A simple, yet effective trading strategy

First 9 days of 2023 with SPY = +6.63
6.63/387=.017=1.7%
***Start with buy @ close last day of Dec. 2022.
***387 = average price of SPY for 1st 9 days.
 
Huh??? What is Rickshaw's thesis?
upload_2023-1-14_21-35-26.png
 
Long Volatility at the close. Sell Volatility at the open works better on most days.
The market settles down after about 10:30 am and Bid/Ask spreads usually get tighter throughout the day.
 
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