Thursday, April 25, 2019

Delta Neutral Update 04.25.2019

We haven't posted DN results for a while because we are in one of those extended lull periods where volatility has leveled off and intraday reversals are common.  Those are tough times to trade as we get stopped out of positions on a regular basis as opening gaps up or down get reversed during the course of the day so that the other side of the DN trade gets stopped out and we're left with little gains and often small losses as our trailing stops trigger.  What's interesting right now is that volatility appears to be on the upswing and if that happens with a vengeance then we'll be back in the money making mode.  For now we just play it one day at a time and enjoy the longer term gains.