Tuesday, March 27, 2018

Weekly Trade Summary: March 18 - March 24

I'm still behind in providing my trade updates, due to family activities and my travel schedule. Slowly catching up, but on vacation for several days starting tomorrow.

This week the SPX went down all week from the prior week's close. The larger moves occurred on Thursday and Friday. Here's a shot of this week's SPX movement.

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On Thursday and Friday I added debit spread hedges to all three trades. Details of this week's trading is shown below:

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Trade #8: April 20 Monthly Expiration BWB - Adjusted 22-Mar, 23-Mar
  • 21-February Entry (post)
  • 02-March Hedge (post)
  • 09-March Hedge Exit (post)
  • 13-March Adjustment (post)
  • 22-March Hedge
  • 23-March Hedge

Trade #9: April 30 Weekly Expiration BWB - Adjusted 22-Mar, 23-Mar
  • 21-February Entry (post)
  • 02-March Hedge (post)
  • 09-March Hedge Adjustment (post)
  • 22-March Hedge
  • 23-March Hedge

Trade #10: May 18 Monthly Expiration BWB - Adjusted 22-Mar, 23-Mar
  • 08-March Entry (post)
  • 13-March Adjustment (post)
  • 22-March Hedge
  • 23-March Hedge

I currently have 3 open trades, with expirations in Apr (2) and May (1). Total defined risk for these trades is at 20.4% 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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