@Ignatz While going through your webinar, it appears that there is not much trading during the summer months. During these 3 months, are you planning on keeping the planned capital in cash or money market accounts or in the SPY ? I have never seen this seasonality being used in any other options trading system, except for some agricultural futures trading, have you back tested to see the opportunity cost of not being in the market for 3 months ? What would your portfolio return be if you were invested during the summer months ?
new schwalbe
- Thread starter Ignatz
- Start date
why do you think they did not work in the summer, and will this continue to be like this in the future ? is there a reason behind it ?
Last edited:
Update: i made some final tests.
i will run only 2 NOT overlapping systems (TOM and FR2-3).
reason: adding 3rd system VolTreMon will double the planned capital but not better diversification etc.
Planned capital is now: for selling a 1 % vertical on SPX, max 5 k minus the premium you get.
Trading SPX, NOT Emini because there may be spikes during news before market opens which may trigger stops
usually 2 trades per month except summer, 16 per year.
max tradeduration < = 8 trading days
i will run only 2 NOT overlapping systems (TOM and FR2-3).
reason: adding 3rd system VolTreMon will double the planned capital but not better diversification etc.
Planned capital is now: for selling a 1 % vertical on SPX, max 5 k minus the premium you get.
Trading SPX, NOT Emini because there may be spikes during news before market opens which may trigger stops
usually 2 trades per month except summer, 16 per year.
max tradeduration < = 8 trading days
I have some questions about the TOM instruction sheet from the video to make sure I understand the trade
It says the trade is for 8 trading days Does that mean the the chosen expiration is on the 8th day or not necessarily ? I did not see an option expiration mentioned
About the Stop on close end of day at -3.5% Isn't the trade already in a loss at the lower bought put at -2.5% ?
If you already planing to close at -3.55 why wait to be at -5% to close it ?
It says the trade is for 8 trading days Does that mean the the chosen expiration is on the 8th day or not necessarily ? I did not see an option expiration mentioned
About the Stop on close end of day at -3.5% Isn't the trade already in a loss at the lower bought put at -2.5% ?
If you already planing to close at -3.55 why wait to be at -5% to close it ?
updated final version TOM-FR underlying instead of using SPX as source.
Out of Sample area since middle of 2022 (on top).
Based on this system, Verticals will be sold.
Less drawdown, less trades, much less margin, less trade duration, less risk, less adjustments, no overlapping (except sometimes in Dec)
better performance, better RRR, much easier to handle
Out of Sample area since middle of 2022 (on top).
Based on this system, Verticals will be sold.
Less drawdown, less trades, much less margin, less trade duration, less risk, less adjustments, no overlapping (except sometimes in Dec)
better performance, better RRR, much easier to handle
Hi Igi,
When is the "meeting on Monday"? Is it today?
I can´t see in the calendar.
I am interesting in the new Schwalbe.
Thanks Igi.
One other question I have is the stop on close EOD at -2% / -3.5%. It sounds like this is a type of conditional order, but when I am looking at the conditional order options in Think Or Swim, I do not see an option to specify EOD or the last 15 minutes of the day. It looks like the only conditional order I can place for an option is using price or a specific date.
There is a MOC (market-on-close) order type in TOS, however you can't use conditions for this order which would specify the price of -2% / -3.5%. Any suggestions would be appreciated.
. closed two days earlier. 95% of max profit realized.