I drive the portfolio according to the Greeks. I sell premium every trading day. I don't adjust positions once they are put on. I try to close losing positions when they reach a loss equal to two times the initial credit received. I open new positions to balance out the Greeks.
Wow Bobby just checked out your Net Liq and you have made nearly 20K. Will look at your trades later on. Well done.
The experiment is performing quite well. The net liq is up 12.15% since April 5, or $18,221. I had a really big day yesterday because a couple of my straddles closed for big profits. Happy trading! Bobby
Typical newbie ... counting profits before the end of the year! Let's see how you do with the volatility from the election cycle moron! You'll be lucky to have any money left fool!
Bobby - what happened? It took almost 5 month to make 7k in profits and now you make that on a daily basis? Did you take some Karen style accounting classes or was reduced volatility and some delta moves enough to go into hyperdrive?