Yeah we definitely have a ways to go before we print the monthly close. GDP print on the 29th should coincide well with the M close, and obviously the Q close already was under 0520, hence why we are 300 ticks lower in 8 days since that happened...

The Swamp

I got .027X as a monthly and .0520 as a Q... 1.0275 was a fart in the wind compared to what it took to get through .0520 and .0850

The Swamp

Yeah, I almost use em exclusively for downside risk. put backspreads are cheap insurance for a crash. There are probably better ways to be protective to the long side of spooz tbh

Let's Trade Options

Macro swings can get big here. I got long 1.0080 also. Old level, but the setup was pure capitulation. The quarterly is still .9910 but after melting through 1540/1332/850/520 with barely any retrace at any of those levels fibre is coiled for what ...

The Swamp

Ive been working for quite sometime with a long time Goldman options market maker. He worked there for 16 years. Hes the guy that told me "Always have your backspreads, preferably weeklies, they are cheap lotto tickets that will make you rich"

Let's Trade Options

All true my friend. Fun fact, I believe Forrest Gump was released this very day 28 years ago. I remember seeing it in the theaters with my kids

The Swamp

The dislocation in CB policy is obviously to blame for the havoc. We are seeing the first full on Fisher effect in decades. Until Powell pivots, or the market sniffs out that he is going to stop with the blind tightening, the euro and all the beta ...

The Swamp

Meh, they knew what they were doing. The worst part is they scream and cry about everything, while at the same time accosting all the younger people about being entitled. Lol Tax the boomers, their wealth was ill gained.

The Swamp

Oh absolutely. I have my Italian citizenship and the Euro passport to go along with it, so its a nice little thing to keep in the pocket. Tbh I’d rather live in Spain than Italy, although Italy has been coming up with some ludicrous offers to get ...

Let's Trade Options

Ya brother Im still doing the same ole same ole. Shorting rips in a downtrend like a good little soldier this year. Got my ass waxed pretty good on the bond collapse but nothing that cant be fixed. If you move to SD Ill buy you a beer for sure. Im ...

Let's Trade Options

Bro I’d argue the boomers are the most selfish, ruthless, and outright evil generation this planet has ever seen. The robbed from both the past and the future and milked the 40 year everything bubble while raping the planet just for shits and ...

The Swamp

Just rocking diagonals/calenders while vol is weirdly low…. Nice dude, Im all about the quiet winners Why not just throw on backspreads for the junk units instead of verts? They are super cheap and most of the time you’ll get the units for free ...

Let's Trade Options

IB is the only retail one worth a S***. Unless you can wiggle your way into a PM somehow youre basically going to always be ice skating uphill

Best Broker?

back in the day I got some pretty darn good advice on picking a broker. Ill share it here Picking a broker is not easy, and most retail traders only spend a few minutes picking one, mostly based on glossy advertising or 1000:1 leverage. Do your due ...

Best Broker?

Ive only caught 70% of this bull move.... underinvested and definitely not long enough...uggh

Let's Trade Options

Well fuck. Today was a punch in the dick. Oil down 7% made no sense. Hate these non systemic Triggers. Trump has a tantrum and tweets mid meeting. He could walk it back and ES spikes 50 in 5 minutes. I got killed on the vol rise.. had too many short ...

Let's Trade Options

Ya one thing is for certain.... after the dust settles the 737 will be the safest aircraft in history of aviation

Let's Trade Options

hey brother just poppin by to make sure you aren't dead still fighting the good fight. I like it ya BA fucked me today… bought the lows, some stock and sold some verts gotta think the top is in and we range for awhile now...

Let's Trade Options

I got Rekt in that last oil short covering rally. Lost almost 55k Im up 5x that from this last drop though. Still expecting 36....

Let's Trade Options

Brah.

Let's Trade Options