Macro thread for pros.

(NONMACRO)

I am long the weekly 231P fly in GOOGL via the synthetic (2211 PPCC) 100up and I am covering it today. My only positions remaining in my personal account, outside my IRA, are Ch egg, Tesla (reversal arb). GOOGL and the remaining dregs of my SPX diags.
 
destriero said:
Why the mix in quality? Not my market.
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SOFR is really a mix of 3 different rates - tri-party (where BoNY is involved as a custodian), bi-party (delivery versus payment as facilitated by DTCC) and finally central counterparty model (facilitated by the Fixed Income Clearing Corporation which is also part of the DTCC). So you get a garden variety of collateral and various potential delivery issuesd.

PS. I misspoke, it's not credit quality, but collateral and delivery quality. I am not a great specialist in this, but I don't think anyone except for a handful of people that work on repo desks are.
 
(NONMACRO)

Fading AAPL into the absurd rollout. 231P fly for Mar29 via the synthetic. 5.30 risk. 180/187/200 strikes in my IRA.
 

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I also bought the 231/132 straddled asym flies in NFLX. 340/350/360P and the 360/370/380C from an 0.80 credit per, combined. Mar29.
 
I don't want to crowd this thread (last post from me) out of synthetic at 6.20 risk. This was the quickest money I have made and the position lost a ton on delta! Amazing
 
TheBigShort said:
I don't want to crowd this thread (last post from me) out of synthetic at 6.20 risk. This was the quickest money I have made and the position lost a ton on delta! Amazing
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I am up on the vol and shares as well. ;)

Edit: TBS, you traded it flat!
 
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