Post by huh on Aug 23, 2015 6:36:40 GMT -5
I'm closing all of the active short calls I've posted here over the last year or so (most are from the last couple months). I'm not closing them for technical reasons, but for personal ones. Basically, I don't short individual stocks, and it's time consuming & frustrating to monitor them. Besides, I doubt anyone is benefiting from them anyway.
26 active short calls
100% currently in the money for an average gain of 22% (39% did better than the average, with an average short gain in those of 36%). And that'll be even better should the market see more downside tomorrow.
Best to close these while ahead. Add these to the stats I posted the other day, and it's pretty impressive on the short call side - 93% success rate with overall average gain of nearly 26% (and average gain would be better if I'd simply ignore those plays for expected gains of 20% or less).
And that's during a bull market! I should be working for a hedge fund or something (or pumping my own subscription service using an avatar of me wearing a suit and a cheesy smile)
Who knows. Perhaps my long call performance will see a dramatic jump once the market is in a confirmed bear market.
26 active short calls
100% currently in the money for an average gain of 22% (39% did better than the average, with an average short gain in those of 36%). And that'll be even better should the market see more downside tomorrow.
Best to close these while ahead. Add these to the stats I posted the other day, and it's pretty impressive on the short call side - 93% success rate with overall average gain of nearly 26% (and average gain would be better if I'd simply ignore those plays for expected gains of 20% or less).
And that's during a bull market! I should be working for a hedge fund or something (or pumping my own subscription service using an avatar of me wearing a suit and a cheesy smile)
Who knows. Perhaps my long call performance will see a dramatic jump once the market is in a confirmed bear market.
