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 faster-paced trading I’ve done in the past. The focus here is on options on equity index, treasury, and oil futures, using simple debit spreads to capture directional moves post-breakout. Duration is slightly longer, allowing me to document trades more effectively.

Expected profits per trade are modest but consistent, and backtesting shows a high Sharpe Ratio, low drawdowns, and a stable equity curve. Naturally, having declared that publicly, I expect the first few trades to go badly!

Trades will be initiated 12–20 days before expiry (DtE) and are typically closed out within 6–12 days. The spreads usually provide a profit of 20–35% on cost.

I’ll be transparent with each trade — ticker, strike, expiry. Full detail, no ambiguity.