📉 Bearish
📈 Bullish

Credit: $79 Max Loss: $321

Annual Return:

458%

Odds of Profit (?)

68%

Trade Edge (?)

+ $16

Historical Performance: 135 Trades

+ 6% Annual

Daily Optimized Bullish Trade Payout in 1 Days

Potential Profit Potential Loss Price Distribution

Sell 4 MGM 10/18/2024 40.50 P @ $0.27

Market Probability In The Money: 46%

Buy 7 MGM 10/18/2024 39.50 P @ $0.04

Market Probability In The Money: 10%

⚖️ Trade Balancer

Underlying Correlation: -0.53 Video Tutorial

Underlying Correlation: -0.32 Video Tutorial

Current Options Pricing

X Axis: Price of MGM
Dashed blue line: Helium estimated price
Dashed orange line: Market last price
Vertical orange line: MGM last closing price

Historical Performance

Total Return: 5% (6% Annual) Average P/L: $38.93 # Trades: 135 Success: 65%

X Axis: Time Y Axis: Cumulative % return

Vertical lines: Days with new trades added

MGM trading strategy historical performance histogram

Download Trade Log

Sensitivity to Volatility

X Axis: % price change of implied volatility (uncertainty)
Y Axis: potential profit or loss due to current changes in implied volatility

Trade Carry

X Axis: days projected into the future
Y Axis: potential profit or loss due to time

Greeks

Delta (?): $117.9
Beta (?): $-12.3
Theta (?): $12.0
Gamma (?): $-66.6
Vega (?): $-0.9

Optimized October 17, 2024. Share Link:

Credit: $114 Max Loss: $636

Annual Return:

121%

Odds of Profit (?)

79%

Trade Edge (?)

+ $26

Historical Performance: 136 Trades

-5% Annual

Daily Optimized Bearish Trade Payout in 8 Days

Potential Profit Potential Loss Price Distribution

Sell 5 MGM 10/25/2024 41.50 C @ $0.43

Market Probability In The Money: 32%

Buy 8 MGM 10/25/2024 43.00 C @ $0.12

Market Probability In The Money: 12%

⚖️ Trade Balancer

Underlying Correlation: -0.69 Video Tutorial

Underlying Correlation: 0.61 Video Tutorial

Current Options Pricing

X Axis: Price of MGM
Dashed blue line: Helium estimated price
Dashed orange line: Market last price
Vertical orange line: MGM last closing price

Historical Performance

Total Return: -5% (-5% Annual) Average P/L: $-36.54 # Trades: 136 Success: 54%

X Axis: Time Y Axis: Cumulative % return

Vertical lines: Days with new trades added

Download Trade Log

Sensitivity to Volatility

X Axis: % price change of implied volatility (uncertainty)
Y Axis: potential profit or loss due to current changes in implied volatility

Trade Carry

X Axis: days projected into the future
Y Axis: potential profit or loss due to time

Greeks

Delta (?): $-66.1
Beta (?): $6.9
Theta (?): $1.9
Gamma (?): $-9.0
Vega (?): $-0.9

Optimized October 17, 2024. Share Link:

Credit: $79 Max Loss: $321 Annual Return: 458%

Odds of Profit (?) 68%

Trade Edge (?) + $16

Historical Performance: 135 Trades + 6% Annual

Daily Optimized Bullish Trade Payout in 1 Days

Potential Profit Potential Loss Price Distribution

Sell 4 MGM 10/18/2024 40.50 P @ $0.27 Market Probability In The Money: 46%

Buy 7 MGM 10/18/2024 39.50 P @ $0.04 Market Probability In The Money: 10%

⚖️ Trade Balancer

Trade Balancer Underlying Correlation: -0.53 Video Tutorial

Cheap Hedge Underlying Correlation: -0.32 Video Tutorial

Current Options Pricing

X Axis: Price of MGM Dashed blue line: Helium estimated price Dashed orange line: Market last price Vertical orange line: MGM last closing price

Historical Performance

Total Return: 5% (6% Annual) Average P/L: $38.93 # Trades: 135 Success: 65%

X Axis: Time Y Axis: Cumulative % return Vertical lines: Days with new trades added

Sensitivity to Volatility

X Axis: % price change of implied volatility (uncertainty)Y Axis: potential profit or loss due to current changes in implied volatility

Trade Carry

X Axis: days projected into the futureY Axis: potential profit or loss due to time

Credit: $114 Max Loss: $636 Annual Return: 121%

Odds of Profit (?) 79%

Trade Edge (?) + $26

Historical Performance: 136 Trades -5% Annual

Daily Optimized Bearish Trade Payout in 8 Days

Potential Profit Potential Loss Price Distribution

Sell 5 MGM 10/25/2024 41.50 C @ $0.43 Market Probability In The Money: 32%

Buy 8 MGM 10/25/2024 43.00 C @ $0.12 Market Probability In The Money: 12%

⚖️ Trade Balancer

Trade Balancer Underlying Correlation: -0.69 Video Tutorial

Cheap Hedge Underlying Correlation: 0.61 Video Tutorial

Current Options Pricing

X Axis: Price of MGM Dashed blue line: Helium estimated price Dashed orange line: Market last price Vertical orange line: MGM last closing price

Historical Performance

Total Return: -5% (-5% Annual) Average P/L: $-36.54 # Trades: 136 Success: 54%

X Axis: Time Y Axis: Cumulative % return Vertical lines: Days with new trades added

Sensitivity to Volatility

X Axis: % price change of implied volatility (uncertainty)Y Axis: potential profit or loss due to current changes in implied volatility

Trade Carry

X Axis: days projected into the futureY Axis: potential profit or loss due to time

Credit: $79 Max Loss: $321

Annual Return:

458%

Odds of Profit (?)

68%

Trade Edge (?)

+ $16

Historical Performance: 135 Trades

+ 6% Annual

Sell 4 MGM 10/18/2024 40.50 P @ $0.27

Market Probability In The Money: 46%

Buy 7 MGM 10/18/2024 39.50 P @ $0.04

Market Probability In The Money: 10%

Underlying Correlation: -0.53 Video Tutorial

Underlying Correlation: -0.32 Video Tutorial

X Axis: Price of MGM
Dashed blue line: Helium estimated price
Dashed orange line: Market last price
Vertical orange line: MGM last closing price

X Axis: Time Y Axis: Cumulative % return

Vertical lines: Days with new trades added

X Axis: % price change of implied volatility (uncertainty)
Y Axis: potential profit or loss due to current changes in implied volatility

X Axis: days projected into the future
Y Axis: potential profit or loss due to time

Credit: $114 Max Loss: $636

Annual Return:

121%

Odds of Profit (?)

79%

Trade Edge (?)

+ $26

Historical Performance: 136 Trades

-5% Annual

Sell 5 MGM 10/25/2024 41.50 C @ $0.43

Market Probability In The Money: 32%

Buy 8 MGM 10/25/2024 43.00 C @ $0.12

Market Probability In The Money: 12%

Underlying Correlation: -0.69 Video Tutorial

Underlying Correlation: 0.61 Video Tutorial

X Axis: Price of MGM
Dashed blue line: Helium estimated price
Dashed orange line: Market last price
Vertical orange line: MGM last closing price

X Axis: Time Y Axis: Cumulative % return

Vertical lines: Days with new trades added

X Axis: % price change of implied volatility (uncertainty)
Y Axis: potential profit or loss due to current changes in implied volatility

X Axis: days projected into the future
Y Axis: potential profit or loss due to time