Go long AMZN double diags for Feb/Mar. I have 800 contracts various strikes and exps. Going to earn $3MM when they hit $50 on FebEx. My DCA is $6/contract. $20 last, up a mil. SEC, you woke?
Thank you. I am impressed and grateful. You are one of the very few willing to freely share and teach. This validates my understanding of how to trade flies. Why then did you move away from directional flies?
I have 500 flies on currently. A mix of classical (121s) and asyms (132s). I still trade a lot of flies. I'm only neutral (D) when I cover.
If that's @.sigma-speak for "cover me, I'm going in", I wish you luck. I roughed it in on my options platform, and it's well outside my risk parameters for a single trade. So, as much as I believe in @destriero's ability to read the tea leaves, that's a "no-go" for me. Analyzing it/setting it up was fun, though. I learned more stuff (as I often do when solving "destriero puzzles"), and will be following along in sim, for sure.