade the weekly on the opening rotation tomorrow.

Won't be for the journal performance as I am still in MA Sep.

I've been trying to play GOOG, thing just keeps going up though

atticus · Sep 19, 2012

Quote from Doobs789:

I've been trying to play GOOG, thing just keeps going up though

Didn't I just state I had a sell signal on GOOG? lol but seriously, I am short small here at 727.90 and will get short more in the first half hour tomorrow.

Doobs789 · Sep 19, 2012

Quote from atticus:

Straddle substitute. The 400/450/500 for Oct. Most of us in from the mid 29 handle.

I should've sold some common when it was at 455 earlier, still might

atticus · Sep 19, 2012

Quote from Doobs789:

I should've sold some common when it was at 455 earlier, still might

No Bro, you're already short D in the Oct fly to 450. No need to add risk to the position. It's beautiful just the way it is.

Oh you're referring to the Sep fly?

Doobs789 · Sep 19, 2012

Quote from atticus:

No Bro, you're already short D in the Oct fly to 450. No need to add risk to the position. It's beautiful just the way it is. Oh you're referring to the Sep fly?

Yeah referring to the Sep fly. I am long D now as it's a bigger position for me.

atticus · Sep 19, 2012

Quote from Doobs789:

Yeah referring to the Sep fly. I am long D now as it's a bigger position for me.

Regardless, I don't like the Sep MA. The stock always moves two down, one up. Then you see a 12 handle move come out of nowhere. I am committed to Sep for the journal acct, but it's small in relation to my book. FWIW, I am much bigger in Oct. I am probably 20% of OI in Oct.

atticus · Sep 19, 2012

Quote from atticus:

Didn't I just state I had a sell signal on GOOG? lol but seriously, I am short small here at 727.90 and will get short more in the first half hour tomorrow.

Increasing GOOG short, avg position from 727.65 short. Not a journal perf. entry.

Doobs789 · Sep 19, 2012

Quote from atticus:

Regardless, I don't like the Sep MA. The stock always moves two down, one up. Then you see a 12 handle move come out of nowhere. I am committed to Sep for the journal acct, but it's small in relation to my book. FWIW, I am much bigger in Oct. I am probably 20% of OI in Oct.

It's up nicely here, maybe get rid of it then? If you think 450 is more likely in the next two days.

"I am probably 20% of OI in Oct."

Love it

atticus · Sep 19, 2012

Quote from Doobs789:

It's up nicely here, maybe get rid of it then? If you think 450 is more likely in the next two days.

"I am probably 20% of OI in Oct."

Love it

The thetas are massive so every hour you abstain gives you more ammo to hedge. I'd short some stock or even sell a synthetic to keep it on. I'd like to get 4.50 tomorrow.

atticus · Sep 19, 2012

Ha, I forgot about the rating system on ET. Someone just PMed me and told me this journal has two stars... I will not be satisfied until the haters take it to one star.