Short put sale technique results, Westgate top 5 (my picks and contest top 5), Season to date records all posted, My thoughts for a Sunday morning

I am going to start out today’s post with something a bit different. As subscribers know during the time sports was down I developed a method of shorting puts on Thursday for Friday expiration.  I send these out to all subscribers of the sports service for no extra fee.

In all honesty, I did not know how the real-time results would come out, but the backtesting was very good.

Let’s take a look at the chart of trades I have sent out since the beginning:

We have had 237 trades with 220 winners and 17 losers. The win rate has been 92.83% with a profit factor of 4.04. The avg win per trade less commissions of  $1.00 per option is 145.84. This so far has been very solid.

Now we only have 237 trades under our belt, when we get to 500 and 1000 these numbers will have more reliability. But so far there is reason to believe this is an excellent vehicle for trading.

I send out my short put trades typically on Thursday Morning and they expire the next day after the close. The number of trades per week has been from 3 to 12. Last week we had 5 and they were an easy 5-0!

I also send out to subscribers my mean reversion trades, medium, and short-term swing trades, along with longer-term income trades.

This is all value-added for no additional subscription for those that subscribe to the sports service.

Now let’s move on to sports:

We have been slipping a bit on the sports side after a very strong start.

In the NFL :

In College Football:

College Hoops:
Season to date Sides: 1-3
Season to Date Totals: 5-5
Combined Season to date : 6-8
In the All Spread NFL Contest where you pick every game against the line I sit at :
110-101-0 or 52.13%
Last season I was over 55%
I send out these picks to subscribers each Sunday.
So far today I have sent out 3 NFL plays for today to subscribers.
My top 5 picks in the Westgate per their lines are:
Hou +7
Wash +5
Jacks +12.5
NO +3
Cincy +12.5
The Westgate top 5 last week went 2-3 bringing its record to 34-36-1 . Still better than what they historically do.
The Westgate Top 5 this week is:
I am fading 3 of the top 5 this week and that is where I like to be:)
The bottom 5 this week is:
I am on 1 of the bottom 5 this week

As many of you know I have added slack to my method of sending out plays. There are two parts to my slack account. One for my investment side where I share all my stock and option trades. The other is the sports side where you get my plays, analysis, and have the ability to chat with me in real-time during the day.

I have sub-boards where subscribers can interact with each other also on a variety of topics.

If you wish to join us for the next 30 days I have made it easy for you:

Sign up now and I will have you signed on within minutes.

This will get the college hoops to you now that the season has started.

My goal is not only to produce positive EV plays but to keep subscribers out of trouble. I have been doing this online for over 20 years now!!!

As you know gamblers have a propensity to get in trouble, I was once one of them:)  That is why I try to educate as much as I try to produce winning plays.

Good Luck Today
RickJ’s Handicapping Picks
Slack: Rickjsports

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