What it’s about: The video below goes through a naked put trade in $GLD and then moves to the $IWM butterfly. The December IWM Put Butterfly is within two weeks of expiration and the Gamma, Delta combination is getting a little risky for my taste. I take a look at two expiration week adjustments that […]
Quick Overview: As I mentioned in the Weekend Market Commentary, I’m looking for a naked put to sell in Gold ($GLD). My personal opinion is that Gold looks fairly neutral with a good amount of non-directional volatility. The Parabolic SAR for the pTheta system was hit last week and price has fallen a bit from that […]
Some background: Let’s face it, technology has made it possible to access a wide range of tools for developing, backtesting, and optimizing systems. However, a simple (but powerful) tool like excel is a great way to validate a trading system. In this example we’re going to be keeping things really simple and backtesting a monthly […]
What is investing anyway? I haven’t spoken much about investing on the blog and, honestly, there’s a good reason. I’m not a very active “investor” and I have a tendency to get bored with the whole concept of investing. That being said, investing is an area that I’ve really wanted to understand better and also […]
Disclaimer: This is not a recommendation to take a trade and is being provided for educational and informational purposes only. See the full disclaimer. Video: The S&P 500 has been grinding higher this week and made it up to new all time highs. The ATRts remains in a long state, but the market is now extended […]
Disclaimer: This is not a recommendation to take a trade and is being provided for educational and informational purposes only. See the full disclaimer. Video: We’ve been seeing a little bit of intraday volatility in the markets recently and my feeling is that there is some institutional selling taking place. The Weekly Theta system still has […]