Quick summary: Predicting markets to end the week higher Trading SPY condors at 380/381 to 394/395 and SPY call at 380 Trading DIA condors at 307/308 to 317/318 and DIA call at 308 Watch this tutorial video to see how we trade this and how to
Hi, I'm new to the substack. I'm trying to wrap my head around all this.
So these price predictions are submitted by survey participants on Tuesday and then Wednesday the confidence intervals are sent out to all poll participants. So if you complete the poll, you will be emailed the confidence intervals?
My next question is when is the stop loss executed for both the condor and the hedger call or put? It sounded like you execute the stop loss when you receive a 50% loss on either. Do you execute this right before market close, or as soon as the strategy loses 50% or more?
Lastly, how do you determine which way you want to hedge? if the BASON model predicts a higher week, you'll buy a call at the same strike as the upper bound of the condor? If the BASON model predicts the market to fall you will buy a put at the lower bound strike of the condor?
Hi, I'm new to the substack. I'm trying to wrap my head around all this.
So these price predictions are submitted by survey participants on Tuesday and then Wednesday the confidence intervals are sent out to all poll participants. So if you complete the poll, you will be emailed the confidence intervals?
My next question is when is the stop loss executed for both the condor and the hedger call or put? It sounded like you execute the stop loss when you receive a 50% loss on either. Do you execute this right before market close, or as soon as the strategy loses 50% or more?
Lastly, how do you determine which way you want to hedge? if the BASON model predicts a higher week, you'll buy a call at the same strike as the upper bound of the condor? If the BASON model predicts the market to fall you will buy a put at the lower bound strike of the condor?
Thanks.