šŸ“ˆ My New Options Routine: Targeting $100/Week with Weekly Expiries

After some time exploring the world of options trading, I’ve decided to implement a structured routine that helps me trade consistently and improve gradually — without overtrading or getting emotional. My current goal is simple:

šŸŽÆ Close $100 in profit per week by buying options with staggered expiry dates — ensuring at least one contract expires each week.

I’ll be updating this blog every weekend with my trade summary and reflections — wins, losses, and lessons included.

    Rules and Commitments for myself:

    Staggered Expiry Dates
    Ensures I am not overexposed to one expiration week. It spreads out risk and keeps a consistent flow of activity.

    Weekly Closing Goal
    Targeting $100 per week is realistic for small accounts (e.g., $2k–$5k capital). It forces discipline and avoid overtrading.

    Routine Structure
    Having specific days for screening, buying, monitoring, and reviewing reduces emotional decision-making.

    Built-in Reflection & Adjustment
    Weekly blogging/logging for self-review, for improving.

    šŸ›  Tools I’m Using

    TypeTool NameUsage Description
    Charting & AnalysisChartNexusFor technical analysis, drawing setups
    Broker PlatformMoomoo App
    *Tiger Trade (for bot trading only)
    For placing trades, reviewing option chains, and managing open positions
    Trade LoggingGoogle SheetsTo log each trade’s entry/exit, profit/loss, notes, and track weekly performance (on Options only)
    Reflection & SharingThis Blog (running on WordPress)To document weekly results, track progress, reflect strategy used
    Back testing Strategy Moomoo Desktop App, Own Built Python scriptsTo backtest simple strategies
    Performance GraphingGoogle Sheets, Tableau Public (Free Version – https://public.tableau.com)For documenting backtest result
    Performance CreationCanva – https://www.canva.com
    Freepik – https://www.freepik.com/
    For image creation to use in blogs

      Final Thoughts

      This routine is my attempt to turn trading into a weekly ‘business‘, not a random gamble. It’s a mix of structure, learning, and personal growth — and I’ll share everything I learn, whether it’s a win or a tough loss.

      If you’re building a routine of your own, feel free to follow along or share your approach. Let’s grow together.

      Until next weekend —
      Stay consistent. Stay curious. Trade small.

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