I’m still in the game, following my game plan, and as you can see I forecasted to be down 7% if hit both my down-side adjustments, as it turns out I’m down -7.5% after going beyond the second adjustment point, not bad.. One think I noticed was that adding the cut&Roll and the extra iron butterfly ended up costing me about 2% in ROI, I would be down only 4.5% if had executed only the hedging adjustments.. I think this will pay off Tomorrow if we pull back slowly and volatility comes back a notch or two.
Bottom line, I needed to increase theta and so I did as I had previously planned to do. No hesitation.
Bottom line, I needed to increase theta and so I did as I had previously planned to do. No hesitation.
No comments:
Post a Comment