Kudos to MMs

Discussion in 'Chit Chat' started by nitro, Oct 23, 2008.

  1. GTS

    GTS

    With SPX at 1321
    <table border="1"><tr><th>Date</th><th>Action</th><th>Price</th><th>Units</th><th>PnL</th></tr><tr><td>Dec 20, 2011</td><td>Sell to Open SPX</td><td>1229.89</td><td>2</td><td>-184</td></tr><td>Jan 11, 2012</td><td>Sell to Open SPX</td><td>1288.60</td><td>1</td><td>-33</td></tr><td>Jan 25, 2012</td><td>Sell to Open SPX</td><td>1321.20</td><td>1</td><td>0</td></tr></table>
     
    #4291     Feb 1, 2012
  2. nitro

    nitro

    02/01/2012 09:00:09 OFV = 1321.41068554296 Sell SPX at 1322.39
    02/01/2012 09:02:35 OFV = 1321.48116036639 Buy SPX at 1321.15
    02/01/2012 09:03:47 OFV = 1321.79151246992 Sell SPX at 1321.91

    I am going to stop posting all these intraday trades and gather them ~ once an hour.
     
    #4292     Feb 1, 2012
  3. nitro

    nitro

    02/01/2012 09:15:49 OFV = 1330.91267886782 Buy SPX at 1326.54
    02/01/2012 09:17:06 OFV = 1324.77252599371 Sell SPX at 1326

    Something weird just happened, maybe a data problem. These kinds of jumps back and forth don't happen in OFV that often. I need to start logging all inputs to a db to debug.
     
    #4293     Feb 1, 2012
  4. nitro

    nitro

    02/01/2012 09:59:31 OFV = 1326.2889770474 Buy SPX at 1326.16
    02/01/2012 10:00:07 OFV = 1326.08653126908 Sell SPX at 1326.54
    02/01/2012 10:01:56 OFV = 1327.36588758971 Buy SPX at 1326.62
     
    #4294     Feb 1, 2012
  5. GTS

    GTS

    POFVF has been above and below SPX - do you have any strategy on exiting your short position or are you just hoping that Iran blocks the Strait of Hormuz so you can get back to BE?
     
    #4295     Feb 1, 2012
  6. nitro

    nitro

    02/01/2012 12:47:42 OFV = 1328.14007682341 Sell SPX at 1328.41
    02/01/2012 12:50:45 OFV = 1328.76737434965 Buy SPX at 1328.53
    02/01/2012 12:51:21 OFV = 1327.74797005782 Sell SPX at 1328.4
    02/01/2012 12:52:42 OFV = 1328.39070618176 Buy SPX at 1327.74
    02/01/2012 12:53:56 OFV = 1327.702168683 Sell SPX at 1328.23
     
    #4296     Feb 1, 2012
  7. nitro

    nitro

    SPX, 1328.03. FV, 1134.04. OFV, 1324.29. POFVF, 1314.29

    Through the entire day, SPX and OFV have been very tight. This is the first time today that they have deviated this "much".
     
    #4297     Feb 1, 2012
  8. nitro

    nitro

    Exit at close:

    02/01/2012 16:00:00 OFV = 1321.40675126637 Buy SPX at 1324.09

    Not surprising, today was about a break-even (+3.20 excluding commission and slippage) day since there was very little to work with from open to close. There was some weirdness in the data that probably caused the 5 point loss, but that is the reality of trading (potential data and software problems), and it must be taken as part of the simulation.

    One thing that gives me great confidence, although from a very small sample, the system that enters only on spreads > 2.50 has not had a losing trade, and is up almost 10 points. It is still correct to run a mixed strategy of the crossover + the wide spread, because I think if done right they will smooth out the equity curve. The only problem with he crossover system is it generates lots of commissions on tight days, and has to pay the spread to get in and out. still, it even if it loses a little, it will keep the other system from losing big.
     
    #4298     Feb 1, 2012
  9. GTS

    GTS

    Code:
    2/1/2012	09:00:09	Sell	SPX	at	1322.39	
    2/1/2012	09:02:35	Buy	SPX	at	1321.15	$1.24 
    2/1/2012	09:03:47	Sell	SPX	at	1321.91	
    2/1/2012	09:15:49	Buy	SPX	at	1326.54	($4.63)
    2/1/2012	09:17:06	Sell	SPX	at	1326	
    2/1/2012	09:59:31	Buy	SPX	at	1326.16	($0.16)
    2/1/2012	10:00:07	Sell	SPX	at	1326.54	
    2/1/2012	10:01:56	Buy	SPX	at	1326.62	($0.08)
    2/1/2012	12:47:42	Sell	SPX	at	1328.41	
    2/1/2012	12:50:45	Buy	SPX	at	1328.53	($0.12)
    2/1/2012	12:51:21	Sell	SPX	at	1328.4	
    2/1/2012	12:52:42	Buy	SPX	at	1327.74	$0.66 
    2/1/2012	12:53:56	Sell	SPX	at	1328.23	
    2/1/2012	16:00:00	Buy	SPX	at	1324.09	$4.14 
    
    					                 Total	$1.05
    
     
    #4299     Feb 1, 2012
  10. nitro

    nitro

    Cross Over System:

    Day 1 PnL : 6.49 Points
    Day 2 PnL : 3.55 Points

    I will start keeping track officially of the wide spread system soon too. That one is up ~10 in addition to above.
     
    #4300     Feb 1, 2012