Dest's Everything Journal

[destriero]

I'm in a holding pattern waiting for a macro setup, so I probably won't have anything until the last hour of trading. Mixed results on vol outside of NDX, but up nicely nonetheless.

My TSLA thesis read like non-public info. I called that they could not be seen underwriting at 8.5% (bond offering) and would have to issue shares. Within days Tesla announced a $2B share registration. Yeah, this is bullish over Q2, Q3. I have flied-off my TSLA position at a credit and it pre-dates this journal. No risk on TSLA.

And yes, I have doubled my account(s) since November. The doubling period had been from Aug/Sep to date.

 

[destriero]

I am still short a bit of index delta overall, as all of my positions are large cap NDX components.

 

[NQurious]

B1 shorts the rally all the way loses a sim fortune ... Dest say Fvck that I'm selling the f'n top lol

 

[destriero]

DestFive:

Long the SPX MAY8 2875/MAY10 2850 put diagonal from 0.50 credit. 5% allocation. Long May10s, short may8s.

Short 1 ES per ten lot. (2913)

 

[destriero]

I am being transparent with fills, but it's going to be hard to keep to the allocation %. How do you allocate with futures if you've got a GTC stop in the system? Do you allocate based upon maint. req or the stop? Stops can be traded through, so neither is practical. Risk-tolerance is personal.

I am going to base (spread) PNL on the debit req on spreads. Any position with variation margin will calc PNL based upon the overnight req. You can allocate as you see fit. It's too complex to allocate for the reader. Take the fills (or don't.).

 

[Doobs789]

How dare you offer out free money!?! You've got some nerve...

 

[destriero]

DestFive:

Long the SPX MAY8 2875/MAY10 2850 put diagonal from 0.50 credit. 5% allocation. Long May10s, short may8s.

Short 1 ES per ten lot. (2913)

diag is 5x10 debit.

 

[destriero]

Working the GOOGL MAY17 1120/60/00/40 condor from 25.5 risk (25.3 mid). I have some calls in one account and the iron in another.

DestTwo: Long GOOGL MAY17 condor from 25.5 risk. I would risk 3.8% of account (max) if taking this trade. PNL will reflect that figure.

22.5 off. Loss of 3. Mid is 22.4.

 

[destriero]

DestThree:

Long the MAY10 BABA 175/195/205 132C fly from 11.8 (11.7 mid). Short 10 BABA shares per contract.

Vol-position +5 deltas per contract
-10 delta in shares
(5) delta pos.

3% allocation on vol-position (absent share req).

12.35 off.

 

[destriero]

DestFour:

Long the MAY17 SPX 2825/2900/3000 231P fly (asym PNL at wings) from 34. 33.7 mid. Synthetic is trading a dime better, so pick 'em.

5% allocation.

(23) delta pos marked.

That's it for today. I will build a sheet for these trades and share it here.

Off 38.1. Currently 38 mid. Gain of 10.5%.