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CME

Opened a directional position on GBPUSD on Monday. 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

Last week the OP was telling us he works for a hedge fund. This week he is flogging strategies. Wondering what he'll be doing next week.

Oil fell further below USD70 and I closed this at a loss. Trade date: 26 May 2023 Security: CL Price at opening: 71.72 Structure: ItM/AtM Call Debit Spread Expiry date: 14 June 2023 Strikes: 69.50 / 72 Opening Spread: 1.49 Close date: 31 May 2023 Trade duration: 5 Closing spread: 0.77 Profit /...

Probably better to look at those the other way round. 2. Study, learn, model, backtest, refine / iterate. Repeat forever. 1. If you can determine that you have a positive expected risk-adjusted return after costs (including your time) you probably have an edge. If you cannot, go to q.2

Opened a long directional position on oil. I got a signal at Wednesday's close (>USD74) but due to other commitments wasn't able to open the position yesterday. The drop yeterday worked in my favour. Trade date: 26 May 2023 Security: CL Price at opening: 71.72 Structure: ItM/AtM Call Debit...

I would like to be able to tell you why, but the truth is my guess is only as good as anybody else's. The critical aspect is that I care much less about the the reason(s) underpinning the difference than I care about attempting to exploit the difference! :D Perhaps a slightly less flippant...

Closing orders filled for the Nasdaq Calendar spread yesterday and overnight. Trade date: 23 May 2023 Security: NQ Price at opening: 13848.0 Direction: Put Expiry date (short side): 26 May 2023 Implied Vol (short side): 17.4% Expiry date (long side): 30 May 2023 Implied Vol (long side): 14.4%...

Excellent! Why not set up a journal here and share your (PA) trades?

Finally got a couple of profitable trades to pop in here. Trade date: 15 May 2023 Security: GBP Price at opening: 1.2515 Structure: ItM/AtM Put Debit Spread Expiry date: 09 June 2023 Strikes: 1.25 / 1.2675 Opening Spread: 0.0105 Close date: 23 May 2023 Trade duration: 8 Closing spread: 0.0144...

I'm like the opposite of Midas this month. Closed directional positions (#372) at a loss. Trade date: 05 May 2023 Security: ZB Price at opening: 131.00 Structure: ItM/AtM Call Debit Spread Expiry date: 19 May 2023 Strikes: 128.5 / 131 Opening Spread: 1.61 Close date: 18 May 2023 Trade...

If running a fund, wouldn't you benchmark against similar hedge funds, for which accurate data is widely published?

Set-Ups have been scarce for Calendars, but opened a spread today to close before the weekend. Didn't get a great fill on this which will impact any profit. Trade date: 16 May 2023 Security: NQ Price at opening: 13441.0 Direction: Put Expiry date (short side): 19 May 2023 Implied Vol (short...

Interesting chart, and adds credence to the theory that prices fall between May and September.

Does working hard really make you a good person? Of course not. Some people work hard and are good people. Others work hard and are not. The two are not connected. Doing good things make you a good person.

Turned the S&P500 trade around and re-entered the Treasury Bond long position. Trade date: 02 May 2023 Security: ES Price at opening: 4,174.00 Structure: ItM/AtM Call Debit Spread Expiry date: 02 June 2023 Strikes: 4100 / 4175 Opening Spread: 52.25 Close date: 05 May 2023 Trade duration: 3...

It was! A disappointing start to the month. Closed these at a loss. Trade date: 25 April 2023 Security: NQ Price at opening: 12,997.00 Structure: ItM/AtM Put Debit Spread Expiry date: 19 May 2023 Strikes: 13000 / 13300 Opening Spread: 159.50 Close date: 02 May 2023 Trade duration: 7 Closing...

If driven sympathetically, most modern cars will move from standstill without using any gas, just moderate the clutch. However, most of us learn how to drive the car before we get to a roundabout! Serious suggestion, if you don't know what a clutch does or how it works, google it so you have a...

Opened another bearish position on Friday, and a long position on Treasuries. Trade date: 28 April 2023 Security: ES Price at opening: 4,139.00 Structure: ItM/AtM Put Debit Spread Expiry date: 16 May 2023 Strikes: 4140 / 4190 Opening Spread: 23.75 Trade date: 28 April 2023 Security: ZB Price...

I've been using a vertical mouse for a couple of years. Significant reduction in wrist pain. A decent memory foam wrist rest helps too.