Group Mentoring: November 10 – Risk Reversal on RSI

Most basic strategy is as follows

  • RSI Signal on Hourly chart (daily is also presented)
  • Above 50 on RSI is entry
  • Below 40 is exit for TSLA study (below 50 is the exit for daily studies)
  • 20 delta short put, 20 delta long call
  • We are making an unleveraged comparison to stock purchases
  • 80 – 200 DTE appears to be better than shorter term expirations