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Posted by Martin February 26, 2022

2022 Week 08 investing and trading report

Last week, the markets trading staged a big reversal, perfectly according to “sell the rumor, buy the news”. When Russians attacked Ukraine, markets finally rallied (no matter how cynical it is). Unfortunately, these large swings gave us hard time because, first, we had to roll our trades down, and after a strong reversal, we had Continue reading →

Posted by Martin February 26, 2022

2022 SPX put credit spreads trading review – week 08

Last week was difficult to trade SPX spreads. As the market was dropping and speeding up in declining, I started reversing and adding credit call spreads to neutralize the put spreads and collect premiums to offset the cost of rolling the puts. But the market reversed sharply and rallied hard on Thursday and Friday and Continue reading →

Posted by Martin February 19, 2022

2022 Week 07 investing and trading report

Last week, the markets were weak on fear of inflation, interest rates, and Russian aggression, and our trading was all about adjusting our existing strangles. But on Thursday and Friday, it all went downhill again. We adjusted more to the downside so we prepare for more selling. These adjustments delivered nice cash we used to Continue reading →

Posted by Martin February 19, 2022

2022 SPX put credit spreads trading review – week 07

Another difficult week is behind us, yet our SPX trading showed nice profits and growth. But it is not as rosy as it may seem from today’s report. We have a few put spreads in the money we will be rolling and these rolls will generate losses. Yes, we are selling credit call spreads to Continue reading →

Posted by Martin February 12, 2022

2022 Week 06 investing and trading report

Last week was truly bad. Our net-liquidating value got hit hard, partially because of buying beaten-down tech stocks like PayPal, Tesla, or Netflix and they got beaten again. But it is a temporary drawdown of our investing and trading and I expect it to recover when the market stops freaking about interest rates and Ukraine. Continue reading →

Posted by Martin February 12, 2022

2022 SPX put credit spreads trading review – week 06

Last week’s market was horrible. The new rally was rejected and the markets lost yet our SPX strategy gained. The gain is however in danger if this market continues freaking out about already known things (nothing that sent the market down was unknown). If the market continues lower, we will be adding call spreads and Continue reading →

Posted by Martin February 05, 2022

2022 Week 04 investing and trading report

The first week of February was a week of recovery. The stock market bounced from the lows and our investing and trading bounced up too. At the end of the week, we saw a pullback that had an impact on our stocks too, but overall, we performed well. If the stock continues higher next week, Continue reading →

Posted by Martin February 05, 2022

2022 SPX put credit spreads trading review – week 05

The market is truly treacherous as some people out there say. The SPX went down hard just to be bought back the same day and erased all previous losses. Trading in this environment is extremely difficult. That’s why I am happy to have my strategy trading SPX credit spreads. It is based on combining several Continue reading →

Posted by Martin January 29, 2022

2022 Week 04 investing and trading report

January is over and it was a difficult month for our investing and trading. Our account got slammed a lot but we were not taking any losses. The net-liq was going down as our stock positions were losing value and our options were gaining value due to increased volatility. We closed some of our positions Continue reading →

Posted by Martin January 29, 2022

January 2022 $100 Challenge account review

January 2022 was a rout and our account got hammered by volatility. It is an unfortunate result of trading a small account. Our challenge account is now underperforming SPX and our goal. But I see it positively in the near future.   Accumulation phase   The account is underperforming our goal but it is on Continue reading →