august starts.
final summer month.
have a surprise planned for A. this month.
august 1 setup #
account: $477,040
ytd: +$39,240 (+9.12%)
target this month: +1.5% to +2.0% (+$7.2k to $9.5k)
conditions:
VIX at 15.2. normalized post-earnings.
volume still summer thin but improving.
today’s action #
opened:
1 SPX put credit spread
- sold 5450 put @ $1.95
- bought 5440 put @ $1.30
- net credit: $0.65
- max loss: $935
- 7 DTE
- prob OTM: 79%
1 QQQ iron condor
- small position, testing vol normalization
- net credit: $0.42
- 10 DTE
regime status #
current regime: low-medium vol (VIX 15.2)
post-earnings: volatility declining as expected
outlook: should stay 14-17 range through august
the surprise #
planning something big for A. next week.
won’t say what yet.
but I’ll be offline for a while.
first real vacation since… actually first real vacation ever as an adult.
week expectations #
trading days this week: 4 (friday normal close)
next week: will be completely offline
need to close all positions by friday aug 8.
no open trades during vacation.
tonight #
august 1. final summer month begins. opened 1 SPX spread ($65 credit) and 1 QQQ iron condor ($42 credit). VIX 15.2, post-earnings normalization. planning surprise vacation for A. next week - will be completely offline. need to flatten everything by aug 8.
2:18am friday. august starts. opened 2 positions ($107 total credits). VIX normalizing. big surprise for A. coming next week. first real vacation.
-AK