Today was nuts, lots of work to break even. Before I get into that, I withdrew everything from my Robinhood except those SNDL leaps and YCBD shares. There’s $58 of stock/LEAPs in there, I took out $1,687.40, the majority or probably really all of which will be deposited to WeBull so everything is in one place and on a better platform for how I am trying to trade, and now that I’m better at reading the greeks etc I actually like their UI better belive it or not. Still gotta play with desktop a bit and see how that goes. Edit 6pm: Y’know what, actually I’m gonna initiate a deposit to WeBull. $500 tonight, then most of the withdrawn RH cash when that arrives. We’ll see where my account is at, I like nice round numbers. So some time in the next two weeks this account will be getting funded in bits.
So yeah, like I said, nutso day. Was down $200 off TSLA FDs, then up $200 on a BA put then some more on an AAPL call, but then I decided to grab puts on SPY just before that massive EoD rally. Typing that out makes me realize I should have accounted for that, it’s a known variable. Especially on dumpy days with no real news. I didn’t even say it out loud but Conq noticed it, I am relying on technicals too much again, not balancing them out with sentiment and news.
Here we go…
Started off selling that CVNA put, and holy shit right in time, huh? Even managed to get $35 more than I would have selling at close yesterday. Then I jumped into TSLA 600p FDs, first one at 3.90. Lets just say the average down was at $1.50 and I was considering another under a dollar. I could have done it with more averaging as I ended up selling the second one at $1.55. I managed to get one out at my cost basis of 2.70, should have sold both there, but I was greedy and gambly today for some reason. Got a BA put that was up nicely, so of course at 3pm I jump into those SPY puts. Ended the day with less than a dollar profit for all that work, though I have worked just as hard for red, so this at least doesn’t feel as bad as that. Ah man here we go with the Filled orders, format may be changed up a little…Gonna type out the WeBull list of orders, I’ll try to consolidate them like usual though (still gettting used to a new platform)
Sold 1x CVNA 5/20 27p 3.40
Bought 1x BA 5/20 120p 2.78->4.35 (edit, forgot the sells, this right here is where I should have stopped. CVNA and BA would have more than exceeded my daily, hell, weekly goal. Overplayed today big time)
Bought 2x TSLA 5/13 600p 3.90, 1.50->1.55, 1.06 ()
Sold 2x TSLA 5.13 600p 2.70, 1.55 (could have gotten out clean at 2.70, but I just had to try for a little profit…it trickled up after that sell and didn’t come back to my average. Stupid gambler bullshit. I know better than this, come on man.)
Bought 1x TSLA 5/13 600p 1.40 (I’ll fuckin do it again.jpg…held this for less than an hour then realized how retarded it was) Sold for 1.06
Bought 1x 5/16 SPY 380p 1.59->1.60 (This one was around noon, not the blow out one. I should start writing my thoughts on entries in here during the day, I don’t know what I was really thinking today. This was a panic buy to try and capture the TSLA losses back, so I dropped it immediately to think about what I was going to do. Didn’t do anything except hold that BA put and watch it grow til I fucked up in power hour. I was up $200-250ish between 1-3, I should have absolutely stopped there. But then again, that put would have gotten blown out by the rally too if I stepped away til tomorrow and wasn’t looking at what was going on to know to sell it)
Bought 1x AAPL 5/20 140p 4.30->4.70 (Grabbed this at 14:03, AAPL was in a consolidation and a huge green candle a few minutes earlier got sold off immediately. It was bull flagging, so I expected a drop, though not as big a one I got)
Bought 2x SPY 5/16 380p 2.78, 1.95 (green dildo incoming) Sold 1x for 2.00, 1x for 2.05
Bought 1x SPY 5/16 400c 1.34->1.42 (look ma, I’m strangling! Not really, I didn’t take anything into account except the chart trend. Time to re-read 25% Satisfaction and Stagflation…)
Bought 1x BA 5/13 125c 0.87->0.87 (got flagged again, I gotta slow down on some trades)
Bought 1x BA 5/20 130c 1.79->2.06 (That’s more like it, was considering holding this, but was also considering holding that put too, so like most others, I aint holding shit overnight in these conditions)
Bought 1x SPY 5/16 395c 2.83->3.20 (The other saver of the day not being red…those first and last hours of the day were nuts)
Account Balance: $2,777.80 (+$0.45, +0.01%)
Buying Power: $1,993.67
Settled Cash: $0.00 (Hmmm between BP and this
I signed up for cash account, better not have been slipping me some margin WB…)
So yeah, I traded like a fucking rabbit to end up less than 50 cents on the day. I was up a good 10%+, and once again didn’t follow my rules of taking that profit. Well, I did, but I apparently woke up and also decided I was going to gamble today…I mean, I say that in hindsight, but I bought those puts off a double top in a downward pressured market, things just got weird like immediately afterwards. It was A LOT of trading to stay afloat today. Though, it is honestly a miracle I did not end red or blown out on too many bad average downs. Hopefully, tomorrow is better. Hope y’all have a good night!