Investing Journal - T2S

Not at main computer so can't post fancy spread sheet but here's value at end of week:

$25,026

I'm getting crushed on my wrong call (so far) of thinking there's more downside then upside..and by crushed of course i just mean not making as much as i should be
 
Account value ended week at $24,699

A nice week of outperformance.

Let my weekly expire on MSFT and no new position taken yet, will think about it over the weekend and do something on Monday. The premiums just aren't there anymore but it's largely because of the 20 cent dividend on the 15th.

All other positions kept the same.
 

Attachments

Sorry for the delayed post. Been extremely busy. Had another week of nice outperformance. I am now nearly beating my benchmark by 11% since this journal began several months back. Please see attachment for detailed results.

No positions changed last week, everything expires this week.
 

Attachments

Another out performance, but just barely.

MSFT which happens to be my biggest holding was also my worst performer this week, they've been going straight down and are the reason I didn't outperform even better.

All of my positions ended the week ITM except MSFT. I didn't do anything with them so they will all get pulled away. I also sold a weekly 25 on MSFT expiring next week fully expecting/hoping it to get called away. I did it at end of day today @ 0.53.

I am essentially going all cash for now and going to evaluate things. My brokerage firm denied me the right to sell cash secured puts for some reason and I am not happy about paying twice the commission every week to buy back and then sell new, where I should be able to just let it expire ITM and sell a put to initiate the identical position.

Account value is exactly $24,500 ATM, please see attachment for further breakdown.
 

Attachments

Quick update for anyone that cares. I am boycotting my brokerage firm until I get the right to sell cash secured puts, absolutely ridiculous that they are even making a distinction between covered calls and cash secured puts. I am sending in a options application form and doing no trades until they decide to let me sell cash secured puts. Hopefully they approve sooner rather then later, I don't want to be on the sidelines for too long, I'm only going to boycott 2 weeks tops, but I hope it doesn't take that long..
 
Just did my second trade in this account outside the scope of my trading plan. The first one was shorting ZSL around 19.50 and covering 2 days later at 14.50. This one is MSFT.

Put entire account into MSFT@ 24.55 looking to swing trade this one up to around 26.50
 
MSFT position still open.

Just bought EQIX @ 100.49 and sold DEC 100 call @ 3.40

I like EQIX a lot and thought this was a pretty good opportunity to open a position in them at 97 or pick up 3% in 2 weeks if I get called out.
 
Well my MSFT strategy has been...working I guess, just not quite how I was anticipating. My target was for it to have hit 26.50 already. I'm still in it and I just sold 17 Dec 26 calls @0.25 a bit ago which gets me close to my target of 26.50 if I do get called, and if not I pick up 0.25.

I missed a couple weeks but I will post an update at the close of market today.
 
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