I took some of the changes I made to the ES version and added to
the SPY, which I'll be using going forward, it also went long
today. The profit factor is very high on this one
On the new SPY RSI 40 position, I want to keep doing options, so
given the basic instructions to do a call a couple months out at
~64% delta, I took the SPY Mar 17 370 call. This was an entry
as of this morning when S&P was down about 25 points today, not
at the close last night. For any of you that have good
options experience, does that look like a good entry or would you
have taken something different? Also, do the same parameters
(couple months out) & delta's apply to on the short side?
Thanks in advance for any input!
got a much better entry on SPY this morning on that
pullback.
I would have sent out but I've been dealing with TS mess all
morning, was locked up, had to reboot, and then spend 20 min trying
to open these workspaces.
SPY RSI 40 long
Posted by matt on 30th of Dec 2022 at 12:12 am
I took some of the changes I made to the ES version and added to the SPY, which I'll be using going forward, it also went long today. The profit factor is very high on this one
On the new SPY RSI
Posted by blayden on 30th of Dec 2022 at 12:02 pm
On the new SPY RSI 40 position, I want to keep doing options, so given the basic instructions to do a call a couple months out at ~64% delta, I took the SPY Mar 17 370 call. This was an entry as of this morning when S&P was down about 25 points today, not at the close last night. For any of you that have good options experience, does that look like a good entry or would you have taken something different? Also, do the same parameters (couple months out) & delta's apply to on the short side? Thanks in advance for any input!
got a much better entry
Posted by matt on 30th of Dec 2022 at 10:21 am
got a much better entry on SPY this morning on that pullback.
I would have sent out but I've been dealing with TS mess all morning, was locked up, had to reboot, and then spend 20 min trying to open these workspaces.
Nice better price this morning.
Posted by retirefire on 30th of Dec 2022 at 08:32 am
Nice better price this morning. Holding some CAT puts should be green.