Win Rate
Closed Positions
Reward/Risk Ratio
Average Position Size
12 Months
Simulated Performance
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Iron Condor
|
Bought
|
Close
|
+1
|
Jul 10, 2020 |
3230.00
|
Call
|
|
Sold
|
Close
|
-1
|
Jul 10, 2020 |
3235.00
|
Call
|
|||
Bought
|
Close
|
+1
|
Jul 10, 2020 |
3130.00
|
Put
|
|||
Sold
|
Close
|
-1
|
Jul 10, 2020 |
3125.00
|
Put
|
1.80
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$1.90 | $3.00 | 0.63 |
REALIZED RESULTS
P/L | ROI |
---|---|
+0.10 | 3.23% |
After the bearish engulfing candle yesterday afternoon, we decided to go ahead and just close this position and will reconsider as the week continues to develop.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Iron Condor
|
Sold
|
Open
|
-1
|
Jul 10, 2020 |
3230.00
|
Call
|
|
Bought
|
Open
|
+1
|
Jul 10, 2020 |
3235.00
|
Call
|
|||
Sold
|
Open
|
-1
|
Jul 10, 2020 |
3130.00
|
Put
|
|||
Bought
|
Open
|
+1
|
Jul 10, 2020 |
3125.00
|
Put
|
1.90
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$1.90 | $3.00 | 0.63 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$1.90 | $3.10 | 5.00% |
Expect the chop for the week to continue. Chart: https://tos.mx/PmgDID9
LOSS MANAGEMENT PLAN
Close if looking like we challenge the short strikes
PROFIT MANAGEMENT PLAN
expire worthless
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Iron Condor
|
Bought
|
Close
|
+1
|
Jul 2, 2020 |
3140.00
|
Call
|
|
Sold
|
Close
|
-1
|
Jul 2, 2020 |
3145.00
|
Call
|
|||
Bought
|
Close
|
+1
|
Jul 2, 2020 |
3080.00
|
Put
|
|||
Sold
|
Close
|
-1
|
Jul 2, 2020 |
3075.00
|
Put
|
2.30
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.35 | $2.50 | 0.94 |
REALIZED RESULTS
P/L | ROI |
---|---|
+0.15 | 5.88% |
Filled. Market extended beyond our expectations.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Iron Condor
|
Sold
|
Open
|
-1
|
Jul 2, 2020 |
3140.00
|
Call
|
|
Bought
|
Open
|
+1
|
Jul 2, 2020 |
3145.00
|
Call
|
|||
Sold
|
Open
|
-1
|
Jul 2, 2020 |
3080.00
|
Put
|
|||
Bought
|
Open
|
+1
|
Jul 2, 2020 |
3075.00
|
Put
|
2.45
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.35 | $2.50 | 0.94 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$2.45 | $2.55 | 5.00% |
Looking for SPX to cluster in this area
LOSS MANAGEMENT PLAN
Exit if we go above our resistance zone or below the 61.8
PROFIT MANAGEMENT PLAN
Expire worthless
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPY
|
Put
|
Bought
|
Close
|
+1
|
Aug 21, 2020 |
307.00
|
Put
|
13.86
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$13.51 | $293.49 | 0.05 |
REALIZED RESULTS
P/L | ROI |
---|---|
-0.35 | -0.12% |
I am closing my short puts and letting my Sept. Long Puts remain as per our discussion in the Zones Workshop from 06/24 which can be viewed here: https://thesupertrader.com/zones-page-2?date=06-24-2020
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPY
|
Put
|
Sold
|
Open
|
-1
|
Aug 21, 2020 |
307.00
|
Put
|
13.51
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$13.51 | $293.49 | 0.05 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$13.51 | $293.49 | 20.00% |
We are expecting a bit of a retrace but this short put will make up a significant portion of our risk and reduce our margin requirements. Adding it as a hedge.
LOSS MANAGEMENT PLAN
Close if we extend below the supporting auction zone as discussed on 6-23 in the PMR
PROFIT MANAGEMENT PLAN
Expire worthless or take profits if our auction zones and outlook change.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPY
|
Put
|
Bought
|
Close
|
+1
|
Jul 17, 2020 |
315.00
|
Put
|
10.40
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$7.60 | $307.40 | 0.02 |
REALIZED RESULTS
P/L | ROI |
---|---|
-2.80 | -0.91% |
As discussed in the PMR 6-23, we expect a test lower into the lower auction zone and 23.6 level on SPX. Closing and will let the long puts run.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPY
|
Put
|
Sold
|
Open
|
-1
|
Jul 17, 2020 |
315.00
|
Put
|
7.60
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$7.60 | $307.40 | 0.02 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$7.60 | $307.40 | 20.00% |
Looking to extend higher, adding the short put back
LOSS MANAGEMENT PLAN
look to close if price looks to be closing below the 130 on /es
PROFIT MANAGEMENT PLAN
Take off for profits at the 3250 ish level in /es
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bull Put
|
Bought
|
Close
|
+1
|
Jun 19, 2020 |
3080.00
|
Put
|
|
Sold
|
Close
|
-1
|
Jun 19, 2020 |
3075.00
|
Put
|
1.10
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.00 | $3.00 | 0.67 |
REALIZED RESULTS
P/L | ROI |
---|---|
+0.90 | 30.00% |
looking like we test lower taking profits.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bull Put
|
Sold
|
Open
|
-1
|
Jun 19, 2020 |
3080.00
|
Put
|
|
Bought
|
Open
|
+1
|
Jun 19, 2020 |
3075.00
|
Put
|
2.00
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.00 | $3.00 | 0.67 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$2.00 | $3.00 | 5.00% |
Bullish expectation per 360 review this friday
LOSS MANAGEMENT PLAN
Exit as price migrates below 2950
PROFIT MANAGEMENT PLAN
expire worthless
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPY
|
Call
|
Sold
|
Close
|
-1
|
Oct 16, 2020 |
295.00
|
Call
|
29.86
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$25.00 | $5.00 | 5.00 |
REALIZED RESULTS
P/L | ROI |
---|---|
+4.86 | 19.44% |
Looking like we are going to 1/2 back as discussed in the zones workshop on 6-17
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPY
|
Call
|
Bought
|
Open
|
+1
|
Oct 16, 2020 |
295.00
|
Call
|
25.00
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$25.00 | $5.00 | 5.00 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$0.00 | $25.00 | 25.00% |
As discussed in the 360 Review from 06/12, I anticipate a fairly strong and sizeable migration higher in the SPX over the next several months. Please listen to the 360 Review from 06/12 for further insight into the overall expectations. Note that I am using the SPY as my trading instrument based on my analysis of the SPX.
LOSS MANAGEMENT PLAN
I will look to use short term short call to offset my risk should we break below the 2950 price level in SPX
PROFIT MANAGEMENT PLAN
I will look to capture profits around the upper resistance zone at the top of my chart connected to this position (approx. the 3375-3400 price level in SPX)
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bull Put
|
Bought
|
Close
|
+1
|
Jun 17, 2020 |
3060.00
|
Put
|
|
Sold
|
Close
|
-1
|
Jun 17, 2020 |
3055.00
|
Put
|
0.00
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$1.50 | $3.40 | 0.44 |
REALIZED RESULTS
P/L | ROI |
---|---|
+1.60 | 47.06% |
No closing reason was given
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bull Put
|
Sold
|
Open
|
-1
|
Jun 17, 2020 |
3060.00
|
Put
|
|
Bought
|
Open
|
+1
|
Jun 17, 2020 |
3055.00
|
Put
|
1.60
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$1.50 | $3.40 | 0.44 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$1.60 | $3.40 | 5.00% |
Adding hedge to our bear call. Same number contracts, same short strike
LOSS MANAGEMENT PLAN
Adding as hedge
PROFIT MANAGEMENT PLAN
Evaluate as price migrates from this level.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bear Call
|
Bought
|
Close
|
+1
|
Jun 17, 2020 |
3055.00
|
Call
|
|
Sold
|
Close
|
-1
|
Jun 17, 2020 |
3060.00
|
Call
|
3.20
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$1.50 | $2.20 | 0.68 |
REALIZED RESULTS
P/L | ROI |
---|---|
-1.70 | -48.57% |
Expecting a test of 3100-3120 today, keeping the bull put on that we added yesterday.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bear Call
|
Sold
|
Open
|
-1
|
Jun 17, 2020 |
3055.00
|
Call
|
|
Bought
|
Open
|
+1
|
Jun 17, 2020 |
3060.00
|
Call
|
1.50
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$1.50 | $2.20 | 0.68 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$1.50 | $3.50 | 5.00% |
***************ROLLING OUT 2 WEEKS************************** We brought in 2.80 credit on the initial position, we rolled out for a debit of 1.30 leaving a credit of 1.50 in the position. I expect the SPX to stall here before marching higher. Going to take advantage of a week long position.
LOSS MANAGEMENT PLAN
Exit if we close above 3062 in SPX, the 61.8 level
PROFIT MANAGEMENT PLAN
Expire worthless
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPY
|
Put
|
Bought
|
Close
|
+1
|
Jul 17, 2020 |
315.00
|
Put
|
8.26
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$12.00 | $302.83 | 0.04 |
REALIZED RESULTS
P/L | ROI |
---|---|
+3.91 | 1.29% |
As discussed in the PMR we are closing this down taking profits and will add another short put when appropriate.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPY
|
Put
|
Sold
|
Open
|
-1
|
Jul 17, 2020 |
315.00
|
Put
|
12.17
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$12.00 | $302.83 | 0.04 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$12.17 | $302.83 | 20.00% |
Off setting risk in our long puts.
LOSS MANAGEMENT PLAN
This will add flexiblilty
PROFIT MANAGEMENT PLAN
Adding flexibility
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bear Call
|
Bought
|
Close
|
+1
|
May 15, 2020 |
2815.00
|
Call
|
|
Sold
|
Close
|
-1
|
May 15, 2020 |
2820.00
|
Call
|
2.10
Debit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.55 | $2.40 | 1.06 |
REALIZED RESULTS
P/L | ROI |
---|---|
+0.50 | 20.83% |
We are likely to test higher and we will add this position back later today or tomorrow at a better level with a larger size.
SYMBOL | Strategy | Side | Effect | Qty | Expiration | Strike | Type | Price |
---|---|---|---|---|---|---|---|---|
SPX
|
Bear Call
|
Sold
|
Open
|
-1
|
May 15, 2020 |
2815.00
|
Call
|
|
Bought
|
Open
|
+1
|
May 15, 2020 |
2820.00
|
Call
|
2.60
Credit
|
Target Metrics
Reward | Risk | R/R Ratio |
---|---|---|
$2.55 | $2.40 | 1.06 |
ACTUAL PARAMETERS
Reward | Risk | Trade Risk |
---|---|---|
$2.60 | $2.40 | 5.00% |
I see SPX moving down to approx the 2750 area over the next few sessions
LOSS MANAGEMENT PLAN
I will look to close this position if the market reverses and decides not to fail again at /es 2858 ish.
PROFIT MANAGEMENT PLAN
Allow this position to expire worthless.