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Diversified Option Selling Portfolio
Started: by myrrdin Views / Replies:33,246 / 684
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Diversified Option Selling Portfolio

  #51 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 783 since Nov 2014
Thanks: 1,143 given, 662 received

Current positions of my option selling portfolio:

CH P340
CH C500
BOH P24
BOH P26
LHZ C70
LHZ C75
LCG P120
LCZ P130
GCG P1050
SIH P14

Best regards, Myrrdin

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  #52 (permalink)
Trading Apprentice
Munich Germany
 
Futures Experience: Advanced
Platform: TWS
Favorite Futures: ES
 
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Did you sell your ESF P 1500? Cause you did not mention them in the current positions list?

I am asking, because I am also following a ES strategie based on Ron's concept.

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  #53 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 783 since Nov 2014
Thanks: 1,143 given, 662 received



satghost View Post
Did you sell your ESF P 1500? Cause you did not mention them in the current positions list?

I am asking, because I am also following a ES strategie based on Ron's concept.

Yes, I am short the ESF P1500, and added some ESF P1550 and ESF P1625, when the ESF P1500 had lost some value. The value of these options is approx. 5 - 6 % of the total account value.

Sorry - I have an own book-keeping for Ron's program, and forgot to add these positions.

Best regards, Myrrdin

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  #54 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 783 since Nov 2014
Thanks: 1,143 given, 662 received

Open positions (corrected and actualized version):

CH P340
BOH P26
LHZ C70
LHZ C75
LCG P120
LCZ P130
GCG P1050
SIH P14
ESF P1500
ESF P1550
ESF P1625

Have sold the CH C500 and the BOH P24 with a profit of 78 % and 75 % early this week.

Best regards, Myrrdin

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  #55 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 783 since Nov 2014
Thanks: 1,143 given, 662 received

Futures Edge on FIO
Sold the SF C1000 - C1100 spread.

Larger acreage in Brazil than expected, lack of concern regarding Brazil weather, and increased farmer selling in the US should keep prices below 9,60.

Best regards, Myrrdin

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  #56 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 783 since Nov 2014
Thanks: 1,143 given, 662 received

Rolled the LCG P120 to the LCG P130, taking a profit of 76 % on the first position.

Best regards, Myrrdin

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  #57 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 783 since Nov 2014
Thanks: 1,143 given, 662 received

Current positions of my option selling portfolio:

CH P340
WH C6
SF C10-11
BOH P26

LHZ C70
LHZ C75
LCZ P130
LCG P130

GCG P1050
SIH P14

ESF P1500
ESF P1550
ESF P1625

I intend to add short LHG P60 to have a strangle (in different months) in the hogs. Cash prices (and, thus, the December future) should move down until end of November according to seasonality, whereas the later futures have upside potential.

Furthermore, I will watch closely if the move down after option expiry will occur again. I might close or hedge the ES puts. See

https://futures.io/elite-circle/37156-elite-es-s-p-500-futures-contract-active-day-traders-thread.html#post529618

Best regards, Myrrdin

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  #58 (permalink)
Market Wizard
Cleveland, OH
 
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I have LH Z & LH G seasonally moving up in Nov and down in Dec.

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  #59 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
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Favorite Futures: Commodities
 
Posts: 783 since Nov 2014
Thanks: 1,143 given, 662 received


ron99 View Post
I have LH Z & LH G seasonally moving up in Nov and down in Dec.

Thank you for having a look at the data.

According to MRCI, cash prices for hogs (ave. Omaha) move downwards from end of July until end of December, bouncing for 3 weeks form early September and for 2 weeks from around 20th of November. This pattern is consistent for the last 5, 15 and 30 years.

For the December contract, the bounces are more pronounced for the last 15 and 30 years. For the 5 years pattern, which I prefer, you are correct that there is a bounce for about 3 weeks, beginning around 5th November.

For the February contract, there is a strong move upwards in November. The seasonal reaches its high end of November, whereas the December contract does not reach its highs from July and October in November.

The spread LHG-LHZ shows a steep downtrend from the middle of October untoil around 20th of November.

To be clear: I usually (and also in this case) trade both legs of strangles separately. I Intend to get out of the December calls some time early November, and will hold the February puts for a longer perios of time. (In case everything works out as planned ...)

In addition I hold the LHG-LHZ spread in futures.

Best regards, Myrrdin

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  #60 (permalink)
Market Wizard
Linz Austria
 
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
 
Posts: 783 since Nov 2014
Thanks: 1,143 given, 662 received


Bought back the SF C1000-1100 for a profit of 56 %.

Sold the LHG P60.

Best regards, Myrrdin

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