Discovertastylive: Confirm and SendConfirm and Send: Portfolio Delta Management for Market Neutrality
Confirm and Send: Portfolio Delta Management for Market Neutrality

Confirm and Send: Portfolio Delta Management for Market Neutrality

Update: 2025-08-21
Share

Description

The market opened with weakness across indices, with E-minis down 27, NASDAQ down 104, Dow down 179, and Russell down 15 - all approximately 0.4% lower. Volatility futures were up 35 ticks.

In the Confirm & Send segment, Nick and Mike clarified that "trading small" means risking 1-3% of account value per position (ideally under 5%), while "trading often" happens naturally over time. They explained why they prefer diagonal spreads over call debit spreads, and emphasized delta as more important than theta for portfolio management.

For a $100,000 account, maintaining plus or minus 500 deltas represents a neutral position, with potential to lean 1,000-1,500 deltas long or short based on market outlook.

Nick and Mike also advised a 15-year-old trader to diversify their $5,500 account with bullish put spreads, bearish call spreads, and neutral iron condors, while suggesting two to three times credit received as a reasonable stop-loss for unmanaged positions
Comments 
In Channel
Confirm and Send

Confirm and Send

2025-09-1713:03

Confirm and Send

Confirm and Send

2025-09-1612:25

Confirm and Send

Confirm and Send

2025-09-1514:04

Confirm and Send

Confirm and Send

2025-09-1214:46

Confirm and Send

Confirm and Send

2025-09-1113:20

Confirm and Send

Confirm and Send

2025-09-1016:31

Confirm and Send

Confirm and Send

2025-09-0913:04

Confirm and Send

Confirm and Send

2025-09-0817:17

Confirm and Send

Confirm and Send

2025-09-0511:27

Confirm and Send

Confirm and Send

2025-09-0413:57

Confirm and Send

Confirm and Send

2025-09-0317:44

Confirm and Send

Confirm and Send

2025-09-0215:01

Confirm and Send

Confirm and Send

2025-08-2933:16

Confirm and Send

Confirm and Send

2025-08-2813:11

Confirm and Send

Confirm and Send

2025-08-2714:51

Confirm and Send

Confirm and Send

2025-08-2615:03

Confirm and Send

Confirm and Send

2025-08-2517:29

Confirm and Send

Confirm and Send

2025-08-2214:07

Confirm and Send

Confirm and Send

2025-08-2012:45

loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Confirm and Send: Portfolio Delta Management for Market Neutrality

Confirm and Send: Portfolio Delta Management for Market Neutrality

tastylive