NUGT, UVXY, SPLK and SPX 1-DTE

BTC UVXY 10/18/2019 35/45 Nov 15 2019 #BeCS @0.4. Was STO 10/2 @1.65.

BTC SPLK 10/18/2019 105/115 #BuPS @0.35. This had been rolled from the Sept earnings trade. ~$1.20/share gain (though I don’t have my tracking spreadsheet in front of me at the moment)

BTC NUGT 10/18/2019 20/29.5 #BuPS @1.95. Basically break-even, but this was the second round on a double-dip.

Wanted to take some risk off today. Been thinking over Friday’s SPX 1-DTE trade a bunch over the weekend. Short version, my stops triggered, as Jeff’s did, but I didn’t get fills. I canceled the BTC order, and then spent the day sweating it out, hoping for a pullback to get out of the position, which didn’t happen until the last 15 minutes of the trading day. My position expired valueless over the weekend, but being frank, could just as easily have been a big loss, if SPX had swung ~15 up instead of ~15 down. Pretty much dumb luck, not smart trading. Really don’t know what I was thinking, if I was thinking at all, when I canceled the BTC order. Hope and Luck aren’t smart trading. I’m also going to put a pause on the SPX 1-DTE trades for a while.