Winning Options Strategy on CT

Discussion in 'Options' started by MikaDelattreTrader, Oct 23, 2024.

  1. Thanks for the update. Ouch. Stay strong, you'll be back. Your health and your family are what's important. You can always get money. Take care.
     
    #111     Nov 7, 2024
    cartouche and Actuarial_Fun like this.
  2. Really sorry to hear about the loss. Do I understand right, that it wasn't even related to the CT options position, but other positions you had open? I think you said you were able to actually get out of the force sell at market and even profit by it, but then I understood you were down a few hundred K from there. So in the end this wasn't driven by the cotton position but by being highly leveraged in other assets, is that right? Regardless, doesn't matter too much just wanted to understand. Sorry for your loss. Is there any chance of this reversing before it gets liquidated?
     
    #112     Nov 7, 2024
    cartouche likes this.
  3. poopy

    poopy

    If you have the time, send me your Greeks and your haircut snapshot in a PM. B
     
    #113     Nov 7, 2024
  4. Mika, did your situation improve at all? Don't know all your positions so not sure what we should be rooting for. Hope you are doing OK, man. Whatever happens, you're going to be all right. We've all been there, in some way or other.
     
    #114     Nov 8, 2024
  5. Hello guys, rough weekend. Things went worth, situation deteriorated a lot !! I don't know what to say... Someone PM me to explain what happened to my trade. That the short vega in Oct25 coudn't be compensated by the Nov25 long. I don't have the capital to wait unitl expi. CapTrader will have to clean my positions, they closed my access, I don't know how pro there are or how they'll manage to do it. I just hope they'll not dig further my hole.
     
    #115     Nov 11, 2024
  6. newwurldmn

    newwurldmn

    ask them to give you some days to cover yourself. Don’t let them do it for you. They will just issue market orders and fuck you on the execution.
     
    #116     Nov 11, 2024
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  7. poopy

    poopy

    The Oct/Dec calendar lost 0.25 which didn't help.
     
    #117     Nov 11, 2024
    TrailerParkTed and soniadebaeke like this.
  8. Well...crap. We've all had bad trades, except maybe riskarb. ;)

    Never. Give. Up. :)
     
    #118     Nov 11, 2024
    nbbo and soniadebaeke like this.
  9. newwurldmn

    newwurldmn

    Funny how the French “girls” left this thread.
     
    #119     Nov 11, 2024
    soniadebaeke likes this.
  10. Not sure what to say other than waiting for liquidity to come back to reduce a touch - hopefully Mika can manage to stay in until that reverse
     
    #120     Nov 11, 2024
    cartouche likes this.