Today I was able to close to winning trades including one debit spread.
IWM – 1 day trade; I took this one off a bit early since it was a debit spread. When it hit 25% of the debit I decided to take some profits.
Here is the option chain.
Option Trade Stats:
Buying power reduction: $80
Profit after fees: +$17.42
Profit as a percentage of buying power reduction: +21.7%
I also was able to close a winning trade in SPY, closing the position at 39% of max profit. It was nearing the 21 days to expiration mark and had been going against me for most of the 35 duration. I also was hungry to take some profits while having so much good fortune lately.
Here is the option chain for the opening and closing.
SPY option trade states
Duration: 35 days
Buying power reduction: $136
Profit after fees: +$22.42
Profit as a percentage of buying power reduction: +16.4%
I had another great day with the portfolio gaining $111 in value. Which now has a positive value of $38.
Here is my Net Liquidation and Buying Power.
The portfolio total net liquidation is looking good.