Friday, May 26, 2017

Trump rally reboots ... but can't last forever!

I cashed out the  another trade for a profit this morning: 8.9%. But the "Trump Rally" is hurting results a bit:

If not for the up move of the last few days this trade would've made up to 17% or so.

Also, the short futures segment has suffered under this move ... though the credit received in selling puts has it still just below breakeven. And we get to sell another put every week!

Charts below ... The main trade is now 9 for 12: 75%.

Trade DateSymbolResultProfit/LossComment
02/06/2017SPY Lost-18%
02/13/2017SPY Lost-16%
02/21/2017SPY Won+15.4%
02/27/2017SPY Won+17%
03/06/2017SPY Won+15.3%
03/13/2017SPY Won+12.9%
03/20/2017TLT Lost-1.4%Dumb!
03/27/2017SPY Won+9.6%
04/03/2017SPY Won+6.6%18 days long
04/10/2017SPY Won+11.1%only 14 days!
04/17/2017SPY Won+6.7%
04/25/2017SPY Won+8.9%
05/01/2017SPYOpen
05/08/2017SPYOpen
05/15/2017SPYOpen

Futures:
Trade DateWhat Qty Credit ReceivedNet Liq Change Since Start
04/25/2017/ES Put-1 $362.50$0
05/03/2017/ES Put-1 $487.50+$70.00
05/12/2017/ES Put-1 $337.50+$1250.00
05/17/2017/ES Put-1 $500.00+$1250.00
05/26/2017/ES Put-1 $262.50-$100.00

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