Posted by DigiNomad on 2nd of Aug 2022 at 09:26 am
Matt, I probably would have picked different strikes and
expiration if I knew it was going to be such a short trade, but I
still managed to pull about 9% ROC out of it.
The short strike is 16 delta, which is a little bit more than
1 standard deviation....so it's just outside the expected move for
the time period in question (45 days, in this case).
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Thanks for the heads up.
SPY and ES systems
Posted by DigiNomad on 1st of Aug 2022 at 11:16 pm
Thanks for the heads up. Just took some SPX short call spreads off the board (the ones I had allocated to this system trade).
Can I ask what options
Posted by matt on 2nd of Aug 2022 at 02:07 am
Can I ask what options and strike prices you did for those short call spreads? Thanks
Matt, I probably would have
Posted by DigiNomad on 2nd of Aug 2022 at 09:26 am
Matt, I probably would have picked different strikes and expiration if I knew it was going to be such a short trade, but I still managed to pull about 9% ROC out of it.
The short strike is 16 delta, which is a little bit more than 1 standard deviation....so it's just outside the expected move for the time period in question (45 days, in this case).