January 19 SSR Mining (SSRM) - Shares Purchased January 20 The covered calls I sold earlier on SPY and XLE expired OTM so none of my shares were called away. Similarly, the puts I sold on GM expired OTM so no shares were assigned to me. My Tactical Asset...
As far as FinTwit is concerned, some bull markets may have just started. On January 12, Walter Deemer posted on Twitter "The stock market generated Breakaway Momentum today for the 25th time since 1945" which he later followed with "And as icing on the cake, we also...
January 05 Energy Sector SPDR (XLE) - Sold Covered Calls I sold Jan-20 $91.00 covered calls for $0.43. January 06 My Jan-06 $397.00 SPY calls expired out of the money so I kept my shares. General Motors (GM) - Sold Jan-20 $33.00 Puts My Tactical...
2022 will be remembered by many investors as a difficult year with regard to investment performance. Over 90% of ETFs are showing a loss year-to-date. The Barclay Hedge Fund Index was down 7% at the end of November. The 60-40 portfolio is currently down 16.2% YTD. As...
December 12 Valero Energy (VLO) - Shares Purchased For the first time in many months, I purchased shares of a company. The position size is 4.25% of my account and I set an 8% trailing stop. December 13 Marriott Vacations (VAC) - Shares Purchased The position...
December 07 Sold SPY Covered Calls I sold monthly Dec-16 $410.00 calls for $1.08 on some of my SPY shares. My Tactical Asset Model Allocations The allocation to foreign equities remains high at 47.0% compared to 11.2% for US equities.
When I look at the chart above, I like the much smoother equity curve of my model versus the traditional 60/40 of the professionally managed Horizons Resolve Adaptive Asset Allocation ETF. In the period covering just over one year, my model and HRAA arrived at the...
It has been a year since I began posting the weekly tactical asset allocations of my models. A one-year period is far too short of a timeframe to base a performance comparison on so I have little to say about the chart below which compares my TAA model performance to...
April 04 Morgan Stanley (MS) - Sold Naked Puts Marvell Technologies (MRVL) - Shares Purchased and Covered Calls Sold April 06 Pan American Silver (PAAS) - Shares Purchased (1/2 Position) April 07 Marvell Technology - Sold Shares This trade went...
I have very little to report this week as my screens provided no stocks to purchase. I had two call options expire on Friday: COP and SCHW. COP closed ITM so my stocks will be assigned. SCHW closed 0.9% OTM and I expect to close the trade profitably as my breakeven is...