start trading these! This might be a losing trade for dest but that should not discourage you. Take his trades, post your fills and get feedback. Then repeat. I cant encourage this enough especially if you have read his previous journals. Watch how the position moves and relate it back to Dests posts. I can't stress the importance of this. Only 3 years later, when i find myself talking like dest, do i realize how important those initial days were taking his 132 flies having no clue WTF he was talking about were.
BC I went to HS I can say with confidence that the max terminal risk on the AMZN trade is $4,800 per lot. Asym-fly (3400/3500/3550) was trading over $15 and has shit the bed with the stock. The classic BWB (asym-ratio/sym-strikes) has earned a bit as recommended. Make more when you're right than you lose when you're wrong. How you go about that is your f*cking business... unless you're maskless.
You're like the only person ever, besides me, to post that you had a losing day in a real money account. Hallelujahs! (We're not sure about wabu27. On the fence there.)
I am 4 of 4 on your calls. Better than a double on a NOV vertical, plus $.10 on a 45 second DIDI trade(I read about shareholder lawsuits), plus 25 points on a NQ reentry, and plus 8% on a intraday AMZN calendar(I exited early because of continued supply near VWAP, like on previous days). Thanks, big daddy!