First trading day after President Trump’s inauguration. Market is pretty stable but the recent rally pushed individual stocks’ vol lower, so today is a good opportunity to open a few double eagle trades. Main takeaway… Trade Log 2025-01-21
Last day of 2024! Happy New Year everyone and wish all good trading in 2025. Today we opened 2 Double Eagle trades. Trade 1. EA Double Eagle Exit Total PNL (before transaction cost): -60.8% Update… Trade Log 2024-12-31
Trade #1: VXX Put Butterfly Exit Update 12/27: Vol move was in the expected direction, but it crushed too fast in the first half of the Christmas week, and popped quite a bit on Friday… Trade Log 2024-12-19
A bad day for the portfolio after FOMC, but still got a double eagle trade in around noon. Trade 1. JNJ Double Eagle Exit Total PNL (before transaction cost): +21.6% Update 1/21: closed the rest… Trade Log 2024-12-18
Trade 1. GS Double Eagle Exit Total PNL (before transaction cost): -10.4% Update 12/19: following the FOMC selloff, GS breached the put strike and the market’s attempt of rallying back seemed to have failed. Closed… Trade Log 2024-12-10