Week 5 Performance Update

Another good week for the market and another good week for me. I wonder how long I can keep this correlation going? Didn’t look at the number but I think I underperformed against the market this week. But I am happy with my results this week considering the portfolio is…

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Captain’s Log 2019-01-30

Happy to announce today that “Pure Theta Fund” account have reached a new milestone. We finally got the account approved for Portfolio Margin. We were basically maxed out in margin before today. I got right to work and added more positions to get this account back on track. It’s going…

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Week 4 Performance Update

Week 4 was also tough. Even when the market was moving my way (down), I couldn’t squeeze out a positive gain. The overall portfolio turns slightly negative when the S&P was down a lot on Monday. The market turned up 4 days straight after that and it was a struggle…

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Week 3 Performance Update

Tough week! This month is looking like January 2018. Crushing bull move and perhaps an elevator ride down soon. Last year the peak was on Jan 26th. If the market loses any momentum this coming week. We could see a quick rush to liquidate and take profits. Or maybe not……

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Week 2 update

I went from being happy and optimistic about my short leaning portfolio to pessimism in week 2. I find myself defending my short ES futures contract with more and more SPY long shares added manually. If I didn’t roll down the SPY covered call early after that huge spike down…

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