THETA MACHINE UPDATE
No New Trades Today
I want VIX and IV to go higher so we can collect extra premium...if not tomorrow, by Friday I will increase the cost basis to +500, and Theta will be around $150/day.
Overall POP = 84%
POP = Probability of Profit
*Next Week volatility can spike as we will have CPI (Dec 12) and FED (Dec 13).
With that said, I will probably hedge with Micro Futures.
*Quick TIP if you want to hedge your portfolio>
+50 Delta = 1 /MES (Micro)
+500 Delta = 1 /ES (Mini)
My Delta Beta Weight now is around 100, so In order to hedge I need to Sell 2 Micro Futures (2x /MES)
No New Trades Today
I want VIX and IV to go higher so we can collect extra premium...if not tomorrow, by Friday I will increase the cost basis to +500, and Theta will be around $150/day.
Overall POP = 84%
POP = Probability of Profit
*Next Week volatility can spike as we will have CPI (Dec 12) and FED (Dec 13).
With that said, I will probably hedge with Micro Futures.
*Quick TIP if you want to hedge your portfolio>
+50 Delta = 1 /MES (Micro)
+500 Delta = 1 /ES (Mini)
My Delta Beta Weight now is around 100, so In order to hedge I need to Sell 2 Micro Futures (2x /MES)
Options & Futures Trader
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Options & Futures Trader
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.