Monday, January 4, 2021
Wednesday, January 8, 2020
New Start: 2020
Near the end of 2018, market was taking a major dive. All the paper gains, I previously held were diminishing before my eyes. I panicked and sold off most of my holdings in my IB Margin account. That proved to be my worst downfall to date.
For 2019, I was like a walking zombie literally as I had a young colicky baby who woke up every 2-3 hours each night and a rumbustious toddler to test my patience. I was not active in the market at all. I missed out on a stellar market rally.
Boohoo, this is my sad stock story. But I am determined to start a fresh and get back into the swing of things. My RRSP (27.64%) and TFSA (38.07%) has been growing steadily as I have left most of my stocks alone. IB Margin (-32.85%) is in the negative (OUCH) as I have withdrawn cash to fund other commitments.
Could 2020 be a record year again? Or could it deflate again and I can catch my footing again?
Time will only tell.
For 2019, I was like a walking zombie literally as I had a young colicky baby who woke up every 2-3 hours each night and a rumbustious toddler to test my patience. I was not active in the market at all. I missed out on a stellar market rally.
Boohoo, this is my sad stock story. But I am determined to start a fresh and get back into the swing of things. My RRSP (27.64%) and TFSA (38.07%) has been growing steadily as I have left most of my stocks alone. IB Margin (-32.85%) is in the negative (OUCH) as I have withdrawn cash to fund other commitments.
Could 2020 be a record year again? Or could it deflate again and I can catch my footing again?
Time will only tell.
Wednesday, October 17, 2018
BOUGHT 1 $MSFT Jan18'19 110 CALL @ 5.88
My IB portfolio has been pretty volatile from day to day since the beginning of October. One day gains have been wiped out by the next day or two. I shouldn't be looking that closely to it. I haven't really adjusted any of my short PUT options, but some are ITM like short 2 PUT on $TD.TO. I wouldn't mind getting assigned and selling covered calls on them. But of course, I would be buying them at almost 52 weeks highs.
I need to be more active in the markets to make more money. Usually, I sit on the sidelines just watching... yesterday, I was very well tempted with making a play for $NFLX earnings. But of course, I hesitated and didn't make an option play.
Today, I am itching for a play. A play that hopefully will double my money. I bought a long CALL on $MSFT before their earnings on October 24th. Hopefully, my bet will be a good one and I can reap some rewards in it. Of course, I usually sell prematurely on my CALL plays... I hate losing my premiums and want to lock in my gains.
I need to be more active in the markets to make more money. Usually, I sit on the sidelines just watching... yesterday, I was very well tempted with making a play for $NFLX earnings. But of course, I hesitated and didn't make an option play.
Today, I am itching for a play. A play that hopefully will double my money. I bought a long CALL on $MSFT before their earnings on October 24th. Hopefully, my bet will be a good one and I can reap some rewards in it. Of course, I usually sell prematurely on my CALL plays... I hate losing my premiums and want to lock in my gains.
Tuesday, October 16, 2018
ACB.TO & APH.TO down today, Oct 16, 2018
This may be done prematurely as I currently have PUTS expiring on both stocks for Oct 19, 2018, but they are OTM for now.
ACB.TO & APH.TO were down today. So I decided to sell some more PUTS on them.
SOLD 2 APH TSE Nov16'18 13 PUT @ 0.5
SOLD 3 ACB TSE Nov16'18 9.5 PUT @ 0.4
Friday, October 12, 2018
Massive Sell Off - Oct 10-11, 2018
Market correction in its wake? What a roller coaster ride October has been. I sold a few out of the money PUTS just before the massive sell off when I should have bought PUTS, but I didn't see it coming. Currently, I am still holding all my short PUTS. A lot of them are underwater right now deep in red. I am hoping today is the start of the market rebounding. But we could see more red days than not in the coming weeks or months perhaps?
Oct 3rd, I reached my all time highs in my IB portfolio of $205k! I am very heavily weighted in US tech stocks particularly in $AAPL. But the market decided to turn its ugly heads. I know a lot of people took advantage of the drop by shorting stocks and long PUTS. But I was stunned and I froze like always... I didn't watch the blood bath. I only looked at my portfolio at the end of day and saw the big losses that had incurred. Luckily, I have a lot of margin room to not get a margin call... and most of my short PUTS are expiring on Nov 21st.
Current Option Plays as of Oct 12, 2018
Oct 3rd, I reached my all time highs in my IB portfolio of $205k! I am very heavily weighted in US tech stocks particularly in $AAPL. But the market decided to turn its ugly heads. I know a lot of people took advantage of the drop by shorting stocks and long PUTS. But I was stunned and I froze like always... I didn't watch the blood bath. I only looked at my portfolio at the end of day and saw the big losses that had incurred. Luckily, I have a lot of margin room to not get a margin call... and most of my short PUTS are expiring on Nov 21st.
Current Option Plays as of Oct 12, 2018
Wednesday, October 3, 2018
SOLD 1 $DOL.TO Nov16'18 38 PUT @ 0.65
June 30th 3:1 split to $52.86/share
Today's trade: Oct 3, 2018
DOL.TO trading at $39.74 per share
Premium collected $65 CAD minus $1.50 commission fee.
If DOL.TO is trading below $38.00 per share, I will be assigned 100 shares with an average price of $37.35 per share. If DOL.TO is trading above $38.00 per share, I will pocket 1.71% from this trade.
Today's trade: Oct 3, 2018
DOL.TO trading at $39.74 per share
Premium collected $65 CAD minus $1.50 commission fee.
If DOL.TO is trading below $38.00 per share, I will be assigned 100 shares with an average price of $37.35 per share. If DOL.TO is trading above $38.00 per share, I will pocket 1.71% from this trade.
Saturday, September 29, 2018
Trades on Sept 24th-28th
Trade on Sept 24th
SOLD 1 NVDA Oct26'18 242.5 PUT @ 2.53
Trade on Sept 28th
SOLD 1 FB Nov16'18 150 PUT @ 2.18
SOLD 2 TD TSE Oct26'18 77.5 PUT @CDE @ 0.61
SOLD 3 TSLA Nov16'18 100 PUT @ 1.34
I've been busy at work lately, but I managed to sneak in some trades during my morning work hours. I always seem to miss the boat on $NVDA. Friday, it jumped 5%... at least I sold a PUT for some premium earlier in the week. Now, it's way OTM.
Thursday night, I noticed that Elon Musk was being sued by the SEC over an alleged Tweet on going private. Shares took a tumble on Friday by 13.9%... I took this opportunity to sell very safe OTM puts on $TSLA. Looks like Elon Musk pulled a quick settlement by paying the SEC $40 million dollars and stepping down as Chairman of Board but he will still remain CEO. With this new, shares should jump back up after the initial scare and I should pocket an easy $402 in premiums within time.
SOLD 1 NVDA Oct26'18 242.5 PUT @ 2.53
Trade on Sept 28th
SOLD 1 FB Nov16'18 150 PUT @ 2.18
SOLD 2 TD TSE Oct26'18 77.5 PUT @CDE @ 0.61
SOLD 3 TSLA Nov16'18 100 PUT @ 1.34
I've been busy at work lately, but I managed to sneak in some trades during my morning work hours. I always seem to miss the boat on $NVDA. Friday, it jumped 5%... at least I sold a PUT for some premium earlier in the week. Now, it's way OTM.
Thursday night, I noticed that Elon Musk was being sued by the SEC over an alleged Tweet on going private. Shares took a tumble on Friday by 13.9%... I took this opportunity to sell very safe OTM puts on $TSLA. Looks like Elon Musk pulled a quick settlement by paying the SEC $40 million dollars and stepping down as Chairman of Board but he will still remain CEO. With this new, shares should jump back up after the initial scare and I should pocket an easy $402 in premiums within time.
Subscribe to:
Posts (Atom)