I had an ok day. I was out all day with kid's doc visits, but got a vanilla position in at the close. 1900/1940/1960 call asym. I don't have the debit handy and it's not for the journal. I bought some calendars as well at the 1915 strike looking for an inversion and some stickiness to mitigate any drop in vola if we rally back to 1925-30.
Anxiously awaiting the payoff at NINE VIX. I hear there is a vol-fund in Lantana FL that blew-up before that nine-figure could be realized. What's next? Honduras?
I had a small long at 1917 basis cash, but had to peel it off prematurely. Missed the run to 1930. We hit the zip-lines in Tahoe City and I was surprised to see us close on the low at 1906. I don't have much in the asym and I don't feel we'll crash or see 1950 anytime soon. Targeting a touch of 1889 and 1924 for the week.
A number's game. You throw out a 50-lot and see how they close it. Add if you're right. Sit on 50 if you're wrong and hedge deep ITM.