Trader on Reddit made $20 million this year , $1-3 million profits each trade

I couldnt find the trade you're looking at..

What's the Exp and Strikes??

It's obviously short dated...

wxytrader said:
Correction...the chart was showing 1SD. I adjusted the price to $3.40 and would need to move about $2.46 so less than a standard deviation.
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taowave said:
I couldnt find the trade you're looking at..

What's the Exp and Strikes??

It's obviously short dated...
More...
Just pick an equivalent trade. I'm assuming he bought atm or a little ITM the week of July 14th...but play around with it.
 
taowave said:
Has the guy posted one losing trade ,stopped out or not??
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What was his account size 10M?
(it was showing net liq of 10.79M for this trade)
$177,000 P/L on a trade is a 1.7% ROE
Risk:reward of 1.5:1 on the trade 800 contracts @ 3.40.

If we scale down then to a 10k account:

/1000
.8 contracts @ 3.40 = 272 (80* 2.2=$176 P/L)

So with a 10k account the trade would return a profit of $176, with a RW of 1.5:1
His numbers are attained by sheer numbers.
 
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