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Dear @schweiz penis,

That straddle is marked to 18.44 mid, as I am typing this. 30.6 - 18.44 = 12.16 (gain).

2019-05-14_1203x.png
 
You will have to explain to me how a synthetic straddle at 250 strike for $30 losses big when the stock is at $232 which is $18 below the strike?

2019-05-14 21_42_16-$TSLA _ Page 223 _ Elite Trader.jpg

80.8K shares bought. Price in posting May 3, was 254. Price when I posted today was 231.9

(231.9-254) * 80,800 = -1,785,680. in 11 days time.
2019-05-14-15_42_07-window-jpg.202628


After he went long, because all indicators were screaming LONG, we made the lowest low since begin 2017. At that point he lost over $2 million since his 254 posting. LOL.
 
Bought shares 233.8 -> Sold 1600 250 calls to effect synthetic straddle with shares above 250.

30.6 was the credit on the synthetic straddle. Straddle was MTM at 19.8 when I completed the (synthetic) straddle. Straddle is currently marked to 17.99 mid.

You're literally too stupid to debate.
 
Des confirms in this way that he has really mental problem that's clear now. His ego and arrogance are so big that it becomes annoying and boring.
Like a little child he needs attention , encouragements and everybody should stroke him like a little pet.
I am sure he is watching in the mirror every evening, and telling himself how fabulous he is.
ROFLMAO.
Since he posted this:
View attachment 202628
he lost $1,785,680 on that position. TSLA at 231.9.
Maybe a lot of people want him to stay for entertainment. LOL.

At least he posts PnL blotters. You claim to be this master ES trade making over $250k yet I've never seen a single blotter post from you. Yes, I lurk much more than I post.
 
At least he posts PnL blotters. You claim to be this master ES trade making over $250k yet I've never seen a single blotter post from you. Yes, I lurk much more than I post.


That trade gained more than $800K. I made more in that spot -> straddle -> fly that I've made in my current 50K short.

Criticism is fine; defamation is not.

Dest-out. :)
 
View attachment 202642
80.8K shares bought. Price in posting May 3, was 254. Price when I posted today was 231.9

(231.9-254) * 80,800 = -1,785,680. in 11 days time.
2019-05-14-15_42_07-window-jpg.202628


After he went long, because all indicators were screaming LONG, we made the lowest low since begin 2017. At that point he lost over $2 million since his 254 posting. LOL.


I could not find "Trading Options for the Mentally Ungifted" so this one will do... maybe learn how options and synthetics work.


9780470241769_p0_v1_s550x406.jpg
 
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