Kudos to MMs

Added L Sep ES 1138.75. I will convert to a 55 delta option sometime tomorrow.

 

I thought you were already long at 1200, 1172, and 1142. Looks to me like you are about 95 total points down. What is your pain threshold? It all sounds to me like masochistic martingale.

 

I never know whether to laugh or cry when I read this combination of delusion and naivete. It's almost like some sort of film where the OP re-lives each day over again and learns nothing from the past.

A basket case if ever I saw one.

 

No.

 

Ok, whatever that means. Here is what you said:


Standing bids at 1172, and 1142.
L SPY 121.01


I guess you were stopped out of those?

 

Let me guess, FV is 1426.7258. Plus or minus 30 points.

 

I can't believe my eyes, but it is what it is:

Calbirated FV, 1142.19 !!!!! FV, 1286.63. The calibrated FV is backing out chance of recession from market (55%). This is a gargantuan move in FV over Friday.

I am exiting the options positions (SPY and VIX) put on at 1172 SPX at a loss. Exiting the ES at 1142.75 for a small win. Flat.

 

Dammit now I have to close my short

 

As stated. FAIL.

 

You gotta hand it to nitro.... He's 100% accurate- as a fade! Covering your short at damn near the low tick on nitro's dump. Outstanding!