In this episode, we're going test buying put options SPY using the old trading adage "Sell in May and Go Away" as our trading premise. This isn't meant to give use a strategy to actually trade but is meant to explore stop losses and profit targets how those affected the performance.
The strategy discussed here was backtested at OptionOmega.com and is for educational purposes only and not a recommended strategy.
Use code "SMOT" at OptionOmega.com for 50% of your subscription if you are interested in backtesting.
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