2020 Trading

The only ETFs I sell naked puts on now are SPY and QQQ. More volume and less risk. If I were tempted to use SVXY now, I would sell the 7/10/20 27 put for seven cents and hope it expires worthless or I buy it back for one or two cents.

 

Short-term Algo position:Long 200 $SVXY @$32.27.

 

Short-term Algo position:Long 200 $SVXY @$32.27. Position closed @$31.65.Loss of $124 on a $10,000 account.

 

2020 PL YTD =+64.74% Short-Term Algo: 2020 PL = Profit of $6474 on a $10,000 account.Trades#6 Win#3 Lose#3 Flat#0 Open#0

 

Here's the system I'm using now. It passes up some profit opportunities but it almost keeps me out of trouble.

 

Short-term Algo position:Short 200 $SVXY @$30.62.

 

Looks as if you might be short at the moment.What size position do you normally take?

 

I just sell puts for chump change diversified in high-volume ETFs and high-volume stocks. I don't like short-selling, long options and spreads.

 

Short-term Algo position:Short 200 $SVXY @$30.62. Position closed @$32.65.Loss of $406 on a $10,000 account.

 

Short-term Algo position:Long 200 $SVXY @$33.80.