Day 50

Market Recap

The market was relatively flat today.

• SPY moved up by approximately 0.63%.
• QQQ remained unchanged.

Trading Update

Last week, I wrote that:

"The LEAPS take far too long to go in green and I keep making mistakes in rolling them out. So they are not suited to my trading style. I almost feel it is time to not fight that fight and instead just focus on Selling the 45 DTEs Puts or Diagonals or Vertical Spreads."

I finally got tired of watching the LEAPS lose value, so I closed them down:

• Sold MSFT Call (12/19/2025) at a 16.7% loss.
• Sold GOOGL Call (1/16/2026) at an 11.4% loss.

With some of the released cash, I sold a new put:

• Sold SOFI 5/16 $11 Put (~35∆), receiving a premium of $104.

Portfolio Status

• Today's Change: -7.86%
• Year-to-Date (YTD): -19.68%
• All-Time: -32.36%
• YTD Comparison:
  • SPY: -5.57%
  • My Portfolio: -19.68%

Here are the open positions.

Trade History

Here are my last 20 trades:

Plan for Tomorrow

As I wrote last week, I was already thinking to double-down on my winners, so that is what I am going to focus on the next few days and weeks.

I also opened another trading account, this time on tastytrade, funding it with $1,000. I haven’t made any trades there yet, but I will integrate it into the portfolio updates once I figure out an efficient way to do so on a continuous basis.

So what is the key takeaway from the first 50 days?

One thing is clear: LEAPS are not for me. The lesson has been costly, but I didn’t have to pay for a tutor or trading course - just real-world experience (sure, at the expense of losses!).

I am feeling really tired and anxious about losing more after a few continuous down weeks. But at the same time, I am proud that I’m still hanging in there.

Stay foolish! See you tomorrow!

📌 Disclaimer: Nothing on this site is financial advice—I’m just here to entertain! Here’s my introduction, my trading philosophy, and some ground rules.