If i wasnt long I would be confident it was the trade I should be in. Since I am in it I am not comfortable.
For me no position is ever comfortable. The moment I get comfortable I normally should be exiting.
There are much better option selling CTAs than this one. CTA results really are not that hard to replicate. You just need to package your system in a way that will attract investors.
Our confliction is within the bolded text. You are right with regards to the same efficiency. But a strategy that is losing buckets of dollars in one market and making loads in another is questionable at best.
If you cannot determine why that is happening the majority of the time it is...