jfitmisc, I trade in several time frames. Got away from leaps in this choppy market in 2018.
Here is the email update I sent to my followers, I forgot steem. Very Profitable signal at 5am in the morning.
Market Chop is the word for 2018. Unlike 2017 straight up market. Wonder if we retest February lows.
In 2018, when VIX and /VX go into backwardation (happened this morning), I am using for a bearish signal. Will put on hedges immediately or increase what I already have on. Look at VIXCENTRAL.com Picture below.
Fed Rate Hikes in 2018, think Short Utilities, Real Estate and perhaps Consumer stuff like Autos..
My new idea on a hedge: Testing bearish Call Diagonal for credit in /ES Futures options this morning. This is a short hedge. Of course I may just buy some puts too or sell some SPX/RUT Put Ratio Spread when market opens today.