Trading Activity

Date: January 6, 2025

Market: BAC (Bank of America)

Number of contracts: 6

Contract cost: 0.30

PUTS or CALLS sold: CALLS @ 0.36

Profit / Loss: $21

Wallet size: $200

This month’s goal: Consecutive successes in day trading

Traded in BAC for a $21 profit. The goal is not to become rich, but to increase my wallet on a consistent basis by 10%. This goal can be met by consistently sticking to certain guidelines.

  1. Do not make your first trade using > 50% of option buying power.

  2. Do not hesitate to sell contracts on a losing trade.

  3. Do not trade when emotional.

  4. Sell your contracts when you reach your goal.