PTG Options

The hypothetical performance results displayed on this website are hypothetical results in that they represent trades made in a demonstration (“demo”) account. Transaction prices were determined by assuming that purchase orders received the ask price and sell orders the bid price of quotes Polaris Trading Group (PTG) receives from the broker at which it maintains the demo account. The hypothetical results do not include any commissions or fees which may be charged by a customer’s broker or relevant futures exchange, but are not charged to a demo account. The results represented are based on a trade size of one contract. The performance of customers electing to trade a different contract size will therefore vary. Trades placed in the demo account are based on Polaris Trading Group (PTG) having access to an unlimited amount of funds. As a result, the demo account is not subject to margin calls and has the ability to withstand large, sustained drawdowns which a customer account may not be able to afford. Trades placed in the demo account may not subject to price slippage which may occur when a trade is actually placed in a customer account.  All performance results presented only include the results of valid trade setups.  Customers may elect not to follow all of the trading signals provided by Polaris Trading Group (PTG) or be able trade the recommended number of contracts due to insufficient funds in an account. Therefore, the results portrayed are not indicative of an account which may have traded all of Polaris’ signals or contracts.  Accordingly, should the customer attempt to take every single trade as directed by the system, the performance of customer accounts may still vary significantly from the results portrayed on this website.

Special Statement on Options Trading Risk

Option trading involves substantial risk and is not suitable for all investors. We cannot and will not guarantee that you will not lose money or that you will make money from the information found on this website and / or affiliated products / services. You can lose money trading options and the loss can be substantial. Losing trades can occur, have occurred in the past, and will occur in the future. Don’t trade with money you can’t afford to lose. Only risk capital should be invested since it is possible to lose all of your principal. You should read “Characteristics and Risks of Standardized Options” to further understand the risks of trading options.

 

 

Trading SPY options utilizing the Polaris methodology is an alternative strategy for swing trading the ES futures. Using the 3 day cycle and Stat X zones, options minimize risk while maintaining exposure to the movement of the S &P 500.  There’s an options strategy suitable for every appetite.  Benefits include limiting risk, reduced margin usage and defined loss parameters. The SPY options feature deep, tight markets and can be used as hedge for futures or as a replacement.

Strategies will include straight purchases of calls and puts at the extreme ends of ranges for entry with a focus of achieving price regression to natural point of exit such as a 3 day central pivot and other retracement levels of support or resistance. I’ll be focusing on at the money options with usually more than 10 calendar days to expiration with a total option premium above intrinsic of $500 per trade. Option volatility, skew, time to expiration and confidence factors in the trade will influence whether slightly in the money, at the money or just out of the money options will be purchased.

Call and put verticals will also be utilized with the same $500 total risk with an expected return of 3:1 at the point of the written option or if both options are in the money at expiration. Most spreads will be put on with the intent of hold until expiration.
Naked option selling is not expected to be part of the core strategy at this time.

Contact Polaris for more information on how get involved in this new program being offered for the introductory rate of $99 per month.

Biography

Michael Acampora comes to Polaris as a 30+ year veteran options trader. He began his career as a clerk on the floor of The American Stock Exchange and quickly worked his way up to being a seat holder and trading firm Owner.  After 13 years on the floor, Michael joined an “upstairs” options market-making firm as Partner, reacting to shows from around the street in addition to proactive trading and was a special situations advisor to $600 million hedge fund.

After a brief retirement, Michael was coaxed back to Wall Street by the Royal Bank Of Canada to head their US Institutional Options Trading department and help create their New York team.

Michael is now semi retired and trades from his home office in Palm Beach Florida.

 

 

 

 

View in Google Spreadsheets

View in Google Spreadsheets

NFA Compliance Rule 2-29(c)(1) Disclaimer:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.