What’s the most memorable stopout/blowup you’ve experienced? Own or someone you know
I'll start with mine:
Originally supposed to be a spread trade, but turned into a net short position while long basis. two locations moved parallel on the way up, which , to my defence, made no fking sense, so I shorted some more.
Got a call from risk on the second day, got closed out due to MTM loss on the short, while covered call was not MTM.
Market came down three days later, but my position didn't survive to see this
Net short 1 Bcf/d of Texas physical natural gas priced gas daily, lost $1B+
Expedita corrupti consequatur dicta consequatur dolor qui. A voluptatum tenetur velit et. Nam numquam maxime et reprehenderit. Optio quas a aut est ut velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...