atticus' single-name delta book

[RPEX]

Quote from atticus:

I am done for the day and am flat in this account, save for some locks and dispersion out to Mar. Going skiing.

I'll update the journal account when I add positions and close GS and AMZN tomorrow.

If you weren't going skiing, would you be inclined to push the AMZN position much further?

 

[atticus]

Quote from atticus:

Term-structure trade in AMZN. Small in the 265 calendar in Jan/Feb. Long from 8.65 (58 mid), 5%. Vols will diverge by five handles by Jan exp.

Out at mkt, 7.80 bid. -0.85.

 

[atticus]

Slow day, but I put on a lot of risk on in non-journal trades.

 

[IV_Trader]

I think FB is a rent free trade now...or very close to it

 

[atticus]

 

[atticus]

Quote from IV_Trader:

I think FB is a rent free trade now...or very close to it

Short the cal?

 

[atticus]

nada realized.

 

[atticus]

-$2,288 realized on the offset of a share hedge.

 

[newwurldmn]

Why only show realized given that presumably a lot of your pnl will be unrealized at any given point in time and realized pnl maybe offseting unrealized pnl.

 

[atticus]

Quote from newwurldmn:

Why only show realized given that presumably a lot of your pnl will be unrealized at any given point in time and realized pnl maybe offseting unrealized pnl.

Because I don't miss a day of realized and my positions don't extend beyond the quarter. I'll show unrealized on big days (realized and un) and add color. I take issue with those that only post when they win big.