Sunday, June 18, 2017

Bumping along the top!

Well, the S&P 500 didn't go down, but it has started just bumping along the top:


This is ideal for our neutral trade, except for volatility being so low. But this pattern allows us to swing back to a profit on the futures trade, just selling a put every week for another $300 or $400 (at this volatility level) ...

Result charts are like this:

The neutral trade:

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 Won+11.1%only 14 days!
04/17/2017SPY Won+6.7%
04/25/2017SPY Won+8.9%
05/01/2017SPYLost-5.0%
05/08/2017SPYWon+5.0%
05/15/2017SPYWon+6.1%
05/22/2017SPYWon+2.0%
05/30/2017SPYOpen
06/5/2017SPYOpen
06/12/2017SPYOpen

The short /ES futures trade:

Trade DateWhatQtyCredit ReceivedNet Liq Change Since Start
04/25/2017/ES Put-1$362.50$0
05/03/2017/ES Put-1$487.50+$70.00
05/12/2017/ES Put-1$337.50+$1250.00
05/17/2017/ES Put-1$500.00+$1250.00
05/26/2017/ES Put-1$262.50-$100.00
06/02/2017/ES Put-1$325.00-$312.50
06/09/2017/ES Put-1$450.00+$150.00
06/15/2017/ES Put-1$325.00+$350.00
Another neutral trade is going on tomorrow morning ...

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