Roller Coaster - Weekly summary (Apr 28 - May 2)
It was a roller coaster week.
Crazy highs, crazy lows.
Ended up back where I started. 😂
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 | 2025-04-28 | 2025-06-20 | 500 | 495 | 0.63 | 1 | 1.41 | 61.59 |
| IWM | BCS | 2025-04-30 | 2025-06-06 | 197 | 198 | 0.49 | 1 | 2.13 | 46.87 |
| VXX | BCS | 2025-04-30 | 2025-07-18 | 70 | 75 | 1.17 | 1 | 1.44 | 115.56 |
| SPY | BWB – Bull Put | 2025-05-02 | 2025-05-23 | 550 | 544 | 1.11 | 1 | 1.46 | 109.54 |
| SPY | BWB – Bear Put | 2025-05-02 | 2025-05-23 | 550 | 553 | -0.68 | 1 | 1.46 | -69.46 |
Rolled out a VXX short position. Market volatility has come back down, but the position was expiring in a couple weeks, and was still a little too close to the money for my comfort.
Testing out new strategy -- 21DTE Put Broken Wing Butterfly on SPY. We'll see how it goes.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MSFT | BPS | 2025-02-03 | 2025-05-16 | 360 | 350 | 1.1 | 1 | 1.43 | 108.57 | 2025-05-01 | -0.16 | 1 | 2.12 | 90.45 |
| V | BPS | 2025-02-21 | 2025-05-16 | 320 | 310 | 1.06 | 1 | 1.42 | 104.58 | 2025-05-01 | -0.5 | 1 | 1.42 | 53.16 |
| COST | BPS | 2025-03-24 | 2025-06-20 | 815 | 805 | 1.19 | 1 | 1.44 | 117.56 | 2025-05-01 | -0.5 | 1 | 1.41 | 66.15 |
| SPY | BPS | 2025-03-31 | 2025-05-16 | 510 | 505 | 0.63 | 1 | 1.43 | 61.57 | 2025-04-30 | -0.25 | 1 | 1.42 | 35.15 |
| TLT | BPS (IC) | 2025-04-09 | 2025-05-16 | 83 | 82 | 0.21 | 1 | 1.42 | 19.58 | 2025-05-02 | -0.04 | 1 | 3.06 | 12.52 |
| TLT | BCS (IC) | 2025-04-09 | 2025-05-16 | 90 | 91 | 0.31 | 1 | 1.42 | 29.58 | 2025-05-02 | -0.16 | 1 | 3.06 | 10.52 |
| SPY | BPS | 2025-04-14 | 2025-05-30 | 490 | 485 | 0.61 | 1 | 1.44 | 59.56 | 2025-05-01 | -0.16 | 1 | 2.12 | 41.44 |
- Closed Net Profits/Loss: $309.39
A few longer term positions finally closed for profits -- i.e. MSFT, V, COST.
The MSFT position was held for nearly 3 months, and the V position for over 2 months.
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 | 2025-04-28 | 2025-04-28 | 5560 | 5630 | 0.85 | 1 | 3.12 | 81.88 | 2025-04-28 | 0 | 1 | 0 | 81.88 |
| SPX | BCS | 2025-04-28 | 2025-04-28 | 5535 | 5610 | 0.85 | 1 | 3.12 | 81.88 | 2025-04-28 | -1.85 | 1 | 1.65 | -104.77 |
| SPX | BPS (IC) | 2025-04-28 | 2025-04-28 | 5475 | 5470 | 0.87 | 1 | 3.3 | 83.7 | 2025-04-28 | 0 | 1 | 0 | 83.7 |
| SPX | BCS (IC) | 2025-04-28 | 2025-04-28 | 5515 | 5520 | 0.98 | 1 | 3.3 | 94.7000000000001 | 2025-04-28 | -5 | 1 | 0 | -405.3 |
| SPX | BPS | 2025-04-28 | 2025-04-28 | 5490 | 5485 | 1.1 | 1 | 3.3 | 106.7 | 2025-04-28 | 0 | 1 | 0 | 106.7 |
| SPX | BPS | 2025-04-28 | 2025-04-28 | 5490 | 5485 | 1.1 | 1 | 3.5 | 106.5 | 2025-04-28 | 0 | 1 | 0 | 106.5 |
| SPX | BPS | 2025-04-28 | 2025-04-28 | 5520 | 5480 | 1.2 | 1 | 3.21 | 116.79 | 2025-04-28 | 0 | 1 | 0 | 116.79 |
| SPX | BPS | 2025-04-29 | 2025-04-29 | 5430 | 5360 | 0.85 | 1 | 3.21 | 81.79 | 2025-04-29 | -0.05 | 1 | 1.56 | 75.23 |
| SPX | BPS (IC) | 2025-04-29 | 2025-04-29 | 5510 | 5505 | 0.88 | 1 | 3.3 | 84.7 | 2025-04-29 | -0.05 | 1 | 1.56 | 78.14 |
| SPX | BCS (IC) | 2025-04-29 | 2025-04-29 | 5565 | 5570 | 1.17 | 1 | 3.3 | 113.7 | 2025-04-29 | -0.4 | 1 | 3.12 | 70.58 |
| SPX | BPS | 2025-04-29 | 2025-04-29 | 5550 | 5545 | 1.05 | 1 | 3.3 | 101.7 | 2025-04-29 | -0.1 | 1 | 1.56 | 90.14 |
| SPX | BPS | 2025-04-29 | 2025-04-29 | 5550 | 5545 | 1.05 | 1 | 3.3 | 101.7 | 2025-04-29 | -0.1 | 1 | 1.56 | 90.14 |
| SPX | BCS | 2025-04-29 | 2025-04-29 | 5575 | 5615 | 0.95 | 1 | 3.12 | 91.88 | 2025-04-29 | -0.1 | 1 | 1.56 | 80.32 |
| SPX | BPS | 2025-05-01 | 2025-05-01 | 5625 | 5620 | 1.3 | 1 | 3.3 | 126.7 | 2025-05-01 | -5 | 1 | 0 | -373.3 |
| SPX | BPS | 2025-05-01 | 2025-05-01 | 5625 | 5620 | 1.2 | 1 | 3.3 | 116.7 | 2025-05-01 | -5 | 1 | 0 | -383.3 |
| SPX | BCS | 2025-05-01 | 2025-05-01 | 5645 | 5650 | 1.05 | 1 | 3.3 | 101.7 | 2025-05-01 | 0 | 1 | 0 | 101.7 |
| SPX | BPS | 2025-05-02 | 2025-05-02 | 5575 | 5500 | 0.9 | 1 | 3.21 | 86.79 | 2025-05-02 | 0 | 1 | 0 | 86.79 |
| SPX | BPS | 2025-05-02 | 2025-05-02 | 5605 | 5535 | 0.85 | 1 | 3.21 | 81.79 | 2025-05-02 | 0 | 1 | 0 | 81.79 |
| SPX | BPS | 2025-05-02 | 2025-05-02 | 5680 | 5675 | 0.85 | 1 | 3.3 | 81.7 | 2025-05-02 | 0 | 1 | 0 | 81.7 |
| SPX | BCS | 2025-05-02 | 2025-05-02 | 5700 | 5705 | 0.95 | 1 | 3.3 | 91.7 | 2025-05-02 | 0 | 1 | 0 | 91.7 |
| SPX | BCS | 2025-05-02 | 2025-05-02 | 5710 | 5770 | 0.9 | 1 | 3.12 | 86.88 | 2025-05-02 | -1.85 | 1 | 0 | -98.12 |
- 0DTE Closed Net Profits/Loss: $59.01
Exciting, but unprofitable week for 0DTE.
On Tuesday, had a huge winning day, making around $500.
Then, on Thursday I had a huge losing day where I lost over $600. 😂
Did not trade on Wednesday, as it was EOM (end of month), which has been historically bad for me.
Total Profit / Loss #
- 0DTE trades = $59.01
- Other trades = $309.39
NET PROFIT / LOSS = $368.40
Notes, Lessons and Thoughts #
Mildly profitable week.
The market jumped up big time to end the week. It seems like the bear market fears were short lived. For now anyways.
The strong market helped close a few long term trend positions that I had been holding for quite a while.
This was one of the few weeks in recent memory where non-0DTE trades outperformed 0DTE.
I guess it also shows that it's important to trade more than just 0DTE.