MattDeLong

Naked Put - Growth Indicator

DISCLAIMER: Do NOT follow this strategy unless you are aware of the risks of selling naked options.

1) I have identified 20 companies with 30%+ YoY revenue growth (using the most recent quarter) and minimum "average trading volume": ZEN , TEAM, BABA, SHOP, RNG , SPLK , NFLX , FB , WIX , SQ , MULE, WDAY , MU, HUBS, ABT , LOGM , NEWR , NVDA , MELI , AMZN , NOW. I like companies that fit this criteria because 30%+ revenue growth means their revenue double every ~2.5 year and their "market cap" is based on their revenue.
2) When you see a green "$" icon above a candle on a DAILY chart , that means it's a good time to "sell naked puts" using the solid green line as the approximate "strike price". I prefer 3-9 months until expiration and "stagger" my expirations so it's not possible for everything to be put to me all at once.
3) I use a "minimum premium" and "max contracts" that I sell that suits my risk tolerance, you will need to calculate your own contract size based on your risk tolerance.


*NOTE: This only works on a DAILY chart , and only works on the companies identified above -- if you are using intraday, weekly or monthly, the "$" signs do NOT appear.

RISK NOTE: I do NOT sell any naked puts unless I am 100% ready to own the shares AND have enough capital in my account if they are put to me, you should do the same. Don't follow this strategy unless you are prepared to OWN shares at expiration.
Note di rilascio: added a few tweaks
Note di rilascio: Changed some defaults and fix a few small bugs
Note di rilascio: Jul12 2018: Fixed a few issues with the calculations..
Rimuovi dagli script preferiti Aggiungi agli script preferiti
I spend hours every week answering questions in DM & granting access. Starting Jun 2019, please send $25 to mattdelong90@gmail.com and specify your TradingView username in the comments. You guys will either see value in the indicator or you won't.
Rispondi
I spend hours every week answering questions in DM & granting access. Starting Jun 2019, please send $25 to mattdelong90@gmail.com and specify your TradingView username in the comments. You guys will either see value in the indicator or you won't.
Rispondi
Hello Matt
I just watched your video on youtube about this strategy and I really like it a lot. Could you please grant me permission to show it on my chart?

Thanks a lot :-)
Rispondi
MattDeLong onipratrading
@onipratrading, permission granted. please read the notes on how it works (and the settings you can change).
Rispondi
@MattDeLong you had granted permission prior but not sure if something happened. I am no longer able to use the script.
Rispondi
MattDeLong drakerussell
@drakerussell, permission granted. please read the notes on how it works (and the settings you can change).
Rispondi
I didn't realize I had months old comments here, replying to all.
Rispondi
Hey Matt when you get a chance can you share your indicator with me. RLT Family
Rispondi
MattDeLong drakerussell
@drakerussell, permission granted. please read the notes on how it works (and the settings you can change).
Rispondi
drakerussell MattDeLong
@MattDeLong, thank you very much. I’m not sure if it fully meets your plan on put sales but PLAN is a new one I found. On the lower end.
Rispondi
Home Screener azioni Screener forex Screener cripto Calendario economico Come funziona Caratteristiche Grafico Costi Regolamento Moderatori Soluzioni per broker & siti web Widget Librerie grafiche Chiedi aiuto Suggerisci funzionalità Blog & Novità FAQ Wiki Twitter
Profilo Impostazioni profilo Account e fatturazione Chiedi aiuto Idee pubblicate Follower Seguiti Messaggi Privati Chat Esci