Vol-trading for beginners

Turning out to be a great call. Do you have a target or hold time?

 

13150 NDX touch = out ES for me. I'll trail 3940, but day sesh only (no overnight stops). I will not hold it thru the wknd.

 

Out at 40, -2.

 

I am also short the NDX APR 16 13000 combo from 531 (synthetic in calls).

 

Still a decent day

 

I went flat today. Out all at 13140 basis NDX. Out of my SPX 4025 cal, out NDX bull combo. I still have some May tech SN vol.

 

Up roughly 2% since the ADR reversal. I should have been up more, but I inverted delts on the NDX combo and didn't reach neutrality on the SPX 4025 calendar. I was long NQ as flipping deltas became probable.

 

Vol took a shit at the close.

 

Hi destriero,

With the NDX spreads and combos, I'm assuming that you enter with one order; no leg in.

How are the fills?

Would it be wise to start at mid, and then give a little to get the fill?

 

They are good. I usually trade synthetics when possible, and I did here, but t he spreads are comparable to SPX (notional to notional).