Trading Journal #173
Monday, May.13, 2023 – Trading Options – Daily Journal
9:30am-10:00am: Scalped SPY PUTs right at 9:30am for +100% gains. Also scalped some IWM MSFT longs for small cash flow. After 9:45am, faded GOOGL with PUT scalp for nice cash flow. After 9:50am, scalped TSLA shorts with PUT scalp for +50% gains.
9:30AM – SPY May 15 $412 Puts from 0.82 to 1.65 for 982$ PnL*
9:40AM – IWM May 15 $173 Calls from 0.9 to 0.95 for 42$ PnL*
9:44AM – MSFT May 19 $315 Calls from 0.58 to 0.72 for 218$ PnL*
9:47AM – GOOGL May 19 $117 Put from 1.02 to 1.35 for 318$ PnL*
9:54AM – TSLA May 19 $157.5 Puts from 0.95 to 1.44 for 526$ PnL*
10:00am-11:00am: After riding the way down and locking gains on my shorts, started seeing some short covering at lows and flipped long SPY Calls for +60% gains, plus got long AMD for nice gains.
10:25AM – SPY May 15 $411 Calls from 0.78 to 1.25 for 596$ PnL*
10:33AM – AMD May 19 $96 Calls from 0.8 to 0.95 for 180$ PnL*
After 11:00am: Locked my gains on options trades and playing with stocks.
End of Day PnL = +2,862$ gains
End of Day emotions: First 30min shorts gave great cash flow to start the day/week, and then playing the oversold bounce add even more cash flow. Traders, Trade and I’m very happy with today playing downside, locking gains near lows and flipping long from lows for more gains. I’m also very happy with my risk management. Need to keep my focus and repeat the process over and over again!
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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.
You can find all my journals on Blog. Past historical data is no guarantee on future returns