Opposite you....

[sandp500trader]

I'll keep straight long options and either build in, or roll...but I can keep a running tally for us. My point is that if you're not neutralizing the delta on the back side of that position, the odds are out of your favor.

Just so long as all your trades are before the fact, and would have actually filled. Again, I'm not going through the trouble to verify options trades, so we'll just have to trust you. You take the most advantageous trade you can, I'll be basically a bucket shop. If you win, I lose. If you lose, I win.

 

[VixTraderdf]

Just so long as all your trades are before the fact, and would have actually filled. Again, I'm not going through the trouble to verify options trades, so we'll just have to trust you. You take the most advantageous trade you can, I'll be basically a bucket shop. If you win, I lose. If you lose, I win.

Not necessarily. Unless he can dictate when you get out also. You can both win.
Anyways, good thread, ill be following.

 

[beerntrading]

Not necessarily. Unless he can dictate when you get out also. You can both win.
Anyways, good thread, ill be following.

I think that's the point of the thread...that he could just randomly fade ETers on both entry and exit and turn a profit...interesting strategy, I must say.

 

[VixTraderdf]

I think that's the point of the thread...that he could just randomly fade ETers on both entry and exit and turn a profit...interesting strategy, I must say.

Lol, he was probably hoping vanzandt would come here and post his trades so he could fade them .

 

[destriero]

AMZN Sep7 1950/2000/2100 231 spread in puts from 51.80 (51.40 mid). 3D per contract. I'm buying (the synth). You're selling 51.80.

Edit: typo (2200 was incorrect)

Long the AMZN Sep7 1930/1965/2000 231 symmetric (BWB) in puts from 3.05 (2.92 mid/edge loss of 0.13). Both to be considered one lots for the journal.

 

[sandp500trader]

Not necessarily. Unless he can dictate when you get out also. You can both win.
Anyways, good thread, ill be following.

I'll just be the bucket shop for the purposes of this thread. So, I only win if the other loses.

 

[VixTraderdf]

Long the AMZN Sep7 1930/1965/2000 231 symmetric (BWB) in puts from 3.05 (2.92 mid/edge loss of 0.13). Both to be considered one lots for the journal.

I dont understand this one. Ive seen you do this before but it was an earnings play, where you had the strikes outside the price.. whats the goal here?

 

[destriero]

Long the AMZN Sep7 1930/1965/2000 231 symmetric (BWB) in puts from 3.05 (2.92 mid/edge loss of 0.13). Both to be considered one lots for the journal.

+1.40 on big.
+0.15 on small. Marked.

 

[destriero]

I dont understand this one. Ive seen you do this before but it was an earnings play, where you had the strikes outside the price.. whats the goal here?

I often embed smaller flies, even when they're explicitly "adding risk." The BWB was also long deltas. D-modality will flip on Tuesday with shares above 2012. Both positions are literally neutral-delta here at 2013 on shares.

 

[destriero]

I often embed smaller flies, even when they're explicitly "adding risk." The BWB was also long deltas. D-modality will flip on Tuesday with shares above 2012. Both positions are literally neutral-delta here at 2013 on shares.

Position(s) will be DN at 2006 (static vol) at Tuesday Noon Eastern.