atticus' "ship it" vol trading journal

I've been trying to play GOOG, thing just keeps going up though

 

Didn't I just state I had a sell signal on GOOG? lol but seriously, I am short small here at 727.90 and will get short more in the first half hour tomorrow.

 

I should've sold some common when it was at 455 earlier, still might

 

No Bro, you're already short D in the Oct fly to 450. No need to add risk to the position. It's beautiful just the way it is. Oh you're referring to the Sep fly?

 

Yeah referring to the Sep fly. I am long D now as it's a bigger position for me.

 

Regardless, I don't like the Sep MA. The stock always moves two down, one up. Then you see a 12 handle move come out of nowhere. I am committed to Sep for the journal acct, but it's small in relation to my book. FWIW, I am much bigger in Oct. I am probably 20% of OI in Oct.

 

Increasing GOOG short, avg position from 727.65 short. Not a journal perf. entry.

 

It's up nicely here, maybe get rid of it then? If you think 450 is more likely in the next two days.

"I am probably 20% of OI in Oct."

Love it

 

The thetas are massive so every hour you abstain gives you more ammo to hedge. I'd short some stock or even sell a synthetic to keep it on. I'd like to get 4.50 tomorrow.

 

Ha, I forgot about the rating system on ET. Someone just PMed me and told me this journal has two stars... I will not be satisfied until the haters take it to one star.