Weekly Trade Summary: January 28 - February 3

This week I adjusted three of my BWB trades (expirations: 16-Mar, 29-Mar, 29-Mar). As of the close on Friday, the three adjusted trades all look similar to this 29-March expiration trade:

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Details of this week's trading is shown below:

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Trade #5:  March 16 Monthly Expiration BWB - Adjusted 02-Feb

• 02-January Entry (post)
• 02-January Adjustment (post)
• 05-January Adjustment (post)
• 11-January Adjustment (post)
• 22-January Adjustment (post)
• 02-February Adjustments

Trade #6:  March 29 Weekly Expiration BWB - Adjusted 30-Jan, 02-Feb

• 09-January Entry (post)
• 11-January Adjustment (post)
• 22-January Adjustment (post)
• 30-January Adjustment
• 02-February Adjustments

Trade #7:  March 29 Weekly Expiration BWB - Adjusted 30-Jan, 02-Feb

• 09-January Entry (post)
• 11-January Adjustment (post)
• 22-January Adjustment (post)
• 30-January Adjustment
• 02-February Adjustments

I currently have 4 open trades, with expirations in Feb (1) and Mar (3). Total defined risk for these trades is at 78% of the account net liquidation value.

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Of the 4 open trades, only one currently has positive P&L:

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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 was going to add the 20-April expiration trade this week, but the pricing was a little too favorable, so I elected to wait until next week ... glad I did! Next week, I will again look to add a 20-April expiration trade. I will make adjustments to my existing trades as follows:

• Highly Likely: N/A
• Likely: N/A
• Possible: #4, #5, #6, #7
• Unlikely: N/A

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