week 2 done.
tech earnings started. mixed bag.
weekly numbers #
starting (oct 6): $499,340
ending (oct 12): $501,890
week 2 gain: +$2,550 (+0.51%)
trades: 8
wins: 5
losses: 3
win rate: 62%
breakdown #
monday-tuesday: quiet ahead of NFLX
small positioning. +$720
wednesday: NFLX earnings
beat expectations but stock tanked. my put credit spread worked. +$1,380
thursday: TSLA earnings
beat on margins but miss on deliveries. choppy action.
wrong-footed on a directional trade. -$890
friday: post-earnings digestion
small premium sells. +$1,340
lessons #
TSLA humbled me.
thought I was being clever with a call spread.
stock went nowhere. theta ate into me.
reminder: stick to premium selling, avoid directional bets during earnings.
algo notes #
earnings filter worked for NFLX.
flagged it as high-conviction IV crush play.
didn’t flag TSLA because expected move was too high (8.2%).
should have listened to the algo.
next week #
big tech week.
MSFT, GOOG, AMZN, META, AAPL all reporting.
this is the real test.
2:44am sunday. week 2 october done. +$2,550 (+0.51%) on 8 trades, 62% wr. NFLX earnings worked. TSLA humbled me - directional bet went wrong. account $501,890. big tech earnings next week. sticking to premium selling, avoiding direction bets.
-AK