Account: Blog backtesting 2013 Apr start
On Aug 23, 2013 the market was down and Average IV was 17.5% at the time of entry around 10:30am.
Trade entry:
Adjustments:
- Aug 27 - Sold 5 x 990 to protect t+0 downside risk
- Aug 29 - There was a volatility hit which resulted in market makers taking the price out of my butterflies. As a result my absolute loss (ABS Loss) was increase to -$400
- As a result of an increase in ABS Loss, my threshold when assessing t+0 line will be $1500 - $2000
- Sep 9 - Sold 5 x 1020 to control - DELTA outside tent
- Sep 17 - Rolled the BF up 40 pts b/c can't keep VEGA and DELTA negative
- Sep 18 - Sold 6 x 1050 & 2 x 1060 to reduce - DELTA inside edge of tent
- Sep 24 - Sold 7 x 1060 to reduce - DELTA inside edge of tent
- Oct 1 - Sold 8 x 1070 to reduce - DELTA outside tent
- Oct 7 - Sold 2 x 1050 to protect t+0 downside risk
- Oct 8 - Sold 3 x 1060 & 3 x 1050 to reduce + DELTA inside tent
- Oct 9 - Sold 1 x 1060 & 1 x 1050 to reduce + DELTA inside tenta
- Oct 10 - Sold 6 x 1080 to reduce - DELTA inside tent
- Oct 11 - 7 DTE left exited this trade at a Loss - $997
