Bitcoin has its bloodbath and we got stopped out from the long position BTCI this morning. Because the trend of Bitcoin is negative despite this morning attempt to bounce, I am opening a short Bitcoin position using BITI: I will be placing a stop loss on the new BITI position.
We are opening a new SPX put spread this morning: Order Summary Sell to Open 1 SPX 02/06/2026 Put 6730 Buy to Open 1 SPX 02/06/2026 Put 6715 Limit GTC @ 0.80 Credit With the latest selling, I added a call spread to this trade on Tuesday. That converted the trade into an Continue reading →
In my spreadsheet, you can see growth trades based on AI screener. It is somewhat an experiment to me. That is why I keep positions extremely small. Here are the rules: If a stock shows on the screener list, I buy the symbol. I buy approximately equal dollar position to match others. After I buy, Continue reading →
I use TQQQ (3x leveraged ETF) as an aggressive growth vehicle to grow the account fast. This leveraged instrument goes up 3 times when Nasdaq goes up, but it also goes down 3 times when the Nasdaq goes down. So drawdowns can be brutal. This ETF is also not supposed to be a long term Continue reading →
I am opening a new 46 DTE put spread: Order Summary Sell to Open 1 SPX 02/27/2026 Put 6540 Buy to Open 1 SPX 02/27/2026 Put 6525 Limit GTC @ 1.25 Credit I will hold this trade and close it either when it reaches a profit target of 50% credit or at 21 DTE. Continue reading →
We are opening LEAPS against Nvidia (NVDA) so we can start selling covered calls against the position while still being exposed to the stock’s growth. Instead of owning 100 shares of NVDA which would cost us $18,824 we could buy 1 LEAPS contract for $8,370 instead, gain the same (or similar) exposure to the stock’s Continue reading →
We are opening LEAPS against Apple (AAPL) so we can start selling covered calls against the position while still being exposed to the stock’s growth. Instead of owning 100 shares of AAPL which would cost us $27,380 we could buy 1 LEAPS contract for $9,920 instead, gain the same (or similar) exposure to the stock’s Continue reading →
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