YM Puts

Discussion in 'Options' started by nodelta, Apr 20, 2004.

  1. nodelta

    nodelta Guest

    Sold some YM puts around 8am PST To Offset some short contracts.

    Why didn't I wait until EOD?!?!?

    Damn me!!!

    -ND
     
  2. Dumb a**

    :D

    I got your email, sell 14 ym to hedge a bit over your delta req.
     
  3. nodelta

    nodelta Guest

    Thanks man.

    I haven't even calculated my freagin' Greeks!!!

    I'm a blow up candidate for sure.

    -ND
     
  4. Your short 32 10300P/short 32 futs position is synthetically(=) 32 short calls. So you've no hedge on your remaining puts, other than what 32 short 10300 calls can provide, which you know, is a poor-ass hedge

    :eek:
     
  5. nodelta

    nodelta Guest

    Right.

    I'm cool going naked puts on about 30, cash-secured 'til about 9900, at which point I'll hedge 'em at b/e if assigned.

    But, I'm about 20 under on the hedge.

    Will short 15 YM's as hedge and hope nobody trades another contract until June.

    Thanks again,

    -ND
     
  6. nodelta

    nodelta Guest


    I'm long 55 contracts from around 9900.
     
  7. Sh*t Bro, I wouldn't be comfortable with that exposure...
     
  8. I take that back, I am short 400 straddles in ym, lol...
     
  9. nodelta

    nodelta Guest


    F*ck it.

    You only live once.

    Government is gonna get it all anyway.

    -nd
     
  10. Yo Bro, we have our own private thread going... How you doing? Wife still bugging you about a beach house? Did you hear that JC is a cake-boy?
     
    #10     Apr 20, 2004