Forum Replies Created
-
AuthorPosts
-
IncomeLab (Old)ParticipantIncomeLab (Old)ParticipantIncomeLab (Old)Participant
Closing this trade at 51% of max profit in 14 DIT.
Original credit: 1.75
Margin: 8.25
ROR: 10.90%Credit to open: $1.75
Debit to close: .85c
Profit: .90c
(90/175)*100=51.42%My cheatsheet on position management:
30 DTE % of Max Profit Avg Trading Days Held 10% 2 20% 5 30% 8 40% 10 50% 13 60% 16 70% 18 80% 21 90% 23 100% Expiration 45 DTE % of Max Profit Avg Trading Days Held 10% 3 20% 6 30% 10 40% 15 50% 19 60% 24 70% 28 80% 32 90% 35 100% Expiration 60 DTE % of Max Profit Avg Trading Days Held 10% 5 20% 10 30% 15 40% 20 50% 25 60% 30 70% 34 80% 40 90% 44 100% Expiration IncomeLab (Old)ParticipantIncomeLab (Old)ParticipantI might do a greedy pig roll here with SPX around 2057 and my bull put spread is 300 pts under the market:
1. Close original bull put spread for .10c debit
2. Open a new bull put spread closer to market for additional credit (will help to pay for the earlier adjustment, see above)BOT +10 VERTICAL SPX 100 FEB 15 1750/1740 PUT @.10
IncomeLab (Old)ParticipantI took off this Iron Condor with 29% of credit in 4 days in the trade and I will look to re-enter.
BOT +1 IRON CONDOR RUT 100 FEB 15 1280/1290/1050/1040 CALL/PUT @1.30 CBOE
Optimal Management cheat sheet: https://docs.google.com/spreadsheets/d/1gGyg_JuCF94Bmo7O8nGsxsUzPEUw3PT2Tjj1i4leQZQ/edit#gid=0
IncomeLab (Old)ParticipantIncomeLab (Old)ParticipantIncomeLab (Old)ParticipantI closed DEC5 2130/2150 bear calls for .10 debit
BUY +5 VERTICAL SPX 100 (Quarterlys) DEC5 14 2130/2150 CALL @.10 LMT
Holding 1940/1920 bull puts with 16 DTE
IncomeLab (Old)Participant -
AuthorPosts