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Options 003- Long Short Term slightly OTM Put Vertical Spread 1 day hold

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This is a research report with the following parameters:

Tickers: SPY | QQQ | DIA | TLT

Holding Period / Exit : 1 day exit (11am next day)

Core Position: Buying a 5-7 day duration, slightly OTM put vertical spread and closing it next day at 11am EST.

Max Risk= Debit Paid

Max Reward = Distance between strikes - debit paid

(Ex: With stock at $150, buy 1 148p / sell 1 146 put

Delta ~ -.2 IV regime: 14-17 % implied volatility

Proof of Concept?

1) Can a 1 day put vertical be useful as an insurance policy against a down move on the underlying ticker.

2) which filter provides the best average profit(loss)

Filters used:

1) buy put vertical daily at 3:50pm

2) buy put vertical after 2 higher highs on the 10m chart

3) buy put vertical after 2 lower lows on the 10m chart

4) buy put vertical after an opening range breakout to upside

5) buy put vertical after an opening range breakout to downside

Video length ~43minutes