Friday, October 6, 2017

Weekly Trade Summary: October 1 - October 7

I did not enter any new trades this week, but I did adjust 3 trades.  Details of this week's trading below:

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November 30 Weekly Expiration Trade (#43) - Adjusted 04-Oct, 05-Oct
  • 15-September Entry (post)
  • 20-September Adjustment (post)
  • 29-September Adjustment (post)

November 24 Weekly Expiration Trade (#44) - Adjusted 02-Oct, 06-Oct
  • 21-September Entry (post)
  • 29-September Adjustment (post)

December 15 Monthly Expiration Trade (#45) - Adjusted 02-Oct, 05-Oct
  • 27-September Entry (post)
  • 29-September Adjustment (post)

I currently have 7 open trades, with expirations in Oct (1), Nov (5), and Dec (1):

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Total defined risk for these trades 59.8% of the account net liquidation value.

38 trades have been closed this year...22 wins and 16 losses. Return on the account for the year is at 3.9%.  Total win rate is at 58%. The win rate on the core trades is at 65%. Not happy with the win rate, but at least it is improving and the losses have been small. All 7 of my open trades currently have positive P&L.

Next week I will be looking for new trades in the 22-Dec expiration (if available) and/or the 29 Dec expiration. I will make adjustments in my existing trades as follows:
  • Highly likely: N/A
  • Likely: N/A
  • Possible: #44, #45
  • Unlikely: #39, #40, #41, #42, #43

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