It's not efficient in haircut but there is no edge loss involved on exiting the position. It's advantageous if you've got the net liq to do it. I'll post my weekly return tomorrow in my mIRA. I funded it again a few weeks ago as I wired out of my taxable account to fund my PB account. I am starting a fund this Summer/Fall in equity vol. I am a 25% stake but a 50% holder. The founder's position is funded and I'll be trading the account while we look for 1-2 equity shareholders. We don't need the money, but we'll consider ppl in the industry. I am not advertising. I can post my mIRA positions going forward. I won't be allowed to refer to my "work" positions.
I couldn't get back to update my UBER and index. I am out of UBER from 42.2 average. +62 (out) on NQ and out +24 on ES. I am moving into vol positions.