Weekend Portfolio Analysis (October 28, 2017)

This week's analysis has been published at LTOptions.com

Download Weekend Portfolio Analysis (2017-10-28).pdf

If the above link doesn't work for you, simply log in to LTOptions.com, navigate to the "Weekly Analysis" tab and download the document from there.

The Weekend Portfolio Analysis will be available on this site next week for historical reference.

All currently open positions can be seen on the Track Record page


Last Weekend Analysis now publicly available: Weekend Portfolio Analysis (October 21, 2017) 

Recent Trading Activity

- No Activity. Despite the small price decline, we almost reached an oversold condition, which would have triggered a December RUT Credit Put spread. The McClellan oscillator reached oversold territory on Wednesday and the Stochastics indicator was almost there. However, the % of stocks trading above their 20-day Moving Average remained in the 40's. Seems like a lost opportunity in retrospective but time has taught me to follow the rules and be disciplined.

Weekend Portfolio (October 21, 2017)

This week's analysis has been published at LTOptions.com

Download Weekend Portfolio Analysis (2017-10-21).pdf

If the above link doesn't work for you, simply log in to LTOptions.com, navigate to the "Weekly Analysis" tab and download the document from there.

The Weekend Portfolio Analysis will be available on this site next week for historical reference.

All currently open positions can be seen on the Track Record page


Last Weekend Analysis now publicly available: Weekend Portfolio Analysis (October 14, 2017) 

Recent Trading Activity

- Initiated an December SPX Unbalanced Iron Condor position on Thursday for $1,500 credit.

- Put side of October RUT Elephant expired for max on Friday. A $1,100 gain.

- Put side of October SPX Unbalanced Iron Condor expired for max on Friday. A $952 gain.

December SPX Unbalanced Iron Condor

Trade Details:

20 December SPX 2400/2390 Credit Put spreads  @0.50 Credit ($1000)
10 December SPX 2635/2640 Credit Call spreads @0.50 Credit ($500)

Net Credit: $1,500
Days to Expiration: 57

Weekend Portfolio Analysis (October 14, 2017)

This week's analysis has been published at LTOptions.com

Download Weekend Portfolio Analysis (2017-10-14).pdf

If the above link doesn't work for you, simply log in to LTOptions.com, navigate to the "Weekly Analysis" tab and download the document from there.

The Weekend Portfolio Analysis will be available on this site next week for historical reference.

All currently open positions can be seen on the Track Record page


Last Weekend Analysis now publicly available: Weekend Portfolio Analysis (October 8, 2017) 

Recent Trading Activity

- Closed November SPX 2575/2585 Call side of Unbalanced Iron Condor on Tuesday. A $1,125 loss.

Some House Cleaning

When I started to track the results of Option trades on this site, I did so by reflecting each position according to their Expiration cycle, not based on when the position was closed.

Weekend Portfolio Analysis (October 8, 2017)

This week's analysis has been published at LTOptions.com

Download Weekend Portfolio Analysis (2017-10-8).pdf

If the above link doesn't work for you, simply log in to LTOptions.com, navigate to the "Weekly Analysis" tab and download the document from there.

The Weekend Portfolio Analysis will be available on this site next week for historical reference.

All currently open positions can be seen on the Track Record page


Last Weekend Analysis now publicly available: Weekend Portfolio Analysis (September 30, 2017) 

Recent Trading Activity

- Initiated a November RUT Unbalanced Iron Condor position on Tuesday for a net credit of $1,555. As explained in the previous weekend analysis, under the current circumstances, the Unbalanced IC seemed more advantageous than the typical Elephant I usually deploy as the second income position of a month.

- Initiated a small November SPX 2425/2420 Credit Put spread on Thursday. New credit collected of $250. The idea is to mitigate potential losses on the Call side of the November SPX Unbalanced Iron Condor.

Last week I also mentioned the possibility of adding either an October RUT or SPX Credit Call spread to complete Unbalanced Iron Condor with existing October Put spreads but the credits were terrible and not at all attractive. The markets did not reach an overbought extreme either, which decreased my confidence in deploying such spreads.

November RUT Unbalanced Iron Condor

As explained over the weekend, going with an Unbalanced Iron Condor instead of an Unbalanced Elephant this time with RUT

Trade Details:

20 November RUT 1390/1380 Credit Put spreads  0.53 Credit ($1060)
5   November RUT 1580/1590 Credit Call spreads 0.99 Credit ($495)

Net Credit: $1,555
Days to Expiration: 44

Options Trading Monthly Digest (September, 2017)

Time to reflect Options trading results for the month of September. This update includes positions that were closed throughout the month and the Year To Date balances of each Options Trading Strategy.

Hopefully these monthly updates will provide readers with confidence and serve as an authentic guide of what can be achieved with a realistic and sustainable approach to the business of Selling Options.