I am out roughly half of AMZN basis 1712 average. I went neutral via shares. ES/SPX exceeded my target at +35 on the day.
Bruh...I've worked on a bunch of trading floors and haven't seen anything remotely close to this kind of hit rate on delta1. That's going back years on ET too, not just this journal. I want zero details, but I'm curious how you'd generally classify your approach to the delta calls...quant? discretionary? voodoo?
lol I fade the ES Journal. 30% quant/70% discretionary. 100% of the quant stuff is cobbled together and running (still) on Sparc20s.
Hey! I'm long the 1700/1730/1745 132 from yesterday. How do you decide how wide to trade your flies? That's something I don't really have a convention for yet. Some ideas I had were sizing width via some confidence factor on price, or some ratio to the SD of the expiration--but I don't know yet. Haven't been trading these too long.
I'll follow up tomorrow and at the end of the week with my IRA performance, but I can't show the work account. I'm taking two weeks off for The Bahamas and Martinique.