Current beta weighted risk is 3.23 against the SPX. Overall theta on futures is 99.64. SPX beta weighted risk ~$23,017.17. All else being equal, this represents $2,989.20 every 30 days due to theta decay~13.0% monthly. Beta weighted portfolio value has returned to a close to the current futures balance ($24,758.93). The attached graph shows the current stress test with losses beginning at /ES price of $6,482.25.

Current beta weighted risk is 3.14 against the SPX. Overall theta on futures is 97.54. SPX beta weighted risk ~$21,402.24. All else being equal, this represents $2,926.20 every 30 days due to theta decay~13.7% monthly. Of note, beta weighted portfolio value is not close to the current futures balance ($22,194.01). The attached graph shows the current stress test with losses beginning at /ES price of $6,413.50 (which appears to increase with volatility). Synthetic 7 DTE /MES trade begun with expected success rate of 60%. The back test will be found in the classroom. Last week, a member asked what is in the portfolio. I will repeat my response here, reviewing the trading journal shows the different positions that I have in the account. "I currently have sold a put on Paycom Software, (ticker: PAYC) hoping to enter it at about 110-115 if the contract is put to me. Most of my portfolio is long /ES or /MES futures through backratio options. This high risk strategy will constitute my primary position until the account grows to $100k. I expect to arrive there in about 12 months unless something major interupts the expeted progress. PAYC will likely be my first equity position of any substance. The account also holds several contingent value rights (cvr)'s from some recent special situation events. I also have synthetic longs (sold short put and purchased long call using LEAPS) in MGM (Ticker: MGM) and Comcast (Ticker: CMCSA), the latter was purchased before the recent spinoff retaining interest in both CMCSA and Versant Media (Ticker: VSNT). I recognize that these positions may not be considered traditional when it comesto value investing, but they are rooted in lessons learned in Joel Greenblatt's book, "You Can Be A Stock Market Genius". Oh, and I also have LEAPS in Paypal (Ticker: PYPL) and Interactive Brokers (Ticker: IBKR). These round out all but maybe 1% of my portfolio."

Current beta weighted risk is 3.05 against the SPX. Overall theta on futures is 126.98. SPX beta weighted risk ~$20,076.90. All else being equal, this represents $3,809.40 every 30 days due to theta decay~19.0% monthly. Of note, beta weighted portfolio value is not close to the current futures balance ($29,203.25). The attached graph shows the current stress test with losses beginning at /ES price of $6,363.29 (which appears to increase with volatility).

Boulder Partners is a personal hedge fund with the goal of testing strategies, identifying required metrics and applying these in a real world environment in an attempt to create economic freedom. In the general discussion see: 1. Current research 2. Trades 3. Q&A discussions 4. Discussions of my investing thoughts In the education section see: 1. Back testing 2. Investment perspectives 3. Trading records Please post any questions about what I am doing here.

Current beta weighted risk is 3.08 against the SPX. Overall theta on futures is 169.33. SPX beta weighted risk ~$19,616.06. All else being equal, this represents $5,079.90 every 30 days due to theta decay~25.9% monthly. Of note, beta weighted portfolio value is not close to the current futures balance ($37337.23). The attached graph shows the current stress test with losses beginning at /ES price of $6,625.25 (which appears to increase with volatility). Current positions are in a loss due to the current futures prices. Theta decay does show that the account will be positive in thenext 30 days if the /ES prices can stabalize above $6,301. It also shows a 15k loss at 5947.25 with a net liquidity of17,427.