First off, I’ve already broken my rules set out in post #1, so time to change that. Started the challenge with $50k on Jan 1. First trade was PAA calls, got bored on Monday and sold them for a small gain. Trade 2 was a ticker that cannot be named here. Saw volume increasing and though it could pop and decided to YOLO some short date options (broke my rule that options have to be at least a month or two out, but rules are meant to be broken). Got impatient today and sold them for a $10k loss.
THEN things got interesting. Was mad so I bought some 0DTE INTC and ORCL calls today and spun about $40k into $75k (that was dumb, never again).
Which brings me to LULU. They got hammered today because the Supreme Court tariff decision is delayed (we knew that would happen). LULU is already navigating a tariff world and doing just fine (see last earnings report). It’s in a clear uptrend since November and this thing will bounce. Feeling frisky so bought some calls that expire next week but majority in April 2026 calls with an earnings report before then. All $200 strike (no regarded OTMs).
Got lucky with some dumb trades but going to be better. Too much trading in too short of time. Next stop $100k with goal of $500k by year end.
