Overview: The video below is intended to help explain the pTheta system. the pTheta system is a longer term short options trend following system that sells naked options in the direction of the trend. Trade Analysis: In the video I take a look at a potential trade in the Russell 2000 ($IWM). I currently have […]
Happy Holidays everyone. Yesterday, Christmas eve, was a short session for the markets, but I was filled on a Donchian Channel breakout trade. The details for the trade are below. I also wanted to mention that two of the results pages are up and you can find them through the Capital Allocation choice in the […]
General Idea: A little while ago I mentioned that I was working on and testing a longer term options trend following system called pTheta. Essentially, I wanted to take a step back from the daily market noise and create a simple solution for selling naked options. The pTheta system trades from a weekly chart and […]
Overview: First, I’d like to thank everyone for the great feedback on my Weekly Market Recap, it was extremely helpful. We’re moving into 2014 soon and it’s a good time to put together a big picture look at how I see 2014 playing out. Since launching Theta Trend, I’ve introduced several systems including: Top Performing […]
Update – Sold the March 2014 139 Call described below for .53 What I’m Thinking: Does anyone remember the Naked Options post about the Russell 2000 (IWM)? Specifically, I was looking at selling options based on the technicals of a weekly chart using a Parabolic SAR to determine trend direction. I’ve been doing some initial […]
Overview: This short video goes over the mechanics of trading the Theta Breakout system. Essentially the system sells out of the money naked options or credit spreads following a Donchian Channel breakout. The Theta Breakout system uses a 50 day breakout with a 3.5 x average true range trailing stop to manage risk. In this […]