election night.
watching everything. trading nothing.
the action #
7pm EST: polls closing, futures flat
9pm EST: swing states too close to call, futures dip -0.5%
11pm EST: key states leaning, futures swing +1.2%
1am EST: still counting, futures volatile, VIX at 26
my hedges #
VIX 25 calls: up $720 at peak
SPY 505 puts: down $380
net hedge P&L: +$340 (so far)
not the blowout protection scenario. but not losing either.
what I did #
nothing.
sat here watching with A.
she made popcorn. we watched the results like it was a sporting event.
“you’re not going to trade anything?” she asked.
“nope. this is chaos. staying out.”
she nodded. she gets it now.
the discipline #
every instinct wants to trade this.
the swings. the volume. the opportunity.
but opportunity = risk when you can’t predict direction.
random outcomes deserve random respect.
tomorrow #
if clear winner by morning: start adding positions
if still contested: continue watching
no rush. market will be there.
tonight #
11:58pm. election night. futures swinging 2% ranges. VIX at 26. hedges slightly positive. trading nothing. A. and I watching with popcorn. discipline over FOMO.
11:58pm tuesday. election night. wild swings in futures (2% ranges). VIX at 26. hedges +$340 net. traded nothing. watched with A. discipline over FOMO. waiting for clarity before adding positions.
-AK