Day 53

Market Recap

The market moved down today.

• SPY moved down by 4.76%.
• QQQ moved down by 5.34%.

Trading Update

• Sold SOFI $9 9/19 Put at ~32∆. Received $110 Premium.

Portfolio Status

Another crash!

• Today's Change: -8.22%
• Year-to-Date (YTD): -24.94%
  • SPY (YTD): -8.97%
• All-Time: -36.79%

Here are the open positions.

Trade History

Here are my last 20 trades:

Plan for Tomorrow

I have a few trades that have reached my loss management threshold (>100% loss of premium received), I will look to close those.

What about Tariffs?

Well, I am not sure if I want to change my strategy of Selling Options and receiving premiums.

I have changed the tactics a little.

I introduced selling slightly longer time frame Puts while the Intrinsic Volatility (IV) is high which results in a higher premium, and hope to buy them back and close when IV goes back down.

However, I am hoping IV does not breach 35, because that would mean too much risk for me - I would rather just take the entire capital off the market and wait for IV to crash a little down into 20s.

📌 Disclaimer: Nothing on this site is financial advice—I’m just here to entertain! Here’s my introduction, my trading philosophy, and some ground rules.