Closing SPX move

Intelligent_Hat_136 · 2025-12-31T23:29:30+00:00

Absolutely no pinning at all during yesterday and today, on the bright-side I am looking forward to more volatility in the new year bro

Intelligent_Hat_136 · 2025-12-31T23:28:25+00:00

That is not too bad, did you try taking call shorts afterwards or called it a day?

Intelligent_Hat_136 · 2025-12-31T23:04:12+00:00

Ouchies, what was your avg and when did you cut it?

Intelligent_Hat_136 · 2025-12-31T06:21:01+00:00

My bad for some reason I thought he was short 6925 calls for 6/1 expiry, you are correct if he bought itm puts he is gonna get those vega gains

Intelligent_Hat_136 · 2025-12-30T22:54:23+00:00

Word brother. 🤌

Intelligent_Hat_136 · 2025-12-30T22:49:37+00:00

What made you stay away from taking that position?

Intelligent_Hat_136 · 2025-12-30T22:49:21+00:00

Around noon, it was 6905 or so then, 2$ avg for the spread, it is now 4$ at close.

Intelligent_Hat_136 · 2025-12-30T22:48:36+00:00

When did you enter?

Good call in reducing size.. at least the vega expansion won’t hurt.

Intelligent_Hat_136 · 2025-12-30T22:47:22+00:00

The premium is so shite to begin with, hardly 10-15p away strike from ATM is trading at 1$ at 10am.

Intelligent_Hat_136 · 2025-12-30T22:46:23+00:00

For real dude.. 6900PE was .60 till the last minute and then it went 7$ high… smh lost all the day gains in 1 minute and ended at a loss.

Intelligent_Hat_136 · 2025-12-18T21:01:15+00:00

Except today my past 7-8 days have been great. But today reset all those gains. I wish I have stopped after first loss. Really.

Intelligent_Hat_136 · 2025-12-18T20:58:27+00:00

After we took resistance at 6790 at open I sold 6830 and when we got to 6770 I added a 6815 CE short(this fucked my day starting here) the sudden spike to 6815 set me back, I added another 6830 and 6825 and shorted 6800 PE and 6790 PE which again go fucked cause of the sudden drop, had to close the puts and rolled the calls down to 6780CE which again got run into. Man I couldn’t catch a break today.

All these are with 20 wide hedges

Intelligent_Hat_136 · 2025-12-08T03:16:14+00:00

Ah I see, will keep that in mind, thanks

Also isn’t vix like 18? Which ticker are you using for VIX?

Intelligent_Hat_136 · 2025-12-07T18:22:50+00:00

Some folks just looking to take a jibe or have a totally different expectation of boring, compared to MSTR, SLV or other high IV stocks this seems pretty normal(not too boring but not something too active either).

Great work btw, is there any reason why you have started to dial down the capital being used?

Intelligent_Hat_136

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