Hello all. I want to let it be known now that this is for the
most part, a paper traded strategy, as it's still new. I'm working
on fixing any kinks. I use something I call time/price analysis.
I take a trend (mostly daily) and find the low, and the high of
that trend. I then calculate the % change, and divide that by the
number of months that trend lasted for, getting an average %
growth per month. for example gs on daily. Low on 11/28/08 @
47.41, and a high at 10/14/09 @ 193.60..a % change of
308.35% in about 11.5 to 12 months, which is an average of
about 25.6% a month. I then take that 25.6 and divide by 3 to
get 8.5%. This is so I can set a conservative yet reasonable
growth expectations. most if not all the trades will be held for 3
months.
current holdings:
3 WYNN june 70 calls @ 7.5
3 OIH april 130 calls @ 6.4
3 GS april 180 calls @ 9.25
3 NFLX june 52.50 calls @ 5.50
todays PnL (unrealized)
wynn (-75)
OIH +547.50
GS -(150)
NFLX +225
most part, a paper traded strategy, as it's still new. I'm working
on fixing any kinks. I use something I call time/price analysis.
I take a trend (mostly daily) and find the low, and the high of
that trend. I then calculate the % change, and divide that by the
number of months that trend lasted for, getting an average %
growth per month. for example gs on daily. Low on 11/28/08 @
47.41, and a high at 10/14/09 @ 193.60..a % change of
308.35% in about 11.5 to 12 months, which is an average of
about 25.6% a month. I then take that 25.6 and divide by 3 to
get 8.5%. This is so I can set a conservative yet reasonable
growth expectations. most if not all the trades will be held for 3
months.
current holdings:
3 WYNN june 70 calls @ 7.5
3 OIH april 130 calls @ 6.4
3 GS april 180 calls @ 9.25
3 NFLX june 52.50 calls @ 5.50
todays PnL (unrealized)
wynn (-75)
OIH +547.50
GS -(150)
NFLX +225