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Sunday, February 9, 2020

Enhanced Investing - January 2020 Results

The first month of the year was a relatively quiet one for the Enhanced Investing account, with only 8 closing transactions. Far from the 16-17 average. We closed the month with a profit after commissions of $229.68. As a reminder, this is on a $25,000 account at Tastyworks, with 2:1 margin. Below are the details per position:

Eight short Puts closed and one Covered Call. That was all. The total realized gain represents a +0.9% growth for the account. Yeah, not a whole lot. This represents an annualized 11% return.
We keep riding a WBA stock position, assigned during 2019, and now it is also likely that we will be assigned XOM shares during the month of February. It’s ok. I think it is a very undervalued name. After the assignment, if it finally happens, I’ll start to sell Covered Calls on those shares. We’ll see how the month unfolds! Thanks for reading.

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Thursday, February 6, 2020

March 2020 RUT Elephant

Trade Details:

4 March RUT 1530/1520 Credit Put spread @0.60 credit each
2 March RUT 1765/1775 Credit Call spread @1.00 credit each

3 March IWM 177 Long Calls @0.31 debit each

Friday, January 24, 2020

March 2020 SPX Unbalanced Iron Condor

Trade Details:

3 March SPX 2985/2975 Credit Put spread @0.70 credit each
1 March SPX 3450/3460 Credit Call spread @1.20 credit

I went with a 3x1 ratio instead of the usual 4x1. Totally at my discretion. I feel it is not the right time to be overly exposed on the downside.

Net Credit: $330
Max Risk: $2,670
56 days to Exp.

Monday, January 13, 2020

Long term investing in 2019 - Canadian Portfolio

Back to the TFSA Account I have in Canada (American Roth Equivalent).
This is an interesting account to me because, since I'm no longer a Canadian Resident, I can't inject any more fresh cash to this account. So, whatever it grows is from pure stocks appreciation, dividends and of course dividends reinvestments.

2019 was a good year. 
I failed to beat the TSX index for the first time, but the market was nicely up, so I don't really care.

Monday, January 6, 2020

Options Trading Results - 2019

This is about my Credit Spreads/Iron Condors/Elephants trading activity. I also do Covered Call writing and Cash Secured Puts but that's separate, and I call it Enhanced Investing.

Here's the summary for 2019

February 2020 RUT Elephant

Trade Details:

4 Feb RUT 1520/1510 Credit Put spread @0.65 credit each
2 Feb RUT 1750/1760 Credit Call spread @1.05 credit each

4 Feb IWM 176 Long Calls @0.20 debit each

Sunday, January 5, 2020

Leveraged ETFs Portfolio - 2019 Results

This is my small account inspired by the Volatility and Leveraged Instruments to Lazily beat the Markets series.

I'm happy to report it is not such a small account anymore. 2019 was a great year for the Leveraged Portfolio. But like they say, an image is worth a thousand words. Here's a snapshot of the Track record page after market close on December 31: