Massive Strangle Strategy Update! We Also Hit New ATHs in Portfolio Today!

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Massive Strangle Strategy Update! We Also Hit New ATHs in Portfolio Today!

Рет қаралды 5,295

Күн бұрын

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Пікірлер: 29

@brianburkett7222 4 ай бұрын

Thanks for the updated info, great video!

@juliano6149 4 ай бұрын

Thanks for the update. One thing to consider is that your backtest is for SPY, so the deltas and DTE may not work that well on other symbols like GC, ZB, CL and so on.

@MrGrimmur 4 ай бұрын

Great analysis. Thank you! It would be interesting to see a comparison with keeping the strangles until expiration. That would obviously reduce the win rate but since you would be getting double on the wins, it could have better results. If you get a 90% win rate on your 50%/200% strategy, you would get $75k in 100 trades (90*$1,500-10*$6,000). Keeping the strangle until expiration would have the same results with a 75% win rate (75*$3,000-25*$6,000). So if keeping it until expiration has a win rate above 75%, it could be a better strategy.

@Keiht8728 4 ай бұрын

/GC was printing money this year until that latest move…. I got smoked on gold but glad I got out when I did… that thing would be right about ITM now and would have been a nightmare to deal with

@2023Red 3 ай бұрын

@Tom. I want to copy your strategies and I use TOS also. My questions follow: About 13:00 minutes into the video you were discussing stops using 50%/300% and I got lost. Can you provide a very simple example on anything such as SPY? I am not following the stops set using TOS nor the process unless you are creating a stop for each end of the strangle, call and the put. Or conditional with rolling in mind. 2d question: about 6:40 into the video you used your spread sheet for keeping track of results. In your next video on this topic, can you scroll thru any record such as 66 cell by cell from columns A thru P slow enough so I can see the computation please? I use your methods but I want to ensure I get what you are saying on these videos. I find them outstanding John. Thanks Robert P

@benmullins9991 4 ай бұрын

If you hit the stop loss mid day, do you take it off, or do you look at P/L at specific time of day, like around normal market close?

@portfoliotrader284 4 ай бұрын

Tom, thank you so much for the updated numbers! What tool do you use to backtest? ToS ondemand or optionnetexplorer or anything else?

@larsro4718 4 ай бұрын

Hi Tom, am really glad to have found your channel and the videos! Love it! one question though: I am trading options for a little while now but still feel that I haven't learned it consistently. Is Mr.TopTick also a platform to learn as a (relative) beginner oder "just" giving hints if you have a good base knowledge? If so what would you recommend to learn to get ready to chime into income navigator etc? Thx for any Hint and best regards from Germany ;-)

@SD-mg7np 4 ай бұрын

hey tom. great great videos man. im glad i found you. the strategies that you teach are they safe in both up neutral AND DOWN markets? For example when we have a major correction is that something we would have protection on ? i am going to be joining next week

@sdkujn 4 ай бұрын

Hey Tom are these stats from some Option Omega Backtested Results?

@misterringer 4 ай бұрын

Why is the 25% so much less CAGR? Wouldn't you be able to deploy more trades due to closing out strangles faster?

@TommKing13 4 ай бұрын

Because the income is so much lower.

@braddeicide 4 ай бұрын

People are probably responding to your old videos which recommended es, and suggest gold.

@TheFeralDutchies 4 ай бұрын

Does anyone know what BIL BP means? How is it calculated? Love the videos!

@RVIntoRetirement 4 ай бұрын

BIL is where you park extra cash to get interest, but not all your extra cash because of span margin. So for example is Tasty Trade is showing you are at 60%BP used, but you have 10% in BIL you would actually subtract out that 10% of BIL bringing you down to 50% BP

@zoraster3749 4 ай бұрын

You mention hitting 2% per month or 24% per year as a target goal but then mention a strangle goal of 9.8% annual return? What am I missing?

@RVIntoRetirement 4 ай бұрын

Whole account target is 2%. Strangles are just one piece of the portfolio - there are naked puts, 112's etc

@michaelernst9124 4 ай бұрын

In the 32 years between February 1992 and February 2024 , the S&P 500 index (in EUR) had a compound annual growth rate of 10.86%. So why to trade strangles instead of buying the S&P? I totally understand that it adds value to your result but obviously only trading strangles can’t outperform the S&P. I guess it’s a combination of all income sources like different strategies like the 1-1-2, Ratios, etc., and even hedges. But also Bil adds it value to outperform the S&P at the end or?

@braddeicide 4 ай бұрын

How are you 13.3% ytd but backtesting shows less than 10% CAGR?

@michaelernst9124 4 ай бұрын

Because he trades multiple underlyings and different strategies which all add value to the 13%.

@gazoo7411 4 ай бұрын

The Theme: Play to Win! Stay positive people. You can do this...........................

@judio50 4 ай бұрын

If you roll the untested side of a strangle, you can minimize the chances of your stop loss being hit.

@ACR4008 4 ай бұрын

He doesn’t follow TastyTrade mechanics.

@TommKing13 4 ай бұрын

I will never roll.

@Thetatraderz 4 ай бұрын

Thats not your actual background I thought it was!

@goober-ll1wx 4 ай бұрын

Why do 90DTE strangles when Tasty trade has already shown so many backtests and data on the fact that 45 DTE is the sweet spot?!

@TommKing13 4 ай бұрын

Because they are wrong.

@goober-ll1wx 4 ай бұрын

@@TommKing13 I don't think they are, they have been trading way longer than you have and more data and resources than you do.... Fking pleb

@rsbmg 2 ай бұрын

@@TommKing13 I don't see that they are "Wrong" you are just sacrificing total P&L for a smoother P&L Curve over time i.e. less risk, higher win%. Would you agree or disagree and why?