Trading Journal #165
Wednesday, May.03, 2023 – Trading Journal
9:30-9:45am: Started the day buying AMD Calls, GOOGL Calls and META Puts but closed GOOGL META flat and ride AMD for +70% gains and sold fast as momentum stalled.
9:45-10:00am: scalped JPM Calls and META Calls for small cash flow as again momentum stalled.
10:00-11:00am: scalped IWM META AMD QQQ and TSLA for small cash flow but slow action so a bit boring….
After 11:00am: got back into cash waiting for FED at 2pm.
At 1:00pm: saw an opportunity to short META on some news and bought META PUT 235 for +230% gains.
After 2pm: scalped SPY Calls and QQQ Puts for cash flow. It was hard but got bery nice cash flow.
End of Day emotions: It was a hard day with slow action most part of the day. Morning AMD scalp for +70% and META Put scalp +230% really gave me a boost on the day and altough not easy, the SPY QQQ trades after FED gave me some extra cash. That last QQQ PUT scalp was a beauty! Overall it was an hard day but with great cash flow, so I’m very happy with risk management of not holding the “bags” for too long. Need to keep my focus and repeat the process over and over again!
Trading Options – Summary
9:30AM | AMD May 05 $85 Calls from 1.05 to 1.8 | PnL* = 738$
9:34AM | GOOGL May 05 $106 Calls from 1 to 1 | PnL* = -12$
9:37AM | META May 05 $235 Puts from 1.25 to 1.32 | PnL* = 47$
9:48AM | TSLA May 05 $157.5 Puts from 1.05 to 1 | PnL* = -62$
9:52AM | JPM May 05 $140 Calls from 0.55 to 0.75 | PnL* = 339$
9:54AM | META May 05 $245 Calls from 1 to 1.1 | PnL* = 88$
9:59AM | TSLA May 05 $157.5 Puts from 0.95 to 1.05 | PnL* = 97$
10:05AM | IWM May 03 $173 Puts from 0.9 to 1.05 | PnL* = 152$
10:15AM | META May 05 $245 Calls from 0.92 to 0.95 | PnL* = 20$
10:21AM | AMD May 05 $85 Calls from 0.78 to 0.95 | PnL* = 206$
10:29AM | QQQ May 03 $318 Puts from 0.95 to 1.2 | PnL* = 262$
10:37AM | TSLA May 05 $157.5 Puts from 0.8 to 0.9 | PnL* = 115$
10:42AM | IWM May 03 $173 Puts from 0.8 to 1 | PnL* = 245$
1:00PM | META May 05 $235 Puts from 1 to 3.3 | PnL* = 2288$
2:00PM | SPY May 03 $415 Calls from 0.65 to 0.9 | PnL* = 357$
2:03PM | QQQ May 04 $315 Puts from 0.6 to 0.48 | PnL* = -225$
2:19PM | SPY May 03 $415 Calls from 0.63 to 0.85 | PnL* = 333$
2:31PM | QQQ May 04 $315 Puts from 0.48 to 0.75 | PnL* = 542$
2:40PM | SPY May 03 $415 Calls from 0.6 to 0.6 | PnL* = -21$
2:47PM | QQQ May 04 $315 Puts from 0.4 to 0.7 | PnL* = 720$
Today PnL = +6,229$
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This trading journal is a log of all the options trades made. It is a tool that I use to track my progress and improve my trading strategies over time. I use this information to analyze my trading performance, identify patterns, and improve my decision-making processes. By keeping a trading journal, I can learn from my successes and mistakes, and make better trading decisions in the future. You can use other tools for journal as TraderSync , Tradervue or Excel
*Content is provided for informational purposes only considering average $1,000 per trade. Comissions already included: $0.60 per contract, per trade. All entries and exits are timestamped realtime via Discord Bot. Traders can have different Entries, Exits, Dollar Amount, Risk management and Comissions.
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