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post-election rally - adding back positions, hedges closed

election resolved.

market rallying.

adding back.

the outcome
#

clear winner declared wednesday morning.

market loved the certainty.

SPX up 2.1% wednesday-thursday.

my trades
#

wednesday:

closed hedges:

  • VIX calls: closed at $920 profit
  • SPY puts: closed at $680 loss
  • net hedge P&L: +$240

started adding:

  • SPX iron condor: filled at good premium (+$420 credit)
  • QQQ put credit spread: filled (+$280 credit)

thursday:

continued adding:

  • ES long scalp: +$380
  • BTC momentum: +$290

two-day total: +$1,130

the lesson
#

hedges did their job.

didn’t make much, but protected capital during uncertainty.

cost of $3,260 to hedge → recovered $240 → net cost $3,020.

worth it for peace of mind.

current positioning
#

back to 80% of normal sizing.

will return to 100% by monday if rally continues.

VIX dropping (now 18). premium selling back in play.

account update
#

election week start: $510,180

current: $511,310

week gain (so far): +$1,130 (+0.22%)

not huge, but didn’t lose during chaos.

that’s the goal with binary events.


2:34am friday. post-election rally. clear winner wednesday. SPX +2.1% in two days. hedges closed (+$240 net, cost worth peace of mind). started adding positions. week gain +$1,130 so far. account $511,310. back to 80% sizing. VIX at 18.

-AK

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