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76.87% Gain On Stock Option Trades In 2019

I have to admit that I was a bit traumatised by getting caught on the wrong side of too many stock option trades in December 2018. It has taken me a while to gain back my confidence. I went back to the drawing board to review and test my trading model to make sure that the December mistakes don't happen again.

As a result of this pause and review, I only executed seven stock option trades in Q1 2019 - six winning trades and one losing trade (quality over quantity).

The total return on the trades was decent, but I know that I have to increase the number of trades going forward (ideally, I want to execute at least three stock options trades per week).

                                                     ChartMasterPro

                                          2019 STOCK OPTION TRADES

TRADE

OPTION

ENTRY

EXIT

% RETURN

LONG ALB

ALB C 15MAR19 75

25-JAN-19

30-JAN-19

30.39%

LONG NEM

NEM C 15MAR19 32

25-JAN-19

30-JAN-19

1.97%

LONG HD

HD C 15MAR19 180

30-JAN-19

1-FEB-19

17.33%

SHORT JPM

JPM P 15MAR19 105

7-FEB-19

15-FEB-19

-50.62%

SHORT X

X P 15MAR19 23

8-FEB-19

6-MAR-19

2.31%

LONG HD

HD C 18APR19 175

12-MAR-19

20-MAR-19

9.89%

LONG CAT

CAT C 18APR19 130

28-MAR-19

1-APR-19

65.59%

To view the option details (strike price, expiry date, and leverage), you can sign up for a Free Trial for The Options Trader. Only Members receive real-time trade alerts.