Feb 3-7 Results (VIXY, SPY)

Here are the results and some notes from last week.

Date Entry	Security	Option	Cost	Date Sold	Amount Received	Per Contract Result	% result
1/31/2020	VIXY	Feb 7 $14 Call	$0.40	2/3/2020	$0.05	-$0.35	-87.50%
2/3/3030	SPY	Feb 5 $332 Call	$0.16	2/5/2020	$0.67	$0.51	318.75%
2/6/2020	SPY	Feb 7 $335 Call	$0.37	2/7/2020	$0.03	-$0.34	-91.89%
2/6/2020	SPY	Feb 7 $328 Put	$0.17	2/7/2020	$0.08	-$0.09	-52.94%
2/7/2020	SPY	Feb 7 $334 Call	$0.24	2/7/2020	$0.03	-$0.21	-87.50%
						-$0.48	-0.22%

- The first trade was a second weekend play on the Coronavirus problem. The surprise effect was gone.
- The second trade was simply a shift in momentum in SPY. It worked
-The third and fourth trades were a spread trade attempt on the jobs number on Friday. It didn't move.
Pretty sure overtrading happen
- The fifth trade was a momentum play as SPY recovered. Ended up buying the top. Life.....
- Pretty sure the fifth trade was overtrading. We were not happy with the lack of movement on the jobs numbers and felt a little stung. It happens and better discipline is needed.
- The closing of the first trade and moving over to an SPY call on the second trade was good trading.



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