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november wrap - election month, modest gains, +1.46%, ytd +18.19%

november done.

election month. conservative approach. modest gains.

exactly as planned.

november final numbers
#

starting (nov 1): $510,180

ending (nov 30): $517,640

november gain: +$7,460 (+1.46%)

trades: 27

wins: 20

losses: 7

win rate: 74%

trading days: 19 (holiday week)

November Weekly Performance

Figure 1: November weekly breakdown. Week 1: +$0 (election pause). Week 2: +$3,660 (post-election rally). Week 3: +$2,450 (steady). Week 4: +$1,350 (thanksgiving). Defensive positioning early month, return to normal mid-month. Total +$7,460 (+1.46%).

weekly breakdown
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week 1 (nov 1-2): +$0 (0.00%), 0 trades - election pause

week 2 (nov 3-9): +$3,660 (+0.72%), 78% wr, 9 trades - post-election

week 3 (nov 10-16): +$2,450 (+0.48%), 71% wr, 7 trades - steady

week 4 (nov 17-23): +$1,350 (+0.26%), 75% wr, 4 trades - thanksgiving

week 5 (nov 24-30): +$0 (0.00%), 0 trades - holiday weekend

comparing to target
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november realistic outcomes (from oct 31):

election uncertainty: +0.5% to +1.5%

november actual: +1.46%

result: AT TARGET (high end)

defensive approach worked. protected capital during uncertainty, captured rally after.

market conditions november
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avg VIX: 18.2 (elevated for election, normalized after)

avg correlation: 0.62 (moderate)

avg volume: 3.8M contracts (below normal, holiday impact)

regime stability: 0.78 (normalized post-election)

conditions: volatility spike → calm. premium selling favorable second half.

YTD Performance Trajectory

Figure 2: 2025 YTD through November. Monthly bars: Jan +$9,550, Feb +$8,920, Mar -$9,582, Apr +$9,732, May +$3,840, Jun +$9,180, Jul +$7,600, Aug +$5,060, Sep +$14,120, Oct +$13,960, Nov +$7,460. Cumulative YTD +$79,040 (+18.19%). November modest but protected capital during uncertainty. December target: close strong, end year 17-19%.

trade distribution
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options: 23 trades, +$6,580 (88% of gains)

SPX: 14 trades, +$4,320

QQQ: 7 trades, +$1,840

Individual stocks: 2 trades, +$420

crypto: 3 trades, +$680 (9% of gains)

BTC: 2 trades, +$480

ETH: 1 trade, +$200

futures: 1 trade, +$200 (3% of gains)

ES: 1 trade, +$200

November Trade Distribution

Figure 3: November gains by instrument. SPX options dominated (+$4,320, 58% of total), followed by QQQ options (+$1,840, 25%), crypto (+$680, 9%), individual stocks (+$420, 6%), and ES futures (+$200, 3%). Premium selling focus continued.

algo performance breakdown
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election mode risk manager:

worked perfectly. no trades during uncertainty.

returned to normal wednesday post-election.

hedges: +$240 net (cost worth peace of mind)

vix term structure (paper trading):

signals: 4

theoretical performance: +1.8%

status: continuing paper testing through december

premium selling:

primary strategy. 88% of gains.

IV normalized quickly post-election.

key trades
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best trade: post-election SPX iron condor, +$1,280

worst trade: pre-thanksgiving QQQ timing, -$380

most satisfying: holding through election with discipline (no trades = no losses)

circuit breaker performance
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triggered: 0 times

close calls: 1 (election night, stayed in cash)

largest loss: -$380 (thanksgiving week)

capital preservation: excellent

ytd performance update
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jan: +$9,550 (+2.18%)

feb: +$8,920 (+1.99%)

mar: -$9,582 (-2.10%)

apr: +$9,732 (+2.18%)

may: +$3,840 (+0.84%)

jun: +$9,180 (+1.99%)

jul: +$7,600 (+1.62%)

aug: +$5,060 (+1.06%)

sep: +$14,120 (+2.93%)

oct: +$13,960 (+2.81%)

nov: +$7,460 (+1.46%)

ytd total: +$79,040 (+18.19%)

annual pace: 19.8%

vs target: 15-18%

progress: slightly ahead, december determines final

december preview
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trading:

FOMC dec 17-18

year-end flows

holiday weeks (christmas, new year)

realistic december outcomes:

mixed month: +0.5% to +1.5%

target: +1.0% to +1.5%

personal:

anniversary trip dec 13-16 (big bear)

A. still has no idea

tonight (november 30, 11:55pm)
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november done. +$7,460 (+1.46%) across 27 trades. 74% win rate. election discipline worked. ytd +$79,040 (+18.19%), annual pace 19.8%. account $517,640. december: FOMC, holidays, anniversary. targeting +1.0-1.5% to close year strong.


11:55pm sunday. november wrap. election month done. +$7,460 (+1.46%) on 27 trades, 74% wr. election pause worked - no trades during uncertainty, rally captured after. ytd +$79,040 (+18.19%), pace 19.8%. account $517,640. december: FOMC, holidays, anniversary trip. target +1.0-1.5%.

-AK

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