0.8917.15
1.01500.0
Total Profits:
-$290.00
-$101 Loss
FFIVShort Option
marvster2020

Entry comments: Iron condor volatility crush around earnings. Buy to close tomorrow at cheaper price, or if range-bound, can let expire and keep entire $392. I'm ok collecting small profit tomorrow, lots of earning opportunities this week. I'm trying to see if better to have short strikes the same, or separated like a range.

Exit comments: cutting losses.

000

-$19 Loss
SHWShort Option
marvster2020

Entry comments: Iron condor earnings. Hoping for volatility crush and buy back tomorrow cheaper. If range bound, could let expire and keep entire $843. Lots of earnings this week, so even if collect partial profit tomorrow, lots of other opportunities.

Exit comments: was small profit then fluctuating, ended up taking small loss. still trying to learn how to structure the strikes

000

$39 Profit
LHShort Option
marvster2020

Entry comments: Iron Condor earnings play. Selling volatility and hoping for "volatility crush" after earnings announced. Buy back tomorrow at lower price. If the price stays range bound, I could let option expire and keep entire $615.

Exit comments: small gain. I'm sure there's a better way to trade earnings. may need to widen my strikes to increase PoP but smaller profit.

000

-$60 Loss
MGENLong Stock
marvster2020

Entry comments: From STT Oracle and Highest % Gainer. Was a work day so unable to buy initial dip. Decided to try a dip buy on hourly chart. The low of the day was something like 1.22, my entry was 1.27 during lunch. Like yesterday, was hoping for a volume retracement in the afternoon, but it didn't happen. I might be a "bag holder", but if there are any shorts riding the fade, I might get a small amount of good luck and get a bump as they cover their positions.

Exit comments: As I suspected, I had bought too late. I was "bag holder". Lesson Learned: just need to buy the dip on the day of good news; this trade I bought the dip on the day after (Friday) thinking it would bounce and it didn't. Closed for small loss.

000

marvster2020

Entry comments: Earnings play. With good news, rise of EV cars, China plant/sales, and SpaceX, I was thinking earnings and guidance might be good. After market, posted surprise earnings beat. Initial dip aftermarket, but starting to rise. Will see tomorrow. Closing trade tomorrow also avoids day trade.

Exit comments: Full loss. Frustrating. All good news - good earnings with surprise beat, but general market environment caused price to go down. Still not entirely sure why. Was risky trade anyway with same-week expiration. The only "saving grace" was my day trade yesterday on MIST almost entirely offset this loss.

3
000

-$325 Loss
MSFTLong Option
marvster2020

Entry comments: Earnings play. Aftermarket dip, but earnings beat estimates. I'm expecting retracement to yesterday's high of 214.5 or more. We'll see tomorrow. Closing trade tomorrow also avoids day trade.

Exit comments: Full loss. Not entirely sure why. Good earnings and outlook, but overall market, maybe jobs or something, caused sell off. Was risky anyway with same-week expiration.

1
000

$54 Profit
MISTLong Stock
marvster2020

Already made 20% gain on main account. Hit a mid-day high of 9.99. Sell-off and thought maybe more shorts. Decided to change to my cash account and try a 2nd round of dip buy but smaller position size. Small gain, but still a gain. Price still went to mid to high 9's after closed trade. Moves so fast, had to lock in the gain.

000

-$160 Loss
CBAYLong Stock
marvster2020

Dip Buy from STT Oracle. Was flat most of day. Saw downward momentum on longer term charts. Decided to cut my losses.

000

marvster2020

STT Morning prep video, Tim Bohen: "MIST is the 'dip and rip' of the day". Fought urge to chase at open. Used 5 minute chart and dip bought at 6.75. Flat for a long time, then around 2:30pm heavy volume and trade above 1 minute VWAP on STT chart. Exit at 8.1, to lock profits. Didn't scale to prevent multiple day trades. But Went up to high 9's within 10 minutes. Moved so fast, was afraid of losing gain. 20% gain, happy!

000

$52 Profit
SKXLong Option
marvster2020

Entry comments: Earnings play. EA July 23. Will try to close prior to EA tomorrow to avoid day trade. Already up 32% end of day.

Exit comments: Happy with gain because other 2 earning plays didn't work. Note to self: give up on trading earnings because I suck at it. Strangles are too expensive for my account. Stick to dip buys. Seems to be working.

000

Page
of 2
*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.

Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.