0ptionsEngineer

In my retirement accounts, I invest in stocks. In my brokerage accounts, I'm mainly an options trader. Retirement Account Goal: 20% CAGR Brokerage Account Goal: 30% CAGR Options Trading Goal: 2% Return on Capital per Week Options Trading: 2.96% Return on Capital per week in 2025. Options Trading: 3.13% Return on Capital per week in 2024. See my highlights for my past trades and results. Disclaimer: I am not a financial adviser, for information and entertainment only.

@Gingfacekillah 🤣

HAGW. Back at it soon 🫡

@3002076 Thanks!

@0ptionsEngineer Good luck!

So today was a losing day with $SPX Credit spreads. Loss on the put side: $2,790 ($3,180-$390 credit) Profit on Call side : $400 Credit Total loss today: $2,390 Started the day with $2,600 accumulated profit. So left with $210. But still profitable overall 😀

$PEP looking good.

@3002076 I have basically the same thing on today.

@0ptionsEngineer Nice. Thanks for sharing

@TheMarketRaven Thanks!

Good morning! Hope everyone has a great trading day!

@3002076 Congrats!

Closed the call spread, for a profit of $480.

New day, new trade. Day 5 of 0DTE $SPX Credit spreads. So far 5 out of 6 expired OTM, but the one loss wiped out most of the accumulated profit. Balance: $210 Today's trade: Max possible loss:$3,400 Credit for the spread: $600 Let's see where this one goes.

Yes, for most of my trades, but overall I use a mixture of lower and higher deltas. The wider iron condor from yesterday was more OTM (~8 delta). Most of my trades are directional where I go from ATM (put/ call spreads)/ slightly ITM (calls/ puts) to around 20 delta OTM (put/ call spreads, iron condors). For non-directional beyond 10 delta is normal.

@0ptionsEngineer You trade closer to the money, with higher premiums collected? What range of delta / distance from the money are you most comfortable with?

I lost on an 0DTE iron condor 20 delta 25 wide, put side was 6470/6495, almost a full loser. I had a wider iron condor win which helped a little. Yes, my 0DTE strategies only have ~70% win rate, but have good expectancy. Agree. Agree. I'm looking forward to see how your trading goes. Good Luck!

@0ptionsEngineer What was your losing trade? I hope it was part of your plan to have losing trades. I don't go into a position without knowing I'm ok with the worst outcome. It sucks to lose of course, but as long as it's within the plan, its OK.

@Octopusking77 Thanks!

Reestablishing $PEP position.

@TheMarketRaven GM!

Good Morning! 🐦‍⬛

@TheMarketRaven $, 🙏

Did you lock the bag in today or get taken to the cleaners?

@TheMarketRaven 🙏

Well

@TheMarketRaven Nailed it!

$SPY Make or break here

Restarted my $UPS position.

$META Will be full loss, -100%.

$SPX Our market today!

$SPX Closed at 3.35. 4.35-3.35=1/15=6.67%

@TheMarketRaven I'm here to learn everyday and make some money. Thanks Again!

@0ptionsEngineer TY for showing up today!

That's all the winning I can handle for today. I hope your beak was wet! News has liars on all ends in this middle east conflict, follow price action.