Update Mar 21 (week 55)

 Added

There was nothing to add last week. I already jumped the ging the week before.

Review

This was the picture from 1 week ago:

Where we are today

We are nose bleed right at the 50% gib retracements. I would not be surprised to see some kind of retracement back to the $434ish level. That is 50% for the last leg up.

We will see.

Plan for next week

GOOG and AMZN announces splits. This is not the only reason why I am starting a GOOG position. I already have/had GOOG and AMZN positions on and off.

I am adding 100$ in GOOG this week.

Disclaimer

All information on this blog is for entertainment, and education information purposes only. Nothing discussed constitutes as financial, investment, trading, tax or any other advice. No decisions should be made based on the information provided. Always do you own independent research and consult a professional broker or financial advisor.

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Covered Strangle: KO-Mar-22

 Mon/Tue it was time to sell new options. There was nothing left to gain

Income from the last option set 85c.

This time

STO Apr 22, 57P for 42c

STO Apr 22, 63C for 42c

KO was ex-div 3/14 for 44c. So I add them to this return.

$(42+42+44)/6152 = 2.08% for 31 days

Time to sit back and let the trade work.

Update Mar 14 (week54)

Added

As planed I added 100$ in MFC to the account.

Review

I never got an answer for the one picture I wanted to use in my post. So I will stick with my own analysis. This is how the big 5 and the VIX look like:

The interesting thing is, IWM looks different then SPY/DIA and QQQ. EEM is still in a downtrend, but starts to show some signs of a reversal. A lot of tickers show a W pattern either about to break out or already breaking out.

On SPY one can make an argument for a breakout already. 

Plan for next week

I already did next week's trade. I decided it is time to add a $100 back in AVGO. So nothing to do next week other than collecting dividends.

Update Mar 07 (week 53)

Added

As planed 100$ went into CSCO.

Review

This week I collected $3.51 from AMGN, ALTY, PRU and WBA, YTD $65.47 and since inception $121.81.

In Fidelity the account is still up almost 5%. My spreadsheet says otherwise. I think, I got to review my spreadsheet.

Plan for next week 

I add another 100$ to MFC.

Update Feb 28 (week 52)

Added

As planed I added 200$ to EXG.

Review

This weeks dividends were $12.61, YTD $61.96, since inception $118.30

Since inception the account is still up.

Plan for next week

I am adding the 100$ to CSCO.