Another terrible week - Weekly summary (Dec 8 - Dec 12)
I've been forgetting to do weekly reviews recently.
I can tell you it hasn't been going that well though.
This past week has been the worst in a while.
Over $1k loss. Bleehhhhh.
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 | Covered Call | 2025-12-08 | 2025-12-12 | 53 | 0 | 0.39 | 1 | 0.67 | 38.33 |
| IBIT | Covered Call | 2025-12-09 | 2025-12-19 | 53.5 | 0 | 1.81 | 1 | 0.67 | 180.33 |
| IWM | BPS (IC) | 2025-12-10 | 2025-01-23 | 225 | 220 | 0.3 | 1 | 1.33 | 28.67 |
| IWM | BCS (IC) | 2025-12-10 | 2025-01-23 | 275 | 280 | 0.31 | 1 | 1.33 | 29.67 |
| SPY | BPS | 2025-12-11 | 2026-01-23 | 650 | 640 | 0.95 | 1 | 1.33 | 93.67 |
| VIX | Long Call | 2025-12-11 | 2026-03-17 | 0 | 65 | -0.55 | 1 | 1.27 | -56.27 |
| SPY | BWB – Bull Put | 2025-12-12 | 2025-01-02 | 673 | 667 | -0.770000000000001 | 1 | 0.975 | -77.975 |
| SPY | BWB – Bear Put | 2025-12-12 | 2025-01-02 | 673 | 676 | 1.15 | 1 | 0.975 | 114.025 |
| PFE | Long Call | 2025-12-12 | 2027-01-15 | 0 | 42 | -0.21 | 1 | 0.95 | -21.95 |
Got assigned IBIT a few weeks ago at $50. Been selling covered calls on it since.
This week, I sold one on Monday, then rolled it out the next day for more premium. Not sure what final price to target yet. Should probably have a price in mind.
Also adapted my weekly SPY strategy to roll it out every week instead of opening a new position every week. Seems smarter for some reason.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| V | BPS | 2025-11-13 | 2026-02-20 | 300 | 290 | 1.3 | 1 | 1.39 | 128.61 | 2025-12-12 | -0.5 | 1 | 1.33 | 77.28 |
- Closed Net Profits/Loss: $77.28
Visa got upgraded by some analyst, so it popped and I got a nice little win.
Nothing else haha.
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) | 2025-12-05 | 2025-12-08 | 6900 | 6890 | 4.5 | 1 | 3.21 | 446.79 | 2025-12-08 | -10 | 1 | 0 | -553.21 |
| SPX | BCS (IC) | 2025-12-05 | 2025-12-08 | 6900 | 6905 | 2.4 | 1 | 3.21 | 236.79 | 2025-12-08 | 0 | 1 | 0 | 236.79 |
| SPX | BPS | 2025-12-08 | 2025-12-08 | 6865 | 6925 | 1.05 | 1 | 3.12 | 101.88 | 2025-12-08 | -2.15 | 1 | 3.32 | -116.44 |
| SPX | BPS | 2025-12-08 | 2025-12-08 | 6825 | 6765 | 1.1 | 1 | 3.12 | 106.88 | 2025-12-08 | -2.2 | 1 | 3.32 | -116.44 |
| SPX | BPS | 2025-12-09 | 2025-12-09 | 6815 | 6745 | 0.95 | 1 | 3.12 | 91.88 | 2025-12-09 | 0 | 1 | 0 | 91.88 |
| SPX | BPS | 2025-12-09 | 2025-12-09 | 6850 | 6745 | 0.95 | 1 | 3.12 | 91.88 | 2025-12-09 | -5 | 1 | 0 | -408.12 |
| SPX | BPS (IC) | 2025-12-09 | 2025-12-09 | 6850 | 6845 | 0.81 | 1 | 3.33 | 77.67 | 2025-12-09 | -5 | 1 | 0 | -422.33 |
| SPX | BCS (IC) | 2025-12-09 | 2025-12-09 | 6880 | 6885 | 0.59 | 1 | 3.42 | 55.58 | 2025-12-09 | 0 | 1 | 0 | 55.58 |
| SPX | BPS | 2025-12-09 | 2025-12-09 | 6835 | 6765 | 0.95 | 1 | 3.12 | 91.88 | 2025-12-09 | -2 | 1 | 3.32 | -111.44 |
| SPX | BPS (IC) | 2025-12-10 | 2025-12-11 | 6850 | 6840 | 4.7 | 1 | 3.21 | 466.79 | 2025-12-11 | 0 | 1 | 0 | 466.79 |
| SPX | BCS (IC) | 2025-12-10 | 2025-12-11 | 6850 | 6855 | 2.4 | 1 | 3.21 | 236.79 | 2025-12-11 | -5 | 1 | 0 | -263.21 |
| SPX | BPS (IF) | 2025-12-11 | 2025-12-11 | 6850 | 6845 | 1.14 | 1 | 3.42 | 110.58 | 2025-12-11 | 0 | 1 | 0 | 110.58 |
| SPX | BCS (IF) | 2025-12-11 | 2025-12-11 | 6850 | 6855 | 3.56 | 1 | 3.42 | 352.58 | 2025-12-11 | -5 | 1 | 0 | -147.42 |
| SPX | BPS | 2025-12-11 | 2025-12-11 | 6830 | 6765 | 0.95 | 1 | 3.12 | 91.88 | 2025-12-11 | -1.95 | 1 | 3.32 | -106.44 |
| SPX | BCS | 2025-12-11 | 2025-12-11 | 6895 | 6900 | 1.05 | 1 | 3.41 | 101.59 | 2025-12-11 | -5 | 1 | 0 | -398.41 |
| SPX | BPS | 2025-12-11 | 2025-12-11 | 6875 | 6810 | 1.15 | 1 | 3.12 | 111.88 | 2025-12-11 | 0 | 1 | 0 | 111.88 |
| SPX | BCS | 2025-12-12 | 2025-12-12 | 6930 | 7005 | 1.1 | 1 | 3.12 | 106.88 | 2025-12-12 | 0 | 1 | 0 | 106.88 |
| SPX | BPS (IF) | 2025-12-12 | 2025-12-12 | 6900 | 6895 | 2.86 | 1 | 3.42 | 282.58 | 2025-12-11 | -5 | 1 | 0 | -217.42 |
| SPX | BCS (IF) | 2025-12-12 | 2025-12-12 | 6900 | 6905 | 1.74 | 1 | 3.42 | 170.58 | 2025-12-11 | 0 | 1 | 0 | 170.58 |
| SPX | BPS | 2025-12-12 | 2025-12-12 | 6840 | 6835 | 1.8 | 1 | 3.41 | 176.59 | 2025-12-12 | -1.2 | 1 | 3.21 | 53.38 |
| SPX | BPS (IF) | 2025-12-12 | 2025-12-12 | 6850 | 6845 | 1.7 | 1 | 3.22 | 166.78 | 2025-12-11 | -5 | 1 | 0 | -333.22 |
| SPX | BCS (IF) | 2025-12-12 | 2025-12-12 | 6850 | 6855 | 3 | 1 | 3.22 | 296.78 | 2025-12-11 | 0 | 1 | 0 | 296.78 |
| SPX | BPS (IF) | 2025-12-12 | 2025-12-12 | 6800 | 6795 | 1.65 | 1 | 3.22 | 161.78 | 2025-12-11 | 0 | 1 | 0 | 161.78 |
| SPX | BCS (IF) | 2025-12-12 | 2025-12-12 | 6800 | 6805 | 3.1 | 1 | 3.22 | 306.78 | 2025-12-11 | -5 | 1 | 0 | -193.22 |
| SPX | BCS | 2025-12-12 | 2025-12-12 | 6880 | 6950 | 1 | 1 | 3.32 | 96.68 | 2025-12-12 | 0 | 1 | 0 | 96.68 |
| SPX | BCS | 2025-12-12 | 2025-12-12 | 6840 | 6885 | 1.2 | 1 | 3.32 | 116.68 | 2025-12-12 | -2.5 | 1 | 3.12 | -136.44 |
| SPX | BPS (IC) | 2025-12-12 | 2025-12-12 | 6820 | 6815 | 0.93 | 1 | 3.13 | 89.87 | 2025-12-12 | 0 | 1 | 0 | 89.87 |
| SPX | BCS (IC) | 2025-12-12 | 2025-12-12 | 6840 | 6845 | 0.77 | 1 | 3.22 | 73.78 | 2025-12-12 | 0 | 1 | 0 | 73.78 |
| SPX | BCS | 2025-12-12 | 2025-12-12 | 6830 | 6835 | 1.25 | 1 | 3.21 | 121.79 | 2025-12-12 | 0 | 1 | 0 | 121.79 |
- 0DTE/1DTE Closed Net Profits/Loss: -$1278.74
Yikes.
Terrible start to the week (-$1343 by Tuesday), and just couldn't recover.
Sucks.
Total Profit / Loss #
| 0DTE / 1DTE trades | -$1278.74 |
| Other trades | $77.28 |
| NET PROFIT / LOSS | -$1201.46 |
Notes, Lessons and Thoughts #
It's been a rough past couple months.
Ever since that nasty slippage day back in October, can't seem to catch a break.
Been tweaking stuff and making random trades trying to claw some profits out, but nothing working. It's probably all in my head though, and would be better off sticking to the plan.
GEX trades #
I started making a whole bunch of trades based on GEX this past week (and lost around $100).
I don't fully understand it, but feel like I need to make trades to get a better grasp of how the price moves with GEX.
I think I will risk 1-2% per week experimenting with these trades.