Trading Journal #227
Wednesday, Aug.23, 2023 | Options Trading | Daily Journal
|9:30am-10:00am| Started the day buying IWM Calls and AMD Calls locked nice gains on trading room but closed way too soon as IWM trade more than tripled.
|10:00am- 1:00pm| I got chopped in some options contracts so decided to go with stock longs on NVDA TSLA AMZN JPM and locked nice gains. As insurance I was buying some SPY Put hedges just in case momentum faded, but it wasnt necessary.
|After 1:00pm| Tried to fade QQQ but got stopped so flipped into SPY Calls scalp for +45% gains and done!
End of Day resume| Today was very weird day as I got IWM AMD Calls perfectly at market open but closed way too soon. Today I did better with stock longs on NVDA TSLA AMZN and also trimmed my gains on TLT longs from 92+, so stocks were great, but options trades not the best day. Still made some nice cash flow with stock + options, so I’m 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|*
9:30AM – IWM Aug 23 $184 Calls from 0.65 to 0.63 for -48$ PnL*
9:32AM – QQQ Aug 23 $364 Puts from 1.2 to 1.5 for 231$ PnL*
9:34AM – AMD Aug 25 $110 Calls from 1.05 to 1.05 for -12$ PnL*
9:36AM – IWM Aug 23 $184 Calls from 0.55 to 0.8 for 429$ PnL*
9:53AM – SPY Aug 23 $439 Puts from 0.89 to 1 for 108$ PnL*
10:01AM – SPY Aug 23 $440 Puts from 1.05 to 1.1 for 38$ PnL*
10:06AM – AMZN Aug 25 $136 Calls from 0.74 to 0.85 for 138$ PnL*
10:16AM – SPY Aug 23 $440 Puts from 0.85 to 0.95 for 106$ PnL*
10:23AM – SPY Aug 23 $440 Puts from 0.85 to 0.95 for 106$ PnL*
10:54AM – SPY Aug 23 $441 Puts from 0.8 to 0.85 for 50$ PnL*
11:16AM – SPY Aug 23 $441 Puts from 0.7 to 0.69 for -31$ PnL*
11:34AM – SPY Aug 23 $442 Puts from 0.95 to 1.1 for 152$ PnL*
12:33PM – SPY Aug 23 $442 Calls from 0.95 to 1.2 for 262$ PnL*
1:02PM – QQQ Aug 23 $368 Puts from 1 to 0.9 for -112$ PnL*
1:22PM – SPY Aug 23 $442 Calls from 1.05 to 1.5 for 438$ PnL*
|Today PnL|* $1,855 Gains
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