Mar 19 Trading Results

MAR
Counter	Date	Description	Misc Fees	Comission	Amount	Balancce	Remarks	Profit / (Loss)
BA	03-11-19	SOLD -1 BA 100 15 MAR 19 275 PUT @.16	-0.1	-1	16	90,225.54
BA	03-11-19	BOT +1 BA 100 15 MAR 19 275 PUT @.04	-0.02	--	-4	90,221.52	Took profit when profit was more than 50% in a few hours	$10.88
TUP	2/21/19	SOLD -1 TUP 100 18 APR 19 35 CALL @.37 EDGX	-0.1	-1	37	89,866.93
TUP	03-12-19	BOT +1 TUP 100 18 APR 19 35 CALL @.10 BATS	-0.09	-1	-10	90,249.33	Took Profit when profit it was more than 50%	$24.81
ARCC	2/13/19	SOLD -6 ARCC 100 15 MAR 19 16 PUT @.10 BATS	-0.54	-6	60	87,333.55
ARCC	3/16/19	REMOVAL OF OPTION DUE TO EXPIRATION 6.0 ARCC 100 15 MAR 19 16 PUT	--	--	--	90,293.26	Took Max Profit..most of the trading days only had 50% profit	$53.46
KHC	2/28/19	SOLD -3 KHC 100 18 APR 19 30 PUT @.45 AMEX	-0.28	-3	135	90,174.31
KHC	3/19/19	BOT +3 KHC 100 18 APR 19 30 PUT @.15 BATS	-0.26	-3	-45	90,314.81	Took Profit at >50% of Max Profit	$83.46
KHC	2/28/19	SOLD -4 KHC 100 18 APR 19 27.5 PUT @.10 PHLX	-0.37	-4	40	90,209.94
KHC	3/19/19	BOT +1 KHC 100 18 APR 19 27.5 PUT @.05 PHLX	-0.08	--	-20	90,309.79	Took Profit at >50% of Max Profit	$15.55
							Number of Winning Trades	5
							Number of Losing Trades	0
							Average Profit per Trades	$37.63
							Winning or (losses)	$188.16

This month, I didn't have much time to follow the market to trade, I was following up with my work and by the time I am home, hardly have any energy to trade. This is an excuse, but I should work harder the next month to look for at least one trade per day to prove the strategy if it really works before my Option class in July.

Failure is not an Option, the Option is all here, it is whether I take it or not. I must find my way to earn my monthly retirement expenses.

Feb 19 Trading Results

This month, scrapped for a profit. This month is tough to trade. Volatility is low.

Lesson Learnt TUP

On 25 Jan 19, TUP was trading with High Volatility than normal, Stock Price was at $38 and yield was about 7.2%, therefore sold two naked put at $30 strike  that will expire in <20 days (15 feb). On earning announcement (30 Jan), the price of the stock dropped by $11 which is about 25% of its price to $26.74. The naked Option went ITM. (30 Jan)Took the opportunity to sell one naked put at strike of $25 to average down my price. Stock price continue to slide to $26.2. however the price-slide slowed down dramatically. On 4 Feb, with price recovered to $27.53, I close out the naked put of $25 strike with a $15.82 profit  (do not know if this is a bear trap). Sold a call of $30 strike on a later month (MAR), believing that the $30 put option. will be exercised in 10days time and it will work like a covered call to have a profit of $78 in 38 days. On 12 Feb 18, 3 days before the put expire, sold another call at $30 strike, the amount of "covered calls" will equate to the 200 stocks bought and 2 Options that will be exercised at the end of the week. ( 4 covered call option). One day before the Option goes into expiry, the Stock recovered to $28.33, Not knowing if the recovery in price will continue, buy back the 2 options for a lost of $135. On the day of expiry, with stock moving to $29.702, I bought 300 shares of TUP. This will enable me to hold 100 shares of TUP if my covered call is exercised. There is a lot of learning for this month : For the last 3 recoveries, if I have taken the stock and not make so many corrections before it expires, I would have fared better; bottom-line is that I should have money to trade and not over trade.

FEB	Results						Closd Trades	10
							Outstanding Trades	6
Counter	Date	Description	Misc Fees	Comission	Amount	Balancce	Remarks	Profit / (Loss)
TUP	1/30/19	SOLD -1 TUP 100 15 FEB 19 25 PUT @.43 EDGX	-0.09	-1	43	92,813.81	Average down due to stock price drop more than 25% after earnings announcement	Max Profit $43
TUP	02-04-19	BOT +1 TUP 100 15 FEB 19 25 PUT @.25 BATS	-0.09	-1	-25	92,866.37	Took Profit due stock price reached 26.2 before reverse.	$15.82
CTL	02-04-19	SOLD -7 CTL 100 (Weeklys) 22 MAR 19 11.5 PUT @.16 PHLX	-0.63	-7	112	92,970.74		Max Profit $229
CTL	02-04-19	SOLD -7 CTL 100 (Weeklys) 22 MAR 19 11.5 PUT @.19 NASDAQ	-0.63	-7	133	87,590.76
CTL	02-06-19	BOT +5 CTL 100 (Weeklys) 22 MAR 19 11.5 PUT @.20 BOX	-0.43	-5	-100	87,485.34	Analyst wrote of high debts and Dividend not sustainable
CTL	02-06-19	BOT +5 CTL 100 (Weeklys) 22 MAR 19 11.5 PUT @.20 BOX	-0.43	-5	-100	87,379.91	Analyst wrote of high debts and Dividend not sustainable
CTL	02-06-19	BOT +4 CTL 100 (Weeklys) 22 MAR 19 11.5 PUT @.20 BOX	-0.35	-4	-80	87,295.56	Analyst wrote of high debts and Dividend not sustainable	-$65.47
CTL	1/26/19	SOLD -7 CTL 100 15 FEB 19 11.5 PUT @.07 NASDAQ	-0.61	-7	49	92,771.89		Max Profit $42
CTL	02-06-19	BOT +7 CTL 100 15 FEB 19 11.5 PUT @.05 CBOE	-0.12	--	-35	87,260.44	Took Profit rather than a loss due to the Bad News	$6.27
TUP	1/25/19	SOLD -2 TUP 100 15 FEB 19 30 PUT @.15 BOX	-0.18	-2	30	92,730.49
TUP	2/15/19	BOT +2 TUP 100 15 FEB 19 30 PUT @.80 NYSE	-0.17	-2	-160	87,229.23		-134.35
CTL	2/13/19	SOLD -4 CTL 100 15 FEB 19 10.5 PUT @.06 PHLX	-0.37	-4	24	87,280.09
CTL	2/16/19	REM OF OPTION DUE TO EXPIRATION 4.0 CTL 100 15 FEB 19 10.5 PUT	--	--	--	78,313.28		19.63
TUR	1/19/19	SOLD -4 TUR 100 15 FEB 19 24 PUT @.15 NYSE	-0.36	-4	60	92,697.74
TUR	2/16/19	REM OF OPTION DUE TO EXPIRATION 4.0 TUR 100 15 FEB 19 24 PUT	--	--	--	78,313.28		55.64
SLV	1/22/19	SOLD -1 SLV 100 15 FEB 19 15 CALL @.06 PHLX	-0.09	-1	6	92,702.66
SLV	2/16/19	REM OF OPTION DUE TO EXPIRATION 1.0 SLV 100 15 FEB 19 15 CALL	--	--	--	78,313.28		4.91
TUP		BOT 400 TUP @28.85	-0.70	-10.00	-11,540.00
TUP	02-04-19	SOLD -2 TUP 100 15 MAR 19 30 CALL @.40 ISE GEMINI	-0.18	-2	80	92,892.46
TUP	2/13/19	SOLD -2 TUP 100 15 MAR 19 30 CALL @.30 BATS	-0.18	-2	60	87,391.37
TUP	2/19/19	BOT +4 TUP 100 15 MAR 19 30 CALL @1.25 PHLX	-0.35	-4	-500	77,808.93	Sold Option at a loss when it reached the covered call strike with 4 weeks to go.
TUP	2/19/19	SOLD -200 TUP @30.33	-0.45	-5	6,066.00	83,869.48	Reduce Exposure to Tup after Option was sold
TUP	2/19/19	SOLD -200 TUP @30.33	-0.1	--	6,066.00	89,935.38	Reduce Exposure to Tup after Option was sold	$207.04
XEL	2/20/19	BOT +4 XEL 100 15 MAR 19 55 CALL @.25 PHLX	-0.35	-4	-100	89,831.03	MANOJ Recommended Speculative Trade "Buy 4D"
XEL	2/22/19	SOLD -2 XEL 100 15 MAR 19 55 CALL @.60	-0.18	-2	120	89,984.75	Broke even, sold half to confirm no loss	$13.47
XEL	2/27/19	SOLD -1 XEL 100 15 MAR 19 55 CALL @.25 PHLX	-0.1	-1	25	90,008.67		$23.90
XEL	2/27/19	SOLD -1 XEL 100 15 MAR 19 55 CALL @.35 NYSE	-0.1	-1	35	90,042.57		$33.90
							Number of Winning Trades
							Number of Losing Trades
							Average Profit per Trades
							Winning or (losses)	$180.76