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Expound the profound

Follow @frankoz95967943

Nov 8 • 6 tweets • 2 min read

Very unusual
i smell a #swap brewing

And I was rite...
#SWAP ALERT

This market is so broken i dont even know where to start.

Literally if you were trading, looked away for 1 sec, scratched your butt or anything - you got screwed unless you were somekind of delta neutral

And I KNEW the fed was gonna do ths - this whole set up was there

so as markets raced higher, i'd buy strike and sell a hgher strike in 5c increments - if it didnt sell in 10-20s id lower my price but make damn sure i was covered

im onto their game now

i got them on BOTH sides

so now i have a locked in profitable iron condor, built from the ground up on either side

which i wanted anyway for this election nonsense.

now i can sit back and enjoy my popcorn

<...continues to fume...>

tqqq at moment is my main track

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More from @frankoz95967943

Expound the profound

@frankoz95967943

Nov 11

So what really happened today during this massive upset to $DXY

Lets dive in

Theres always a reason

And it is always related to currency operations
👇🧵

look at that chart REALLY close. JPYCAD moved bigly.
USDCHF and USDJPY and USDCAD....

wtf...why?

B/C japan bought canadian bonds and us bonds, thats why.

notice the yields on CA30 and US30.

jPan did that.

Prolly bought CH30 too

jPan plays currency games with canada - to crush oil (canada is a major oil producer)

Here oil (white) is inverted
Notice how usdcad moves invert oil? ...or did?

Thats japan - jpycad how you can see it

Read 9 tweets

Expound the profound

@frankoz95967943

Nov 6

Currencies are just short cuts for bonds.

In a normal world, its usually the 30y that drives currency.

And it makes sense, right?

Higher interest rates draws foreign capital...

Well, something interesting is going on - last 2 wk have been nuts.
🧵👇

So im intersted in currencies cuz if you followed me for any length of time, the market is driven by currencies.

Well, im wrong - its driven by bonds which drive currencies, but same diff

Currencies are driven NORMALLY by 30y
But opposing currencies can effect other currencies

Here vs cad - just so u can see - pay attn to peaks and vallies... this just a reference for now....nothing important

Read 37 tweets

Expound the profound

@frankoz95967943

Nov 6

#OPTIONS
#STRADDLE
Some strategies and their setup

today is straddle

🧵👇

Some terms:

This is a straddle set up

you lose if stonk stays in 9 range
win if 8 or 10

1) Probability of profit (POP)
2) Extrinsic value (EXT)
3) 50% profit
4) Delta
5) Theta
6) Max profit
7) Max loss

Cost to set up 147$

December strike

Every day this set up will lose theta (5) if you are a buyer, and gain in value if you are a seller

In the straddle above, you are a buyer on both sides, so you are risking loss

The higher the IV the faster the change.

And the closer to expiration the faster the change

Read 8 tweets