Destriero's single-name vola journal (riskarb; atticus; et al)

-AMZN down on court tax ruling news

On second thought...

That's the problem with single-names, you're exposed to firm-specific risks...back to index haha

 

ha yes. Fly is down $3,000; share position is up $2,700. 1735 spot. Holding.

 

The hedge is doing it's job. It's probably better you're on a plane today, so you don't have pay attention to intraday noise.

 

Yeah, it's a 10-lot so I am going to let it play-out until I return.

 

Yeah right. You probably canceled your whole trip in order to manage this 10-lot.

 

You think that I should?!1

 

I would. I mean...you have your whole IRA in it...hehe

 

Your stock position must be in another acct, no? For haircut purposes

 

And the shares in taxable. I need an assistant. You're hired. I want $6K out of it, not held.

 

At current spot, 1750 now looks like a fade. So...

Jun29 1650/1750/1800 132 from 48 risk.