Just read a short article on Ray Dalio’s fund Pure Alpha. I can’t believe people get paid to write dumb articles like this. It didn’t provide any insight. Just simply stating percentage return.
I beat the market last year too but I didn’t beat Ray Dalio’s return. So I should give up and give him all my money.
I don’t think so!
I’m giving my strategy a name and it’s going to be Pure Theta. Because most, if not all gains will be from theta decay.
The trade I made on $ITOT fall under this strategy. Let’s see how much premium I collect at the end of the year. It is $89 max so far.