Week 23 // Final Tally // Up 63% With Thu-Fri Trades // 87% Overall | Options Strategies Message Board Posts

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Msg  1586 of 1614  at  1/12/2019 4:02:44 AM  by

sandiegodude2000


 In response to msg 1585 by  sandiegodude2000
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Re: Week 23 // Final Tally // Up 63% With Thu-Fri Trades // 87% Overall

Now that my venting is done with, here comes the math for this week's wins and losses.
The first 2 sets of trades pertain to the rollovers from the Jan 4th OPEX. 
 
1a) Short Jan 11 AMZN 1500/1502.50 Call Spread
Closed by 1c. No new margin used (transferred from last week's margin).
 
1b) Rolled 1a to Short Jan 11 AMZN 1640/1622.50 Call Spread
Filled for debit of -.98.  Closed by 1d.
 
1b) Short Jan 11 AMZN 1500/1497.50 Put Spread.
Closed for -.05.
 
1c) Sold AMZN 1640/1637.50 Put Spread
Filled for .85. Closed by 1e.
 
1d) Rolled 1b into short 18 Jan AMZN 1640/1642.50 Call Spread
Filled for credit of .55
 
1e) Rolled 1c into short 18 Jan AMZN 1640/1637.50 Put Spread
Filled for credit of .67
 
 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
2) Short Jan 11 BA 330/327.50 Put Spread
Closed for -.02. (No new margin used--it came from last week's margin).
 
2a) Sold Jan 11 BA 345/347.50 Call Spread
Filled for credit of 1.11. Closed by 2b.
 
2b) Rolled (2a) into short BA 350/352.50 Call Spread
Filled for deficit of -.91 Closed by 2d.
 
2c) Sold the 350/347.50 Put Spread
Filled for .65. Closed for -.05
 
2d) Rolled 2b into short 18 Jan BA 345/347.50 Call Spread
Filled for -.55.
 
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
 Thursday recommended trade:
 
3) STO AMZN Call 1670 and BTO AMZN Call 1672.50
Filled for .79  Margin used = 1.71. Closed for -.05.
 
3a) STO AMZN Put 1635 and BTO AMZN Put 1632.50
Filled for .60. Closed for -.82.
 
3b) STO AMZN Call 1650 and BTO AMZN Call 1652.50
Filled for .62 Expired worthless.
 
3c) STO AMZN Put 1637.50 and BTO AMZN Put 1635
Filled for .75  Closed for -.12
 
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> 
 Thursday recommended trade:
 
4) STO CMG Call 510 and BTO CMG Call 512.50
Filled for .85 Margin used = 1.65. Closed for -.15.
 
4a) STO CMB Put 505 and BTO CMG Put 502.50
Filled for .72 Closed for -.15.
 
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Friday Day Trade 
 
5) STO AMZN Call 1660 and BTO AMZN Call 1662.50
Filled for .75 Margin used = 1.75.  Closed for -.09
 
5a) STO AMZN Put 1637.50 and BTO AMZN Put 1635
Filled for .57. Closed for -1.13.
5b) STO AMZN Call 1650 and BTO AMZN Call 1652.50
Filled for .62. Expired worthless.
 
5c) STO AMZN Put 1637.50 and BTO AMZN Put 1635
Filled for .75 Closed for -.12.
 
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Friday Day Trade (Iron Condor)
 
6) STO NVDA Call 146 and BTO NVDA Call 147 AND
STO NVDA Put 144 and BTO NVDA Put 143
Filled for .51 Sold twice for total of 1.02. Margin used = 2 * .49 = .98
 
6a) BTC NVDA Call 146 and STC NVDA 147 (closed only the call spread portion)
Filled for a net debit of -.60. Bought twice for -1.20
 
6b) STO NVDA Call 149 and BTO NVDA Call 150 (reopened higher call spread)
Filled for .33. Sold twice for .66. Closed for -.51 Sold twice for -1.02.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Math ["MU" = Margin Used]
 
Trade 1 G/L = -.98 -.05 + .85 + .55 + .67 = +1.04
 
Trade 2 G/L = -.02 + 1.11 -.91 + .65 -.55 = +.28 
 
Trade 3 G/L =  +.79 - .05 + .60 - .82 + .62 + .75 - .12 = +1.77 (MU = 1.71).
Percent G/L = +1.77/1.71 = +104% 
 
Trade 4 G/L =  +.85 -.15 + .72 - .15 = +1.27 (MU = 1.65) 
Percent G/L = +1.27/1.65 = +77% 
 
Trade 5 G/L = +.75 - .09 + .57 - 1.13 + .62 + .75 -.12 = +1.35 (MU = 1.75)
Percent G/L = +1.35/1.75 = +77%  
 
Trade 6 G/L = +1.02 - 1.20 + .66 - 1.02 = -.54 (MU = .98)
Percent G/L = -.54/.98 = -55% 
 
For just the 4 trades recommended this week (ignoring my rollover trades), we have:
 
Total G/L = + 1.77 + 1.27 + 1.35 - .54 = +3.85 (MU = 1.71 + 1.65 + 1.75 + .98 = 6.09)
Percent G/L = + 3.85/6.09 = +63%
 
Adding in my carryover gains/losses:
 
Total G/L = +3.85 + 1.04 + .28 = +5.17  
Percent G/L = +5.17/6.09 = 85% 
 
Going into next week I have carried over:
 
Short 18 Jan AMZN 1640/1642.50 Call Spread 
Short 18 Jan AMZN 1640/1637.50 Put Spread 
 
Short 18 Jan BA 345/347.50 Call Spread
 
Conclusion: This week was great. It would have been perfect had it not been for the
massacre on Trade 6 (NVDA) when the Algos burned me on the call side. I should
have realized what was going on and NOT reentered the short call spread (even
though the thesis was correct but the broker risk turned it into a bigger loss). 
 
I hope some of you made some money this week!
 
Cheers. 
 
 
 
 
 
 
 


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Msg # Subject Author Recs Date Posted
1587 Week 24 // Batter Up! Overview Going into Thursday Trading sandiegodude2000 1 1/17/2019 3:42:02 AM


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