📉 Bearish
📈 Bullish

Credit: $295 Max Loss: $704

Annual Return:

171%

Odds of Profit (?)

65%

Trade Edge (?)

+ $37

Historical Performance: 94 Trades

+ 11% Annual

Daily Optimized Bullish Trade Payout in 22 Days

Potential Profit Potential Loss Price Distribution

Sell 5 MGM 08/16/2024 41.00 P @ $1.48

Market Probability In The Money: 47%

Buy 6 MGM 08/16/2024 39.00 P @ $0.73

Market Probability In The Money: 29%

⚖️ Trade Balancer

Underlying Correlation: -0.21 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: 10% (11% Annual) Average P/L: $58.32 # Trades: 94 Success: 61%

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 (?): $58.7
Beta (?): $28.7
Theta (?): $-0.3
Gamma (?): $-0.8
Vega (?): $-0.2

Optimized July 25, 2024. Share Link:

Credit: $288 Max Loss: $1361

Annual Return:

141%

Odds of Profit (?)

73%

Trade Edge (?)

+ $28

Historical Performance: 95 Trades

-7% Annual

Daily Optimized Bearish Trade Payout in 8 Days

Potential Profit Potential Loss Price Distribution

Sell 3 MGM 08/02/2024 42.00 C @ $1.25

Market Probability In The Money: 43%

Buy 7 MGM 08/02/2024 47.50 C @ $0.12

Market Probability In The Money: 6%

⚖️ Trade Balancer

Underlying Correlation: -0.4 Video Tutorial

Underlying Correlation: -0.21 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: -6% (-7% Annual) Average P/L: $-47.68 # Trades: 95 Success: 51%

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 (?): $-86.6
Beta (?): $-42.3
Theta (?): $4.8
Gamma (?): $-5.9
Vega (?): $-1.2

Optimized July 25, 2024. Share Link:

Credit: $295 Max Loss: $704 Annual Return: 171%

Odds of Profit (?) 65%

Trade Edge (?) + $37

Historical Performance: 94 Trades + 11% Annual

Daily Optimized Bullish Trade Payout in 22 Days

Potential Profit Potential Loss Price Distribution

Sell 5 MGM 08/16/2024 41.00 P @ $1.48 Market Probability In The Money: 47%

Buy 6 MGM 08/16/2024 39.00 P @ $0.73 Market Probability In The Money: 29%

⚖️ Trade Balancer

Trade Balancer Underlying Correlation: -0.21 Video Tutorial

Cheap Hedge Underlying Correlation: -0.21 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: 10% (11% Annual) Average P/L: $58.32 # Trades: 94 Success: 61%

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: $288 Max Loss: $1361 Annual Return: 141%

Odds of Profit (?) 73%

Trade Edge (?) + $28

Historical Performance: 95 Trades -7% Annual

Daily Optimized Bearish Trade Payout in 8 Days

Potential Profit Potential Loss Price Distribution

Sell 3 MGM 08/02/2024 42.00 C @ $1.25 Market Probability In The Money: 43%

Buy 7 MGM 08/02/2024 47.50 C @ $0.12 Market Probability In The Money: 6%

⚖️ Trade Balancer

Trade Balancer Underlying Correlation: -0.4 Video Tutorial

Cheap Hedge Underlying Correlation: -0.21 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: -6% (-7% Annual) Average P/L: $-47.68 # Trades: 95 Success: 51%

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: $295 Max Loss: $704

Annual Return:

171%

Odds of Profit (?)

65%

Trade Edge (?)

+ $37

Historical Performance: 94 Trades

+ 11% Annual

Sell 5 MGM 08/16/2024 41.00 P @ $1.48

Market Probability In The Money: 47%

Buy 6 MGM 08/16/2024 39.00 P @ $0.73

Market Probability In The Money: 29%

Underlying Correlation: -0.21 Video Tutorial

Underlying Correlation: -0.21 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: $288 Max Loss: $1361

Annual Return:

141%

Odds of Profit (?)

73%

Trade Edge (?)

+ $28

Historical Performance: 95 Trades

-7% Annual

Sell 3 MGM 08/02/2024 42.00 C @ $1.25

Market Probability In The Money: 43%

Buy 7 MGM 08/02/2024 47.50 C @ $0.12

Market Probability In The Money: 6%

Underlying Correlation: -0.4 Video Tutorial

Underlying Correlation: -0.21 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