Options scalping

Discussion in 'Journals' started by sideeyeseal, Oct 9, 2020.

  1. FROG 70 calls
    Entries: 2.45
    Exits: 2.95
    Time to scale: 27 mins
    TiT: 27 mins
    20%

    AMD 90 calls
    Entries: 0.18
    Exits: 0.29, 0.22, 0.20
    Time to scale: 3 mins
    TiT: 12 mins
    33%

    Stray thoughts:
    • One of those rare days when everything works (even the ones I considered taking but hesitated on). Literally none of my ideas failed (or would have failed). I guess the one thing I am happy about is being defensive about the AMD (not stubbornly holding through that big selling pressure from the Qs).
     
    #51     Nov 25, 2020
  2. PINS 70 calls
    Entries: 0.10
    Exits: 0.23. 0.32. 0.38
    Time to scale: 8 mins
    TiT: 11 mins
    210%

    Stray thoughts:
    • This was what's often called "lotto" sized, so nothing to write home about, except there's always some novelty of hitting 100%+ for me.
     
    #52     Nov 27, 2020
  3. I might just start posting losses only here. A lot of small winners today (PFE, AMD, a few others), many of which I cut way too early (in hindsight). So here we go with this new idea. Losers only.

    SDC 12.5 calls
    Entries: 0.42
    Exits: 0.35, 0.34
    TiT: 20 mins
    -18%
     
    #53     Nov 30, 2020
  4. CLX 205 calls
    Entries: 0.97
    Exits: 0.75
    TiT: 17 mins
    -23%

    BABA 270 calls
    Entries: 2.23, 1.68
    Exits: 1.80
    TiT: 1 hr, 9 mins
    -10%
     
    #54     Dec 1, 2020
  5. BB 9 calls
    Entries: 0.51
    Exits: 0.20
    TiT: 56 mins
    -61%
     
    #55     Dec 2, 2020
  6. No noteworthy day trade losses today.
     
    #56     Dec 3, 2020
  7. I like sizing down on Fridays and going for these "lotto" plays.

    That said, no noteworthy day trade losses to report. I will say that I cut some FB calls really early (at a ~20% profit), which was good practice/muscle memory.
     
    #57     Dec 4, 2020
  8. SQ 220 calls
    Entries: 2.50
    Exits: 1.60
    TiT: 24 mins
    -56%
     
    #58     Dec 7, 2020
  9. No net losses on day trades today, though I did mis-manage 2 different longs (PINS did not cut remainder at breakeven; BIDU exited at an arbitrary point).
     
    #59     Dec 9, 2020