no no...I just want to know if I have listed all the dailys or if I am missing any. No spreads. Never give back premium to hedge...premium is the hedge.
IWM (2 days)
SPY (daily)
QQQ ( daily)
XSP (daily)
SPX (daily)
Any other ones with daily or every other day? Why aren't daily's offered for stocks like tesla, nvda, aapl, amzn, msft, amd etc?
https://www.barchart.com/options/volume-leaders/stocks
More proof of the determinism of the market. You can see here that to complete the C&H McDonalds would need an earnings miss. Past price not only affects future price, it dictates it. The chart was essentially forecasting this earnings outcome. If you go Hari Seldon deep the chart will forecast...
Got it from article.
This is the 0DTE Breakeven Iron Condor strategy
Let us summarize the 0DTE Breakeven Iron Condor strategy before we move on.
It is a day trading strategy on SPX – the index option for the S&P 500 index. 0DTE = Zero Days to Expiration.
It consists of selling Iron Condors...
Wait...it is relevant. The problem with this strategy is that your stops will get tagged even when the price finishes otm. So you are constantly leaving premium on the table. I guess the question is do the losses prevented by the stops over come the premium left on the table? I think in an...
I think SD is irrelevant in this scenario because your stops are going to get tagged even if your strike isn't. Can we get a real world example based on spx today and put it to the test?
Those aren't the results you are going to get. The market is too efficient to give out free lunches :)
Also, on a single ic you are collecting $35 to open with a closing cost of $56...so factor that into the results x 10 trades.
Are you using a spreadsheet? What if you did 1 10 contract IC's...
I told you guys...I didn't even need a backtest. You either raise the deltas for more premium and get rekd or you lower the deltas and collect crap...or find a happy medium and basically waste your time but you get to tell everyone you are a day trader :)
Yeah but at those deltas the premium is garbage...and the risk to reward is even worse. What does this strategy work out to if you factor in working 8 hrs a day, 5 days a week monitoring it?
Also, the price zig zags practically every day to touch all the deltas that generated any premium...
Well, if you're not going to do it on a handshake where they send you the BTC and you send them the money then the smart contract is designed exactly for what you're talking about