Market Up - Weekly summary (Jan 13 - Jan 17)
After a rough last week, the market completely recovered.
It's like last week didn't even happen.
I also made quite a bit of trades this week, after not doing much the past couple weeks.
Experimenting with new trade log format. Things are going to be a bit messy until all old trades close.
Opened: #
| Ticker | Type | Entry Date | Expiry Date | Sell Strike | Buy Strike | Premium | Open Qty | Fee open | Net Premium |
|---|---|---|---|---|---|---|---|---|---|
| SPY | BPS | 2025-01-13 | 2025-02-28 | 542 | 537 | 0.54 | 1 | 1.41 | 52.59 |
| XLB | BCS | 2025-01-13 | 2025-03-21 | 85 | 86 | 0.53 | 1 | 1.41 | 51.59 |
| SPY | BCS | 2025-01-14 | 2025-02-28 | 588 | 589 | 0.5 | 1 | 3.07 | 46.93 |
| CSCO | Covered Call | 2025-01-17 | 2025-01-24 | 60 | 0 | 0.82 | 1 | 1.06 | 80.94 |
| BITO | Covered Call | 2025-01-17 | 2025-01-24 | 25 | 0 | 0.98 | 1 | 0.71 | 97.29 |
| COST | BPS | 2025-01-17 | 2025-04-17 | 845 | 835 | 1.24 | 1 | 2.14 | 121.86 |
Little bit of everything this week.
Rolled a couple of covered calls out, even though they would've closed for profit. Trying to squeeze a bit more out of it.
Will I regret not just taking the money? Maybe.
Closed / Expired: #
New format:
| Ticker | Type | Entry Date | Expiry Date | Sell Strike | Buy Strike | Premium | Open Qty | Fee open | Net Premium | Exit Date | Close Cost | Close Qty | Fee close | Profit/Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPY | BPS | 2025-01-13 | 2025-02-28 | 542 | 537 | 0.54 | 1 | 1.41 | 52.59 | 2025-01-15 | -0.21 | 1 | 2.12 | 29.47 |
Old format:
| Ticker | Action | Type | Date | Expiry | Sell Strike | Buy Strike | Premium | Qty | Fee | Net | Profit/Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|
| V | open | BPS | 2024-12-06 | 2024-03-21 | 280 | 270 | 0.95 | 1 | 2.31 | 92.69 | $46.27 |
| V | close | BPS | 2025-01-17 | 2024-03-21 | 270 | 280 | -0.45 | 1 | 1.42 | -46.42 | |
| SPY | open | BPS | 2024-12-17 | 2024-01-31 | 571 | 566 | 0.4 | 1 | 2.11 | 37.89 | $14.78 |
| SPY | close | BPS | 2025-01-17 | 2024-01-31 | 566 | 571 | -0.21 | 1 | 2.11 | -23.11 | |
| SPY | open | BCS | 2024-12-23 | 2024-01-31 | 598 | 599 | 0.52 | 1 | 3.06 | 48.94 | $28.84 |
| SPY | close | BCS | 2025-01-13 | 2024-01-31 | 599 | 598 | -0.18 | 1 | 2.1 | -20.1 | |
| SPY | open | BPS | 2024-12-23 | 2025-02-21 | 552 | 547 | 0.48 | 1 | 1.4 | 46.6 | $24.48 |
| SPY | close | BPS | 2025-01-17 | 2025-02-21 | 547 | 552 | -0.2 | 1 | 2.12 | -22.12 | |
| SPY | open | BPS | 2024-12-30 | 2024-02-21 | 550 | 545 | 0.49 | 1 | 1.4 | 47.6 | $25.98 |
| SPY | close | BPS | 2025-01-17 | 2024-02-21 | 545 | 550 | -0.2 | 1 | 1.62 | -21.62 |
- Closed Net Profits/Loss: $169.82
The big market pop helped close a bunch of my long SPY positions. First profits on my new 45DTE strategy. Strategy is still a bit negative overall though.
0DTE Trades #
| Ticker | Type | Entry Date | Expiry Date | Sell Strike | Buy Strike | Premium | Open Qty | Fee open | Net Premium | Exit Date | Close Cost | Close Qty | Fee close | Profit/Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPX | BCS | 2025-01-13 | 2025-01-13 | 5830 | 5890 | 0.95 | 1 | 3.19 | 91.81 | 2025-01-13 | -2.05 | 1 | 1.64 | -114.83 |
| SPX | BPS | 2025-01-13 | 2025-01-13 | 5770 | 5720 | 0.9 | 1 | 3.19 | 86.81 | 2025-01-13 | -0.35 | 1 | 3.1 | 48.71 |
| SPX | BPS | 2025-01-13 | 2025-01-13 | 5800 | 5765 | 1.1 | 1 | 3.19 | 106.81 | 2025-01-13 | -0.4 | 1 | 1.55 | 65.26 |
| SPX | BPS | 2025-01-14 | 2025-01-14 | 5805 | 5765 | 0.9 | 1 | 3.19 | 86.81 | 2025-01-14 | -0.35 | 1 | 3.1 | 48.71 |
| SPX | BPS | 2025-01-14 | 2025-01-14 | 5825 | 5785 | 1.15 | 1 | 3.19 | 111.81 | 2025-01-14 | -0.45 | 1 | 3.1 | 63.71 |
| SPX | BCS | 2025-01-14 | 2025-01-14 | 5835 | 5860 | 0.95 | 1 | 3.19 | 91.81 | 2025-01-14 | -1.95 | 1 | 1.64 | -104.83 |
| SPX | BCS | 2025-01-16 | 2025-01-16 | 5975 | 6010 | 1.15 | 1 | 3.21 | 111.79 | 2025-01-16 | -0.45 | 1 | 1.56 | 65.23 |
| SPX | BCS | 2025-01-16 | 2025-01-16 | 5955 | 5980 | 1.15 | 1 | 3.21 | 111.79 | 2025-01-16 | -2.3 | 1 | 3.21 | -121.42 |
| SPX | BPS | 2025-01-17 | 2025-01-17 | 5955 | 5895 | 0.85 | 1 | 3.21 | 81.79 | 2025-01-17 | -0.3 | 1 | 3.12 | 48.67 |
| SPX | BCS | 2025-01-17 | 2025-01-17 | 6015 | 6040 | 0.85 | 1 | 3.12 | 81.88 | 2025-01-17 | -0.3 | 1 | 1.56 | 50.32 |
- 0DTE Closed Net Profits/Loss: $49.53
Up and down week for 0DTE. Luckily finished on an up.
Total Profit / Loss #
- 0DTE trades = $49.53
- Other trades = $169.82
NET PROFIT / LOSS = $219.35
Notes, Lessons and Thoughts #
Ended up being an OK week.
Not great, but OK. Can't complain with any profit I guess.
Have been backtesting different entry times for 0DTE trades. Comparing 3 month, 6 month, and 12 month results. Will probably start implementing my found "optimal" times next week.
Still holding a couple of long positions that are in an awkward positions. Dropped enough that it's not worth selling covered calls on. Not dropped enough to just cut the position and take my loss.
Trump enters office this week. Wonder what's going to happen. Probably the market will overreact to something