earning play...nflx

[destriero]

I dunno. 41K'ish so he's up about $200-$220. I don't have it in front of me. He's in something called a switch lock in TSLA (my idea) and TQQQ vol hedged with QQQ. About 50% allo. He's up 52% year to date.

lol I was up 0.52. He's up 1.3-5. hahaha, he corrected me.

 

[Overnight]

... "switch lock," "vol hedged" and "allo." does it have anything to do with options?

Yes

 

[destriero]

i took one trade on cl and got a winner and but traded mostly es throughout today. combine total were $190 for today. all these fancy talk about "switch lock," "vol hedged" and "allo." does it have anything to do with options?

Finn approved this release, but his account is down AH on after hours marks on the options. He was up 495ish when I posted the earlier screen grab from my iPad.

A switch lock is a tenor-arb (between 2-3 expirations) which is predictive of post-event (earnings) vol; where it lands.

He's not vol-hedged in QQQ... he's taken a QQQ spot position (short) against TQQQ.

allo = allocation.

Finn tested at 145 on WAIS. Very proud.

 

[TrailerParkTed]

Ah what the heck. Here is my door dash and grubhub earning for this Saturday work.

The kids on Reddit were not kidding about $5 Wendy’s dumpster jobs.

 

[vincentnyc]

Finn approved this release, but his account is down AH on after hours marks on the options. He was up 495ish when I posted the earlier screen grab from my iPad.

A switch lock is a tenor-arb (between 2-3 expirations) which is predictive of post-event (earnings) vol; where it lands.

He's not vol-hedged in QQQ... he's taken a QQQ spot position (short) against TQQQ.

allo = allocation.

Finn tested at 145 on WAIS. Very proud.

so this result is unrealized gain when you mentioned he is down AH?

 

[destriero]

so this result is unrealized gain when you mentioned he is down AH?

The vol-marks are unreliable AH as TDA marks the options to their posted bids on longs, and offers on shorts, so the marks always suffer after hours. Plus he has various micro futures and down a little on long futures (hedges). I'd have to look.

 

[vincentnyc]

The vol-marks are unreliable AH as TDA marks the options to their posted bids on longs, and offers on shorts, so the marks always suffer after hours. Plus he has various micro futures and down a little on long futures (hedges). I'd have to look.

what I meant to say is if he still have open or close position by end of today?

 

[destriero]

what I meant to say is if he still have open or close position by end of today?

Yeah, he usually carries overnight positions.

 

[semperfrosty]

didn't play tsla earning...but it is down only 3% after hour. anyway...u asked about tsla for your investment...told you to stay away...am i right or wrong so far?

didn't play tsla earning...but it is down only 3% after hour. anyway...u asked about tsla for your investment...told you to stay away...am i right or wrong so far?

Did it gap much at open?

 

[vincentnyc]

Yeah, he usually carries overnight positions.

sorry. U can’t compare open vs close position similar to realize vs unrealized gains. It is like comparing apples vs orange. My $190 gains today is based on my position closed by end of the day aka realize gains.