Wow, it’s been an amazing couple of weeks! The Karen the Supertrader improved strategy is doing well during this correction. I’m up a measly 70.33% for the week. I’m holding 163 naked positions in /ES. Merry Christmas and Happy Trading!
He didn’t say he bought puts. Or if he bought them, it could be a part of selling strategy, hedging, leftover from sold spreads, legging-in, legging-out, etc.
How much is 163 naked ES positions in margin? > 500k? Somehow is doesn't make sense why expanding volatility and a semi crash market would be good for option sellers, aren't most sellers delta neutral,slightly negative deltas ? Seems like negative deltas are eliminated after one major down day, forget about a major down week.
Jesus H. Christ dude, GTFO now! If I was that high in profit I'd be so GTFO NOW considering this market's recent price action, I would BANK THAT SHIT. GET THE FUCK OUT NOW! What is wrong with you? Stop gloating and TAKE YOUR PROFITS NOW NOW NOW! Up 70% and still holding on. I am in disbelief. TAKE THE PROFITS FOR BLOODY SAKE!