Dest's Everything Journal

[destriero]

*Not my trade*

I like it but I can't move any size in AZO. My oldest sent me this. AZO MAY10 132C asym^2 as it's inside the 2/1 wing depth.

AZO MAY10 100/130/140 132C long (not 145) from 13.15. Upside BE is 139; downside 113.15.

Sharp kid.

 

[destriero]

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

85% allocation (of open positons) marked to 182.

 

[samuel11]

Vols remain bid here. 56.2 mid marked.

Still holding here at <42?

 

[destriero]

Still holding here at <42?

Yeah, it's small compared to the NDX and I was comfortable with long deltas, less so now that the NDX position flipped. NDX fly closed at 182. I'd cover all if the NDX fly mark trades under 170.

 

[destriero]

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

Fly marked to 190.

 

[Doobs789]

-Long the SPX May10 2800/2900/2950 132 fly (irons) from 48.00 risk (52.00 cr)

 

[Doobs789]

-Long the SPX May10 2800/2900/2950 132 fly (irons) from 48.00 risk (52.00 cr)

View attachment 202289

The line between fortune/ruin teeters on a tweet...sim sala bim, oh wise one

 

[destriero]

The line between fortune/ruin teeters on a tweet...sim sala bim, oh wise one

IKR? That's what we get with this f*cking moron in the WH. @NDX fly 192+

 

[Doobs789]

-Long the SPX May10 2800/2900/2950 132 fly (irons) from 48.00 risk (52.00 cr)

-Long 1 ES future, from around 2887, per 5-lot SPX fly. Adding the hedge reduces short deltas by roughly half (to -50, beta wtd to SPX). It kicks out upper BE to 2915 tomorrow, and close to 2930 by expiry.

 

[destriero]

I got some BYND vol off but it's too small to bother posting here. A condor and a 132; neutral to $84 on shares.