December 2022

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