Today I closed 1 winner and my second losing earning play. This one was a lower probability Iron Fly. I took the max loss of $60.
Here is the winner I was able to close – IWM
Duration: 17 days
Buying power reduction: $71
Profit after fees: $11.42
Profit as a percentage of buying power reduction: +14.4%
With this Macy’s play and a few days ago NVDA earnings going against me – I’m going to deposit $250 to account for those losses and I’m going to stick to my non-earnings play for the foreseeable future.
Options Portfolio Positions and Greeks:
Options Portfolio Net Liquidation and Buying Power: (includ. $250 deposit)