Creators of the OptionsPro+AI for Traders Seeking Real-Time, Powerful Insights. CFA, blended background in Finance/CS/EE holding PhDs, Not Financial Advice.optionspro.io United StatesJoined March 2023
MSI closed at -1.2 today, the first time this year it has exceeded the [-1, 1] range. Normally, it is not a good sign, so we took a profit and closed our sell-put positions.
#Market#SPX#VIX#MSI
MSI closed at -1.2 today, the first time this year it has exceeded the [-1, 1] range. Normally, it is not a good sign, so we took a profit and closed our sell-put positions.
#Market#SPX#VIX#MSI
It's been a while since we've posted about MSI, but the model has been performing really well. Today, we're dropping one, it sensed a downturn 5 minutes early, so we hedged the risk. At the end of the day, no increased panic, we actually saw the MSI green zone expand, so sold…
Market outlook: Lateral consolidation with an upward trend. Strategy: Sell put, or sell strangle (positive Delta). No downtrend signal has been observed yet, but we have gradually added some weekly and monthly hedgings. #TradingStrategy#MarketOutlook
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