YM Puts

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

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

Damn me!!!

-ND

 

Dumb a**



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

 

Thanks man.

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

I'm a blow up candidate for sure.

-ND

 

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:

 

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

 

I'm long 55 contracts from around 9900.

 

Sh*t Bro, I wouldn't be comfortable with that exposure...

 

I take that back, I am short 400 straddles in ym, lol...

 

F*ck it.

You only live once.

Government is gonna get it all anyway.

-nd

 

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?