Very good week - Weekly summary (Aug 4 - August 8)
Another solid week.
Is that four profitable weeks in a row?
Getting a bit uncomfortable with all the winning recently. Anticipating a fat loss coming up sometime.
Guess I should enjoy it while it lasts...
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 |
|---|---|---|---|---|---|---|---|---|---|
| IWM | BPS (IC) | 2025-08-06 | 2025-09-19 | 195 | 190 | 0.31 | 1 | 1.4 | 29.6 |
| IWM | BCS (IC) | 2025-08-06 | 2025-09-19 | 242 | 247 | 0.33 | 1 | 1.4 | 31.6 |
| BITO | Dividend | 2025-08-08 | - | 0 | 0 | 1.2 | 1 | 0.34 | 119.66 |
| SPY | BWB – Bull Put | 2025-08-08 | 2025-08-29 | 625 | 619 | 1.01 | 1 | 2.735 | 98.265 |
| SPY | BWB – Bear Put | 2025-08-08 | 2025-08-29 | 625 | 628 | -0.65 | 1 | 2.735 | -67.735 |
Not much non-0DTE trades last week. Cutting back on the Option Alpha Trade Ideas, as it's been eating tons of losses recently.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COST | BPS | 2025-05-21 | 2025-08-15 | 915 | 905 | 1.25 | 1 | 1.42 | 123.58 | 2025-08-06 | -0.55 | 1 | 1.41 | 67.17 |
| SPY | BCS | 2025-06-26 | 2025-08-08 | 617.5 | 619 | 0.76 | 1 | 1.42 | 74.58 | 2025-08-08 | -1.5 | 1 | 0 | -75.42 |
| QQQ | BCS | 2025-06-30 | 2025-08-08 | 554 | 555 | 0.53 | 1 | 2.12 | 50.88 | 2025-08-08 | -1 | 1 | 0 | -49.12 |
| T | Short Put | 2025-07-10 | 2025-07-18 | 27 | 0 | 0.11 | 1 | 1.06 | 9.94 | 2025-08-08 | -27 | 1 | 0 | -2690.06 |
| IWM | BPS (IC) | 2025-07-17 | 2025-08-29 | 200 | 195 | 0.32 | 1 | 1.41 | 30.59 | 2025-08-08 | -0.18 | 1 | 1.4 | 11.19 |
| IWM | BCS (IC) | 2025-07-17 | 2025-08-29 | 245 | 250 | 0.35 | 1 | 1.41 | 33.59 | 2025-08-08 | -0.07 | 1 | 1.4 | 25.19 |
| T | Covered Call | 2025-07-21 | 2025-07-25 | 28 | 0 | 0.31 | 1 | 1.46 | 29.54 | 2025-08-08 | 0 | 1 | 0 | 29.54 |
| SPY | Put Calendar (short) | 2025-07-30 | 2025-08-08 | 623 | 0 | 2.63 | 1 | 0.7 | 262.3 | 2025-08-06 | -0.52 | 1 | 1.54 | 208.76 |
| SPY | Put Calendar (long) | 2025-07-30 | 2025-08-11 | 0 | 623 | -2.93 | 1 | 0.71 | -293.71 | 2025-08-06 | 0.92 | 1 | 1.54 | -203.25 |
| SPY | Call Calendar (Short leg) | 2025-07-30 | 2025-08-08 | 645 | 0 | 0.9 | 1 | 0.7 | 89.3 | 2025-08-06 | -0.04 | 1 | 1.54 | 83.76 |
| SPY | Call Calendar (Long leg) | 2025-07-30 | 2025-08-11 | 0 | 645 | -1.12 | 1 | 0.71 | -112.71 | 2025-08-06 | 0.09 | 1 | 1.54 | -105.25 |
| T | Covered Call | 2025-08-01 | 2025-08-08 | 28 | 0 | 0.24 | 1 | 1.05 | 22.95 | 2025-08-08 | 28 | 1 | 0 | 2822.95 |
| SPY | BWB – Bull Put | 2025-08-01 | 2025-08-22 | 609 | 601 | 1.37 | 1 | 1.4 | 135.6 | 2025-08-07 | -0.42 | 1 | 1.95 | 91.6500000000001 |
| SPY | BWB – Bear Put | 2025-08-01 | 2025-08-22 | 609 | 613 | -0.89 | 1 | 0.71 | -89.71 | 2025-08-07 | 0.28 | 1 | 1.95 | -63.66 |
- Closed Net Profits/Loss: $153.45
Solid win on T short put trade.
Got assigned 100 shares at $27, sold a couple covered calls on it at $28, and it got assigned at end of the week. Made around $160 overall, but it took about one month.
Got a bit lucky, as it had a good earnings release during that time.
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) | 2025-08-01 | 2025-08-04 | 6260 | 6250 | 4.3 | 1 | 3.29 | 426.71 | 2025-08-04 | 0 | 1 | 0 | 426.71 |
| SPX | BCS (IF) | 2025-08-01 | 2025-08-04 | 6260 | 6265 | 2.65 | 1 | 3.29 | 261.71 | 2025-08-04 | -5 | 1 | 0 | -238.29 |
| SPX | BPS | 2025-08-04 | 2025-08-04 | 6260 | 6185 | 0.9 | 1 | 3.2 | 86.8 | 2025-08-04 | 0 | 1 | 0 | 86.8 |
| SPX | BPS | 2025-08-04 | 2025-08-04 | 6280 | 6210 | 1.1 | 1 | 3.2 | 106.8 | 2025-08-04 | 0 | 1 | 0 | 106.8 |
| SPX | BPS | 2025-08-04 | 2025-08-04 | 6295 | 6225 | 0.95 | 1 | 3.2 | 91.8 | 2025-08-04 | 0 | 1 | 0 | 91.8 |
| SPX | BPS (IC) | 2025-08-04 | 2025-08-04 | 6310 | 6305 | 0.77 | 1 | 3.28 | 73.72 | 2025-08-04 | 0 | 1 | 0 | 73.72 |
| SPX | BCS (IC) | 2025-08-04 | 2025-08-04 | 6325 | 6330 | 1.28 | 1 | 3.28 | 124.72 | 2025-08-04 | -4.94 | 1 | 0 | -369.28 |
| SPX | BCS | 2025-08-05 | 2025-08-05 | 6335 | 6395 | 0.9 | 1 | 3.2 | 86.8 | 2025-08-05 | 0 | 1 | 0 | 86.8 |
| SPX | BCS | 2025-08-05 | 2025-08-05 | 6325 | 6330 | 0.6 | 1 | 3.49 | 56.51 | 2025-08-05 | 0 | 1 | 0 | 56.51 |
| SPX | BPS (IC) | 2025-08-05 | 2025-08-05 | 6275 | 6270 | 0.72 | 1 | 3.28 | 68.72 | 2025-08-05 | 0 | 1 | 0 | 68.72 |
| SPX | BCS (IC) | 2025-08-05 | 2025-08-05 | 6325 | 6330 | 0.58 | 1 | 3.28 | 54.72 | 2025-08-05 | 0 | 1 | 0 | 54.72 |
| SPX | BCS | 2025-08-05 | 2025-08-05 | 6325 | 6365 | 1.2 | 1 | 3.2 | 116.8 | 2025-08-05 | -2.9 | 1 | 3.4 | -176.6 |
| SPX | BPS | 2025-08-05 | 2025-08-05 | 6305 | 6255 | 1.2 | 1 | 3.2 | 116.8 | 2025-08-05 | -2.45 | 1 | 3.4 | -131.6 |
| SPX | BPS | 2025-08-06 | 2025-08-06 | 6310 | 6240 | 1 | 1 | 3.2 | 96.8 | 2025-08-06 | 0 | 1 | 0 | 96.8 |
| SPX | BPS | 2025-08-06 | 2025-08-06 | 6335 | 6295 | 1.2 | 1 | 3.2 | 116.8 | 2025-08-06 | 0 | 1 | 0 | 116.8 |
| SPX | BPS | 2025-08-06 | 2025-08-06 | 6340 | 6290 | 1.15 | 1 | 3.2 | 111.8 | 2025-08-06 | 0 | 1 | 0 | 111.8 |
| SPX | BPS (IC) | 2025-08-06 | 2025-08-07 | 6330 | 6325 | 1.08 | 1 | 3.28 | 104.72 | 2025-08-07 | 0 | 1 | 0 | 104.72 |
| SPX | BCS (IC) | 2025-08-06 | 2025-08-07 | 6365 | 6370 | 1.77 | 1 | 3.28 | 173.72 | 2025-08-07 | 0 | 1 | 0 | 173.72 |
| SPX | BCS | 2025-08-07 | 2025-08-07 | 6365 | 6405 | 1.2 | 1 | 3.2 | 116.8 | 2025-08-07 | 0 | 1 | 0 | 116.8 |
| SPX | BPS | 2025-08-07 | 2025-08-07 | 6300 | 6240 | 1 | 1 | 3.2 | 96.8 | 2025-08-07 | -2.05 | 1 | 3.4 | -111.6 |
| SPX | BPS | 2025-08-08 | 2025-08-08 | 6340 | 6265 | 0.85 | 1 | 3.2 | 81.8 | 2025-08-08 | 0 | 1 | 0 | 81.8 |
| SPX | BPS | 2025-08-08 | 2025-08-08 | 6375 | 6305 | 1.1 | 1 | 3.2 | 106.8 | 2025-08-08 | 0 | 1 | 0 | 106.8 |
| SPX | BPS | 2025-08-08 | 2025-08-08 | 6385 | 6345 | 1.2 | 1 | 3.2 | 116.8 | 2025-08-08 | -2.45 | 1 | 3.19 | -131.39 |
| SPX | BPS (IC) | 2025-08-08 | 2025-08-08 | 6380 | 6375 | 0.61 | 1 | 3.39 | 57.61 | 2025-08-08 | 0 | 1 | 0 | 57.61 |
| SPX | BCS (IC) | 2025-08-08 | 2025-08-08 | 6395 | 6400 | 0.89 | 1 | 3.39 | 85.61 | 2025-08-08 | 0 | 1 | 0 | 85.61 |
| SPX | BPS | 2025-08-08 | 2025-08-08 | 6385 | 6380 | 0.45 | 1 | 3.11 | 41.89 | 2025-08-08 | 0 | 1 | 0 | 41.89 |
- 0DTE/1DTE Closed Net Profits/Loss: $988.17
Excellent week for 0dte/1dte trades. Similar to last week, about half the wins were from 1dte, and half were from 0dte.
1dte has been on a big winning streak recently, and is my best performing strategy this year.
I'm expecting it to come back to earth soon though.
Total Profit / Loss #
- 0DTE/1DTE trades = $988.17
- Other trades = $153.45
NET PROFIT / LOSS = $1141.62
Notes, Lessons and Thoughts #
Good way to start the month.
Market has rebounded back to near all-time highs again. It's a bit crazy that it keeps going up and up and up.
I keep expecting some correction to happen, but maybe it never will?
I'm also on a big winning streak, which I am also expecting to end...but maybe it never will?
Yeah, right.