Trader thinks he found a no risk trade. Gets rekt on epic proportions.

Discussion in 'Trading' started by peilthetraveler, Jan 16, 2019.

  1. RRY16

    RRY16

    Karen or Sweet Bobby must have switched over to RH from TT.
     
    #21     Jan 16, 2019
    MoreLeverage, fan27 and GRULSTMRNN like this.
  2. ajacobson

    ajacobson

    1/9/2019 66.52 0.00 0.00 0.00 54.61 0 157

    Nothing trades in the $10 calls on 1/09/2019 and OI ends at 157

    1/10/2019 0.00 50.90 55.50 50.90 52.10 510 154

    1/10 510 trade and OI drops to 154 - either three got exercised or some of the volume was closing. The OI should change for the trades done on the 10th on the 11th.

    1/11/2019 62.05 53.75 53.75 48.84 48.96 62 620
    Open interest pops to 620 - 154+510 and thinking naively OI should have gone 664 so either some got exercised or there were closing trades.

    1/14/2019 62.36 50.00 50.84 50.00 50.84 26 388
    1/14 the OI drops on almost no volume so let's assume it is all exercise.

    Here's the whole dataset, but I know it is difficult to decipher.

    These are the 2021 $10 calls.
    1/16/201959.8444.8947.0043.2445.167183671/15/201958.260.000.000.0050.8403671/14/201962.3650.0050.8450.0050.84263881/11/201962.0553.7553.7548.8448.96626201/10/20190.0050.9055.5050.9052.105101541/9/201966.520.000.000.0054.6101571/8/201968.8055.8055.8054.5354.61141481/7/201970.950.000.000.0075.7001481/4/201973.540.000.000.0075.7001481/3/201983.300.000.000.0075.7001481/2/201977.920.000.000.0075.70014812/31/201881.730.000.000.0075.70014812/28/201886.640.000.000.0075.70014812/27/201886.5380.2580.2575.3575.70814012/26/201881.4973.5573.5570.6070.60214012/24/201888.080.000.000.0053.05014012/21/201882.590.000.000.0053.05014012/20/201876.720.000.000.0053.05014012/19/201870.8153.5853.5853.0353.052712712/18/201871.7156.5857.5556.3557.554812012/17/20180.000.000.000.000.000012/14/20180.000.000.000.000.000012/13/201862.240.000.000.000.000012/12/20180.000.000.000.0051.15011912/11/201864.490.000.000.000.000012/10/20180.000.000.000.000.000012/7/20180.000.000.000.0035.50012012/6/20180.000.000.000.0035.50012012/5/201856.980.000.000.0035.50012012/4/20180.000.000.000.000.000012/3/20180.000.000.000.000.000011/30/201852.230.000.000.0045.46011911/29/20180.000.000.000.0045.46011911/28/20180.000.000.000.000.000011/27/201855.380.000.000.000.000011/26/201857.020.000.000.0045.46011911/23/201862.280.000.000.000.000011/21/201861.490.000.000.000.000011/20/201863.840.000.000.0045.46011911/19/201858.930.000.000.0045.46011911/16/20180.0045.4645.4645.4645.461110811/15/201858.140.000.000.0025.15010811/14/201859.010.000.000.000.000011/13/201856.890.000.000.000.000011/9/20180.000.000.000.000.000011/8/201847.900.000.000.000.000011/7/201848.470.000.000.000.000011/6/201854.300.000.000.000.000011/5/201857.150.000.000.0025.15010811/2/201857.710.000.000.000.000011/1/201857.470.000.000.000.000010/31/201860.230.000.000.000.000010/30/201863.320.000.000.0025.15010810/29/201866.800.000.000.0025.15010810/26/201866.550.000.000.000.000010/25/201860.930.000.000.0025.15010810/24/201863.980.000.000.0025.15010810/23/201856.320.000.000.0025.15010810/22/201853.380.000.000.0025.15010810/19/201852.760.000.000.0025.15010810/18/201853.490.000.000.0025.15010810/17/201848.730.000.000.0025.15010810/16/201847.870.000.000.0025.15010810/15/201853.440.000.000.0025.15010810/12/201852.220.000.000.0025.15010810/11/201859.100.000.000.0025.15010810/10/201852.310.000.000.0025.15010810/9/201841.950.000.000.0025.15010810/8/201840.850.000.000.0025.150108
     
    #22     Jan 16, 2019
    Sig likes this.
  3. Code:
    Formatting 
    might be easier 
    if you post list items 
    using "Code" 
     
    #23     Jan 16, 2019
  4. ajacobson

    ajacobson

    :D
    We still trade over the phone - coding would be a leap, but thanks for the thought.
     
    #24     Jan 16, 2019
    dealmaker likes this.
  5. Nope! I’ll tell Karen you said hello!
     
    #25     Jan 16, 2019
  6. As a trader of mostly naked call and puts sometimes spread, box is quite unfamiliar, but it looks like a dramatic. I am going to take it as a case study.
     
    #26     Jan 19, 2019
  7. jys78

    jys78

    I understand this job opening was recently posted. Surely unrelated!

    https://careers.robinhood.com/openings?gh_jid=1512073
     
    #27     Jan 20, 2019
  8. Pekelo

    Pekelo

    Funniest meme video:

     
    #28     Jan 20, 2019
  9. He really is a legend over there.

    [​IMG]
     
    #29     Jan 20, 2019
    kinggyppo and Snuskpelle like this.