November 18 Trading Results

This month the market fluctuation is quite extreme, with DJI moving 300 - 500 pts a day. My first month of Options Trading is OK with 24 trades taken for about 20 trading days. So its almost one trade per day.

My learning from this month's trade was GME, opened position was 2 strike to become ITM, I bought 2 lower strike to average out if it ever becomes exercised. The trade worked out, the lower strike option was closed out when the price raised back up as it got further away, took profit when its > 50% profit = $88.29

My Nov Trading Results: Profit of $926.21 only, less than the target $1000. 17 winning trades and Zero loosing trade with 7 trades outstanding as of today.

I have never done so many trades in a year, still taking my small step forward of becoming a Option trader.

November Closed Trades 17 Outstanding Trades 7 Counter Date Description Misc Fees Comission Amount Remarks Profit / (Loss) TUR 10/29/18 SOLD -5 TUR 100 21 DEC 18 22 PUT @.85 NYSE -0.44 -5 425 Sell Naked Put on Up Trend Max Profit $419 TUR 6/11/2018 BOT +5 TUR 100 21 DEC 18 22 PUT @.30 PHLX -0.42 -5 -150 Take Profit when P/L >50% $264.14  $    419.00 63% TUR 10/29/18 SOLD -10 TUR 100 21 DEC 18 19 PUT @.26 CBOE -0.87 -10 260 Sell Naked Put on Up Trend Max Profit $249 TUR 7/11/2018 BOT +10 TUR 100 21 DEC 18 19 PUT @.10 BATS -0.84 -10 -100 Take Profit when P/L >70% $138.29 $249 56% SLV 10/23/18 SOLD -10 SLV 100 21 DEC 18 15 CALL @.12 PHLX -0.87 -10 120 Sell Covered call Max Profit $109 SLV 8/11/2018 BOT +10 SLV 100 21 DEC 18 15 CALL @.05 BATS -0.14 -- -50 Take Profit more than 50% $58.99 $109 54% BP 2/11/2018 SOLD -2 BP 100 (Weeklys) 7 DEC 18 37 PUT @.22 CBOE -0.18 -2 44 Sell  Put at  Up trend Max Profit 41.8 BP 8/11/2018 BOT +2 BP 100 (Weeklys) 7 DEC 18 37 PUT @.12 -0.17 -2 -24 Take Profit at 50% Profit $15.65 $41.80 37% VOD 12/11/2018 SOLD -5 VOD 100 21 DEC 18 16 PUT @.20 PHLX -0.44 -5 100 Currently $18.62 downtrend 52 weeks close to low Max Profit 95 VOD 11/13/18 BOT +5 VOD 100 21 DEC 18 16 PUT @.08 -0.42 -5 -40 Take Profit  $49.14 $95 52% GE 12/11/2018 SOLD -10 GE 100 (Weeklys) 23 NOV 18 6.5 PUT @.08 MIAX -0.87 -10 80 Max Profit $70 for 11 days down trend currently $7.96 Max Profit 70 GE 11/15/18 BOT +10 GE 100 (Weeklys) 23 NOV 18 6.5 PUT @.02 ISE GEMINI -0.14 -- -20 Take Profit at 80% profit $48.99 $70 70% BAC 9/11/2018 SOLD -3 BAC 100 16 NOV 18 30 CALL @.04 CBOE -0.27 -3 12 Sell Covered call Max Profit $9 BAC 11-17-18 Expired Worthless $8.73 $9 97% BAC 10/23/18 SOLD -10 BAC 100 21 DEC 18 32 CALL @.06 -0.87 -10 60 Sell Covered call Max Profit $50 BAC 11/19/18 BOT +10 BAC 100 21 DEC 18 32 CALL @.01 CBOE -0.14 -- -10 Take Profit at 50% Profit $38.99 $50 78% BAC 11/16/18 SOLD -3 BAC 100 (Weeklys) 23 NOV 18 28.5 CALL @.12 NYSE -0.27 -3 36 Sell Covered call Max Profit $33 BAC 11/21/18 BOT +3 BAC 100 (Weeklys) 23 NOV 18 28.5 CALL @.01 -0.04 -- -3 Take Profit > 80% Profit $29.69 $33 90% BAC 11/21/18 SOLD -5 BAC 100 (Weeklys) 7 DEC 18 29 CALL @.14 NYSE -0.44 -5 70 Max Profit $65 Covered Call Max Profit $65 BAC 11/23/18 BOT +5 BAC 100 (Weeklys) 7 DEC 18 29 CALL @.06 PHLX -0.42 -5 -30 Take Profit at 50% Profit $29.14 $65 45% BAC 11/21/18 SOLD -3 BAC 100 (Weeklys) 30 NOV 18 28.5 CALL @.15 -0.27 -3 42 Max Profit $39 Covered Call Max Profit $39 BAC 11/23/18 BOT +3 BAC 100 (Weeklys) 30 NOV 18 28.5 CALL @.03 ISE GEMINI -0.04 -- -9 Take Profit at 50% Profit $29.69 $39 76% GME 11/16/2018 SOLD -10 GME 100 21 DEC 18 9 PUT @.18 NYSE -0.87 -10 180 Max Profit $170 for 35 days (avg down) Max Profit $170 GME 11/26/2018 BOT +10 GME 100 21 DEC 18 9 PUT @.07 ISE GEMINI -0.84 -10 -70 Take Profit at 50% Profit $88.29 $170 52% BX 11/26/2018 BOT +3 BX 100 21 DEC 18 29 PUT @.12 ISE GEMINI -0.25 -3 -36 Max Profit $72 BX 11/14/2018 SOLD -3 BX 100 21 DEC 18 29 PUT @.25 NASDAQ -0.27 -3 75 Take Profit at 50% Profit $32.48 $72 45% BAC 11/19/2018 SOLD -5 BAC 100 21 DEC 18 30 CALL @.15 NYSE -0.45 -5 75 Max Profit $70 BAC 11/27/2018 BOT +5 BAC 100 21 DEC 18 30 CALL @.08 AMEX -0.42 -5 -40 Take Profit at 50% Profit $24.13 $70 34% T 11/5/2018 SOLD -2 T 100 (Weeklys) 7 DEC 18 28 PUT @.15 -0.18 -2 30 Max Profit $28 T 11/27/2018 BOT +2 T 100 (Weeklys) 7 DEC 18 28 PUT @.07 CBOE -0.17 -2 -14 Take Profit at 50% Profit $11.65 $28 42% GME 11/7/2018 SOLD -5 GME 100 21 DEC 18 12 PUT @.33 -0.45 -5 165 Max Profit $160 GME 11/27/2018 BOT +5 GME 100 21 DEC 18 12 PUT @.28 PHLX -0.42 -5 -140 Take at 15% Profit due to earning in 3 days time $14.13 $160 9% TUR 11/8/2018 SOLD -5 TUR 100 21 DEC 18 20 PUT @.15 AMEX -0.44 -5 75 Max Profit $70 TUR 11/29/2018 BOT +5 TUR 100 21 DEC 18 20 PUT @.05 NYSE -0.07 -- -25 $44.49 $70 64% Number of Winning Trades 17 Number of Losing Trades 0 Average Profit per Trades $54.51 -13.39 -148 1088 Winning or (losses) $926.61 1749.8