My portfolio has hit a yearly all time high.\u00a0 Not bad considering our SPY\/TLT is down about 19%.\u00a0 I am going to wait for a bit of a down day next week to roll up our spy pair for more credit.\u00a0 Any movement up in TLT will get the trade towards the profit zone (captain obvious). This is a smaller portion of our portfolio and we expect these sorts of swings.<\/p>\n
The momentum portion is still positive but just barely<\/p>\n
The alpha protector is doing very well.<\/p>\n
TLT roared to 128 on Friday and closed back down to 126.65 after news of a Greece deal. This also pushed up SPY about a half percent in a minute. At 128, I think our pair trade was only down 10%.<\/p>\n
I think I personally will start to increase the MIC (modified iron condor) portion to a significant amount of my portfolio (20%). My portfolio will mostly consist of MIC (20%), Alpha Protector (40%) and very small leveraged portions of momentum rotation (10%), earnings based volatility trades (10%) and a small portion of spy\/tlt pair trades (10%) and some bond rotation (10%). I’ve also got a\u00a0 position in the optimal fund at Covenant capital but I don’t include that in the above percentages. I gotta say, I am kind of excited about the optimal fund, I like the way they approach risk and volatility. The idea is to use a lower amount of capital with a higher volatility trade style to achieve the same results. I am looking forward to seeing how this performs in 3-5 years.<\/p>\n
I will post all my MIC trade entries and adjustments on this forum under the heading “MIC – Month”.\u00a0 So anyone who is interested can follow along.<\/p>\n
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