Search results

I'm going to stop putting trades here for a bit. My focus has changed so I'm doing fewer swing trades >7DtE, and using them to (partially) hedge positions that are primarily volatility-driven over a month or so. In addition, I'm doing lots of shorter duration stuff (1DtE to 7DtE at open) which...

Pleased with this one. Trade date: 25 July 2023 Security: SPX Price at opening: 4568.4 Direction: Put Expiry date (short side): 28 July 2023 Implied Vol (short side): 10.9% Expiry date (long side): 31 July 2023 Implied Vol (long side): 9.7% Strikes: 4565 Opening Spread: 2.30 Close date: 28 July...

Opened a Calendar trade yesterday for expiry on Friday. Trade date: 25 July 2023 Security: SPX Price at opening: 4568.4 Direction: Put Expiry date (short side): 28 July 2023 Implied Vol (short side): 10.9% Expiry date (long side): 31 July 2023 Implied Vol (long side): 9.7% Strikes: 4565 Opening...

Definitely. A wiser man than me suggested that apparent good luck is often down to good planning, awaiting an opportunity to deploy it. I'm sure I'm not alone here, but having spent lots of time and effort on the planning part, I find I can often make my own good luck.

Closed the oil trade at a profit today. Trade date: 06 July 2023 Security: CL Price at opening: 71.28 Structure: ItM/AtM Call Debit Spread Expiry date: 28 July 2023 Strikes: 66.5 / 71.5 Opening Spread: 3.26 Close date: 11 July 2023 Trade duration: 5 Closing spread: 4.24 Profit / (Loss): 0.98...

Closed the short directional position (#391) in oil at a loss before a weekend away and opened a long swing position. Fat finger on this one as I moved a closing order down by accident - an expensive mistake! Trade date: 27 June 2023 Security: CL Price at opening: 69.03 Structure: ItM/AtM Put...

Not in aggregate, but the Sharpe Ratio for the individual strategies that I trade are not too far off what they backtest at - mainly between c.45% and 65% with outliers at 11% and > 400% I've been trying to reduce instances of 100% losses, and take profits more conservatively (and more often...

Closing orders for the Treasuries trade filled today in the sell-off, at a profit. Trade date: 03 July 2023 Security: ZB Price at opening: 127.08 Structure: ItM/AtM Put Debit Spread Expiry date: 21 July 2023 Strikes: 127 / 129.5 Opening Spread: 1.58 Close date: 05 July 2023 Trade duration: 2...

Closed the long directional position on Russell 2000 at a profit. Trade date: 29 June 2023 Security: RTY Price at opening: 1899.00 Structure: ItM/AtM Call Debit Spread Expiry date: 07 July 2023 Strikes: 1860 / 1900 Opening Spread: 26.30 Close date: 03 July 2023 Trade duration: 4 Closing spread...

5 pages in and nobody mentioned Expectancy, which is what matters. Use Kelly for position sizing.

Missed one last week. Trade date: 21 June 2023 Security: GBP Price at opening: 1.2726 Direction: ItM/AtM Put Debit Spread Expiry date: 26 June 2023 Strikes: 1.2725 / 1.2825 Opening Spread: 0.0060 Close date: 23 June 2023 Trade duration: 2 Closing spread: 0.0078 Profit / (Loss) 0.0018 Profit /...

A couple of thoughts on this in no particular order. I didn't see the video but saw some of the comments. Fundamentally, people are paid what they are worth to their employer / client / customer. Some people (employees) understand that. Some do not. Most senior managers and CEOs do. Many on...

Why not prove everybody wrong @rajesheck by starting a journal on here, paste in timestamped charts with your prediction, then paste in your profitable trades based on those predictions. I predict that you will find excuses not to.

Closing orders filled for the IronFlies on ZB Treasuries (#384) at 1 37 (or 1.58 in decimal), or 25.5% profit after 8 days.

Closed the cable trade at a loss. It went the wrong way almost imeediately and showed no sign of turning around. Trade date: 14 June 2023 Security: GBP Price at opening: 1.2711 Direction: ItM/AtM Put Debit Spread Expiry date: 21 June 2023 Strikes: 1.27 / 1.275 Opening Spread: 0.0028 Close...

I've read a lot from Dest, Atticus et al, and pleased to say that over the years I've even begun to understand some of it! :) Applying some of it has helped my bottom line, so as others have said, thanks for sharing.

I have changed approach for GBP slightly, and expect that duration of swing positions will be shorter than for the other securities traded. Opened this yesterday and looking to close in less than a week. Trade date: 14 June 2023 Security: GBP Price at opening: 1.2711 Direction: ItM/AtM Put...

I was about to post a short directional trade on oil that was opened on Friday, and realised that closing orders had already filled this morning, so an unexpected nice quick profit on that one. Trade date: 09 June 2023 Security: CL Price at opening: 71.20 Structure: ItM/AtM Put Debit Spread...

I don't have info for the flies to hand @Perspective , but the other stuff is: ...so Calendars are arguably my most profitable strategy, but I don't get many set-ups / opportunities that meet my conditions / requirements. Monthly equivalent rate isn't compounded in the table btw. The...

Closing orders for the GBPUSD trade filled towards the end of yesterday's session. Trade date: 05 June 2023 Security: GBP Price at opening: 1.2394 Direction: ItM/AtM Call Debit Spread Expiry date: 03 July 2023 Strikes: 1.2325 / 1.2425 Opening Spread: 0.0059 Close date: 08 June 2023 Trade...