High VIX – All loaded up

I pretty much reached the end of my risk tolerance in adding new trades. I have loads of HS3 and STTs on and I have all the shorts I’m allowed to have re the factory. Not much I can do now but wait for things to form on the factory side. All my HS3 and STT are POS UEL so I doubt I have much adjustments to even consider there. Should be a relatively easy few weeks re time spent on trading. A waiting game.

My Mar STT are all drawn down as expected re VIX being at 18 and skew changes. I have 282 total BWBs on total over course of 4 weeks (average of 65 a week) which represents a planned capital 1.25MM. My Jan/Dec are fairly neutral as I did tons of roll ups, but still have loads of theta in them. They are slightly drawn down from the highs as all the T+0s are falling re volatility.

The shorts I sold last week (Dec expiration) are increasing w vol but also time is a magnet. So it’s fighting that. A week or two more and should be able to form those. A crash now would kinda suck though 🙂 I am actively looking into a rule where I’d take off. I got a great price on the Jan expiration that I put on end of week. All in all, will be a really nice start if we bounce at all.

My x4 are hurting a bit. Will probably roll them out tomorrow.

My Rhino is break-even. Needs a roll too. Looking at that now.

    Poker and life

Getting ready for end of October and the study required, I am doing a 14 day no alcohol thing so I can focus, get as geared up as possible and get this studying done. Doing a bit of a health blitz which involves no alcohol, doing a regular niacin flush, slamming some vitamins, no carbs, and working out every single day in some form (I am doing a cross fit type class..I don’t like cross fit or the culture but I am too lazy to figure out an alternative as I go w/ my wife). I’ll be playing tennis and then jogging as well. Every day has to include one of these activities. I am also going to start up the mindfulness activities (meditation via primed mind) and just get to the best spot I can both physically and mentally. I want to make the best run I can at this thing over the course of Oct/Nov and getting ready for the PSPC in January.

If I can make a dent this year in tournament success, that’d be cool. I’d like to break-even with expenses in 2019 but keep having shots at 1MM+ payouts and that elusive final table.

I can’t get over the hand in the 2017 Bahamas main event. There’s 56 left out of 800 or so and my stack is above average. Good for probably top 30 and a reasonable shot at the final table. I get dealt AA. I raise, get three bet, I four bet (against the only other stack larger than mine at the table) and he shoves all in. I call with the best hand. His hand is AK. I am 94% favorite here. This is a massive double up opportunity that all but puts me at the final table. The blinds were 3/6k and I’d have had 720k stack (omg).

Since it’s an all in situation. They pause everything and call over the poker press, cameras etc..(i never found the video..odd). I stand there for 5 min with all sorts of pros behind me telling me omg you’re 94% favorite here. I’m all but counting the chips. So it’s really hard to explain but this is like after 4 12 hour days where you’re concentrating and so emotionally invested…when I see the flop KKT. I am absolutely decimated. One of the worst feelings I’ve ever felt and I know that sounds weird. But it was. I didn’t even collect my cash, I just wandered aimlessly around the Atlantis in a total weird ass state of mind. That was my shot. I hope I get another. Horrible luck for that point in the tournament and for the chips and position I would have been in.

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