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    Swing trading with Butterflies

    Opened a couple of Calendar trades today to close by Friday hopefully: Trade date: 23 May 2022 Security: NQ Price at opening: 12025 Direction: Put Expiry date (short side): 27 May 2022 Implied Vol (short side) 42.8% Expiry date (long side): 31 May 2022 Implied Vol (long side) 35.1% Strikes...
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    Swing trading with Butterflies

    I also applied a similar methodology to Calendar Puts over 5/7 days, predominantly for the cash-settled Mon/Wed/Fri cycles (Nasdaq, Russell 2000 and S&P500) which has gone well. These take considerably less time to run simulations for, but I only expect to get 6-8 set-ups per month. 24 out of...
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    Swing trading with Butterflies

    Was able to devote more time to this recently. A couple of recent Flies closed in profit. Trade date: 10 May 2022 Security: AMZN Price at opening: 2200 Implied Vol 67.0% Direction: Put Expiry date: 13 May 2022 Strikes: 2070 / 2110 / 2190 Structure: 2 / 3 / 1 Opening Spread: 12.65 Close date...
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    IB put my account to close only status.

    Been round this for months myself but finally resolved. In my case - with more than one account at IB - there was a discrepancy in the net income / net worth categories between accounts. It took several months to sort out this very basic administrative matter, after which the closing only...
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    Swing trading with Butterflies

    Closing orders filled today, in profit. Trade date: 03 May 2022 Security: SPX Price at opening: 4174 Direction: Put Expiry date: 06 May 2022 Strikes: 4020 / 4070 / 4170 Structure: 2 / 3 / 1 Opening Spread: 14.00 Close date: 04 May 2022 Trade duration: 1 Closing spread: 18.75 Profit / (Loss)...
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    Swing trading with Butterflies

    Opened a put fly on S&P500 expiring on Friday. Trade date: 03 May 2022 Security: SPX Price at opening: 4174 Direction: Put Expiry date: 06 May 2022 Strikes: 4020 / 4070 / 4170 Structure: 2 / 3 / 1 Opening Spread: 14.00
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    Swing trading with Butterflies

    Closing orders filled earlier today in profit. Trade date: 28 April 2022 Security: SPX Price at opening: 4264.7 Direction: Put Expiry date: 02 May 2022 Strikes: 4150 / 4190 / 4270 Structure: 2 / 3 / 1 Opening Spread: 11.60 Close date: 29 April 2022 Trade duration: 1 Closing spread: 16.10...
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    Swing trading with Butterflies

    Opened a Put Fly on SPX today, for expiry on Monday: Trade date: 28 April 2022 Security: SPX Price at opening: 4264.7598 Direction: Put Expiry date: 02 May 2022 Strikes: 4150 / 4190 / 4270 Structure: 2 / 3 / 1 Opening Spread: 11.60 Close date: 02 May 2022
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    Swing trading with Butterflies

    Popped a 132 Put Fly on TSLA today and closing orders filled a couple of hours later as TSLA dropped below USD900. Trade date: 27 April 2022 Security: TSLA Price at opening: 902.78 Direction: Put Expiry date: 29 April 2022 Strikes: 825 / 865 / 885 Structure: 1 / 3 / 2 Opening Spread: 5.35 Close...
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    Swing trading with Butterflies

    Just one fly trade this week. Trade date: 19 April 2022 Security: SPX Price at opening: 4419 Direction: Put Expiry date: 22 April 2022 Strikes: 4325 / 4355 / 4415 Structure: 2 / 3 / 1 Opening Spread: 6.90 Close date: 21 April 2022 Trade duration: 2 Closing spread: 9.35 Profit / (Loss): 2.45...
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    Would you collaborate with a programmer if it meant sharing your system/research?

    The approach I would take is: 1. specify what you want him to reconfigure/develop/build. You will need to be able to do this whether you code it yourself, use the programmer that you're considering, or use another. 2. optionally, split programming the different pieces between different...
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    Swing trading with Butterflies

    Only two trades in the last couple of weeks but both profitable. Trade date: 31 March 2022 Security: SPX Price at opening: 4589 Direction: Put Expiry date: 04 April 2022 Strikes: 4515 / 4540 / 4590 Structure: 2 / 3 / 1 Opening Spread: 6.80 Close date: 31 March 2022 Trade duration: 0 Closing...
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    Best of Private Equity Stocks?

    Define 'best'
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    Swing trading with Butterflies

    Four trades with 100% loss in each case! The three positions from post #184 that expired on Friday and the SPX fly that expired yesterday. Coincidentally, another project is taking up a lot of time, making it difficult for me to get these trade set-ups, put the trades on, work out the closing...
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    Swing trading with Butterflies

    Everything rose strongly yesterday, so I'm expecting some losing trades tomorrow, but just added S&P flies for expiry on Monday. Trade date: 17 March 2022 Security: SPX Price at opening: 4392 Direction: Put Expiry date: 21 March 2022 Strikes: 4295 / 4330 / 4365 Structure: 1 / 2 / 1 Opening...
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    Swing trading with Butterflies

    I place a range of closing orders once opening orders have filled.
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    Swing trading with Butterflies

    Opened some put flies yesterday. In two cases my model favoured 121 structure rather than more usual (for me) 231. Trade date: 15 March 2022 Security: SPX Price at opening: 4232 Direction: Put Expiry date: 18 March 2022 Strikes: 4090 / 4140 / 4190 Structure: 1 / 2 / 1 Opening Spread: 4.85...
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    Swing trading with Butterflies

    A summary of the the last 75 trades (most of which are on here): Win rate was 84.0%. Average profit was 23.9%. Average loss was 70.8%. Net / aggregate profit was 9.2%. Average duration was 0.9 days Sharpe was 30.4%
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    which youtube "traders" are legit?

    Yes, but here on ET one needs to use one's brain and think whilst learning; rather than being spoon-fed on YT. It's slightly ironic that the OP is asking a community encompassing some real experts for sources of expertise from a community of entertainers!
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    Looking for a book...

    IIRC he refers to specific books within his many journals that may help. I vaguely recall that John Hull was one author. Go back and check again.
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