Swing trading with Butterflies

Popped a Put Fly on S&P for expiry on Monday.

Trade date: 11 February 2022
Security: SPX
Price at opening: 4488
Direction: Put
Expiry date: 14 February 2022
Strikes: 4405 / 4435 / 4495
Structure: 2 / 3 / 1
Opening Spread: 9.50
 
Closed out at a profit 20 mins after opening!

Trade date: 11 February 2022
Security: SPX
Price at opening: 4488
Direction: Put
Expiry date: 14 February 2022
Strikes: 4405 / 4435 / 4495
Structure: 2 / 3 / 1
Opening Spread: 9.50
Close date: 11 February 2022
Trade duration: 0
Closing spread: 11.65
Profit / (Loss): 2.15
Profit / (Loss): 22.6%
 
Opened positions on S&P500 and Nasdaq earlier today.

Closing orders on NQ partially filled and SPX closed out completely.

Trade date: 14 February 2022
Security: NQ
Price at opening: 14378
Direction: Put
Expiry date: 16 February 2022
Strikes: 13920 / 14070 / 14370
Structure: 2 / 3 / 1
Opening Spread: 41.50

Trade date: 14 February 2022
Security: SPX
Price at opening: 4415
Direction: Put
Expiry date: 16 February 2022
Strikes: 4300 / 4340 / 4420
Structure: 2 / 3 / 1
Opening Spread: 11.50
Close date: 14 February 2022
Trade duration: 0
Closing spread: 13.20
Profit / (Loss): 1.70
Profit / (Loss): 14.8%
 
Remaining closing orders on the Nasdaq Fly filled just before close yesterday in profit.

Trade date: 14 February 2022
Security: NQ
Price at opening: 14378
Direction: Put
Expiry date: 16 February 2022
Strikes: 13920 / 14070 / 14370
Structure: 2 / 3 / 1
Opening Spread: 41.50
Close date: 14 February 2022
Trade duration: 0
Closing spread: 49.25
Profit / (Loss): 7.75
Profit / (Loss): 18.7%
 
Added Put flies for expiry on Friday.

Trade date: 15 February 2022
Security: SPX
Price at opening: 4452
Direction: Put
Expiry date: 18 February 2022
Strikes: 4340 / 4380 / 4420
Structure: 1 / 2 / 1
Opening Spread: 2.95

Trade date: 15 February 2022
Security: RUT
Price at opening: 2060
Direction: Put
Expiry date: 18 February 2022
Strikes: 2000 / 2020 / 2060
Structure: 2 / 3 / 1
Opening Spread: 5.16
 
Opening orders for TSLA Put fly filled after I added trades here yesterday.

Trade date: 15 February 2022
Security: TSLA
Price at opening: 913
Direction: Put
Expiry date: 18 February 2022
Strikes: 860 / 880 / 900
Structure: 1 / 2 / 1
Opening Spread: 2.00
 
The S&P500 and TSLA positions closed yesterday in profit.

Trade date: 15 February 2022
Security: SPX
Price at opening: 4452
Direction: Put
Expiry date: 18 February 2022
Strikes: 4340 / 4380 / 4420
Structure: 1 / 2 / 1
Opening Spread: 2.95
Close date: 16 February 2022
Trade duration: 1
Closing spread: 3.56
Profit / (Loss): 0.61
Profit / (Loss): 20.6%

Trade date: 15 February 2022
Security: TSLA
Price at opening: 913
Direction: Put
Expiry date: 18 February 2022
Strikes: 860 / 880 / 900
Structure: 1 / 2 / 1
Opening Spread: 2.00
Close date: 16 February 2022
Trade duration: 1
Closing spread: 2.50
Profit / (Loss): 0.50
Profit / (Loss): 25.2%
 
Just noticed that I didn't post closing statements for a couple of trades this week.

Trade date: 15 February 2022
Security: RUT
Price at opening: 2060
Direction: Put
Expiry date: 18 February 2022
Strikes: 2000 / 2020 / 2060
Structure: 2 / 3 / 1
Opening Spread: 5.16
Close date: 17 February 2022
Trade duration: 2
Closing spread: 6.63
Profit / (Loss): 1.47
Profit / (Loss): 28.4%

Trade date: 16 February 2022
Security: NQ
Price at opening: 14475
Direction: Put
Expiry date: 18 February 2022
Strikes: 14120 / 14250 / 14510
Structure: 2 / 3 / 1
Opening Spread: 38.25
Close date: 17 February 2022
Trade duration: 1
Closing spread: 47.00
Profit / (Loss): 8.75
Profit / (Loss): 22.9%
 
Last edited:
Had to go out yesterday evening (GMT) so before close for US. But a few fly orders filled to open positions, and closing orders for S&P500 closed a couple of hours later in the sell-off, at a profit.

Trade date: 18 February 2022
Security: RUT
Price at opening: 2008.7
Direction: Put
Expiry date: 22 February 2022
Strikes: 1945 / 1965 / 2005
Structure: 2 / 3 / 1
Opening Spread: 4.77
Close date: 22 February 2022

Trade date: 18 February 2022
Security: ES
Price at opening: 4384
Direction: Put
Expiry date: 22 February 2022
Strikes: 4270 / 4310 / 4390
Structure: 2 / 3 / 1
Opening Spread: 11.00
Close date: 18 February 2022
Trade duration: 0
Closing spread: 15.06
Profit / (Loss): 4.06
Profit / (Loss): 36.9%

A great week.

Further to summary (#160) I've reported 18 consecutive trades here without a loss :D
 
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