Day 74

Market Recap

The market moved up a little last week. SPY moved up by 6 points and QQQ moved up by 9 points.

• SPY: +6.40 (+1.03%)
• QQQ: +$9.19 (+1.66%)

Year-over-year:

• SPY: +$75.48 (+13.66%)
• QQQ: +$82.30 (+17.18%)

Trading Update: July 14 – July 19, 2025

Here is a summary of all trades I made during the week (details listed below).

• Unrealized Profit/Loss: +$73
• Realized Profit/Loss: -$59
• Buying Power Used: $1K
• Buying Power Remaining: $3.2K

Trades

I currently only have one open position. A PLTR Put Credit Spread was my earnings play that I wanted to manage out this week, but have left it open to see if there is any more value I can capture before their earnings release (due August 4th).

The NVDA Iron Condor went against me. I closed the Put side when my Calls got tested. However, NVDA continued its run up beyond my mental price limit of managing versus closing out the position. And so I did.

I also closed out my APLD trade that I had spoken last week about - I had buyer's remorse and so for my peace of mind - I just clean exited it.

I rolled APLD out but am wondering if it would have been better to eat the $92 loss and not rolled it out for the $42 premium. I am unsure if rolling out is helpful for non-standard bets on tickers like APLD. The only reason I entered these trades was because APLD was trending due to a contract with an AI company, and I kinda/sorta broke my method to pick that trade up. And logically, when the bet went sideways, I should have stopped the bleeding.
Anyway, I am going to maybe cut my losses in APLD in the next 4-6 weeks regardless of upward or downward move in it.

I think I am more mentally at ease with closing a losing position instead of trying to roll it out - so I am going to default to that going forward. No more rolling of losing trades unless I learn something new about rolling that challenges my behavior.

In between the losses, I made some profit on a PLTR Put Credit Spread - a ~47% of premium received in less than 6 days.

I also placed my first naked Put on Tasty Trade - an earnings play on HOOD. I sold a HOOD $80 Put with 8/29 expiry. The trade returned >20% premium in less than 24 hours so I ended up taking the profit instead of waiting to see if I got more juice out of it.

Portfolio Status

Closed this week slightly lower than last.

• 2025 Net P&L: Down $3.6K
• All Time: Down $6.43K

Profit and Loss Trend - Monthly - Year to Date

Portfolio Strategy Breakdown

Here's a view showing my Win Rate breakdown by strategy deployed.

Here is a breakdown of P/L by strategies I have used so far.

• Best Performing Strategy: Buy Put (Hedge)
• Worst Performing Strategy: Call (LEAPS)

Plan for Next Week

I did not intend to trade this week since I have been traveling, but the internet has been good wherever I have traveled so far.

I am beginning to slowly turn things around. The last 2-3 months have been a flatline in terms of portfolio strength.

I am also in the last stages of moving my capital out of Robinhood and into TastyTrade. This should most likely complete by the first week of August '25.

This week, I liked the risk and reward on the Naked Put I wrote on HOOD. I am likely going to use that more going forward, learning to find the ideal risk to associate with such a trade.

Thanks for following along - see you next week!

📌 Disclaimer: Nothing on this site is financial advice - I’m just here to entertain! Here’s my introduction, my trading philosophy, and some ground rules.