Solid end to the week

$10 profit ( little over $3 per contract after fees)

After Wednesday’s rough day… just decided to take the small profit and come back the next day.

One thing I did do differently, is instead of taking the trade right at 6pm, waited until the underlying price got closer to 4810. That actually ended up hurting me I think, because the underlying retreated back towards where it opened. Wouldnt have been such a profit/loss on either side and would have had more wiggle room had I decided to hold it longer.

Didnt even bother waiting for Europe to open with Friday

$127 ( $42 per contract (after fees) )

Decided to demo an ES Iron Condor and just hold it until expiration as well

$52 after fees :open_mouth: Even with all the volatility on Friday

Probably will stop on the NQ live until some of the premium at the open returns. Its more fun when there is $200+ at the start vs $140 (which I sometimes see now) lol Hopefully its just an end of summer thing.

I will keep demoing ES though. Doubt being able to get $52 per contract will be a daily thing. But if it shows a consistent profit (like the NQ but without the extra volatility) Then I will look into taking that live as well.

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Nice job. Glad to see your getting better at this. I didn’t trade monday and tuesday. I had a loss wednesday bcus the premium kept resetting. My bad tho i shud’ve checked the new for FOMC. Made it back thursday and ended week in a profit tho .

I think waiting until the implied volatility increases some more in Sept is a good idea.

Thank you. Always good to end the week with a winner, :slight_smile:

These are fun trades when there is premium to work with.

Looks like i picked a good week to stop live. The NQ on Monday and Tuesday… good grief. At least Monday, there was retracement .

Apparently there were issues with the demo prices… so I dont know how valid my trades were on the ES this week.

I really hope some of this IV comes back after Labor Day…

$25… just seems really really really low.

Yea that really low. I didn’t trade at all this week. I’m waiting until the IV increase to atleast 90 on each side.