Thursday, Aug.24, 2023 | Options Trading | Daily Journal

 

|9:30am-10:00am| Started the day buying IWM Calls a bit too soon and first trade got stopped but was able to buy the bounce for +60% gains. Also bought SPY bounce at 9:50am for +55% gains on trading room 

|10:00am- 1:00pm| I took some lotto AAPL Calls but no traction so closed for small loss and scalped SPY P444 for +140% gains. Closed a bit too soon as trade kept running for more than +300% on trading room 

End of Day resume| The morning IWM trade required some patience but I sticked to my plan and that gave me a nice cash flow. Also playing SPY Calls before 10am and Puts after 10am was a beauty 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|*

9:30AM – IWM Aug 25 $185 Calls from 1.3 to 1.2 for -90$ PnL*
9:39AM – IWM Aug 25 $185 Calls from 1.2 to 1.1 for -90$ PnL*
9:46AM – IWM Aug 25 $185 Calls from 1.08 to 1.7 for 548$ PnL*
9:49AM – AAPL Aug 25 $182.5 Calls from 0.3 to 0.3 for -40$ PnL*
9:51AM – SPY Aug 24 $444 Calls from 1 to 1.55 for 538$ PnL*
9:53AM – AAPL Aug 25 $182.5 Calls from 0.28 to 0.28 for -44$ PnL*
10:01AM – AAPL Aug 25 $182.5 Calls from 0.26 to 0.25 for -84$ PnL*
10:07AM – SPY Aug 24 $444 Puts 0.8+ from 0.89 to 2.1 for 1318$ PnL*

|Today PnL|* $2,056 Gains

 

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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