We put on a Bull Put Spread on PANW SELL -10 TO OPEN PANW 29Dec23 (wkly) 295 PUT 2.79 1.18 LMT BUY 10 TO OPEN PANW 29Dec23 (wkly) 290 PUT 1.61 CREDIT 29Dec23 weeklies will expire in 11 days and we do not think prices will go below $295 (currently at $308.20 and no earnings …
We put on a Bear Call Spread on TXN SELL -10 TO OPEN TXN 17 Feb 23 185 CALL 0.88 0.53 LMT BUY 10 TO OPEN TXN 17 Feb 23 190 CALL 0.35 CREDIT Feb monthly call expire in 18 days and we do not think prices will cross $185 (currently at $173.50 and earnings …
Sold an Iron Condor on OIH SELL -10 TO OPEN OIH 17 Feb 23 280 PUT 1.11 0.28 LMT BUY 10 TO OPEN OIH 17 Feb 23 275 PUT 0.83 CREDIT SELL -10 TO OPEN OIH 17 Feb 23 370 CALL 0.82 0.25 LMT BUY 10 TO OPEN OIH 17 Feb 23 375 CALL 0.57 …
TRACKER PortfolioStarted with $1,000Ended with $1.000.0% return. There were no trades done in this portfolio. INCOME PortfolioStarted with $60,000Ended with $59,460–0.90% return. There was 1 trade done in this portfolio. TRADING PortfolioStarted with $30,000Ended with $32,0006.67% return. There was 1 trade done in this portfolio. SPECULATION PortfolioStarted with $9,000Ended with $9.000.0% return. There were no …
Breakeven on this covered call trade was $61.23.The $62 sold call expired worthless on friday as XRT closed at $61.72.However, over the weekend, a dividend of $0.544 per share was distributed resulting in the price of XRT going down on monday by that much amount. Also momentum carried it down further to close the day …
VLO closed friday at 118.25 which was below our short strike of $125, so we collected the entire premium without needing any adjustments. This trade returned 19% ROI ie $2,000 on a cash layout of $10,500.
This is a covered call position on XRT which is a retail sector ETF.Plan is to hold it for a short period and we are OK if it gets called out.
Sold a bear call vertical on VLO So, a potential to make $0.80 x 25 contracts ie $2,000 on a cash layout of $10,500.Which is a potential max return of 19% on the trade if VLO remains below 125
SPY is down YTD around 13% excluding dividends. There has been no clear upside during the last 6 months, though we are now seeing some signs that various stocks might be bottoming out. We have remained out of the market. but see an opportunity to enter with some positions soon, especially in the Income portfolio.
SPY ended 2021 at 474.96 We are starting 2022 by investing in a new portfolio with $100,000 capital. Aim is to beat SPY performance by 5 basis points by year end.