one/off

Out remaining 3 lot (both flies) at 53.00 and 13.50.

 

Good cut on the calendar... staying steady did not pay off today so far... let's see, but if the reports are true, this will not be a good trade for me.

 

Out remainder at 24.00 (+1.00) as source of funds for the 1220 Oct/Nov long from 26.00. 3% of portfolio.

 

Paid $10.00 for the GOOG Oct (3-day) 70/90/10 fly. It's marked 9.70 mid. 5% of portfolio.

 

Out all at 30.00. +4.00.

I needed to cover as I am getting uncomfortably long deltas in other products. Also long GOOG deltas to 590 in a fly.

 

Out 9.10 for -0.90.

No journal positions.

 

I added. SPY 123 Oct Dec callspread. Another 2% of account.

Unfortunately at a higher spot price. But I am now sort of strangle vs strangle.

 

atticus,
what in your method or way of trading you believe gives you an edge over the MMrs?

 

On what do you base your supposition that MMers have an edge? My wins (and losses) far exceed the spread.

 

I cut 1/2 my octs so that if something crazy does happen tomorrow my delta profile will be cleaner.