Opening orders for a Calendar Put filled: Trade date: 24 October 2022 Security: NDX Price at opening: 11324.1 Direction: Put Expiry date (short side): 28 October 2022 Implied Vol (short side) 41.8% Expiry date (long side): 31 October 2022 Implied Vol (long side) 35.2% Strikes: 11350 Opening Spread: 20.6
One of the hazards of swing trading using my methodology and timeframes is occasional whipsaws giving reversals in close succession. Closed from #279 and #280: Trade date: 21 October 2022 Security: CL Price at opening: 83.7 Structure: AtM/OtM Put Credit Spread Expiry date: 28 October 2022 Strikes: 81.25 / 83.5 Opening Spread: 0.91 Close date: 25 October 2022 Trade duration: 4 Closing spread: 0.74 Profit / (Loss): 0.17 Profit / (Loss): 12.7% Trade date: 24 October 2022 Security: ES Price at opening: 3,782.0 Structure: AtM/OtM Call Credit Spread Expiry date: 28 October 2022 Strikes: 3785 / 3840 Opening Spread: 23.25 Close date: 25 October 2022 Trade duration: 1 Closing spread: 25.00 Profit / (Loss): -1.75 Profit / (Loss): -5.5% Security: RUT Price at opening: 1,734.0 Structure: AtM/ItM Put Debit Spread Expiry date: 31 October 2022 Strikes: 1735 / 1770 Opening Spread: 20.30 Close date: 25 October 2022 Trade duration: 1 Closing spread: 11.20 Profit / (Loss): -9.10 Profit / (Loss): -44.8% And...
...Turned them around by opening these positions: Trade date: 25 October 2022 Security: CL Price at opening: 84.20 Structure: AtM/OtM Call Credit Spread Expiry date: 28 October 2022 Strikes: 84.25 / 86 Opening Spread: 0.72 Trade date: 25 October 2022 Security: ES Price at opening: 3,794.0 Structure: AtM/OtM Put Credit Spread Expiry date: 31 October 2022 Strikes: 3740 / 3795 Opening Spread: 21.50 Trade date: 25 October 2022 Security: RUT Price at opening: 1,791.0 Structure: AtM/ItM Call Debit Spread Expiry date: 31 October 2022 Strikes: 1760 / 1790 Opening Spread: 17.50
Oil rose this week pushing the Call Spread into a loss, which I closed. Trade date: 25 October 2022 Security: CL Price at opening: 84.20 Structure: AtM/OtM Call Credit Spread Expiry date: 28 October 2022 Strikes: 84.25 / 86 Opening Spread: 0.72 Close date: 27 October 2022 Trade duration: 2 Closing spread: 1.61 Profit / (Loss): -0.89 Profit / (Loss): -86.4% Opened a Put spread further out: Trade date: 27 October 2022 Security: CL Price at opening: 88.8 Structure: OtM Put Credit Spread Expiry date: 04 November 2022 Strikes: 83.75 / 84.75 Opening Spread: 0.23
The Nasdaq Calendar from Monday (#281) just closed. There is plenty more profit to come in this trade today (Its 11,320 right now), but I'm very satisfied to have achieved my target profit on this. Trade date: 24 October 2022 Security: NDX Price at opening: 11324.1 Direction: Put Expiry date (short side): 28 October 2022 Implied Vol (short side) 41.8% Expiry date (long side): 31 October 2022 Implied Vol (long side) 35.2% Strikes: 11350 Opening Spread: 20.61 Close date: 28 October 2022 Trade duration: 4 Closing spread: 39.00 Profit / (Loss): 18.39 Profit / (Loss): 89.2%
Remaining directional swing trades (#283) closed in profit. Trade date: 25 October 2022 Security: ES Price at opening: 3,794.0 Structure: AtM/OtM Put Credit Spread Expiry date: 31 October 2022 Strikes: 3740 / 3795 Opening Spread: 21.50 Close date: 28 October 2022 Trade duration: 3 Closing spread: 5.50 Profit / (Loss): 16.00 Profit / (Loss): 47.8% Trade date: 25 October 2022 Security: RUT Price at opening: 1,791.0 Structure: AtM/ItM Call Debit Spread Expiry date: 31 October 2022 Strikes: 1760 / 1790 Opening Spread: 17.50 Close date: 28 October 2022 Trade duration: 3 Closing spread: 27.50 Profit / (Loss): 10.00 Profit / (Loss): 57.1% Both of these were in loss at yesterday close, so a lumpy week, but eventually a good week.
Opened a short directional position on Nasdaq: Trade date: 28 October 2022 Security: NQ Price at opening: 11,475.0 Structure: OtM Call Credit Spread Expiry date: 02 November 2022 Strikes: 11720 / 11790 Opening Spread: 15.63
Following the short signal on Nasdaq, got a confirmation for S&P500, so opened a credit spread to take advantage of any softening this week. Trade date: 31 October 2022 Security: ES Price at opening: 3,884.0 Structure: AtM/OtM Call Credit Spread Expiry date: 04 November 2022 Strikes: 3885 / 3940 Opening Spread: 23.00
Happy to take a smaller profit than usual on this (#287) ahead of Fed announcement tomorrow. Trade date: 28 October 2022 Security: NQ Price at opening: 11,475.0 Structure: OtM Call Credit Spread Expiry date: 02 November 2022 Strikes: 11720 / 11790 Opening Spread: 15.63 Close date: 01 November 2022 Trade duration: 4 Closing spread: 6.75 Profit / (Loss): 8.88 Profit / (Loss): 16.3%
Oil spreads (#284) closed in profit. Trade date: 27 October 2022 Security: CL Price at opening: 88.8 Structure: OtM Put Credit Spread Expiry date: 04 November 2022 Strikes: 83.75 / 84.75 Opening Spread: 0.23 Close date: 02 November 2022 Trade duration: 6 Closing spread: 0.05 Profit / (Loss): 0.18 Profit / (Loss): 23.4% Work commitments are keeping me from scanning, identifying, analysing and entering opening orders for other trading opportunities this week unfortunately.