August 22, 2017

Remember, This is a Marathon and Not a Sprint

Yes, I am finally back on the blog after what seemed like an eternity on the Insiders Page. For some reason it is just much more fun writing on the blog and I hope it inspires me to write more frequently in the future.

As for the strategies, well, it has been quite some time since our last trade. While I am not concerned (just look at the overall performance over the past three years while the rest iof the market has been tumbling) I know many of you have issues with the lack of trading. As it states on the website, the ETF Extremes strategy can go months without a trade, ultimately it is the long-term performance that matters. If you are looking for a short-term fix then this is not the strategy for you. I have seen way too many options strategies do well over a course of a few months only to blow up and then proceed to take heavy losses. I will not accept that as a strategy. I am in this for the long haul. Remember, this is a marathon and not a sprint.

Overbought-Oversold levels for May 27, 2009

ETF Extremes Options Trading Strategy

* S&P 500 (SPY) – 46.3 (neutral)
* Dow Jones (DIA) – 43.6  (neutral)
* Russell 2000 (IWM) – 52.0 (neutral)
* NASDAQ 100 (QQQQ) – 60.6 (neutral)

Other ETFs 

* Ultra Long (SSO) – 45.7 (neutral)
* Ultra Short (SDS) – 51.5 (neutral)