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My Real $ Portfolio Trading Results
CLICK HERE
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JUSTINLENT.COM focuses on 4 things...
#1. Direction-Neutral Options Trading
#2. Uncorrelated Trading Strategies
#3. Directional Futures Trading
#4. Strategies for Speculation
...and if that doesn't excite you... well... you're probably better off playing the lottery!
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| Date |
Portfolio Value (with Gross P/L) |
Portfolio Value (with Net P/L) |
| 01-28-06 |
$100,000
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$100,000
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| 02-28-06 |
102,962
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102,038
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| 03-31-06 |
109,640
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107,774
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| 04-14-06 |
116,013
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113,797
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| 05-11-06 |
123,771
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120,680
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| 06-02-06 |
128,367
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124,319
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| 07-02-06 |
141,640
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136,139
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| 07-19-06 |
146,676
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140,798
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| 07-31-06 |
147,534
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141,525
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| 07-31-06 |
148,532
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142,523
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The JustinLent.com $100,000 "Paper-Folio"
The "Paper-Folio," started in January 2006, is now profitable:
+42.5% Year-to-date.
CLICK HERE to see the actual trades.
(Excel format available for download.)
I do all my trading at www.ThinkOrSwim.com
***I started paper-trading this strategy as a hobby since I had to stop trading it for my real portfolio due to trading restrictions imposed by my new employer (a large Wall Street firm). I still paper-trade it simply because I'm passionate about options-trading, and I want to keep my hand in it so these trading skills stay sharp***
To see the results I achieved while trading this for 18 months in my real portfolio, click here.
If you're interested in hearing more about the strategy, contact me at: justin@justinlent.com
Putting Cash to Work
I have the day off of work tomorrow (July 3), and the market's open for half a day of trading. It's been a while since I've been able to open positions during market hours (since I'm usually working). I'll be looking to put some of my cash position to work and initiate some new positions tomorrow. Looks like to VIX is down pretty hard as a result of the rally late last week. Given SP futures are up tonight, we could have a strong open which will likely depress the VIX even more. Given these conditions I'll likely be opening calendar and diagonal positions tomorrow, eventhough I'd like to sell some near month verticals on both the put and call side (iron condor) as July expiration is approaching in 3 Fridays. But I'd much rather sell vol on a spike in the VIX so I'll wait and see if the broad market sells off sometime this week causing the VIX to spike up back to the 15-16 level before I sell my iron condors.
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papertrading, stock trading, stocks, options, iron condor, diagonal, double diagonal, spread, calendar spread, butterfly, butterfly spread, butterflies, delta neutral, delta-neutral, gamma, vega, theta, time decay, gamma scalping, option trading. thinkorswim, think or swim, "Justin Lent", justinlent, Justin Gene Lent, Santa Clara University, SCU MBA, Wall Street, wallstreet, SCU Finance, S.C.U., iron spreads, absolute return strategy, options strategy, option trading strategy, option portfolio, option strategies, options strategies, stock option, stock options, index option, index options, S&P 500, S&P500, Russell 2000, Russell2000, trading the S&P500, trading the S&P 500, S&P500 futures, S&P 500 futures contract trading, daytrading, day trading, swingtrading, swing trading, day trader, daytrader, intraday trading, intra-day trading, futures trading, index futures
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