Automated Options Trading #6: Analyzing EV portfolio after 471 closed trades

[@wmbrice]

Great stuff, Kirk, thank you!

[@OptionAlpha]

Glad you enjoyed it!

[@ksoonsoon]

By the way, thanks again for this video and all videos like it. This is a tremendous learning platform

[@OptionAlpha]

Our pleasure!

[@wa6580]

Love this EV series, please keep 'em coming! I saw all the symbols except the last two after XLF and XLU due to your pic Kirk :) if you could please let me know what they are? Thank you so much

[@ksoonsoon]

Would it be possible to back test the new configuration and then compare it to future live paper trading? That could be an intriguing comparison.

[@OptionAlpha]

Can't backtest trade ideas since most backtesting data is only EOD.

[@ksoonsoon]

@@OptionAlpha is there no way for you super smart people over an Option Alpha to be able to get access to some back test data that would work in a situation like this? Is anything impossible for you? ;)

[@gapperx9068]

What's the duration of your 470 Occurencies? Don't know what you have set on yoir stop losses for those Put spreads. But, wondering it's set too low. As those should have high POPs and work out for ya.

[@OptionAlpha]

Until the new changes in the video, we had set trade ideas for under 5 DTE and most entered around 3 DTE. We didn't set any stop losses on any trades.

[@gapperx9068]

@OptionAlpha ah OK. That's certainly a factor. Still, over 70% win rate. Pretty good. So, one more question. If you don't mind. Looks like a good size draw down on your stats page in the beginning. Then nice recovery. Was the recovery after some modifications to the strat? Thanks and 1st time seeing your videos. Good job One more thing. Do you have any live trading examples for your Bot?

[@OptionAlpha]

No modification to the bot, just more trade data is coming in. I expect to see more ups and downs as the trade count continues to go higher. No live trading examples yet because we just started this "experiment" to see if there was something worthy of live trading. If we do in the future then of course I'll keep sharing those insights good or bad.