Weekly Trade Summary: December 17 - December 23

This week I made two adjustments on my 28-Feb expiration BWB (trade #53). I had planned to also adjust trade #52, but was again to busy with work. Details of this week's trading below:

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Trade #53:  February 28 Weekly Expiration BWB - Adjusted 19-Dec & 22-Dec

• 07-December Entry (post)
• 08-December Adjustment (post)
• 19-December Adjustment
• 22-December Adjustment

I currently have 4 open trades, with expirations in Jan (2) and Feb (2). Total defined risk for these trades is at 68% of the account net liquidation value.

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Of the 4 open trades, all 4 currently have positive P&L:

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49 trades have been closed this year, with 31 wins and 18 losses. Return on the account/portfolio for the year is at 5.4%.  Total win rate is at 63% including hedges. The win rate on the core trades is at 72%, and getting closer to the historical win rate. Still not happy with the core trade win rate, but at least it is improving and the losses have been small.

I will be on vacation in Mexico all next week, and will try to keep from making any adjustments. Any adjustments to my existing trades will follow the priorities outlined below:

• Highly Likely: N/A
• Likely: N/A
• Possible: #52, #53
• Unlikely: #48, #49

If I was in town next week, I'd start looking at the 16-March monthly expiration trade. So unfortunately / fortunately an entry for that expiration will probably have to wait for the first week of January.



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