Pre-earnings vol plays

Bingo! Nice. How wrong can it be? And macro-political is helping (or whatever we call this).

 

You're a profound piece of shit. It is literally the only thing you excel at (being).

 

Ahahahahhaahh!

Thinking: the talking of the soul with itself.

~Plato​

 

That or you can't handle folks that toy with you because you are so predictable.
Don't ever take up chess. jmho

 

I'm a 1900 ELO and I rarely play. Northwestern Chess Club Pres. It's on my resume.

 

And now it's here.

 

Thanks, but the entry was really bad, almost 10% less credit than modeled. Entire curve shifted significantly downward because of that, left tail below x. Expecting a cover around -60 (3 loss).
I choose a combo from a pool of modeled risk profiles. I don’t adjust the profile post-entry, because the real entry price is usually very close to the modeled one (sometimes even better, as in the MDB trade).
A combo is sliced into multiple spreads, first spread has been filled 10 mins before close, but I couldn’t get reasonable fill for remaining ones. In that situation, I had to accept unfavourable price, ending up with an incomplete combo could have been much worse.
The only way from this mess would be a rally back up during today’s session, I am going to cover part of the short calls on open.

 

this happens

 

I was looking at the left tail stress and assumed no greeks there other than delta pos.

 

Yeah, it is confusing. Next time I will adjust the profile to the actual entry price, if significantly different from modeled one. But I hope that there will be no need in the future, I am done with trying to push through multilegged beast in the last 10 minutes. Better to skip the trade when I am too late.