1. Now we have two problems

    Some people when confronted with a problem think “I know, I’ll use options.” Now they have two problems.

    (The above title is adapted from the Regular Expressions sub on reddit.)

    Well, we have some incredible numbers for unemployment. Any regression model trying to fit this charg is going to …

    read more

    There are comments.

  2. Bonds may be leading us up the garden path

    Published: Wed 13 May 2020
    Updated: Sun 01 January 2023
    By steve

    In markets.

    Markets are hard to read

    Today’s FT (C&F): Peter Oppenheimer of Goldman Sachs says that event-driven bear markets are soon over, so don’t worry, chaps, everything will be fine from now on, especially for Big Tech. However, maybe governments will have no option but to start taxing …

    read more

    There are comments.

  3. How I set up this site

    Published: Mon 11 May 2020
    Updated: Sun 01 January 2023
    By steve

    In Markets.

    This is a note for me, to remember how to create a new entry.

    I had to fiddle a bit with Pelican to make it work OK on Windows and to allow me to use a custom domain on github. You can see the full gory details at https://github …

    read more

    There are comments.

  4. 15th April 2020

    Published: Thu 30 April 2020
    Updated: Tue 22 November 2022
    By steve

    In markets.

    15th April 2020

    OK, last week has been pretty awful. The Fed went all in on stimulus and there was a face-ripping rally of all risk assets. You lost a lot. Ugh. Lots of stops triggered. Yesterday was also a risk-on day, and you lost money, although you did sell …

    read more

    There are comments.

  5. 17th April 2020

    Published: Thu 30 April 2020
    Updated: Tue 22 November 2022
    By steve

    In markets.

    Friday 17th April 2020

    OK, I’ve kinda gone delta-neutral on my long long-dated puts on TSLA, RUT and BA with shorter-dated short puts. This was a smart move. The market has been rocketing lately, for no obvious reason, as usual. At least I haven’t been damaged too badly …

    read more

    There are comments.

  6. 1st April 2020

    Published: Thu 30 April 2020
    Updated: Tue 22 November 2022
    By steve

    In markets.

    1st April 2020

    Trades

    • (Late yesterday): NQ, GC both sold by stop
    • (Early this morning): ES & 3333 (China Evergrande) stopped (this and previous at a loss).

    SX7P option sold via limit (up $10K).

    • at desk this morning: sold 9 SX7P futures, to rebalance the hedge at a $3K loss,
    • 5am …
    read more

    There are comments.

  7. 2020_april_20th

    Published: Thu 30 April 2020
    Updated: Tue 22 November 2022
    By steve

    In markets.

    20th April 2020

    Overview as of now (4:20pm): equities quiet, CL down 8%.

    Your trades:

    • trimmed TSLA to edge a big more -ve,
    • sold some calls vs short cash because … stonks!
    • pyramiding the Incredible Hulks trade. Not sure it wouldn’t be simpler just to short CL,
    • bought one …
    read more

    There are comments.

  8. 2nd April 2020 \(Jerry’s birthday\)

    Published: Thu 30 April 2020
    Updated: Tue 22 November 2022
    By steve

    In markets.

    2nd April 2020 (Jerry’s birthday)

    Stops and limits

    OK, overnight, a few stops were triggered, with some modest downside. Your short in DJ600 went again. The good thing was that this has dropped your risk level a lot. Because of the insane volatility, this is a good thing.

    Morning …

    read more

    There are comments.

« Page 68 / 71 »

links

social