1 - Options Trades as Long Term Investments
! *$SPX - 1 hour, Correlations: Stocks, Bonds, Yen, Dollar, Gold, Oil. Elder Impulse
Aug-Sep 2016: Selling Option Premium in Futures: Gold (/GC); Bonds (/ZB); Crude Oil (/CL); S&P's (/ES).
Selling Strangles, Puts & Calls -- Managing the Risk with Delta Hedging.
1/18-19 (overnight) Bought Yen; Holding long /CL (crude oil - short puts)
1/23-24 - closed yen, bought back on the dip @ .8804
2/01 (overnight) sold yen @ .89; holding /CL short put & short strangle; /ZB short strangle; /ES short strangles
2/6, 2/7, 2/8: Sold /CL (crude Oil) April 48, 49 & 50 Puts
2/10: Long Yen, Long Bonds, Exited CL (oil) short puts
2/24: exited Yen, bought to close 1/2 of Bonds' short puts (ZB); 2/27: exited Bonds.
**December 2016: Income Trades - short premium: short Puts in Bonds (bullish); Neutral/Bullish in Oil; Neutral/Bearish in /ES (S&P's)
Sep: Have been Portfolio Hedging/enhancing with SPX (/ES) short calls
Nov 11: Big SECTOR ROTATION since the election: Dollar is Strong. Bonds Weak, Gold Weak, Oil Weak.
! *$SPX - 10 minute - correlations
! *$VVIX - Daily; 'VIX of the VIX' -- implied volatility of VIX Options
$VIX measures the implied volatility of options on the SPX index
$VVIX (this chart) measures the implied volatility of options on the VIX index - (these are priced off /VX futures).
When this is high people are buying protection with VIX options.
11/18: When Volatility is LOW, I'm buying SPX Calendar Spreads (Delta .40, short 30 day/long 60 day)
exit @ +10%.
! - $ .NYAD - NYSE Advance-Decline Line 'Slo Sto 60' signal; McClellan Oscillator
**Slow Stocastic, 60 period: this is a great signal for when to lower risk or add risk in a portfolio. **
3/7: Put this portfolio hedge on with puts: http://postmyimage.com/img2/158_Risk_Twist_June_30_2017_expiry.png
11/22: Buy Signal
11/21: Getting close to a Buy Signal (pull some portfolio hedges off)
10/27: Sell Signal - I sold some SPX futures Calls today.
10/20 Buy Signal on the Slo Sto 60. MACD is still under 0.
10/14: Sell Signal;
10/11/16: breadth is weakening; We're getting close to a sell/hedge signal
! - $NYSI - .Summation Index: 'Hedge core portfolio when breadth gets weak'
Nov 21st - Breadth is Strengthening
Oct 28th - HEDGE signal fired
Oct 26th - Breadth is Weakening.
Oct 27th - sold some SPX calls
'The Summation Index is a breadth indicator based on Net Advances (advancing issues less declining issues).
When market breadth turns down (declining stocks are increasing relative to advancing stocks), it's a good time to lower risk.
'Everyone Is A Closet Technician' by Josh Brown: nice editorial on TA.
! - $NYSI - Hedge Timing: NYSE Summation Index, McClellan Osc'l below
Measures market breadth: Watch Zero Line for hedges.
Hedge portfolio when Summation Index is below Zero
'The Summation Index is a breadth indicator based on Net Advances (advancing issues less declining issues). The Summation Index is simply a running total of the McClellan Oscillator values. Even though it is called a Summation Index, the indicator is really an oscillator that fluctuates above and below the zero line.'
! - $SPX - 7 years, Weekly- BreakPointTrades.com
July/August 2016: We have a Monthly volatility squeeze breaking to the upside:
! - $SPX - Daily , time & price Symmetry
3/7: Portfolio Hedge: copy and paste this link:
! - $SPXA50R - Weekly
! - ..NDX - daily
2/25: bought Nasdaq 100 futures