Weekly Recap

Weekly Recap:

October 18th-22nd

Starting Cash: $19 408.95

Week Dollar Change: -$174.58

Ending Cash: $19 234.37

Percent Change Of: -0.9%

(Monthly Reporting Will Start In November)

Thoughts:

We had a very choppy week in the stock markets, with every day pretty much being a doji candle on the ES. As I trade best in directional markets, this week faked me out mostly on everything, as I bought most of my shares on Monday, the high of the week. I am still Long 100 AAPL (A large position for me) and if it seems it will not work out, I will trade more bear calls to make up for it in premium. I have realized that in these choppy conditions, either trade options on stocks or commodities and forex, as they might be moving instead of stocks. Small loss this week nonetheless (this includes open positions and premium) and we shall see what will happen next week, I think 1200 is around the corner!

Positions:

Long 100 AAPL @ 303.56 (Theoretical Price is $302.30)

Short 1 NOV 5 AAPL 310 CALL @ 1.53

Long 1 NOV 5 AAPL 320 CALL @ 0.30