Log In
trade·fix
/ˈtrād-fiks/
1.  a next-generation virtual trading platform for stocks and options
2.  a place to learn, discuss and practice trading the stock market
SIGN UP
Compare yourself against the industry benchmark
VIEW PORTFOLIO
Understand sector exposure
VIEW PORTFOLIO
Track portfolio volatility
VIEW PORTFOLIO
Biggest recruit organizations
12 hours ago
Today
($5.50) (-0.19%)
Open
($15.30) (-0.52%)
($61.40) (-0.41%)
Northrup
3 hours ago
Today
($0.60) (-4.71%)
Open
$205.60 (26.48%)
($816.50) (-17.83%)
Today
$0.00
Open
$440.00
Total P/L Trend  
$440.00
($2,341.50) (-23.42%)
Today
($0.60) (-4.71%)
Open
$205.60 (26.48%)
($891.50) (-17.83%)
Today
($222.10) (-4.25%)
Open
($317.00) (-6.58%)
Total P/L Trend  
($317.00)
($407.25) (-8.15%)
Today
$6,410,000.00 (16.07%)
Open
$10,000.00 (-0.45%)
Total P/L Trend  
$10,000.00
$8,470,461.82 (16.94%)
mike TradeFix founder & creator, Advanced Options Trader
7 hours ago
Today
$0.00
Open
($1.83)
Total P/L Trend  
($1.83)
($940.50) (-3.13%)
Adding 1 E-Mini short S&P future as a portfolio-wide VEGA hedge.
9 days ago
mike TradeFix founder & creator, Advanced Options Trader
8 hours ago
Today
$0.00
Open
($2,342.00)
Total P/L Trend  
($2,342.00)
$1,222.50 (1.22%)
500 shares of SPY = 1 E-Mini Future (futures not supported on platform yet)
7 months ago
With the vix up 8% today, good time to sell some more puts against the short E Mini Future.
6 months ago
To put things in perspective with this position. It may not be obvious but this is actually a bearish position; an attempt to capitalize on a correction while the S&P is near all-time highs. A much better way to do it rather than commonly suggested ways such as buying puts on the market, or buying calls on the vix - both far inferior to this strategy for many reasons (ask if you need me to explain). So this is a bearish position where I can actually break even despite a 2% up move from here and a 7% down move during the first expiration month. If we correct at all anywhere from 0-7% over the course of the next few months this trade trade should do very well. It's almost impossible to perfectly time a correction, bottom or top - so you need to construct at times complex trades that allow you to "wait" for your move - and reward you when you get it while not losing money during the "wait".
2 months ago
With the VIX up 25% today, I'm able to add some OTM naked calls above the SPY all time highs at 251 and still get some decent credit. Always looking to sell something when there are VIX spikes - because spikes don't last long. but warning - never step too large in front of a VIX spike cuz you can get killed.
2 months ago
To put this strategy in perspective: I'm matching the performance of the S&P (since start of trading the strategy) and I've been short the S&P the ENTIRE time as it rallied to all time highs. Compare this to a typical stock trader trying to short the market who is probably down anywhere from 10-50% this year trying to call the top. This is the power of options. I'm essentially patiently waiting for my correction as long as it takes - becuase it's just a matter of time until it comes - and I'm not losing my shirt doing it. Also compare this to buying long puts on the S&P, or buying calls on the VIX which will cost you tremendously if you are not perfectly timed, which never happens.
one month ago
Notice the strangle strikes are uneven. This is done on purpose becuase of the short future. strikes are 1% OTM on downside and 2% OTM on upside, allowing more room to the upside. but if market crashes overall this is a bearish trade.
10 days ago
mike TradeFix founder & creator, Advanced Options Trader
8 hours ago
Today
$0.00
Open
($2,342.00)
Total P/L Trend  
($2,342.00)
$1,337.50 (1.34%)
500 shares of SPY = 1 E-Mini Future (futures not supported on platform yet)
7 months ago
With the vix up 8% today, good time to sell some more puts against the short E Mini Future.
6 months ago
To put things in perspective with this position. It may not be obvious but this is actually a bearish position; an attempt to capitalize on a correction while the S&P is near all-time highs. A much better way to do it rather than commonly suggested ways such as buying puts on the market, or buying calls on the vix - both far inferior to this strategy for many reasons (ask if you need me to explain). So this is a bearish position where I can actually break even despite a 2% up move from here and a 7% down move during the first expiration month. If we correct at all anywhere from 0-7% over the course of the next few months this trade trade should do very well. It's almost impossible to perfectly time a correction, bottom or top - so you need to construct at times complex trades that allow you to "wait" for your move - and reward you when you get it while not losing money during the "wait".
2 months ago
With the VIX up 25% today, I'm able to add some OTM naked calls above the SPY all time highs at 251 and still get some decent credit. Always looking to sell something when there are VIX spikes - because spikes don't last long. but warning - never step too large in front of a VIX spike cuz you can get killed.
2 months ago
To put this strategy in perspective: I'm matching the performance of the S&P (since start of trading the strategy) and I've been short the S&P the ENTIRE time as it rallied to all time highs. Compare this to a typical stock trader trying to short the market who is probably down anywhere from 10-50% this year trying to call the top. This is the power of options. I'm essentially patiently waiting for my correction as long as it takes - becuase it's just a matter of time until it comes - and I'm not losing my shirt doing it. Also compare this to buying long puts on the S&P, or buying calls on the VIX which will cost you tremendously if you are not perfectly timed, which never happens.
one month ago
Notice the strangle strikes are uneven. This is done on purpose becuase of the short future. strikes are 1% OTM on downside and 2% OTM on upside, allowing more room to the upside. but if market crashes overall this is a bearish trade.
10 days ago
mike TradeFix founder & creator, Advanced Options Trader
8 hours ago
Today
$0.00
Open
($2,342.00)
Total P/L Trend  
($2,342.00)
$1,363.50 (1.36%)
500 shares of SPY = 1 E-Mini Future (futures not supported on platform yet)
7 months ago
With the vix up 8% today, good time to sell some more puts against the short E Mini Future.
6 months ago
To put things in perspective with this position. It may not be obvious but this is actually a bearish position; an attempt to capitalize on a correction while the S&P is near all-time highs. A much better way to do it rather than commonly suggested ways such as buying puts on the market, or buying calls on the vix - both far inferior to this strategy for many reasons (ask if you need me to explain). So this is a bearish position where I can actually break even despite a 2% up move from here and a 7% down move during the first expiration month. If we correct at all anywhere from 0-7% over the course of the next few months this trade trade should do very well. It's almost impossible to perfectly time a correction, bottom or top - so you need to construct at times complex trades that allow you to "wait" for your move - and reward you when you get it while not losing money during the "wait".
2 months ago
With the VIX up 25% today, I'm able to add some OTM naked calls above the SPY all time highs at 251 and still get some decent credit. Always looking to sell something when there are VIX spikes - because spikes don't last long. but warning - never step too large in front of a VIX spike cuz you can get killed.
2 months ago
To put this strategy in perspective: I'm matching the performance of the S&P (since start of trading the strategy) and I've been short the S&P the ENTIRE time as it rallied to all time highs. Compare this to a typical stock trader trying to short the market who is probably down anywhere from 10-50% this year trying to call the top. This is the power of options. I'm essentially patiently waiting for my correction as long as it takes - becuase it's just a matter of time until it comes - and I'm not losing my shirt doing it. Also compare this to buying long puts on the S&P, or buying calls on the VIX which will cost you tremendously if you are not perfectly timed, which never happens.
one month ago
Notice the strangle strikes are uneven. This is done on purpose becuase of the short future. strikes are 1% OTM on downside and 2% OTM on upside, allowing more room to the upside. but if market crashes overall this is a bearish trade.
10 days ago