Options trade journal

Every open position, every closed trade, and what to do next.

Portfolio action plan — the big picture

What the whole book needs today, before any single position. Individually sensible trades can still add up to one oversized bet, and no single ticket will tell you that. Position-by-position instructions are under Open positions.

01

Portfolio performance

Realised P&L from closed option trades, matched FIFO and multiplied by the 100-share contract size. Open positions are marked separately so nothing here depends on an unrealised mark.

Equity curve and drawdown

Cumulative realised P&L on the starting equity base. The shaded band underneath is the drawdown from the running peak.

Equity Drawdown from peak

Monthly P&L

Sixty months of realised results. Consistency matters more than any single month.

P&L by year

Where the drawdown landed, and what changed afterwards.

Monthly heatmap

Every month of the five years. Hover any cell for the detail.

02

The expiration cycle board

Every open position sorted by days to expiration, so the question "what needs attention this week versus next" has a visual answer. Each tile shows how far the position has travelled toward the 80% profit target and the decision it is asking for. Click any tile for the legs.

Position timeline — opened to expiry

Each bar runs from the day the position was opened to the day it expires. Solid is time already spent, faded is time left.

Bar colour: winning Bar colour: losing NOW — solid left, faded right is what remains Dashed grey — already expired, still in the snapshot DTE chip: 0–3 4–7 8–14 15–30 31+
Assignment risk — short leg in the money inside 7 DTE Tested — price within 5% of the short strike Roll candidate — 45%+ of max profit with 14+ DTE left Earnings before expiry Amber tick on a bar — the 80% profit target
03

Position lifecycle — active, closed, assigned

The wheel does not end when an option does. A short put that settles in the money becomes 100 shares, and those shares are still a position with a cost basis, a drawdown and a call to write against them. Switch between the three states an option in this book can be in.

Open option positions

Shares held

How closed trades ended

Every closed trade grouped by its exit reason. The exit rule is the strategy, so the shape of this list is the strategy actually being run — not the one on paper.

The full table lives in section 08. Open the closed trade journal to search, filter by year, strategy or outcome, and click any trade for its legs and a written read on how it ended. It is not duplicated here: shipping a second copy of every closed trade would roughly double the size of this page.

Assignment events

One card per time an option turned into stock. moomoo's deal feed carries no assignment flag, so some of these are deductions from fills and portfolio snapshots rather than confirmed facts — those are marked INFERRED. Anything not matched straight from a closed trade shows the reasoning that produced it on the face of the card.

Source
Status
04

Active book and concentration

Strategy families, sector exposure and net greeks across the open book. Six short-delta positions in correlated names is one position, and this is where that shows up before the market gaps.

Open risk by strategy family

Share of capital at risk, not share of position count.

Open risk by sector

Correlated underlyings test at the same time.

Open positions

Marked to mid, as a broker statement would. Click a row for the legs.

05

Where the edge actually is

The same strategy can be a business in one universe and a slow leak in another. These are the cuts that change how capital gets allocated next month.

By underlying type

The cut that usually matters most for premium sellers.

By strategy

Expectancy per trade is the number to rank on, not win rate.

By days to expiration at entry

Which part of the curve pays you for the risk.

By implied vol change

Direction or vol — which one is actually costing you?

By how it ended

The exit rule is the strategy. This is the proof.

P&L distribution

A short-premium book should look exactly like this: a tall stack of small wins and a thin left tail. The tail is the whole game.

By hold time

Do longer holds pay, or just accumulate risk?

Most traded underlyings

Where the volume went, and whether it was worth it.

06

Best and worst trades

Opening premium against closing premium, and a plain-English read on why each one ended the way it did.

Top 5 winners

Top 5 losers

07

Action plan

Generated from this journal, not from a template. Every finding below cites the trades that produced it, and every action is something you can do before the next open.

08

Closed trade journal

Every closed trade from every year, winning and losing. Pick a year to see what that year actually looked like, then search, filter and sort; click any row for the full ticket including the legs and a written read on the outcome.