Vol-trading for beginners

destriero · May 29, 2021

yc47ib said:
The ETH long should be under water as of now. Hedged?

Yeah. I am not price sensitive on this one. I will hold for a touch of 4800. The exposure is a bit more than a day's var.

LM3886 · May 31, 2021

destriero said:
a day's var

I wonder how you define this. The variance of the portfolio's daily value?

igr · Jun 3, 2021

@destriero Hi! Curious if you shorted vol in AMC? I sold a jun 11 straddle today, hope it works out.

destriero · Jun 3, 2021

igr said:
@destriero Hi! Curious if you shorted vol in AMC? I sold a jun 11 straddle today, hope it works out.

I was; short vol/D in Jan. Did OK in it.

destriero · Jun 3, 2021

destriero said:
I was; short vol/D in Jan. Did OK in it.

Shows that I was green in AMC today.

destriero · Jun 10, 2021

we roll-over (lower) today.

destriero · Jun 10, 2021

destriero said:
we roll-over (lower) today.

View attachment 260590

destriero · Jun 10, 2021

NQ long from 778.25 five mins after CPI and reversed 940.00. wheeeeeee! should be up more but my vol isn't performing yet. Up .9% on the day.

destriero · Jun 10, 2021

Should have covered the short from 940 earlier. Still pulled out a decent day in SN vol. I also have a large long box in my pro-account that is offering me a small arb-gain and some liq.

igr · Jun 22, 2021

@destriero How did you trade TSLA in the last few weeks?

I've been holding a long August straddle since 5/26ish because imp volatility was low percentile then. However a move and/or significant volatility increase I was hoping for hasn't materialized yet. I did have some luck offsetting its costs by trading calls against the straddle. I'm curious if there was a better way. Thanks.