Data Analytics and Research | SalesForce Consulting
Jack Schwager: How were you able to make consistent gains trading options?
John Bender:To make money in options, you don't need to know what the price of a stock is going to be; all you need to know is the probability distribution. If the Almighty came to me and said,"I won't tell you where IBM is going to be 1 month from now, but you've been a pretty good boy, so I will give you the probability distribution", I could do the math....
John Bender of Soros Fund Management & Quantum Fund from "Market Wizards" by Jack Schwager.
120 USD. Hourly consult. Email us to request a time slot.
FREE. Compares going Long TLT daily from 2010 - 2016 vs. Long TLT after 3 higher highs vs. Long TLT after 3 lower lows.
50 USD. Compares going long TLT daily from 2010-2016 vs. long after a 10-200 day moving average crossover with a 5% profit/loss target or 300 day holding period.
50 USD. Compares going long TLT daily from 2010-2016 vs. long if TLT touches a 1 hour LOWER 2 standard deviation volatility band vs. long if TLT touches a 1 hour HIGHER 2 standard deviation volatility band. Position is held for 6 month or 5% profit or 5% loss.
70 USD. Compares shorting an OTM put vertical spread (~20 delta) daily from 2008-2017 vs . buying after 3 higher highs vs. buying after three lower lows on the daily chart.
70 USD. Long a 5 day ~ATM put vertical ( ~ -.2 delta). Buy on a Monday , sell on friday expiration UNLESS market moves up or down by a certain threshold ($2-$3) at which point position will be liquidated without waiting for Friday. Possible "insurance policy" against other put selling strategies. Simulations under a 14 implied volatility with a slight put skew on 4 tickers- TLT, QQQ, SPY, DIA.
70 USD. Long a ~ 5 day slightly OTM put vertical (~-.2 delta) and close out 1 trading day later. Possible " insurance policy " to protect against a down move by the underlying ticker. This report compares the performance of 5 put verticals with each one using 1 of the 5 triggers > daily at 3:50PM EST | after 2 higher highs on the 10m chart | after 2 lower lows on the 10m chart | after an opening range (9:30-10am) upside breakout | after an opening range (9:30-10am) downside breakout.