From $60K to $600K

[destriero]

Long 900 thetas at half utilization. Will keep netliq/theta >50.

 

[destriero]

+$900 MTM on day1.

 

[destriero]

What was traded today.

 

[Overnight]

Yer a madman. Is your name Steven?

 

[destriero]

Favorite character.

A direct descendant of William Wallace lived in my building in Chicago. He was a CME local for PRU, IIRC.

 

[d08]

Dest is clearly fluent in markets. I can manage a few dialects (niches) pretty well but will still resort to using hands and feet in most cases.

 

[destriero]

The trade at the top of the pic was a 3-lot ATM fly that I bought as a delta-generator (SPX 2930/60/90). Expires this Friday. I'll be flat D here at the open tomorrow at 2933 SPX.

 

[destriero]

Net liq at exactly $60K in the IRA. SPX dpos is -200. Hedge flies up $1,200, thankfully.

 

[Magic]

Net liq at exactly $60K in the IRA. SPX dpos is -200. Hedge flies up $1,200, thankfully.

That's a lot of conviction for the fade here. Are you going to add deltas today or try stay this short?

 

[destriero]

That's a lot of conviction for the fade here. Are you going to add deltas today or try stay this short?

I am short 140D (three ES) here. I want to be clear that it's not 200-lot for those that don't trade it.

There is a lot of stuff coming off tomorrow. There is a ton of gamma/ddecay here. I only need a close under 2950 cash to hit 63K tomorrow. I bot SPY hedge (ITM calls).

Just hit opening cash (net liq) at $60,400.