Win Rate
Closed Positions
Reward/Risk Ratio
Average Position Size
12 Months
Simulated Performance
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
BA
|
Bull Put
|
Bought
|
Close
|
+1
|
Sep 24, 2021 |
210.00
|
Put
|
|
Sold
|
Close
|
-1
|
Sep 24, 2021 |
205.00
|
Put
|
0.04
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$1.01 | $1.15 | 0.88 |
REALIZED RESULTS
P/L | ROI |
---|---|
+0.97 | 24.31% |
Have captured nearly 100% of the maximum profits. Removing risk to re-allocate to other opportunities.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
BA
|
Bull Put
|
Sold
|
Open
|
-1
|
Sep 24, 2021 |
210.00
|
Put
|
|
Bought
|
Open
|
+1
|
Sep 24, 2021 |
205.00
|
Put
|
1.01
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$1.01 | $1.15 | 0.88 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$1.01 | $3.99 | 3.00% |
BA has descended into a mid-term auction zone (blue lines) and long-term auction zone (black lines) and has confirmed support with a higher low this week than the previous. As such, I expect clustering in BA for the next several weeks above the 210 price level and a bull put with the 210 short put should benefit well. Here is the ThinkorSwim Shared Chart: http://tos.mx/cRoHxfX
LOSS MANAGEMENT PLAN
I will look to further adjust this position as long as price continues to cluster or will close this position if price appears to be closing below the 205 price level on the daily time frame.
PROFIT MANAGEMENT PLAN
I will look to allow this position to expire worthless.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
FB
|
Iron Condor
|
Bought
|
Close
|
+1
|
Sep 17, 2021 |
390.00
|
Call
|
|
Sold
|
Close
|
-1
|
Sep 17, 2021 |
395.00
|
Call
|
|||
Bought
|
Close
|
+1
|
Sep 17, 2021 |
360.00
|
Put
|
|||
Sold
|
Close
|
-1
|
Sep 17, 2021 |
355.00
|
Put
|
0.26
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$0.85 | $1.00 | 0.85 |
REALIZED RESULTS
P/L | ROI |
---|---|
+0.59 | 14.22% |
FB is way too close for comfort to my bull put spread after dropping over 3%. Closing this one down just in case they drop it below 360 by the close. ThinkorSwim Chart: http://tos.mx/byX0tFN
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
FB
|
Iron Condor
|
Sold
|
Open
|
-1
|
Sep 17, 2021 |
390.00
|
Call
|
|
Bought
|
Open
|
+1
|
Sep 17, 2021 |
395.00
|
Call
|
|||
Sold
|
Open
|
-1
|
Sep 17, 2021 |
360.00
|
Put
|
|||
Bought
|
Open
|
+1
|
Sep 17, 2021 |
355.00
|
Put
|
0.85
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$0.85 | $1.00 | 0.85 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$0.85 | $4.15 | 6.00% |
Discussed this setup in the 360 Review on 09/07. Expecting FB to cluster in the long-term auction zone price is currently trading within for the next 2-4 weeks. Structuring an Iron Condor to benefit from the chop. Here's the ThinkorSwim Shared Chart: http://tos.mx/5Qgn17z
LOSS MANAGEMENT PLAN
I will look to close this position if price looks to be closing above the 390 or below the 360 price levels
PROFIT MANAGEMENT PLAN
I will allow this position to expire worthless.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
AMZN
|
Bear Call
|
Bought
|
Close
|
+1
|
Sep 17, 2021 |
4510.00
|
Call
|
|
Sold
|
Close
|
-1
|
Sep 17, 2021 |
4515.00
|
Call
|
0.00
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.00 | $1.00 | 2.00 |
REALIZED RESULTS
P/L | ROI |
---|---|
+2.00 | 66.67% |
expired worthless
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
AMZN
|
Bear Call
|
Sold
|
Open
|
-1
|
Sep 17, 2021 |
4510.00
|
Call
|
|
Bought
|
Open
|
+1
|
Sep 17, 2021 |
4515.00
|
Call
|
2.00
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.00 | $1.00 | 2.00 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$2.00 | $3.00 | 3.00% |
I expect Amazon (Ticker: AMZN) to spend the next several weeks clustering at the long-term institutional auction zone that price has just risen to and therefore am structuring a bear call to benefit from price at least resisting at these levels for the next few weeks. Here is the ThinkorSwim Share Chart: http://tos.mx/zE7chFO
LOSS MANAGEMENT PLAN
I will look to further adjust this position as long as price continues to cluster or will close this position if price appears to be closing above the the 3545 price level on the daily time frame.
PROFIT MANAGEMENT PLAN
I will look to allow this position to expire worthless.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
JD
|
Call
|
Bought
|
Close
|
+1
|
Oct 1, 2021 |
90.00
|
Call
|
0.11
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$0.72 | $1.00 | 0.72 |
REALIZED RESULTS
P/L | ROI |
---|---|
+0.61 | Unlmt |
At 0.61 profit, I've captured most of the 0.72 of total value in these short calls and have been able to reduce my cost basis/risk in my 90 strike Long Calls in JD from 4.40 down to 3.79.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
JD
|
Call
|
Sold
|
Open
|
-1
|
Oct 1, 2021 |
90.00
|
Call
|
0.72
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$0.72 | $1.00 | 0.72 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
0.72 | $0.00 | 10.00% |
With price rising into an auction zone this week, and the likelihood of price stalling for the next 1-4 weeks, I am selling these calls to reduce my risk and increase overall profitability in my 90 strike long calls that expire 21 JAN 2022 in JD. Please see the Zones Workshop from 04/22 further analysis: https://thesupertrader.com/zones-page-2/?date=04-21-2021 Here is my chart from ThinkorSwim: http://tos.mx/H9NyT0U
LOSS MANAGEMENT PLAN
I will look to close this position if price looks to close above the 89 price level before expiration
PROFIT MANAGEMENT PLAN
I will let this position expire worthless.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
BA
|
Iron Condor
|
Bought
|
Close
|
+1
|
Aug 27, 2021 |
255.00
|
Call
|
|
Sold
|
Close
|
-1
|
Aug 27, 2021 |
260.00
|
Call
|
|||
Bought
|
Close
|
+1
|
Aug 27, 2021 |
245.00
|
Put
|
|||
Sold
|
Close
|
-1
|
Aug 27, 2021 |
240.00
|
Put
|
5.00
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$3.50 | $0.90 | 3.89 |
REALIZED RESULTS
P/L | ROI |
---|---|
-1.50 | -100.00% |
expired
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
BA
|
Iron Condor
|
Sold
|
Open
|
-1
|
Aug 27, 2021 |
255.00
|
Call
|
|
Bought
|
Open
|
+1
|
Aug 27, 2021 |
260.00
|
Call
|
|||
Sold
|
Open
|
-1
|
Aug 27, 2021 |
245.00
|
Put
|
|||
Bought
|
Open
|
+1
|
Aug 27, 2021 |
240.00
|
Put
|
3.50
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$3.50 | $0.90 | 3.89 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$3.50 | $1.50 | 2.00% |
See the Zones workshop from 8/11 for complete analysis here: https://thesupertrader.com/zones-page-2/?date=08-11-2021
LOSS MANAGEMENT PLAN
I will look to close this position if BA is setting up to close below the 233 or above the 253 price levels
PROFIT MANAGEMENT PLAN
I will look to let this position expire worthless.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bear Call
|
Bought
|
Close
|
+1
|
Aug 27, 2021 |
4490.00
|
Call
|
|
Sold
|
Close
|
-1
|
Aug 27, 2021 |
4495.00
|
Call
|
2.90
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.60 | $1.00 | 2.60 |
REALIZED RESULTS
P/L | ROI |
---|---|
-0.15 | -6.67% |
I have reason to suspect based on a developing fib. in this chart: http://tos.mx/SF5Xp26 that the SPX is going up to approx. the 4518 price level within the next 2 sessions. Closing this down for a small loss and will reconsider around the 4520 price level.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bear Call
|
Sold
|
Open
|
-1
|
Aug 27, 2021 |
4490.00
|
Call
|
|
Bought
|
Open
|
+1
|
Aug 27, 2021 |
4495.00
|
Call
|
2.75
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.60 | $1.00 | 2.60 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$2.75 | $2.25 | 3.00% |
As discussed in the 360 Review from 08/23, I expect the SPX to find resistance around the 4490 price level.
LOSS MANAGEMENT PLAN
I will look to close this position if we break and are looking to close above the 4500 price level.
PROFIT MANAGEMENT PLAN
I will let this position expire worthless
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bull Put
|
Bought
|
Close
|
+1
|
Aug 23, 2021 |
4450.00
|
Put
|
|
Sold
|
Close
|
-1
|
Aug 23, 2021 |
4445.00
|
Put
|
0.05
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.20 | $1.00 | 2.20 |
REALIZED RESULTS
P/L | ROI |
---|---|
+2.15 | 76.79% |
Closing this position down and will be structuring more of a bearish skew in the Zones Portfolio within the next couple of days.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bull Put
|
Sold
|
Open
|
-1
|
Aug 23, 2021 |
4450.00
|
Put
|
|
Bought
|
Open
|
+1
|
Aug 23, 2021 |
4445.00
|
Put
|
2.20
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.20 | $1.00 | 2.20 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$2.20 | $2.80 | 2.00% |
Although my existing bull put will expire out of the money most likey today, I'm opening this one for Monday's expiration as we should move back up to 4460-4475 after the price action today.
LOSS MANAGEMENT PLAN
I will look to adjust this position if we aren't above 4450 by 12pm on Monday 8/20.
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
|
Aug 20, 2021 |
4450.00
|
Put
|
|
Sold
|
Close
|
-1
|
Aug 20, 2021 |
4445.00
|
Put
|
5.00
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$0.50 | $1.00 | 0.50 |
REALIZED RESULTS
P/L | ROI |
---|---|
-4.35 | -100.00% |
Expired in the money.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bull Put
|
Sold
|
Open
|
-1
|
Aug 20, 2021 |
4450.00
|
Put
|
|
Bought
|
Open
|
+1
|
Aug 20, 2021 |
4445.00
|
Put
|
0.65
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$0.50 | $1.00 | 0.50 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$0.65 | $4.35 | 2.00% |
ADJUSTMENT 18 AUG 2021 @ 3:15pm ET: I'm rolling this position out to this Friday 08/20. This was done for a 1.60 debit leaving me with 0.65 credit. ================= As discussed in the 360 Review from 08/14, I anticipate the SPX to find support around the 4436 price level and continue higher at least into the 4475-4490 level before beginning a multi-phase correction around the time of the Sept. FOMC meeting
LOSS MANAGEMENT PLAN
I will look to close this position if price is going to close below the 4335 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
|
Aug 20, 2021 |
4450.00
|
Call
|
|
Sold
|
Close
|
-1
|
Aug 20, 2021 |
4455.00
|
Call
|
1.90
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$1.50 | $1.00 | 1.50 |
REALIZED RESULTS
P/L | ROI |
---|---|
-0.40 | -11.43% |
I'm closing down this position as I see the SPX rising up into the 4490 price level before continuing much lower.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bear Call
|
Sold
|
Open
|
-1
|
Aug 20, 2021 |
4450.00
|
Call
|
|
Bought
|
Open
|
+1
|
Aug 20, 2021 |
4455.00
|
Call
|
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 | 2.00% |
ADJUSTMENT 13 AUGUST 2021 @ 1:40pm ET: Rolling this one out to next Friday 20 AUG 2021 as per my LMP. I was able to roll for a 1.50 debit leaving me with a 1.50 net credit after the roll. ======================= Expecting the price to stay close to the purple auction zone and begin working back towards it starting tomorrow. Here's the chart: http://tos.mx/8XgkN4i
LOSS MANAGEMENT PLAN
I will look to roll this position if we haven't come back down below 4450 by 1pm ET on 8/13.
PROFIT MANAGEMENT PLAN
I will likely allow this position to expire worthless
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
NFLX
|
Bull Put
|
Bought
|
Close
|
+1
|
Aug 6, 2021 |
517.50
|
Put
|
|
Sold
|
Close
|
-1
|
Aug 6, 2021 |
512.50
|
Put
|
0.09
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.15 | $0.50 | 4.30 |
REALIZED RESULTS
P/L | ROI |
---|---|
+2.06 | 72.28% |
Closing this one down just in case things break down going into the close.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
NFLX
|
Bull Put
|
Sold
|
Open
|
-1
|
Aug 6, 2021 |
517.50
|
Put
|
|
Bought
|
Open
|
+1
|
Aug 6, 2021 |
512.50
|
Put
|
2.15
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.15 | $0.50 | 4.30 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$2.15 | $2.85 | 3.00% |
See the Zones Workshop from 7/28 for the complete analysis on this position. Following James' lead and legging into the Bull Put side of this position and then will likely add a Bear Call on the stock rising to complete an Iron Condor. Here's the ThinkorSwim Chart: http://tos.mx/EIpEIf9
LOSS MANAGEMENT PLAN
Will look to the position if it appears we will be closing below the 513 price level. Going to give this trade a few days to work into first week of August.
PROFIT MANAGEMENT PLAN
Will allow to expire worthless.