atticus' "ship it" vol trading journal

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

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  1. got it thanks. :)
     
    #871     Oct 16, 2012
  2. i hope u unloaded the long nov fut...not far off right now too.
     
    #872     Oct 16, 2012
  3. Yea, sorry closed it at the time of the R/R. I didn't mark it as it was a small hedge. Resulted in $0.04 off the R/R gains.
     
    #873     Oct 16, 2012
  4. Holding out of sheer curiosity. Not a big position, so no biggie if it falls apart, just want to see how it all acts. I did sell the 15 puts, btw.
     
    #874     Oct 16, 2012
  5. Doobs789

    Doobs789

    Up 0.50 so far.
     
    #875     Oct 16, 2012
  6. It's at max gamma so you're see some MTM volatility in the position here IF you were still holding the puts.
     
    #876     Oct 16, 2012
  7. interesting to me.. it was like i had the timing perfectly.. i exited at 2.60 exactly right before the move... that 640/660/685 worked out great if i would have just held one more day... coulda woulda shoulda.. i don't feel bad about it.. shit happens..
     
    #877     Oct 16, 2012
  8. Yeah still holding them. Mostly I want to observe that behavior, as I've never actually been long puts on the VIX. No better way to find out what you're dealing with than to be in them. The frequency distribution of the VIX is Pareto-like, and given that I'd like to see what happens as the VIX moves around with these options. I wonder how the mm's model these things.
     
    #878     Oct 16, 2012
  9. same +1 i wonder how they price them to
     
    #879     Oct 16, 2012
  10. The AAPL Nov 610/660/695 BWB looks good here at 18.25 mid to buy.
     
    #880     Oct 16, 2012
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