did you miss the rally? Remember that I am handling 2M in this illustration
...
At this point is is fondling, naughty man.
Long-scalping equity options against time decay and market drift
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At this point is is fondling, naughty man.
At this point is is fondling, naughty man.
LOL, I learn so much new English and new words from your posts
For detail on executions, here is the excel file (Excel or the free WPS) with All executions (1168 fills at the moment, unexecuted orders not included) at this very moment ($ 342,157.57 including all commissions and spread to close all positions):
Total commissions: 19844.99, Total elapsed time: 274.39 (solar) days
Total volume traded: 14377, Total value traded: 4713971.60
Total commissions: 19844.99, Total elapsed time: 274.39 (solar) days
Total volume traded: 14377, Total value traded: 4713971.60
It just occurred to me (better late than never) that it may be handy for option selection to display the Delta / Theta ratio (or the reciprocal). So I just added it:
ES FOP 20220831 2600 P GLOBEX 50 → ES FOP 20221021 2870 P GLOBEX 50→ ES FOP 20221230 2500 P GLOBEX 50
ES FOP 20220831 2600 P GLOBEX 50 → ES FOP 20221021 2870 P GLOBEX 50→ ES FOP 20221230 2500 P GLOBEX 50
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The following bit of magic is in honor of Overnight's FOPs OCD
[and keep in mind at this very hour the spread is monstrous]
ES FOP 20230616 2000 P GLOBEX 50 E-mini S&P 500 [ESM3 P2000, 561102564, mult: 50]
ES FOP 20230616 2500 P GLOBEX 50 E-mini S&P 500 [ESM3 P2500, 495666632, mult: 50]
ES FOP 20230616 3000 P GLOBEX 50 E-mini S&P 500 [ESM3 P3000, 495665910, mult: 50]
ES FOP 20230818 4000 P GLOBEX 50 E-mini S&P 500 [EW3Q3 P4000, 574680266, mult: 50]
[and keep in mind at this very hour the spread is monstrous
]ES FOP 20230616 2000 P GLOBEX 50 E-mini S&P 500 [ESM3 P2000, 561102564, mult: 50]
ES FOP 20230616 2500 P GLOBEX 50 E-mini S&P 500 [ESM3 P2500, 495666632, mult: 50]
ES FOP 20230616 3000 P GLOBEX 50 E-mini S&P 500 [ESM3 P3000, 495665910, mult: 50]
ES FOP 20230818 4000 P GLOBEX 50 E-mini S&P 500 [EW3Q3 P4000, 574680266, mult: 50]
stamo in una botte de fero, haha
K, I guess that means you are. I am not good at languages other than English, and so I think you typed "I have an iron butt plug ready."
I would not be a good translator for the President, teehee.
LOL,
well, the butt was not really involved in the original (dialectal) expression, but you got the idea!
Following Overnight's concern, it's time to do some "cleaning" and free margins for the next challenges.
The "starting situation" is as follows:
84.50% of funds used is a bit too uncomfortable, so let's reduce this figure.
First of all, I am shutting down this layer, as the price is now low and the delta miserable:
so we get 81.6%.
I am also shutting down this other layer, as the current position (50) and the delta are uncomfortable:
And this brings down the funds used to 69.4%.
Same thing for this other layer:
and so we get to 57.4%.
Finally, for this short leg of our "protective structures":
I am going to activate algorithmic scalping/hedging trading instead of letting it with a fixed position so that the bot is free to hedge the position, if necessary:
ES FOP 20230616 3000 P GLOBEX 50 E-mini S&P 500 [ESM3 P3000, 495665910, mult: 50]
(so you see now the red circle has a yellow border, to signify this position is being handled algorithmically)
I am taking care of this one because of the relatively large delta (-11.46%) ad the fact that margin requirements may grow significantly (due to the relatively close strike).
For now, that's all: we should be in good shape to survive
(Should margins grow too much, we can "transfer" a few layers.)
The "starting situation" is as follows:
84.50% of funds used is a bit too uncomfortable, so let's reduce this figure.
First of all, I am shutting down this layer, as the price is now low and the delta miserable:
so we get 81.6%.
I am also shutting down this other layer, as the current position (50) and the delta are uncomfortable:
And this brings down the funds used to 69.4%.
Same thing for this other layer:
and so we get to 57.4%.
Finally, for this short leg of our "protective structures":
I am going to activate algorithmic scalping/hedging trading instead of letting it with a fixed position so that the bot is free to hedge the position, if necessary:
ES FOP 20230616 3000 P GLOBEX 50 E-mini S&P 500 [ESM3 P3000, 495665910, mult: 50]
(so you see now the red circle has a yellow border, to signify this position is being handled algorithmically)
I am taking care of this one because of the relatively large delta (-11.46%) ad the fact that margin requirements may grow significantly (due to the relatively close strike).
For now, that's all: we should be in good shape to survive
(Should margins grow too much, we can "transfer" a few layers.)
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