Here is my strategy post:
[https://www.reddit.com/r/options/comments/1vxb1ur/an\_option\_hedged\_market\_neutral\_strategy/](https://www.reddit.com/r/options/comments/1vxb1ur/an_option_hedged_market_neutral_strategy/)
As mentioned in that post: I've run this strategy for 3 months and its advantage is the stable PL (Profit & Loss).
Here is the snapshot of my IBKR 3-month net value change, which shows the same. I took the snapshot of app-switch on iPhone to prove that it's not a forged image.
As comparison, I attached snapshot of Nasdaq in the past 3 months -- note that it had a sharp drop at end of July but my PL is still stable at that time.
(the SPX positions below are parts of BOX spreads so plz ignore)
https://preview.redd.it/c69bdrak36mh1.png?width=1290&format=png&auto=webp&s=ba6d0620948ee901aa1c150a8607ac5ce562ae51
https://preview.redd.it/zzumn01y46mh1.png?width=1650&format=png&auto=webp&s=b5138a86841cc19aaa636d8f43e4b225ada05005