But these are not a hedge positions ... more puts value were sold which generated the positive return. Ideally when we target value from time decay, we can say it positive trade only when the profit comes from time decay with equal delta positions at any point during the trade and adjustments cycle. Here I guess the loss from directional movement exceeded the profit from time decay. And the profit we see here is from excess put selling.
And also ideally 11600 strikes should be there in the positions which are missing. Had it been there that would increase the loss.
I guess I dint read thing wrong. Let me know your views.
And also ideally 11600 strikes should be there in the positions which are missing. Had it been there that would increase the loss.
I guess I dint read thing wrong. Let me know your views.
Most of the times when I sell on Wednesday I get good premiums by Friday and I close it. Then again i open fresh positions on Friday and close on Wednesday and open fresh positions for the following week. I target 2-4% a week. This particular technique allows me plenty of free time I don't even look at the charts for this. Neither I worry about greeks.I go about doing office work and household work.
By the way for trend following in Futures my Algo in live testing is also performing good. Very soon I will be deploying it Probably end of year.