#welcome – Hello Bistro Team!…

#welcome – Hello Bistro Team!

It’s been a solid 5 years since my last post, and I haven’t been trading too much in that time. (Although I’ve definitely peeked in here every few months!) I got a job with Salesforce in Jan 2020, and they decided to close their office in Hillsboro, OR in Nov 2024. I decided not to take a relocation and opt for severance with my teenagers in high school. I had the good fortune of shoving all of my 401k into PLTR through a self-directed BrokerageLink account at Fidelity in 2021 after watching a demo video of their software. I went all in and DCA’d down to about $14.00 avg. cost, so the past two years has been simply mind-blowing.

Sold a few CC’s at $119 that were exercised and fund my daytrading maintenance at TastyTrade a couple weeks back. Still have severance coming in a couple of weeks, and I’m excited at the opportunity to maybe trade full time, at least while I’m on unemployment! Been trading 0 DTE credit spreads/iron condors on the SPX. I’d like to dip a toe into 0/1 DTE calendars there as well possibly.

I searched through some posts but couldn’t find any referrals to CPAs/tax folks that people use, so I’d appreciate any nods in that direction if you have a service you trust. I’d like to pursue incorporation of some sort too – any advice there would be great as well, if you trade as a legal entity. From what I’ve read at the library and internet so far, I can deduct health care premiums, and possibly set up a solo-401k to put a good $69K and change away tax free? Not even close to that profitability yet, and not future tripping, just want a solid plan for the future and the kids!

Feels good to be back, Thank you Jeff and the usual suspects for the site and content!

SPX

Bought to Close this Friday 5800/5805 Bear Call Spreads @ .30 (sold for 1.25)

SPX

Fat fingered the mid price. Guess I’ll hold and see what happens.

Sold to Open this Friday BuPS 5500/5495 @ .85

BOIL Calls

Sold 1 BOIL 03/21/2025 94/89 Bear Call Spread at $1.42 Credit

VXX Puts

Sold VXX 03/21/2025 42/47 Bull Put Spreads at $0.13 and $0.14 Credits

VXX Calls

Sold VXX 03/21/2025 61/56 Bear Call Spreads at $0.26 and $0.34 Credits
Sold 1 VXX 03/21/2025 62/57 Bear Call Spread at $0.21 Credit

DECK NVDA TSLA Puts

Sold 1 DECK 03/21/2025 105/110 Bull Put Spread at $0.45 Credit
Sold 1 NVDA 03/21/2025 104/108 Bull Put Spread at $0.30 Credit
Sold 1 TSLA 03/21/2025 190/200 Bull Put Spread at $0.47 Credit

SPX 0-dte trades for 3/18/25

#SPX0dte At the open bell, sold to open $SPX Mar 18th 5550/5570-5735/5755 condors for 1.60, IV 33.78%, deltas -.07 +.05