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Published byMitchell York Modified over 6 years ago
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Welcome to the “How I Turned a $5,000 Account into $11,105 in Just 90-Days Trading My Time Warp Strategy” Video Series
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In This Video, I am Going to Show You Every Trade Taken in This Account, Provide a Detailed Explanation of Each Trade, and Give You My Thoughts at the Time of the Trade.
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My Goal With This Video is to Hopefully Convey Unique Insight into the Practical Application of the Time Warp Strategies being Traded in a Small Account.
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Which Will Hopefully in Turn, Give You the Confidence to Start Your Own Story and Stick With it, Even When Things do not Seem To be Going Right.
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Time Warp – Conservative
If You are Watching This Video Before You Have Watched the Following Videos, I Would Strongly Encourage You to Stop Now and Go Back and Watch These Videos First: Power of PPD Time Warp – Conservative Time Warp – Aggressive Time Warp - Bearish
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Trade #1 Date: May 14th, 2015 Strategy: 1-2 Punch Market: SPY
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May 14th, 2015
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3
Long 5 SPY 5/29/15 Exp Puts From 3.34 Short 5 SPY 5/22/15 Exp Puts From 1.26 For a Debit of 2.08 This is a Core Position From “My 27% Weekly Option Strategy” The Idea is That on 5/22/15, if SPY Closes at or Below , this Spread MUST Increase from 2.08 to at Least 3.00, Giving Me a Profit of 0.92 on the Trade.
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3
Long 5 SPY 5/29/15 Exp Puts From 3.34 Short 5 SPY 5/22/15 Exp Puts From 1.26 For a Debit of 2.08 What Makes it a 1-2 Punch Strategy is the Fact that at the Same Time, I Also Placed on the Following Calendar Spread: Long 5 SPY 5/29/15 Exp Calls From Short 5 SPY 5/22/15 Exp Calls From For a Debit of 0.29.
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3
Long 5 SPY 5/29/15 Exp Puts From 3.34 Short 5 SPY 5/22/15 Exp Puts From 1.26 Long 5 SPY 5/29/15 Exp Calls From Short 5 SPY 5/22/15 Exp Calls From For a Debit of 2.37 Technically the Maximum Risk of This Trade Was $2.37, or $1,185 on a 5-Lot. Of Course, That Potential Loss is Virtually Impossible as SPY Would Have to Move so High That There Would be NO VALUE in the Long Puts With 1-Week Left
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3
Long 5 SPY 5/29/15 Exp Puts From 3.34 Short 5 SPY 5/22/15 Exp Puts From 1.26 Long 5 SPY 5/29/15 Exp Calls From Short 5 SPY 5/22/15 Exp Calls From For a Debit of 2.37 SPY Was Trading at Around at the Time. If SPY Moved to , the Long 215 Puts Would be Worth Approximately 1.25 (Avg) Producing a Loss of Between Around 0.85 on That Leg of the Trade.
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3
Long 5 SPY 5/29/15 Exp Puts From 3.34 Short 5 SPY 5/22/15 Exp Puts From 1.26 Long 5 SPY 5/29/15 Exp Calls From Short 5 SPY 5/22/15 Exp Calls From For a Debit of 2.37 Meanwhile, the Calendar Spread Which Has the Short 215 Calls Will be Worthless for a Gain of 0.20 and the Long 215 Calls Should be Worth Around 1.25 (avg) for a Gain of 0.75, for a Total Profit of 0.95 on the Calendar Spread.
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3
Long 5 SPY 5/29/15 Exp Puts From 3.34 Short 5 SPY 5/22/15 Exp Puts From 1.26 Long 5 SPY 5/29/15 Exp Calls From Short 5 SPY 5/22/15 Exp Calls From For a Debit of 2.37 Net Result Overall is SPY Closes at Should be Breakeven to +0.10
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3
Long 5 SPY 5/29/15 Exp Puts From 3.34 Short 5 SPY 5/22/15 Exp Puts From 1.26 Long 5 SPY 5/29/15 Exp Calls From Short 5 SPY 5/22/15 Exp Calls From For a Debit of 2.37 Of Course, Below and the Trade is Guaranteed to Make at Least 0.63 and That is Only if the Market Absolutely Tanks. If the Market Stays Around , the Trade Would Make Approximately 0.95 – 1.00.
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Long SPY 5/29/15 Exp 215. 00 Puts From 3. 29 Short SPY 5/22/15 Exp 212
Long SPY 5/29/15 Exp Puts From 3.29 Short SPY 5/22/15 Exp Puts From 1.20 Long SPY 5/29/15 Exp Calls From Short SPY 5/22/15 Exp Calls From For a Debit of 2.38 .
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3
Long 5 SPY 5/29/15 Exp Puts From 3.34 Short 5 SPY 5/22/15 Exp Puts From 1.26 Long 5 SPY 5/29/15 Exp Calls From Short 5 SPY 5/22/15 Exp Calls From For a Debit of 2.37 I Had Attempted to Get Into the / Put Spread But Was Only Filled on One
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Long 1 SPY 5/29/15 Exp 215. 50 Puts From 3
Long 1 SPY 5/29/15 Exp Puts From 3.60 Short 1 SPY 5/22/15 Exp Puts From 1.39 Long 1 SPY 5/29/15 Exp Calls From Short 1 SPY 5/22/15 Exp Calls From For a Debit of 2.45 So What Happened?
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Long SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Closed at 2. 18) -1
Long SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Short SPY 5/22/15 Exp Puts From 1.26 (Closed at 0.00) Long SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32 Short SPY 5/22/15 Exp Calls From (Closed at 0.00) +0.20 On 5/22/15 the Short Options Expired Worthless While the Long Options Were Losing Money With the Trade at a Net Loss of 0.02 Plus Commissions
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This is Not at ALL What the Risk Graph Showed
Long SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Short SPY 5/22/15 Exp Puts From 1.26 (Closed at 0.00) Long SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32 Short SPY 5/22/15 Exp Calls From (Closed at 0.00) +0.20 This is Not at ALL What the Risk Graph Showed What Happened?
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Closed at 2. 18) -1
Long 5 SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Short 5 SPY 5/22/15 Exp Puts From 1.26 (Closed at 0.00) Long 5 SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32 Short 5 SPY 5/22/15 Exp Calls From (Closed at 0.00) +0.20 - Volatility TANKED - Extrinsic Value Got Sucked Out of the Options - And May 25th Was Memorial Day – Markets Were Closed
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Closed at 2. 18) -1
Long 5 SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Long 5 SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Closed at 2. 18) -1
Long 5 SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Long 5 SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32
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Long 5 SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Closed at 2. 18) -1
Long 5 SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Long 5 SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32 Average Performance When SPY Closes 1.00 Above the Short Put Strike = With the 1-2 Punch
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Long SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Closed at 2. 18) -1
Long SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Long SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32 No Extrinsic Value in Puts No Extrinsic Value in Calls Market is at All Time Highs (213.00) If SPY Moves Higher to , I Will Lose About Another 1.00 in the Puts, but I Should Gain About 1.00 on the Calls
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Long SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Closed at 2. 18) -1
Long SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Long SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32 No Extrinsic Value in Puts No Extrinsic Value in Calls Market is at All Time Highs (213.00) If Market Moves Down to , Puts Will Gain Additional 2.00 While Calls Will Only Lose 0.17
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Long SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Closed at 2. 18) -1
Long SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Long SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32 Exit Here, Take a Breakeven and Place Another Trade for the Following Week. Or…Hold On to Current Positions With Following Risk/Reward Metrics:
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SPY Moves Higher by 2:00 = -0.20 to +0.20
Long SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Long SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32 SPY Moves Higher by 2:00 = to +0.20 SPY Market Moves Lower by 2.00 = +1.83 SPY Market Stays the Same = Lose 0.35
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SPY Moves Higher by 2:00 = -0.20 to +0.20
Long SPY 5/29/15 Exp Puts From 3.34 (Closed at 2.18) Long SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.32 SPY Moves Higher by 2:00 = to +0.20 SPY Market Moves Lower by 2.00 = +1.83 SPY Market Stays the Same = Lose 0.35 Market Does Not Have to Close Down 2.00 Points and Stay, It Only Has to Move Down And the Long Puts Will Gain.
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What Happened?
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Long SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Exited at 4. 28) +0
Long SPY 5/29/15 Exp Puts From 3.34 (Exited at 4.28) Long SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.49 What Happened? On Tuesday SPY Moved Down and I Exited the Puts at 4.28 for a Gain of Calls Ended Up Expiring Worthless for a Loss of 0.49, for a Net Gain of 0.45.
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Long SPY 5/29/15 Exp 215. 00 Puts From 3. 34 (Exited at 4. 28) +0
Long SPY 5/29/15 Exp Puts From 3.34 (Exited at 4.28) Long SPY 5/29/15 Exp Calls From (Closed at 0.17) – 0.49 Net Gain of 0.45. This Goes On Top of the 1.46 I Banked From the Short Options on 5/22 for a Total Net Profit of 1.91, or a Net Profit of $955 on 5-Lots.
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+ 1.51 on the Shorts -1.27 on the Longs Net Gain of 0.24 or $24
Long 1 SPY 5/29/15 Exp Puts From 3.60 (Closed at 2.60) Short 1 SPY 5/22/15 Exp Puts From 1.39 (Closed at 0.00) Long 1 SPY 5/29/15 Exp Calls From (Closed at 0.09) Short 1 SPY 5/22/15 Exp Calls From (Closed at 0.00) For a Debit of 2.45 on the Shorts on the Longs Net Gain of 0.24 or $24
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Long 1 SPY 5/29/15 Exp 215. 50 Puts From 3. 60 (Closed at 2. 60) -1
Long 1 SPY 5/29/15 Exp Puts From 3.60 (Closed at 2.60) Long 1 SPY 5/29/15 Exp Calls From (Closed at 0.09) Like the Other Spread, There Was No Extrinsic Value in the Long Put or Long Call, So I Did the Same Thing and Held the Longs
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Long 1 SPY 5/29/15 Exp 215. 50 Puts From 3. 60 (Exited at 4. 76) +1
Long 1 SPY 5/29/15 Exp Puts From 3.60 (Exited at 4.76) Long 1 SPY 5/29/15 Exp Calls From (Closed at 0.09) On Tuesday, I Exited the Put at 4.76 for a Net Gain of 1.16 While the Call Expired Worthless for a Loss of 0.36, for a Net Gain of Add the 1.51 Gain on the Shorts, for a Net Profit of 2.31, or $231.
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First Week’s Trades are On the Books for a Net Profit of $1,186.
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Strategy: Time Warp - Aggressive
Trade #2 Date: June 11, 2015 (Thursday) Strategy: Time Warp - Aggressive Market: S&P E-mini (ES Futures Options)
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Short 6/19/15 Exp 2105 Call From 19.50 Long 6/26/15 Exp 2130 Call From 7.00 For a Credit of 12.50
1.00 in ES is Worth $50.00, So My Credit is $625.00, Which Means That as Long as ES Closes Below 2105 on 6/19/15, I am Guaranteed to Make at Least $650 on This Trade.
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Short 6/19/15 Exp 2105 Call From 19.50 Long 6/26/15 Exp 2130 Call From 7.00 For a Credit of 12.50
Meanwhile, the Spread Difference is 25.00, So Technically the Max Risk is – = 12.50, or $625.
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Short 6/19/15 Exp 2105 Call From 19.50 Long 6/26/15 Exp 2130 Call From 7.00 For a Credit of 12.50
Why ES? On the 3rd Friday of the End of Quarter Month (Mar, June, Sept, Dec), SPY Pays Dividends and Any Call Options Near the Price Are at Risk of Early Assignment Negating the Last Day of Time in the Spread
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Short 6/19/15 Exp 2105 Call From 19.50 Long 6/26/15 Exp 2130 Call From 7.00 For a Credit of 12.50
Why ES? ES Doesn’t Pay Dividends. However, the 6/19 Option is Going off of the June ES Contract, While the 6/26 Option is Going off the September ES Contract, and the September ES Contract is Priced to Reflect Dividends Being Paid in the Actual Stocks (and ETFs)
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Why Not a Calendar Spread?
Short 6/19/15 Exp 2105 Call From Long 6/26/15 Exp 2130 Call From 7.00 For a Credit of 12.50 Why Not a Calendar Spread? The 6/19/ Call Was Only Trading at Just Over 2.00 Creating a Debit on the Calendar Spread of 5.00 and Would Not Have Been Worth Dropping My Credit to only 7.50
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Short 6/19/15 Exp 2105 Call From 19.50 Long 6/26/15 Exp 2130 Call From 7.00 For a Credit of 12.50
On June 15th (Monday), I Could Have Closed the Trade Early for a Majority of the Profit. I Held.
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On June 18th, Gave Back All Profits
Short 6/19/15 Exp 2105 Call From Long 6/26/15 Exp 2130 Call From 7.00 For a Credit of 12.50 On June 18th, Gave Back All Profits
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Short 6/19/15 Exp 2105 Call From 19.50 Long 6/26/15 Exp 2130 Call From 7.00 For a Credit of 12.50
On June 19th I Exited the 2105 Call at for a Gain of 7.25, or $ and Held Onto the Long Call (It Was Trading at 2.00 at the Time). Ultimately That Call Expired Worthless and I Ended Up Breaking Even on This Trade.
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On 6/19 With the Market Back UP to All Time Highs, There Were Some Very Good Opportunities
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Strategy: 1-2 Punch, Time Warp – Bearish (Hedged)
Trade # 3 & 4 Date: 6/19/15 (Friday) Strategy: 1-2 Punch, Time Warp – Bearish (Hedged) Market: IWM
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Time Warp - Bearish Short 5 IWM 6/26/15 Exp Calls From 1.96 Long 5 IWM 7/2/15 Exp Calls From 0.55 For a Credit of 1.41
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1-2 Punch + TW-B Hedge Short 5 IWM 6/26/15 Exp Calls From 0.98 Long 5 IWM 7/2/15 Exp Calls From 0.19 Short 10 IWM 6/26/15 Exp Calls From 0.19 Long 10 IWM 7/2/15 Exp Calls From 0.39 For a Credit of 0.39
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Total = 1.80 Credit x 5, or $900 Credit.
5 Time Warp – Bearish (126.50/129.50) 1.41 Credit 5 Time Warp – Aggressive (128.00/131.00) 0.79 Credit 10 Calendar Spreads (130.00) 0.20 Debit (x2) Total = 1.80 Credit x 5, or $900 Credit.
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For a Credit of 1.80 (on 5) ($900 Profit Potential)
All Positions Short 5 IWM 6/26/15 Exp Calls From 0.98 Long 5 IWM 7/2/15 Exp Calls From 0.19 Short 10 IWM 6/26/15 Exp Calls From 0.19 Long 10 IWM 6/2/15 Exp Calls From 0.39 Short 5 IWM 6/26/15 Exp Calls From 1.96 Long 5 IWM 7/2/15 Exp Calls From 0.55 For a Credit of 1.80 (on 5) ($900 Profit Potential) What Happened
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IWM Moved Higher on Monday and Tuesday, Creating an Open Position Loss of About $400 on Tuesday (June 23rd)
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On Wednesday, IWM Moved Down a Bit and the Entire Position Was Showing a Small Net Profit
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Net Closed Gain of $1,025 With Open Loss of $325
All Positions – June 26th Short 5 IWM 6/26/15 Exp Calls From 0.98 (Expired at 0.00) Long 5 IWM 7/2/15 Exp Calls From 0.19 (at 0.04) Short 10 IWM 6/26/15 Exp Calls From 0.19 (Expired at 0.00) Long 10 IWM 7/2/15 Exp Calls From 0.39 (at 0.14) Short 5 IWM 6/26/15 Exp Calls From 1.96 (Exited at 0.89) Long 5 IWM 7/2/15 Exp Calls From 0.55 (Exited at 0.17) -0.38 Net Closed Gain of $1,025 With Open Loss of $325 x 5 = $ x 10 = $ x 5 = $ x 5 = ($190)
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All Positions – June 26th Short 5 IWM 6/26/15 Exp Calls From 0.98 (Expired at 0.00) Long 5 IWM 7/2/15 Exp Calls From 0.19 (Exited at 0.00) Short 10 IWM 6/26/15 Exp Calls From 0.19 (Expired at 0.00) Long 10 IWM 7/2/15 Exp Calls From 0.39 (Exited at 0.00) – 0.39 Short 5 IWM 6/26/15 Exp Calls From 1.96 (Exited at 0.89) Long 5 IWM 7/2/15 Exp Calls From 0.55 (Exited at 0.17) -0.38 Net Closed Gain of $1,025. All Long Options Expired Worthless on 7/2/15 for a Loss of ($485), Netting $540 on This Trade
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Strategy: 1-2 Punch, Delayed Hedge
Trade #5 & 6 Date: 7/2/15 Strategy: 1-2 Punch, Delayed Hedge Market: QQQ
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IWM
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QQQ
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3 of the 7/17/15 Exp 110.50 Calls is the Long Leg of a Calendar Spread
1-2 Punch Using Calls Short 3 QQQ 7/10/15 Exp Calls From 1.52 Long 6 QQQ 7/17/15 Exp Calls From 0.40 Short 3 QQQ 7/10/15 Exp Calls From 0.17 For a Credit of 1.29 3 of the 7/17/15 Exp Calls is the Long Leg of a Calendar Spread This Was Placed in the Morning of 7/2 With Additional Orders
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Total Credit = $900 (Total of 12 Positions)
In the Afternoon, The Orders Were Not Hit So I Placed on the Following Delayed Hedge: Short 9 QQQ 7/10/15 Exp Calls From 0.89 Long 18 QQQ 7/17/15 Exp Calls From 0.16 For a Credit of 0.57 Total Credit = $900 (Total of 12 Positions) So What Happened?
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Short 3 QQQ 7/10/15 Exp 107. 50 Calls From 1
Short 3 QQQ 7/10/15 Exp Calls From 1.52 Long 6 QQQ 7/17/15 Exp Calls From 0.40 Short 3 QQQ 7/10/15 Exp Calls From 0.17 Short 9 QQQ 7/10/15 Exp Calls From 0.89 (Exited Early at 0.11) Long 18 QQQ 7/17/15 Exp Calls From 0.16 On Tuesday, July 7th, QQQ Was Down and I Exited the Calls at 0.11 for a Gain of 0.78, or $702
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Short 3 QQQ 7/10/15 Exp 107. 50 Calls From 1. 52 (Exited at 0
Short 3 QQQ 7/10/15 Exp Calls From 1.52 (Exited at 0.35) +$351 Long 6 QQQ 7/17/15 Exp Calls From 0.40 (Exited at 0.11) -$174 Short 3 QQQ 7/10/15 Exp Calls From $51 Short 9 QQQ 7/10/15 Exp Calls From $702 Long 18 QQQ 7/17/15 Exp Calls From 0.16 On July 10th, the Short Calls Exited at 0.35 for a Gain of 1.17, or $351. The Long Calls Exited at 0.11 for a Loss of 0.29, or -$174, While the Short Calls Gained $51…All Said and Done for a Gain of $228.
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On July 14th, the 18 Remaining Calls Exited at 0.08 for a Loss of $144
Short 3 QQQ 7/10/15 Exp Calls From 1.52 (Exited at 0.35) +$351 Long 6 QQQ 7/17/15 Exp Calls From 0.40 (Exited at 0.11) -$174 Short 3 QQQ 7/10/15 Exp Calls From 0.17 (Expired Worthless) +$85 Short 9 QQQ 7/10/15 Exp Calls From 0.89 (Exited Early Avg 0.11) +$699 Long 18 QQQ 7/17/15 Exp Calls From 0.16 (Exited at 0.08) -$144 On July 14th, the 18 Remaining Calls Exited at for a Loss of $144 Trade 5 = $228 Trade 6 = $558
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Strategy: Time Warp – Neutral/Directional
Trade #7 Date: 7/14/15 Strategy: Time Warp – Neutral/Directional Market: SLB
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Time Warp - Directional
Short 5 SLB 7/17/15 Exp Puts From 0.98 Long 5 SLB 7/24/15 Exp Puts From 0.48 Short 5 SLB 7/17/15 Exp Calls From Long 5 SLB 7/24/50 Exp Calls From For a Credit of 2.31
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Time Warp - Directional
Short 5 SLB 7/17/15 Exp Puts From Long 5 SLB 7/24/15 Exp Puts From Short 5 SLB 7/17/15 Exp Calls From Long 5 SLB 7/24/50 Exp Calls From For a Credit of 2.31 At in 3-Days = +0.24
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Time Warp - Directional
Short 5 SLB 7/17/15 Exp Puts From Long 5 SLB 7/24/15 Exp Puts From Short 5 SLB 7/17/15 Exp Calls From Long 5 SLB 7/24/50 Exp Calls From For a Credit of 2.31 At in 3-Days = +0.24 Worst Case is -0.49
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Time Warp - Directional
Short 5 SLB 7/17/15 Exp Puts From Long 5 SLB 7/24/15 Exp Puts From Short 5 SLB 7/17/15 Exp Calls From Long 5 SLB 7/24/50 Exp Calls From For a Credit of 2.31 At in 3-Days = +1.62 Worst Case is +0.87
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Strategy: 1-2 Punch (Leaning Bearish)
Trade #8 Date: 7/16/15 Strategy: 1-2 Punch (Leaning Bearish) Market: IWM
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1-2 Punch Short 10 IWM 7/24/15 Exp Calls From 1.47 Long 20 IWM 7/31/15 Exp Calls From 0.36 Short 10 IWM 7/24/15 Exp Calls From For a Credit of If IWM Closes Below , I am Guaranteed a $1,230 Profit on this Trade
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Strategy: Time Warp - Aggressive
Trade #9 Date: 7/16/15 Strategy: Time Warp - Aggressive Market: QQQ
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Time Warp - Aggressive Short 5 QQQ 7/24/15 Exp Calls From 1.24 Long 5 QQQ 7/31/15 Exp Calls From 0.31 For a Credit of If QQQ Closes Below , I am Guaranteed a $465 Profit on this Trade
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Time Warp - Directional
Short 1 SLB 7/17/15 Exp Puts From 0.98 (Exited at 1.36) –0.38 Long 1 SLB 7/24/15 Exp Puts From 0.48 (Exited at 0.57) Short 1 SLB 7/17/15 Exp Call From 3.64 (Exited at 1.23) Long 1 SLB 7/24/50 Exp Call From 1.83 Exited at 0.42) -1.41 On July 17th, SLB Closed at and the Trade Exited for a Total Net Gain of 0.68, or $340.
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1-2 Punch Short 10 IWM 7/24/15 Exp Calls From 1.47 (Exited at 0.16) Long 20 IWM 7/31/15 Exp Calls From 0.36 Short 10 IWM 7/24/15 Exp Calls From For a Credit of On July 21st, the Calls Exited at 0.16 for a Closed Out Gain on That Leg of 1.31 Per Lot, or $1,
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1-2 Punch Short 10 IWM 7/24/15 Exp Calls From Long 20 IWM 7/31/15 Exp Calls From Short 10 IWM 7/24/15 Exp Calls From For a Credit of On 7/24/15 the Calls Were Essentially Worthless Combining With a Loss on the Calendar Spread Totaling $600 and Netting $710 on the Trade Based on a 10-Lot
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Except for 1 Small Problem…
Time Warp - Aggressive Short 5 QQQ 7/24/15 Exp Calls From 1.24 Long 5 QQQ 7/31/15 Exp Calls From 0.31 For a Credit of On 7/24/15 QQQ Closed at The Gain on This Trade Would Have Been Approximately 0.50, or $250… Except for 1 Small Problem…
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Time Warp - Aggressive Short 5 QQQ 7/24/15 Exp Calls From 1.24 Long 5 QQQ 7/31/15 Exp Calls From 0.31 For a Credit of On 7/17/15 QQQ Was Moving Higher and I Was Exiting Some 7/17/15 Expiration QQQ Trades in Another Account of Mine. When I Switched Over to This Account, I Got Sloppy and Did Not Pay Attention to the Expiration Date Thinking it Was a Similar 7/17/15 Trade I Had Just Exited…So I Ended UP Taking a Loss of 0.60 Per Lot, or $300 on This Trade
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Strategy: 1-2 Punch (Bearish)
Trade #10 Date: 7/23/15 Strategy: 1-2 Punch (Bearish) Market: QQQ
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1-2 Punch (Bearish) Short 11 QQQ 7/31/15 Exp Calls From 1.92 Long 22 QQQ 8/7/15 Exp Calls From 0.48 Short 11 QQQ 7/31/15 Exp Calls From 0.24 For a Credit of If QQQ Closes Below on 7/31, I am Guaranteed a Profit of $1,320
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Strategy: 1-2 Punch (Bearish), Delayed Hedge
Trade #11 & 12 Date: 7/29/15 Strategy: 1-2 Punch (Bearish), Delayed Hedge Market: QQQ
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1-2 Punch (Bearish) (7/29/15) Short 5 QQQ 8/7/15 Exp Calls From 1.90 Long 10 QQQ 8/14/15 Exp Calls From 0.50 Short 5 QQQ 8/7/15 Exp Calls From 0.27 For a Credit of If QQQ Closes Below on 8/7, I am Guaranteed a Profit of $835
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Delayed Hedge (7/29/15) Short 5 QQQ 8/7/15 Exp Calls From 1.21 Long 10 QQQ 8/14/15 Exp Calls From 0.23 For a Credit of If QQQ Closes Below on 8/7, I am Guaranteed a Profit of $375
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7/29/15
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7/29/15
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1-2 Punch (Bearish) Short 11 QQQ 7/31/15 Exp Calls From 1.92 (Exited at 0.90) Long 22 QQQ 8/7/15 Exp Calls From 0.48 (Exited at 0.00) Short 11 QQQ 7/31/15 Exp Calls From 0.24 (Exited at 0.00) For a Credit of On 7/31 the Short Calls Exited at 0.90 for a Gain of 1.02, or $1,122. The Calls Expired Worthless for a Gain of $264. The Long Calls Were Only Worth 0.06 So I Held Onto These. They Ultimately Expired Worthless for a Loss of $1,056 Netting $330 On This Trade.
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1-2 Punch (7/29/15) Short 5 QQQ 8/7/15 Exp Calls From 1.90 Long 10 QQQ 8/14/15 Exp Calls From 0.50 Short 5 QQQ 8/7/15 Exp Calls From 0.27 For a Credit of Delayed Hedge (7/29/15) Short 5 QQQ 8/7/15 Exp Calls From 1.21 Long 10 QQQ 8/14/15 Exp Calls From 0.23 For a Credit of 0.75
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Strategy: 1-2 Punch (Bullish Bias)
Trade #13 Date: 8/5/15 Strategy: 1-2 Punch (Bullish Bias) Market: GLD
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Long 4 QQQ 8/21/15 Exp 102.00 Puts From 0.75 For a Credit of 2.10
1-2 Punch (Bullish Bias) Short 2 GLD 8/14/15 Exp Puts From 0.48 Short 2 GLD 8/14/15 Exp Puts From 2.37 Long 4 QQQ 8/21/15 Exp Puts From 0.75 For a Credit of 2.10
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GLD on 8/5/15
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Delayed Hedge (7/29/15) Short 5 QQQ 8/7/15 Exp Calls From 1.21 Long 10 QQQ 8/14/15 Exp Calls From 0.23 For a Credit of 0.75 On 8/6, I Bought Back the Short Calls at for a Gain of 0.90, or $450. Assuming the 114 Calls Expire Worthless, the Net on This Trade Was $220.
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1-2 Punch (Bearish) (7/29/15) Short 5 QQQ 8/7/15 Exp Calls From 1.90 (Exited at 0.06) Long 10 QQQ 8/14/15 Exp Calls From 0.50 (Worth 0.06) Short 5 QQQ 8/7/15 Exp Calls From 0.27 (Exited at 0.00) On 8/7 I Bought Back the Short Calls at for a Gain of 1.84, or $920. The Calls Expired Worthless for a Gain of 0.27, or $135. The Long 113 Calls Were Only Worth 0.06 So I Held. Assuming They Expire Worthless, The Net on This Trade Was $555
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Strategy: Time Warp Neutral (Hedged)
Trade #14 Date: 8/7/15 Strategy: Time Warp Neutral (Hedged) Market: AAPL
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AAPL on 8/7/15
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Time Warp Neutral (Neutral)(8/7/15)
Short 5 AAPL 8/14/15 Exp Calls From 2.68 Long 5 AAPL 8/21/15 Exp Calls From 0.66 From a Credit of Short 8/14/15 Exp Puts From 2.04 Long 5 AAPL 8/21/15 Exp Puts From 0.96 For a Credit of 1.08
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Time Warp Neutral (Hedged)(8/7/15)
Short 5 AAPL 8/14/15 Exp Calls From 0.24 Long 5 AAPL 8/21/15 Exp Calls From 0.66 From a Debit of Short 8/14/15 Exp Puts From 0.51 Long 5 AAPL 8/21/15 Exp Puts From 0.96 For a Debit of 0.45
125
Time Warp Neutral (LV-Hedged)(8/7/15)
Short 5 AAPL 8/14/15 Exp Calls From 2.68 Long 5 AAPL 8/21/15 Exp Calls From 0.66 From a Credit of 2.02 Short 8/14/15 Exp Puts From 2.04 Long 5 AAPL 8/21/15 Exp Puts From 0.96 For a Credit of 1.08 Short 5 AAPL 8/14/15 Exp Calls From 0.24 Long 5 AAPL 8/21/15 Exp Calls From 0.66 From a Debit of 0.42 Short 5 8/14/15 Exp Puts From 0.51 Long 5 AAPL 8/21/15 Exp Puts From 0.96 For a Debit of 0.45 As of the Day of This Video, I am Sitting on a $900 Profit in This Position
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Strategy: Time Warp - Aggressive
Trade #15 Date: 8/10/15 Strategy: Time Warp - Aggressive Market: SPY
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Time Warp - Aggressive (8/10/15)
Short 10 SPY 8/14/15 Exp Calls From 1.16 Long 10 SPY 8/21/15 Exp Calls From 0.35 For a Net Credit of SPY Bounced and Provided a Potential Quick Trade, Since I Was in AAPL Already, I Only Did a 10-Lot. SPY Tanked the Next 2-Days and I Exited the Short 210 Calls at 0.08 for a Gain of $1,008. Assuming the Longs Expire Worthless, Total on the Trade = $658
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Long 4 QQQ 8/21/15 Exp 102.00 Puts From 0.75 For a Credit of 2.10
1-2 Punch (Bullish Bias) Short 2 GLD 8/14/15 Exp Puts From 0.48 Short 2 GLD 8/14/15 Exp Puts From 2.37 Long 4 QQQ 8/21/15 Exp Puts From 0.75 For a Credit of 2.10
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GLD on 8/12/15
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