8.29.2023
inception price action
Non-directional trade.
This is the 21st trade in one account for this calendar year, with a market neutral, delta-neutral bias.
This trade utilizes the power of extrinsic time decay of options, and follows strict entry/exit/adjusting criteria. My approach is to remove the directional bias and opinion about the market, and just leverage the power of time decay.
The trade is managed via a "once a day" peek at the market, and will get automatically closed after 60 DIT (days in trade) regardless if target profit is achieved.
There are resting GTC (good til cancelled) orders on the server to attempt and target desired profit targets.
Anywhere in the "peak profit" zone is where maximum profits occur.
Happy Trading All!
-kevin
Trade attivo:
9.14.2023
adj1
profits secured, delta corrected
adj1
profits secured, delta corrected
Trade attivo:
9.20.2023
adj2
more profits secured
adj2
more profits secured
Trade attivo:
9.21.2023
adj3 - corrected DELTA
adj3 - corrected DELTA
Trade attivo:
9.25.2023
adj4 - realizing profits
adj4 - realizing profits
Trade chiuso manualmente:
10.25.2023
DIT approaching, closed manually.
DIT approaching, closed manually.