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Posted by Martin January 30, 2021

2021 Week 4 results

The last week of January 2021 is over and it was a hectic week. It was a week that woke up many investors from the lethargy of easy gains. As Danny DeVito says in Other Peoples money: “Easy come, easy go”. The previous three weeks were the “easy come”, the last week was “easy go”. Continue reading →

Posted by Martin December 21, 2020

Market gapped down on Covid fear, new trades, and adjustments for 12/21/2020

The stock market gapped down more than 2% on renewed fear of the new strain of Covid. That is, what the media are telling us. I don’t think this is the reason for selling. The market was quite over-extended and some sort of a pullback was needed. That is what has happened this morning. Since Continue reading →

Posted by Martin October 05, 2020

#004 Trades opened today

We have added a few more trades today to our accounts:   Bought 1 SPY Jan20 2023 (LEAPS) 335 call for -44.30 debit Sold 1 SPY Oct 9 (weekly) 348 call for +0.42 credit   We completed our goal in our account and saved enough buying power to buy LEAPS against the SPY index (3 Continue reading →

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

Sold 1 TSN Oct16 (monthly) 56 put for 0.34 credit

Sold 1 TSN Oct16 (monthly) 56 put for 0.34 credit

We sold a put against TSN stock (Tyson Foods) and collected $34 credit. We plan on holding the put until expiration and generate income. If the put expires worthless, we will sell a new one next month, if the put gets in the money, we will attempt rolling it for credit. If it gets assigned, Continue reading →

Posted by Martin July 18, 2020

Cash Deposit and purchase of IWM LEAPS

Account Net-Liq: $5,202.02 SPX value: 3,224.73 I decided to write a diary about trading and building my wealth. And keep it private for now. And I want to force myself to write every day if the conditions allow. I want to write about my trading and my feelings during the market days or weeks, make Continue reading →

Posted by Martin May 17, 2020

Poor Man’s Covered Call (KBE)

BTO 1 KBE Jan21 2022 20 strike call (LEAPS) for -10.26 debit STO 1 KBE Jun19 30 strike call for +1.07 credit Total cost -9.18 debit   The trade has been adjusted as the prices jumped up overnight significantly. We opened the LEAPS call for 10.26 debit and short call for 1.07 credit. Even adjusted Continue reading →

Posted by Martin April 25, 2020

Creating passive and semi-passive income

This week, I continued building my passive income (accumulating dividend stocks) and a semi-passive income (trading options). But, when reviewing my portfolios I realized one thing – I had my positions all over the place dispersed among many shares. There was nothing wrong with it, those are all stocks I want to hold. But, in Continue reading →