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.  

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


TICKERSTRIKE $CALL/PUTEXPIRY DATECURRENT $ITM/OTMPRICE MOVEMENT52 WEEK HIGH52 WEEK LOW
TSE:APH$13.005 PUTOct 19$19.15$6.15-$0.55$24.75$6.31
TSE:ACB$10.002 PUTOct 19$13.55$3.55$0.93$15.20$2.65
TSE:TD$77.502 PUTOct 26$74.15-$3.35$0.04$80.05$69.21
NVDA$242.50PUTOct 26$246.61$4.11$11.47$292.76$180.58
TSE:DOL$38.00PUTNov 16$38.45$0.45$0.45$56.67$36.70
FB$150.00PUTNov 16$153.46$3.46$0.10$218.62$149.02
MA$200.00PUTNov 16$203.75$3.75$9.27$225.35$140.61
TSLA$100.003 PUTNov 16$257.87$157.87$5.64$387.46$244.59
SQ$65.001 PUTNov 16$74.21$9.21$5.13$101.15$31.44
LMT$345.00CALL Dec 21$327.51$17.49$1.38$363.00$291.52
AAPL$215.00CALLFeb 15 '19$221.31-$6.31$6.86$233.47$150.24

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.