Semana 30 / Week 30 ( 10/30/2015 expiration date)

Semana ganadora con el precio estrangulado entre dos niveles Fibos muy importantes, y los strikes colocados a una distancia prudente. Sin embargo no salió todo lo bien que se podía esperar, ya que al cierre del Lunes ganabamos 1250$, y el incremento de volatilidad por la caida del índice en la sesión del Martes redujo ese beneficio en un 35%

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Winner week with the price strangled between two important Fibo levels , so that strikes were placed at a safe distance. But It did not go as well as we could expect, since we were gaining 1250$ at the end of Monday session, and a volatility increase after the index big drop during  Tuesday session reduced Monday profit at 35%.

Index chart, pay attention to both Fibo strategic levels

Rvx index, This week volatility didn't help us

Brief stats after 30 weeks

Equity Line after 30 weeks, not so bad but It could be much better

Semana 29 / Week 29 ( 10/23/2015 expiration date )

Semana díficil, tras la brusca subida de mas de 25 puntos en la última parte de la sesión del jueves, que nos ha mantenido muy cerca del stop loss toda la semana, pero que se frenó gracias  a un nivel Fibo importante.. Finalmente cerramos con una pequeña ganancia, que hubiera sido mucho mayor en caso de haber esperado al miercoles, pero la disciplina es lo primero. Nuestra equity line sigue en claro lateral.

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Difficult week , after a sharp rise of more than 25 points in the last part of the session on Thursday, which has kept us very close to our stop loss for the rest of the week, although the trnd slowed down thanks to an Important Fibo level . Finally we closed with a small profit, that would have been much higher if we would have waited until the next day (Wednesday), but discipline comes first. Our equity line still remains flat.

Index and Volatility charts

Money management template

Semana 28 / Week 28 (10/15/2015 expiration date )

Semana tranquila, cerramos posición justo antes de la fuerte caida en las últimas horas antes del cierre del martes; que hubiera deteriorado la posición. Rango amplio que contenia posibles zonas de congestión, en el 61,8% del retroceso Fibonacci y el 50% de todo el impulso iniciado hace justo un año. Seguimos vendiendo los strikes mas alejados de una desviación típica, con deltas mas bajas que de costumbre , para asegurar la operación.

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Quiet and easy week, We closed position just before the sharp drop in the last session hours before the closing bell on Tuesday; that would have deteriorated the position. Range containing possible areas of congestion, at 61.8% Fibonacci retracement and 50% of all the momentum started just a year ago. We keep selling more strikes away from a standard deviation, with deltas lower than usual, to ensure the trade..

Chart and RVX index

Money management template after 28 weeks

Semana 27 / week 27 ( 10/09/2015 expiration date )

Movimiento brusco hacia arriba, gracias al desastroso dato de empleo de septiembre en Estados Unidos, que aleja la posibilidad de subida de tipos de interés. El mundo al revés y semana claramente perdedora. A seguir luchando contra el mercado, malas semanas para las weeklys. La paciencia es una virtud necesaria, en este tipo de estrategias.

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Sharp upward movement, thanks to the disastrous September unemployment rate, which puts the possibility of rising interest rates off . The world upside down and a clear losing week. Let's keep on fighting against the market, bad weeks for weeklys options. Patience is a necessary virtue.

Performance since Week 1 ( still involved in a long DD series ):