Earnings Trading Journal

Discussion in 'Journals' started by TheBigShort, Nov 11, 2019.

  1. .sigma

    .sigma

    And when you say "dive deep in the company" i'm assuming you mean reading the fundamentals?
     
    #11     Nov 12, 2019
  2. TheBigShort

    TheBigShort

    Closing both trades for a nice profit today.
    today.PNG

    TSN + .70 (+15%)
    DHI + .84 (+27%)

    I will update you with new trades later on.
     
    Last edited: Nov 12, 2019
    #12     Nov 12, 2019
  3. .sigma

    .sigma

    Nice! I hopped in $DHI with you. Made out with a nice profit!
     
    #13     Nov 12, 2019
    TheBigShort likes this.
  4. qlai

    qlai

    So you never have a situation where your system tells you the expected move is underpriced? No long trades ever?
     
    #14     Nov 12, 2019
  5. TheBigShort

    TheBigShort

    Taking another 2 trades today. Will post fills when I get in (10 min)

    Short SWKS 82/101 101/120 synthetic fly for $6.51
    Short ENR 40/45 strangle for $1.88

    SWKS:
    both.PNG
    swks1.PNG
    swks2.PNG

    ENR:
    both.PNG
    enr1.PNG
    enr2.PNG
     
    #15     Nov 12, 2019
    .sigma likes this.
  6. TheBigShort

    TheBigShort

    enr.PNG
     
    #16     Nov 12, 2019
  7. TheBigShort

    TheBigShort

    I do have long trades. They are just not very common. How often are you long options?
     
    #17     Nov 12, 2019
  8. destriero

    destriero

    All your short vols are belong to us!
     
    #18     Nov 12, 2019
    TheBigShort and .sigma like this.
  9. TheBigShort

    TheBigShort

    Closed out SWKS for a profit of 29%
    Lost 23% on ENR (log returns). Net PnL is up as I had more exposure to SWKS (I did not buy the wings on ENR).
    PnL up only slightly today.

    wide.PNG

    SWKS +1.63
    ENR -0.50
     
    #19     Nov 13, 2019
    .sigma likes this.
  10. TheBigShort

    TheBigShort

    Short NTAP synthetic butterfly
    48/60 60/72 @ 5.20

    Most of the large moves happen in November for NTAP which is why the vol gauge is a bit lower. I am in small.
    Screen Shot 2019-11-13 at 2.47.10 PM.png
    Screen Shot 2019-11-13 at 2.40.53 PM.png
    Screen Shot 2019-11-13 at 2.42.33 PM.png
    Screen Shot 2019-11-13 at 2.42.44 PM.png
     
    #20     Nov 13, 2019