Damocles Weekly Trade Journal
Commentary We need to CHILLAX! As of this Monday morning (3/9/20), every Vertical Bull Put Credit Spread in my Options portfolio is insanely deep ITM. This equates to a possible max loss of $2,713 if all positions fail. My job..
--Matt Farrell: The first time I heard the concept of a Fire-Sell, I actually thought it would be cool if anyone ever really did it. Just hit the reset button – melt the system just for fun.--John McClane: Hey, it's..
Commentary This week's commentary was preempted by the market meltdown. Much of my time was focused on determining which strategy to use and the possibility of managing any losing trades. So for this week, we are doing nothing but Trade..
Commentary This week's post encompasses three weeks of activity. During the first two weeks, I enjoyed a smooth Caribbean cruise to the Panama Canals and back. During these two weeks, I only had spotty Internet access. So, I was only..
We can never see past the choices we don’t understand.”– the Oracle (The Matrix) Prologue It was an iconic early Fall day in Central Texas - blue skies, fresh breeze, comfortable temperature. Feeling invigorated, I decide to spend a leisurely..
This is a new branch for my blogging attempts (my other branches definitely need significant pruning). But this branch is going to focus primarily on my Options Trading experience. At this point, I'm definitely classified as a neophyte trader. I've..