We added six tranche's to the U.S. side of our ETF portfolio. Our additions tilted toward energy and financials. This week we added $XLF, $XLE, $XLI, $XOP, $KBE, $XTN.
We also managed 2/3 of our delta neutral portfolio. Rolling two of our $SPY strangles out to MAY expiration to generate more credit and give us time to be right. If we continue to be challenged on these strangles, our next move will be to invert the position.
Watch todays video to see how we use Chaikin Analytics along with our own relative strength rules to manage a paper portfolio of ETF's. We lean pretty hard on the Chaikin OB/OS oscillator to define our risk in each position. Just one of the Chaikin tools we incorporate into our trading plan.