intra day update - looks like the SPY systems are probably not
going to trigger a trade today, I'll let you know if that changes,
but from the image here you can see that the trade indicator for
the Trend/Pullback is not showing a trade trigger
The ES version however still shows the trade and so looks like
it will be taking the trade on the close of the ES bar, which
officially is 1hr later than the cash SPY, at 5 pm EST vs 4 pm
I won't officially count the trade for the website but showing
for informational purposes, I'll post updates on it so we can see
how it does
if it was the SPY system triggering, what I generally buy for
options is 2months out, and a 0.6 delta, so currently that would be
way Feb 18th 444 SPY call option
Systems ES and SPY
Posted by matt on 20th of Dec 2021 at 02:11 pm
intra day update - looks like the SPY systems are probably not going to trigger a trade today, I'll let you know if that changes, but from the image here you can see that the trade indicator for the Trend/Pullback is not showing a trade trigger
The ES version however still shows the trade and so looks like it will be taking the trade on the close of the ES bar, which officially is 1hr later than the cash SPY, at 5 pm EST vs 4 pm
I won't officially count the trade for the website but showing for informational purposes, I'll post updates on it so we can see how it does
if it was the SPY
Posted by matt on 20th of Dec 2021 at 02:15 pm
if it was the SPY system triggering, what I generally buy for options is 2months out, and a 0.6 delta, so currently that would be way Feb 18th 444 SPY call option
I trade the ES, so
Posted by focus175 on 20th of Dec 2021 at 02:19 pm
I trade the ES, so definitely appreciate you posting when the ES takes a trade. Thanks Matt!
Yes I do too, Matt.
Posted by mundy on 20th of Dec 2021 at 03:21 pm
Yes I do too, Matt. Please post both.
If someone had time later
Posted by retirefire on 20th of Dec 2021 at 02:18 pm
If someone had time later ... how is Delta calculated?