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The swing was to the positive side due to the huge return on the CVNA trade. Wouldn't be possible to swing 100% in the other direction since the position sizes are never 100%(or even close to that) of the account.

Week 1 is a wash. Yesterday was horrible. This morning the account was at ~$1,100 Best day of the week was today PnL, got lucky with 0 DTE options on CVNA and MDB. Ultimately held the contracts a bit too long(intraday the account peaked at a little over $3k). Some of the CVNA contracts were...

Well, I promised win, or lose I would continue to provide updates. Here are the trades from the last two days. Ultimately, i'm down $400, on the account, with Tuesday's loss accounting for over half of that. The trend here is crystal clear - large caps, and large floats(MTCH,AIG,MOS) are just...

4 puts 3 bought in the first order and 1 other purchased in a separate order

Correct. .75 per contract

If you have TOS, there is an indicator called APTR. Also, its not dependent on the DAY its dependant on the stock.

Typically, anywhere from 15 to 90 minutes. Sometimes trades stagnant, but don't touch my SL, so I will hold until near EOD(look at CODX today). But, the vast majority are only held for less than 90 minutes.

Day 1 - Small loss Small lose of around $30. Today would have actually been a good day if not for a horrendous trade on ADT. Had FOMO from missing KODK and put on way too much size for such a risky trade. Also not too pleased with my trade on CLX. Although the loss is within an acceptable...

I'm trading options on individual stocks, not futures or etfs. Commissions are roughly 1.20 round trip per contract.

This guy knows his math.

Started the account with $370 on June 23(screenshot below shows the EOD balance on 6/23), as of Friday 7/31 - the account is sitting slightly below $2k. Basically a 5x so far The goal is to get the account to $50k before the year is over. I will provide updates - win or lose. Lets go!

sounds like a rather fancy way to throw away money.

Moderate bid-ask spread Historically high IV Time Decay

I think by "pyramiding" he meant simply adding to a winning position.

HORRIBLE trade. I can't emphasize this enough.

Math wise you have the right idea, at least for options. But nailing these type of trades requires practice and a lot of patience. You would absolutely want to scale out, rather than trying to predict the bottom.

Ehh, its out there for free. Not gonna spoonfeed you bro.

https://www.tradingacademy.com/lessons/article/hedges-and-market-makers/

MMs don't care about a side or direction. Their position is fully hedged.

If it helps any. Here are a few of the monster options trades from the past few months. I'm sure there are a few not on the list. UNH - 04/16 UNH - 04/11 TSLA - 10/25 AMZN - 8/23 NFLX - 9/20 ROKU - 9/20 AMZN - 10/25 Basically, you need a big directional move on a large-cap, on a thursday or...