BAC

At the end of April 2023, I was managing 3 small investment portfolios. The total value of all portfolios combined was USD 7,035.08 / EUR 6,396.66. Last month our portfolios grow by quite an impressive USD 569.01 One of my short-term goals is to grow portfolios to $10,000. To get there it is planned to deposit additional capital, plus selling options premium. $3,000 to go before reaching our short-term goal. Portfolio #1 It was a good month for portfolio #1. It grew by + EUR 332.66 and…

Investors are always looking for ways to generate additional income from their investments, and one strategy they can consider is selling put options. This strategy involves selling a put option contract and collecting the premium, with the obligation to buy the underlying stock at a specified strike price if the stock falls below that price by the expiration date. If the stock price does not fall below the strike price, the investor keeps the premium as profit. I was first introduced to the…

At the end of March 2023, I was managing 3 small investment portfolios. The total value of all portfolios combined was USD 6,466.07 / EUR 5,948.35. One of my short-term goals is to grow portfolios to $10,000. To get there it is planned to deposit additional capital, plus selling options premium. Portfolio #1 It was a good month for portfolio #1. It grew by + EUR 2,426.37 and stood at EUR 4,379.47 ($4,760.70) at the end of the month. For the truth's sake, we deposited an additional EUR 2,200…

For a long time, I couldn't find the answer to the question - to write cash-secured puts or write covered calls? Now, it seems I have found the answer. I like them both but prefer entering a trade with a cash-secured put. Thus getting a better entry price and collecting a premium upfront. Great for income-hungry investors. In this article, I decided to take a look at 3 stock names I actually trade options with AMZN, BAC, and INTC. All but, AMZN, also are dividend-paying stocks, meaning if you…

With bank stocks beaten down, after SVB bank closure in the US, investors are starting to take notice of the potential opportunity to buy in at a lower price. Bank of America, one of the largest banks in the US, has faced significant headwinds due to low-interest rates and increased competition from fintech companies. However, with the US economy gradually recovering from the COVID-19 pandemic, there may be potential for Bank of America to rebound, making it an attractive investment…

On April 1st, 2022, to celebrate my 11 years in Georgia I closed most of my stock and options positions. I took a huge loss, but again I must admit, my biggest problem was overtrading -too many open naked positions. Something I want to avoid in the future. I wanted to close all the positions and buy only AAPL stock to sell covered calls on, but I was short with free capital, and instead, I established covered calls positions on 4 stocks and bought just.a few shares with AAPL stock. The plan is…