Out at 1.80 (85 mid) on the uptick on the fly and on ES going +. May be back in another VIX by the close. +0.4% net.
Out GOOG basis 58.70, +1.80, but holding the wings for a week, taking a shot on the vola-jump when/if the report date is release for JanEx. I'll mark the wing sale when it happens.
Forgot to post it; a token position long the GOOG Jan04/Jan18 720P calendar from 10.50 (35 mid). 3% allocation. I like it a lot, but if they do push the report >17th then it's a generic short-distro play. Still, should be bigger and I may add here.
I think if they push the earnings out, you lose 5 vegas on monthly. That's why I cut my position. The risk reward was -5/+3.
Short 10% (initial req) in the SPY Jan18 138 pitchfork from 9.75 credit. Short 138P, 138C, 3:1 ratio. Short ES 1422.25, 3% basis initial overnight req.
No GTC limit on this as I expect a touch of 528.80 this week with a VWAP of ~523. This has home run potential. I will attempt to hold through expiration.