volarbs

...

 

Come on don't keep is waiting!

 

english motherfucker

 

buy pg vol for 17 and unwind as tesla vol at 70

 

Sick.

 

Looking forward to this thread.

 

I edited out my NDX position, but I'll post when I can show something (long vol arb that adds BP).

 

I am trading this tomorrow and it does not show the terminal (improved) payout. The distro goes from Cauchy to lepto but does not trade below x under any volshift. I've pulled 1000 beeps out of it. Peak PNL is $35K and PM/TIMS requires $980 initial req. Var on maintenance is about $200 but increases to double on last trading day.

It is long vol (unimodal) does not flip. I px it -10 handles which is extreme.

 

It requires three expirations, interesting! I will be following closely.

 

NDX near pin at 11380 is priced into my PNL tonight. Best day since last month’s skew lock.