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.

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