This Week’s One-Day Wonder Trades
| Market Posture: | Bullish | |||||||
| Off-Strike Horizontal Bullish Trade | ||||||||
| Market | Open | Long | Short | |||||
| Open | Edge | Stock | Option | ATM -1, -2 | ATM +1 +2 | Debit | Debit | |
| Stock | Date | Opinion | Price | Put/Call | Def Option | Exp Option | Spread | Target |
| NVDA | 08/02/18 | Bullish | $249.85 | Call | 242.5 | 250.0 | $7.63 | $15.26 |
| Off-Strike Horizontal Bearish Trade | ||||||||
| Market | Open | Long | Short | |||||
| Open | Edge | Stock | Option | ATM +1, +2 | ATM -1, -2 | Debit | Debit | |
| Stock | Date | Opinion | Price | Put/Call | Def Option | Exp Option | Spread | Target |
| URI | 08/02/18 | Bearish | $147.25 | Put | 152.5 | 147.0 | $5.80 | $11.60 |
| Def Option = Next Friday’s Expiration Serial | ||||||||
| Exp Option = This Friday’s Expiration Serial | ||||||||
| Prices Are Thursday Afternoon’s Around 3:00 PM | ||||||||
Results For This Week’s One-Day Wonder Trades
| Market | Open | Close | Open | Closed | Spread | Actual | Total | ||
| Open | Edge | Stock | Stock | Debit | Credit | Profit | Profit | Profit | |
| Stock | Date | Opinion | Price | Price | Spread | Spread | Loss | Loss | Loss |
| NVDA | 08/02/18 | Bullish | $249.85 | $252.10 | $7.63 | $8.50 | $0.87 | 87.00 | 87.00 |
| URI | 08/02/18 | Bearish | $147.25 | $148.41 | $5.80 | $4.87 | -$0.93 | -93.00 | -6.00 |
| Number Of Round Trip Trades: | 4 | ||||||||
| Profit/Loss Bullish Spreads: | $87.00 | ||||||||
| Profit/Loss Bearish Spreads: | -$93.00 | ||||||||
| Total Profit/Loss: | -$6.00 | ||||||||
| Ticket Charges & Comm.: ($5.00/$0.50) | $22.00 | ||||||||
| Net Profit/Loss: | -$28.00 | ||||||||
| Total Risk Capital: | $20,000 | ||||||||
| Weekly % Return: | -0.1% | ||||||||
| # Of | # Of | % | NET % | Annualized | |||||
| Win % | Loss % | Trades | Targets | Target | P/L | ROI | |||
| 65.6% | 34.3% | 41 | 3 | 7.3% | 6.8% | 20.8% | |||