Monday, May 1, 2017

First week of short /ES: results

The S&P futures market has gone back to trading in a tight range:




This is one of the modes that pay handsomely for short /ES futures (with the addition of short puts).
A few minutes ago, the results were like this:

Down $75 on the futures contract itself (i.e. 1.5 points in the wrong direction), but up $255 on the expiring put, now worth only $100 after we sold it for $362.50 last week. So net we're up $180 on the trade at the moment.

I also put on another of the neutral trades this morning so the results are now:

Trade DateSymbolResultProfit/LossComment
02/06/2017SPY Lost-18%
02/13/2017SPY Lost-16%
02/21/2017SPY Won+15.4%
02/27/2017SPY Won+17%
03/06/2017SPY Won+15.3%
03/13/2017SPY Won+12.9%
03/20/2017TLT Lost-1.4%Dumb!
03/27/2017SPY Won+9.6%
04/03/2017SPY Won+6.6%18 days long
04/10/2017SPY Open+11.1%only 14 days!
04/17/2017SPY Open
04/25/2017SPY Open
05/01/2071SPYOpen

The /ES profit is currently $180, as mentioned above.

I'll post again when there's something to report ...

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