Tuesday, May 30, 2017

May Month End Results

May Trade Results
Total Opened Trades: 6
Total Adjusted Trades: 2
Total Closed Trades: 4
Month Realized P/L: $1,737.55
YTD Realized P/L: $5,640.56
YTD ROC: 17.5%

New Opening Trade - 21 JUL BABA 110/135 Strangle

Opening Trade
Sold: five 21 JUL BABA 110/135 Strangles @$1.68

Total Credit: $840.00
Total Commissions/Fees: $11.47
Balance: $41,671.48


New Opening Trade - 21 JUL SQ 19/25 Strangle

Opening Trade
Sold: fifteen 21 JUL SQ 19/25 Strangles @$0.65

Total Credit: $975.00
Total Commissions/Fees: $34.37
Balance: $40,842.95


Friday, May 26, 2017

Closing Trade - 16 JUN ALLY 18/22 Strangle

Closing Trade [Opening Trade]
Bought: twenty five 16 JUN ALLY 18/22 Strangles @$0.23

Total Debit: $575.00
Total Commissions/Fees: $7.16
Balance: $39,902.32
Trade P/L: $310.57
YTD Realized P/L: $5,640.56
YTD ROC: 17.5%


Wednesday, May 24, 2017

Trade Adjustment - 16 JUN TXT 46/50 Strangle [Closed]

Trade Adjustment [Opening Trade][1st Adjustment]
The Call side (already rolled down to 47 from 50) of the trade was breached, so I rolled up the Put side to turn the Strangle into a Straddle and collect additional credit to improve the POP.

Rolled: eight 16 JUN TXT 46 Puts
  • Bought: eight 16 JUN TXT 46 Puts @$0.51
  • Sold: eight 16 JUN TXT 47 Puts @$0.86
Total Credit: $280.00
Total Commissions/Fees: $10.32
Balance: $40,484.47



New Opening Trade - 16 JUN EWY 64/70 Strangle [Closed]

Opening Trade
Sold: seven 16 JUN EWY 64/70 Strangles @$0.49

Total Credit: $343.00
Total Commissions/Fees: $16.04
Balance: $40,214.80



Saturday, May 20, 2017

Closing Trade - 19 MAY SPX 2180/2550 Iron Condor

Closing Trade [Opening Trade]
Expired: sixteen 19 MAY SPX 2180/2550 Iron Condors @$0.00

Total Debit: $0.00
Total Commissions/Fees: $0.00
Balance: $39,887.84
Trade P/L: $524.97
YTD Realized P/L: $5,329.99
YTD ROC: 16.5%


Thursday, May 18, 2017

Trade Adjustment - 16 JUN TXT 46/50 Strangle [Closed]

Trade Adjustment [Opening Trade]
Yesterday the stock dropped 4% with the sell-off in the market and today the Put side of the trade was tested, so I decided to roll down my 50 Calls to collect additional credit and improve my POP.

Rolled: eight 16 JUN TXT 50 Calls
  • Bought: eight 16 JUN TXT 50 Calls @$0.19
  • Sold: eight 16 JUN TXT 47 Calls @$0.66
Total Credit: $376.00
Total Commissions/Fees: $10.32
Balance: $39,887.83



Tuesday, May 16, 2017

New Opening Trade - 16 JUN TXT 46/50 Strangle [Closed]

Opening Trade
Sold: eight 16 JUN TXT 46/50 Strangles @$1.56

Total Credit: $1,248.00
Total Commissions/Fees: $18.35
Balance: $39,521.86



Closing Trade - 16 JUN RUT 1390 Put Calendar

Closing Trade [Opening Trade]
Sold: five 16 JUN RUT 1390 Put Calendars @$13.05

Total Credit: $6,525.00
Total Commissions/Fees: $3.66
Balance: $38,292.21
Trade P/L: $577.80
YTD Realized P/L: $4,805.02
YTD ROC: 14.9%



Friday, May 5, 2017

New Opening Trade - 16 JUN RUT 1390 Put Calendar [Closed]

New Opening Trade
Bought: five 16 JUN RUT 1390 Put Calendars @$11.86

Total Debit: $5,930.00
Total Commissions/Fees: $13.53
Balance: $31,770.87



New Opening Trade - 16 JUN ALLY 18/22 Strangle [Closed]

Opening Trade
Sold: twenty five 16 JUN ALLY 18/22 Strangles @$0.38

Total Credit: $950.00
Total Commissions/Fees: $57.28
Balance: $37,714.41



Thursday, May 4, 2017

April Month End Results

April Trade Results
Total Opened Trades: 4
Total Closed Trades: 4
Month Realized P/L: $1,504.01
YTD Realized P/L: $3,903.01
YTD ROC: 12.1%

Closing Trade - 19 MAY TMUS 62/72.5 Strangle

Closing Trade [Opening Trade]
T-Mobile dropped $3 (4.36%) over the past two days and today closed unchanged.  With two weeks left to expiration I decided to close the trade instead of roll.
 
Bought: ten 19 MAY TMUS 62/72.5 Strangles @$0.62

Total Debit: $620.00
Total Commissions/Fees: $2.86
Balance: $36,821.68
Trade P/L: $324.21
YTD Realized P/L: $4,227.22
YTD ROC: 13.1%