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

Right now -.03 to close , profit of .66.

[To close I would sell the top calendar and buy the bottom calendar]


But I still think there is room for the front of the curve to unflatten further outside of a Comey, China, Stormy event so staying in the position (maybe partially because I gave large part of profit to teh ES hedge which is closed so being greedy).

 

Awesome!

 

Closed today for .02 (sold for credit of .02) for PROFIT of .71 per FLY



Sadly this is not normal profit for these FLYS (closer to .25 to .35 if lucky) but will take it.

 

NEW POSITION... scaling into the below -August/+September/-October VX FLY:



First "tranche" @ -0.05 credit.

This one will take time to widen so not a quick trade...
(Thanks Gabagool!)

 

Not worth the effort. Calling this a scratch. 4a/4b out:

 

Dest5: Long APR27 132 2600/2700/2750 in calls from 49.50 marketable. There will be a follow-up at Dest5b.

 

Dest5b: Long the APR27 121 2675/2725/2775 in calls from 19.00 marketable. 2:1 long; 5a:5b.

 

Dest5a summed vola: 1.91
Dest5b: summed vola: 3.96

 

Welcome back! Earnings fighting it out with Political news for control of the market and vols!