10/28 Daily Summary

Market kept working its way up once again Today, seems like the bearish candle formation are piling up.. No matter what it does, I'll follow it and work my way into profits this month.

10/27 Daily Summary

No major change Today either, market keeps crawling up after bouncing back down in the morning, I guess the trade is holding my profits out by a few points by pushing it higher without a drop in volatility. This could be related to the FMOC announcement next week: market makers keeping the vols higher to drop them like a stone after the announcement... It is like a market-wide earnings report.. I'm navigating through it, let's see how it goes.

10/26 Daily Summary

Nothing much to say, except that volatility went up Today due to this morning's gap down.. even though we traded back up during the day, this swing kept volatility higher and this is keeping my profits out for now. The position is doing good and no major change on my game plan from Yesterday, except a few changes on PL due to the volatility spike.

10/25 Daily Summary

We went beyond my 2120 area and I added the extra long NOV call as planned, the contingent orders triggered and now the trade is back to B/E, I usually try and avoid using this long call if the market goes straight down from my entry then great, if we bounce up a bit then I get the extra long to reduce my delta exposure, that is the case this month. Game plan updated accordingly

10/22 Daily Summary

No major update or news Today, looks like the very first step towards a good month has been accomplished: go through the 1st weekend with profits, this to me seems like the very first step to a good (and profitable) month.

10/21 Daily Summary

I entered the remainder of the position Today and the market proceed to gift me with a great volatility drop and % returns. I am super grateful for it, thank you! So grateful indeed that I spent some time cleaning up my game plan sheet, it now shows my next adjustment points and automatically calculates how many st. Deviation points I am from adjusting (based on historical vols, not implied). I hope you enjoy, cheers!

10/20 Daily Summary

Started the NOV trade Today, I tried filling more than one contract but was not able to do so at a decent price. As the market traded lower by end of the day. I will scale in the remaining contracts Tomorrow either early AM before my day begins or by end of day during my lunch hour. The key here is getting started, overcome that initial mixture of fear and adrenaline rush of a new position and start to get the toes wet once again.