Vol-trading for beginners

Yeah. I am not price sensitive on this one. I will hold for a touch of 4800. The exposure is a bit more than a day's var.

 

I wonder how you define this. The variance of the portfolio's daily value?

 

@destriero Hi! Curious if you shorted vol in AMC? I sold a jun 11 straddle today, hope it works out.

 

I was; short vol/D in Jan. Did OK in it.

 

Shows that I was green in AMC today.

 

we roll-over (lower) today.

 

NQ long from 778.25 five mins after CPI and reversed 940.00. wheeeeeee! should be up more but my vol isn't performing yet. Up .9% on the day.

 

Should have covered the short from 940 earlier. Still pulled out a decent day in SN vol. I also have a large long box in my pro-account that is offering me a small arb-gain and some liq.

 

@destriero How did you trade TSLA in the last few weeks?

I've been holding a long August straddle since 5/26ish because imp volatility was low percentile then. However a move and/or significant volatility increase I was hoping for hasn't materialized yet. I did have some luck offsetting its costs by trading calls against the straddle. I'm curious if there was a better way. Thanks.