one-offs

[getthatintoya]

What are skip strikes in SPX?

Broken wing butterfly +1@4570 -2@4600 +1@4660 for example

 

[destriero]

Thanks, I’m doing well. I trade skip strikes in $SPX mostly.

I’m curious if you or Dest trade 0DTE flies … I might’ve missed content related to that if so, I’ll look back.

Yeah, sure. I typically enter at the close on the day prior. Most are unimodal terminally/asyms (broken wing), but I will trade anything; asyms, asyms as time flies (0, 1 DTE), narrow long and short gamma diagonals into spec. Single names on Thursday's close, etc.

 

[traider]

Yeah, sure. I typically enter at the close on the day prior. Most are unimodal terminally/asyms (broken wing), but I will trade anything; asyms, asyms as time flies (0, 1 DTE), narrow long and short gamma diagonals into spec. Single names on Thursday's close, etc.

Is spec specialist?

 

[destriero]

Speculation. A punt.

 

[destriero]

Client's skew lock. SPX.

 

[Overnight]

Client's skew lock. SPX.

Yes please.

 

[destriero]

Client's skew lock. SPX.

And no, I didn't trade it... 50 lot SPX.

 

[destriero]

Nov 6 terminal. Crazy. He just nonchalantly calls and tells me on the VM.

 

[getthatintoya]

Lol just a lazy 10000% return .... fark

 

[destriero]

Lol just a lazy 10000% return .... fark

He's on ET as well.