9.12.2023
inception price action
Non-directional trade.
This is the 23rd trade for this calendar year.
This trade utilizes the power of extrinsic time decay of options, and follows strict entry/exit/adjusting criteria. My approach is to remove the directional bias and opinion about the market, and just leverage the power of time decay.
The trade is managed via a "once a day" peek at the market, and will get automatically closed after 60 DIT (days in trade) regardless if target profit is achieved.
There are resting GTC (good til cancelled) orders on the server to attempt and target desired profit targets.
Anywhere in the "peak profit" zone is where maximum profits occur.
Happy Trading All!
-kevin
Trade active:
9.21.2023
adj1 - corrected DELTA
adj1 - corrected DELTA
Trade closed manually:
Force Index firing x previous 3 trading sessions. Begin unwinding trades.
Breakeven trade results.
Breakeven trade results.