Total Net Profit = Gross Profit − Gross Loss The total net profit represents the bottom line for a trading system over a specified period of time. This metric is calculated by subtracting the gross loss of all losing trades (including commissions) from the gross profit of all winning trades. Read more…
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SPX IVR > 50 45 DTE Put5 Delta50% MPExit 21 DTE2x Stop (option price hits 3x credit) SPX IVR < 50 2-3 DTE Put5 Delta2x Stop (option price hits 3x credit) Entry time is EOD (depending on your broker, SPX options can be traded up to 4:15 PM ET)
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This strategy is a swing trade strategy for buying/selling calls or puts on the SPY or any of the indexes. What sparked my curiosity was John Carter talking about this strategy. I have modified it to the way I trade and will study this with small entries. I will post Read more…
STUDY CLOSED – Winner Winner Chicken Dinner This is a study trading SPX Put or Call Vertical Spread with the short leg at delta 5 and the long leg 50 points further out as outlined in this strategy.