1/5/26 Recap

The SPY broke a small downtrend this morning and is now sitting over the 8 ema and in a good spot especially if it can take out those 691.66 highs from last week. We had an ISM miss this morning but right now it seems like the market isn’t worried about much as we wait for earnings season to kick off here shortly. It’s a new year, people are deploying money into new positions, I logged more 10,000 lots today than I can ever remember, and there isn’t much to say as we are cruising over all the key moving averages for now. Just keep your eye on that 21 ema at 683.34 right now, we’ve only seen the daily close under there once in the last month but as long as we’re over it you should be pressing longs.

My Open Book

I posted my book last week in that email I sent out, on the last day of the year I ended up making a few slight changes just for tax purposes, taking some losses, rolling to short puts/calls and this is what I have right now, same names just small adjustments. So I adjusted alot of the commons I had to clear up room for the margin the put sales required. For those who do care, I do post all this in the live part of the discord right when I place them but as you know I didn’t write a recap after that post. Overall this year I don’t think I will be as aggressive as the past, I’m happy with where my book has grown to post tax and now I’m going to try a mix of selling puts for income and making a couple longer term bets with risk reversal/ratios.

Trades I Added