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Good and Bad - Weekly summary (Feb 3 - Feb 7)

Not a good week for me.

Took first fat loss in a while, along with bunch of minor losses.

0DTE trades performed well though, so it was also not a bad week.

Market continues chopping up and down with Trump doing some crazy new shit everyday. It basically finished flat from last week.

Here's the trades from the past week:

Opened: #

Ticker Type Entry Date Expiry Date Sell Strike Buy Strike Premium Open Qty Fee open Net Premium
SPY BPS 2025-02-03 2025-03-31 555 550 0.56 1 1.42 54.58
KMI Covered Call 2025-02-03 2025-02-07 27.5 0 0.23 1 1.06 21.94
MSFT BPS 2025-02-03 2025-05-16 360 350 1.1 1 1.43 108.57
SPY BCS 2025-02-06 2025-03-28 611 612 0.52 1 2.14 49.86

Nothing too interesting of note.

Took a new MSFT position as it dropped after earnings. Still also holding an old MSFT position from couple months back. If it continues dropping, I could be taking a fat loss soon.

Closed / Expired: #

Ticker Action Type Date Expiry Sell Strike Buy Strike Premium Qty Fee Net Profit/Loss
KHC open Long 2024-11-27 - 0 32.088 -32.088 1 1 -3209.8 -$341.37
KHC close Long 2025-02-05 2024-11-29 28.38 0 28.38 1.01111 1.1 2868.43018
KHC open Covered Call 2024-12-02 2024-12-06 32 0 0.11 1 0.57 10.43 $10.43
KHC expired Covered Call - 2024-12-06 0 32 0 1 0 0
KHC open Covered Call 2024-12-09 2024-12-13 32 0 0.17 1 1.04 15.96 $12.43
KHC close Covered Call 2024-12-13 2024-12-13 0 32 -0.02 1 1.53 -3.53
KHC open Covered Call 2024-12-13 2024-12-20 32 0 0.31 1 1.54 29.46 $29.46
KHC expired Covered Call 2024-12-20 2024-12-20 0 32 1 0
SPY open BCS 2024-12-30 2024-02-07 591 592 0.550000000000001 1 2.13 52.8700000000001 -$47.13
SPY close BCS 2025-02-07 2024-02-07 592 591 -1 1 0 -100
SPY open BCS 2025-01-03 2025-02-07 595 596 0.540000000000001 1 1.43 52.5700000000001 -$47.43
SPY close BCS 2025-02-07 2025-02-07 596 595 -1 1 0 -100
DIA open BCS 2025-01-08 2025-02-14 427 428 0.55 1 1.42 53.58 -$46.42
DIA close BCS 2025-02-07 2025-02-14 428 427 -1 1 0 -100

Decided to eat my loss on KHC. It was a dividend play from a couple months ago that did nothing. As soon as I entered, it started downtrending.

Well, it was actually in a downtrend when I entered, so I shouldn't have entered in the first place. Loss around $300.

Another bunch of small losses on Option Alpha trade ideas. Mistake here was entering too many trades with the same expiry.

0DTE Trades #

It was an OK week for 0DTE trades. I forgot to open/login to my account on Tuesday, otherwise probably would've made a bit more.

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 2025-02-03 2025-02-03 6035 6095 0.9 1 3.21 86.79 2025-02-03 -2 1 3.21 -116.42
SPX BCS 2025-02-03 2025-02-03 6050 6010 0.95 1 3.21 91.79 2025-02-03 -0.25 1 1.56 65.23
SPX BPS 2025-02-03 2025-02-03 5970 5910 0.85 1 3.21 81.79 2025-02-03 -0.25 1 1.56 55.23
SPX BPS 2025-02-04 2025-02-04 5965 5905 0.95 1 3.21 91.79 2025-02-04 -0.25 1 3.12 63.67
SPX BPS 2025-02-04 2025-02-04 5970 5910 0.8 1 3.21 76.79 2025-02-04 -0.2 1 3.12 53.67
SPX BCS 2025-02-04 2025-02-04 6055 6100 0.95 1 3.21 91.79 2025-02-04 -0.25 1 1.56 65.23
SPX BPS 2025-02-04 2025-02-04 6030 6005 1.1 1 3.21 106.79 2025-02-04 -0.9 1 1.66 15.13
SPX BCS 2025-02-05 2025-02-05 6075 6125 0.95 1 3.21 91.79 2025-02-05 -0.25 1 1.56 65.23
SPX BPS 2025-02-05 2025-02-05 5990 5930 1 1 3.21 96.79 2025-02-05 -0.3 1 3.12 63.67
SPX BPS 2025-02-05 2025-02-05 6010 5950 0.85 1 3.21 81.79 2025-02-05 -0.25 1 3.12 53.67
SPX BPS 2025-02-05 2025-02-05 6040 5995 0.95 1 3.21 91.79 2025-02-05 -0.65 1 3.12 23.67
SPX BCS 2025-02-07 2025-02-07 6110 6160 1.1 1 3.41 106.59 2025-02-07 -0.3 1 1.556 75.034
SPX BCS 2025-02-07 2025-02-07 6100 6160 0.85 1 3.12 81.88 2025-02-07 -1.75 1 1.75 -94.87
SPX BCS 2025-02-07 2025-02-07 6040 6085 0.85 1 3.12 81.88 2025-02-07 -0.25 1 1.56 55.32

Total Profit / Loss #

NET PROFIT / LOSS = $13.43

Notes, Lessons and Thoughts #

0DTE trades saved my week.

I could've actually made a bunch more, but I was messing around with the trading software and for some reason decided to put a daily profit cap at $200.

My account ended up hitting the cap on two days last week, otherwise I would've made an extra $100 or so.

Could've, would've, should've.

🙃