Going forward, on the first of the month, we will post a readout of all trades year-to-date, including all currently open positions. Below is a link to the spreadsheet with this information as of August 31, 2021.
NGT Options Readout YTD 8-31-21
.xlsx
Download XLSX • 610KB
We will be updating this shortly for the full 2021.
Hello, Is there any intention to provde continued access to trades to date. I am new to the site, and would like to review this data. Thanks Wayne
Here are the current statistics for our trade repairs (rollouts):
Total trades 2653
Total rolls: 281 (10.6%)
Open rolls: 136 (5.1%)
Closed rolls: 145 (5.5%)
Closed roll wins: 124 (85.5%)
Closed roll losses: 21 (14.5%)
Average closed roll: 2.02%
Average closed roll duration: 47.66
Average closed roll P/L per day: 0.0768%
Average annualized closed roll: 19.21%
Got it, will read it, thank you. Maybe I misinterpret results, if that actually works positively in the most cases.
We never signal more than about 60 to 70 days out. The longer-duration trades that you see are trades in repair, i.e., the stock fell and we are now rolling them position forward to collect premium in the hopes of recovering a win or reducing loss.You can read about trade repair strategies here:
Hey @Marc & Laura ! Just came here reading through your seeking alpha article (https://seekingalpha.com/amp/instablog/20641661-no-guess-trading/5550621-pricing-covered-calls-gamblers-approach - btw will check whether i can actually use that model on my current long positions, and thank you). Looking at the results above, I have noticed the following - some of the trades that have an expiration of 3+ months in the future have scary returns (-10%, -20%, -30%, etc.), I also do see that some of them actually brought in some solid returns (10%+), and the third type of return for such positions is 0%-1% returns (the majority if i noticed right). So I have a question: Have you considered removing anything that has 2+ months expiration date in the future to improve the returns? Thanks,
Vsevolod