Skip to content

9 Comments

  1. Tomaz
    October 25, 2019 @ 12:07 pm

    Great! Thanks for the fantastic research you do. I have yet to find similar website with such good info, back-tests, logical explanations etc..

    Reply

  2. Uri
    November 12, 2019 @ 1:26 pm

    What is 0 DTE?

    SPY short put 0 DTE? it need to have at lest 1 day (1 DTE) to sell it…

    also what do you do, when it finish in the money? (you close with a loss?)

    thanks!

    Reply

    • spintwig.com
      November 13, 2019 @ 4:30 pm

      0 DTE positions are same-day expiration. For example, opening a position Wednesday morning or afternoon with a Wednesday expiration.

      ITM positions that are held till expiration are “bought back” at the closing price (this methodology is the same whether the study is 0 DTE or 45 DTE). Trade P/L and Win/Loss status is calculated after factoring in initial premium received and commission costs.

      Reply

  3. Coop
    April 11, 2020 @ 9:11 pm

    If 10D is the greatest risk/return…then why do you recommend 5D in your Trading Options Efficiently posts?

    Thanks so much for your posts, they’re amazing! Best I’ve found on the inter web.

    Reply

    • spintwig.com
      April 12, 2020 @ 9:50 am

      That’s because this is a completely different trade than what’s used in the Trading Options Efficiently mini series.

      The mini series focuses on a 45 DTE trade. This is on a 0 DTE trade that also experiences materially more timing luck due to the non-100% time-in-market exposure.

      You’re welcome! Appreciate the positive feedback!

      Reply

  4. Tintintrading
    April 13, 2020 @ 7:43 am

    Hi,
    Firstly, your website and data look fantastic, thank you. It is really great reading.
    I have a question on ‘D’ in the above, you state that the 10D @ 50D is best risk-adjusted reward, would you mind expanding on this, do you mean the delta? and if so, what does 10 delta at 50 delta mean? I haven’t seen any other reference to ‘D’ other than talking of delta and I think I have got confused!

    Thank you in advance for your input, really am finding your research very insightful,

    Best,

    Reply

    • spintwig.com
      April 13, 2020 @ 12:48 pm

      Thanks for visiting Tintintrading! Glad to hear the info is helpful.

      Yes, the “D” is shorthand for “delta.” The “10D @ 50D” is a typo – good catch! It should read “10D @ 50% Max Profit or Expiration” I have corrected it 🙂

      Reply

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.