Another good week - Week in review (Jan 15 - 19)
Another winning week.
Not quite as good as last week, but still pretty good.
Market popped higher again. New all-time highs.
Opened #
| Ticker | Action | Type | Date | Expiry | Sell Strike | Buy Strike | Premium | Qty | Fee | Net |
|---|---|---|---|---|---|---|---|---|---|---|
| SPY | open | BPS | 2024-01-16 | 2024-01-26 | 466 | 546 | 0.72 | 2 | 4.75 | 139.25 |
| MSFT | open | BPS | 2024-01-16 | 2024-04-19 | 345 | 335 | 1.12 | 1 | 2.1 | 109.9 |
| V | open | BPS | 2024-01-19 | 2024-04-19 | 245 | 235 | 0.88 | 1 | 2.1 | 85.9 |
| PG | open | BPS | 2024-01-19 | 2024-04-19 | 135 | 120 | 0.9 | 1 | 1.4 | 88.6 |
| MSFT | open | BPS | 2024-01-19 | 2024-04-19 | 350 | 315 | 2.74 | 1 | 2.1 | 271.9 |
All new positions this week are part of my fixed weekly (SPY, MSFT) or monthly strategies (V, PG, MSFT).
Was trying to open a position on AAPL, but it gapped up crazy.
Closed / Expired: #
| Ticker | Action | Type | Date | Expiry | Sell Strike | Buy Strike | Premium | Qty | Fee | Net | Profit/Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|
| V | open | BPS | 2023-12-15 | 2023-03-15 | 235 | 225 | 0.92 | 2 | 1.09 | 182.91 | $105.52 |
| V | close | BPS | 2024-01-16 | 2023-03-15 | 225 | 235 | -0.38 | 2 | 1.39 | -77.39 | |
| SPY | open | BPS | 2024-01-09 | 2024-01-19 | 465 | 456 | 0.79 | 2 | 1.79 | 156.21 | $156.21 |
| SPY | expired | BPS | 2024-01-19 | 2024-01-19 | 456 | 465 | 0 | 2 | 0 | 0 | |
| MSFT | open | BPS | 2024-01-09 | 2024-04-19 | 330 | 320 | 1.2 | 1 | 1.26 | 118.74 | $62.34 |
| MSFT | close | BPS | 2024-01-19 | 2024-04-19 | 320 | 330 | -0.55 | 1 | 1.4 | -56.4 | |
| AMAT | open | BPS | 2024-01-10 | 2024-02-16 | 140 | 135 | 0.88 | 1 | 1.4 | 86.6 | $45.34 |
| AMAT | close | BPS | 2024-01-18 | 2024-02-16 | 135 | 140 | -0.4 | 1 | 1.26 | -41.26 |
- Closed Net Profits/Loss: $369.41
Mistakenly only had qty 1 on AMAT position, otherwise would've been 400+ profits. Oh well.
Notes and Lessons #
Market continues to be super bullish looking.
I only have bullish positions right now, so it's working out in my favor. I keep thinking I should take some bearish positions to balance it out, but there hasn't been any good looking opportunities yet. The last few bearish positions I took resulted in big losses for me.
So, just keep riding the trend for now?
There are some big earnings coming over the next couple of weeks (MSFT, TSLA, AAPL, etc.), so we'll see how that goes.