Part of my testing for piggybacking on unusual option activity. Nice % gain but small position size. Consistency being seen. Potentially sold too soon however (recurring problem/theme) as this option is now worth $3.45 vs. my close of $0.50

This play was pure speculation from researching trade opportunities online. I got out quickly because it did not fit my strategy criteria. Thankfully, made a small % and kept my contract size small while starting out again.

This was supposed to be a trade based on unusual options activity, but I realized later after entering that it did not meet my initial premise/strategy so I closed it early. Happy to have made a nice %. Small contract size due to testing strategy.

Testing a strategy piggybacking on unusual option volume. Small contract size. Sold too early (recurring problem/theme). Got impatient due to low volume/activity on the underlying stock(another recurring problem). Option is now worth 1.05 just a week later.

This was another test of piggybacking on unusual option volume. Clearly a successful trade with the largest % gain with this strategy so far. I closed too soon (recurring problem/theme), but I believe this was the right move given the limited amount of time left to expiration. However, this option is now worth $6.50 vs. my close price of $2.06. Left money on the table but still made a profit. More importantly, continued proving my strategy.

I traded this because it was mentioned on the unusual option activity segment of CNBC. Testing a theory that a quick % could be made because of it. I sold early (recurring problem/theme) but this went to $1.20 the next day. This trade got me researching into a strategy of scanning for unusual option activity on my own and not relying on CNBC to announce it. Small size because of testing.

I have traded KBH in the past and noticed that it typically moves with TOL during their earnings. I felt it would be underpriced with less IV because of this since their earnings are not until approximately June 25th . The July expiration allowed me to play TOL earnings and gave me enough time to also cover KBH earnings if necessary. Staying small still and focusing on % gain which this did nicely. I may have a bad habit of selling too soon since this option went up to $1.60 not long afterwards.

I have been watching this stock for several years, and I felt that it was undervalued from pre pandemic levels. I bought the LEAP because I felt that this would be certain to make money and would cover several future earnings calls. I got impatient. After a small bump for earnings in May, I sold this for a very small gain. This ended up going to $1.75 a couple of weeks later so I left a lot on the table. Trading small to test strategies.

I am starting to trade again and testing some strategies with small position sizes right now. This was my first trade back after ~2 years. I initially wanted to try day trading SPY as potential strategy but have moved off of it. This was a good trade, but I closed it too soon and this option ended up around $5.00 a day later. Still, not a bad % for a daytrade.

I was watching CNBC and saw that the Baker Hughes stock was halted because the merger with Haliburton was not going to go through. I looked at the HAL stock which had dropped significantly and I knew/felt that the price it fell to was long term support. I bought these options after seeing the stock starting to recover. This was a great opportunity with a very narrow window for entry and I'm glad I was able to capitalize on it.