Business Education, Personal Finance

My Trades for May 2022

The indices I watch SPY, QQQ, and FAS are at interesting levels – they are approaching pre-Covid levels but not there yet.  Does this mean these indices won’t go down further? No. They may. Also, interest rates are coming down a bit. So I have decided to carefully and sold the following puts.

Sold 20 TQQQ June 17, $21 Puts – $0.71

Sold 20 FAS June 17, $60 Puts – $0.72

Why $21 strike price for TQQQ? That was the price it was selling in Dec 2019! I’m willing to buy TQQQ at $21.

Why $60 strike price for FAS? That’s was the price it was selling in Oct 2017! I’m willing to buy FAS at $60!

I’m willing to buy TQQQ at $21 and  FAS at $60! Remember my discussion on time travel? But why June 17th? Travelling to mother India on 16th! Let’s see how these trades pan out. Good luck!

Business Education, Fintech, Personal Finance

My Feb 2022 Trades

I stayed away from the market in Dec and Jan. Here are my trades for Feb. I’m not sure what’s going to happen in Ukraine. So going to stay in cash and away from investing till end of June.

Sold 5 puts – FAS strike price 110 for Feb 4th – $450 – Expired.

Sold 3 puts – FAS strike price 120 for Feb 11th – $390 – Expired.

Sold 5 calls – FAS strike price 130 for Feb 18th – $2000 – Expired.

Sold 5 puts – FAS strike price 85 for Feb 18th – $950 – Expired.

Sold 5 puts – TQQQ strike price 35 for Feb 18th – $700 – Expired.

Sold 20 puts – SPXL strike price 70 for Feb 18th – $1400 – Expired.

Business Education, Fintech, Personal Finance

My Trades for December 2021

Back to selling naked puts! But traded on FAS for fun. Here are my trades for Dec.

Transactions

Bought 200 FAS at $124.00 and sold at $126.60.

Sold 10, Jan 22, TQQQ 60 puts for $1.70 & Bought it back at $0.03. Any idea why?

Sold 10, Jan 22, RIVN 70 puts for $3.30 (too attractive to pass)

Sold 10, Jan 22, RIVN 55 puts for $1.45 (too attractive to pass)

Sold 10, Jan 22, PTON 35 puts for $1.40 (just experimenting)