August 17, 2017

Back By Popular Demand

Yes, I am finally back after a long hiatus from the daily options blog. Quite a few of you have requested that I return to my daily writing ( after over two years of daily posts) and I have decided to oblige. Partly, due to the ongoing success of my overbought/oversold readings and how they have led to the success of the ETF Extremes Strategy.

It has been months since our last trade in the ETF Extremes Strategy, yet we are still up over 12% on the year and our average gain per trade since the portfolios inception over three years ago is 7.8% with a win ratio of 82.6 (19/23 trades). The max loss is only (-17.6%) while the max gain is 22.1%. As I have always stated patience pays in this strategy and as you can see the performance over the past three years (when the market was tanking) speaks for itself.

I will be back tomorrow with more options-related info including a discussion about Iron Condors and a few other topics. Stay tuned., yo just might learn something valuable.



Overbought-Oversold levels for August 3, 2009

ETF Extremes Options Trading Strategy

* S&P 500 (SPY) – 90.6 (very overbought)
* Dow Jones (DIA) – 89.7  (very overbought)
* Russell 2000 (IWM) – 85.7 (very overbought)
* NASDAQ 100 (QQQQ) – 82.2 (very overbought)

Other ETFs

* Ultra Long (SSO) – 89.0 (very overbought)
* Ultra Short (SDS) – 10.1 (very oversold)