As stated in the first article for the GTC Sample Portfolio, we’re keeping our quantitative processes private; but will share the moves we make on an actual portfolio. And please note our risk statement.
We posted the adjustments in the Member Area earlier in the day. First of all … we were sitting on some profit with the Oil Strangle. So we took that position off when Oil started to break above the highs of the day. We ended up closing the USO strangle at 0.24 per, so something like a 0.20 per profit there.
Then, we closed down the XLU debit spread. Figures, I was debating a debate spread in either FXI, or XLU, and chose XLU. Should have chosen FXI, as that was the better trade. But there’s no way to know that ahead of time. Regardless, XLU didn’t pick up with the speed that I wanted to, but it was a small profit. So we exited that one at 0.52 per put debit spread, for a small 0.14 per profit.
Thus, ending the month, we’re a little light on short-term trades. All we are left with, is the TBF and TLT positions, which is actually up due to the way we placed the trade. We still hold all of all longer-term core positions, unhedged (IBM, SPHD, PCY, JNK, XLU, KR, COST, DEO, UNP, WFC and NTSX) and are counting the dividends when they come in.
Stay safe and trade well …
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