When taking short spy system trades I'm curious does anyone
short SPY? I either buy puts or the inverse etf's for spy system
shorts, but I'm curious if anyone actually shorts SPY on the system
trades?
Posted by kevindeng0727 on 7th of May 2022 at 10:22 pm
I directly short EFTs (SPY & QQQs). I don't need to worry
about short term vs long term capital gains so that could be one of
the reasons for the difference
Posted by kevindeng0727 on 7th of May 2022 at 11:55 pm
I haven't checked it since I only hold short positions for a few
days at maximum- technically you should pay the interest for
shorting a position. Better to check with the broker I guess.
I sell MESM22 (ES macro futures) when a short signal is given. I
also buy both SPY and especially now QQQ puts. The only time I ever
sell premium is when the market makes a very clear and definite
low. This is for the purpose of scoring the time and volatility
which is often quite large.
Frankly though, I make the most money on the options.
Until end of January 2018 I used to get the best results with
ES mini contracts but I now only use the ES macros.
When taking short spy system
Posted by focus175 on 6th of May 2022 at 07:16 pm
When taking short spy system trades I'm curious does anyone short SPY? I either buy puts or the inverse etf's for spy system shorts, but I'm curious if anyone actually shorts SPY on the system trades?
I directly short EFTs (SPY
Posted by kevindeng0727 on 7th of May 2022 at 10:22 pm
I directly short EFTs (SPY & QQQs). I don't need to worry about short term vs long term capital gains so that could be one of the reasons for the difference
Kevin, do you pay interest
Posted by focus175 on 7th of May 2022 at 11:38 pm
Kevin, do you pay interest or a financing fee when short selling SPY or QQQ?
I haven't checked it since
Posted by kevindeng0727 on 7th of May 2022 at 11:55 pm
I haven't checked it since I only hold short positions for a few days at maximum- technically you should pay the interest for shorting a position. Better to check with the broker I guess.
I sell MESM22 (ES macro
Posted by mundy on 7th of May 2022 at 08:53 pm
I sell MESM22 (ES macro futures) when a short signal is given. I also buy both SPY and especially now QQQ puts. The only time I ever sell premium is when the market makes a very clear and definite low. This is for the purpose of scoring the time and volatility which is often quite large.
Frankly though, I make the most money on the options. Until end of January 2018 I used to get the best results with ES mini contracts but I now only use the ES macros.
I short the SPY /
Posted by marcoman on 7th of May 2022 at 06:09 am
I short the SPY / subsystems with the micro future MES.