Posts

September 2025

  First trades on 9/3/25 Updated my stats to get better picutre. I have an average risk column as of course you need that to get your RR. That risk is based on stop. My stop for simplicity sake I am using an average of -.5 ATR against, Sold Strike, and -1% against.  As for average risk it has always been troublesome. But now that I am trading closer strikes, higher delta, the delta is a bit more accurate in what happens to the option should it go striaght to stop. So I can ignore random multipliers for now.  Compairng to old losses, they had a ration of 3:1 for MaxL to Est Risk. With closer strikes, I think I can get away for now with assuming it can be Half max loss, as the hedge is more of a hedge now, and less of just a requirement.  Week 1 NFLX So got in the sell at 6.65. Within the first 15minutes on day 2, we had a rip, and retest of HOD. The sell is now at .55 There is no add here. RR is gone. Most of my trades do not do this Its a bit upsetting seeing such a ...
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August 2025

  -$4669 6 trades  3W ($724)    3L (-$5393) MA crushed me, I discuss it more at some point below. DE was a wing hedge that turned ugly fast. This turned out to be another huge research post. After I had just done Julys massive restructuring posts, in the first week, I had already seen another black swan sell crush me and a wing hedge that is supposed to offset loss, turn into a 5x loss of the original trade. I had to step away I had to rethink everything I had to look deeper I had to ask myself the question, what am I really doing here? So I went through some soul searching this month. It was tough but journaling and typing it out always helps me get through it. And I believe I got 90% of the way there. I got to the point I was satisfied with understanding why I was dissatisfied with what was going on. And to the point I would know how to go on from there.  Some of this post I had started in late July, getting a head start on stat research, but after the ugly we...
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