Jeff:
On my overall $$’s allocated to the DLS strategy (which includes significant cash earning fairly miniscule returns) it is approximately 20% a year, if you look at only the dollars invested in the actual Long Leaps and $$’s received from the sale of short calls, it is a bit over 32% avg ann return.
Ken
From: ConservativeOptionS
Sent: Tuesday, March 02, 2010 7:20 AM
To: ConservativeOptionS
Subject: RE: [ConservativeOption
Ken,
What is your avg. annual return since 2008?
Thanks,
Jeff
From: ConservativeOptionS
Sent: Tuesday, March 02, 2010 1:24 AM
To: ConservativeOptionS
Subject: RE: [ConservativeOption
Rob:
I also started trading it in 2008 (a bit after you) and the market went into the toilet, but based on my feeling that the market would come back, I followed the DLS “plan” even though my worst drawdown was probably on the order of about 35%-40% or a bit more. I bought more Leaps as the market went down, sold appreciated Leaps when I had to buy back SC’s that were ITM on the way back up, and overall have generated significant income along the way, and my Leap positions are now also very much in the green as well. I rolled the Long Leaps when appropriate and am quite happy with the overall results even though I will be honest and say I did have some 2nd thoughts during the worst of it, but having been through several severe “crashes” before, I felt the market would come back, and even though not to its original highs, my perseverance has definitely paid off.
I used 3 ETF’s along the way, SPY, IWM and EFA and am actually hoping for a bit of a retracement to be able to invest more cash at better prices in the strategy.
Hope this helps.
Ken
From: ConservativeOptionS
Sent: Monday, March 01, 2010 11:47 PM
To: ConservativeOptionS
Subject: [ConservativeOption
Ken, I must have missed the post, but how long have you been trading the Call DLS? I started in January of 2008 and did very well until the downturn. I pre-decided to stop if the account declined 20% from my starting point. I stopped, but with a little more than a 20% loss.
RFH
--- In ConservativeOptionS
>
> Jeff:
>
>
>
> DrJoes DLS strategy that I have been trading is his DITM Leap Call Strategy
> vs. Monthly Short Calls as detailed in his paper in the files section. I
> have not used his Leap DITM Put strategy, although after reading his paper
> and some of his posts here I will be spending some time studying it and
> possibly implementing it at some time in the near future if I find I
> understand it as well as I do his DLS strategy.
>
>
>
> Ken
>
>
>
>
>
> From: ConservativeOptionS
> [mailto:ConservativeOptionS
> Sent: Saturday, February 27, 2010 3:40 PM
> To: ConservativeOptionS
> Subject: [ConservativeOption
>
>
>
>
>
>
>
> --- In ConservativeOptionS
> <mailto:Conservative
> <ken_ginsberg@> wrote:
> >
> > Jeff:
> >
> > Let me just say I have been trading DrJoes DLS strategy since ...
>
> ------------
> Ken,
>
> Great to know that DLS is working for you.
>
> Can you pl. update us if you are trading the LEAP strategy or selling short
> term PUT against the DITM LEAP PUT strategy?
>
> Thanks,
>
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