dest's overwrite journal

[speedo]

I think that sigma is asking why I would divulge the info.

OK that would make sense.

 

[destriero]

3/5 that AMZN prints small bull reversal tomorrow. Consider bull calendar or bull asym-fly for SepEx.

 

[horizon]

3/5 that AMZN prints small bull reversal tomorrow. Consider bull calendar or bull asym-fly for SepEx.

Excited to do a bull calendar with you. Also could you please show an example of bull Asym -fly?

 

[destriero]

AMZN printed the reversal.

 

[destriero]

Excited to do a bull calendar with you. Also could you please show an example of bull Asym -fly?

I would (have) traded this as a 3400/3500/3600 132 calls for Sep17 as a small credit looking for the delta drift (initially neutral) as it gains delts with time. It will gain on vol-position (which leverages drift).

Anyway, it traded at a small cr this morning. I did something similar but wider strikes and a bit more risk.

 

[horizon]

AMZN printed the reversal.

Yes you nailed it again.

 

[destriero]

On a 12 day win streak.

 

[Zwaen]

Hi Dest, your recommendation for NVO was spot on. Was the growth in the stock also a longer term investment idea (say 1-2 year)?

 

[destriero]

Hi Dest, your recommendation for NVO was spot on. Was the growth in the stock also a longer term investment idea (say 1-2 year)?

I don't have an outlook beyond three months.

 

[destriero]

I am short the calls (8x100) in Jan against the shares.