From $60K to $600K

[destriero]

Don't short any August vol here. I think that's obvious. I would be long AUG2 vol and short JUL26 in long diags, calendars, etc. There is no other trade outside of pure direction. Straddled flies make no sense here. Backspreads are also a no-go into the Fed.

Long JUL26/AUG2 diagonals that you close the morning of the day before the Fed meet.

The GOOGL long diag: Long the AUG2 1200C; short the JUL26 1175C at (4.65 CR) or better.

 

[destriero]

Don't short any August vol here. I think that's obvious. I would be long AUG2 vol and short JUL26 in long diags, calendars, etc. There is no other trade outside of pure direction. Straddled flies make no sense here. Backspreads are also a no-go into the Fed.

Long JUL26/AUG2 diagonals that you close the morning of the day before the Fed meet.

*Fed decision--so JUL30

 

[kinggyppo]

The GOOGL long diag: Long the AUG2 1200C; short the JUL26 1175C at (4.65 CR) or better.

caught about 5 dollars worth of that Googl rally, missed the rest like an idiot!

 

[destriero]

The GOOGL long diag: Long the AUG2 1200C; short the JUL26 1175C at (4.65 CR) or better.

Don't trade this. They report on JUL25.

 

[destriero]

I did do the AAPL long 207/212 call diag from 0.72 debit. Long the AUG2 212C; short the JUL26 207C.

 

[destriero]

Getting short index tomorrow as well as establishing a long-term NFLX short.

=)

 

[yc47ib]

Great call Des.

 

[arturo100]

Great call Des.

yes great call, but how did you know?

 

[destriero]

I am up $6K on NFLX over the two accounts. Up $200K at work... not including the SPX DNT that's marked to 98/100. =)

The NFLX was a pure fundie play.

 

[destriero]

I've got some pennies going off tomorrow on a discount arb and the NFLX strikes for JUL19, so I'll post YTD PNL on Monday morn. Assume another $7,000 on the combined IRA and little taxable accounts. Wheeeeeeeeeee.