KRI$ // 3020

[KRI$ // 3020 @tk_poland]

@michaellistman How do you defend your naked CALL in situations like today? You mentioned that you cover them with shares, but do you do this when we enter backwardation and sell the shares when we return to contango?

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 Have you considered, instead of closing the entire position, just switching the sold CALL to a sold PUT at the same strike, which would cover the extrinsic value? In case of further increases, the value would zero out, and if the market calms down, you could switch back ?

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 Today, since the morning, we've experienced a reversal into backwardation several times. Is this a signal to close all short positions at a loss, or does only the backwardation at the end of the session matter?

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 In such a situation as now, how do you defend the PUT on JUL, by buying these PUTS and selling the CALL itself or do you have that which is worth and the rest you leave in the hope that nothing will break or you have another way?

[KRI$ // 3020 @tk_poland]

@michaellistman Can you tell me at what percentage breakdown of your strike call you decide to buy the underlying instrument, because I understand that in case of a small violation, you simply roll this call to the next week?

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 How do you approach targeting and closing positions?You know that sometimes we have a small spike of about 20% and if we don't use it we'll stay with the position and sometimes 70%? What's your way of setting the time of close position?

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 During the period from 25 Nov 2016 to 30 Jan 2018 we were at levels below 12.50 with a minimum of about 8.50 on Vix Index, that was also the time of hossy, do you not fear such a scenario now in the electoral year?

[KRI$ // 3020 @tk_poland]

@michaellistman What ratio between VIX vs SPX movement is normal for you and above it you consider it to be a signal that the correlation is incorrect and the difference is too big, something within 3:1 or more?

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 Hi Zee, when you close the JUN ?

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 Be careful Zee because the average price level for GME before posts from RorringKitty was 14-15$ so despite the large drops it is still expensive. All this hype was after RK tweets, and low level before tweets 22 april, is 10$.

[KRI$ // 3020 @tk_poland]

@Goral1234 Aaaa faktycznie, źle się rozejrzałem 🧐

[KRI$ // 3020 @tk_poland]

@rafal_zaorski Tango down to ty będziesz miał na depo.

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 I try swing, the moment when I close long vix is the moment when I open short uvxy. How you manage long and short in the same time ?

What is the signal to close long vix and open short uvxy for you ?

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 Hey Zee, you have some proven way of filtering messages or some favorite channels on X where there are very important macro data ?

Because watching Bloomberg etc. you have a lot of noise and unnecessary info, only to fill the views.

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 Very interesting thread 👍

" The root of all suffering is lack of awareness "

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 In other words :

VIX is IV for SPX
VVIX is IV for VIX

Take a look VVIX into a percentrank based framework, such as a 1-year for example. This generate clear signals. Then the reading automatically calibrates itself to the specified timeframe, regardless of the absolute level 👍

[KRI$ // 3020 @tk_poland]

@Goral1234 Góral, nic się nie zmieniło, dalej żeby jechać do Zakopanego trzeba być bardzo bogatym arystokratą, jedyna różnica, to że tej łódki już nie ma.

[KRI$ // 3020 @tk_poland]

@Mikey_Satoshi Zaproś farmazona44 w niedziele na live, zobaczymy czy dalej będzie tak fifakował z wyzerowanym kontem. Chociaż w sumie to nie jego kasa to nie ma czym się przejmować 🤣

[KRI$ // 3020 @tk_poland]

@ZeeContrarian1 Hi Zee, how did you manage to get out of your SPX position safely?