Trading /ES futures using a delta neutral strategy again. Collecting tons of premium as we are only 4 days from exp. Looking for the market to stay in this tight range. I think this is a market makers week where we churn through some option decay.
Position sizes are small. Great reward/risk!
Will be closing out the trade on Friday - opt exps in 4 days.
Collecting tons of theta with this trade, currently get more theta out of htis then the delta neutral /es futures trade.
Hoping we chop sideways this week. We shall see how it works out! - please be aware this trade does have a slight long bias. I'm sure though as we get closer to expiration the...
Currently in a long put debit spread. Looking to tag bottom of bollinger.
With the current trade war, and farmers being hammered in the midwest, we have technical analysis supporting the bearish macro narrative. Tough year on farmers, isn't the year they are going to be making investments in new big AG equipment.
Trading it short while also COLLECTING time...
In a delta neutral again - so far aside from one game my broker played I have been batting 1000 playing these SHORT ICs. so why not continue?
Buy 2880 P
Sell 2885 P
Sell 2980 C
Buy 2985 C
Theta is going to be picking up big time in this trade as we are 3 days from expiration - this will be on Aug 12th. Most likely will not hold till then....
Same deal, short IC going on Nasdaq to collect premium. this is a little more complicated as it is a short IC within a short IC and it is collecting massive premium. Within hours of putting it on it put out a great deal of coin, already tempted to take profits and roll up the top of the trade.
2 day exp on the options. And once again we are making the money...
Delta neutral trade on SPX futures right now. Volatility is high enough that it yields enough money putting short Iron condors on the SPX. I am using futures for this trade.
The crazy part about this trade is I have great probability of profit of 77%!!! and I only have to be correct for two days with this trade. Currently it is already green. I love these...
Hey guys, I have a fun trade going with super low risk, and I am using it to display a strategy I have historically used with great success. It may feel boring, but for those with good risk mgmt this is great to put on.
‘Put’ on :P
We are using puts in this trade. I will post a few pretty charts below, but the charts have nothing to do with my trade. This isn’t...
Weekly TA is so bearish, and we just escalated the trade war. China will most likely retaliate. Easing in Europe.
Not saying we are going to crash or anything, but we should see a pretty significant pullback. It will not be a direct line down to the bottom of the megaphone wedge. And we still are in a strong bull market that has spit up this news before. Trump...