Looking at the S&P500 this year, what would've you done?

[Guest]

Looking at the S&P500 this year, what would've you done?

 

Its stayed within a range of 2050-2100 at nearly all times.  This is really bad for the parts of our portfolios that are indexed, passive or market invested for a long term directional profit (i.e retirement)

 

What would've been the most profitable play if you could go back in a time machine, on the S&P500? Tons of Iron Condors ?

[Guest]

I recently joined SteadyCondors, and wish I had joined sooner. I think their strategy is uniquely positioned to both take advantage of these periods of low realized volatility and hedge against large moves in the index, in a way that traditional Iron Condors are not.

 

Of course, if I had actually known how range bound the SP500 would be, maybe I'd take a leaf from Karen Supertrader's book and sell a bunch of naked strangles... lol.

Edited May 12, 2015 by TDM

[Guest]

I recently joined SteadyCondors, and wish I had joined sooner. I think their strategy is uniquely positioned to both take advantage of these periods of low realized volatility and hedge against large moves in the index, in a way that traditional Iron Condors are not.

 

Of course, if I had actually known how range bound the SP500 would be, maybe I'd take a leaf from Karen Supertrader's book and sell a bunch of naked strangles... lol.

 

LOL!

Yeah, I bet this year she makes big cash.  And will lose it (all?) come October or whenever rates go up from the Feds.