LONG TERM Calendars (Portfolio Plan cont.)

Long Term part of the Portfolio
Long Term Calendar:
you can use a well diversified index or ETF with vols below 25. This stuff will compete with the long term retirement portfolio. Mildly bullish play
Example: MNX calendar
every 30 days put on a OTM calendar (3% OTM) (mildly bullish calendar 3% OTM every 30days) Don't trade anything w/out a plan, prepare for a battle in a time of peace. Plan out your adjustment prices, when to take out profits (up 10%) when loosing when down 5% take off half when down 10% take it all off. This is a craft, work at it.

Summary:
When to put on: 30 days to expiration
What:Well diversified indexs or ETFs
Plan: down 5% take off half down 10% take off the rest up 10% take off all.