Recent content by N2M

2023 wrapped up!

Trades 39-43 for the algo

streamables got rid of my gif.. reposted

The algo buys the vol puts, max spend is i.e. 500 fixed. Long put, my risk is that 500, ill buy an spx vertical spread where the reward is close to, but above 500. Then I manage the pairs inverse relationship through the expiration cycle.

These are all algo driven trades, each trade is hedged, dollar for dollar. I'm only posting the volatility side of things for now. please critique if you see some flaws or bad math constructive criticism is greatly appreciated

I think you misunderstand my post. We are only talking about calls, PUTS were never part of the equation.. I use pt (point), 10 point spread. If I buy a 10 point debit spread with calls for 4.50, my reward would be 5.50. If i sell an ATM 10 point credit spread with calls, AFTER the price...

>.... oops

My coding is very basic..

Please show/explain how selling a more expensive, ATM, 10 pt spread, when you own an ITM 10 pt spread, is adding risk? I wanna know if I'm missing something...

I'm just winging this if (stock_price_a - stock_price_b) < x: send email

ODTE... price starts at 3985. Lets say its a 3990/4000 call spread on spx, (this will only work if there are available strikes between your strikes) Lets assume the price goes to 4005 Original trade is ITM now Sell a call spread against the ITM debit spread. ie the 4005/4015 and take in...

Easy script to write, What broker do you use?

Option Liquidity in vxx is great, that's my reason

With the specifics of my system, im aware of how many buys should happen, when that number is surpassed, something is wrong.. I ran into this issue with a simple syntax error, where invalid trades were being placed repeatedly, i was able to save 50% of my cash but i did learn a valuable lesson...