Posts
Need advise to assess risk beyond standard portfolio delta, risk adj returns, concentration, cap use
My portfolio is doing well and it starts to feel too good to be true. Ive looked at all metrics above and they stay within the limits or norms. I don’t have much time accumulated for proper risk eval, only 3.5 month which is nothing. On the other side, 3.5mo …
10 Minute Trading
Not advice just how I make my money but anyone with risk appetite should check TSLA last 10 min of day. It will spike or drop more so than not. Always 10 minutes to close. Check for yourself. The contracts are cheap and can 10x or better in that time. …
Anyone piling up with $IOT now maybe?
There was a huge drop and I'm thinking about acquiring some IOT via CSPs. IOT reported good revenue growth and the stock is down 16% over the past year + dropped another 6ish% today. The reason for that is just higher AI and cloud infrastructure costs that influence margins. Well, …
SPX Bull put spreads, always close at 21 DTE?
I run 45 DTE SPX BPS with my shorts around 0.15 - 0.20 deltas. I’ve read all about 50% POP to close but also I came across a suggestion to close positions no matter the p&l at 21 DTE left due to gamma risk, is this a good idea? Lately …
Once I started trading volatility only, my returns skyrocketed
I have long since been an advocate for CSPs, the strategy itself works great but the covered calls when assigned left money on the table and the calls themselves had such low IV they hardly made up for the cost of assignment and capital tie up I switched to a …
AMZN 11/20 $300 Calls
I bought 100 of these yesterday at around $4.2. Who knows I may have very well been early with all that’s happening now but seemed like a risk worth taking… The strategy/theory is that Amazon continues on the pattern it has been. Earnings season rise with a dip between earnings. …
Profitable SPY ORB strategy — looking for fresh eyes before taking it further
I’ve been developing and backtesting a systematic Opening Range Breakout strategy on SPY and have gotten it to a point where I’d really appreciate some fresh eyes from people with experience in ORBs, systematic trading, or 0DTE options. The strategy uses a defined opening range, breakout confirmation, time restrictions, range …
Directional Theta Portfolio Using Different Underlyings — Anyone Doing Something Similar?
I'm a big fan of strangles, but when it comes to harvesting theta, I find it difficult not to have a directional bias. For me, the ideal time to sell a CALL is after the underlying has already had a strong run, while for PUTs I prefer the opposite, selling …
Nearly $800 Profit After a Volatile SPX Reversal Day — and a Lesson on Greed (9/1)
Continuation of yesterday's post — real numbers, no fluff, this is how the day actually played out. Overnight, the warning from yesterday played out: one of the two walls had to give, and this time it was the put side. Pre-market saw real selling pressure testing the ES 7659 level. …
TLT call credit spread — collecting premium because I can’t refi
Using a TLT call credit spread for income because I can’t refinance at these long rates. I don’t need yields to rise. I need them not to fall \~100bp. TLT is $81.87. Duration is \~15, so 100bp lower on the long end is roughly TLT into the mid-90s. That’s about …