Tuesday, March 27, 2018

Weekly Trade Summary: March 11 - March 17

I'm way behind in providing my trade updates, due to family activities and my travel schedule.

This week the SPX went down from Friday, with the larger moves occurring on Tuesday and Wednesday. Here's a shot of this week's SPX movement.

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On Tuesday I removed two of my debit spread hedges as they had lost more than half of their value. Details of this week's trading is shown below:

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Trade #8: April 20 Monthly Expiration BWB - Adjusted 13-Mar
  • 21-February Entry (post)
  • 02-March Hedge (post)
  • 09-March Hedge Exit (post)
  • 13-March Adjustment

Trade #9: April 30 Weekly Expiration BWB
  • 21-February Entry (post)
  • 02-March Hedge (post)
  • 09-March Hedge Adjustment (post)

Trade #10: May 18 Monthly Expiration BWB - Adjusted 13-Mar
  • 08-March Entry (post)
  • 13-March Adjustment

I currently have 3 open trades, with expirations in Apr (2) and May (1). Total defined risk for these trades is at 26.2% of the account net liquidation value.

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7 trades have been closed this year, with 3 wins and 4 losses. The total win rate is at 43%. Realized return on the account/portfolio for the year is -7.3%. Trade results are summarized below:

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