My portfolio has hit a yearly all time high. Not bad considering our SPY/TLT is down about 19%. I am going to wait for a bit of a down day next week to roll up our spy pair for more credit. Any movement up in TLT will get the trade towards the profit zone (captain obvious). This is a smaller portion of our portfolio and we expect these sorts of swings.
The momentum portion is still positive but just barely
The alpha protector is doing very well.
TLT roared to 128 on Friday and closed back down to 126.65 after news of a Greece deal. This also pushed up SPY about a half percent in a minute. At 128, I think our pair trade was only down 10%.
I think I personally will start to increase the MIC (modified iron condor) portion to a significant amount of my portfolio (20%). My portfolio will mostly consist of MIC (20%), Alpha Protector (40%) and very small leveraged portions of momentum rotation (10%), earnings based volatility trades (10%) and a small portion of spy/tlt pair trades (10%) and some bond rotation (10%). I’ve also got a position in the optimal fund at Covenant capital but I don’t include that in the above percentages. I gotta say, I am kind of excited about the optimal fund, I like the way they approach risk and volatility. The idea is to use a lower amount of capital with a higher volatility trade style to achieve the same results. I am looking forward to seeing how this performs in 3-5 years.
I will post all my MIC trade entries and adjustments on this forum under the heading “MIC – Month”. So anyone who is interested can follow along.