Trades in SO this month?

[gowthamn 10]

I am a new member here. Hasn't there been new trades this month in SO?

Also when will the performance page be updated with the latest trades?

[Kim 7,475]

Not sure what do you mean. We closed 7 trades so far in October. They are all under SteadyOptions Trades forum. Current trades are in SO Open Trades. Performance page is updated.

[akito 184]

The performance page seems to be missing the GS trade, which is already closed.

[gowthamn 10]

18 minutes ago, Kim said:

Not sure what do you mean. We closed 7 trades so far in October. They are all under SteadyOptions Trades forum. Current trades are in SO Open Trades. Performance page is updated.

I mean any new opening trades this month?

[Kim 7,475]

Current trades are in SO Open Trades. Did you click on the link?

[gowthamn 10]

6 minutes ago, Kim said:

Current trades are in SO Open Trades. Did you click on the link?

OOPS, sorry, missed it as they were pinned.

[Kim 7,475]

1 hour ago, akito said:

The performance page seems to be missing the GS trade, which is already closed.

No worries, it will be updated. 

[g5harlan 140]

Did not want to start an entirely new thread. Thought this one was close to the topic. Was curious about the number of open trades that we have. If I am adding them up correctly including the most recent trade TSN, it would appear that we have 5 (full) positions and 8 (1/2) positions. Have you ever have a time when you would hold more than 10 positions?

BTW - great service here.

Thanks 

Edited January 18, 2019 by g5harlan

[Yowster 7,996]

3 minutes ago, g5harlan said:

Did not want to start an entirely new thread. Thought this one was close to the topic. Was curious about the number of open trades that we have. If I am adding them up correctly including the most recent trade TSN, it would appear that we have 5 (full) positions and 8 (1/2) positions. Have you ever have a time when you would hold more than 10 positions?

Thanks 

No, and at least 2 will be closing next week (IBM BWB and MSFT hedged straddle)

[Kim 7,475]

And TLT expires today.

[Kim 7,475]

We currently have 80% exposure, which is usually as high as we go.

[FrankTheTank 839]

Sorry to hijack this thread but how does our portfolio look relative to the market (e.g. SPX) right now?   It seems like everyday the market has been slowly grinding up and my SO portfolio is slowly losing 1-3% each day.   I am not sure if that is theta and vega working against me or if my open SPX positions themselves were too large and are causing most of the drag for me.

(sorry I don't have ToS or an easy way to track my portfolio).

 

 

Edited January 18, 2019 by FrankTheTank

[Kim 7,475]

We don't measure our portfolio performance against the S&P. Some of the positions are definitely hurt by decreasing IV and negative theta.

But interestingly enough, when S&P lost almost 10% in December, and our portfolio made 17.3%, nobody mentioned it..

[FrankTheTank 839]

 

10 minutes ago, Kim said:

We don't measure our portfolio performance against the S&P. Some of the positions are definitely hurt by decreasing IV and negative theta.

But interestingly enough, when S&P lost almost 10% in December, and our portfolio made 17.3%, nobody mentioned it..

Sorry I was not trying to compare returns to SPX and certainly not complaining.  I was more interested in how were were positioned relative to the index (beta weight).   So if the SPX goes down 1% would we expect our portfolio to rise by 1%, etc.    (not sure if I have that correct or if its even possible to guess this)

 

 

[Kim 7,475]

No. We have zero correlation with S&P. We aim to make money in all markets, and have done it very successfully in the last 7 years, in up and down markets.