VolOp Launch This is the first trade where I adjust my position sizing to account for the rising volatility in a ranging market that seem to have deeper drops whenever there are issues. I call this stance in my plan "VolOp" and while it results in a 1% drop in my monthly target. It should weather my contracts better. This current adjustment is mainly based on...
This is my Track 2 trade that takes up 33% of my fund (excluding margin allowance) This trade currently is aligned to the greater market direction which is bullish/ranging. There also seems to be some positiveness in the reports with inflation cooling and businesses still retaining their workforce despite the Delta virus impact. Have to keep an eye on the market...
This is Track 1, Trade 2 of the September trades. This trade follow the following theme that I have crafted. Industries that performed too well in 2020 (Market wise/product/service) might be unraveling because of their inability to keep up to the new or returning behavior shifts of people getting out of homes and back outdoors. After spiking early in the year...
This is Track 1, Trade 1 of the September trades. This trade generally follows the larger market bullish move as it seems like Retail is taking the Delta virus and inflation news on its stride. There will be price drops if those concerns surface again, but from what I've noticed, its all very short term. We also see retail hiring more aggressively and in the...
This is the first month I'm breaking up my trades into 2 tracks to spread risk and provide myself with more room to navigate depending on the market situation. I'm back bullish in JETS as it seems like the US is taking the virus in it's stride, even with Delta cases rising fast. Any virus precautions and restrictions while limiting are not new to business owners...
Re entered this trade as it seems like the market is stabilizing and did not continue it's drop. This drop was due to the inflation concerns and the increasing delta virus cases in US Sold 45 Puts @ 0.53 Strike 86 BP Block: 54K Max Gain: Est $2385 % Distance to Strike: 10.76%
Boil is a new ETF that I am trading to shield myself from inflation concerns. So far it has only risen even when inflation concerns are impacting the market negatively, even oil and gold saw drops. I entered two trades with one being tighter than the other (Trade 2), with a bid to get a better price at a strike supported by a strong resistance and bullish...
I entered this XRT trade with a high BP of 59K because I wanted to reduce my exposure on VXX. I'm getting the feeling that the market is reaching a stage where the bullish steam is running out. Especially with rising Inflation concerns. VXX to me is dangerous because it is exposed to Tech stocks which are currently sky-high and a drop in tech could be pretty...
I'm weary of my exposure to VXX and will try to reduce my exposure to it. For now, the price action seems to be stabilizing below the S/R line of $38. This month's entries seem tight due to the price offerings and when I entered. I'm not totally happy but it is manageable just not as defensive (Previous VXX trade I could get a good price at +60% from the...
I originally planned for XRT to take up 45% of my BP but some how my week earlier VXX trade's required BP suddenly increased and so for July XRT is back to around 30% BP So far it seems like the inflation worries have been quietened at least for the time being. I do feel it is a matter of time. This is why I need to reduce my exposure to VXX as it is very...
XRT is my JETS replacement. This month I was also trying to enter JETS but I couldn't get in at a good price. XRT is an ETF reflecting the US retail industry, specifically the Consumer Discretionary segment. I selected them because with the pandemic optimism and the decreasing unemployment, I expect the customers to be less tight on their retail habits especially...
This Month I will only be entering a primary trade. As the Primary trade, this is aligned to the larger market direction and is deemed less risky. I'm bullish inclined for JETS as it is considered one of the COVID19 recovery sectors. The strike is also at a resistance point of the range. Entering at 0.3 would have been my preference but I was too late to get...
I am diversifying beyond selling puts on JETS as it seems to have had a significant bullish run. XRT is an ETF reflecting the US retail industry, specifically the Consumer Discretionary segment. I selected them because with the pandemic optimism and the decreasing unemployment, I expect the customers to be less tight on their retail habits especially on everyday...
This is the second part of my May trade and I attempt to break up my holdings. VXX is based on the volatility index and is an inverse reflection of the S&P500. Currently, the market is pretty bullish and I expect it to continue at least for the next month. My strategy is to not go for the high-risk, high-reward trades. But steady high probably trades that I can...
VXX is based on the volatility index and is an inverse reflection of the S&P500 . Currently, the market has returned to it's bullish move especially after the bearish spike from inflation. The US economy also seems to be strengthening. My big worry is if the IN variant hits the US and if it will have an impact on the market. There are also good S/R lines to...
This month, I'm trying a new trade setup where I use 10% of the premiums earned for potential multipliers with limited risk. When I entered this trade, price was hitting the bottom channel of 88.06. Semiconductors as a sector has been doing well Weekly and Monthly. Hence I entered the following trade 9 Contracts, 100 Strike @ 1.10 that amounts to $990...
February's Hedge Trade This trade hedges TOL my secondary trade which is riskier as it was strategically structured to be the opposite of the border market movement. Hence if PG surges this should mitigate the loss. It is 15% of the premium from Feb's Primary and Secondary trade. If things go well I should not need to cash this at all. Bought 10 Puts @ 1,...
As the Primary trade, this is aligned to the larger market direction and is deemed less risky. I'm bullish inclined for JETS as it is considered one of the COVID19 recovery sectors. The strike is also at a resistance point of the range Overall the market seems to be bullish especially after the US inauguration. Sold 200 Puts @ 0. 36 Strike 21 BP block: 48k Max...