Isn’t this kind of backwards? Shouldn’t your risk tolerance and market conditions dictate how much premium you can extract? That, in turn, will dictate your returns.
Sweet Bobby's Journal
- Thread starter Sweet Bobby
- Start date
Theta is a measure if risk and I have metrics in place to ensure that I don't go over those thresholds in conjunction with buying power usage limits based on VIX.
I had four trades today.
Total booked profits for the week are $497.51 with a net liquidation value of $52,519. Happy trading, all!
Total booked profits for the week are $497.51 with a net liquidation value of $52,519. Happy trading, all!
Yeah, it's been a big move in IWM. I have a diagonal put spread in there. My short put is hurting a good bit this week. If I close it Friday around the current price I'm going to have a short term loss of around $1,200. I will roll the short put out on Friday for a credit to give it more time.
It was a wild day in the market. I had 3 trades today.
Current net liq is $52,939.59. I have $623.74 in booked profits this week. I expect that number to go down significantly tomorrow as I will be rolling some losing trades out in time.
I am currently on track for a 29.94% return this year. Here are my current portfolio stats:
Happy Trading, all!
Sweet B
Current net liq is $52,939.59. I have $623.74 in booked profits this week. I expect that number to go down significantly tomorrow as I will be rolling some losing trades out in time.
I am currently on track for a 29.94% return this year. Here are my current portfolio stats:
Happy Trading, all!
Sweet B
How awesome to know that Poopy Dess commented on my post, but I can't see that he posted because I have him blocked. Easiest $1,000 I ever made was off that fool! Some of you still worship his vague self, even though he speaks on terms so that you can't tell what he's saying! He's a dick for sure!
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