Friday 26 April 2013

Backtesting 2013 - Apr 26, 2013 Entry

Account: Blog backtesting 2013 Apr start
On Apr 26, 2013 the market was down and Average IV was 17.3% at the time of entry around 10:30am.

Trade entry:


Adjustments:

  • May 1 - Sold 3 x 900 to protect my t+0 downside risk
  • May 2 - Sold 3 x 930 to protect my t+0 upside risk
  • May 10 - Sold 3 x 930 to increase - VEGA
  • May 13 - Sold 3 x 930 to increase - VEGA
  • May 14 - RUT moved 24 pts above my upper wing, therefore rolled BF up 40 pts

  • May 15 - Sold 4 x 970 to protect t+0 upside risk
  • May 17 - Sold 3 x 970 to reduce - DELTA outside tent
  • May 20 - Sold 1 x 970 and 2 x 980 to reduce - DELTA outside tent
  • May 22 - Sold 1 x 960 and 3 x 950 to reduce + DELTA and protect t+0 downside risk
    • Note - Increasing my t+0 threshold to 1500 - 1800 on each side.
  • May 28 - Sold 5 x 980 to reduce - DELTA outside tent and protect t+0 upside risk
  • Jun 7 - Sold 1 x 960 and 4 x 980 to reduce DELTA inside tent
  • Jun 8 - Sold 3 x 990 to reduce DELTA inside edge of tent
  • Jun 12 - Sold 2 x 970 and 1 x 960 to reduce + DELTA inside tent
  • Jun 13 - Sold 4 x 990 to reduce - DELTA inside edge of tent
  • June 14 - Hallahuah!!! 7 DTE left and I had to take this trade off no matter what! Exited trade at Max Profit + $2764