Friday 20 March 2015

Backtesting 2015 - March 20, 2015 Entry

On March 20, 2015 the market gapped up and Average IV was 13.3% at the time of entry around 10:30am.



Trade entry:



Risk graph:



Adjustments:

  • Apr 10 – Bought 10 x 1230 and Sold 10 x 1240 Put Verticals to control DELTA inside the edge of the tent
  • Apr 16 - Bought 5 x 1240 and Sold 5 x 1250 Put Verticals to control DELTA outside of the tent
  • Apr 21 - Exited at Max Profit of +$2620

Video Recap of Trade