Long-scalping equity options against time decay and market drift

Discussion in 'Journals' started by fullautotrading, Jan 31, 2022.

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  1. destriero

    destriero

    lol can we get an update on unrealized PNL today on your short nickel puts?
     
    #411     Dec 5, 2022
    fullautotrading likes this.
  2. spy

    spy

    Last edited: Dec 5, 2022
    #412     Dec 5, 2022
    fullautotrading likes this.
  3. destriero

    destriero

    No update on PNL? Waiting for another uptick?
     
    #413     Dec 5, 2022
  4. spy

    spy

    The delayed quotes are just starting to update now, lol.
     
    #414     Dec 5, 2022
    destriero likes this.
  5. destriero

    destriero

    Here's my monkey sim-account position, traded with a "COB" market order in SPX in a PM-account. You can adjust MTM PNL from net liq. Looks like $123,881.42 starting net liq.

    2022-12-05_7-19-45.png 2022-12-05_7-14-46.png
     
    #415     Dec 5, 2022
    lucysparabola likes this.
  6. spy

    spy

    What front-end is this des? Is this the same one that generates the payoff diagrams I see you post sometimes? Is it the one @fullautotrading built? :D

     
    #416     Dec 5, 2022
  7. destriero

    destriero


    Yeah, it's TDAmeritrade's TOS front-end. I reset the PNL. I will only use mkt-orders for entry/exit. The position is a complex-order arb and doesn't require a lot of haircut.
     
    #417     Dec 5, 2022
    spy likes this.
  8. ooga booga.
     
    #418     Dec 5, 2022
  9. destriero

    destriero

    Max risk is $5,200. Long vol. Here are the greeks. I won't clutter the thread so next post will be the cover. Apparently futures are delayed, but this is a sim off my IRA account. I will only trade SPX and NDX vol (no futures options).

    2022-12-05_7-33-34.png
     
    #419     Dec 5, 2022
    spy likes this.
  10. > A stress of the 15/1 structure goes debit on a 15% ES drop

    ES was 4100. A 15% of 4100 is 615

    A drop of 15% leads to 4100 - 615 = 3485

    So we will see what happens when the price gets there. And sooner or later it will.
    Is it something supposed to happen? Enlight us!

    Further, a ratio of 2 numbers such as 15/1, is totally meaningless without strike/expiration/price information. The payoff could be literally anything.

    So are you just farting your intelligence, after shitting on this board?



    > nickel puts

    Let's see some examples of (future) "nickel put" in the folio:

    upload_2022-12-5_15-54-14.png

    entered at a price of 339.75. Currently 238. Hmm, that is "nickel".

    Genius! Everything will sooner or later become a "nickel put", as the price curve on each layer, given enough time and information transfers, will always go to 0. By design.


    Here is another example of (future) "nickel put"

    upload_2022-12-5_15-57-2.png

    entered at 174 and currently 72.

    At any given time, there will always be layers approaching 0, by design.
    What a genius is the Donkey/Shrek combo!


    > The delayed quotes are just starting to update now, lol.

    These are all real-time quotes.

    In fact, you can only have real-time quotes on "paper trading" or a "real money" account.

    But the Donkey/Shreck combo was too taken by his gambling addiction to ever trade with an IB paper trading account. After all, to trade pocket change he can afford to lose it all in his gambling urges, and he can afford to show online his large gains to IRS officers :)
    He never ever had to write a line of code either to possibly know.

    All the Shrek/Donkey insinuations in a desperate and inane defaming attempt have proven so far to be empty. Fugazi:



    Instead of trying to defame a real person (an impossible task as there is really nothing to defame) who has a massive scientific production, as well as many well-known software projects, and is pretty well known, why this little fart does not focus on his own trading.
    You are just fighting the windmills like Don Quixote.

    Do you really like it so much to make a spectacle of yourself and be the laughingstock of this forum and the village idiot?

    Is this a subconscious therapeutic attempt on your part to cure your narcissistic personality disorder?

    Look this is Elite Trader, not a psychiatric ward. :)



    > Here's my monkey sim-account

    First of all, it's called "the Donkey paper trading account."

    And make your own journal with 2M where you show how to BUY at bid and SELL at ask, where you make 20% with 5% DD, and do not come here to post your clueless gambling, please.


    > What front-end do you use des?
    > Yeah, it's TDAmeritrade's TOS front-end


    Nobody asked.
    You keep talking to yourself by switching accounts in my journal. How childish!
    Are you a 9 y.o. or what?


    Why are you posting your journal inside my journal?
    Are you really out of your mind?


    At this point, if you persist, I will have to ask the moderators to take action.
     
    Last edited: Dec 5, 2022
    #420     Dec 5, 2022
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