Wednesday, Aug.16, 2023 | Options Trading | Daily Journal

 

|9:30am-9:45am| Started the day buying SPY Calls for oversold bounce and locked +80% gains on trading room

|9:45am- 10:00am| Scalped SPY PUTs for +45% gains on fade from highs

|After 11:00am| Scalped SPY P444 for +70% gains but trade run more than +150% on trading room so congrats traders.

|End of Day resume| Market very oversold but oversold can remain oversold for longer with these intraday rallies to clear oversold condition and thats exactly what I traded today, so I’m very happy with my risk management, trading plan, focus and resilience. Need to keep my focus and repeat the process over and over again!

 

|Options Trades Log|*

9:31AM – SPY Aug 16 $443 Calls from 0.9 to 0.95 for 42$ PnL*
9:33AM – SPY Aug 16 $443 Calls from 0.85 to 1.55 for 826$ PnL*
9:50AM – SPY Aug 16 $444 Puts from 1.05 to 1.5 for 438$ PnL*
10:11AM – AMD Aug 18 $110 Calls from 1 to 1.04 for 28$ PnL*
10:25AM – SPY Aug 16 $444 Puts from 1.1 to 1.3 for 170$ PnL*
10:37AM – UBER Aug 18 $44.5 Calls from 0.33 to 0.35 for 24$ PnL*
10:48AM – QQQ Aug 16 $366 Puts from 0.85 to 0.89 for 34$ PnL*
10:52AM – QQQ Aug 16 $366 Puts from 0.79 to 0.79 for -16$ PnL*
10:57AM – IWM Aug 16 $188 Calls from 0.4 to 0.35 for -155$ PnL*
11:07AM – SPY Aug 16 $444 Puts from 0.95 to 1.6 for 702$ PnL*

|Today PnL|* $2,093 Gains

 

Don't miss next FREE content!

 

DISCLAIMER

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 BlogPast historical data is no guarantee on future returns