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
FB
Bear Call
Bought
Close
+1
Dec 17, 2021
325.00
Call
Sold
Close
-1
Dec 17, 2021
330.00
Call
2.55 Debit

Target Metrics

Reward Risk R/R Ratio
$2.65 $2.30 1.15

REALIZED RESULTS

P/L ROI
+0.15 6.52%
Reason for Closing:

Closing this position down due to unnecessary risk going into FOMC Decision this afternoon and a good chance FB rallies to the 343+ level if the 325 level holds in the near term. Chart Link: http://tos.mx/9gmD1zD

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
FB
Bear Call
Sold
Open
-1
Dec 17, 2021
325.00
Call
Bought
Open
+1
Dec 17, 2021
330.00
Call
2.70 Credit

Target Metrics

Reward Risk R/R Ratio
$2.65 $2.30 1.15

ACTUAL PARAMETERS

Reward Risk Trade Risk
$2.70 $2.30 4.00%
Reason for Opening:

FB just showed evidence the past several days that it is getting ready to head down to approx. 295 over the very near term (1-2 weeks). This 325/330 bear call should work very nicely. Here's the ThinkorSwim Shared Chart: http://tos.mx/9yDkTmf

LOSS MANAGEMENT PLAN

I will look to close this position if price appears to be closing above the 336 price level.

PROFIT MANAGEMENT PLAN

I will let this position expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Bought
Close
+1
Dec 3, 2021
4620.00
Call
Sold
Close
-1
Dec 3, 2021
4625.00
Call
0.00 Debit

Target Metrics

Reward Risk R/R Ratio
$0.60 $1.00 0.60

REALIZED RESULTS

P/L ROI
+0.60 13.64%
Reason for Closing:

Took a bit of management but all is well that ends well :-) Position expired worthless and I was able to adjust out of a very large loss.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Sold
Open
-1
Dec 3, 2021
4620.00
Call
Bought
Open
+1
Dec 3, 2021
4625.00
Call
0.60 Credit

Target Metrics

Reward Risk R/R Ratio
$0.60 $1.00 0.60

ACTUAL PARAMETERS

Reward Risk Trade Risk
$0.60 $4.40 10.00%
Reason for Opening:

ADJUSTMENT 11/19/2021 @ 1:55pm ET: Apple and Amazon have been the primary drivers of keeping the SPX at upper levels. As seen in the Russell 2000 (RUT), the market is correcting and with AAPL and AMZN hitting their 2 year auction zones today, I feel it warranted to continue to work with these positions in an effort to minimize a loss that could be significantly reduced. I rolled this position out to the 3 DEC expiration which cost me a 0.90 debit leaving me with 0.60 credit. ===================================================== ADJUSTMENT 11/12/2021 @ 12:10pm ET: As discussed in PMR on 11/11/2021, we are at the beginning of a corrective sequence that brings the SPX down to at least 4575, and as far as 4500. As such, I'm sticking with this position by rolling it out 19 NOV 2021 expiry for a 1.50 debit. This leaves me with 1.50 credit as I originally brought in 3.00 on 11/03. http://tos.mx/kg5A1FZ ================================================== As discussed in the Post-Market Review on 11/2, I anticipate the S&P 500 Index to rise into approx. the 4635 price level going in the FOMC News @ 2pm ET on 11/3 and when the taper plans are announced, I am anticipating it being a sell the news event that should cause price to descend to approx. the 4481 price level within the next 1-2 weeks. Here's my ThinkorSwim Shared Chart: http://tos.mx/ipuFWvg

LOSS MANAGEMENT PLAN

I will look to close or otherwise adjust this position as evidence supports a pending pullback.

PROFIT MANAGEMENT PLAN

I will likely allow this position to expire worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
LCID
Call
Bought
Close
+1
Dec 3, 2021
65.00
Call
0.00 Debit

Target Metrics

Reward Risk R/R Ratio
$2.25 $1.00 2.25

REALIZED RESULTS

P/L ROI
+2.25 Unlmt
Reason for Closing:

The plan worked out perfectly to use these short calls as income against my equity position in LCID. I will continue to do this but will likely wait until we are around the 52ish price level or as protection w/ long puts if we are looking like the are going to break below the $40 price level.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
LCID
Call
Sold
Open
-1
Dec 3, 2021
65.00
Call
2.25 Credit

Target Metrics

Reward Risk R/R Ratio
$2.25 $1.00 2.25

ACTUAL PARAMETERS

Reward Risk Trade Risk
2.25 $0.00 0.10%
Reason for Opening:

LCID will likely cluster around a bit for the next several weeks after rising over 70% in less than 1 month. I'd prefer not to get my stock taken away but bringing in some premium against the equity will reduce my risk and provide income while I let the equity increase in value over the next several years. I have sold equal contracts to the shares I own. Here's my ThinkorSwim Chart: http://tos.mx/GoLMV6y

LOSS MANAGEMENT PLAN

If the stock rises above 65 I will just let the stock get taken away which gives me over a 33% return in just 3 weeks.

PROFIT MANAGEMENT PLAN

If the stock rises above 65 I will just let the stock get taken away which gives me over a 33% return in just 3 weeks.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
JD
Call
Sold
Close
-1
Jan 21, 2022
90.00
Call
5.40 Credit

Target Metrics

Reward Risk R/R Ratio
$25.00 $2.00 12.50

REALIZED RESULTS

P/L ROI
+0.95 21.35%
Reason for Closing:

closing this one down with only 2 months left until the LEAPS expire, and hitting the 1st major auction zone I was targeting.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
JD
Call
Bought
Open
+1
Jan 21, 2022
90.00
Call
4.45 Debit

Target Metrics

Reward Risk R/R Ratio
$25.00 $2.00 12.50

ACTUAL PARAMETERS

Reward Risk Trade Risk
$0.00 $4.45 10.00%
Reason for Opening:

JD has come into a long-term level of support that I anticipate will hold and expect that price will move back towards the 108-110 price levels by the end of 2021. 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/1enYFhf

LOSS MANAGEMENT PLAN

I will actively sell short term short calls once price rises up to the 83-85 price levels to reduce my overall risk.

PROFIT MANAGEMENT PLAN

I will look to capture profits at around the 107-110 price level.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
TGT
Bull Put
Bought
Close
+1
Oct 15, 2021
240.00
Put
Sold
Close
-1
Oct 15, 2021
235.00
Put
0.00 Debit

Target Metrics

Reward Risk R/R Ratio
$1.15 $1.15 1.00

REALIZED RESULTS

P/L ROI
+1.15 29.87%
Reason for Closing:

expired worthless.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
TGT
Bull Put
Sold
Open
-1
Oct 15, 2021
240.00
Put
Bought
Open
+1
Oct 15, 2021
235.00
Put
1.15 Credit

Target Metrics

Reward Risk R/R Ratio
$1.15 $1.15 1.00

ACTUAL PARAMETERS

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

As discussed in the 360 Review on 09/07 which can be viewed in the 360 Review Archives, I expect Target (Ticker: TGT) to spend the next several weeks clustering at the long-term institutional auction zone that price has just fallen to. Prior to opening this Bull Put, I also opened a Bear Call at an earlier expiration to take advantage of price clustering between the 250 and 239 price levels for the next 2-4 weeks. Here is the ThinkorSwim Share Chart: http://tos.mx/LWU3KSr

LOSS MANAGEMENT PLAN

I will look to close this position if price appears to be closing below the 239.00 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
SPX
Bear Call
Bought
Close
+1
Oct 11, 2021
4410.00
Call
Sold
Close
-1
Oct 11, 2021
4415.00
Call
0.25 Debit

Target Metrics

Reward Risk R/R Ratio
$2.90 $2.10 1.38

REALIZED RESULTS

P/L ROI
+2.65 126.19%
Reason for Closing:

Closing this one down a bit early as I've captured over 90% of the total profits and there's a good chance we bounce back towards the 4405-4410 price levels going into the close.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bear Call
Sold
Open
-1
Oct 11, 2021
4410.00
Call
Bought
Open
+1
Oct 11, 2021
4415.00
Call
2.90 Credit

Target Metrics

Reward Risk R/R Ratio
$2.90 $2.10 1.38

ACTUAL PARAMETERS

Reward Risk Trade Risk
$2.90 $2.10 4.00%
Reason for Opening:

The SPX has just risen to it's mid-zone on a 20yr auction matrix. I am anticipating this level to hold as resistance, at least temporarily and am using a slightly in the money bear call spread to bring in more credit to reduce my overall risk as it should at least pull back down to the 4385 price level before breaking above the mid-zone and this position would then be solidly out of the money and quite profitable. Here is the ThinkorSwim Shared Chart: http://tos.mx/dnfG3Vb

LOSS MANAGEMENT PLAN

I will look to close this position if we chasm or close above the 4430 price level

PROFIT MANAGEMENT PLAN

I will look to capture profits on this position on a pull back to around the 4385 price level.

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
TGT
Bear Call
Bought
Close
+1
Oct 1, 2021
250.00
Call
Sold
Close
-1
Oct 1, 2021
255.00
Call
0.00 Debit

Target Metrics

Reward Risk R/R Ratio
$1.05 $1.05 1.00

REALIZED RESULTS

P/L ROI
+1.05 26.58%
Reason for Closing:

expired worthless

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
TGT
Bear Call
Sold
Open
-1
Oct 1, 2021
250.00
Call
Bought
Open
+1
Oct 1, 2021
255.00
Call
1.05 Credit

Target Metrics

Reward Risk R/R Ratio
$1.05 $1.05 1.00

ACTUAL PARAMETERS

Reward Risk Trade Risk
$1.05 $3.95 3.00%
Reason for Opening:

As discussed in the 360 Review on 09/07 which can be viewed in the 360 Review Archives, I expect Target (Ticker: TGT) to spend the next several weeks clustering at the long-term institutional auction zone that price has just fallen to. I will be structuring both this Bear Call as well as a Bull Put to take advantage of price clustering between the 250 and 239 price levels for the next 2-4 weeks. Here is the ThinkorSwim Share Chart: http://tos.mx/LWU3KSr

LOSS MANAGEMENT PLAN

I will look to close this position if price appears to be closing above the 251.35 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
SPX
Bull Put
Bought
Close
+1
Sep 24, 2021
4435.00
Put
Sold
Close
-1
Sep 24, 2021
4430.00
Put
0.70 Debit

Target Metrics

Reward Risk R/R Ratio
$2.00 $1.50 1.33

REALIZED RESULTS

P/L ROI
+1.30 43.33%
Reason for Closing:

Capturing partial profits just in case the end of week ends up sloppy with the recent volatility. Will likely jump back in to an SPX position either Friday (09/24) or Monday (09/27)

SYMBOL Strategy Side Effect Qty Expiration Strike Type Price
SPX
Bull Put
Sold
Open
-1
Sep 24, 2021
4435.00
Put
Bought
Open
+1
Sep 24, 2021
4430.00
Put
2.00 Credit

Target Metrics

Reward Risk R/R Ratio
$2.00 $1.50 1.33

ACTUAL PARAMETERS

Reward Risk Trade Risk
$2.00 $3.00 6.00%
Reason for Opening:

***FILLED ORDER*** As discussed in the Post-Market Review on 09/16, I am moving my SPX bull put down to the 4435 SP / 4430 LP as I still see evidence in the auction that the SPX should continue to cluster between 4430 - 4575 over the next several weeks. Instead of rolling my existing SPX bull put, as it is trading at a $5.00 debit, I will let that position expire and have simply just opened this new position with 6% portfolio risk. Here's the ThinkorSwim Shared Chart: http://tos.mx/mFHXFaH

LOSS MANAGEMENT PLAN

If the SPX has either closed below the 4525 or has not close above the 4460 price levels by Wed 09/22, I will close this position

PROFIT MANAGEMENT PLAN

I will allow this position to expire worthless

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%
Reason for Closing:

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%
Reason for Opening:

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
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%
Reason for Closing:

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%
Reason for Opening:

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.