SPX put diag for the week, the 1-lot bear put vert is actually a 10-lot SPY vert @ the ~same cost. I'm trading pretty light either way this week as I think we're in doji country. ...added SPX calendar calls, Mar31/Apr3 4105 for $1.15

Commonly, thru FDIC and/or SIPC, up to limits - $250k or $500k commonly, but some brokers add to that, up to larger limits. Where I'm trading is a broker owned by a US prime dealer bank and they say they offer account insurance up to an aggregate ...

From 9 months ago, shitz getting old....Q4 '22 GDP data out Thursday url

I don't need to dabble in flaky junk, I'm focused on the largest and most liquid options traded in the most transparent way on US exchanges thru US brokers who provide as much deposit insurance as is allowed by US law.

Leaning on RUT for bear action, hedging diag tail risk with IWM verts.

Russia probably already has nuke-tipped icbm's in Kaliningrad, so saber rattling about some truck-mounted nukes in Belarus is just that. Russia has devolved into a sad state, more and more frequently hysterically threatening the west with nuclear ...

I sense some calmness coming back into the news flow. Admittedly though, I've only been watching basketball. Anyway, the EM for SPX by Mar31 is 90 - putting us in reach of 4,100 by Friday, no problem. Cheap thrills is the Mar31/Ap3 SPX 4120 calendar ...

OUT of all bearish trades, all came off solid 2x to almost 4x, been a roller coaster, but after all the drama it got me about 8%. New trades can wait til Monday or later. I'll be trying not to think about trading for a few days. Happy Spring all.

when will it all come pouring back into stocks?

Cashed out Mar24/27 SPX 3800 calendar puts for $6 (net gain $4.75) - took off 75% and will let the rest run til tomorrow (unless there's a big dump at the close, I'll take the rest then also.)

I'm in good profit @ bearish spreads with this dump in the last hour. It'll be even better tomorrow, but this market can't be trusted to go in a single direction for anything over a day. I must always remember my rules: url

JY really fucked me. I likely roll all put side spreads this morning, but that will result in small losses at best. If NDX has a great day and gets back above 13,000, I might make a couple bucks on the call calendar, enough to be for the week.

week-wide call calendar Apr21/28, @ 14,775 - <$5k bet could net 80:1 or much more if you get the long calls to run alone in the last week

ok liquidity in NDX monthly expiries; cheap calendars and verts in the calls have easy 100x roi......IF we get that run up for a few weeks....vert shown $250 wide you can buy for <$150....

Well, I can't usually think that far ahead. But I see tech leading a rally into earnings season, anyway. Which is about 4 weeks. Easy to see NDX back to 15,000+ by then. Spectacular lotto wins out there just waiting for the lucky and the bold.

....this has all the signs of another sideways run. US index futures green in early Asia, I expect they will rally to the end of the week. But probably not hard enough. Markets are firmly convinced of the bull case - the tightening rates cycle is ...

...and then there was JY. They giveth and they taketh awayeth. Buggered my NDX dreams. But, early today I shored up my bear case with SPX and IWM put calendars and verts. Just not believing the FOMO market can string together much of a bear run ...

JPow comments bullish ! Load up!

Yeah, you know Uncle Jerry will bring the hawk. "Hey kids, wanna see my Dot Plot?" ...."Eeeew! Put it away!" ......I have some 2sigma red plays queued up for SPX. Thurs-Fri would be a good time for another regional bank to fall thru the Earth's ...

no doubt rips will be sold, dips will be bought, as it has always been, since the beginning of time. I just need to see some follow through in one direction for 2-3 days post-FOMC. Is that too much to ask? Especially need to see NDX put on another ...