Trading Results Week 18/2020 (-$58.80)

Updated: 5 May, 2020 seen 21

Trading week 18/2020 lasted from April 27 until May 1, 2020. I closed this week with a small loss of -$58.80 

From closed trades, I closed 4 trades: 3 with USO and one (by accident) with ET. My biggest loss comes from the sale of USO contacts.

Opened 3 new trades - vertical spread on SDC, and a call on ET

Week 1-18 2020 Trading Results

Week 1-18 2020 Trading Results

So far, after eighteen weeks of trading in 2020, my total net income for the year is very humble +$233,92, while gross income stands at   $608.92. Nothing to be excited about. 

For the past couple of weeks, I have been exploring the idea of selling covered calls only (and sometimes cash-secured puts) on stocks. No naked trades anymore. I still have some 16 open positions, and probably there will be some adjustments needed.

Also, there is a chance I will make some vertical trade in the future, but I don't look anymore seriously on this trading style - instead covered calls. For covered call writing, I've launched a separate website - OptionsBrew.com - you are kindly invited!

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