Trading Journal #70
08:48 am: “Futures mixed with Nasdaq down and SP500/Dow Jones flat to start the day. It’s a short term day as market closed at 1pm, so manage risk wisely
08:49 am: “Morning focus on TSLA for possible gap filling. SPY IWM QQQ BA also on watch.
Morning trades
- TSLA was gapping up and Tech was seeing some selling pressure, so I faded the open for gap filling and locked 117% gains on PUTs
- BA was on my watch all week and took calls for break higher and locked +115% gains
- NFLX was looking for a red to green move so I took some calls. The first ones got stopped but at 10am bought the dip and calls gave +100% gains so got back my money from early stops
- DWAC was seeing some bull flow so I built a position and locked +113% gains
- IWM I faded with some next week PUTs but decided to close flat and done
| Time | Symbol | Contract | Avg Entry | Avg Exit | QTY | Pct Gain | PnL $ |
| 9:30AM | TSLA | Nov 25 $182.5 Puts | $1.15 | $2.50 | 9 | 117% | $1,204.20 |
| 9:33AM | BA | Nov 25 $175 Calls | $0.65 | $1.40 | 15 | 115% | $1,107.00 |
| 9:39AM | NFLX | Nov 25 $290 Calls | $0.70 | $0.55 | 14 | -21% | -$226.80 |
| 9:47AM | NFLX | Nov 25 $290 Calls | $0.45 | $0.42 | 22 | -7% | -$92.40 |
| 9:49AM | META | Nov 25 $112 Puts | $0.68 | $0.90 | 15 | 32% | $312.00 |
| 10:01AM | NFLX | Nov 25 $290 Calls | $0.40 | $0.80 | 25 | 100% | $970.00 |
| 10:20 AM | DWAC | Nov 25 $24 Calls | $0.40 | $0.85 | 25 | 113% | $1,095.00 |
| 10:37AM | IWM | Nov 28 $185 Put | $0.62 | $0.63 | 16 | 2% | -$3.20 |
| DISCLAIMER | |||||||
| – 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 – Past historical data is no guarantee on future returns |
Nov 25, 2022 | $4,366 | |||||
| Week-To-Date | $13,198 | ||||||
Loss review: I took some losses on NFLX on volatile first 30min, but was able to get my money back on 3rd trade after 10am, so I’m happy.
Key Takeaways: Focus on what you can control and before the market opens build your game plan so when the bell rings you just act.