I'm in a holding pattern waiting for a macro setup, so I probably won't have anything until the last hour of trading. Mixed results on vol outside of NDX, but up nicely nonetheless. My TSLA thesis read like non-public info. I called that they could not be seen underwriting at 8.5% (bond offering) and would have to issue shares. Within days Tesla announced a $2B share registration. Yeah, this is bullish over Q2, Q3. I have flied-off my TSLA position at a credit and it pre-dates this journal. No risk on TSLA. And yes, I have doubled my account(s) since November. The doubling period had been from Aug/Sep to date.
B1 shorts the rally all the way loses a sim fortune ... Dest say Fvck that I'm selling the f'n top lol
DestFive: Long the SPX MAY8 2875/MAY10 2850 put diagonal from 0.50 credit. 5% allocation. Long May10s, short may8s. Short 1 ES per ten lot. (2913)
I am being transparent with fills, but it's going to be hard to keep to the allocation %. How do you allocate with futures if you've got a GTC stop in the system? Do you allocate based upon maint. req or the stop? Stops can be traded through, so neither is practical. Risk-tolerance is personal. I am going to base (spread) PNL on the debit req on spreads. Any position with variation margin will calc PNL based upon the overnight req. You can allocate as you see fit. It's too complex to allocate for the reader. Take the fills (or don't.).