atticus' single-name delta book

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From what I was listening to on the radio, the sequester is a very long term thing. The real impact may never actually be noticed or appreciated.
 
Quote from newwurldmn:

From what I was listening to on the radio, the sequester is a very long term thing. The real impact may never actually be noticed or appreciated.

It's almost completely irrelevant. The $$$ this year is only about $40B and they can act at any time to change things.

There are other potentially actionable (market might care) items later. The CR dies around March 27, so the gov could shut down and the debt ceiling needs to be bumped up at some point. Italy was a bigger deal for a few days.
 
Quote from atticus:

The mkt?

I bot the NFLX Mar15 165/185/205 fly at 7.25 risk (6.95 x 7.40) for 7%.

Out 7.75 (7.85 mid). I like it but not enough to hold it into the weekend. I expect a lot of movement on Monday in the broad mkt.
 
Quote from atticus:

Out 7.75 (7.85 mid). I like it but not enough to hold it into the weekend. I expect a lot of movement on Monday in the broad mkt.

saw your fly.. picked up a cal.. dumped it . obviously size was a little to small haha...

+ BOT 1 NFLX - MAR 08 '13 + MAR 15 '13 185 Put Calendar Spread 2.10 USD SMART FEB 28 15:09:21 OptTrader

+ SLD 1 NFLX - MAR 08 '13 + MAR 15 '13 185 Put Calendar Spread 2.30 USD SMART 11:28:45 2.15 null
 
Pure straddle sale in Mar15 AAPL. Long the 380/440/500 fly from 39.90 risk (60 mid). Looking for a touch of 440 next week. Yawn, 8% of notional.
 
Quote from atticus:

Pure straddle sale in Mar15 AAPL. Long the 380/440/500 fly from 39.90 risk (60 mid). Looking for a touch of 440 next week. Yawn, 8% of notional.

Uncle. Out at mkt (35.30) for a loss of 4.60 or 0.96% on port.
 
Quote from atticus:

Sold the PF in ES Mar15. 1460P at 9.25 against a fill of 93.50 futures (done 4x1 via futs; 3x1 in options if natural). I'll be back with the value in a bit. 10% at overnight req.
2.40 avg out on the puts; 17.00 out on futs. +3.9 ES gained. mktable.
 
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