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Manage Your Portfolio Like a Professional with our DailyPlay Research

OptionsPlay is making changes to our DailyPlay signals and research to better align with your actual portfolio. Moving forward, we will be creating a hypothetical portfolio and exemplifying to you how to size positions accordingly.

This was designed to show you how to grow your portfolio alongside ours and publish its growth over time. Additionally, we will host monthly Master Classes on the DailyPlay portfolio hosted by Rick Bensignor, our Chief Market Strategist, and Michael Khouw, president of Optimize Advisors to bring you portfolio management education with the best practices, rules, and institutional portfolio manager guest appearances each month. 

Our DailyPlay Portfolio

The single most important change that we are making is the creation and publication of an entire DailyPlay portfolio, not just individual signals and ideas.

This allows us to illustrate how a professional portfolio manager would allocate each idea within the portfolio and explain best practices for managing risk.

The single most important indicator of success for traders is the ability to manage risk, and our new DailyPlay portfolio allows us to show you how professionals do it, each and every day. 

How do we size each options trade?

One adjustment to what you’ll receive is transparency into how we would calculate the # of contracts to commit to each trade idea.

Starting with a hypothetical $100,000 portfolio, we will allocate a maximum of 2% or $2,000 to each idea. Based on this, we will publish the # of contracts we are opening and closing with each signal so that you can follow along based on your account size.

And when we refer to opening or closing half of a position, you’ll see how we calculate the contracts and each subsequent change in the portfolio. 

How can you adjust each trade to your portfolio size?

Use the contracts on our DailyPlay research to help you adjust each of the trades for your portfolio. If one of the DailyPlay trade ideas that we publish has a Max Risk of $500 per contract, and our maximum allocation is $2000 (2% of $100,000), we will trade 4 contracts. Adjust the trade according to your portfolio size:

Portfolio SizeMax Risk (2%)Contracts to Trade
$10,000$200Do Not Trade (Exceeds Max Risk)
$25,000$5001
$50,000$1,0002
$200,000$4,00010
$500,000$10,00020
$1,000,000$20,00040

How can I allocate the rest of my portfolio that is not invested in the options strategies?

We will allocate the remaining cash in our portfolio for full investment in the market using a low-cost index ETF. Our sample portfolio will use the QQQ – Nasdaq 100 Index ETF, selling shares to allocate to new trades and buying more shares once a position has been closed at a profit or loss with the cash.

What changes will we make to the DailyPlay research?

  1. OptionsPlay will publish a portfolio and its value as it grows over time with the trades from our ideas.
  2. Each new DailyPlay idea will be allocated a maximum of 2% of the total portfolio’s value in terms of risk. We will publish the # of contracts for each trade entry and exit for the portfolio. 
  3. All remaining cash in the portfolio that is not invested in DailyPlay ideas will be allocated to an index fund (QQQ). 
  4. All positions will be tracked using the OptionsPlay Portfolio, allowing full transparency into the holdings.

How can I use the DailyPlay research to learn how to become a profitable trader?

We will publish the performance of the entire portfolio, providing transparency of how each trade performs and the growth of the entire portfolio over time. This is an essential element for traders who struggle with gaining consistency with growing an account, especially account setbacks such as blowups and sizable drawdowns and how to prevent it.

OptionsPlay is making changes to our DailyPlay signals and research to better align with your actual portfolio. Moving forward, we will be creating a hypothetical portfolio and exemplifying to you how to size positions accordingly:

This was designed to show you how to grow your portfolio alongside ours and publish its growth over time. Additionally, we will host monthly Master Classes on the DailyPlay portfolio hosted by Rick Bensignor, our Chief Market Strategist, and Michael Khouw, president of Optimize Advisors, to bring you portfolio management education with best practices, rules, and institutional portfolio manager guest appearances each month.

Learn more and watch now!

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Tony Zhang