Weekly Trade Performance

Portfolio Performance

Pro Zones Trades -

Win Rate

Closed Positions

Reward/Risk Ratio

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12 Months

Simulated Performance

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Closed

Nic Lovelace CLOSED an Iron Condor position in SPX for a Debit of 4.10

Filled 08/27/2020 | Logged 08/21/2020 @ 2:47:39pm EDT

REALIZED P/L -2.50

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Iron Condor	Bought	Close	+1	Aug 28, 2020	3450.00	Call
		Sold	Close	-1	Aug 28, 2020	3455.00	Call
		Bought	Close	+1	Aug 28, 2020	3350.00	Put
		Sold	Close	-1	Aug 28, 2020	3345.00	Put	4.10 Debit

Target Metrics

Reward	Risk	R/R Ratio
$1.60	$1.25	1.28

REALIZED RESULTS

P/L	ROI
-2.50	-73.53%

Reason for Closing:

Closing this position after breaking above my exit level.

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Nic Lovelace OPENED a Iron Condor position in SPX with 7 DTE

Filled 08/21/2020 | Logged 08/21/2020 @ 2:47:39pm EDT

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Iron Condor	Sold	Open	-1	Aug 28, 2020	3450.00	Call
		Bought	Open	+1	Aug 28, 2020	3455.00	Call
		Sold	Open	-1	Aug 28, 2020	3350.00	Put
		Bought	Open	+1	Aug 28, 2020	3345.00	Put	1.60 Credit

Target Metrics

Reward	Risk	R/R Ratio
$1.60	$1.25	1.28

ACTUAL PARAMETERS

Reward	Risk	Trade Risk
$1.60	$3.40	5.00%

Reason for Opening:

As discussed in the 360 Review on 08/21, I expect continued upside but should be contained within the 3450 and 3350 price levels throughout the week.

LOSS MANAGEMENT PLAN

I will look to close this position if it either of the short strikes are challenged

PROFIT MANAGEMENT PLAN

I will let this position expire worthless.

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Closed

Nic Lovelace CLOSED a Put position in TSLA for a Credit of 29.05

Filled 08/20/2020 | Logged 08/19/2020 @ 1:45:41pm EDT

REALIZED P/L -2.10

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
TSLA	Put	Sold	Close	-1	Nov 20, 2020	1100.00	Put	29.05 Credit

Target Metrics

Reward	Risk	R/R Ratio
$1068.70	$31.15	34.31

REALIZED RESULTS

P/L	ROI
-2.10	-6.74%

Reason for Closing:

Closing this position with TSLA breaking above previous high on 8/18.

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Nic Lovelace OPENED a Put position in TSLA with 93 DTE

Filled 08/19/2020 | Logged 08/19/2020 @ 1:45:41pm EDT

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
TSLA	Put	Bought	Open	+1	Nov 20, 2020	1100.00	Put	31.15 Debit

Target Metrics

Reward	Risk	R/R Ratio
$1068.70	$31.15	34.31

ACTUAL PARAMETERS

Reward	Risk	Trade Risk
$1068.85	$31.15	20.00%

Reason for Opening:

With a P/E ratio of 985 and hitting a major 130.9% fib level at the 1925 price level, I expect TSLA to retrace down to the opposite 161.8 level which puts the stock approx. 40% lower down around the 1100 price level.

LOSS MANAGEMENT PLAN

I will look to close this position if we break above the 1930 price level

PROFIT MANAGEMENT PLAN

I will look to capture profits around the 1100-1200 price levels which will be the 240-220 level post split which is on 8/31

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Closed

Nic Lovelace CLOSED a Call position in XLE for a Credit of 6.45

Filled 08/18/2020 | Logged 08/12/2020 @ 3:01:06pm EDT

REALIZED P/L -1.00

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
XLE	Call	Sold	Close	-1	Dec 18, 2020	32.00	Call	6.45 Credit

Target Metrics

Reward	Risk	R/R Ratio
$5.00	$2.00	2.50

REALIZED RESULTS

P/L	ROI
-1.00	-13.42%

Reason for Closing:

Closing this position down as SPX hits ATH and XLE still showing weakness.

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Nic Lovelace OPENED a Call position in XLE with 128 DTE

Filled 08/12/2020 | Logged 08/12/2020 @ 3:01:06pm EDT

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
XLE	Call	Bought	Open	+1	Dec 18, 2020	32.00	Call	7.45 Debit

Target Metrics

Reward	Risk	R/R Ratio
$5.00	$2.00	2.50

ACTUAL PARAMETERS

Reward	Risk	Trade Risk
$0.00	$7.45	10.00%

Reason for Opening:

I expect the energy sector ETF to see an aggressive move towards the $47.00 price level within the next 60-90 days. We discussed this towards the end of the Zones Workshop on 8/12.

LOSS MANAGEMENT PLAN

I will look to offset risk using short term short calls if we begin to see price migrating below the 36.75 price level

PROFIT MANAGEMENT PLAN

I will look to capture profits around the 46.75 price level.

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Closed

Nic Lovelace CLOSED a Bull Put position in BA for a Debit of 3.30

Filled 08/18/2020 | Logged 08/12/2020 @ 2:40:29pm EDT

REALIZED P/L -1.00

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
BA	Bull Put	Bought	Close	+1	Aug 21, 2020	175.00	Put
		Sold	Close	-1	Aug 21, 2020	170.00	Put	3.30 Debit

Target Metrics

Reward	Risk	R/R Ratio
$2.30	$1.00	2.30

REALIZED RESULTS

P/L	ROI
-1.00	-37.04%

Reason for Closing:

Breaking below my exit level and not able to monitor as closely as I'd like with ThinkorSwim being down. Was able to login to www.tdameritrade.com to close this position.

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Nic Lovelace OPENED a Bull Put position in BA with 9 DTE

Filled 08/12/2020 | Logged 08/12/2020 @ 2:40:29pm EDT

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
BA	Bull Put	Sold	Open	-1	Aug 21, 2020	175.00	Put
		Bought	Open	+1	Aug 21, 2020	170.00	Put	2.30 Credit

Target Metrics

Reward	Risk	R/R Ratio
$2.30	$1.00	2.30

ACTUAL PARAMETERS

Reward	Risk	Trade Risk
$2.30	$2.70	3.00%

Reason for Opening:

As discussed in the Zones Workshop on 8/12, I expect BA to find support on the current pivoting zone it is in and see price migration up into the 200ish price levels over the next 1-2 months. http://tos.mx/Rg3iP0Q

LOSS MANAGEMENT PLAN

I will look to close this position if we appear to be closing below the pivoting zone (approx. 171.50-170) as seen in the attached chart represented by the dashed purple lines

PROFIT MANAGEMENT PLAN

I will look to allow this position to expire worthless.

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Closed

Nic Lovelace CLOSED a Bull Put position in CRM for a Debit of 1.70

Filled 08/18/2020 | Logged 08/11/2020 @ 12:41:22pm EDT

REALIZED P/L +1.85

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
CRM	Bull Put	Bought	Close	+1	Aug 21, 2020	202.50	Put
		Sold	Close	-1	Aug 21, 2020	197.50	Put	1.70 Debit

Target Metrics

Reward	Risk	R/R Ratio
$3.40	$0.60	5.67

REALIZED RESULTS

P/L	ROI
+1.85	127.59%

Reason for Closing:

Not able to monitor as closely as I'd like with ThinkorSwim being down. Closing this one for now.

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Nic Lovelace OPENED a Bull Put position in CRM with 10 DTE

Filled 08/11/2020 | Logged 08/11/2020 @ 12:41:22pm EDT

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
CRM	Bull Put	Sold	Open	-1	Aug 21, 2020	202.50	Put
		Bought	Open	+1	Aug 21, 2020	197.50	Put	3.55 Credit

Target Metrics

Reward	Risk	R/R Ratio
$3.40	$0.60	5.67

ACTUAL PARAMETERS

Reward	Risk	Trade Risk
$3.55	$1.45	5.00%

Reason for Opening:

CRM has yet to extend up to its 161.8 extension and has confirmed support on the 130.9 after breaking above the past 2 weeks. I expect the stock to continue to rise up to the 161.8 fib level (approx. 214-215 price level). http://tos.mx/dYlUGvq

LOSS MANAGEMENT PLAN

I would look to close the position if the stock appears to be break below the 197.00 price level and not finding support.

PROFIT MANAGEMENT PLAN

I would likely allow this position to expire worthless unless the equity fails to migrate above the 203 price level by Wednesday Aug. 19th. If the latter becomes the reality, I will simply close the position and capture what is available.

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Closed

Nic Lovelace CLOSED a Bear Call position in SPX for a Debit of 5.00

Filled 08/14/2020 | Logged 07/09/2020 @ 10:53:18am EDT

REALIZED P/L -3.70

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Bear Call	Bought	Close	+1	Aug 14, 2020	3150.00	Call
		Sold	Close	-1	Aug 14, 2020	3155.00	Call	5.00 Debit

Target Metrics

Reward	Risk	R/R Ratio
$1.30	$2.25	0.58

REALIZED RESULTS

P/L	ROI
-3.70	-100.00%

Reason for Closing:

Tough loss. Market has relentlessly blown higher.

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Nic Lovelace OPENED a Bear Call position in SPX with 36 DTE

Filled 07/09/2020 | Logged 07/09/2020 @ 10:53:18am EDT

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Bear Call	Sold	Open	-1	Aug 14, 2020	3150.00	Call
		Bought	Open	+1	Aug 14, 2020	3155.00	Call	1.30 Credit

Target Metrics

Reward	Risk	R/R Ratio
$1.30	$2.25	0.58

ACTUAL PARAMETERS

Reward	Risk	Trade Risk
$1.30	$3.70	5.00%

Reason for Opening:

*******************ROLLING************************ Getting more time, could see one last pop higher. Original credit $2.55-$0.55 debit to roll, net remaining credit $2.00, new roll debit $0.70 = total new net credit: $1.30 *******************ROLLING************************ Getting more time on this one too, Original credit $2.55-$0.55 debit to roll, net remaining credit $2.00 Per the PMR on 7-7-2020, looks like we are beginning to see confirmation of rejection of these upper levels, placing a bear call to take advantage of the move lower. Going out in time in case we are not "done" at this upper zone.

LOSS MANAGEMENT PLAN

if we break above and look to be holding higher than our short strikes

PROFIT MANAGEMENT PLAN

expire worthless

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Closed

Nic Lovelace CLOSED a Bear Call position in SPX for a Debit of 5.00

Filled 08/14/2020 | Logged 07/09/2020 @ 3:39:51pm EDT

REALIZED P/L -3.30

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Bear Call	Bought	Close	+1	Aug 14, 2020	3140.00	Call
		Sold	Close	-1	Aug 14, 2020	3145.00	Call	5.00 Debit

Target Metrics

Reward	Risk	R/R Ratio
$1.70	$2.00	0.85

REALIZED RESULTS

P/L	ROI
-3.30	-100.00%

Reason for Closing:

Tough Loss. Market has relentlessly blown higher.

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Nic Lovelace OPENED a Bear Call position in SPX with 36 DTE

Filled 07/09/2020 | Logged 07/09/2020 @ 3:39:51pm EDT

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Bear Call	Sold	Open	-1	Aug 14, 2020	3140.00	Call
		Bought	Open	+1	Aug 14, 2020	3145.00	Call	1.70 Credit

Target Metrics

Reward	Risk	R/R Ratio
$1.70	$2.00	0.85

ACTUAL PARAMETERS

Reward	Risk	Trade Risk
$1.70	$3.30	5.00%

Reason for Opening:

************ROLLING*************** Getting more time. Original credit was $3.00 - $0.90 debit to roll leaves $2.10 credit - $0.40 = net credit: $1.70 ************ROLLING*************** Into the red resistance zone, expecting a horrible earnings season to start this week, getting more time. Original credit was $3.00 - $0.90 debit to roll leaves $2.10 credit Market really showing it wants to roll over, adding a position to take advantage of it. See chart from PMR 7-8-2020

LOSS MANAGEMENT PLAN

Exit if closing above short strikes

PROFIT MANAGEMENT PLAN

expire worthless

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Closed

Nic Lovelace CLOSED an Iron Condor position in SPX for a Debit of 1.95

Filled 08/06/2020 | Logged 08/04/2020 @ 10:35:24am EDT

REALIZED P/L +0.25

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Iron Condor	Bought	Close	+1	Aug 7, 2020	3340.00	Call
		Sold	Close	-1	Aug 7, 2020	3345.00	Call
		Bought	Close	+1	Aug 7, 2020	3270.00	Put
		Sold	Close	-1	Aug 7, 2020	3265.00	Put	1.95 Debit

Target Metrics

Reward	Risk	R/R Ratio
$2.05	$2.80	0.73

REALIZED RESULTS

P/L	ROI
+0.25	8.93%

Reason for Closing:

Expecting a bit of volatility between this afternoon and tomorrow. Closing this position down for now.

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Nic Lovelace OPENED a Iron Condor position in SPX with 3 DTE

Filled 08/04/2020 | Logged 08/04/2020 @ 10:35:24am EDT

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Iron Condor	Sold	Open	-1	Aug 7, 2020	3340.00	Call
		Bought	Open	+1	Aug 7, 2020	3345.00	Call
		Sold	Open	-1	Aug 7, 2020	3270.00	Put
		Bought	Open	+1	Aug 7, 2020	3265.00	Put	2.20 Credit

Target Metrics

Reward	Risk	R/R Ratio
$2.05	$2.80	0.73

ACTUAL PARAMETERS

Reward	Risk	Trade Risk
$2.20	$2.80	5.00%

Reason for Opening:

See Trade Talk from 8-4 - Shared chart: https://tos.mx/TFvb5E5

LOSS MANAGEMENT PLAN

Exit if either short strikes are challenged

PROFIT MANAGEMENT PLAN

Expire worthless

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Closed

Nic Lovelace CLOSED an Iron Condor position in SPX for a Debit of 0.80

Filled 07/31/2020 | Logged 07/29/2020 @ 1:50:14pm EDT

REALIZED P/L +0.70

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Iron Condor	Bought	Close	+1	Aug 3, 2020	3305.00	Call
		Sold	Close	-1	Aug 3, 2020	3310.00	Call
		Bought	Close	+1	Aug 3, 2020	3180.00	Put
		Sold	Close	-1	Aug 3, 2020	3175.00	Put	0.80 Debit

Target Metrics

Reward	Risk	R/R Ratio
$1.50	$3.40	0.44

REALIZED RESULTS

P/L	ROI
+0.70	20.00%

Reason for Closing:

Taking profits, with the uncertainty over the weekend, getting out today. :-)

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Nic Lovelace OPENED a Iron Condor position in SPX with 5 DTE

Filled 07/29/2020 | Logged 07/29/2020 @ 1:50:14pm EDT

SYMBOL	Strategy	Side	Effect	Qty	Expiration	Strike	Type	Price
SPX	Iron Condor	Sold	Open	-1	Aug 3, 2020	3305.00	Call
		Bought	Open	+1	Aug 3, 2020	3310.00	Call
		Sold	Open	-1	Aug 3, 2020	3180.00	Put
		Bought	Open	+1	Aug 3, 2020	3175.00	Put	1.50 Credit

Target Metrics

Reward	Risk	R/R Ratio
$1.50	$3.40	0.44

ACTUAL PARAMETERS

Reward	Risk	Trade Risk
$1.50	$3.50	5.00%

Reason for Opening:

Taking advantage of IV crush. Expect chop to continue in this area. Anything better than 1.35 is still a viable trade.

LOSS MANAGEMENT PLAN

If look to be closing at either short strike

PROFIT MANAGEMENT PLAN

expire worthless

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Closed

Nic Lovelace CLOSED an Iron Condor position in SPX for a Debit of 1.80

Filled 07/08/2020 | Logged 07/07/2020 @ 11:38:11am EDT

REALIZED P/L +0.10

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%

Reason for Closing:

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.

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Nic Lovelace OPENED a Iron Condor position in SPX with 3 DTE

Filled 07/07/2020 | Logged 07/07/2020 @ 11:38:11am EDT

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%

Reason for Opening:

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

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