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(short thread)
SPX was marked at 7700 before payrolls this morning. That's right on one of the two biggest market maker longs in today's expiry, and it's the balance point on this morning's levels.
ES had already covered a 42 point range overnight, about the same size as the 0DTE straddle.
Today at 2pm ET we close the onboarding week with an open Q&A, live on this position
(thread)
every session this week is written up over a live position from one of these sessions, if you want to read before you ask-
positions: https://t.co/8XZy55pV72
gamma: https://t.co/9ueoD18zp3
charm: https://t.co/Lop7ZA9qUA
trading: https://t.co/fFQdkv0rfw
@LeverageMonkey@alphaticaio They roll the trade to adjust it at close to be aligned with the actual quarterly close.
The strikes are correct- I updated with a reply to indicate the final version too:
the Collar was rolled EOD to these final strikes:
6110 / 7245 Put Spread vs. 8060 Call
a 3k lot carbon copy traded alongside in the SPX
(which intrigues me)
@saltydocEM It’s also a problem of vol time- it thinks there are 4 days to expiry for the Monday contract but that’s treating periods when the market’s closed the same as when it’s open- the Monday effect is an illusion of calendar vol time
RTM reopens to new members Wednesday Oct 14- a 5 day Trial & Onboarding, Wed through Tue, $285.
LEARNING HAPPENS LIVE.
This is for full time day traders -
no shortcuts, but the reward is worth it
Join the October group at https://t.co/OxZs912p0g
The Chicago AP signal in RTM is now the AP Overlay
every print now means the customer is executing right now, and that's the update TradingClosed presented live this morning
the replay is up.. key points and the Q&A below
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