XLF

Adjusting Call Ratio Back Spread: XLF -> NRZ

Call ratio back spreads is my second favorite option trading strategy, after covered calls.  In today's article, I'm going to share how I adjusted (with a small loss) a suffering call option with an expiry set in just two days. But before…

Trading Results Week 15/2020 (+$91.80)

Trading week 15/2020 lasted from April 6 until April 9, 2020, just 4 days for trading as on April 10, The Good Friday was observed. This week I traded ratio back spreads on ET, PBCT, NRZ, and GPS. All but GPS are dividend stocks I own or…

Trading Results Week 12/2020 (+$98.00)

Trading week 12/2020 lasted from March 16 until March 120 2020 This was another disastrous week in the market, I faced at least one more margin call, but I managed to buy back and increase some positions even double. To free up some cash I…

Recovery Plan 2.0 Ratio Back Spreads

On March 12, 2020, markets tanked more than 20% from their all-time high's in February, I faced a margin call, my positions were force liquidated - nothing good. I took a direct loss of more than $2,500 from sold stocks with a loss +…