Automated Options Trading #4: Analyzing EV portfolio after 168 closed trades

[@joezip6389]

Please keep doing updates on this. OA improves and changes so fast, it is hard for me to keep up. I love OA!

[@OptionAlpha]

That's the plan!

[@wmbrice]

Nice update, thanks Kirk!

[@ksoonsoon]

Outstanding. Go man go. Yeah let’s see another portfolio with the only adjustment being longer-term DTE. Part of me also wonders if there should be individual portfolios for stocks versus ETFs?

[@OptionAlpha]

Yeah the differences in Stocks vs ETFs was very interesting to see. I'd love to see a lot more data on this before we split them up but we've seen these differences before present themselves in research for technical indicators like the RSI signals research here: optionalpha.com/library/rsi-signals

[@ksoonsoon]

@@OptionAlpha Keep up the great work. Love this stuff!!!

[@LongTermStockInvestment-iy2tn]

i'm going to get some IC losses today on SPY on the EV bot

[@marcusjones9043]

Absolutely loving the EV and Alpha updates guys this is a game changer. I’m attempting to paper trade test with my own EV bots and fairly new to this. Quick question Kirk - is EV and the probability factoring into EV already screening strategies for market conditions? I.e highest EV and Alpha values for put credit spreads in a bull market? Trying to figure out if I need my own screens before an EV bot trade. Thank you!! Marcus

[@OptionAlpha]

You can rank positions and filter by bullish/bearish/neutral but it's not arbitrarily choosing a side unless you specifically tell it to look at only bullish trades. Does that help?

[@dlbrown06]

Hey man, I’m a Dad from northwest Ohio - we gotta meet up sometime and grab a coffee or something. Would love to pick your brain and share some feedback on my new experience with Option Alpha.