Dest's Everything Journal

[destriero]

I have no idea what yer doing in options, but I like the Uber short idea. How does a taxi company lose over a billion dollars a year and stay in business?

I will have no position on Monday—the 5K short nets to the 36C.

 

[deltastrike]

I will have no position on Monday—the 5K short nets to the 36C.

I hate to admit it, but it took me a while to figure out why you were short shares...

 

[destriero]

It's not efficient in haircut but there is no edge loss involved on exiting the position. It's advantageous if you've got the net liq to do it.

I'll post my weekly return tomorrow in my mIRA. I funded it again a few weeks ago as I wired out of my taxable account to fund my PB account. I am starting a fund this Summer/Fall in equity vol. I am a 25% stake but a 50% holder. The founder's position is funded and I'll be trading the account while we look for 1-2 equity shareholders. We don't need the money, but we'll consider ppl in the industry. I am not advertising.

I can post my mIRA positions going forward. I won't be allowed to refer to my "work" positions.

 

[destriero]

AMZN is a buy here at 95. I am long for the week or a touch of 1735. 20K.

 

[destriero]

I am long 22K deltas from 1692. 1655 soft stop.

 

[destriero]

Long 50K UBER (shares) from 40.81 average.

 

[destriero]

+30 points on SPX tomorrow. Wildly bullish for the week.

 

[deltastrike]

+30 points on SPX tomorrow. Wildly bullish for the week.

Damn, I'm net short. Glad I kept my long UBER position.

 

[destriero]

Wheeeeeeee!

 

[destriero]

I couldn't get back to update my UBER and index. I am out of UBER from 42.2 average. +62 (out) on NQ and out +24 on ES. I am moving into vol positions.