1dte ES

STO ES 1/14 2565 – (10 points) Put Vertical Spread/Binary
STO ES 1/14 2615 + (10 points) Call Vertical Spread/Binary
1.95+ combined credit

NQ Entry

STO NQ 1/11 6510-10 Put Spread/Binary
STO NQ 1/11 6720+10 Call Spread/Binary
2.00 Credit
Exit Stop Limit Loss: 3x credit per side
ie, 1.00 for spread, the stop limit is 2.95/3.00 GTC

2dte SPX

Filled yesterday:

STO ES 1/11 2535-10 Put Spread/Binary
STO ES 1/11 2630+10 Call Spread/Binary
2.10 credit
gtc stops at 3.10 per side set.
I stopped posting until the model went back to live capital by going into the black.  A loss will take it back into sim, a win will add contracts with fixed ratio sizing.  Model is about even since real time testing started mid november, but just traded out of a 30% drawdown, which took a +50% improvement to accomplish.

SPX Credit Spread

STO 2/28 2140×2120

BTO 2/28 1200p

1.3 credit.

SPX IC Entry

Sold on 12/13 2.35 credit

Iron Condor Entry:

STO SPX 1/25/19 2370 Puts

BTO SPX 1/25/19 2350 Puts

STO SPX 1/25/19 2870 Calls

BTO SPX 1/25/19 2890 Calls

best possible Credit

 

Exit:

3x put spread credit stop GTC

3x call spread credit stop GTC

 

#spx 12/17 IC/IF Risk $50 for $100

IV is up with the Fed meeting on Wed.
Next Expiration ES Vertical/Binary Signals
Entry:
Sell ES Closest Expiration 2485×2475 Put Spread/Binary
Sell ES Closest Expiration 2630×2640 Call Spread/Binary
Price: 1.90+ combined credit, 2.00+ is preferred
Exit Stop Limit Loss GTC Resting Order: 3x credit per side
ie, 1.00 for spread, the stop is 3.00
_______________________________________________________________________
Next Expiration SPX Iron Butterfly Signals
Entry:
Sell SPX Closest Expiration 2460x2560x2660 Iron Butterfly
Price: Max Credit Possible for Iron Fly
Exit Stop Limit Loss GTC Resting Order: Credit for Iron Fly x1.5
ie, if the iron fly credit is 30, the GTS stop limit debit would be 45 points.

12/14 spx trades

meant to post these on friday, will try to post wednesday’s trade plan today.

Next Expiration ES Vertical/Binary Signals
Entry:
Sell ES Closest Expiration 2555×2545 Put Spread/Binary
Sell ES Closest Expiration 2650×2660 Call Spread/Binary
Price: 1.90+ combined credit, 2.00+ is preferred
Exit Stop Limit Loss GTC Resting Order: 3x credit per side
ie, 1.00 for spread, the stop is 3.00
_______________________________________________________________________
Next Expiration SPX Iron Butterfly Signals
Entry:
Sell SPX Closest Expiration 2500x2600x2700 Iron Butterfly
Price: Max Credit Possible for Iron Fly
Exit Stop Limit Loss GTC Resting Order: Credit for Iron Fly x1.5
ie, if the iron fly credit is 30, the GTS stop limit debit would be 45 points.

Researching an Idea

Hi gang, I thought some of you might be interested in a method I am testing.  ‘Have a friend who took his TOS sim account from $100k to $1.3 million in a couple months using this idea the last few months.  If you are like me you don’t trust sim prices, but eventually i had to look into it.  One week of trading real time in sim, and adding significant friction to overcome the sim pricing and the results are encouraging, +35% in my first week.  We will begin live trading this Friday.

The model is simple and uses spx/es next expiration options.

model: sell the atm iron fly, set stops for each vertical spread at 1.3x the vertical spread credit.

once a stop takes place: lower the stop for the other side to break even, look for a cross of the short term ma on 1 min bars and set up another iron fly, set stops at 1.3x again.

rinse and repeat, once the 4th iron fly is established, take profits on the leg remaining from the first iron fly.  Keep taking profits as iron flys are established.

this is a ton of work, but it made 12 spx points today after slippage and commission, with 33 trades.

 

#s

IC for Monday

Entry:
Sell ES 12/3 2810×2820 Call Binary/Spread 1.00+ Credit
Sell ES 12/3 2675×2665 Put Binary/Spread 1.00+ Credit
Exit Stop Limit Loss: 3x credit per side

Anyone see Kiyosaki is getting into the options education business?

https://pro.agorafinancial.com/p/kwc_weeklycashflowsummit_1118/EKWCUB59/?a=13&o=98986&s=117946&u=8869615&l=1731639&r=MC2&vid=Zok-z8&g=0&h=true