Jeff 11:05 am on Friday, January 4, 2019
Tags: SPX1dte ( 1,714 ), SPYcraft ( 95 )

SPX Feb condor

#SPX1dte Sold $SPX Feb 2250/2270-2730/2750 condors for 3.00. Will close at or near 50%, or 1.50.

hcgdavis 4:05 pm on Friday, January 4, 2019

I am starting to bring back #spycraft. If there is still time left in the trade will back ratio once the short strike is breached. If not will close or roll but either way will be fully mechanical with these trades. They win 8:10 times but the times they don’t they take out all the profits. In reviewing my own trades, had I ratiod them at a breach of the short strike almost all of them would have been winners. If not,then at least the damage is contained and much less than max loss.