Option Trades: Feb 13th - 19th, 2025

Hi there,

A quick summary of my options trades from Feb 13th-19th, 2025:

A total of 9 option trades were placed, with 6 trades closed and 3 trades still open from this week.

I also closed a previous position for a profit of $160.74 that was still open last week.

I made a total loss of $183.19 this week.

I’m experimenting with option “diagonal” trading strategies, where I sell an option closer to expiry and buy a cheaper option further out of the money on a further expiration date to come up with a net credit on my option position.

This allows me time for the option position to play out, closing my position on the “sell” leg early if it’s already in profit, leaving the cheaper options bought to expire worthless or close out at a slight profit if there’s a big move.

My current trading equity curve over 7 months:

Trades taken so far: 279

Options can be complicated if you've never traded them before, so please feel free to reach out to me with any questions about my strategies.

Talk soon,

Sam