Long-scalping equity options against time decay and market drift

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Here's my monkey sim-account position, traded with a "COB" market order in SPX in a PM-account. You can adjust MTM PNL from net liq. Looks like $123,881.42 starting net liq.

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What front-end do you use des? Is this the same one that generates the payoff diagrams I see you post sometimes?


Yeah, it's TDAmeritrade's TOS front-end. I reset the PNL. I will only use mkt-orders for entry/exit. The position is a complex-order arb and doesn't require a lot of haircut.
 
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Here's my monkey sim-account position, traded with a "COB" market order in SPX in a PM-account. You can adjust MTM PNL from net liq. Looks like $123,881.42 starting net liq.

View attachment 300820 View attachment 300817

Max risk is $5,200. Long vol. Here are the greeks. I won't clutter the thread so next post will be the cover. Apparently futures are delayed, but this is a sim off my IRA account. I will only trade SPX and NDX vol (no futures options).

2022-12-05_7-33-34.png
 

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> A stress of the 15/1 structure goes debit on a 15% ES drop

ES was 4100. A 15% of 4100 is 615

A drop of 15% leads to 4100 - 615 = 3485

So we will see what happens when the price gets there. And sooner or later it will.
Is it something supposed to happen? Enlight us!

Further, a ratio of 2 numbers such as 15/1, is totally meaningless without strike/expiration/price information. The payoff could be literally anything.

So are you just farting your intelligence, after shitting on this board?



> nickel puts

Let's see some examples of (future) "nickel put" in the folio:

upload_2022-12-5_15-54-14.png


entered at a price of 339.75. Currently 238. Hmm, that is "nickel".

Genius! Everything will sooner or later become a "nickel put", as the price curve on each layer, given enough time and information transfers, will always go to 0. By design.


Here is another example of (future) "nickel put"

upload_2022-12-5_15-57-2.png


entered at 174 and currently 72.

At any given time, there will always be layers approaching 0, by design.
What a genius is the Donkey/Shrek combo!


> The delayed quotes are just starting to update now, lol.

These are all real-time quotes.

In fact, you can only have real-time quotes on "paper trading" or a "real money" account.

But the Donkey/Shreck combo was too taken by his gambling addiction to ever trade with an IB paper trading account. After all, to trade pocket change he can afford to lose it all in his gambling urges, and he can afford to show online his large gains to IRS officers :)
He never ever had to write a line of code either to possibly know.

All the Shrek/Donkey insinuations in a desperate and inane defaming attempt have proven so far to be empty. Fugazi:


Instead of trying to defame a real person (an impossible task as there is really nothing to defame) who has a massive scientific production, as well as many well-known software projects, and is pretty well known, why this little fart does not focus on his own trading.
You are just fighting the windmills like Don Quixote.

Do you really like it so much to make a spectacle of yourself and be the laughingstock of this forum and the village idiot?

Is this a subconscious therapeutic attempt on your part to cure your narcissistic personality disorder?

Look this is Elite Trader, not a psychiatric ward. :)



> Here's my monkey sim-account

First of all, it's called "the Donkey paper trading account."

And make your own journal with 2M where you show how to BUY at bid and SELL at ask, where you make 20% with 5% DD, and do not come here to post your clueless gambling, please.


> What front-end do you use des?
> Yeah, it's TDAmeritrade's TOS front-end


Nobody asked.
You keep talking to yourself by switching accounts in my journal. How childish!
Are you a 9 y.o. or what?


Max risk is $5,200. Long vol. Here are the greeks. I won't clutter the thread so next post will be the cover. Apparently futures are delayed, but this is a sim off my IRA account. I will only trade SPX and NDX vol (no futures options).

View attachment 300823

Why are you posting your journal inside my journal?
Are you really out of your mind?


At this point, if you persist, I will have to ask the moderators to take action.
 
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