ID: 2023 - 031
Updated
11.7.2023
Second to the last trade executed for 2023.
This trade is an ATM trade (at the money) and will use aggressive adjustments to maintain total position delta between +1.0 and -1.0. This is accomplished by moving the short strikes as necessary.
Happy Trading All!
-kevin
Second to the last trade executed for 2023.
This trade is an ATM trade (at the money) and will use aggressive adjustments to maintain total position delta between +1.0 and -1.0. This is accomplished by moving the short strikes as necessary.
Happy Trading All!
-kevin
Trade active
11.9.2023delta adjusted yesterday at the close.
Trade active
11.10.2023delta adjustment again today.
Trade active
11.21.2023removed last amount of upside risk.
Trade active
12.1.2023Added 0.05% risk into this trade (by removing 1 short strike) and creating a scenario where any market correction of greater than 4% (spx <4368) will net >15% return on entire account balance with one trade.
Note, there are several areas of imbalance under the current market at 4435, 4330, 4250. Any one of those areas are considered BISI's and should be paid attention to. Odds are slim they get revisited prior to years end, however, risking 0.05% to make >15% is a calculated risk that I will take 1,000 times in a row.
Happy trading all!
-kevin
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