Sunday, July 22, 2018

Wrong data but good results

I misremembered the S&P 500 high price, thinking it was 2807 or so ... my colleague reminded me that it was actually 2872 last January in that last spasm before the little correction in early Feburary:


But assuming that there was strong "resistance" starting with 2800 worked well this week:


The peak close was 2815, which was short of the 2820 strike where I had a short call placed.

Also, the Fabulous NDX trade was available again this week, and that worked for almost $600 per contract profit (2 contracts on the $20K account I was trading on this yielded almost $1200).

My previous publication of Monte Carlo results has me feeling a little sheepish after last week's goof, so once again I'm just working on 100 trades on this system and keeping close track and will extrapolate from there. Here are the first 5 in detail:










































ExpirationUnderlyingLong putShort putShort callLong callCredit ReceivedResult
07/16/2018/SPX2680273028102860$3.60Won 100%
07/18/2018/SPX2700275028202870$3.95Won 100%
07/20/2018/SPX2700275028352885$2.40Won 100%
07/20/2018 (a.m.)/NDX7260731074107460$5.99Won 100%
07/25/2018/SPX2705275528352885$2.40(still open)

More next week ...

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