Vanzandt vs. Destriero Trading Competition

Status
Not open for further replies.
destriero said:
How would you know the liquidity is there with zero volume and a 16 OI? Not trying to lean on you, just stating that there is no liquidity... at all.

All good.
More...
Just the bid size and ask size... it was like 60/70... whatever it was 25 was nothing.
I don't know how you'll calculate EOD totals though, sometimes one or the other settles way off. I don't think midpoint is accurate after the close on some of these. EG the b/a on those SYMC calls is 1.62/2.67.
 
Last edited:
VZ1: L 100 BAC Jul6 29C from 0.34 EOD 0.10x0.11 ($2,400)
VZ2: L 20 CGC Jul20 25C from 5.00 EOD 4.30x4.80 ($900)
VZ3: L 25 VMC Aug17 135P from 8.40 EOD 7.80x8.40 ($750)
VZ4: L 30 SYMC Aug17 $19C from 2.00 EOD 1.62x2.67 $450

EOD in the box: $3,600 MTM loss.

Don't worry; doing mine as well.
 
DESTVZ1: L 4 GOOGL Jul6 1087/1125/1200 231 puts from 43.75 EOD 43.55 ($80)
DESTVZ2: L 20 TSLA Jul6/13 340 put calendar from 3.48 EOD 3.58 $200
DESTVZ3: L 10 AAPL Jul6 180/185/195 in puts from 5.87 EOD 6.30 $430
DESTVZ4: S 4 SPX Jul9 2650/2680/2770/2800 iron from (6.45) EOD 6.20 $100
DESTVZ5: L 12 SPX Jul3/9 2715 put calendar from 7.8 EOD 8.55 $900
DESTVZ6: L 10 SPY Jul9 272 puts from 1.95 EOD 2.33 $380
DESTVZ7: L 3 SPX Jul9 2675/2700/2750 231 in puts from 10.75 EOD 11.70 $285

$2,215 gain EOD Friday June 29, 2018
 
Summary (IMO): Vanzandt bought the morning rally and failed to adjust into the EOW profit-taking. VMC held up into the close, but will probably follow market lower (if we go lower) on Monday. His BAC calls are dead, so may as well let them ride. Again, my opinion.

I was leaning slightly short all day. Not enough to feel comfortable as I expected a mild selloff, but did not expect to see the entirety of the gains evaporate. I toyed with the idea of going pure-ATM with the SPX bear flies, but they still did well. Overall fairly pleased with the day especially in light of the mark down of vol into the weekend. More gains on Monday are expected unless we take a big dump.

I was forecasting an inside day for Monday, but closing near the lows nixxed that. You cannot expect any appreciable selloff into the July 4 week, absent geopolitical/macro news.

dest
 
My prediction for July ..... Vanzandt's long calls will outperform Destriero's flies. The market will rally into earnings.

Vanzandt must stay the course and buy calls - do not waver. My advice is to switch to FANG stocks - such as FB, NFLX, GOOGL, AMZN, TSLA, QQQ, and perhaps AAPL.

Good luck

EDIT: The race to 1 trillion dollar market cap is still on.
 
OptionsOptionsOptions said:
My prediction for July ..... Vanzandt's long calls will outperform Destriero's flies. The market will rally into earnings.

Vanzandt must stay the course and buy calls - do not waver. My advice is to switch to FANG stocks - such as FB, NFLX, GOOGL, AMZN, TSLA, QQQ, and perhaps AAPL.

Good luck
More...

My stuff will be gone weeks before the reports.
 
Status
Not open for further replies.
Back
Top