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%)