Closing both trades for a nice profit today. TSN + .70 (+15%) DHI + .84 (+27%) I will update you with new trades later on.
So you never have a situation where your system tells you the expected move is underpriced? No long trades ever?
Taking another 2 trades today. Will post fills when I get in (10 min) Short SWKS 82/101 101/120 synthetic fly for $6.51 Short ENR 40/45 strangle for $1.88 SWKS: ENR:
Closed out SWKS for a profit of 29% Lost 23% on ENR (log returns). Net PnL is up as I had more exposure to SWKS (I did not buy the wings on ENR). PnL up only slightly today. SWKS +1.63 ENR -0.50
Short NTAP synthetic butterfly 48/60 60/72 @ 5.20 Most of the large moves happen in November for NTAP which is why the vol gauge is a bit lower. I am in small.