@david-moadel Hi David, could not figure out if there was a way to comment on your article about “ready for short vol trade”. My computer skills still lacking. But I found this method. So I think I agree with you. I tossed it all away at the worst time Friday afternoon. Just couldn’t hack it anymore. Constantly seeing and hearing how great stocks were doing just ground me down. As it turns out, I discovered IB was going to do it for me anyway. And still did liquadate another position that had a profit (TQQQ).
People like me who first experienced short vol in late 2016 and 2017 usually saw fairly rapid spikes and vol collapse. This year may be different. Hearing a lot about increased volatility for 2018. Maybe UVXY will go for a tumble on Monday. That’s what happened last time i bailed out. Wasn’t all bad trades last Friday because once i cleared the decks of UVXY and friends IB flooded my account with Buying Power. this allowed me to short WYNN Jan26180 Puts and get back 75% of short vol loss from those working out. Your article is very thought provoking and I will definitely need to give IB more capital or learn to be more effective with Options strategy. I appreciate your work, including videos.