That seems pretty scary to be honest. Thanks for posting.
YOLO'd Entire Account on Puts
- Thread starter zghorner
- Start date
Yeah I think it deserves its own thread.
Can you post a screenshot of your VAR and portfolio delta (from the TWS Risk Navigator) after the market reopens?
I traded this way during the volatility in early 2018 and it was suicidal.
The strategy (if you could call it that) was long gamma on short-dated slightly OTM options. I did not hold overnight.
I traded this way during the volatility in early 2018 and it was suicidal.
The strategy (if you could call it that) was long gamma on short-dated slightly OTM options. I did not hold overnight.
For everyone holding puts? Or everyone who’s not?
Yeap. Check this:
https://www.ig.com/au/indices/markets-indices/weekend-wall-street
This was -800 a few hours ago and now it is +260
We will open slightly up. Now the night is long so that still could change a lot.
Diamond hands.