domingo, 27 de diciembre de 2015

Weekly Portfolio Analysis 27th December 2015

And the Xmas rally is here at least!!   the markets soared this week making the SPX up +2.76% and the RUT +2.77%. Yield to date SPX is up 0.10% and RUT -4.15%. With only 5 days remaining to year end Bellini is up +9.72% before comissions.

Currently there is only 2 positions opened, both PS on SPX and RUT. Looking good with no concern over 98% probability of success

Markets are in no man land, so we will try to open Feb16 positiones with Iron Condors well OTM

Both SPX and RUT seem to be moving inside a range market.

domingo, 13 de diciembre de 2015

Weekly Portfolio Analysis 14th December 2015

Markets falling sharply, commodities plumbing? Yellen about to raise interest rates? we don't know the reason but we do know we are on an oversold market after Friday plunged. monday will fall again and hopefully will add Feb OTM put spreads to the box.

Last week we took 2 new positions during the week on January 16 cycle and close with profit a Call Spread.

The S&P 500 went down -3.79% thist week to 2012, YTD -2.26%. And Russell 2000 went down -5.05% making a YTD to -6.73%. Our Bellini portfolio is up +7.85%

There is only 5 days left for December positions expires OTM  and the three  positions look compleatly safe, and luckily will add +1.39% to the yield portfolio for 2015.

For 2016 positions we need to be on alert as this markets falling sharply could make us defend some of the trades. Although also I see a good oportunity to sell out of the money Feb16 positions.

We already profited +1.06% closing the 2230/40 CS SP500 on 0.1 debit for a nice total 0.7 premium.
We have now opoened:

PS 1850/60 SPX at 0.6 with Delta 17 and 83% prob of ending OTM
PS 1000/10 RUT at 0.6 with Delta 11 and 89% prob of ending OTM.

Looking at the markets we see the VIX soaring, just as it did at the end of summer, showing might have be more trouble ahead.

SPX is about to be on oversold according to Stochastics and will fave soon the 2000 support.

RUT is already on oversold might find next support at 1100.