Dest's Everything Journal

destriero · Jun 4, 2019

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

I am out roughly half of AMZN basis 1712 average. I went neutral via shares. ES/SPX exceeded my target at +35 on the day.

kinggyppo · Jun 4, 2019

nice call risk!

destriero · Jun 4, 2019

I am up 9% on the day. I'll update my IRA's PNL in the morning.

jtrader33 · Jun 4, 2019

Bruh...I've worked on a bunch of trading floors and haven't seen anything remotely close to this kind of hit rate on delta1. That's going back years on ET too, not just this journal. I want zero details, but I'm curious how you'd generally classify your approach to the delta calls...quant? discretionary? voodoo?

destriero · Jun 4, 2019

jtrader33 said:
View attachment 203538

Bruh...I've worked on a bunch of trading floors and haven't seen anything remotely close to this kind of hit rate on delta1. That's going back years on ET too, not just this journal. I want zero details, but I'm curious how you'd generally classify your approach to the delta calls...quant? discretionary? voodoo?

lol I fade the ES Journal.

30% quant/70% discretionary. 100% of the quant stuff is cobbled together and running (still) on Sparc20s.

formikatrading · Jun 4, 2019

Only 9%?

destriero said:
I am up 9% on the day. I'll update my IRA's PNL in the morning.

destriero · Jun 4, 2019

formikatrading said:
Only 9%?

Only 8.2%

Doobs789 · Jun 4, 2019

Long AMZN Jun07 1650/1725/1775 253 fly from 32.25 risk (reduced to 1-lot, 85.50 cr)

Magic · Jun 4, 2019

Doobs789 said:
Long AMZN Jun07 1650/1725/1775 253 fly from 32.25 risk (reduced to 1-lot, 85.50 cr)
View attachment 203541

Hey! I'm long the 1700/1730/1745 132 from yesterday. How do you decide how wide to trade your flies? That's something I don't really have a convention for yet.

Some ideas I had were sizing width via some confidence factor on price, or some ratio to the SD of the expiration--but I don't know yet. Haven't been trading these too long.

destriero · Jun 4, 2019

I'll follow up tomorrow and at the end of the week with my IRA performance, but I can't show the work account. I'm taking two weeks off for The Bahamas and Martinique.