Weekly Trade Summary: December 10 - December 16

This week I closed two trades for small profits and adjusted my 19-Jan trade. I had planned to adjust one of my other trades, but work meetings kept me too busy this week. Details of this week's trading below:

(click to enlarge)

Trade #46:  December 29 Weekly Expiration BWB - Closed 11-December (+2.38%)

• 17-October Entry (post)
• 18-October Adjustment (post)
• 27-October Adjustment (post)
• 03-November Adjustment (post)
• 27-November Adjustment (post)

Trade #47:  December 29 Weekly Expiration BWB - Closed 11-December (+3.40%)

• 24-October Entry (post)
• 26-October Adjustment (post)
• 27-October Adjustment (post)
• 03-November Adjustment (post)
• 27-November Adjustment (post)

Trade #48:  January 19 Monthly Expiration BWB - Adjusted 11-December

• 03-November Entry (post)
• 03-November Adjustment (post)
• 27-November Adjustment (post)
• 07-December Adjustment (post)
• 11-December Adjustment

I currently have 4 open trades, with expirations in Jan (2) and Feb (2):

(click to enlarge)

Total defined risk for these trades is at 66% of the account net liquidation value.

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.

Of the 4 open trades, 3 currently have a positive P&L. The trade with negative P&L was entered on 28-November:

(click to enlarge)

Next week I will keep an eye out for new trades in the weekly February 23 expiration. I will make adjustments in my existing trades as follows:

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

Follow my blog by email, RSS feed or Twitter (@DTRTrading).  All options are available on the top of the right hand navigation column under the headings "Subscribe To RSS Feed", "Follow By Email", and "Twitter".