Bought 2 PEP Jul19'19 131 PUT @ 1.1. I took the idea for this trade from TheBigShort on his thread. However, I took one week later expiration and his strike price is 132.
Sold the 2 Call HAL @0.1: -80% - BOUGHT 3 STNE (+8.6%) Jul19'19 34 PUT @ 0.65 - BOUGHT 1 ANTM (+4.1%) Jul19'19 295 PUT @ 1.9 - BOUGHT 1 CI (+10.3%) Jul19'19 180 CALL @ 1.7 (trend follower upon independent confirmation)
-Sold 2 ODFL Jul19'19 145 CALL @ 4.9: +308%. That was a good yield contrarian play! -Bought 3 PEP Jul19'19 133 PUT @ 0.75 Bought these PUTS because the IV is so damn low, i.e., 10%. The problem is that usually MM have very good reasons to keep it a these levels.
The volatility of this week really helped my options and not only I recovered all my losses, but now I am up 10% from inception. Gee, I am outperforming destriero! The problem is that if keep doing -10% -> +10% every other week, my Sharpe ratio won't be that great!
- Closed the AMD PUT @1.25: +30% - BOUGHT 1 EA (-2.9%) Jul26'19 90 PUT @ 2.11 (trend follower trade triggered by indipendent confirm)