Bad end to bad month - Weekly summary (May 26 - May 30)
Another bad week to finish the month.
May has been a terrible month for me. Just couldn't seem to get on any winning streak.
Also, testing new 1DTE strategy which lost a lof of money didn't help.
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 | 2025-05-27 | 2025-07-18 | 547 | 542 | 0.52 | 1 | 1.42 | 50.58 |
| QQQ | BCS | 2025-05-27 | 2025-07-03 | 527 | 529 | 0.99 | 1 | 1.42 | 97.58 |
| QQQ | BCS | 2025-05-29 | 2025-07-11 | 531 | 533 | 0.89 | 1 | 1.42 | 87.58 |
| SPY | BCS | 2025-05-29 | 2025-07-11 | 594 | 596 | 1.04 | 1 | 2.12 | 101.88 |
| SPY | Put Credit (BWB) | 2025-05-30 | 2025-06-20 | 574 | 566 | 1.45 | 1 | 1.43 | 143.57 |
| SPY | Put Debit (BWB) | 2025-05-30 | 2025-06-20 | 574 | 578 | -0.970000000000001 | 1 | 1.43 | -98.4300000000001 |
| IBIT | BPS (IC) | 2025-05-30 | 2025-07-11 | 55 | 53 | 0.46 | 1 | 1.42 | 44.58 |
| IBIT | BCS (IC) | 2025-05-30 | 2025-07-11 | 66 | 68 | 0.41 | 1 | 1.42 | 39.58 |
Nothing too exciting. Few random trade ideas, and another entry trying out the Put Broken Wing Butterfly.
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 | 2025-04-11 | 2025-05-30 | 541 | 543 | 1.02 | 1 | 1.46 | 100.54 | 2025-05-30 | -2 | 1 | 0 | -99.46 |
- Closed Net Profits/Loss: -$99.46
One little loser. That's how I feel this month also.
0DTE + 1DTE 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 (IF) | 2025-05-27 | 2025-05-28 | 5900 | 5890 | 4.7 | 1 | 3.3 | 466.7 | 2025-05-28 | -10 | 1 | 0 | -533.3 |
| SPX | BCS (IF) | 2025-05-27 | 2025-05-28 | 5900 | 5905 | 2.3 | 1 | 3.3 | 226.7 | 2025-05-28 | 0 | 1 | 0 | 226.7 |
| SPX | BPS | 2025-05-27 | 2025-05-27 | 5845 | 5770 | 0.9 | 1 | 3.21 | 86.79 | 2025-05-27 | 0 | 1 | 0 | 86.79 |
| SPX | BPS (IC) | 2025-05-27 | 2025-05-27 | 5880 | 5875 | 0.84 | 1 | 3.3 | 80.7 | 2025-05-27 | 0 | 1 | 0 | 80.7 |
| SPX | BCS (IC) | 2025-05-27 | 2025-05-27 | 5910 | 5915 | 1.26 | 1 | 3.3 | 122.7 | 2025-05-27 | -5 | 1 | 0 | -377.3 |
| SPX | BPS | 2025-05-27 | 2025-05-27 | 5900 | 5895 | 1 | 1 | 3.3 | 96.7 | 2025-05-27 | 0 | 1 | 0 | 96.7 |
| SPX | BCS | 2025-05-27 | 2025-05-27 | 5935 | 5940 | 0.75 | 1 | 3.3 | 71.7 | 2025-05-27 | 0 | 1 | 0 | 71.7 |
| SPX | BPS | 2025-05-27 | 2025-05-27 | 5920 | 5960 | 1.2 | 1 | 3.21 | 116.79 | 2025-05-27 | -1.54 | 1 | 0 | -37.21 |
| SPX | BPS (IF) | 2025-05-28 | 2025-05-29 | 5920 | 5910 | 4.7 | 1 | 3.3 | 466.7 | 2025-05-29 | -7.83 | 1 | 0 | -316.3 |
| SPX | BCS (IF) | 2025-05-28 | 2025-05-29 | 5920 | 5925 | 2.45 | 1 | 3.3 | 241.7 | 2025-05-29 | 0 | 1 | 0 | 241.7 |
| SPX | BCS | 2025-05-28 | 2025-05-28 | 5945 | 6020 | 1.05 | 1 | 3.21 | 101.79 | 2025-05-28 | 0 | 1 | 0 | 101.79 |
| SPX | BPS (IC) | 2025-05-28 | 2025-05-28 | 5885 | 5880 | 0.9 | 1 | 3.3 | 86.7 | 2025-05-28 | 0 | 1 | 0 | 86.7 |
| SPX | BCS (IC) | 2025-05-28 | 2025-05-28 | 5915 | 5920 | 1.35 | 1 | 3.3 | 131.7 | 2025-05-28 | 0 | 1 | 0 | 131.7 |
| SPX | BPS | 2025-05-28 | 2025-05-28 | 5875 | 5810 | 0.95 | 1 | 3.21 | 91.79 | 2025-05-28 | -2.8 | 1 | 1.75 | -189.96 |
| SPX | BPS | 2025-05-28 | 2025-05-28 | 5900 | 5825 | 0.9 | 1 | 3.12 | 86.88 | 2025-05-28 | -1.8 | 1 | 3.31 | -96.43 |
| SPX | BPS (IC) | 2025-05-29 | 2025-05-29 | 5880 | 5875 | 0.96 | 1 | 3.3 | 92.7 | 2025-05-29 | 0 | 1 | 0 | 92.7 |
| SPX | BCS (IC) | 2025-05-29 | 2025-05-29 | 5905 | 5910 | 1.19 | 1 | 3.3 | 115.7 | 2025-05-29 | -5 | 1 | 0 | -384.3 |
| SPX | BPS | 2025-05-30 | 2025-05-30 | 5900 | 5895 | 1.45 | 1 | 3.3 | 141.7 | 2025-05-30 | 0 | 1 | 0 | 141.7 |
- 0DTE Closed Net Profits/Loss: -$575.92
Bleh.
Monday had no trades; 1dte iron fly experiment lost a bunch; no 0dte entries on EOM (end of month).
Total Profit / Loss #
- 0DTE trades = -$575.92
- Other trades = -$99.46
NET PROFIT / LOSS = -$675.38
Notes, Lessons and Thoughts #
Ugly loss to end the month.
Worst loss of the year so far.
Realized I was trading the wrong day on my 1DTE experiment. Shouldn't have been running it on Tuesday according to the backtests, but I was.
All of my strategies lost money this month though, so it wouldn't have made much of a difference.
There were quite a few days where I was extremely close to having a great day, but then the market would spike up/down in the last 10 minutes, and I would go from a great win to a terrible loss.
I am considering again to start taking profits early, but backtests always say it performs worse.
Hmmm.