atticus' "ship it" vol trading journal

Status
Not open for further replies.
Long the AAPL Dec 555/585/615 put fly from 5.90 risk (5.80 mid), all-in. Won't be an exciting hold as it's a Dec position. I'll update some other vol-specs on here outside the journal account as well. I expect the monthly VWAP to be ~592... but didn't want to carry that much delta. I went with puts simply as I expect the body strike to be OTM near expiration, worth maybe a nickel on microstructure.

2h7i2dj.png


Thanks to Baron and Magna for cleaning up the sh*t.
 
Quote from taowave:

hi Atticus and others,
before you go,i had one question i have been meaning to ask.

When you trade calenders and butterflies,do you utilise 100% of the capital per Interacive Broker margin?

I ask this as I am up apx 4%,but I am using less than 5% of the capital in the account.

Yes,apparantly I am a pussy:)
More...

I am 100% allocation in the journal account, but it's small (well <100K). In normal production accounts I use Kelly after determining the vol or price edge. I am never above 20% per name/40% in portfolio risk. I was up ~30% in October on portfolio.
 
Quote from atticus:

Long the AAPL Dec 555/585/615 put fly from 5.90 risk (5.80 mid), all-in. Won't be an exciting hold as it's a Dec position. I'll update some other vol-specs on here outside the journal account as well. I expect the monthly VWAP to be ~592... but didn't want to carry that much delta. I went with puts simply as I expect the body strike to be OTM near expiration, worth maybe a nickel on microstructure.

2h7i2dj.png


Thanks to Baron and Magna for cleaning up the sh*t.
More...

You're in both the 585 and 590 for Dec in the journal?
 
Quote from Doobs789:

You're in both the 585 and 590 for Dec in the journal?
More...

No, that's (590) a small non-journal trade, as I waited until the close to move any size and it was too far from neutrality. I am in from 10.00 and up on it, but it's not for this account.
 
Hi,
would it be out of the realm of possibility to charge for participation?

I would pay for Atticus knowlege and an asshole deterrent

Quote from Baron:

Just for the record, I haven't been ignoring complaints on purpose. I have been super sick this past week with the flu, which has kept me laid up in bed more than anything else. Even as I type this, I'm cold as ice but yet sweating like crazy. I will go through the complaints and deal with them now.
More...
 
Quote from Doobs789:

Yep looking good here at 6.25 or so. The 590 fly (non-journal) is to, 10.80 now.
More...

I am out of the 690 this morning from 10.75. Up six-bits.
 
Quote from Doobs789:

Oh yeah? I still like it here. I think there's plenty left in it.
More...

My largest single name position is in the 685 now. Irons in the main account and puts in the journal account.
 
Status
Not open for further replies.
Back
Top