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There it is! I was waiting for posts like this to show up.

I have been trading options full-time for 9 years. I have had more positions go against me than for me. I blew out my first major PM account. This journal has been live for 6 days, I'm sure one of my trades very soon will be a loser. I have iron-clad risk management rules, I just haven't had the...

This is about average for me. Maybe a tad high. Probably around 5/wk

. I will go back and look at time stamp, and post it here. I originally passed on tsla trade at open. Then it dropped to 618, rallied back to almost 650. I did trade then, and got a suspiciously good fill. I thought something was up, but it worked out.

Stress Level = None BSD Status = Confirmed I have dinner res at Alinea on Saturday. Over, and out.

Book is currently flat. It's been a decent week so far. PnL = +$13,041 Here is overall journal performance (from Jan 24 - Jan30):

Out of Trades 6 & 7- 6. 10-lot of the SPX Feb07 3125/3200/3275 121 Put Fly closed for 12.00 risk +$1,800 7. 5-lot of the TSLA Jan31 600/650/675 132 Iron Fly closed for 28.00 risk +$2,770

Good idea. Will do.

I guess no one is aware of these trades. Maybe I'll post the inverse position instead next time. That could be fun...

Trade 6 Long 5-lot of the TSLA Jan31 600/650/675 132 Iron Fly from 21.75 risk (28.25 cr)

I would describe them as vol trades, that lean slightly on delta. I prefer to take the least amount of deltas as I can, but it’s often inevitable when trading spreads as a market taker. But, you need to have an opinion on price and/or vol in order to generate a trade.

All of my trades are found/modeled using my custom spreadsheets. I use LV to get the data into excel. And I use TOS for free charts/news. Keep in mind, I could build the spreadsheets using any other market data feed.

In order to get LV data into Excel, you need the basic $100/mo service, and the plugin, I don’t recall the cost. You do not need LVX. Basically, LVX is LVP with execution. When Cboe bought LVP, they took the excel part too. I do include LV excel in any of my spreadsheets for my clients.

That’s good to know. I was originally executing through LVX, clearing with IB. This got all messed up when LV spun off front end to Lightspeed, and sold analytics (LVP) to CBOE. I would much prefer revert to original arrangement.

It’s LVX through Lightspeed (I think it’s called Sterling Vol Trader now). I don’t pay any fee. I have LiveVol Pro for excel data, and for mentoring purposes. I’m aware of the redundancy, but I have an arrangement with them.

I hate to post trades ex post facto. My goal is to post trades at marketable, fillable prices. But since I was busy at the close yesterday, I wasn’t able to (read = I forgot). Anyway, Trade 5- Long 10-lot of the SPX Feb07 3125/3200/3275 121 put fly from 10.20 risk

In order to stay consistent, I always quote flies in terms of “risk” or debit (amount at risk in trade). So for a 150-wide fly, Risk = 150 - 66 cr = 84.00

Primary account is LVX, I also use TOS and IB. All my analytical tools are of my own design (Excel with LiveVol data). Screenshots are from LiveVol Pro. I’ll post some examples of my tools later today.

I am out of Trades 3 & 4 (AAPL), including shares. I also added an SPX trade for next week. I'll post screenshots later this afternoon.

At least someone here like free monies. You're very welcome!