Today I finally got the fund's and the SPX's performances syncronized (meaning they were both up YTD 106 pts when I went long), but I was about 1 hour early and could have got another extra 10+ points gain compared to the index, had I waited until 3:30 or later. At this point the annual goal is already achieved! The goal was to outperform the index the possible simplest way. Right now if I don't do anything just stay long and roll over once in September, even if I lose the app. 20 points premium, the built in 4% profit (~57 pts) guarantees a 2.2% or so extra gain by year's end, no matter what happens. Thus the power of the strategy. Of course if I knew for sure that market is going to drop some serious % from this level I would stay in cash, but who knows that for sure? The whole idea of the system is to move with the market and avoid a few big drops along the way. Anyway, since the stated goal has been achieved there will be less trades in the future and I might just let the position ride the market's fluctuations....