Those are the ES and NQ puts that I always carry. I am always in the mkt with bear-reversals at a credit (ask me how). I will approach 5X inverse beta returns at approx 5% lower on index if this gains any steam. Wheeeeeeee!
NAILED IT Just made $$ selling overnight UVXY hold; will rebuy > 6.5 (not a reco) bulls r fkd bwahahah Lighting this btch up today, so much $ here already yippee kyo mfkr
Trading futures vol//cash allows me to avoid gamma-trading overnight. I can simply cover the stuff rather than extrapolate where my cash vol is trading. My cash mkt skew locks will be up as well.
Going on record as saying PLAY OF THE YEAR is buying UVXY for swing starting here at $6.50/share on 15Mar23, selling into 15-18 region. not a trading recommendation
On all that is holy… I promise to be nice to LF and tuck him in his twin bed at night if we print -5% today. Let it be so!
I am essentially long a straddle at a credit as Friday approaches so no skin off my nose, but I don’t think I would counter here.