Market tanked - Weekly summary (Mar 31 - Apr 4)
A crazy week for the markets.
The orangeman went wild with tariffs; the market panicked and dumped liek 10% in a few days.
I also had a terrible week, and dumped most of my trading profits from last month.
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 | 2025-03-31 | 2025-05-16 | 510 | 505 | 0.63 | 1 | 1.43 | 61.57 |
| PFE | Covered Call | 2025-03-31 | 2025-04-04 | 25.5 | 0 | 0.16 | 1 | 0.86 | 15.14 |
| SPY | BCS | 2025-04-02 | 2025-05-30 | 569 | 570 | 0.54 | 1 | 2.16 | 51.84 |
| KRE | BPS (IC) | 2025-04-03 | 2025-04-03 | 48 | 47 | 0.22 | 1 | 1.42 | 20.58 |
| KRE | BCS (IC) | 2025-04-03 | 2025-04-03 | 55 | 56 | 0.32 | 1 | 1.42 | 30.58 |
| SPY | BCS | 2025-04-03 | 2025-05-30 | 551 | 553 | 1.02 | 1 | 2.15 | 99.85 |
| VXX | BCS | 2025-04-03 | 2025-05-30 | 70 | 75 | 0.7 | 1 | 2.13 | 67.87 |
| SPY | BCS | 2025-04-04 | 2025-05-16 | 525 | 527 | 1.05 | 1 | 1.47 | 103.53 |
| IWM | BCS | 2025-04-04 | 2025-05-16 | 185 | 186 | 0.5 | 1 | 1.44 | 48.56 |
| EEM | Short Put | 2025-04-04 | 2025-04-11 | 38 | 0 | 0.2 | 1 | 0.81 | 19.19 |
| SPY | BCS | 2025-04-04 | 2025-05-23 | 525 | 527 | 0.99 | 1 | 1.47 | 97.53 |
Some risky plays with bear call spread on VXX and naked put on EEM.
If the market is just a short term panic, and all this tariff stuff blows over, then I'm a genius. If not, then I'm gonna lose a bunch of money.
Closed / Expired: #
| Ticker | Type | Entry Date | Expiry Date | Sell Strike | Buy Strike | Premium | Open Qty | Fee open | Net Premium | Close Date | Close Cost | Close Qty | Fee close | Profit/Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPY | BPS | 2025-02-24 | 2025-04-17 | 560 | 555 | 0.49 | 1 | 1.43 | 47.57 | 2025-03-31 | -2.68 | 1 | 1.45 | -221.88 |
| SPY | BCS | 2025-03-19 | 2025-04-17 | 569 | 571 | 1.11 | 1 | 2.16 | 108.84 | 2025-04-04 | -0.39 | 1 | 2.12 | 67.72 |
| SPY | BCS | 2025-03-24 | 2025-05-02 | 579 | 580 | 0.53 | 1 | 2.15 | 50.85 | 2025-03-31 | -0.2 | 1 | 2.52 | 28.33 |
| IWM | BCS | 2025-03-25 | 2025-05-16 | 210 | 211 | 0.5 | 1 | 1.43 | 48.57 | 2025-04-03 | -0.2 | 1 | 2.12 | 26.45 |
| QQQ | BCS | 2025-03-26 | 2025-05-02 | 495 | 496 | 0.5 | 1 | 2.14 | 47.86 | 2025-03-31 | -0.2 | 1 | 2.12 | 25.74 |
| SPY | BCS | 2025-03-27 | 2025-05-09 | 577 | 578 | 0.47 | 1 | 1.44 | 45.56 | 2025-04-03 | -0.2 | 1 | 2.13 | 23.43 |
| SPY | BCS | 2025-04-02 | 2025-05-30 | 569 | 570 | 0.54 | 1 | 2.16 | 51.84 | 2025-04-04 | -0.2 | 1 | 1.43 | 30.41 |
- Closed Net Profits/Loss: -$19.8
Eating major losses every week on my "45DTE SPY Put Spread" strategy. Wondering if I should pause it for the now until things calm down a bit.
Or, perhaps turn it into a put condor combo or something.
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 | 2025-03-31 | 2025-03-31 | 5615 | 5670 | 0.8 | 1 | 3.12 | 76.88 | 2025-03-31 | -1.65 | 1 | 3.21 | -91.33 |
| SPX | BPS | 2025-03-31 | 2025-03-31 | 5485 | 5425 | 0.8 | 1 | 3.21 | 76.79 | 2025-03-31 | 0 | 1 | 0 | 76.79 |
| SPX | BPS (IC) | 2025-03-31 | 2025-03-31 | 5530 | 5525 | 0.88 | 1 | 3.3 | 84.7 | 2025-03-31 | 0 | 1 | 0 | 84.7 |
| SPX | BCS (IC) | 2025-03-31 | 2025-03-31 | 5575 | 5580 | 1.07 | 1 | 3.3 | 103.7 | 2025-03-31 | -5 | 1 | 0 | -396.3 |
| SPX | BPS | 2025-03-31 | 2025-03-31 | 5535 | 5475 | 0.85 | 1 | 3.21 | 81.79 | 2025-03-31 | 0 | 1 | 0 | 81.79 |
| SPX | BCS | 2025-03-31 | 2025-03-31 | 5605 | 5610 | 1.1 | 1 | 3.5 | 106.5 | 2025-03-31 | -5 | 1 | 0 | -393.5 |
| SPX | BCS | 2025-04-01 | 2025-04-01 | 5610 | 5615 | 1.1 | 1 | 3.3 | 106.7 | 2025-04-01 | -5 | 1 | 0 | -393.3 |
| SPX | BPS | 2025-04-01 | 2025-04-01 | 5610 | 5580 | 1.1 | 1 | 3.21 | 106.79 | 2025-04-01 | 0 | 1 | 0 | 106.79 |
| SPX | BCS | 2025-04-02 | 2025-04-02 | 5705 | 5770 | 1 | 1 | 3.21 | 96.79 | 2025-04-02 | -2 | 1 | 3.21 | -106.42 |
| SPX | BPS (IC) | 2025-04-02 | 2025-04-02 | 5615 | 5610 | 1.02 | 1 | 3.3 | 98.7000000000001 | 2025-04-02 | 0 | 1 | 0 | 98.7000000000001 |
| SPX | BCS (IC) | 2025-04-02 | 2025-04-02 | 5675 | 5680 | 0.98 | 1 | 3.3 | 94.7 | 2025-04-02 | 0 | 1 | 0 | 94.7 |
| SPX | BPS | 2025-04-02 | 2025-04-02 | 5605 | 5535 | 1 | 1 | 3.21 | 96.79 | 2025-04-02 | -2.05 | 1 | 3.41 | -111.62 |
| SPX | BCS | 2025-04-02 | 2025-04-02 | 5700 | 5745 | 1 | 1 | 3.12 | 96.88 | 2025-04-02 | 0 | 1 | 0 | 96.88 |
| SPX | BCS | 2025-04-02 | 2025-04-02 | 5655 | 5660 | 1.05 | 1 | 3.5 | 101.5 | 2025-04-02 | -5 | 1 | 0 | -398.5 |
| SPX | BPS (IC) | 2025-04-03 | 2025-04-03 | 5405 | 5400 | 1.23 | 1 | 3.3 | 119.7 | 2025-04-03 | -0.6 | 1 | 3.3 | 56.4 |
| SPX | BCS (IC) | 2025-04-03 | 2025-04-03 | 5450 | 5455 | 1.02 | 1 | 3.3 | 98.7 | 2025-04-03 | -0.5 | 1 | 3.3 | 45.4 |
| SPX | BCS | 2025-04-04 | 2025-04-04 | 5340 | 5370 | 1.1 | 1 | 3.3 | 106.7 | 2025-04-04 | -2.35 | 1 | 3.3 | -131.6 |
| SPX | BCS | 2025-04-04 | 2025-04-04 | 5325 | 5370 | 0.95 | 1 | 3.21 | 91.79 | 2025-04-04 | -0.4 | 1 | 3.12 | 48.67 |
| SPX | BCS | 2025-04-04 | 2025-04-04 | 5200 | 5270 | 0.95 | 1 | 3.21 | 91.79 | 2025-04-04 | -1.8 | 1 | 3.31 | -91.52 |
| SPX | BPS (IC) | 2025-04-04 | 2025-04-04 | 5070 | 5075 | 0.75 | 1 | 3.3 | 71.7 | 2025-04-04 | -0.92 | 1 | 0 | -20.3 |
| SPX | BCS (IC) | 2025-04-04 | 2025-04-04 | 5135 | 5140 | 1.05 | 1 | 3.3 | 101.7 | 2025-04-04 | 0 | 1 | 0 | 101.7 |
- 0DTE Closed Net Profits/Loss: -$1241.87
Shiet.
Total Profit / Loss #
- 0DTE trades = -$1241.87
- Other trades = -$19.80
NET PROFIT / LOSS = -$1261.67
Notes, Lessons and Thoughts #
Damnnnnnn it.
Some big fat losses this past week.
With the market tanking and going into bear territory, my portfolio/account value has also decreased significantly.
Fortunately, this time I have a decent amount in cash which I can use for some long term purchases.
I will be decrease number of trades next week in order to keep my max losses at 1-2% of account size.