My Real $ Portfolio Trading Results

CLICK HERE




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!



Date Portfolio Value (with Gross P/L) Portfolio Value (with Net P/L)
01-28-06
$100,000
$100,000
02-28-06
102,962
102,038
03-31-06
109,640
107,774
04-14-06
116,013
113,797
05-11-06
123,771
120,680
06-02-06
128,367
124,319
07-02-06
141,640
136,139
07-19-06
146,676
140,798
07-31-06
147,534
141,525
07-31-06
148,532
142,523

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

Speculative Insights & "Paper-Folio" Options Trading

Analysis of the hedging and rebalancing of a "direction-neutral" option portfolio's greeks, as well as insights on directionally trading other *hot* markets.

Wednesday, January 10, 2007

Long time no post

I just checked the usage info for my blog here and I noticed I've been getting quite a few page views recently over the past 4-6 weeks... In case you're new to my blog, and looking for how it is organized, here's a table of contents of sorts:

Top part of the blog (ie: the post starting directly below this one): Just random trades based mainly on technical analysis. This is when I started getting real busy at work, and transistioning into a new role trading at a hedge fund which now consumes most of my time--this is also the reason why I haven't posted for about 3 months until now.

Middle part: Technical Analysis of futures trades (oil, bonds, equity indexes, etc), and the output/results of a couple algorithmic trading systems I developed.

Bottom of the blog (scroll all the way to the bottom of this webpage):
THIS IS WHERE ALL THE FUN IS!!
This part outlines, and provides many examples of my options trading styles and strategies. You can see how I trade a direction neutral, unleveraged, options only (and futures) portfolio using analysis of the greeks as the basis for portfolio construction and risk mgmt. This is my favorite way of trading, but had to abandon doing it for the profit of my personal account when I started working jobs with trading restrictions imposed--one day I'll be able to trade this way again and relive the good ol' days of grad school and making easy money in the SPX/OEX/SPY/RUT/IWM... :) Well, I guess it wasn't always "easy," but it was fun and not that difficult. You can see how I made great "paper-money" (not quite as fun as the real green stuff though!) in these trading vehicles by reading the record of papertrades I made trading when starting this blog. You can find these starting at the very bottom of this blog...

Please scroll all the way to the bottom of this webpage and read the very last past--this is actually the first post of the entire blog, since it chronologically puts the most recent post at the top of the page (this one) . I was updating the blog every couple of days back then and listing my current greek situation and how I put on options spread trades in order to neutralize/hedge my risk going into the next trading day/week.

-Justin
justin@justinlent.com

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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