Day 31

The market moved sideways today but ended a bit lower than yesterday. SPY moved down by ~1.2% and QQQ moved down by ~.3%.

Trading Update

• I freed up some capital by closing the following positions:
  • 1 NVDA 4/17 Straddle for +3.6% profit.
  • 10 KO 3/28 Puts.
  • 1 AAPL 3/21 Put.
• The KO Put was a play for post-earnings week. It did not quite pan out as I expected, but I did not lose any money on it (made a tiny change, $10).
• The AAPL Put was a hedge, I closed this one and kept the other (higher strike) one open.

Portfolio Status

The account ended slightly higher today (+2.43%), propped by slight increases in my open LEAPS.

Here is the status of my open trades at the end of the day today.

Notice the AAPL Put, +114.14%, and yet I keep it open. Why? Because that one was opened with an intent for a 500-1000% gain, not just 100%. Read here for the day I opened the trade, where an A.I. model advised me on what strategy to use for a hedge.

Here is a Year to date view of the portfolio. YTD is fighting to stay green!

Trade History

Here are the last 20 trades I made. Updated LEAPS with today's amount and now my Net Profit/Loss shows the right status. Theoretically, if I closed my LEAPS today, I will have a net loss since I started documenting trades here.

Speculation Zone

After all the dance on closing positions, I now have about $4K to play with. It was foolish, i.e., on-brand, for me to lock so much of my capital away on the MSFT LEAP - the current market is so ripe for selling options.

I will look to see if there is anything at all that I can sell options for. If not, I may take a risk with another spread.

Disclaimer - Nothing on this site is financial advice, I aim to entertain!