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Posted by Martin October 01, 2020

#003 Trades opened today

We have added a few more trades today to our accounts:   Sold 1 PPL Nov20 30 call for +0.22 credit Bought 1 T shares @ 28.50 Bought 1 ICSH shares @ 50.55 Sold 1 TSN Oct16 63.5 call for +0.25 credit Bought 1 T shares @ 28.52   Since we have reached 100 shares, Continue reading →

Posted by Martin September 30, 2020

#002 Trades opened today

We have added a few more trades today to our accounts:   Bought 10 PPL shares @ 27.08 Roll 1 IWM Oct9 150 call to Oct23 152.50 call for 0.21 credit   We bought 10 more shares of PPL reaching our goal of 100 shares in our account #1. Now we will start accumulating AT&T Continue reading →

Posted by Martin September 28, 2020

#001 More trades opened today

We have added a few more trades today to our accounts:   Roll 1 IWM Sep30 148 call to Oct9 150 call for 0.53 credit With the market renewed rally, we had to roll our IWM trade once again. We rolled it into the next week’s expiration and 150 strike. With the rally, we may Continue reading →

Posted by Martin September 28, 2020

Bought 5 PPL shares @ 26.64

We added a few more shares raising our holdings to 85. Once again, our goal is to reach 100 shares so we can start selling covered calls or covered strangles, or what have you to further monetize our position and receive more income than just the dividends.

Posted by Martin September 27, 2020

Updating our stocks and options holdings review

For some time I was neglecting updating our stock and options holdings on this blog. Most of the time, I was updating these positions on Facebook but since I decided to leave Facebook for good, I returned back here and will be updating our positions in this blog again. I manage four (4) accounts of Continue reading →

Posted by Martin September 27, 2020

Don’t waste money on $4,000+ seminars with bites for more $$$ seminars

Don't waste money on $4,000+ seminars with bites for more $$$ seminars

Just now, I have come across an announcement on Youtube about a never ever before and never ever in the future offered trading seminar with pre-lockdown and post-lockdown prices… “literally you get 50% off”… So I went to the website, announcing such a great deal, to check those pre-lockdown and after-lockdown, never seen prices, and Continue reading →

Posted by Martin September 23, 2020

Bought 14 PBCT shares @ 10.29

We added 14 shares of PBCT stock to our holdings in the account #1 and we have reached 100 shares in this account. We will now start selling a covered strangle against this position (covered calls and cash-secured puts) to lower our cost basis. Our current cost basis is $10.86 and we hope to be Continue reading →

Posted by Martin September 21, 2020

Selling covered calls below cost basis

This post is about my view on selling covered calls below the cost basis of your stock (stock purchase price) when overwriting your portfolio. Is it a problem or a betterment to your portfolio? Other implications, such as taxes.   I have seen investors expressing their concerns when the markets dropped earlier this year and Continue reading →

Posted by Martin September 05, 2020

Stocks to accumulate in September 2020

In my portfolio watch list, only a handful of stocks are good to buy in this overvalued market. The list is not yet complete, but I have time to fill in other stocks later on. Most of the stocks are dividend aristocrats. Some lost the status many years ago yet I decided to keep them, Continue reading →

Posted by Martin September 05, 2020

Problems with valuations, again.

Account Net-Liq: $7,477.66 SPX value: 3,426.96 Shiller PE: 31.47   In my older post I wrote about the market high valuations and how you can mitigate the problem with valuation. You hear (and read) people complaining that valuations are high and there is nothing to invest in. It is not true. And people who say Continue reading →