From $60K to $600K

Discussion in 'Journals' started by destriero, Jun 18, 2019.

  1. KevMo

    KevMo

    Dude, ya gotta go ghetto when it comes to bumpers. Step down from the hard AF plates and get the blacks ones from Rogue made outta old tires. They stink when they get hot...but much easier on the head.

    Jebus H, be careful man.:fistbump:

    Oh, and stop killing off citizens of the Great State.
    :sneaky:

     
    #161     Jul 13, 2019
  2. Overnight

    Overnight

    All I can do is envy this. WTG destriero. Kick their azz.
     
    #162     Jul 13, 2019
  3. destriero

    destriero

    i have hi-temps, but did this on Rogue urethane!
     
    #163     Jul 14, 2019
    KevMo likes this.
  4. Overnight

    Overnight

    Hi des, been a long weekend for me. Sorry, I cannot resist.

     
    #164     Jul 14, 2019
    destriero likes this.
  5. destriero

    destriero

    My favorite actor. lol.

    I'll be more active this week.

    Up 10% from inception. New net liq reflects the two accounts. I'll be trading in both unless I decide to move remaining IRA balance to taxable.
     
    #165     Jul 15, 2019
  6. destriero

    destriero

    $421,375 YTD gained. Short D, short vol in SPX and GOOGL. Holding positions. Up $800 on the day.
     
    #166     Jul 16, 2019
    leftythrowinginside and yc47ib like this.
  7. destriero

    destriero

    I'm going to move the IRA balance to taxable in 2020. I am going to continue to base the %return on net liq figure based upon the IRA net liq as I will never exceed the IRA net liq in terms of haircut. There is nearly $90K remaining across the two accounts, but I will not exceed the IRA net liq in terms of initial/maint. req.
     
    #167     Jul 16, 2019
  8. destriero

    destriero

    Closing GOOGL for a scratch (few buck gain).

    2019-07-16_09-55-02.png
     
    #168     Jul 16, 2019
  9. Dest any scraps you wanna throw for a potential big move for July rate meeting? Or too binary/wait til after?
     
    #169     Jul 16, 2019
  10. destriero

    destriero


    Don't short any August vol here. I think that's obvious. I would be long AUG2 vol and short JUL26 in long diags, calendars, etc. There is no other trade outside of pure direction. Straddled flies make no sense here. Backspreads are also a no-go into the Fed.

    Long JUL26/AUG2 diagonals that you close the morning of the day before the Fed meet.
     
    #170     Jul 16, 2019