Big Picture: Happy New Year and thanks for reading the weekly recap. This week was fairly quiet with the exception of Gold, which was up 2% on the week. Stocks saw a little bit of a pullback and Bonds are sitting essentially unchanged. I had some trades triggered in the Donchian Channel system and that […]
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 […]
Overview: Happy New Year! If you follow me on Twitter, you know that yesterday I sold a March 14 Iron Condor with 80ish days to expiration. I like to have some non-directional options trades on because they complement a Trend Following approach to options trading. I will note that I am not the most bad […]
Big Picture: Happy Holidays and thanks for reading the weekly recap. As expected, we had a fairly quiet week with the Christmas holiday. Stocks generally pushed higher while Gold and Bonds moved lower. I’m including some commentary on a shorter timeframe for the Russell 2000 and Gold below (65 minute bars). Let me know if […]
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 […]
Big Picture: The big news event of the week was the Fed announcement to do whatever it is that the Fed does. Create inflation so they have something to lie about? Going into the FOMC announcement stocks looked weak and gold looked like it wanted to firm up, but the exact opposite was the outcome. […]