Big rebound - Weekly summary (Apr 7 - Apr 11)
Tariffs were "paused", and the market rebounded over 10% last week.
Seems like it's going to be a crazy year.
I reduced my trading volume to reduce risk, and got super lucky for some nice profits.
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 |
|---|---|---|---|---|---|---|---|---|---|
| IBIT | Short Put | 2025-04-07 | 2025-04-11 | 38 | 0 | 0.2 | 1 | 1.06 | 18.94 |
| XLP | BCS | 2025-04-07 | 2025-05-16 | 78 | 79 | 0.53 | 1 | 1.47 | 51.53 |
| SPY | BPS | 2025-04-08 | 2025-05-23 | 465 | 460 | 0.55 | 1 | 1.44 | 53.56 |
| XLF | BCS | 2025-04-08 | 2025-05-23 | 46 | 47 | 0.49 | 1 | 2.13 | 46.87 |
| TLT | BPS (IC) | 2025-04-09 | 2025-05-16 | 83 | 82 | 0.21 | 1 | 1.42 | 19.58 |
| TLT | BCS (IC) | 2025-04-09 | 2025-05-16 | 90 | 91 | 0.31 | 1 | 1.42 | 29.58 |
| IWM | BCS | 2025-04-09 | 2025-05-23 | 179 | 181 | 0.92 | 1 | 2.14 | 89.86 |
| SPY | BCS | 2025-04-09 | 2025-05-23 | 547 | 550 | 0.75 | 1 | 2.13 | 72.87 |
| MSFT | BPS | 2025-04-09 | 2025-08-15 | 400 | 380 | 8.26 | 1 | 1.5 | 824.5 |
| BITO | Dividend | 2025-04-07 | - | 0 | 0 | 0.36 | 1 | 0 | 36 |
| SPY | BCS | 2025-04-11 | 2025-05-30 | 541 | 543 | 1.02 | 1 | 1.46 | 100.54 |
Bunch of everything. No idea what market is going to do, and feel my positions are skewed a bit too much to the bullish side, so tried to get more bearish positions.
Rolled out a bad MSFT position that I have been stuck in since the end of last year. The MSFT strategy was probably my most profitable strategy last year, but has done absolutely nothing this year so far.
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 | BCS | 2025-04-03 | 2025-05-30 | 551 | 553 | 1.02 | 1 | 2.15 | 99.85 | 2025-04-07 | -0.27 | 1 | 2.13 | 70.72 |
- Closed Net Profits/Loss: $70.72
Market opened way down to start the week, so one of my bear credit spreads closed for a nice profit.
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 | BPS (IC) | 2025-04-07 | 2025-04-07 | 5040 | 5035 | 1.08 | 1 | 3.3 | 104.7 | 2025-04-07 | 0 | 1 | 0 | 104.7 |
| SPX | BCS (IC) | 2025-04-07 | 2025-04-07 | 5180 | 5185 | 1.05 | 1 | 3.3 | 101.7 | 2025-04-07 | 0 | 1 | 0 | 101.7 |
| SPX | BPS | 2025-04-07 | 2025-04-07 | 4895 | 4855 | 0.9 | 1 | 3.21 | 86.79 | 2025-04-07 | 0 | 1 | 0 | 86.79 |
| SPX | BPS | 2025-04-07 | 2025-04-07 | 5110 | 5165 | 0.9 | 1 | 3.21 | 86.79 | 2025-04-07 | 0 | 1 | 0 | 86.79 |
| SPX | BPS (IC) | 2025-04-08 | 2025-04-08 | 5085 | 5080 | 0.93 | 1 | 3.3 | 89.7 | 2025-04-08 | -5 | 1 | 0 | -410.3 |
| SPX | BCS (IC) | 2025-04-08 | 2025-04-08 | 5225 | 5230 | 1.22 | 1 | 3.3 | 118.7 | 2025-04-08 | 0 | 1 | 0 | 118.7 |
| SPX | BPS | 2025-04-09 | 2025-04-09 | 5360 | 5355 | 1.2 | 1 | 3.3 | 116.7 | 2025-04-09 | 0 | 1 | 0 | 116.7 |
| SPX | BPS (IC) | 2025-04-10 | 2025-04-10 | 5240 | 5235 | 1.25 | 1 | 3.3 | 121.7 | 2025-04-10 | -0.6 | 1 | 3.3 | 58.4 |
| SPX | BCS (IC) | 2025-04-10 | 2025-04-10 | 5370 | 5375 | 0.9 | 1 | 3.3 | 86.7 | 2025-04-10 | -0.45 | 1 | 3.3 | 38.4 |
| SPX | BPS | 2025-04-11 | 2025-04-11 | 5115 | 5085 | 1.15 | 1 | 3.3 | 111.7 | 2025-04-11 | 0 | 1 | 0 | 111.7 |
| SPX | BPS (IC) | 2025-04-11 | 2025-04-11 | 5340 | 5335 | 1 | 1 | 3.3 | 96.7 | 2025-04-11 | 0 | 1 | 0 | 96.7 |
| SPX | BCS (IC) | 2025-04-11 | 2025-04-11 | 5390 | 5395 | 1.05 | 1 | 3.3 | 101.7 | 2025-04-11 | 0 | 1 | 0 | 101.7 |
- 0DTE Closed Net Profits/Loss: $611.98
I cut down METF trades to just 1-2 positions per day, due to crazy choppyness and the higher probability of getting stopped out.
Got super lucky at the beginning of the week when I forgot to open my auto-trading software in the morning. Probably saved me a few hundred dollars in losses.
Total Profit / Loss #
- 0DTE trades = $611.98
- Other trades = $70.72
NET PROFIT / LOSS = $682.7
Notes, Lessons and Thoughts #
Solid win, but still down on the month after last week's mess.
Trump and his goons are just fucking around with the world economy, and the market has been swinging like crazy the last couple weeks.
Some other crazy shit will probably go down next week as well.
Have changed some entries according to high VIX environments (VIX>30). Will continue to do some more backtests to find more trading strategies for this crazy environment.