week 3 done.
steady week. nothing exciting.
sometimes boring is good.
weekly numbers #
starting (nov 10): $513,840
ending (nov 16): $516,290
week 3 gain: +$2,450 (+0.48%)
trades: 7
wins: 5
losses: 2
win rate: 71%
breakdown #
monday-wednesday: normal premium selling
SPX put credit spreads working. +$1,680
thursday: veterans day (market closed)
no trading
friday: light volume ahead of thanksgiving week
one small winner. +$770
market conditions #
VIX: 15-17 range (calm)
volume: declining ahead of holidays
sentiment: bullish tilt, post-election optimism
next week #
thanksgiving week.
historically low volume wed-fri.
thursday market closed.
friday half day.
plan:
- close positions by wednesday
- no new trades thursday-friday
- enjoy the holiday
thanksgiving week targets #
realistic: breakeven to +0.5%
low volume = low opportunity
not forcing trades during thin conditions.
2:38am sunday. week 3 november done. +$2,450 (+0.48%) on 7 trades, 71% wr. steady week, nothing exciting. VIX 15-17. thanksgiving week next - closing positions by wednesday, no trading thursday-friday. holiday target: breakeven to +0.5%.
-AK