Dest's Everything Journal

[destriero]

DestEight:

Long (short) the MAY10 NFLX natural (iron) 350/370/390/410 condor from 16.00 (4.00) risk. The natural is 15.9 mid. Short 15D per contract.

Color: IV/RV >1; and I want to be short spot here. R/R sucks but the strikes are wide.

 

[destriero]

Marks up on all open trades.

 

[destriero]

DestSeven:

I did this 30 minutes ago, but it hasn't moved. Long the SPX MAY10 2870/2930/3030 231 put fly from 59 (currently 59.35 mid). I extended the outside wing by 10 points. I did the (2211) synthetic, but the natural is a tight spread. $59.60 is do-able here.

MTM up two points on stickiness <<61.50>> :bow:

 

[destriero]

Small losses early in the week, but pulled out a win. +2.21% for the week.

 

[destriero]

DestSeven:

I did this 30 minutes ago, but it hasn't moved. Long the SPX MAY10 2870/2930/3030 231 put fly from 59 (currently 59.35 mid). I extended the outside wing by 10 points. I did the (2211) synthetic, but the natural is a tight spread. $59.60 is do-able here.

Vols remain bid here. 56.2 mid marked.

 

[destriero]

DestEight:

Long (short) the MAY10 NFLX natural (iron) 350/370/390/410 condor from 16.00 (4.00) risk. The natural is 15.9 mid. Short 15D per contract.

Color: IV/RV >1; and I want to be short spot here. R/R sucks but the strikes are wide.

17.2 marked.

 

[Doobs789]

-Long the SPX May10 2875/2925/3000 352 iron fly from 37.15 risk.

Since you have to 2x, to reduce to 1-lot risk, it's = -75.75 / 2 = 37.875, 75-wide - 37.875 = 37.125 risk

 

[Doobs789]

Guest post:

-Long AMZN May10/May17 2010/2030 call diagonal from 2.63
-Short AMZN shares from 1960.60 (short 10 shares per 10-lot diag)

(I have 25 of each)

*credit to destriero for strike selection

View attachment 201956

Current Marks:

Entry:

 

[destriero]

Short the MAY22 7700P from 86.4.

I am now short the MAY22 7700 straddle from 335. The natural straddle is marked to 222. So I am up 115 NDX points on this NQ/NDX combo.

Bought the 7300/8100 strangle at 43.2 for a risk of 107.9 on the 7300/7700/8100 synthetic fly. Natural fly is marked to 186.5. MTM gain of 78.6 NDX points/contract.

 

[destriero]

Bought the 7300/8100 strangle at 43.2 for a risk of 107.9 on the 7300/7700/8100 synthetic fly. Natural fly is marked to 186.5. MTM gain of 78.6 NDX points/contract.

Shorted 7700 straddle at 335.3
Bought 7300/8100 wings at 43.2
Risking 107.9 on synthetic 121 fly

335.3CR + 43.2DB = 292.1CR
292.1CR + 400DB (width) = 107.9DB NDX risk