Weekly Trade Performance

Portfolio Performance

Pro Zones Trades -

Win Rate

Closed Positions

Reward/Risk Ratio

Average Position Size

12 Months

Simulated Performance

...

Working
Closed

Nic Lovelace CLOSED a Bull Put position in BA for a Debit of 0.04

Filled 09/23/2021 | Logged 09/16/2021 @ 12:13:49pm EDT

REALIZED P/L +0.97

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.

⁰ Like

Nic Lovelace OPENED a Bull Put position in BA with 8 DTE

Filled 09/16/2021 | Logged 09/16/2021 @ 12:13:49pm EDT

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.

⁰ Like

Working
Closed

Nic Lovelace CLOSED an Iron Condor position in FB for a Debit of 0.26

Filled 09/17/2021 | Logged 09/08/2021 @ 11:32:44am EDT

REALIZED P/L +0.59

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%

Reason for Closing:

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

⁰ Like

Nic Lovelace OPENED a Iron Condor position in FB with 9 DTE

Filled 09/08/2021 | Logged 09/08/2021 @ 11:32:44am EDT

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%

Reason for Opening:

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.

⁰ Like

Working
Closed

Nic Lovelace CLOSED a Bear Call position in AMZN for a Debit of 0.00

Filled 09/17/2021 | Logged 09/08/2021 @ 11:26:57am EDT

REALIZED P/L +2.00

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

⁰ Like

Nic Lovelace OPENED a Bear Call position in AMZN with 1 DTE

Filled 09/16/2021 | Logged 09/08/2021 @ 11:26:57am EDT

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.

⁰ Like

Working
Closed

Nic Lovelace CLOSED a Call position in JD for a Debit of 0.11

Filled 09/16/2021 | Logged 09/08/2021 @ 12:27:14pm EDT

REALIZED P/L +0.61

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

Reason for Closing:

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.

⁰ Like

Nic Lovelace OPENED a Call position in JD with 23 DTE

Filled 09/08/2021 | Logged 09/08/2021 @ 12:27:14pm EDT

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%

Reason for Opening:

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.

⁰ Like

Working
Closed

Nic Lovelace CLOSED an Iron Condor position in BA for a Debit of 5.00

Filled 08/27/2021 | Logged 08/12/2021 @ 2:39:33pm EDT

REALIZED P/L -1.50

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%

Reason for Closing:

expired

⁰ Like

Nic Lovelace OPENED a Iron Condor position in BA with 15 DTE

Filled 08/12/2021 | Logged 08/12/2021 @ 2:39:33pm EDT

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%

Reason for Opening:

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.

¹ Like

Working
Closed

Nic Lovelace CLOSED a Bear Call position in SPX for a Debit of 2.90

Filled 08/26/2021 | Logged 08/24/2021 @ 10:22:36am EDT

REALIZED P/L -0.15

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%

Reason for Closing:

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.

⁰ Like

Nic Lovelace OPENED a Bear Call position in SPX with 3 DTE

Filled 08/24/2021 | Logged 08/24/2021 @ 10:22:36am EDT

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%

Reason for Opening:

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

¹ Like

Working
Closed

Nic Lovelace CLOSED a Bull Put position in SPX for a Debit of 0.05

Filled 08/23/2021 | Logged 08/20/2021 @ 3:55:54pm EDT

REALIZED P/L +2.15

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%

Reason for Closing:

Closing this position down and will be structuring more of a bearish skew in the Zones Portfolio within the next couple of days.

¹ Like

Nic Lovelace OPENED a Bull Put position in SPX with 3 DTE

Filled 08/20/2021 | Logged 08/20/2021 @ 3:55:54pm EDT

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%

Reason for Opening:

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.

⁰ Like

Working
Closed

Nic Lovelace CLOSED a Bull Put position in SPX for a Debit of 5.00

Filled 08/20/2021 | Logged 08/16/2021 @ 9:55:47am EDT

REALIZED P/L -4.35

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%

Reason for Closing:

Expired in the money.

⁰ Like

Nic Lovelace OPENED a Bull Put position in SPX with 2 DTE

Filled 08/18/2021 | Logged 08/16/2021 @ 9:55:47am EDT

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%

Reason for Opening:

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.

⁰ Like

Working
Closed

Nic Lovelace CLOSED a Bear Call position in SPX for a Debit of 1.90

Filled 08/17/2021 | Logged 08/12/2021 @ 2:35:27pm EDT

REALIZED P/L -0.40

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%

Reason for Closing:

I'm closing down this position as I see the SPX rising up into the 4490 price level before continuing much lower.

⁰ Like

Nic Lovelace OPENED a Bear Call position in SPX with 7 DTE

Filled 08/13/2021 | Logged 08/12/2021 @ 2:35:27pm EDT

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%

Reason for Opening:

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

¹ Like

Working
Closed

Nic Lovelace CLOSED a Bull Put position in NFLX for a Debit of 0.09

Filled 08/06/2021 | Logged 07/30/2021 @ 12:35:55pm EDT

REALIZED P/L +2.06

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%

Reason for Closing:

Closing this one down just in case things break down going into the close.

¹ Like

Nic Lovelace OPENED a Bull Put position in NFLX with 7 DTE

Filled 07/30/2021 | Logged 07/30/2021 @ 12:35:55pm EDT

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%

Reason for Opening:

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.

⁰ Like

...