Stock Market Trade Review: An Exemplary Week from 8/21 to 8/25

Trade Review for week of August 21st


The week of August 21 to August 25 was an exceptional one for the trading community. With eight trades executed, seven of them resulted in solid profits, and only one led to a loss. These trades were all alerted in real-time, either in the Discord room or through live voice for Friday. Below is a breakdown of each trade, strategies used, and some general observations. This could serve as a valuable insight into how one can trade successfully in the stock market.

Trade Details: Profits and Losses

$AMZN: A Strong Start to the Week

  • Date: 8/21/23
  • Type: Call option
  • Expiration: 25AUG23
  • Strike: $135
  • Gain: 22.16%

The week started on a high note with a call option on Amazon ($AMZN) that led to a remarkable 22.16% gain. The strike price was strategically chosen based on strong support levels and bullish signals from the technical indicators.

$HD: Beating the Blues

  • Date: 8/22/23
  • Type: Puts option
  • Expiration: 25AUG23
  • Strike: $322.50
  • Gain: 20.76%

Following the momentum, a puts option on Home Depot ($HD) was executed with a 20.76% gain. The trade was informed by a breakdown below key support levels and bearish momentum.

$QQQ: A Winning Streak

  • Date: 8/22/23
  • Type: Call option
  • Expiration: 22AUG23
  • Strike: $364
  • Gain: 67.27%

The next trade was a call option on $QQQ, resulting in a whopping 67.27% gain. The strike and expiration were perfectly timed to capture the bullish momentum.

$QQQ: A Minor Setback

  • Date: 8/23/23
  • Type: Puts option
  • Expiration: 23AUG23
  • Strike: $366
  • Loss: 27.78%

Despite the winning streak, it’s important to acknowledge the single loss in the puts option on $QQQ, leading to a 27.78% reduction. Even the best traders have off moments, and this serves as a reminder to constantly refine one’s strategy.

$TSLA and $QQQ: Recovering Gracefully

  • Dates: 8/23/23 & 8/23/23
  • Gains: 33.33% and 24.73%

After the minor setback, the focus shifted back to Tesla ($TSLA) and $QQQ. Both trades were call options that fetched gains of 33.33% and 24.73% respectively, reinstating confidence in the trading plan.

$TSLA and $QQQ: Ending on a High

  • Dates: 8/25/23 & 8/25/23
  • Gains: 13.64% and 60%

The week was closed out with yet another trade on Tesla ($TSLA) and $QQQ, with gains of 13.64% and 60% respectively. These were well-timed trades that benefited from market volatility and strategic positioning.

Lessons and Takeaways

  1. Diversification: Trading across various stocks and sectors ($AMZN, $HD, $QQQ, $TSLA) can mitigate risks.

  2. Adaptability: The ability to profit from both call and puts options illustrates the importance of being adaptable to market conditions.

  3. Timing is Everything: Options trading is highly time-sensitive, and a good understanding of expiration dates is crucial.

  4. Embrace Losses: A single loss shouldn’t define your trading strategy; it’s a part of the game and offers valuable lessons.

Conclusion: Keep Calm and Trade On

The week of 8/21 to 8/25 was an excellent example of how, with the right strategy, timing, and execution, one can make substantial profits in the stock market. While no strategy guarantees 100% success, consistency and learning from both wins and losses are key to becoming a more successful trader.

Remember, the journey of a trader is filled with ups and downs, but with the right mindset and approach, the sky’s the limit.

Happy Trading!

Disclaimer: Trading involves a high level of risk and may not be suitable for all investors. Please consult with a financial advisor before making any trading decisions.

Leave a Comment

Your email address will not be published. Required fields are marked *

Subscribe to the Weekly Watchlist

Weekly Options Watchlist, delivered every Sunday for Free.