Trading

Adjusting Covered Calls: SPCE

Covered calls probably are my favorite options trading strategy as it involves the least risk A covered call refers to a transaction in the financial market in which the investor selling call options owns the equivalent amount of the…

Trading Results Week 7/2020 (+$583.20)

Trading week 7/2020 lasted from February 10 until February 14, 2020 After three weeks in a row with negative net income, I finally managed to make a profit this week. And made it big, setting a new weekly income record +$583.20 (previous…

Trading Results Week 6/2020 (-$362.40)

Trading week 6/2020 lasted from February 3 until February 7, 2020 This was meant to be a good week with a net profit, but I bit rushed and spent $750 on a call future, as I thought that SPX will touch, break and shoot over 3,350, at one…

Trading Results Week 5/2020 (-$7.6)

Trading week 5/2020 lasted from January 27 - January 31, 2020 This week I closed 6 speculative trades on SPX, GC, and SPY - total net income - negative - $7.60. I actually feel good about this, as the losses could be much bigger. I also…

Trading Results Week 4/2020 (-$101.10)

Trading week 4/2020 lasted from January 20 - January 24, 2020. Actually the week was even shorter as on Monday 20, there was a Martin Luther King Day which is a public holiday in the US. This week I closed just one trade, which resulted in…

Trading Results Week 3/2020 (+$397.80)

Trading week 3/2020 lasted from January 13 - January 17, 2020 This week I was mostly closing trades made in the previous weeks. Also, one of my goals for this week was to limit open position to 10 (there were 12 positions prior) I managed…

Trading Results Week 2/2020 (-$626.80)

Trading week 2/2020 lasted from January 6 - January 10, 2020 This week I was mostly adjusting trades from the previous weeks. It depends how you count but I count each trade separate (Even roll-ups), and for the second week of 2020  net…

Trading Results Week 1/2020 (+$351.40)

Welcome traders to the New Year, I wish you a very prosperous and safe trading 2020. Let's make it BIG! With this article, I'm starting the new trading journal for 2020. It's planned that there will be at least 52 such articles for the…

0 DTE SPX Trading Challenge

I've been trading options since March 2019, I have been trading verticals since September 2019. Option trading is not easy, it can hurt. Money can be made and more money can be lost - been there seen that. In my short options trader career…

Trading Results Week 52/2019 (+$201.50)

Trading week 52/2019 was from December 23 until December 27, 2019 (Monday - Friday). During the week there were the Christmas holidays, and I was not really in trading this week. Anyway, I opened one iron condor for 45 DTE SPX and bull put…