I use a hard stop on shares or a theta figure. If position thetas drop by half (from inception) then I usually close it unless I see something in the index that makes a touch of neutrality probable.
Sounds pretty good, although you never ever know with these things and how they develop... Regardless, best of luck and only one question remains... When are you hiring T6A to be your analyst ?
Yeah, the feel I get from mgmt is that it's a real grinder, and I know an analyst there. They wouldn't take me unless T6A signed on for the revenue model... they wanted the guarantee that comes with a legit revenue model.
atticus .... If you need an assistant I'm available, my salary is negotiable. But I do require 6 weeks paid holidays per year.