My First Options Trades
Realizing that retirement is not so far out anymore and that I need to start working on finding ways to generate extra income, I have explored several ways to earn …
Entry 5 August 23: Limiting the Number of Plays
In the past four weeks, I have been limiting the number of plays and again have been winning; I have recovered my losses since I started trading options last year. …
Entry 8 July 23: Winning by Following Rules
In the past two weeks, I have been winning after stricter following the rules I set up for myself. With tastylive’s lookback engine I backtested at different time periods (all-time, …
Entry 24 June 23: Stricter Following Rules
Improving options trading has everything to do with stricter following the rules you have set up for yourself. I, therefore, did a clean-up of positions going over my loss targets …
Entry 10 June 23: Low Volatility is Risky
For short premium traders, low volatility is risky. This has everything to do with the risk-reward being worse. You get less premium to compensate for outlier risk (skew). Therefore, I …
Entry 20 May – 3 June 23: Using ChatGPT and Sage
I am using ChatGPT and Sage to automate my trading journal, and I am more than impressed with how they can help me. I am mainly doing this because updating …
Entry 29 Apr – 13 May 23: Automating My Trading Journal
I am automating my trading journal, mainly because it takes too much time to update it regularly. So this is also why it was already three weeks ago that I …
Entry 22 Apr 23: Trading in Low Volatility
Trading low volatility is complicated Options trading in low volatility (VIX at 16.77) remains is tough. We are sailing in the doldrums now waiting for the wind to pick up …
Entry 8 Apr & 15 Apr 23: Becoming an Options Trading Quant
One Month of Learning with Python to Become a Quant Finance Trader This was my last week learning to become an options trading quant, doing the Getting Started with Python …
Entry 26 Mar & 2 Apr 23: Learning Quant Finance
Getting Started with Python for Quant Finance This was my third week learning quant finance, doing the Getting Started with Python for Quant Finance. The course has been set up …
Entry 18 Mar 23: Wild Week for Banks
It was a wild week for banks due to the downfall of SVB and Credit Suisse plummeting. SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 …