atticus' "ship it" vol trading journal

Filled @ 17.00. Probably should of been more patient

 

Expect EURUSD honeymoon to be over soon. I would not get long here. I am down ~8 ES for the week, so perhaps not much of an opinion, but I would be out of any equity longs here at SPX 1472, if not outright short stocks. EURUSD is a short at 1.3144 (no position).

 

17.10 mid.

 

In a similar spot - all my stat models are heavily short stocks at this point, but I'm also in ~5% DD which is close to an all time worst.

 

Truth be told is that flies are not the majority of my positions in vanilla.

 

What is the majority? I trade flies primarily.

Also, looking at GOOG OCT 650/700/750 Fly for around 16.00 or less. Vol appears elevated to me.

 

That's a very good trade. I will join you on that, thanks.

 

I sell a lot of skew + VIX outright, switches and hedges (in VIX).

 

Glad I could contribute. I am in at 16.00 (puts).

 

I am in as well. I did the calls.