atticus' "ship it" vol trading journal

Discussion in 'Journals' started by atticus, Sep 5, 2012.

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  1. How about the decision to bail on a loser - is that simply a function of stopping out of the trade if the marks go some multiple of the expected profit target against you? Or is the stopping out decision a separate process entirely?
     
    #61     Sep 11, 2012
  2. you mean oct.. will expire just before it?

    i thought it was going to be OCT 15... options expire the 19th
     
    #62     Sep 11, 2012
  3. Doobs789

    Doobs789

    Any concern of being short gamma into tomorrow's announcement?
     
    #63     Sep 11, 2012
  4. Doobs789

    Doobs789

    Earnings date is not confirmed, but could be Oct. 22 or 23, which would lie in the Nov cycle (Oct options expire on 9/19)

    EDIT: yeah I just saw that Oct 15 as a possibility
     
    #64     Sep 11, 2012
  5. i never know what to think about that.. there so many buy the rumor sell the news kinda shit.. big anticipation then a non event...
     
    #65     Sep 11, 2012
  6. Doobs789

    Doobs789

    Yeah fly should work well then with the absence of a big move. Vol should come in after the news, although it's been down 1-2% so far today.
     
    #66     Sep 11, 2012
  7. i just accidently sold a fly in TOS.... blah... stupid shit..
     
    #67     Sep 11, 2012
  8. wild... oddly enough... i just round tripped a fly in TOS and it only knocked 1 day trade off...
     
    #68     Sep 11, 2012
  9. Doobs789

    Doobs789

    Selling off here.
     
    #69     Sep 11, 2012
  10. s'ok with me. I'll double this account by Nov 2.
     
    #70     Sep 11, 2012
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