Thanks. The new SPX 118400 no touch + futures are only marked to a $20,000 combined loss. Would like to see a bit of a pause here.
DAX double no touch -- 4900//5075 Premium: $49,600 Payout: $240,000 [includes prem paid] Expires: Nov 10, 2005 Narrow range double -- fully expect to get hit, but well priced for a lottery ticket.
No touch OTB at full payout: +$151,400 Futures-hedge loss at 122175: ($86,500) *Remain short 75 Dec ES from 120875, marked at 122175. Previous blotter: +$949,800 Exotic blotter tally: +$1,014,700 Open positions: Dax double lottery ticket. Short 75 Dec ES.
A few months ago I interpreted a comment you made on another board as indicating that you lost a great deal of money trading, and were therefore not a good trader (great on theory, weak on execution). Well, you had a good explanation for that comment, and you have shown here that you ARE a good trader (not that you or anyone needs someone's else vote of confidence). Congratulations on the seven figure return, and thanks for letting the rest of us look over your shoulder. synic
Dax never traded > 5050. Full payout. Exotics blotter: +$1,208,900 No open positions. Will trade SPX at the close today.
Thanks Ozzy. Vols flat on the week -- a good thing considering we've made marginal new highs. Today's jump in stat-vol bodes well for getting something off tomorrow. The NYSE adv didn't make NHs, so I'll be looking to fade it a bit, neutral SPX to 1225 or thereabouts.
SPX no touch -- 1218.00 cash Premium: $208,600 Payout: $400,000 [includes prem paid] Expires: Nov 17, 2005 Short 300 ES from 123500 average -- short strong synthetic straddle.