The chaos begins - Weekly summary (Oct 6 - Oct 10)
It was a solid week.
Only traded three days, because skipped FOMC minutes and something else, I forget. Maybe should've just traded those days.
Would've been even better week if I didn't trade Friday.
More crazy Trump tariff BS news came out and the market started to tank.
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 |
|---|---|---|---|---|---|---|---|---|---|
| BITO | Dividend | 2025-10-08 | - | 0 | 0 | 0.75 | 1 | 0.23 | 74.77 |
| BITO | Dividend | 2025-09-08 | - | 0 | 0 | 0.86 | 1 | 0.23 | 85.77 |
| T | Diagonal Spread (Short Leg) | 2025-10-09 | 2025-11-07 | 26 | 0 | 0.9 | 1 | 1.25 | 88.75 |
| T | Diagonal Spread (Long Leg) | 2025-10-09 | 2025-11-21 | 0 | 25 | -0.42 | 1 | 1.25 | -43.25 |
| SPY | BPS (IC) | 2025-10-10 | 2025-11-21 | 650 | 648 | 0.5 | 1 | 1.4 | 48.6 |
| SPY | BPS (IC) | 2025-10-10 | 2025-11-21 | 678 | 680 | 0.78 | 1 | 1.4 | 76.6 |
| QQQ | BPS (IC) | 2025-10-10 | 2025-11-21 | 586 | 584 | 0.58 | 1 | 1.4 | 56.6 |
| QQQ | BPS (IC) | 2025-10-10 | 2025-11-21 | 620 | 622 | 0.65 | 1 | 1.4 | 63.5999999999999 |
| SPY | BWB – Bull Put | 2025-10-10 | 2025-10-17 | 642 | 634 | 1.39 | 1 | 1.4 | 137.6 |
| SPY | BWB – Bear Put | 2025-10-10 | 2025-10-17 | 642 | 646 | -0.88 | 1 | 1.4 | -89.4 |
Forgot to record an earlier dividend from BITO, so I put it in. BITO has been one of my worst decisions of the past year or so. If I had put the money into bitcoin ETF IBIT instead, I would have made a shitload of money.
Also made a weird diagonal spread on T. Can't remember my exact reasoning for it. I think I was going to sell a naked put, then decided I didn't want to take on the risk.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IWM | BPS (IC) | 2025-08-20 | 2025-10-17 | 196 | 191 | 0.32 | 1 | 1.4 | 30.6 | 2025-10-08 | -0.02 | 1 | 2.1 | 26.5 |
| IWM | BCS (IC) | 2025-08-20 | 2025-10-17 | 250 | 255 | 0.33 | 1 | 1.4 | 31.6 | 2025-10-08 | -1.12 | 1 | 2.1 | -82.5 |
| MSFT | BPS | 2025-08-22 | 2025-11-21 | 455 | 445 | 1.15 | 1 | 2.11 | 112.89 | 2025-10-06 | -0.5 | 1 | 1.39 | 61.5 |
| SPY | BWB – Bull Put | 2025-09-26 | 2025-10-17 | 650 | 644 | 1.03 | 1 | 2.735 | 100.265 | 2025-10-06 | -0.31 | 1 | 1.745 | 67.52 |
| SPY | BWB – Bear Put | 2025-09-26 | 2025-10-17 | 650 | 653 | -0.67 | 1 | 2.735 | -69.735 | 2025-10-06 | 0.21 | 1 | 1.745 | -50.48 |
- Closed Net Profits/Loss: $22.54
Took first loss on IWM weekly/monthly iron condor. I thought my strategy was to close with 10DTE, but it was actually 7DTE. So I took an unnecessary loss.
Would've ended up being a win since the market tanked on Friday. Sigh.
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 (IC) | 2025-10-03 | 2025-10-06 | 6745 | 6735 | 4.2 | 1 | 3.48 | 416.52 | 2025-10-06 | -4.72 | 1 | 0 | -55.48 |
| SPX | BCS (IC) | 2025-10-03 | 2025-10-06 | 6745 | 6750 | 2.45 | 1 | 3.28 | 241.72 | 2025-10-06 | 0 | 1 | 0 | 241.72 |
| SPX | BPS (IC) | 2025-10-06 | 2025-10-06 | 6715 | 6710 | 0.95 | 1 | 3.28 | 91.72 | 2025-10-06 | 0 | 1 | 0 | 91.72 |
| SPX | BCS (IC) | 2025-10-06 | 2025-10-06 | 6745 | 6750 | 1.25 | 1 | 3.28 | 121.72 | 2025-10-06 | 0 | 1 | 0 | 121.72 |
| SPX | BPS | 2025-10-06 | 2025-10-06 | 6685 | 6615 | 1 | 1 | 3.39 | 96.61 | 2025-10-06 | 0 | 1 | 0 | 96.61 |
| SPX | BPS | 2025-10-06 | 2025-10-06 | 6705 | 6630 | 1.05 | 1 | 3.19 | 101.81 | 2025-10-06 | 0 | 1 | 0 | 101.81 |
| SPX | BPS | 2025-10-06 | 2025-10-06 | 6730 | 6725 | 0.9 | 1 | 3.28 | 86.72 | 2025-10-06 | 0 | 1 | 0 | 86.72 |
| SPX | BPS | 2025-10-06 | 2025-10-06 | 6720 | 6650 | 0.9 | 1 | 3.19 | 86.81 | 2025-10-06 | 0 | 1 | 0 | 86.81 |
| SPX | BCS | 2025-10-07 | 2025-10-07 | 6755 | 6760 | 0.65 | 1 | 3.19 | 61.81 | 2025-10-07 | 0 | 1 | 0 | 61.81 |
| SPX | BCS | 2025-10-07 | 2025-10-07 | 6755 | 6810 | 1.1 | 1 | 3.19 | 106.81 | 2025-10-07 | 0 | 1 | 0 | 106.81 |
| SPX | BPS (IC) | 2025-10-07 | 2025-10-07 | 6700 | 6695 | 0.7 | 1 | 3.28 | 66.72 | 2025-10-07 | 0 | 1 | 0 | 66.72 |
| SPX | BCS (IC) | 2025-10-07 | 2025-10-07 | 6740 | 6745 | 0.85 | 1 | 3.28 | 81.72 | 2025-10-07 | 0 | 1 | 0 | 81.72 |
| SPX | BCS | 2025-10-07 | 2025-10-07 | 6740 | 6815 | 1 | 1 | 3.19 | 96.81 | 2025-10-07 | 0 | 1 | 0 | 96.81 |
| SPX | BPS | 2025-10-07 | 2025-10-07 | 6700 | 6695 | 1.15 | 1 | 3.28 | 111.72 | 2025-10-07 | 0 | 1 | 0 | 111.72 |
| SPX | BPS | 2025-10-10 | 2025-10-10 | 6705 | 6630 | 1.1 | 1 | 3.39 | 106.61 | 2025-10-10 | -3.4 | 1 | 3.48 | -236.87 |
| SPX | BCS | 2025-10-10 | 2025-10-10 | 6710 | 6775 | 1.05 | 1 | 3.19 | 101.81 | 2025-10-10 | 0 | 1 | 0 | 101.81 |
| SPX | BPS | 2025-10-10 | 2025-10-10 | 6575 | 6570 | 0.65 | 1 | 3.28 | 61.72 | 2025-10-10 | -0.25 | 1 | 3.28 | 33.44 |
| SPX | BPS | 2025-10-10 | 2025-10-10 | 6580 | 6505 | 1 | 1 | 3.19 | 96.81 | 2025-10-10 | -2.1 | 1 | 3.39 | -116.58 |
| SPX | BCS | 2025-10-10 | 2025-10-10 | 6640 | 6695 | 1.15 | 1 | 3.19 | 111.81 | 2025-10-10 | 0 | 1 | 0 | 111.81 |
| SPX | BPS (IC) | 2025-10-10 | 2025-10-10 | 6570 | 6565 | 0.77 | 1 | 3.28 | 73.72 | 2025-10-10 | -5 | 1 | 0 | -426.28 |
| SPX | BCS (IC) | 2025-10-10 | 2025-10-10 | 6605 | 6610 | 0.98 | 1 | 3.28 | 94.72 | 2025-10-10 | 0 | 1 | 0 | 94.72 |
| SPX | BCS | 2025-10-10 | 2025-10-10 | 6595 | 6600 | 1.15 | 1 | 3.28 | 111.72 | 2025-10-10 | 0 | 1 | 0 | 111.72 |
- 0DTE/1DTE Closed Net Profits/Loss: $970.99
Was up over $1000 after two days of trading. Should've just stopped there. But, I just had to trade Friday.
Just couldn't resist. Ended up eating a $300 loss on Friday.
Still was a good week.
Total Profit / Loss #
- 0DTE/1DTE trades = $970.99
- Other trades = $22.54
NET PROFIT / LOSS = $993.53
Notes, Lessons and Thoughts #
Second very good week in a row.
I told myself multiple times if I was up $1000+ profit on a week, I would just stop trading the rest of the week.
But, I never listen to myself.
Greed always takes over. "What if I made another $500? $1000? Maybe I could be up $2k on the week!"
Of course, it never works out that way, and I regret it.
Next time, I will listen to myself. Probably not, but maybe.
My 1DTE ironfly strategy has been eating losses recently.
Volatility returned to the market on Friday (thanks to Trump), and so maybe time to turn off the strategy soon. It has been my best performing strategy on the year so far.