Vanzandt vs. Destriero Trading Competition

30 SYMC 8/17 $19 Calls @$2 (bid/ask is 1.91/2.04)
$6000

 

• Paper trading is no good.
• There is no Fear and Greed when paper trading.

 

It's not an exercise in money management or trade psych. I don't care as long as the fills are marketable.

 

DestVZ1: GOOGL Jul6 1087/1125/1200 231 puts. Four lot at 43.75 mid. $17,500 debit req. 17.5% allocated.

 

DestVZ2: TSLA Jul6/13 340 put calendar. Long 20 lot from 3.48 mid. 7% allocation. (24.5% allocated)

 

TSLA a delta-bet and the 300bp vol-edge. Only -30 initial D, but lots of ddecay.

 

Just curious... why buy the 2 1087.50's.
Whats the reasoning behind that?

 

To maintain symmetry (price paid = requirement).