Welcome to this week’s newsletter! In this edition, we’re excited to share the latest updates to our indicators, dive into an in-depth SPX market analysis, and explore an educational trade idea tailor
I think the newsletter is great. The combination of theory and practice.
I would have liked a hint on how you manage the two trades. Do you have a fixed take profit? When do you exit the trade if the trade goes against you?
I could read this newsletter every day, but I don't want to keep you from the development of the indicators.
A list of all the trades presented would certainly be exciting too. That creates trust when the results are positive. And motivates new interested parties to take an interest in options.
Excelente Boletín, gracias. Es la primera vez que lo leo y es el mejor de los que he visto. Enhorabuena por las herramietas para Tradingview, les he estado echando un primer vistazo y son lo mejor que he visto para operar opciones. Me suscribo a la versión pro.
For now, I wouldn't. All the short legs are still ATM, and they have theta value, so they are still contributing to the strategy. Different timeframes require different management approaches.
Current position status:
The combination's delta is still positive (1.24), meaning the strategy has directional exposure.
If the price moves higher: I would realize a small loss, roll the position up, or potentially transform it into a double formation.
If we stay at this price level or move slightly lower: that would be favorable for the strategy.
Timeframe and attention:
There are still 9 days left, so there’s time to decide.
It's important to monitor closely because if the price moves away from the short legs to the upside, action will definitely be required:
The profit curve could start to drop significantly, even if the simulation currently suggests otherwise.
For now, the plan is to wait and observe, but active management will be necessary at the right moment.
I think the newsletter is great. The combination of theory and practice.
I would have liked a hint on how you manage the two trades. Do you have a fixed take profit? When do you exit the trade if the trade goes against you?
I could read this newsletter every day, but I don't want to keep you from the development of the indicators.
A list of all the trades presented would certainly be exciting too. That creates trust when the results are positive. And motivates new interested parties to take an interest in options.
Thank you very much! I will try to publish as much as possible, especially next year.
Excelente Boletín, gracias. Es la primera vez que lo leo y es el mejor de los que he visto. Enhorabuena por las herramietas para Tradingview, les he estado echando un primer vistazo y son lo mejor que he visto para operar opciones. Me suscribo a la versión pro.
thank you
SPX TEST CASE [B] follow up 3 days after opening:
Screenshot: https://ibb.co/SrZpQkn
Optionstrat link: https://optionstrat.com/S0GSaqe6FadO
How would I handle this?
For now, I wouldn't. All the short legs are still ATM, and they have theta value, so they are still contributing to the strategy. Different timeframes require different management approaches.
Current position status:
The combination's delta is still positive (1.24), meaning the strategy has directional exposure.
If the price moves higher: I would realize a small loss, roll the position up, or potentially transform it into a double formation.
If we stay at this price level or move slightly lower: that would be favorable for the strategy.
Timeframe and attention:
There are still 9 days left, so there’s time to decide.
It's important to monitor closely because if the price moves away from the short legs to the upside, action will definitely be required:
The profit curve could start to drop significantly, even if the simulation currently suggests otherwise.
For now, the plan is to wait and observe, but active management will be necessary at the right moment.
TEST CASE [A] follow up:
12/02 - 4/7DTE educational example
12/04 - volatility comes, short legs reached
What can we do now?
For example remove risk and fix profit!
* 100%Diagonal close & 3 of 4 calendars scaling out
* We have a free lottery ticket with one call calendar and $465 floating profit
Link: https://optionstrat.com/SDptB1QCrCFg
Screenshot: https://ibb.co/wW969mN
Excellent newsletter, SPX analysis and trade case study. I am so glad to have found TanukiTrade and to have subscribed to your PRO version. Thank you.
Dear Maria, thank you, my pleasure