The Beauty of Options - Portfolio Insurance at a Discount

Discussion in 'Options' started by Sweet Bobby, Jun 19, 2020.

  1. destriero

    destriero

    What are we betting on?
     
    #231     Jul 2, 2020
  2. Atikon

    Atikon

    grabbing fucking popcorn
     
    #232     Jul 2, 2020
    themickey and Sweet Bobby like this.
  3. That my account is up on the week.
     
    #233     Jul 2, 2020
  4. And the only thing that I did was close one of my condors, I bought an additional 10 puts, and I made 4 fat fingered futures trades for a $4 loss. That is all the trades I've had this week.
     
    #234     Jul 2, 2020
  5. taowave

    taowave

    You should be at Dests feet as he boosted your annual earnings by 50%

    You ungrateful bastard :)



     
    #235     Jul 2, 2020
    destriero likes this.
  6. destriero

    destriero

    lol you're 70yo and sitting on $36,000 net liq and you want to bet me $20K that you're up $250? And down on the year.

    Dude, no idea what you've put since Sunday's open but your DOTM diagonal didn't gain. You're short the condor (long the natural at a credit) in that 5/1. You were sitting on losses on your stress as well.
     
    #236     Jul 2, 2020
  7. greeks.JPG

    And here's the current Greeks. I don't have a VIX position. That's just a working order. You ready to prove that negative theta killed me this week? I'm in the room waiting!
     
    #237     Jul 2, 2020
  8. I'll show you every trade made this week. Nothing to hide here. If 20k is too much, we can go down to $5,000. Ready?
     
    #238     Jul 2, 2020
  9. destriero

    destriero

    Again, how. much. are. you. up? And how can I vet the starting balance? Show the starting balance here and we'll talk.
     
    #239     Jul 2, 2020
  10. Currently up $312.50 on the week. Not much, but it's not negative $1,500 as you predicted.

    Here are my only trades for the week in this account.

    trades for week.JPG

    Should be an easy bet for you with all that NEGATIVE theta, huh?
     
    #240     Jul 2, 2020