Flat Thursday
TODAY'S GAIN: -$10
My posted, REAL-TIME TRADES were... flat. Today's trades weren't good but weren't bad. I had one losing trade and one winning trade. I'm not going to complain -- it could have been way worse.
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Piper's Picks
A BEARISH signal, 4/5 strength, was generated at 10:30am ET by Piper. The signal was used with various advanced options strategies to score (don't worry, I'll teach you every aspect of the strategy).
Both of these trades missed.
Total Return: -$272/signal
Thicc Matt's Personal Trades
Day #23 of The Comeback Tour!
7 x SPX 5030/5035 Call Credit Spread
As shown, losses were taken at $2.20/ea (-$910)
15 x SPX 5010/5105 Put Credit Spread
As shown, profits were taken at $0.05/ea (+92% or +$900)
Total Return: -$10 (before fees)
It wasn't pretty, but it wasn't disastrous -- I'll live to fight another day.
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Notes
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.
Both of these trades hit if held until close -- 6 total units!
Both of these trades hit if held until close -- 6 total units!
SPY missed & QQQ hit
The Trump-China-Trade announcement from the NYT knocked me out of my position. The CCS's were sold at $1.80/ea and I was forced to buy them backl at $4.40 -- This means my realized loss was $3,120 :(
The hedge did exactly what hedge plays are meant to do. It balanced me out! These PCS's were sold at $0.85/ea and expired worthless -- THIS MEANS MY REALIZED GAIN WAS $2,975!
