2020 Trading

[lightninboy]

The only ETFs I sell naked puts on now are SPY and QQQ. More volume and less risk. If I were tempted to use SVXY now, I would sell the 7/10/20 27 put for seven cents and hope it expires worthless or I buy it back for one or two cents.

 

[VolAlgo1]

Short-term Algo position:Long 200 $SVXY @$32.27.

 

[VolAlgo1]

Short-term Algo position:Long 200 $SVXY @$32.27. Position closed @$31.65.Loss of $124 on a $10,000 account.

 

[VolAlgo1]

2020 PL YTD =+64.74% Short-Term Algo: 2020 PL = Profit of $6474 on a $10,000 account.Trades#6 Win#3 Lose#3 Flat#0 Open#0

 

[lightninboy]

Here's the system I'm using now. It passes up some profit opportunities but it almost keeps me out of trouble.

 

[VolAlgo1]

Short-term Algo position:Short 200 $SVXY @$30.62.

 

[VolAlgo1]

Here's the system I'm using now. It passes up some profit opportunities but it almost keeps me out of trouble.

View attachment 234993
View attachment 234994

Looks as if you might be short at the moment.What size position do you normally take?

 

[lightninboy]

I just sell puts for chump change diversified in high-volume ETFs and high-volume stocks. I don't like short-selling, long options and spreads.

 

[VolAlgo1]

Short-term Algo position:Short 200 $SVXY @$30.62. Position closed @$32.65.Loss of $406 on a $10,000 account.

 

[VolAlgo1]

Short-term Algo position:Long 200 $SVXY @$33.80.