I would like to see Baron's take here as he would gotten an information request as well. You should IMHO clarify this is more about having a regulated day job.
What's a DIO subpoena? Nothing hit on search. How can they dare say anything to you? You have never posted a trade here for anything other than stuff like AMZN, TSLA, NFLX... all the biggies. Its not like you tried to pump some bs penny stock. And even if you are managing 7 figures... nothing you do or say here is going to have one iota of an effect on a fang stock for christsake. Your stuff is all educational in an attempt to help people here and you have made that extremely clear. Besides... how is posting on ET even remotely close to the stuff CNBC puts out daily. How much money has Cramer lost for people that listened to some of his picks? I mean his ability to move a stock is well documented. And the Najarians... hell they are on there daily spelling out their option trades on specific companies in detail, many on low volume low float stocks that don't take a whole lot to move. Then you have the whole Fast Money crew nightly. Several of them, and certainly their guests all manage OPM. And all of this done with absolutely none of the educational detail that you provide here when you post something. There is no comparison. If they can reprimand you... pff... CNBC needs to go off the air imo. I guess you gotta pick your battles wisely... but I'd be inclined to tell them to fo. I bet one if not several of the financial media outlets would pick up your story in your defense if they got real nasty. Thats just ridiculous.
It costs me $15K every time I have to respond to one of these things. I will still post the post-exp PNL on Sunday/Monday morning.
I am going to be out of town this weekend coming home mid next week, so I covered all open positions. And yes, the PNL is almost solely due to the NFLX short deltas--the fly produced a 4-banger. I left a couple thousand on the table, but there was a position pinned and I don't want a short in the mIRA. If anyone was operating under the misconception that I was ditching the journal due to losses... Up $10K and change from inception of the journal. $425K YTD profits on the mIRA. I have never required more than the initial $60K in haircut. 16% return on net liq in one month at >6x risk. GL.
Here are the individual PNL figures. I had a few bucks in taxable but I never allocated more than $60K to cover the haircut.
Well, your updates will be missed for the time you have to take off from here, for sure. At least you will be able to post comments in the meanwhile, yes? I'll keep an eye out on your other thingy, I get updates on it from e-mail each day. Sorry I'm not there more, but yer options and I know nothing on it, so cannot contribute. Options folks are bat-shit crazy. Enjoy the summer!
This was just WTF. GL pumping multi-billion cap companies... I haven't commented in this journal but followed with interest, it's a big loss to see it ended.