I have a big options spreadsheet that I'm working on for past
option trades history. I will share when I complete it
enough, it's a huge undertaking though, as looking up past option
data is very tedious and time intensive. And the only way I
have to do it is through Think Or Swim's Think Back settings that
has historical data. The results look very good, something
like 40 - 80% annual returns being very conservative on capital.
again it's gonna take me a while to flesh this out before I can
share it
also if you were to trade SPX options instead you get the 6040
futures tax benefit where 60% of your returns are taxed at long
term cap gains vs short term. I don't show SPX options because for
most of you they are quite expensive typically about 10 times
higher, but if one has the capital to do them they make more sense
over SPY options because of the tax benefits. For example where the
SPY options with a 90 delta might be trading at $35, the SPX
equivalent option might be trading at $350, so $3500 for one SPY
option vs $35000 for one SPX option.
Matt - Why do you
Any chance the SPY taking a second entry today
Posted by shecar on 14th of May 2019 at 01:29 pm
Matt - Why do you like the options vs ETFs on SPY system? What are the pros/cons?
mainly capital reasons less capital
Posted by matt on 14th of May 2019 at 02:09 pm
mainly capital reasons less capital for a higher % return.
I have a big options
Posted by matt on 14th of May 2019 at 03:12 pm
I have a big options spreadsheet that I'm working on for past option trades history. I will share when I complete it enough, it's a huge undertaking though, as looking up past option data is very tedious and time intensive. And the only way I have to do it is through Think Or Swim's Think Back settings that has historical data. The results look very good, something like 40 - 80% annual returns being very conservative on capital. again it's gonna take me a while to flesh this out before I can share it
also if you were to
Posted by matt on 14th of May 2019 at 02:14 pm
also if you were to trade SPX options instead you get the 6040 futures tax benefit where 60% of your returns are taxed at long term cap gains vs short term. I don't show SPX options because for most of you they are quite expensive typically about 10 times higher, but if one has the capital to do them they make more sense over SPY options because of the tax benefits. For example where the SPY options with a 90 delta might be trading at $35, the SPX equivalent option might be trading at $350, so $3500 for one SPY option vs $35000 for one SPX option.
ok makes sense, thank you.
Posted by shecar on 14th of May 2019 at 03:20 pm
ok makes sense, thank you.