Election theme

Closed my shorts today. I have large longs in index and single-name. SPX deltas of 5,200. I just went long some ES as well at 2450.

Good through Monday's close. Perhaps 1500 Dow to gain. Perhaps 2000.


Got the 2K, but on day 1.
 
Missed all them gains :(

The analog has been holding. They print an outside bar late in the day and the bulk of the gains happen in the last 5-15 minutes. It's why I bought the close yesterday knowing with certainty that I would take at least 2-3% in heat on the trade. Better to move size when you can. I would not have been able to position overnight in vol and I still did better than if I had bought the open.
 
The futures from ~2450 were a 20-lot ($130K). I was long 600 index verticals and bull diagonals which earned $246K and the remaining $65K was in single-name flies and asym-condors.
 
And if the market went down it would have been a 1-lot and 1 index vertical and bull diagnal - right @PoopyDeek ?


No, I clearly posted my delta position. I also bought ES. Both of which were underwater when posted.

Closed my shorts today. I have large longs in index and single-name. SPX deltas of 5,200. I just went long some ES as well at 2450.

Good through Monday's close. Perhaps 1500 Dow to gain. Perhaps 2000.

Hate the game... not the player.
 
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