Trades & Insights
Jan 5, 2021
Day 3 - Starting with $4000
Total P/L for Day 3: +177
P/L as % of starting amount = +4.4%
Trade 1: SPY Calls $478C expiring 1/14 for quick scalp in the morning
Total P/L: +177(+4.5%)
Didn't play my FOMC trade by buying puts before 2PM then chased a bit but was never confident on the downside and kept closing puts on any sign of a green candle. By the time I got confident market was already near 470
Trade 2: SPY Puts $476P expiring 1/12
Total P/L: +115 (+2.9%)
Trade 3: SPY Puts $470P expiring 1/12
Total P/L: +85 (+2.9%)
Trade 4: SPY Calls $475C expiring 1/14 owing to my bullish bias with 5% stop loss which hit almost instantly
Total P/L: -200 (-5.1%)
Jan 4, 2021
Day 2 - Starting with $4000
Total P/L for Day 2: +415
P/L as % of starting amount = +10.3%
Trade 1: SPY Calls $480C expiring 1/12
Total P/L: +216 (+5.4%)
Trade 2: QQQ Calls $402C expiring 1/12 on signs of recovery
Total P/L: +199 (+6%)
Jan 3, 2021
Day 1 - Starting with $4000
Total P/L for Day 1: +624
P/L as % of starting amount = +15.6%
Trade 1: QQQ Calls $401C expiring 1/10 at open.
Total P/L: +216 (+5.2%)
Trade 2: QQQ Calls $400C expiring 1/10 after the drop
Total P/L: +190 (+5%)
Trade 3: SPY Calls $476C expiring 1/12 after it broke out of possible bear flag
Total P/L: +218 (+5.3%)