February Month End Results

February Trade Results
Total Opened Trades: 7
Total Closed Trades: 7
Month Realized P/L: $1,661.49
YTD Realized P/L: $2,709.98
YTD ROC: 8.4%

Closing Trade - 17 MAR K 75 Straddle

With 17 DTE, theta still hasn't come in like expected so I decided to close the trade so I can transfer the funds to my new brokerage.

Closing Trade [Opening Trade]
Bought: five @$3.28

Total Debit: $1,640.00
Total Commissions/Fees: $17.75
Balance: $37,633.23
Trade P/L: $349.45
YTD Realized P/L: $2,709.98

Closing Trade - 17 MAR RUT 1360 Put Calendar

With 16 DTE, I decided to use today's sell-off in the market to scratch the trade to free up the funds to transfer to my new brokerage.

Closing Trade [Opening Trade]
Sold: five 17 MAR RUT 1360 Put Calendars @$13.45

Total Credit: $6,725.00
Total Commissions/Fees: $17.75
Balance: $39,291.01
Trade P/L: $64.50
YTD Realized P/L: $2,360.53

Closing Trade - 17 MAR HIG 44/50 Strangle

Closing Trade [Opening Trade]
Bought: ten 17 MAR HIG 44/50 Strangles @$0.32

Total Debit: $320.00
Total Commissions/Fees: $25.49
Balance: $32,583.74
Trade P/L: $209.02
YTD Realized P/L: $2,296.03

New Opening Trade - 17 MAR FRED 17.5 Straddle [Closed]

Opening Trade
Sold: ten 17 MAR FRED 17.5 Straddles @$2.88

Total Credit: $2,880.00
Total Commissions/Fees: $25.57
Balance: $32,929.23

Closing Trade - 17 MAR BKD 13/17 Strangle

Brookdale announced on 2/16 that they were in talks to be acquired by Ventas so decided to scratch the trade.

Closing Trade [Opening Trade]
Bought: thirty 17 MAR BKD 13/17 Strangles @$0.35

Total Debit: $1,050.00
Total Commissions/Fees: $56.47
Balance: $30,074.80
Trade P/L: $37.02
YTD Realized P/L: $2,087.01

Switching Brokerages After March Expiration

After March Expiration I'll be switching my brokerage from TD Ameritrade to tastyworks.  So until then I won't be putting on any new trades with expirations beyond March.

The reasoning behind the switch to tastyworks is:

1) Speed of their platform - their software is based on the same technology as high frequency trading platforms
2) Second and most important, there are no commissions on closing trades

So I'll be able to achieve better executions and keep a higher % of my profits resulting in a higher ROC.

Closing Trade - 17 MAR AMD 10/16 Strangle

Closing Trade [Opening Trade]
Bought: twenty 17 MAR AMD 10/16 Strangles @$0.15

Total Debit: $300.00
Total Commissions/Fees: $40.99
Balance: $31,181.23
Trade P/L: $178.02
YTD Realized P/L: $2,050.08

New Opening Trade - 17 MAR BKD 13/17 Strangle [Closed]

Opening Trade
Sold: thirty 17 MAR BKD 13/17 Strangles @$0.40

Total Credit: $1,200.00
Total Commissions/Fees: $56.51
Balance: $31,522.22

New Opening Trade - 17 MAR K 75 Straddle [Closed]

Opening Trade
Sold: five 17 MAR K 75 Straddles @$4.05

Total Credit: $2,025.00
Total Commissions/Fees: $17.80
Balance: $30,378.71

Closing Trade - 17 MAR LULU 57.5/75 Strangle

Closing Trade [Opening Trade]
Bought: ten 17 MAR LULU 57.5/75 Strangles @$0.35

Total Debit: $350.00
Total Commissions/Fees: $25.49
Balance: $28,371.51
Trade P/L: $279.02
YTD Realized P/L: $1,872.06

New Opening Trade - 17 MAR RUT 1360 Put Calendar [Closed]

Opening Trade
Bought: five 17 MAR RUT 1360 Put Calendars @$13.25

Total Debit: $6,625.00
Total Commissions/Fees: $17.75
Balance: $28,746.98

New Opening Trade - 17 MAR AMD 10/16 Strangle [Closed]

Opening Trade
Sold: twenty 17 MAR AMD 10/16 Strangles @$0.28

Total Credit: $560.00
Total Commissions/Fees: $40.99
Balance: $35,389.72

New Opening Trade - 17 MAR HIG 44/50 Strangle [Closed]

Opening Trade
Sold: ten 17 MAR HIG 44/50 Strangles @$0.58

Total Credit: $580.00
Total Commissions/Fees: $25.49
Balance: $34,870.70

New Opening Trade - 17 MAR LULU 57.5/75 Strangle [Closed]

Opening Trade
Sold: ten 17 MAR LULU 57.5/75 Strangles @$0.68

Total Credit: $680.00
Total Commissions/Fees: $25.49
Balance: $34,316.19

Closing Trade - 17 FEB RUT 1370 Put Calendar

Closing Trade [Opening Trade]
Sold: five 17 FEB RUT 1370 Put Calendars @$13.26

Total Credit: $6,630.00
Total Commissions/Fees: $17.73
Balance: $33,661.68
Trade P/L: $544.54
YTD Realized P/L: $1,593.04