poopy's competition journal

(I am flat at +1.51%)

 

This made me laugh.

 

Cost me about 4 beeps to get flat, but NDX was outperforming MSFT by a wide margin and that was my major long/short. I had a good size dispersion book on.

 

Yeah, I love you too, man. Just don't be going around sticking your nose where it doesn't belong.

 

Started shorting weak stox today. Up .04% on the day / week.

 

Intermarket arb. Oct 4. Not a term-structure arb.

 

Added another short this morning, portfolio up ~.1% now

I'm too superstitious to name the stock until after I'm out, but they have been in the newz

Total portfolio risk excluding slippage: 1.4%

 

Shorted near the top (in vol).

 

Not a bad move. As for me, one of my shorts got stopped out for .38% portfolio loss, and the other one is also down about .2%. Total DD so far ~.55%.

I wonder of option open interest and maximum pain points at the next expiry could help predict the next move of the main index. It rules everything!