Congrats on a good trading week! Enjoy Costa Rica and your "gal pal". Sunsets on the beach with a cold drink sounds better than mosquitoes and a dump pit like last weekend.
@IlliniTrader agreed I'm still finding ticks on my sweet Butters. Should have got that tick collar. Live and learn.
What breed is Butters? We are dog-sitting for my son's black lab this week and are having a ball with him. Too old for a new dog myself but I am getting my "dog-fix" this week. It is kinda like the grandkids. Love to have em over but nice to send them home too.
Butters is a german shepherd / golden retriever mix. I adopted her from the shelter about two years ago. She's around five years old they think. She was there for a year and a couple people had brought her back. Not sure why. She's pretty friendly and all. A little neurotic when left at home alone she chews things so I leave her in the basement or the porch depending on weather.
the acct bals you post weekly 2021 0611,255443 2021 0604,254072 2021 0528,256279 2021 0521,257977 2021 0514,260143 2021 0507,255735 2021 0430,255350 2021 0423,251387
Week 22 - Update Intraday Trades FB sold 7 Iron Flies 340-345-350 @ $2.93 bot @ $2.81 +$84 RIOT 5:10:5 30-35-39 calls bot @ $2.90 sold @ $3.20 +$150 Hold to Friday Expiration DASH 3:6:3 170-180-190 calls bot @ $4.96 FUBO 5:10:5 30-35-40 calls bot @ $2.46 PTON 10:20:10 115-120-125 puts bot @ $1.63 PYPL 10:20:10 285-29-295 puts bot @ $1.60 RBLX 6:12:6 83-90-97 calls bot @ $2.55 SPY 20:40:20 419-422-425 puts bot @ $0.54 SQ 8 IF 240-245-250 sold @ $3.25 TSLA 4:8:4 685-700-715 calls bot @ $3.50 UPST 10:20:10 125-130-135 calls bot @ $1.25 /ZW 1:2:1 650-670-690 calls bot $0.05 Thoughts: No trading last week enjoyed the trip to Costa Rica with the girlfriend. Her daughter and her friend (16) voiced the usual teenage complaints. The water was too wet, the sun too bright, and hot springs too hot, and a lack of chicken fingers on local menus. Surfing in Tamarindo was good and the hot springs in Arenal very relaxing. Picked up a couple of butterfly mugs for good luck. The wood one leaks like crazy. Guess it's only decorative. See if they bring some luck tomorrow.
Week 22 - Results Intraday Trades FB sold 7 Iron Flies 340-345-350 @ $2.93 bot @ $2.81 +$84 RIOT 5:10:5 30-35-39 calls bot @ $2.90 sold @ $3.20 +$150 Hold to Friday Expiration DASH 3:6:3 170-180-190 calls bot @ $4.96 sold @ $5.00 +$12 FUBO 5:10:5 30-35-40 calls bot @ $2.46 sold @ $2.65 +$95 PTON 10:20:10 115-120-125 puts bot @ $1.63 sold @ $2.50 +$870 PYPL 10:20:10 285-29-295 puts bot @ $1.60 sold @ $1.80 +$200 RBLX 6:12:6 83-90-97 calls bot @ $2.55 sold @ $4.21 +$996 SPY 20:40:20 419-422-425 puts bot @ $0.54 sold @ $0.15 -$390 SQ 8 IF 240-245-250 sold @ $3.25 bot @ $3.10 +$120 TSLA 4:8:4 685-700-715 calls bot @ $3.50 sold @ $1.43 -$828 UPST 10:20:10 125-130-135 calls bot @ $1.25 sold @ $0.32 -$930 /ZW 1:2:1 650-670-690 calls bot $0.05 sold $ 0.0675 +$87.50 Intraday Friday Trades ABNB 5:10:5 150-155-160 call bot @ $2.00 sold @ $2.25 +$125 GME 10:20:10 195-200-205 put bot @ $1.05 exp $0.00 -$1050 PENN 10:20:10 73-75-77 put bot @ $0.84 sold @ $1.10 +$260 RIOT 10:20:10 31-33.5-36 call bot @ 1.67 sold @ $1.75 +$80 SPCE 8:16:8 40-45-50 put bot @ $1.84 sold @ $0.40 -1152 TTD 10:20:10 71-75-79 put bot @ $1.04 mark @ $1.53 +490 unrealized P/L -$780.50 Commissions $528 Net P/L -$1308.50 average winner: $237.11 average loser: -$870 winning trades 13/18 winning trades ytd 89/131 performance YTD +$3,300 Up +1.3% Thoughts Overall not very happy with the performance and a down week. There was no need to enter more intraday trades but I was happy with the balance being strongly up early and wanted to add some more winners. Pigs get slaughtered and going for the extra trades turned a winning day into a losing day. The GME trade while costly provided a good piece of learning I probably needed. One of those experiences that makes you question just how much of an amateur at trading one really is. I entered this fly later in the day on expiration day on the theory that the highest OI was at the $200 strike. And it performed. I entered it at $1.05 and around 2:45 pm it was trading at over $3.00 as the price went to and hung around 200 for most of the afternoon. But what I learned as I kept lowering my offer ridiculously above mid point is that the MMs at least for flies seem to be nowhere to be found. In retrospect I probably could have legged out and saved this for a winner and a positive P/L for the day but didn't think of it. Selling the bids and buying the offers would have been a winner instead of trying to exit repeatedly the whole order as a fly. Instead it expired worthless for a total loss and then I had to sit around watching the after hours to see the final closing price to look if my long 205 puts would be auto exercised leaving me short 1,000 shares of GME going into Monday exposing me to large potential losses or large windfall profits come Monday and a weekend of worry to go with it. Stress I didn't need. I suppose I could have called TW and ordered them abandoned. No need to really add these intraday trades. Perhaps from time to time when the set up is perfect but why fuck around with a WSB shit in GME and end up turning a nice green day into a bloody red day in the final ten minutes of trading. I could have been out of all positions by 11:00 AM and in the hammock reading sleeping with a summer shandy in hand. Remember all of the above going into next week. Had one losing IF while in costa rica but didn't feel like looking it up. Like the commodity flies Wheat a small winner by exiting in the pre-market as it has hammered along with the whole grain complex on Friday