[TheOptionClub.com] For Joules - Batman file

 

Hi Joules,

Thank you for posting that file regarding the 'batman'strategy.
To me, it looks more like a combination of two BWB.The chart looks great, however if I look at the numbers, Theta : almost 3, commissions in and out will cost 24, so you would have to hold the position for 8 days in order to pay for the comms only .... not taking into account slippage....
I have tried this with SPX and NDX (in order to reduce the comms cost) however slippage is MUCH MUCH higher, so the profits in reality are not what the graph shows!!
Anyhow, if I had an account with e-options I might consider this type of strategy with SPY.

Still hoping that one day somebody will post about his fill experience with e-options.
Have a great day!!

berbo

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