Weekly Trade Summary: Feb 19-Feb 25

Last week I opened one broken wing butterfly (BWB) on the SPX (May 5 expiration):

(click to enlarge)

I currently have 10 open trades, with expirations in March (3), April (5), and May (2).

(click to enlarge)

Total defined risk for these trades is currently at 64.0% of the account net liquidation value. This risk is broken down into the following groups:
  • 15.8% of net liq - DOTM BWB
  • 48.2% of net liq - core BWB at 75% of target size

Nine trades have been closed this year...eight wins and one loss. Return on the account for the year is at 2.8%.  I will likely open a trade on the May 12 expiration next week, and will evaluate possible trades on futures as well.


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Weekly Trade Summary: Feb 19-Feb 25 Weekly Trade Summary: Feb 19-Feb 25 Reviewed by Information on 06.20 Rating: 5

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