earning play...nflx

lol I was up 0.52. He's up 1.3-5. hahaha, he corrected me.

 

Yes

 

Finn approved this release, but his account is down AH on after hours marks on the options. He was up 495ish when I posted the earlier screen grab from my iPad.

A switch lock is a tenor-arb (between 2-3 expirations) which is predictive of post-event (earnings) vol; where it lands.

He's not vol-hedged in QQQ... he's taken a QQQ spot position (short) against TQQQ.

allo = allocation.

Finn tested at 145 on WAIS. Very proud.

 

The kids on Reddit were not kidding about $5 Wendy’s dumpster jobs.

 

so this result is unrealized gain when you mentioned he is down AH?

 

The vol-marks are unreliable AH as TDA marks the options to their posted bids on longs, and offers on shorts, so the marks always suffer after hours. Plus he has various micro futures and down a little on long futures (hedges). I'd have to look.

 

what I meant to say is if he still have open or close position by end of today?

 

Yeah, he usually carries overnight positions.

 

Did it gap much at open?

 

sorry. U can’t compare open vs close position similar to realize vs unrealized gains. It is like comparing apples vs orange. My $190 gains today is based on my position closed by end of the day aka realize gains.