Friday, February 26, 2016

Friday Position Update

XOP mark = 0.43, cost basis = 0.85 (+0.42)
  • IVP : 57
  • DTE : 28
  • PoP : 72.18%
GLD mark = 0.39, cost basis = 0.48 (+0.09)
  • IVP : 49
  • DTE : 22
  • PoP : 73.65%
SPY mark = 0.80, cost basis = 0.63 (-0.17)
  • IVP : 27
  • DTE : 28
  • PoP : 60.31%
FXE mark = 0.90, cost basis = 0.95 (+0.05)
  • IVP : 60
  • DTE : 36
  • PoP :  60.85%

I'm feeling pretty good about the XOP and GLD positions. Nervous about the SPY, will probably need to roll up the puts next week. At this point I will treat the SPY as a losing position and just aim to cut risk as much as possible while maintaining as high a PoP as possible, because you never know what's going to happen. I'm neutral on the FXE position, only having put it on this past Monday.

Overall the account is up 0.89% since inception (2/10/2016). Not bad but nothing has been realized yet. All positions are still on. 

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