An options investment strategy based on our #BASON predictions has delivered a 49.9% return since May, compared to a 10% passive S&P return.
And all that while not even running during August and September!
A quick thread on how it works? 👇🧵
And all that while not even running during August and September!
A quick thread on how it works? 👇🧵
1/ This 50% return is actually severely underestimated, given that we took a portfolio of $10,000 where we only invest $1000 each week (the risk is greater actually, we risk to lose $1000 used to buy the call options, and $600 on the iron condor).
2/ What options strategy do we use? Each week we invest $1,000 (risk $1,600) into:
(1) an iron condor strategy that uses the BASON prediction’s confidence intervals for the $SPY, and
(2) an $SPY call (or put) option based on the predicted direction for that week.
(1) an iron condor strategy that uses the BASON prediction’s confidence intervals for the $SPY, and
(2) an $SPY call (or put) option based on the predicted direction for that week.
3/ This means we only risk 16% of the portfolio each week for options strategies based on our predictions. Hence the need to have a larger initial allocation and compare the *total* returns to a passive index-holding strategy.
4/ Also, keep in mind that these trades were only with $SPY options, no other indicators or stocks were used, meaning that the returns could have been even more impressive.
5/ For example, for last week, you could have also made a small fortune on $TSLA stocks, where we predicted the price to end up at $1,100 dollars.
Buying $TSLA call options even on Wednesday (when the price was $1,030) would have been quite lucrative.
Buying $TSLA call options even on Wednesday (when the price was $1,030) would have been quite lucrative.
6/ What is it all based on? The weekly BASON predictions on several indicators that stocks that we run.
Last week, e.g., our BASON predictions had a 0.2% accuracy for the S&P and 0.05% accuracy for the Dow!
Last week, e.g., our BASON predictions had a 0.2% accuracy for the S&P and 0.05% accuracy for the Dow!
https://twitter.com/wolf_vukovic/status/1454179567057444866
7/ In addition, 8 out of 9 of our indicators were called correctly, and 7 out of 9 were called within 2% accuracy.
The numbers speak for themselves:
The numbers speak for themselves:
8/ Also, last week, the options strategies paid off.
The iron condor expired and made us the initial $400, while the $SPY call ended up giving us a $611 profit before we sold on Friday. The return was therefore $1,011, or 101% on the initial $1,000 for that week.
The iron condor expired and made us the initial $400, while the $SPY call ended up giving us a $611 profit before we sold on Friday. The return was therefore $1,011, or 101% on the initial $1,000 for that week.
9/ So stick around, participate in our survey competition regularly to get this info early, and try make some profits from it.
And, of course, subscribe to the newsletter to keep track of it :)
oraclum.substack.com
And, of course, subscribe to the newsletter to keep track of it :)
oraclum.substack.com
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