Last week of the year - Week in review (Dec 25 - Dec 29)
Merry Christmas!
Last week of trading for 2023.
It was a profitable week, though could have been a lot better if I had just stuck to my plan.
Opened #
| Ticker | Action | Type | Date | Expiry | Sell Strike | Buy Strike | Premium | Qty | Fee | Net |
|---|---|---|---|---|---|---|---|---|---|---|
| SPY | open | BPS | 2023-12-27 | 2023-01-05 | 467 | 458 | 0.49 | 2 | 3.56 | 94.44 |
| UNH | open | BPS | 2023-12-27 | 2023-02-16 | 490 | 480 | 1.5 | 1 | 1.25 | 148.75 |
| DIS | open | BPS | 2023-12-27 | 2023-02-16 | 85 | 80 | 0.88 | 2 | 1.37 | 174.63 |
| AAPL | open | BPS | 2023-12-29 | 2023-02-16 | 185 | 180 | 0.87 | 2 | 2.77 | 171.23 |
Weekly SPY position, plus three new bullish positions.
Maybe shouldn't have gone into the DIS trade as it's been in a super hard downtrend the whole year. Looked like it might be breaking the trend, though probably not. Guess we'll find out next year!
Closed / Expired: #
| Ticker | Action | Type | Date | Expiry | Sell Strike | Buy Strike | Premium | Qty | Fee | Net | Profit/Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MSFT | open | BPS | 2023-11-14 | 2023-02-16 | 320 | 305 | 1.25 | 1 | 2.08 | 122.92 | $61.54 |
| MSFT | close | BPS | 2023-12-29 | 2023-02-16 | 305 | 320 | -0.6 | 1 | 1.38 | -61.38 | |
| CELH | open | BPS | 2023-11-21 | 2023-01-19 | 46.67 | 41.67 | 0.72 | 2 | 0.23 | 143.77 | $41.00 |
| CELH | close | BPS | 2023-12-27 | 2023-01-19 | 41.67 | 46.67 | -0.5 | 2 | 2.77 | -102.77 | |
| SPY | open | BPS | 2023-12-19 | 2023-12-29 | 466 | 458 | 0.41 | 2 | 2.76 | 79.24 | $79.24 |
| SPY | expired | BPS | 2023-12-29 | 2023-12-29 | 458 | 466 | 0 | 2 | 0 | 0 |
- Closed Net Profits/Loss: $181.78
Made some money, but could've been a lot better if I had stuck to my plan with CELH.
I held the position for over a month (36 days), and it basically did nothing the whole time (down a bit, up a bit).
It finally had big movement in my favor last week, and I decided to close it early, before my 50% target. I was scared of losing any profits after waiting so long, and didn't want to be stuck holding it for longer. If I just held for 1 more day, I would've easily hit my 50% target (extra $30 or so). Bleh! Stick to the plan!
Notes and Lessons #
Nice to finish the year on a positive note.
Could've been better, but I guess it could always be.
Will be looking at adjust some of my strategies, or adding some new ones next year.
Merry Christmas, and Happy New Year!