dest's discord group--tickers, structuring and pnl

[traction]

Reco: short the SPX May29 2940 combo from 99.8. It's par-mid here.

TRADE3

Novice here trying to follow your coat tails. Im deep into the books you recommend but can you please explain what the exact trades you put on for this combo were?

 

[shh]

Novice here trying to follow your coat tails. Im deep into the books you recommend but can you please explain what the exact trades you put on for this combo were?

I think he means to short the straddle. Short put and call both 2940 strike. Just a guess, because what's the point of shorting ATM put and buying ATM call, if he can long the futures instead. Sorry for not being that helpful

 

[destriero]

Short ES from 02.5. Long penny call against it in SPX to reduce haircut.

 

[destriero]

I have something similar in the same exp. Long the MSFT May29 172/182/202 231P asym-fly from 11.9 mktable (11.78 mid). I would be relatively large in this. 10-lot per $100K net liq. Do the synthetic.

TRADE4

Out 14.45 (+2.55) as my gamma is getting chonky here. Up 4.2% on account.

 

[destriero]

Novice here trying to follow your coat tails. Im deep into the books you recommend but can you please explain what the exact trades you put on for this combo were?

Sorry, normally "shorting the combo" would mean to short the call, long the put, at the 2940 strike. I would not do that over simply shorting futures. So in this case it's the short straddle.

 

[destriero]

Also the May29/Jun5 325/330 call diag from (NBBO is -0.10 to 0.00) to even money. It's a lock. Short the May 225C; long the June 230C, one to one.

TRADE2

Covered at 0.50 (mkt is 0.55 mid x100) for a gain of 50/per. I would have held it through May29 exp, but I am an AAPL bear here and the weekend stress is only good to 315.

 

[destriero]

Trade1: Short 13.1 to open; bot 11.55 to close
Trade2: Open
(Trade3: Short 99.8 to open; bot 72.6 to close
trade3a: Bought 13.45 to open; sold 2 to close)
Trade4: Open
Trade5: Open
Trade6: Short 4.7 to open; bot 2.25 to close

I am up 3.2% on these closed positions on IRA net liq.

Trade2: gain of 0.5 (10% on req)
Trade4: Gain o4 2.45 (21% on req)

Only the FB and (new) ES short from 02.5 remain.

Up 5.1% on account.

 

[destriero]

Short ES from 02.5. Long penny call against it in SPX to reduce haircut.

*ES call. SPX did not x-margin.

 

[destriero]

TRADE8: Long the AAPL JUN5 290-340 121 fly for $13.95 risk. Done via the synthetic. This was done in size; 10-lot per $100K in net liq.

 

[destriero]

Awesome close to the day. Short ES, short AAPL deltas, in size.