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2021 Week 1 results

I used to post weekly results about my trading. It is a time-consuming effort but my goal is to show other investors and traders who are learning that it can be done. I will strive to keep posting throughout the entire year every week no matter what the results will be. My goal is to show my screw-ups as well as my successes in trading options.

Account Value: $22,458.68 +$1,886.33 +9.17%
Options Premiums Received: $1,232.00
January 2021 Options: $1,232.00
Options Premiums YTD: $1,232.00
Dividends Received: $41.50
January 2021 Dividends: $41.50
Dividends YTD: $41.50
Portfolio Yield: 3.36%
Portfolio Dividend Growth: 5.77%


In January we have received $1,232.00 in options credits income. It is a good income for a week. But I have to note that although I am mostly a premium seller I from time to time buy options, for example, LEAPS. When LEAPS are purchased, it will be shown as debit and reduces credits received. It may look like a loss but it is not. I am looking for easy ways to separate these purchases from accounting and include them only after a trade is closed. Since I use data downloaded from my trading account and do not do this manually, I need to figure out how to do it automatically. Doing this manually would not be feasible for me.

TW Account Net-Liq

TW Account holdings

The table above shows our current holdings and gains on those holdings. Adjusted columns indicate how options help to boost (or ruining) our stock holdings appreciation, or in other words, lowering the cost basis. Without options, our holdings would be up 8.05% with options, our holdings are up 10.83% (from inception on 4/1/2019). The SPX is up 31.49% since inception. So our stock holdings do not beat the market. We beat the market thanks to trading options and generating additional income.

TW Account holdings YTD

TW Options Income week 1

TW Options Annual Income week 1

TW Received vs Projected Dividends week 1

The first week of 2021 started well. Let’s hope, it will continue that way.

However, I am now raising cash (investing it into the ICSH fund). The reason behind it is that I am expecting a correction in the market. I do not know when it happens but it will. We have about two to four corrections a year every year. The only exception was 2017 when we had none. If that happens, I want to have cash on hand to survive potential assignments (although I believe I should be able to roll my positions as needed, just in case I won’t be). But most importantly, to be able to buy more shares when they will be on sale when everybody else is panicking.

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