skew locks

To those of you in my group... no I am not posting terminal payoffs or anything like that, simply the buying power figures and greeks. I will journal my attempt to carry $200K index vega with $200K in buying power under PM/TIMS or SPAN.

I will not answer questions about structure or timing. I know, it's lame, but so be it.

 

I have Tchaikovsky loaded up and ready to go when the trades settle!

 

$1300 in bp under TIMS for $2K vega

 

How to join in your group?

 

+1 please

 

There's a background check and a short form application you have to fill out.

 

"I don’t want to belong to any club that would accept me as one of its members.”

 

Initial haircut on $1100 vega is $2K. Not my best structure but all PNL plots above x. Stupid good. <2W trade.

 

Which option is this?