ZenMode

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So we get the decay & a multiplying effect on returns of the underlying index of the leveraged ETFs, as they use option products to create the 3X leverage in these funds. Essentially decay on decay.

ZenMode Updated 

Current apple setup I have had going for a few weeks, grinding away at gains taking the other sides' time decay.

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Non Directional trade going again. Winner Winner here I think. Slight long bias 2.7 Delta and Theta decay is 4.6, but picking up fast here in the final three weeks here. Good luck traders.

ZenMode Updated 

Currently just waiting to find trend.

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Let me know what you think

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Great Pop% built into our directional silver long.

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This is my current gold long. Great position. Hope gold continues up. $1600 baby!

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Still long using gold futures. Great time to be a gold bug. Trade war is escalating and this is the safest place to be.

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Daily appears bullish, and I longed this weekend - however major resistance is at hand. Will build a bigger position if we breach the moving averages.

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Same deal here - good target I think is the 200dma

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High odds we hit the 200 day tomorrow

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TA says lower. most likely will touch bottom of the daily bollingers.

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Likewise, still long gold, but adding to position here. Once again, feels like I am paying a premium - but we will see where it ends up.

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Entered the start to a SLV position, at what may appear to be a massive premium. Total position will slowly be formed, but entered the long here using long call debit spread.

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Trading /ES futures using a delta neutral strategy again. Collecting tons of premium as we are only 4 days from exp. Looking for the market to stay in this tight range. I think this is a market makers week where we churn through some option decay. Position sizes are small. Great reward/risk!

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Will be closing out the trade on Friday - opt exps in 4 days. Collecting tons of theta with this trade, currently get more theta out of htis then the delta neutral /es futures trade. Hoping we chop sideways this week. We shall see how it works out! - please be aware this trade does have a slight long bias. I'm sure though as we get closer to expiration the...

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Currently in a long put debit spread. Looking to tag bottom of bollinger. With the current trade war, and farmers being hammered in the midwest, we have technical analysis supporting the bearish macro narrative. Tough year on farmers, isn't the year they are going to be making investments in new big AG equipment. Trading it short while also COLLECTING time...