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Alan M • Edge_Slave @edge_slave

Price Action. Futures. Options. Algos.

Joined December 2019
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Alan M • Edge_Slave@edge_slave
4 Oct 2024
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9
1,656
EUR
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159
GLD; bet is for breakout to the upside. Flat if wrong and rolls over. Risk is falling in the belly
171
Crude
2
1
269
Not losing money for not seeing what you want to see to get in trade is a win in my book. No PA wanted => no trade
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104
#Tesla @quikoptionsguru Anticipating range breakout... If it breaks down instead, enough room to the short put. Adjust strikes so spread is put for a minor credit
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208
GBP... Looks heavy on the daily... wanting to go for a probe for 1.315. Offering that last swing low, naked on the H1, confluence with ATR, for a good R:R proposition
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265
Anticipated move done. No entry, no trade.
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ES. If this H1 resistance is broken up, long for a liquidity probe at ATHs
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3
219
Thesis still in play. Wait for bullish PA in prior resistance which must now prove to hold as support
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113
Target ATH probe. Thesis right, but didn't see what I wanted to see to get in. No trade
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87
GLD. After parabolic run, bet is for correction/consolidation. Buy an OTM put, and fund it by selling two farther OTM puts, to profit from put skew which as made the wings expensive:
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1
151
60 days out, buy 40-d, sell 30-d and 20-d
105
Gold 30d ATM IV & skew today vs 1 month ago. Rather sell vol
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140
Hi @optioncharts_io Any plans to add: 1) Time lines on P&L expiration diagrams; T0, T 10d, T 20d, etc. 2) Option to lock in a spread and simulate spread and leg value changes for changes in underlying, IV, time?
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1
141
Hi @optioncharts_io . Any plans to add: 1) Vol skew vs delta, not strike 2) Vol skew at different times (I don't mean for diff expirations, but same expiration but at different times; today, vs 1 week ago, vs 1 month ago)?
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105
Portfolio hedge. Ok, I am long overall in many portfolios, pension, etc. Market is looking a bit shaky
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1
139
more replies
Depending on portfolio size is the number of options needed for [partial] protection. The call strike is chosen arbitrarily (discretion). I think 680 will cap the market short term. The put strike is chosen so the call pays for it, ie neutral or a for net credit.
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123
The idea is, if the market corrects/crashes, the long put protects us. If the market resumes rally, we're long the portfolio so the short call doesn't hurt us. If SPY breaks up through the call strike (680), this would be a stop loss for the spread.
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VIX trade SPX new down leg after massive selloff:
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106
more replies
Put ratio spread, 2 weeks out:
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69
If market crashes and VIX flies, I'm safe on the right hand side of the spread structure. If VIX reverts, I'd look to exit at VIX=20. Quick time decay and VVIX reversion help this position
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