nice! thx for the post.  some things to model: as I said generally mode 2 - 2 1/2 months out even though the average trade is only about 17 days. And I tend to use options at a 0.90 - 0.85 delta for 1st entries, 0.8 for 2nd entries, and 0.7 - 0.6 delta for 3rd entries.  I think personally going out to a 0.90 delta is too deep for the high probability systems since they are very high probable already.  For the original system that had more draw down the 0.90 delta options made more sense, so I'm thinking the first entries might be better to go 0.8 delta.  I've also been told that going out 2 plus months is too far, I should only go out 1 month, but I'm not sure about that.  anyway if you have thoughts on that or could model some things I'd really appreciate it.

    SPY

    Posted by sonofrebel on 28th of Jun 2019 at 08:24 am
    Title: SPY

    I posted a detailed follow

    Posted by sonofrebel on 28th of Jun 2019 at 09:10 am

    I posted a detailed follow up here with screen shots but seems tohave disapeared?  If so, can repost later - if it re-appears, it would be nice

    Thanks for you post -

    Posted by steve on 28th of Jun 2019 at 09:17 am

    Thanks for you post - just click on the "Title:SPY" to expand your post.  Since it was so detailed and long it was condensed.

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