Global Swing Trades using Options

Summary of first ten trades: 19.3% profit in 9 days, with Sharpe Ratio of 3.4!

Our Trades Are Beating the Market – Consistently! Even with two losing trades. Highlights: * Average profit per trade: 19.3% - slightly below historic performance * Average trade duration 8.9 days - in line with historic performance * Sharpe Ratio: 3.4 – risk-adjusted returns that most fund managers dream about * Trading 1

Trade #10: Bull Call Spread in Nasdaq closed in profit

Closing orders filled yesterday with 15.9% profit over 2 days. As the NDX Futures Option Contract has contract size of 100, each contract produced USD6,750 profit. Now that I have 10 trades opened and closed on here, I'll put together a summary in the next day

Trade #10: Update

As Nasdaq price rose today and Implied Volatility fell slightly, my first closing order just filled at 4.71, which is just over 10% profit, in 1 day.

Trade #10: Bull Call Spread in Nasdaq 100

I opened a position in Nasdaq - the Index this time - yesterday to benefit from a strengthening in price after a brief period of consolidation. I slightly overpaid for this and would have preferred to BtO below 400.

Trade #8: Oil Bull Call Spread closed at a loss

Closing orders filled today with 35.7% loss over 7 days. As the CL Futures Option Contract has contract size of 1000, each contract produced USD1190 loss. Trade 4 (another Bull Call Spread in oil) made 66% profit which mitigates this a little.

Trade #9: Treasuries Bull Call Spread closed in profit

I made a slight error when entering selling orders, so they filled more quickly than planned or expected, at a profit of 16.0% in 2 days. As the ZB Futures Option Contract has contract size of 1000, each contract produced USD267 profit.

Trade #7: S&P Bull Call Spread closed in profit

Closing orders filled overnight with 28.9% profit over 10 days. As the ES Futures Option Contract has contract size of 50, each contract produced USD2,050 profit.

Trade #9: Bull Call Spread in Treasuries to capture lower rates and higher price

I opened a position in US Treasuries yesterday to benefit from a softening in rates and increase in price after a period of consolidation. Opening price was 1 (42/64) but decimal is shown for clarity and simplicity.

Trade# 8: Bull Call Spread to capture move upwards in Oil price

I opened a position in oil on NYMEX yesterday after a breakout to the upside.

Trade #7: Bull Call Spread to capture S&P move upwards

I opened a position in ES late yesterday to try to capture further upside as theta falls. If this were discretionary I probably wouldn't have opened it, but the technical set-up is there so I'm led by the data.

Nasdaq Futures contract closed in profit

Following the run up in the index, closing orders on the second Paper trade would have filled in profit. Obviously, I could have left this open and declared a greater profit, but I'm reporting the profit that I would have aimed for. As the NQ Futures Option Contract

S&P 500 Bull Call Spread closes in profit

Following the run up in the index, the Paper trade is showing a profit at which level closing orders would fill. Obviously, this could be left open and will probably fill at a greater profit tomorrow, but I'm reporting the profit that I would have aimed for, and

Paper trades to capture rising S&P500 and Nasdaq markets

I was away from my desk last week on vacation. There were some trades triggered which I did not trade. Estimating prices using Black-Scholes for last week to share here in case there is interest in future. 24/06/2025 BtO ES 10/07/2027 5950/6150 Call Spread for

Bull Call Spread to capture upwards move in oil price closed in profit

Events in the Middle-East drove the oil price up last week, and closing orders filled today 66.2% above opening price 10 days ago. Contract size for oil is 1000 barrels, so each contract earned USD1,470 profit.

Bull Call Spread to capture Nasdaq move upwards closed in profit

Following recent rise in price and fall in volatility, closing orders filled yesterday with 38.1% profit over 15 days. This neatly illustrates the geared effect of this trade structure. Underlying price moved from 21552 to 21845, which is an ungeared change of 1.4%. This trade produced 38.1%

Bull Call Spread to capture Dax move upwards closed at a loss

As the German stock market sold off, I closed this at a loss. I've been experiencing one loss in every 15 profitable trades, and whilst not ideal, there was an inevitability that one of the early trades publicised would close at a loss. As the DAX Futures Option

S&P500 Bull Call Spread closed in profit

Closing orders filled yesterday with 26.5% profit over 11 days. As the ES Mini Futures Option Contract has contract size of 50, each contract produced USD1,550 profit. This excludes commission, which is typically less than USD1 per contract.

Bull Call Spread to capture upwards move in oil price

I opened a position in CL (the oil future, traded on Nymex) on Friday after a breakout to the upside following a period of consolidation. Conviction is not as strong on oil as for the equity indices which are all showing unrealised profit.

transparent verifiable actionable options trades

Bull Call Spread to capture Dax move upwards

I opened a position in DAX 30 this morning after a breakout to the upside following a period of consolidation.

Bull Call Spread to capture S&P move upwards

I opened a position in ES (the S&P500 Mini Futures contract) last week after a breakout to the upside following a period of consolidation. With a spread of 175, maximum profit is 58 and maximum loss is limited to the cost of the spread, which was 117.

Bull Call Spread to capture Nasdaq move upwards

I opened a position in Nasdaq100 last week after a breakout to the upside following a period of consolidation. The breakout has been confirmed, and as volatility has fallen, I'm looking to take risk off by moving the long leg upwards.

Why you won’t find “If... then...” in my trade commentary

Too much commentary. Too little action. Here’s why I publish exact trades, not vague outlooks. Trading commentary often suffers from paralysis: “If price breaks X, then Y might happen. But if it fails and goes to Z…” The result? You do nothing. I don’t do that. This journal

Performance, Position Sizing, and the Role of Risk

How I measure performance, size trades, and control risk in a high-reward strategy. Performance claims in options trading are often vague or inflated. I try to be direct. All performance figures in this journal are calculated as: (Closing price – Opening price) ÷ Opening price This reflects raw return on capital at

Behind the Strategy: Technical Options Trading with a Quant Edge

I’m a financial analyst by profession, with a trading style shaped over two decades. My interest in options trading started at university, but like many, my early efforts were anything but successful. That changed when I focused deeply on volatility, margin, and risk management. The strategy I use today

Introducing a New Options Trading Journal; A fresh journal, a refined strategy — built on consistency, transparency, and real trades you can track.

After years of refining my approach, it’s time to share a new trading journal focused on breakout setups following consolidation. This builds on earlier work I’ve shared elsewhere, but it’s a cleaner, tighter strategy — ideally suited to this medium. I’ve moved away from some of the