This past trading week felt like riding a rocket with no seatbelt — high risk, wild swings, and some hard-earned lessons. While the week started with pain (shoutout to NVDL…), I clawed back some green with smart moves in SOXL, RDDT, and TSLL. Plus, I built a long-term RDDT position I believe will age like fine wine.
Let’s break it all down:
๐ป The Hit: NVDL Put Blow-Up (4/14)
-
Play: $34 PUT (Exp: 4/17/25)
-
Contracts: 2
-
Entry: $170
-
Exit: $708
-
๐ P/L: -538
I expected a dip in NVDL, but volatility ripped the other way. Exited late and paid the price. That trade hurt — both financially and mentally.This was due to NVDA announcing 5.5 Billion in charge/
Lesson: Don't hold and hope. React fast, manage risk, and respect premiums.
✅ Quick Turnaround: RDDT and SOXL Prints (4/14–4/15)
-
RDDT $92 PUT (Exp: 4/17)
-
Entry: $160 | Exit: $2
-
๐ฐ Profit: +158
-
-
SOXL $9 PUT (Exp: 4/17)
-
Contracts: 5 | Entry: $150 | Exit: $20
-
๐ฐ Profit: +130
-
RDDT was a clean snipe. Took advantage of overbought conditions, scalped nicely, and bounced back quickly from the NVDL loss. SOXL followed suit — quick in, quick out.
Lesson: Momentum trades work best when you trust your levels and take profits fast.
๐ฎ TSLL Swing Calls (4/8–4/9)
$10 Call (4 contracts) – Entry: $200 | Exit: $56 | Profit: $144
-
$10.5 Call (3 contracts) – Entry: $165 | Exit: $102 | Profit: $63
-
$11 Call (1 contract) – Entry: $50 | Exit: $15 | Profit: $35
๐ Conviction Play: RDDT Leap (4/8)
-
RDDT $210 CALL (Exp: 1/16/2026)
-
Entry: $500 | Exit: $400
-
realized P/L: +100
-
This is the one I’m holding long. RDDT has strong narrative momentum, potential AI integrations, and user-generated data leverage. I'm fine with some short-term volatility on this leap.
Lesson: Leap options give you breathing room for big-picture conviction plays. No need to scalp everything.
๐ Weekly P&L Summary
Date | Symbol | Type | Strike | Expiry | Entry | Exit | P/L |
---|---|---|---|---|---|---|---|
4/14/2025 | NVDL | PUT | 34 | 4/17/2025 | 170 | 708 | -538 |
4/15/2025 | RDDT | PUT | 92 | 4/17/2025 | 160 | 2 | +158 |
4/14/2025 | SOXL | PUT | 9 | 4/17/2025 | 150 | 20 | +130 |
4/9/2025 | TSLL | CALL | 11 | 5/2/2025 | 50 | 15 | +35 |
4/9/2025 | TSLL | CALL | 10 | 4/25/2025 | 200 | 56 | +144 |
4/8/2025 | TSLL | CALL | 10.5 | 4/25/2025 | 165 | 102 | +63 |
4/8/2025 | RDDT | CALL | 210 | 1/16/2026 | 500 | 400 | +100 |
--------- | |||||||
Net P/L |
๐ Final Thoughts
Despite the early blow-up on NVDL, I’m proud of how I bounced back. I kept trading small, stayed focused, and managed to turn the red into something manageable.
Which trade stood out to you the most? Share your April P&L wins and losses in the comments!
No comments:
Post a Comment