Day: 9 | Missed Days: 0 | Trades: 15 | Wins: 8 | Losers: 3 | Washes: 4 | Day: 3052 | Cumulative: 5179
Straddle Initiative SCOREBOARD:
Day: 8 | Missed Days: 0 | Trades: 2 | Wins: 1 | Losers: 1 | Washes: 0 | Day: 0 | Cumulative: 320
DIRECTIONAL Initiative SCOREBOARD:
Day: 8 | Missed Days: 0 | Trades: 5 | Wins: 1 | Losers: 3 | Washes: 1 | Day: 0 | Cumulative: 480
Neutral Initiative SCOREBOARD:
Day: 9 | Missed Days: 0 | Trades: 2 | Wins: 1 | Losers: 1 | Washes: 0 | Day: 0 | Cumulative: 382
Results:
AMAT: 1080
CRM: 1012
DE: wash (40, but not counting it because there are commissions 1 way today)
GPS: 960
total: 3052
Hints from today: When these trades were placed, the vix was in the 15s. Then when the trades finished today, VIX had dramatically dropped overnight. Perhaps this overall market volatility contributed to 1) high premiums for entering the trades and 2) little movement today so they were a success. This could be a "good fluke" although I am fairly confident in the ability to protect the side where a large move historically is by using the lizards. More trading will tell. Here's to another 20 days! The strategies seem to work well! Will just have to use a bit smaller position sizes for the real account, maybe $700 max profit instead of 1K for the time being since Max Max fluke loss is just too great and we must be able to survive one, as well as potential partial losses.
Notes:
-All trades are expiring today! No second round of commissions :)
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It's a Friday, cannot trade properly on a Friday? Actually, never mind, holding things over the weekend will help with the time decay and all perhaps.
Well, the way I'm using Finviz, there are no earnings being reported by names with weekly options after the bell today, and I don't have a way to determine which (if any) are reporting before the bell on Monday since I'm using the free version.
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