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Archive for 2022

Posted by Martin April 23, 2022

2022 Week 16 investing and trading report

Once again I was surprised with our options trading results this week. I expected a positive return but only around $1,000 dollars. So receiving $3,108 in options premiums was a nice surprise that offset the horrible account balance results. Our net-liq dropped significantly again and we pretty much erased all last year’s gains. But the Continue reading →

Posted by Martin April 23, 2022

2022 SPX put credit spreads trading review – week 16

Our SPX PCS strategy finished up by 24.27% while SPX lost -2.75%. Last week was a horrible week. The market lost over 5% in two days based on fear of the FED raising rates “too aggressively”. But our account was up significantly. But there is nothing much to celebrate. All I was doing was adjusting Continue reading →

Posted by Martin April 20, 2022

Netflix (NFLX) isn’t dead despite Wall Street’s gloom and doom

Netflix (NFLX) reported a decline in subscribers in the second consecutive quarter. And Wall Street is panicking and predicting the end of the company. Everybody – Youtubers, talking heads on CNBC, Facebook, Reddit is now bearish and talking about the gloom of Netflix being dead. Everybody has a solution now and everybody knows what to Continue reading →

Posted by Martin April 16, 2022

2022 Week 15 investing and trading report

I expected my options trading last week to be a disaster, so I was quite surprised that I could achieve positive returns and brought in over $600 in premiums. Of course, compared to premiums received in the previous months or during 2021, this is a mediocre result (and it is an overstatement). But given the Continue reading →

Posted by Martin April 16, 2022

2022 SPX put credit spreads trading review – week 15

Last week,the SPX PCS strategy finished down by -0.50% while SPX lost -2.13%. It was because we didn’t trade much. Our strategy is directional and we trade to the upside. When the market is bad, we stay away. From time to time, we take a bearish position (credit call spread) but in this market, it Continue reading →

Posted by Martin April 11, 2022

What’s with the AT&T (T)?

Wow, AT&T (T) crashed this morning more than 25% after the spinoff was finalized over the weekend. But then, the media told you that AT&T rallied almost 8% after the spinoff.     So, what is wrong with this chart? How can the stock open below $19 a share when it closed above $23 a Continue reading →

Posted by Martin April 09, 2022

2022 Week 14 investing and trading report

Our options trading was slow last week. We just adjusted our trades to keep them safe. Many of these trades were debit trades offsetting the credit ones. However, I was aggressively buying dividend and growth stocks and I feel really good about it as I think I bought at a good value. Our net-liq dropped Continue reading →

Posted by Martin April 09, 2022

2022 SPX put credit spreads trading review – week 14

Last week,the SPX PCS strategy finished up by +5.87% while SPX lost -1.27%. Our overall SPX account is up +123.11% since the beginning of this program. However, we still have -$3,035 in unrealized losses. At some point we will have to work hard to offset those losses. We are also slightly adjusting our trading strategy Continue reading →

Posted by Martin April 05, 2022

The end of PCBT

Now it is official. After a few delays, the MTB bank took over the PBCT bank. The PBCT bank was my darling and stock I started buying in the early days of my account rebuilding process. Little by little I was buying a few shares here and there until I reach 100 shares. Then I Continue reading →

Posted by Martin April 02, 2022

HFEA March 2022 strategy report

In March our HFEA strategy continued underperforming thanks to our position in TMF. The bond fund continued struggling. It became a victim of the FED’s tightening and reducing its bond purchasing program. Bonds tanked. But I decided to change my allocation and increase my position in SPXL when rebalancing the portfolio this month. Originally, I Continue reading →