See?!? You took like a 6.5 point hit on the NQ short, but still made money! Wile E. Coyote I tell ya'!
Because he didn't give us the skinny on why he took that short NQ position. There had to be more meat behind it. And there was.
My bad, for some reason in my head I saw you covered at 66.25 while reading the post. I should avoid the number 3 for a while.
I have large concentrated short vol trades on. Like $120K in vega. I would have gained 5x more on vols if NDX had opened above 14400 today.
There isn't a vol figure I won't sell into July 4. I am kicking myself for not being bigger. I am long the VX switch.
The vol-trading seminar is booked. Oct 4-8. I will probably add a day on Sat for a discussion session.