atticus' "ship it" vol trading journal

[cdcaveman]

Quote from johnshepherd59:

These weekly flies seem pretty dangerous. Even a 2% move up or down will result in a huge loss.

Weeklys are hard to price right..

 

[atticus]

Performance to date: -8% with the GOOG loss. Currently in the put and call Oct 650/690/730 in AAPL from 13.70 average.

 

[Doobs789]

Looking at getting short some deltas in SPX here. Perhaps some flies and cals neutral to 1450 or so.

 

[cdcaveman]

Quote from atticus:

Performance to date: -8% with the GOOG loss. Currently in the put and call Oct 650/690/730 in AAPL from 13.70 average.

What..... what Google trade ????

 

[Doobs789]

Quote from cdcaveman:

What..... what Google trade ????

The weekly 20/30/40 fly. Be happy you didn't do it.

 

[cdcaveman]

Quote from Doobs789:

The weekly 20/30/40 fly. Be happy you didn't do it.

I learned my lesson I hope on a short winged aapl weekly fly....Iwanna be long vol gamma into weekly opex.. I fucking hate losing money

 

[Doobs789]

Quote from cdcaveman:

I learned my lesson I hope on a short winged aapl weekly fly....Iwanna be long vol gamma into weekly opex.. I fucking hate losing money

This is also a good way to lose money.

 

[cdcaveman]

Everyday I learn new ways to lose money!

 

[MentalTunnel]

I just read the complete journal and there is lots of good stuff here. I will be following this journal on a daily basis now. Thank you for sharing.

 

[MentalTunnel]

I just read the complete journal and there is lots of good stuff here. I will be following this journal on a daily basis now. Thank you for sharing.