Long time reader, first time poster. First of all, I would like to thank all the knowledgeable contributors, who make this forum great (neww, sle, MrMuppet, tao, Mav, Kevin Schmit, Magic, TBS, etc. Sorry if I missed any guru in the list) Special thanks to B., I have read most of his posts (I am aware of 10 handles) and I hope that I absorbed at least 1% of his wisdom I will post here pre-earnings vol switch trades (live IBKR PM account) Trade 1 - ADBE, 85.37 debit edit: please move to Journals
Agree that ADBE is a great candidate (no position yet). What exactly is your position, if you don't mind answering?
You didn't guess my word yet? Its: Uropsilus Edit: fwiw I think adobe could move too, I'm not banking on it though.
Nothing unusual, short pre-event vol, long post-event vol BTW, thanks for your posts, I should have included you in the guru list as well
Sure, I will exit before, not planning to hold through the report. I would have structured differently if that was the case. That reminds me, I think you mentioned once in the skew lock thread that you held a position through CPI. It confused me, because my understanding is that a skew lock is a long vol structure and the intention is to always exit before the event. But it seemed that you gained on both (pre-event and post-event). I can't wrap my head around it Or did I misinterpret?