Apr 4 Trade Plan

Yesterday during that little fall to 2869 and the subsequent small vix spike of about 4%, I got on some upside adjustments (bullish BWBs) to get my negative deltas down. I should be good for another 2-3 weeks re adjustments for the upside 🙂 Everything is pretty much balanced and neutral. I have good modeled theta for the month. 30 days should result in a 5-6% increase in profit. I am pretty much fully capitalized with my PC matching my balance. Good timing for the upcoming trip. As time goes further, I’ll look to harvest and I’ll also add 10-20% more STTs if we get a big spike in VIX. Else, it’s just collecting theta time.

One thought on “Apr 4 Trade Plan”

  1. Hi T&T,

    Wondering if we might be able to connect by email to chat about trading. I’m hoping to pick your brain about your experiences using IB’s trade desk to get a 2-way price on large orders of multi-leg trades.

    Cheers,

    AKJ

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