Category: Account Summary

As I mentioned in a post near the end of July, times seemed too good to last and I expected the July rally to fizzle.  And fizzle it did along with my balance.  I didn’t fall as hard as the broader markets, but certainly lost.  I ended August with a combined balance of $108,954.79 ($95,553.87.87 with Interactive Brokers and $13,400.92 with TD Ameritrade) and that’s after making a deposit to AMTD of $2,000 during the first week of the month.  After …

 Today’s option expiration finished somewhat differently than I thought it was going to as of a week ago.  Here’s the breakdown of how it went down:

VXX, two August 24 Puts – I’ll be assigned 200 shares of VXX on Monday morning.  Instead of trying to roll these puts I sold covered calls on the shares I’m about to be assigned.  While VXX was trading at $23.07 I sold two September 24 covered calls at $1.25 and received $248.97 after commissions.
AVAV, two August …

I haven’t made a trade yet in August.  That’ll change this week with options expiration upon us as I adjust my option holdings.  It’s not necessarily because I’ve been too busy to get to it, but more so that I couldn’t find anything I liked that I wasn’t already invested in with this latest dip back towards the lower side of the broad market’s trading channel.

I have a mixed bag of how August options expiration could end up for me.  AVAV …

July was a very good month for me, as I’m sure it was for all investors who were long stocks.  By the end of July my combined accounts balance was $112,122.50.  I have my equity based assets with Interactive Brokers ($100,777.73) and my debt based positions with TD Ameritrade ($11,344.77).  Quicken was a little off and said my combined balance was $112,293.24, basically due to the difference of what each uses for closing prices at the end of the day (I think), last trade versus current ask.

After …

What a crazy options expiration day today was!  I took the opportunity to open four new positions as my old positions expired worthless.  The options for September were already available for SPY, GES, NDAQ and EEM and my July options were far (enough) out of the money so I started with those and will catch up with UCO on Monday or Tuesday.  I’m still long 1,000 shares of UCO too and plan to sell new covered calls and most likely will do the same thing as my July …

I pulled my current portfolio this morning to show what I have right now going into Friday’s option expiration.  I look good on my four July expiration naked puts and expect them to all stay out of the money for the next three days.  My July covered calls are out of the money, except for EEM which are in the money a little.  I have a few dollars of profit on my EEM covered calls and might end up rolling them out another …

I finished June with a combined balance of $102,037.08 ($90,788.28 in IB and $11,218.80 in AMTD).  As always, Quicken is showing a slightly different total balance of $102.188.35.  I ended May with a balance of $105,869.10 which means I was down $3,832.02 on paper in June.  Although I lost on paper, I finished June with a realized gain of $1,785.82.  That’s completely because I only sold one of my losing stocks and that loss was cut in half by the option premium gain on the …

I finished May with a combined balance of $105,869.10 ($94,665.44 in IB and 11,203.66 in AMTD). Quicken is slightly off the mark as it reports I have a combined balance of $105,924.16.  I ended April with a balance of $107,589.47 which means I’m down $1,665.31 in addition to the $3,000 deposit I made at the beginning of the month for a total loss on paper of $4,1665.31 for May.  My best trade of the month was …

What started just a couple of weeks ago as an easy ride into expiration turned around on me very quickly, especially in the last few days before today’s relief.  I’m still not sure what to think with where the markets are heading over the next week/month and so I started adjusting some of my positions today to remove some risk.

CSX – two May 52.50 puts – Just six days ago CSX was more than $4 out of the money.  I felt …