Tag: Energy

I left money on the table for /cl, but it’s okay – Week 7

Week 7 P/L

New trades/adjustments

Date02/1102/1102/1102/1102/13
CycleFeb/25Feb/14Mar/20Feb/21Mar/20
Symbol/NGH0/CLH0AMZNTSLAROKU
IVR70
StrategyICICCr- PICIC
Strikesp:-$1.8/+$1.7
c:-$1.9/+2.0		p:-$52/+$51 c:-$52/+$53-$2000/+$1990p:-$715/+$710 c:-$850/+$855p:-$100/+$95 c:-$180/+$185
Price$0.45$0.47$1.85$3.51$1.05
PoP76%

Closed trades

CycleFeb/14Mar/20Mar/20Feb/21Mar/20Mar/17Feb/21
Symbol/CLH0PINSROKUFBUBER/CLJ0TGT
Total open price$.47$1.1$1.05$.99$1.17$.28$2.27
Close price$.35$.55$.55$.34$.59$.14$1
Multiplier10001001001001001000100
P/L$120$55$50$65$58$140$127

Daily Scalp

Date02/12/20
SymbolNDX
StrategyCr – C
Strikes-$9630/+9640
Price(o/c)$95/$0
P/L$95
TriggerNDX had a big reversal, so betting that it should exhaust itself.

P/L Change

  • P/L Week: $710
  • P/L Year: +$3969(79.38%), including rolls
  • Total commission & fees: $410.95
  • P/L Year w/fees: $3558.06(71.16%)

Unrealized loss racks up as earning trades go south – week 5 recap

Week 5 P/L

New trades/adjustments

Date01/2801/2901/3001/3001/3001/30
CycleFeb/21Mar/20Feb/21Feb/21Mar/17Mar/20
SymbolAAPLAAPLFBTSLA/CLJ0AMZN
IVR425560
StrategyBWB – CICICICICIC
Strikesc:-$340 * 2
c:+$337.5/+$345		p:-$290/+$285 c:-$355/+$360p: -$205/+$242.5
c: -$222.5/+$225		p:-$580/+$575
c:-$625/+630		p:-$44/+$45
c:-$59/+$60		p:-$1690/+$1700
c:-$2030/+$2040
Price$.3$1.03$0.99$2.5$0.28$3.04
PoP79%60%35%20%69%64%


Closed trades

CycleFeb/21Feb/21Feb/21
SymbolAAPLMXBI
Total open price$0.3$1.07$.94
Close price$0.12$.72$.76
Multiplier100100100
P/L$18$35$18


Daily Scalp

Table

Date01/27/2001/27/2001/29/2001/31/20
SymbolSPXNDXNDXNDX
StrategyCr – PCr – PCr – CIC – L
Strikes-$3225/+3215-$8810/+8800-$9160/+$9170Multiple
Price(o/c)$60/$0$150/$30$86/$0$314/0
P/L$60$120$86$314
TriggerSPX opened sharply lower as a continuation of last Friday’s drop, had a contrarian bet on the market. Break even is below the low opening of the day.Similar bet to SPX, but actually traded Wednesday cycle since Monday NDX is not available. Was luck to closed in on Tuesday.NDX had an early up move to 0.8%, placed call spread on gap fill of previous high resistance line. NDX was down 2%, which is really rare, so scaled into fear and legged into IC

P/L Change

  • P/L Week: $651
  • P/L Year: +$2041(40.82%), including P/L for FB, TGT and TSLA rolls
  • Total commission & fees: $291.56
  • P/L Year w/fees: $1749.44(34.99%)

Jan Recap

This month is a great start and I’ve made a lot of money on paper. What I did right is 1) always keeping 40% of cash on hand of scalp and adjustment. 2) Use longer date cycles for earnings 3) defined risk for earnings. What I incurred too much risk is 1) With volatility rising, many trades have gone to the wrong direction, 3 out of 4 earning trades are outside the expected range… Will try to defend them and survive!

Volatility is back – in a sad way – Week 4

Week 4 P/L

New trades/adjustments

Date01/2101/2101/2101/2201/24
CycleFeb/21Feb/25Feb/21Feb/14Mar/20
SymbolTGT/NGH0NFLX/CLH0VXX
IVR33.929.7825
StrategyIC – LICCr – CCr – PCr- P
Strikesp:-$115/+$110 c:-$120/+$125p:-$1.8/+$1.7 c:-$2.0/+$2.1-$380/+$385-$52/+$51-$14
Price$2.27$.39$0.79$0.1$1.61
PoP41%46%50%62%

Closed trades

CycleJan/28Feb/21Feb/14
Symbol/GCG0NFLXVXX
Total open price$1.6$.79$1.13
Close price$0.8$.24$.97
Multiplier100100100
P/L$80$55$16

Daily Scalp

Date01/22/2001/24/20
SymbolNDXNDX
StrategyIC – LIC – L
Strikesp: -$9180/+9170
c: -$9250/+9260		Multiple
Price(o/c)$2/$0$7.53/$2.94
P/L$200$459
TriggerNDX had a 0.8% move to the upside so I entered call side first, then added put side to collect more premiumBecause of the Coronavirus news market has high probability to fall from record highs, however added put side too early! for the whole day I was fighting with market down trend as I added more trades and premium! At some point I had $20 spreads! Finally the market showed me some pocket money for the new year!

P/L Change

  • P/L Week: $810
  • P/L Year: +$1191(23.82%)
  • Total commission & fees: $233.1
  • P/L Year w/fees: $957.9(19.158%)

My first losing trade /CLG0

Week 3 – P/L

New trades/adjustments

Date01/1301/17
CycleFeb/21Feb/25
SymbolTSLA/NGH0
IVR6528
StrategyCr – CCr – P
Strikes-$625/+$630-$1.8/+$1.7
Price$.68$1.5
PoP85%72%

Closed trades

CycleJan/15
Symbol/CLG0
Total open price$0.66
Close price$1.0
Multiplier1000
P/L-$340

Daily Scalp

Date01/13/2001/15/20
SymbolNDXNDX
StrategyCr – cCr – p
Strikes-$9150/+9160-$9010/+$9000
Price(o/c)$1.11/$0$.7/0
P/L$111$70
TriggerNDX had a 1% move on Monday but since option was not available for Monday I chose to trade Wednesday Low risk companion trade since the call side is almost worthless

P/L Change

  • P/L Week: -$159
  • P/L Year: +$381
  • Total commission & fees: $164.35
  • P/L Year w/fees: $216.65

A green start for 2020

week1-p/l

Week 1 – P/L

New trades this week

Date01/02/2001/02/2001/03/2001/03/20
CycleJan/28Feb/21Jan/15Jan/28
Symbol/NGG0M/CLG0/GCG0
IVR36.74127.946
StrategyCr-P SpStrangleCr-C SpCr-C Sp
Strikes-$1.95/+$1.85$15p/$18c-$66/+$67-$1600/+$1605
Price$0.014 cr$1.07$0.13$0.6
PoP73%63%80%84%
  • /NG: High IV, bullish since it’s been down for long time.
  • M: High IV, price between short term resistance/support, familiar retail stock.
  • /CL: High IV, bearish since it’s been up for so long.
  • /GC: High IV, bearish since it’s been up for so long.

Daily Scalp this week

Date01/03/2001/03/20
SymbolNDXSPX
StrategyIC – legged inCr-P Sp
Strikesp:-$8760/+$8750 c:-$8850/+8860-$3215/+$3210
Price(o/c)$2.5/$0$.55/$0
TriggerNDX down 0.8% within 1 hour tradingSPX down 0.8% within 1 hour trading

P/L change

  • P/L Week: +$305
  • P/L Year: +$305