· wrinkle brain plays · 3 min read

Wrinkle Brain Plays

Plays for Execution on April 28, 2023. In the style of Vanellope von Schweetz.

Plays for Execution on April 28, 2023. In the style of Vanellope von Schweetz.

Tickers of Interest - TL;DR

Gamma Max Cross

  • LCID 05/19 8P for $0.85 or less
  • NU 05/19 5P for $0.25 or less
  • MSOS 05/19 5.5P for $0.20 or less
  • TZA 05/19 33P for $1.30 or less
  • SOUN 05/19 2P for $0.15 or less

Delta Neutral Cross

  • AMD 05/19 88C for $3.85 or less
  • T 05/19 17.5P for $0.25 or less
  • WBD 05/19 13.5C for $0.55 or less
  • TSM 05/19 84C for $2.05 or less
  • FSR 05/19 6P for $0.75 or less

Trading Thesis - Feast Your Eyes on the Tastiest Crayons 🖍️

Just like Vanellope’s candy-coated racecar dashes across Sugar Rush, technical analysis zooms through past prices to predict the sweet spots of today. 🚗💨

My top-secret recipe for predicting winning plays involves blending option open interest with a sprinkle of Delta and Gamma greeks. Presto! We get tantalizing price levels where volatility is juiciest and the market hovers near equilibrium. Talk about a sugar rush! 😋

Sometimes, the underlying price dances around like a sugarplum fairy, reacting to delta neutrality or maximum gamma. My magical trading signals spring from the past reactions to these prices that put you in the fast lane to success. 🏁

To make your wallet sweeter, I whip up plays and target entry prices using a binomial option pricing model. It’s like a candy-factory conveyor belt, spewing out profit, direction and increased IV! 🍭

Notes - The Perfect Recipe for Trading Brain Gains 🧠💡

  • If the price has zipped past the entry, beware! It means the market gobbled up the goodies before you took a bite.
  • Grab half your winnings when you double, and ride the sugar-high of the rest at your leisure. 🍬
  • I’m the careful candy-maker, only risking 1% of my fortune on trades, and going even lighter when I’m less sure of success. 🍫
  • These scrumptious trades are based on yesterday’s intel, so chew on that when jumping in late. Don’t let fresh price moves spoil the confectionery goodness. 🍪

FAQ - Common Sweet Inquiries 🍩🍬

  • Focused on puts, are you a 🏳️‍🌈🐻?
    • Nope, not a gay bear! Some companies are just overhyped, like sugar-free candy. These trades help bring ‘em back down to earth (or a more reasonable price level). 🌟
  • Gobbling up all these plays yourself? 🤔
    • Nuh-uh! I’m sharing a candy box of opportunities so everyone can indulge in gainz glory. Pick your favorites from this smorgasbord, and see which ones turn you into a cash-making-machine! 💰🍡
  • What if there’s a new play for the same ticker? 🤷♂️
    • Then learn from Sugar Rush - embrace the new and ditch the old! Don’t chase past glories, stay fresh and savor the now. 🕰️
  • Where’s the 🖍️ magic? I only see words.
    • Click the links above to find the crayon treasure. 💎
  • What about back-testing? 🧪
    • Sure thing! Results boast a decent Sharpe Ratio of 1.76, with porfitable trades 63% of the time (+/- 7% margin of candy-filled error 🍬) 💹
  • How’s the performance record? 🏆
    • Mouth-watering! Realized Sharpe Ratio’s at 1.85 with a 68% win rate. Your chances of winning in this candy-wonderland are somewhere between 63% and 75%. Can you say sweet victory? 🏅 (Stats as of 2023-03-31)
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