Weekly Trade Performance

Portfolio Performance
Pro Zones Trades -
 

Win Rate

Closed Positions

Reward/Risk Ratio

Average Position Size

12 Months

Simulated Performance


SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Sold
Close
-1
Jan 17, 2020
3035.00
Call
Bought
Close
+1
Jan 17, 2020
3030.00
Call
5.00 Debit

Target Metrics

Reward Risk R/R Ratio
$0.01 $0.75 0.01

REALIZED RESULTS

P/L ROI
-6.20 -100.00%
Reason for Closing:

I was no longer able to adjust this position without expending a significant more debit and felt it made more sense to finally let it go.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Bought
Open
+1
Jan 17, 2020
3035.00
Call
Sold
Open
-1
Jan 17, 2020
3030.00
Call
1.20 Debit

Target Metrics

Reward Risk R/R Ratio
$0.01 $0.75 0.01

ACTUAL PARAMETERS

Reward Risk Trade Risk
$-1.20 $6.20 5.00%
Reason for Opening:

ADJUSTMENT UPDATE 12/26/2019 @ 1:12 PM ET: NOTICE: IF NOT ALREADY IN THIS POSITION I WOULD NOT PARTICIPATE. As discussed in the group meeting on 12/26, I went ahead and rolled this position out to 01/17 expiration. This cost me 0.45 which leaves me with a net debit of 1.20. For weeks now I haven't expected to be profitable on this position, simply continuing to manage this position in an effort to avoid a max loss. ADJUSTMENT UPDATE 11/27/2019 @ 1:12 PM ET: NOTICE: IF NOT ALREADY IN THIS POSITION I WOULD NOT PARTICIPATE. As discussed in the group meeting on 11/26 which can be viewed here: https://thesupertrader.com/pos-11-26-2019/ I went ahead and rolled this position out to 12/27 expiration. This cost me 0.90 which leaves me with a net debit of 0.75. For weeks now I haven't expected to be profitable on this position, simply continuing to manage this position in an effort to avoid a max loss. ADJUSTMENT UPDATE 11/8/2019 @ 11:00 AM ET: As per the group meeting on 11/8, I went ahead and rolled this position out to the 11/29 expiration and was able to do so for a 1.00 debit leaving me with a 0.15 credit. ADJUSTMENT UPDATE 11/1/2019 @ 12:37 PM ET: I went ahead and rolled this position out from 11/1 expiry to next Friday 11/8/2019 expiration. I had originally collected a 2.35 credit and was able to roll for a 1.20 debit which leaves me with a net credit of 1.15.

LOSS MANAGEMENT PLAN

I will continue to manage this position either via closing or further adjustments if we don't see price migrate back down to the 3040-3030 price level

PROFIT MANAGEMENT PLAN

I will continue to manage this position either via closing or further adjustments if we don't see price migrate back down to the 3040-3030 price level

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
AAPL
Bear Call
Bought
Close
+1
Jan 17, 2020
250.00
Call
Sold
Close
-1
Jan 17, 2020
255.00
Call
5.00 Debit

Target Metrics

Reward Risk R/R Ratio
$0.94 $2.00 0.47

REALIZED RESULTS

P/L ROI
-4.06 -100.00%
Reason for Closing:

This position went radically against me and I wasn't able to do much about it in the end. Closed for max loss.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
AAPL
Bear Call
Sold
Open
-1
Jan 17, 2020
250.00
Call
Bought
Open
+1
Jan 17, 2020
255.00
Call
0.94 Credit

Target Metrics

Reward Risk R/R Ratio
$0.94 $2.00 0.47

ACTUAL PARAMETERS

Reward Risk Trade Risk
$0.94 $4.06 3.00%
Reason for Opening:

ADJUSTMENT UPDATE 12/20/2019 @ 11:55 AM ET: I went ahead and rolled this position again out to the Jan 17, 2020 expiration for a 0.20 debit in anticipation that AAPL will find resistance at a major 161.8% extension within the next 1-3 weeks and begin a corrective phase down into the 235-225 price levels. This leaves me with a net credit of ADJUSTMENT UPDATE 11/15/2019 @ 1:15 PM ET: I simply rolled this position out from the 11/15 expiry to the 12/20 which cost me 1.01 debit. As I began with a 2.15 credit this leaves me with 1.14 credit remaining. I will attach a link in these notes to the recording which explains my outlook and why I made this change once it is available. FILLED ORDER: Please note that AAPL reports earnings on 10/30 after the market closes which could have a negative effect on this position. With AAPL coming into a multi-year fib resistance level between the 100% - 123.6%, I expect the stock will find solid resistance and begin a wave lower down into approx. the 227 – 208 price levels by Jan 1, 2020.

LOSS MANAGEMENT PLAN

I will look to further manage this position after touching the 285 price level

PROFIT MANAGEMENT PLAN

I will also look to manage this position when we move down into the auction support zone which is approx. 247.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
BA
Iron Condor
Bought
Close
+1
Jan 17, 2020
350.00
Call
Sold
Close
-1
Jan 17, 2020
355.00
Call
Bought
Close
+1
Jan 17, 2020
325.00
Put
Sold
Close
-1
Jan 17, 2020
320.00
Put
1.16 Debit

Target Metrics

Reward Risk R/R Ratio
$1.68 $0.60 2.80

REALIZED RESULTS

P/L ROI
+0.52 15.66%
Reason for Closing:

With 3 days left until this position expires, I'm closing this position down as we are currently trading below the distribution/resistance zone and can easily migrate rapidly lower from here which puts the bull put side of this position at risk.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
BA
Iron Condor
Sold
Open
-1
Jan 17, 2020
350.00
Call
Bought
Open
+1
Jan 17, 2020
355.00
Call
Sold
Open
-1
Jan 17, 2020
325.00
Put
Bought
Open
+1
Jan 17, 2020
320.00
Put
1.68 Credit

Target Metrics

Reward Risk R/R Ratio
$1.68 $0.60 2.80

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.68 $3.32 5.00%
Reason for Opening:

I expect BA to continue to cluster between the 350 and the 320 price levels. Although price could challenge the 320 price level it should close above the 325 level on the daily time frame if clustering within said levels is going to continue.

LOSS MANAGEMENT PLAN

I will look to close this position if price appears to be closing below the 325 or above the 350 price levels.

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
DIS
Bull Put
Bought
Close
+1
Jan 17, 2020
145.00
Put
Sold
Close
-1
Jan 17, 2020
140.00
Put
1.02 Debit

Target Metrics

Reward Risk R/R Ratio
$1.62 $0.50 3.24

REALIZED RESULTS

P/L ROI
+0.60 17.75%
Reason for Closing:

With where SPX is, I am taking profits on DIS as I expect DIS to start to roll over again.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
DIS
Bull Put
Sold
Open
-1
Jan 17, 2020
145.00
Put
Bought
Open
+1
Jan 17, 2020
140.00
Put
1.62 Credit

Target Metrics

Reward Risk R/R Ratio
$1.62 $0.50 3.24

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.62 $3.38 3.00%
Reason for Opening:

Expect DIS to continue to hold the auction zone between the 144-143.50 price level over the next 1-2 weeks.

LOSS MANAGEMENT PLAN

I will look to close my position if the stock chasm’s below the 143.60 price level or appears to be closing below the 143.60 price level on the daily time frame. Should be able to keep losses limited to approx. 0.50.

PROFIT MANAGEMENT PLAN

I will look to capture profits around the 147-148 price levels. I expect to capture approx. $1.00 of profit.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Bought
Close
+1
Jan 17, 2020
3240.00
Call
Sold
Close
-1
Jan 17, 2020
3245.00
Call
2.90 Debit

Target Metrics

Reward Risk R/R Ratio
$2.85 $1.20 2.38

REALIZED RESULTS

P/L ROI
-0.05 -2.33%
Reason for Closing:

While analyzing the action this morning, it appears as though the SPX is going to challenge the 3240-3250 levels at a minimum. I'm just taking this position off momentarily and will re-open once we come into the purple lines as seen in my chart I've connected to this position.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Sold
Open
-1
Jan 17, 2020
3240.00
Call
Bought
Open
+1
Jan 17, 2020
3245.00
Call
2.85 Credit

Target Metrics

Reward Risk R/R Ratio
$2.85 $1.20 2.38

ACTUAL PARAMETERS

Reward Risk Trade Risk
$2.85 $2.15 5.00%
Reason for Opening:

Expecting a corrective wave lower down into the 3180-3140 price levels over the next several weeks as discussed in the 360 Review on 12/27.

LOSS MANAGEMENT PLAN

I will look to close this position if it appears we are going to be closing above the 3155 price level

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
DIS
Bull Put
Bought
Close
+1
Jan 3, 2020
145.00
Put
Sold
Close
-1
Jan 3, 2020
140.00
Put
0.35 Debit

Target Metrics

Reward Risk R/R Ratio
$1.00 $0.30 3.33

REALIZED RESULTS

P/L ROI
+1.05 29.17%
Reason for Closing:

This position worked out very nicely, closing going into expiration tomorrow.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
DIS
Bull Put
Sold
Open
-1
Jan 3, 2020
145.00
Put
Bought
Open
+1
Jan 3, 2020
140.00
Put
1.40 Credit

Target Metrics

Reward Risk R/R Ratio
$1.00 $0.30 3.33

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.40 $3.60 3.00%
Reason for Opening:

DIS is at the bottom of an auction zone that we expect the price to cluster around before continuing lower over the coming weeks.

LOSS MANAGEMENT PLAN

I would look to close this position if it appears we are going to be closing below the 143.69 price level

PROFIT MANAGEMENT PLAN

I will look to capture profits at around the 146 price level.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bull Put
Bought
Close
+1
Jan 3, 2020
3215.00
Put
Sold
Close
-1
Jan 3, 2020
3210.00
Put
0.65 Debit

Target Metrics

Reward Risk R/R Ratio
$1.80 $0.90 2.00

REALIZED RESULTS

P/L ROI
+1.15 35.94%
Reason for Closing:

Moved to upper end of expected weekly range this morning and could see a reversal back down to 3215ish are before this position expires.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bull Put
Sold
Open
-1
Jan 3, 2020
3215.00
Put
Bought
Open
+1
Jan 3, 2020
3210.00
Put
1.80 Credit

Target Metrics

Reward Risk R/R Ratio
$1.80 $0.90 2.00

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.80 $3.20 2.00%
Reason for Opening:

Although I expect the SPX to have a corrective sequence lower over the next several weeks, I don't expect the SPX to close below the 3215 price level by this upcoming Friday (01/03) as mentioned in the 360 Review from 12/27

LOSS MANAGEMENT PLAN

I will close this position if it appears we are going to close below the 3215 price level.

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
DIS
Bear Call
Bought
Close
+1
Jan 17, 2020
145.00
Call
Sold
Close
-1
Jan 17, 2020
150.00
Call
2.09 Debit

Target Metrics

Reward Risk R/R Ratio
$1.86 $0.75 2.48

REALIZED RESULTS

P/L ROI
-0.23 -7.32%
Reason for Closing:

DIS chasmed above my pivoting zone this morning and appears that it will close above it setting up for a move up into the 149 price level. I'm closing this position down for now for a small loss and will monitor for another position as it has been fairly predictable lately.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
DIS
Bear Call
Sold
Open
-1
Jan 17, 2020
145.00
Call
Bought
Open
+1
Jan 17, 2020
150.00
Call
1.86 Credit

Target Metrics

Reward Risk R/R Ratio
$1.86 $0.75 2.48

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.86 $3.14 4.00%
Reason for Opening:

DIS chasm’d below an accumulation zone on 12/23 and should continue down into the 140.50 price level over the next 1-2 months.

LOSS MANAGEMENT PLAN

I will look to close/manage this position if price breaks back above the 147.90 price level

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bull Put
Bought
Close
+1
Dec 27, 2019
3065.00
Put
Sold
Close
-1
Dec 27, 2019
3060.00
Put
0.05 Debit

Target Metrics

Reward Risk R/R Ratio
$1.50 $1.00 1.50

REALIZED RESULTS

P/L ROI
+1.45 41.43%
Reason for Closing:

This position helped to offset the losses in my 3065/3070 bear call I continue to manage.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bull Put
Sold
Open
-1
Dec 27, 2019
3065.00
Put
Bought
Open
+1
Dec 27, 2019
3060.00
Put
1.50 Credit

Target Metrics

Reward Risk R/R Ratio
$1.50 $1.00 1.50

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.50 $3.50 5.00%
Reason for Opening:

Adding this bull put with the same short strike that my bear call has as I still view this break as premature. We likely don't continue lower until after Dec. 15th as we have an untouched balance area at approx 3170, I see the SPX recovering over the next 1.5 weeks to challenge the 3170 price level. This position also acts as a hedge to my bear call position as I will likely need to continue to manage that bear call.

LOSS MANAGEMENT PLAN

I will look to close this position if we appear to be closing below the 3065 price level which marks the beginning of the multi-week cluster which began on 11/4

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bull Put
Bought
Close
+1
Dec 27, 2019
3030.00
Put
Sold
Close
-1
Dec 27, 2019
3025.00
Put
0.05 Debit

Target Metrics

Reward Risk R/R Ratio
$1.10 $1.00 1.10

REALIZED RESULTS

P/L ROI
+1.05 26.92%
Reason for Closing:

This position helped to offset my losses in my 3030/3035 bear call I continue to manage.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bull Put
Sold
Open
-1
Dec 27, 2019
3030.00
Put
Bought
Open
+1
Dec 27, 2019
3025.00
Put
1.10 Credit

Target Metrics

Reward Risk R/R Ratio
$1.10 $1.00 1.10

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.10 $3.90 5.00%
Reason for Opening:

Adding this bull put with the same short strike that my 3030/3035 bear call has as I still view this break as premature. We likely don't continue lower until after Dec. 15th as we have an untouched balance area at approx 3170, I see the SPX recovering over the next 1.5 weeks to challenge the 3170 price level. This position also acts as a hedge to my bear call position as I will likely need to continue to manage that bear call.

LOSS MANAGEMENT PLAN

I will look to close this position if we appear to be closing below the 3065 price level which marks the beginning of the multi-week cluster which began on 11/4

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.