I discussed this on the Zoom meeting a few minutes ago but FYI
the SPY Breakout sub system looks like it's probably going to take
a long entry at the close. Again there hasn't been many
trades in those systems, the ES version did a breakout trade a
couple weeks ago but was a small winner. Again at this stage
I'm more excited about the new KISS stuff over these reversion to
mean breakout systems and other systems that are based on
historical stats, which got out of whack this year. However since I
haven't formally pulled the SPY systems down I'm going to post
it.
the trade would be for $10K SPY ETF at the close. The call
option would be Oct 16th 323 - 318 strike price (I haven't decided
on that so will wait for the close)
Can you please clarify which contact is valid? Here you
mention Oct 16th 323 - 318 strike price (not sure what the final
strike is). In the linked spreadsheet you mention contract
expiring on 8/22 (which doesn't exist) with a 321 strike.
SPY system Breakout Trade - click for details
Posted by matt on 5th of Aug 2020 at 03:20 pm
I discussed this on the Zoom meeting a few minutes ago but FYI the SPY Breakout sub system looks like it's probably going to take a long entry at the close. Again there hasn't been many trades in those systems, the ES version did a breakout trade a couple weeks ago but was a small winner. Again at this stage I'm more excited about the new KISS stuff over these reversion to mean breakout systems and other systems that are based on historical stats, which got out of whack this year. However since I haven't formally pulled the SPY systems down I'm going to post it.
the trade would be for $10K SPY ETF at the close. The call option would be Oct 16th 323 - 318 strike price (I haven't decided on that so will wait for the close)
The expiration date in the
Posted by jackbnimble on 6th of Aug 2020 at 08:01 pm
The expiration date in the systems spreadsheet reads 8/22/2020. But its no big deal I don't think anyone should be confused.
thx for spotted, I corrected
Posted by matt on 6th of Aug 2020 at 10:55 pm
thx for spotted, I corrected it
Can you please clarify which
Posted by patellee on 6th of Aug 2020 at 10:43 am
Can you please clarify which contact is valid? Here you mention Oct 16th 323 - 318 strike price (not sure what the final strike is). In the linked spreadsheet you mention contract expiring on 8/22 (which doesn't exist) with a 321 strike.
Thanks for the heads-up. Please
Posted by mundy on 5th of Aug 2020 at 03:40 pm
Thanks for the heads-up. Please send out an e-mail as well.