tag:blogger.com,1999:blog-5375291312433129989.post5768603503283920699..comments2023-06-03T05:06:58.216-04:00Comments on The Lazy Trader: Weekend Portfolio Analysis (August 30, 2015)Henrikhttp://www.blogger.com/profile/05792195649092816606noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-5375291312433129989.post-10070241794247657892015-09-03T12:01:15.902-04:002015-09-03T12:01:15.902-04:00Thanks for the reply LT. Your blog's transpare...Thanks for the reply LT. Your blog's transparency on trades has what keeps me coming back!<br /><br />As a personal investor, I struggle with capital allocation across various strategies. I'm also invested in a lot of "safe" dividend players with Questrade (though I think this may overweight CAD exposure to the overall portfolio), option selling strategies (mostly naked puts for me) and buy & hold passive Canadian couch. <br /><br />I'm looking to get rid of my buy and hold "Canadian Couch" and apply the rotational strategies but there just are not very good proxies for US ETF's traded here. Converting to USD I'm hesitant given the USD.CAD of 1.32. <br /><br />The trend following with OANDA is something I will look further into, seems you are making nice additional gains on that.<br /><br /><br /><br />xexxhttps://www.blogger.com/profile/10085707188913939778noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-54244520451766114042015-09-02T07:45:27.834-04:002015-09-02T07:45:27.834-04:00Hi,
The ETF Rotation system was a research that I...Hi,<br /><br />The ETF Rotation system was a research that I wanted to share for readers to have one more alternative investing method based on momentum strategies. I do not invest on an ETF Rotation system as of right now on any of my accounts basically due to lack of capitalization.<br /><br />Investing for dividends, Yes I do it, with a Canadian Broker (Questrade) with which I started an account back when I lived in Canada.<br /><br />Forex, yes I do it only automated using the LT Trend Sniper robot. It is a pure spot Forex broker called OANDA.<br /><br />Options trading yes, I do it, using TD bank and the ThinkOrSwim platform.<br /><br />To sum up, I do 3 out of the 4 things explained in the introductory guides. Each one of them on a separate account.<br /><br />Now, the reason why the site's content is mostly about options trading is because it is the activity that keeps me busiest. Forex is via a robot who makes 5 - 6 trades per year. Investing is very passive and long term. Options is what keeps me more active.<br /><br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-28321420052242603082015-09-01T22:01:19.411-04:002015-09-01T22:01:19.411-04:00LT
Bit off topic but came across your website and...LT<br /><br />Bit off topic but came across your website and noticed on the "start here" you do a lot of dividends, forex and etf rotations. Do you still do any of these, if so what is the account split? Or is your entire investment income based on trading SPX and RUT ICs? <br /><br />Thanks<br />xexxhttps://www.blogger.com/profile/10085707188913939778noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-45029361527468816232015-08-31T17:39:04.856-04:002015-08-31T17:39:04.856-04:00Thanks for sharing all your trades and current pos...Thanks for sharing all your trades and current positions folks.<br /><br />Martin, you ended up with a similar draw-down as the market. Around -12% so you are golden. That's exactly the same thing that most traditional passive investments and index followers suffered. You are still up for the year and far better than the general market. Good luck the rest of the year.<br /><br />LTThe Lazy Traderhttps://www.blogger.com/profile/08598866019359750526noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-33420115897350006772015-08-31T15:56:24.414-04:002015-08-31T15:56:24.414-04:00Excellent trading last week Martin. I am glad you ...Excellent trading last week Martin. I am glad you stuck to your disciplines. It shows great flexibility in your part to know when to close losing positions. Your new positions look great. I am still waiting for market to be overbought to iron condor some of my cps positions. Jonathanhttps://www.blogger.com/profile/14635010979050643513noreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-87487736899201298902015-08-31T15:42:12.811-04:002015-08-31T15:42:12.811-04:00LAST WEEK:
Ay, caramba! That's what I said to ...LAST WEEK:<br />Ay, caramba! That's what I said to myself when I saw SPX down over -100 pnts on Monday morning at the open. Obviously, I was in hurry to adjust all my positions some of which were way beoynd the point where I had planned to adjust them. With all the swing up and down (mostly down), there was no time to play with debit put spreads as I usually do. I switched into Karen mode and I rolled down credit put spreads whenever they got into trouble. And when the new spreads got into trouble again, I rolled them down once more.<br /><br />Here's what I did on Monday:<br />(1) At the open when the delta of my RUT Sep 1080 puts was around 40, I closed the entire RUT September position for a total loss of -$3543 (-22% loss on $16202 margin).<br /><br />(2) After closing the RUT September positin I rolled the money into October by selling to open 7x RUT Oct 910/930 credit put spreads for 1.65 (received $1155 credit with $12845 margin).<br /><br />(3) I adjusted SPX October position by rolling all 7x SPX Oct 1690/1710 down to 9x SPX Oct 1580/1600 cps. If all options finish OTM at expiration, this position will result in a loss of -$538 (-3% on -$18537 margin).<br /><br />(4) I adjusted RUT October position by rolling 7x RUT Oct 1010/1030 cps down to 9x RUT Oct 920/940 cps. If all options finish OTM at expiration, this position will result in a BE trade.<br /><br />(5) In the afternoon with SPX still falling, I closed the entire SPX September position for a loss of -$1941 (-17% on $11586 margin).<br /><br />(6) After closing the SPX September position I rolled the money into October by selling to open 6x SPX Oct 1530/1550 cps at 1.55 (received $930 credit with $11070 margin).<br /><br />On Friday, when RUT (@1160) retraced 50% of the recent move between 1220 and 1100, I decided to open some credit call spreads. I sold to open 4x RUT Oct 1250/1270 ccs at 1.65 (received $660 credit).<br /><br /><br />With all September positions closed, let's look at the PnL for this month. SPX September position was closed for a loss of -$3543; RUT September position was closed a loss of -$1941. So the account is down -$5484 which represents -12% loss in September. Because of this losing month, the YTD profit dropped from +22% to +10%.<br /><br /><br />OPEN POSITIONS:<br />9x SPX Oct 1580/1600 cps + 5x SPX Oct 2200/2220 ccs<br />6x SPX Oct 1530/1550 cps<br />9x RUT Oct 920/940 cps + 4x RUT Oct 1250/1270 ccs<br />7x RUT Oct 910/930 cps<br /><br /><br />NEXT WEEK:<br />I am planning to adjust the SPX October positions if SPX falls to 1780 or if it reaches 2130. The RUT October positions are safe with RUT between 1050 and 1180.<br /><br /><br />Good trading,<br />MartinMartinnoreply@blogger.comtag:blogger.com,1999:blog-5375291312433129989.post-72791719264913120042015-08-30T19:53:49.146-04:002015-08-30T19:53:49.146-04:00Good article. I think a lot of new credit spread s...Good article. I think a lot of new credit spread sellers got a wake up call last week when they saw their accounts going down. Last Monday was busy for me as I was defending positions when it hit a delta of 25 or more. I ended up closing most of my cps positions for small losses. I was also able to deploy some new cps positions a few hundred points lower. Market corrections feels scary but I prefer defending a cps than a ccs position due to VIX skyrocketing higher allowing my new adjusted position to be much lower. <br /><br />Current Positions:<br /><br />RUT September 30th 1000/990 cps - currently profitable<br />SPX October 30th 1650/1640 cps - currently profitable<br />SPX November 30th 1550/1525 cps - currently profitable<br />SPX December 31st 1600/1575/2275/2300 iron condor - ccs is profitable but cps is showing a tiny loss of $15<br />RUT September 30th 1070/1060 debit put spread<br />SPX September 30th 1850/1840 debit put spreadJonathanhttps://www.blogger.com/profile/14635010979050643513noreply@blogger.com