Quiet Week - Week in review (Feb 19 - Feb 23)
Not much happening this past week.
Opened a bunch of new positions, the most I've had in awhile:
Opened #
| Ticker | Action | Type | Date | Expiry | Sell Strike | Buy Strike | Premium | Qty | Fee | Net |
|---|---|---|---|---|---|---|---|---|---|---|
| PG | open | BPS | 2024-02-20 | 2024-05-17 | 150 | 140 | 0.83 | 1 | 2.1 | 80.9 |
| SPY | open | BPS | 2024-02-20 | 2024-03-24 | 487 | 475 | 0.81 | 2 | 3.59 | 158.41 |
| PG | open | BPS | 2024-02-20 | 2024-05-17 | 150 | 140 | 0.81 | 1 | 2.1 | 78.9 |
| MCD | open | BPS | 2024-02-20 | 2024-05-17 | 275 | 265 | 1.1 | 1 | 1.4 | 108.6 |
| MU | open | BPS | 2024-02-21 | 2024-04-19 | 72.5 | 67.5 | 0.88 | 2 | 1.39 | 174.61 |
| ENPH | open | BCS | 2024-02-21 | 2024-04-19 | 155 | 160 | 0.7 | 2 | 1.39 | 138.61 |
| AAPL | open | BPS | 2024-02-22 | 2024-04-19 | 170 | 165 | 0.67 | 2 | 2.79 | 131.21 |
Accidentally entered my order wrong for monthly PG position. Not sure what I did exactly, but I opened, then immediately closed the position. Ended up costing me $7. Reopened it again.
Also opened my first bearish position in a long time with ENPH. The last few bearish positions I took ended up in losses, so we'll see how this goes.
Closed / Expired: #
| Ticker | Action | Type | Date | Expiry | Sell Strike | Buy Strike | Premium | Qty | Fee | Net | Profit/Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPY | open | BPS | 2024-02-16 | 2024-02-23 | 493 | 484 | 0.39 | 1 | 3.08 | 35.92 | $35.92 |
| SPY | expired | BPS | 2024-02-23 | 2024-02-23 | 484 | 493 | 0 | 1 | 0 | 0 | |
| PG | open | BPS | 2024-02-20 | 2024-05-17 | 150 | 140 | 0.83 | 1 | 2.1 | 80.9 | -$7.20 |
| PG | close | BPS | 2024-02-20 | 2024-05-17 | 140 | 150 | -0.86 | 1 | 2.1 | -88.1 |
- Closed Net Profits/Loss: $28.72
Nothing much happening with closed trades this week.
I regret closing my SPY trade early last week. If I just held, and stuck to the plan, would've made an extra $160+ or so this week.
The fear of losing profits got the better of me. Damn!
Notes and Lessons #
Another up an down week for the overall market.
Things started down, then gapped up big time to finish the week on an extremely positive note.
I still have mainly bullish positions (just one bearish). Going to keep sticking with mostly bullish trades until the trend ends.
Getting a bit bored though, which is making me enter more trades. Perhaps need to look for some other strategies to mess around with.
I have one open position on CSCO resulting from an assigned naked put long ago, which is down $700 or so dollars. Thinking how I should deal with it. Add to it? Get out for a loss?