Friday, March 17, 2017

Weekly Trade Summary: Mar 12-Mar 18

No new trades or adjustments this week.  Metrics are the same as last week.

I currently have 8 open trades, with expirations in March (1), April (3), and May (4):
(click to enlarge)

Total defined risk for these trades has decreased with the trades closed last week and is currently at 50.1% of the account net liquidation value. This risk is broken down into the following groups:
  • 12.6% of net liq - DOTM BWB
  • 37.5% of net liq - core BWB (at 75% of target size, but increasing with new trades)
14 trades have been closed this year...9 wins and 5 losses. Return on the account for the year is at 1.7%.  Total win rate is at 64%.  Win rate on core trades is at 69% and within the expected range.

Follow my blog by email, RSS feed or Twitter (@DTRTrading).  All options are available on the top of the right hand navigation column under the headings "Subscribe To RSS Feed", "Follow By Email", and "Twitter"


Highlander said...

What do DOTM BWB stand for? Did you use same strategy for the above 8 trades? If so why do the entry prices so different?
Thank you for sharing.

Dave R. said...

I mentioned the acronyms in a prior post:
DOTM - Deep Out Of The Money
BWB - Broken Wing Butterfly

Different entries (DTE, etc), market conditions (IV, etc), and structure (wing widths, etc) result in different prices.


Post a Comment