atticus' "ship it" vol trading journal

+26.5% net after the 40/50/60.

 

Atticus, what is your exit strategy for both when you up and when you are down? How are you making your exit choices?

 

I have mental stops on the underlying. I would never have covered if the position were sized conservatively (5-10% of account).

 

hmm.. i'll get that one to.. i got this one Fundamentals of Futures and Options Markets John C. Hull ... and read all about swaps last night.. for some reason i just opened the book at chapter 7...

 

Damn thing is at 3.30 now.

 

out on 108 vola print , 2.98$ for a straddle

Profit is 22% net net

 

"Options, Futures, and Other Derivatives" is the one to study. Covers a lot, a prerequisite to other more specific sources. "Fundamental's..." is sort of a primer for the main book. Covers some of it, but excludes the math.

 

weeklys come out tommorrow for Apple.. earnings are the day before the weekly opex..

 

thanks Doobs i'll read it..... then i'll have more questions to blast out haha

 

do you know if there is a way to trade vstoxx through IB?