Monday, January 29, 2018

Weekly Trade Summary: January 21 - January 27

This week I adjusted three BWB (expirations: 16-Mar, 29-Mar, 29-Mar), and closed the 31-Jan expiration for a small profit. Details of this week's trading below:

(click to enlarge)

Trade #2:  January 31
 Weekly Expiration BWB - Closed 22-Jan (+3.63%)
  • 14-November Entry (post)
  • 27-November Adjustment (post)
  • 28-November Adjustment (post)
  • 07-December Adjustment (post)

Trade #5:  March 16 Monthly Expiration BWB - Adjusted 22-Jan
  • 02-January Entry (post)
  • 02-January Adjustment (post)
  • 05-January Adjustment (post)
  • 11-January Adjustment (post)
  • 22-January Adjustment

Trade #6:  March 29 Weekly Expiration BWB - Adjusted 22-Jan
  • 09-January Entry (post)
  • 11-January Adjustment (post)
  • 22-January Adjustment

Trade #7:  March 29 Weekly Expiration BWB - Adjusted 22-Jan
  • 09-January Entry (post)
  • 11-January Adjustment (post)
  • 22-January Adjustment

    I currently have 4 open trades, with expirations in Feb (1) and Mar (3). Total defined risk for these trades is at 79% of the account net liquidation value.

    (click to enlarge)

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

    (click to enlarge)

    3 trades have been closed this year, with 3 wins and 0 losses. Return on the account/portfolio for the year is at 1.07%.  Total win rate is at 100% including hedges. The win rate on the core trades is also at 100%.

    I'm still pretty busy right now...a new client in New York and travelling for my kids' sport competitions. I will start looking to add a 20-April expiration trade this week. I will make adjustments to my existing trades as follows:
    • Highly Likely: N/A
    • Likely: #6, #7
    • Possible: N/A
    • Unlikely: #4, #5


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