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
CAT
Iron Condor
Bought
Close
+1
Nov 15, 2019
145.00
Call
Sold
Close
-1
Nov 15, 2019
150.00
Call
Bought
Close
+1
Nov 15, 2019
130.00
Put
Sold
Close
-1
Nov 15, 2019
125.00
Put
0.83 Debit

Target Metrics

Reward Risk R/R Ratio
$1.10 $0.85 1.29

REALIZED RESULTS

P/L ROI
+0.27 6.92%
Reason for Closing:

Mostly operated as expected. Running out of time and too close to short call strike. Closing down for what I can to avoid the risk of price moving above my short call strike.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
CAT
Iron Condor
Sold
Open
-1
Nov 15, 2019
145.00
Call
Bought
Open
+1
Nov 15, 2019
150.00
Call
Sold
Open
-1
Nov 15, 2019
130.00
Put
Bought
Open
+1
Nov 15, 2019
125.00
Put
1.10 Credit

Target Metrics

Reward Risk R/R Ratio
$1.10 $0.85 1.29

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.10 $3.90 3.00%
Reason for Opening:

With CAT breaking above a desc. Resistance zone, I expect that price will either retrace and challenge that zone, likely holding as support OR will quietly cluster higher into approx the 144 – 145 price level from the highs from the week of July 15th, 2019.

LOSS MANAGEMENT PLAN

I will look to close this position if price appears to be closing above the 145 or below the 130.50 price levels

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
MSFT
Bear Call
Bought
Close
+1
Nov 8, 2019
145.00
Call
Sold
Close
-1
Nov 8, 2019
150.00
Call
0.14 Debit

Target Metrics

Reward Risk R/R Ratio
$1.15 $0.80 1.44

REALIZED RESULTS

P/L ROI
+1.01 26.23%
Reason for Closing:

MSFT is creeping back to my short call strike. Closing this one down just in case it decides to challenge the 145 level this afternoon.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
MSFT
Bear Call
Sold
Open
-1
Nov 8, 2019
145.00
Call
Bought
Open
+1
Nov 8, 2019
150.00
Call
1.15 Credit

Target Metrics

Reward Risk R/R Ratio
$1.15 $0.80 1.44

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.15 $3.85 3.00%
Reason for Opening:

I expect MSFT to find resistance between the 146-145 price levels and to retest descending support zone, as seen in the chart with descending green lines, within the next 2 weeks.

LOSS MANAGEMENT PLAN

I will look to close this position if it appears that MSFT is going to be closing above the 146.25 price level

PROFIT MANAGEMENT PLAN

I will let this position expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
ROKU
Bear Call
Bought
Close
+1
Nov 8, 2019
145.00
Call
Sold
Close
-1
Nov 8, 2019
150.00
Call
1.75 Debit

Target Metrics

Reward Risk R/R Ratio
$2.25 $0.80 2.81

REALIZED RESULTS

P/L ROI
+0.50 18.18%
Reason for Closing:

With ROKU reporting earnings after the close, I'm closing this position down early.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
ROKU
Bear Call
Sold
Open
-1
Nov 8, 2019
145.00
Call
Bought
Open
+1
Nov 8, 2019
150.00
Call
2.25 Credit

Target Metrics

Reward Risk R/R Ratio
$2.25 $0.80 2.81

ACTUAL PARAMETERS

Reward Risk Trade Risk
$2.25 $2.75 3.00%
Reason for Opening:

ADJUSTMENT UPDATE 11/1/2019 @ 1:13 PM ET: With price continuing to hang out at resistance, I've decided to go ahead and roll this position to next Friday as I can do so for a credit of an additional 1.05. This brings my net credit up from 1.20 to 2.20. I expect that the asc. Resistance zone (red lines) will continue to operate as resistance with the possibility of the stock extending up to the 50% fib level (yellow line)

LOSS MANAGEMENT PLAN

I would look to close the position if the stock appears to be closing above the 50% fib level (yellow line), approx. the 144 price level.

PROFIT MANAGEMENT PLAN

I would be looking to let this position expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
ROKU
Bear Call
Bought
Close
+1
Nov 8, 2019
144.00
Call
Sold
Close
-1
Nov 8, 2019
149.00
Call
2.15 Debit

Target Metrics

Reward Risk R/R Ratio
$2.10 $0.25 8.40

REALIZED RESULTS

P/L ROI
-0.05 -1.72%
Reason for Closing:

With ROKU reporting earnings after the close, I'm closing this position down early.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
ROKU
Bear Call
Sold
Open
-1
Nov 8, 2019
144.00
Call
Bought
Open
+1
Nov 8, 2019
149.00
Call
2.10 Credit

Target Metrics

Reward Risk R/R Ratio
$2.10 $0.25 8.40

ACTUAL PARAMETERS

Reward Risk Trade Risk
$2.10 $2.90 3.00%
Reason for Opening:

ADJUSTMENT UPDATE 11/1/2019 @ 1:17pm ET: This is my second position in ROKU and as it continues to cluster around resistance, I decided to go ahead and roll this position out to next Friday 11/8 expiry. I was able to roll this position for an additional 0.25 of credit which brings my total net credit up to 2.10 on this position. ROKU has just come into a 50% fib level as well as a major auction zone which I expect will hold through the week as resistance.

LOSS MANAGEMENT PLAN

If we appear to be closing above the 145 price level I will look to close this position.

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
HD
Iron Condor
Bought
Close
+1
Nov 8, 2019
235.00
Call
Sold
Close
-1
Nov 8, 2019
240.00
Call
Bought
Close
+1
Nov 8, 2019
230.00
Put
Sold
Close
-1
Nov 8, 2019
225.00
Put
1.35 Debit

Target Metrics

Reward Risk R/R Ratio
$1.28 $1.00 1.28

REALIZED RESULTS

P/L ROI
-0.07 -1.88%
Reason for Closing:

Shutting this position down which was basically a max loss. Was able to make a few adjustments and salvage the position for the most part.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
HD
Iron Condor
Sold
Open
-1
Nov 8, 2019
235.00
Call
Bought
Open
+1
Nov 8, 2019
240.00
Call
Sold
Open
-1
Nov 8, 2019
230.00
Put
Bought
Open
+1
Nov 8, 2019
225.00
Put
1.28 Credit

Target Metrics

Reward Risk R/R Ratio
$1.28 $1.00 1.28

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.28 $3.72 4.00%
Reason for Opening:

ADJUSTMENT 10/22/2019 @ 2:53 pm ET: I rolled this position out in time from 10/25 exp. to 11/8. It cost me a debit of 0.98 to roll the bear call from the 232.50/237.50 up to the 235/240. I received a credit of 0.62 to roll my bull put from the 217.50/212.50 up to to 230/225. I originally brought in a credit of 1.64 so here is the math: 1.64 - 0.98(debit from bear call roll) + 0.62(credit from bull put roll) = leaves me with a net credit of 1.28 remaining. See this video explaining what I've done: https://thesupertrader.com/hd-adjustment-10-22-19/ I expect price to continue to find resistance on the 161.8% as well as the desc. auction zone as seen by desc. red line. Also expect the stock to continue to find support on the asc. auction support lines and the 100% fib level. Here's my ThinkorSwim Shared Chart: https://tos.mx/cBNJeuJ

LOSS MANAGEMENT PLAN

I will look to close this position when price gets down to around the descending supporting zone as seen in my chart.

PROFIT MANAGEMENT PLAN

I will close this position early as per my loss management plan and seen in this video explanation: https://thesupertrader.com/hd-adjustment-10-22-19/

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
TWLO
Bull Put
Bought
Close
+1
Nov 1, 2019
100.00
Put
Sold
Close
-1
Nov 1, 2019
95.00
Put
3.65 Debit

Target Metrics

Reward Risk R/R Ratio
$1.35 $0.90 1.50

REALIZED RESULTS

P/L ROI
-2.30 -63.01%
Reason for Closing:

TWLO chasmed below auction support and not likely to recover. As this is a small earnings play, I don't see that it makes sense to do anything other then close it down.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
TWLO
Bull Put
Sold
Open
-1
Nov 1, 2019
100.00
Put
Bought
Open
+1
Nov 1, 2019
95.00
Put
1.35 Credit

Target Metrics

Reward Risk R/R Ratio
$1.35 $0.90 1.50

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.35 $3.65 2.00%
Reason for Opening:

TWLO just came into a multi-year auction supporting zone. Please note that TWLO reports earnings on 10/30 which is before this position is due to expire. As such, as confident as I am about price holding as support, I have to take a relatively small position size due to the possibility that earnings causes the stock to break through support.

LOSS MANAGEMENT PLAN

I will attempt to close this position if it appears to be closing below the ascending supporting zone, approx. the 102.50 price level

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Bought
Close
+1
Oct 25, 2019
3025.00
Call
Sold
Close
-1
Oct 25, 2019
3030.00
Call
1.55 Debit

Target Metrics

Reward Risk R/R Ratio
$1.50 $0.75 2.00

REALIZED RESULTS

P/L ROI
-0.05 -1.43%
Reason for Closing:

FILLED ORDER: I went ahead and closed this position instead of continuing to play chicken. With the SPX challenging the top end of expected range and with this position expiring this afternoon to avoid the small risk that we pin top end of resistance at 3029-3026 this afternoon.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Sold
Open
-1
Oct 25, 2019
3025.00
Call
Bought
Open
+1
Oct 25, 2019
3030.00
Call
1.50 Credit

Target Metrics

Reward Risk R/R Ratio
$1.50 $0.75 2.00

ACTUAL PARAMETERS

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

I continue to anticipate that the SPX should stay below the previous high from 09/19 which was 3022. See my chart connected to this position.

LOSS MANAGEMENT PLAN

I will look to close this position if we appear to be closing above the 3022 price level

PROFIT MANAGEMENT PLAN

I will likely let this position expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
HD
Bear Call
Bought
Close
+1
Oct 25, 2019
235.00
Call
Sold
Close
-1
Oct 25, 2019
240.00
Call
1.46 Debit

Target Metrics

Reward Risk R/R Ratio
$2.36 $1.00 2.36

REALIZED RESULTS

P/L ROI
+0.90 34.09%
Reason for Closing:

Instead of adjusting this position, I decided to just close it down for slight profits.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
HD
Bear Call
Sold
Open
-1
Oct 25, 2019
235.00
Call
Bought
Open
+1
Oct 25, 2019
240.00
Call
2.36 Credit

Target Metrics

Reward Risk R/R Ratio
$2.36 $1.00 2.36

ACTUAL PARAMETERS

Reward Risk Trade Risk
$2.36 $2.64 2.00%
Reason for Opening:

Admittedly, this position is a bit riskier as we chasmed above the auction zone this morning so I will keep position size limited to just 2% of my net liq. However, with an understanding of where the market is at relative to it's auction zones, I expect that this is a false breakout of HD and will have a corrective way that will begin no later that next Tuesday 10/15

LOSS MANAGEMENT PLAN

I will look to close this position if we have not begun a corrective wave by 10/15 or if we appear to be closing above the 240 price level.

PROFIT MANAGEMENT PLAN

I will have to watch this one closely and determine how to proceed on whether I let it expire worthless or not based on how quickly and aggressively it invalidates the breakout (if it does).

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Bought
Close
+1
Oct 25, 2019
3010.00
Call
Sold
Close
-1
Oct 25, 2019
3015.00
Call
1.75 Debit

Target Metrics

Reward Risk R/R Ratio
$1.70 $0.75 2.27

REALIZED RESULTS

P/L ROI
-0.05 -1.52%
Reason for Closing:

Yesterday, I decided to open another bear call at the 3025 strike which is above the next level of resistance when this position at the 3010 price level came under pressure. I'm going to go ahead and close this 3010/3015 bear call position with it challenging above the 3010 price level yesterday and a real possibility we challenge the 3017 price level by Friday. Note that currently my 3025 bear call is above 2 auction resistance zones and should expire 100% profitable this Friday.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Sold
Open
-1
Oct 25, 2019
3010.00
Call
Bought
Open
+1
Oct 25, 2019
3015.00
Call
1.70 Credit

Target Metrics

Reward Risk R/R Ratio
$1.70 $0.75 2.27

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.70 $3.30 3.00%
Reason for Opening:

UPDATED EXPIRATION TO 10/25: After seeing that the 3000-3005 price levels worked as expected from our 360 Review from 10/04, I decided to go ahead and place another position based on my expectation that we will continue to find short term resistance around the 3000-3005 price levels. Here's my ThinkorSwim Shared Chart Link: http://tos.mx/jCNpuWn

LOSS MANAGEMENT PLAN

I will look to close this position if we appear to be closing above the 3010 price level

PROFIT MANAGEMENT PLAN

I will likely let this position expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
TGT
Bear Call
Bought
Close
+1
Nov 15, 2019
115.00
Call
Sold
Close
-1
Nov 15, 2019
120.00
Call
0.68 Debit

Target Metrics

Reward Risk R/R Ratio
$1.31 $0.43 3.05

REALIZED RESULTS

P/L ROI
+0.63 17.07%
Reason for Closing:

This position worked out quite a bit faster than I expected. This was based on a short term assumption that we would find resistance at around 114.75-114 price levels but would find temporary support around the 110.50 price level. With price finding resistance right where expected yesterday the stock has pulled back all the way to my short term supporting level just 24 hours later. This position still has 23 days to expiration so I'm closing it down and will see if I can get another shot at the position if we can find temporary support and move back up to around 114.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
TGT
Bear Call
Sold
Open
-1
Nov 15, 2019
115.00
Call
Bought
Open
+1
Nov 15, 2019
120.00
Call
1.31 Credit

Target Metrics

Reward Risk R/R Ratio
$1.31 $0.43 3.05

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.31 $3.69 5.00%
Reason for Opening:

The stock has just come into contact with 2 major auction zones on 2 different timeframes, the 20 year & the 2 year. There is 1 more resistance zone remaining on the 2 month timeframe which is a 161.8 extension @ the 114.15 price level. Overall, I expect the stock to hold below the 114.75 price level w/in the next 4 wks.

LOSS MANAGEMENT PLAN

I would look to close the position if the stock appears to be closing above the 114.75 price level.

PROFIT MANAGEMENT PLAN

I would be looking to let this position expire worthless.