January Week 1

In my experience with options trading, it's crucial to keep a detailed log of each trade as seen in the January Week 1 recap. The report highlights 8 trades with a total positive P&L of approximately $14.21. Tracking specifics like trade fill price, amount, and commissions provides transparency and helps refine future strategies. For example, selling the 'SE 15 '26 90 Put' at $2.4 and the 'GEMINI 18 '26 55 Put' at $2.05 shows how selling put options can generate steady premiums. Meanwhile, strategic buying like the 'ILX '26 150 Put' and 'X. 10 '26 25 Put' at lower prices demonstrates hedging or speculative techniques. One tip I’ve found helpful is using limit orders with good till cancelled (GTC) settings to better control entry and exit points, minimizing slippage which is a common challenge in options trading. Also, analyzing the outperformance or underperformance per trade allows identifying which underlying assets or expiration dates work best in your portfolio. Weekly recaps such as this one not only capture profit and loss but also reveal market sentiment and volatility trends. For traders looking to improve, reviewing such detailed weekly summaries regularly helps build discipline, improve risk management, and adapt strategies dynamically in the evolving market environment.