Blog Archive: December 2019
0 DTE SPX Trading Challenge
| Options trading | 44 seen
I've been trading options since March 2019, I have been trading verticals since September 2019. Option trading is not easy, it can hurt. Money can be made and more money can be lost - been there seen that.
In my short options trader career I have tried naked puts, covered calls, futures, indexes - a lot has been learned and a lot is still to be learned. I prefer learning through practice, and that's how 0 DTE SPX Trading Challenge was born.
Subscribe to the Covered Calls with Reinis Fischer newsletter
I like 0 DTE over longer-term options - money is made (or lost) during the trading day, less time in the trade, less stress. Actually the potential return in day trades are much higher than in those with longer-term (take 7 DTE, 45 DTE and so on)
Challenge starts just a day before Christmas on December 23, 2019, to make me accountable a separate FB group - 0 DTE SPX Traders has been created.
Rules are simple- Trade for one year or till the end of 2020
- Enter trade every Monday, Wednesday, Friday
- Start capital: $500
Idea trading with such small…
Georgian Museum of Fine Arts
| Museums | 39 seen
Georgian Museum of Fine arts is located on Rustaveli avenue just opposite to Tbilisi parliament building. The museum has been opened for public just recently at the end of 2018. It is interesting to note that currently, it is the only building in Georgia built purposely to house art exhibitions.
The museum houses over 3500 artworks, created by over 80 artists during the last 70 years. The museum exhibits private art collection of the family of Dr. George (Gia) Jokhtaberidze and Manana Shevardadze, founders of Magticom, the largest telecommunications company in Georgia.
There is an entrance fee of GEL 15 (2019), we paid a half-day long visit here in early November 2019. There is a cafe inside the building and an elevator. In total there are 5 floors of exhibition halls.
The exhibition hall at Georgian museum
According to Wikipedia: Dr. George (Gia) Jokhtaberidze and Manana Shevardnadze started collecting art in 1990s. After successful entrepreneurial endeavors, Dr. Jokhtaberidze started buying art for personal interests. During one of the shopping visits, the gallery was about to ship art to a foreign country for very low…
Lecco town in Italy
| Tourism objects | 15 seen
Lecco is a small city in northern Italy, some 50 kilometers (31 mi) north of Milan. The city lies at the end of the south-eastern branch of Lake Como.
The Bergamo Alps rise to the north and east, cut through by the Valsassina of which Lecco marks the southern end.
We visited the town of Lecco for a couple of hours in mid-November 2019, during a week trip to Italy/Switzerland. Really stunning.
Como lake near Lecco
The lake narrows to form the river Adda, so bridges were built to improve road communications with Como and Milan.
There are four bridges crossing the river Adda in Lecco: the Azzone Visconti Bridge (1336–1338), the Kennedy Bridge (1956) and the Alessandro Manzoni Bridge (1985) and a railroad bridge.
Piazza XX Settembre, in the centre of the town, and the San Martino mountain.
Archaeological finds demonstrate the presence of Celtic settlement in the area before the arrival of the Romans. The latter built a castrum here and made it an important road hub. After the fall of the …
How to Setup Charts with Interactive Brokers
| Investments | 78 seen
This is a quick tutorial on how to setup / enable charts in Interactive Brokers to trade stocks, ETFs, indexes e.t.c.
For the last couple of months I've been trading 0 DTE SPX, for charting using either Google Finance or Trading view - both are great to get a basic view on what's happening.
Google charts are indeed great to follow up on what's happening, while Tradingview offers some customization, like to add RSI and many other indicators. But as I'm using TWS platform form Interactive Brokers (Lynx Broker) I decided there should be an easier and more native wat to do charting inside the TWS, and there is. I just didn't know about it.
Creating custom charts with Interactive Brokers
From the portfolio page right-click any of holdings to open the popup menu - chose - Charts -> New Chart
In the next window, you can configure your chart - candle sizes e.t.c
Creating a custom chart with Interactive Brokers
Once you are satisfied, click OK and enjoy your chart
Creating a custom chart with Interactive Brokers
To add RSI or other indicators, from…
Tori 'Cafe-Restaurant' near Akhaldaba
| Restaurant reviews | 10 seen
Tori is a small roadside cafeteria located near the town of Akhaldaba.
We have made a stop and dinned here at the end of June when traveling to Borjomi
Cafe Tori Restaurant
Well, what can I say about this place? A typical roadside cafeteria, you can get here some coffee and decent food. Prices seemed kind of expensive, maybe because the cafe is located on a pretty touristic route close to Borjomi.
Road to Borjomi
There is free parking available in front of the restaurant.
A decent place to take a break from the road.
Grand Hotel Del Parco - Bergamo Airport
| Hotel reviews | 11 seen
The Grand Hotel is a modern, peaceful hotel set in parkland just 6 km from Bergamo.
It offers air-conditioned rooms and suites, a fitness centre and free parking. A scheduled shuttle service to/from Bergamo Train Station and Orio Al Serio Airport is available on request.
We booked this hotel in early November 2019, for a night after landed at Bergamo airport. Nothing fancy, but a decent 4-star hotel for budget money near Bergamo. We paid about USD 68 for a one night stay here.
Grand Hotel Del Parco - Bergamo Airport
Each elegant room has parquet floors, a flat-screen TV with satellite channels, a minibar, and a modern bathroom.
The Hotel Grand Del Parco offers a large buffet breakfast. Room service is also available.
The hotel is in Stezzano, 5 km from Bergamo Orio al Serio Airport and a 5-minute drive from the A4 Milan-Brescia motorway.
Breakfast at Grand Hotel Del Parco
Weekend trip to Baku, Azerbaijan
| Travel guides | 22 seen
At the start of August 2019, we traveled to Baku Azerbaijan.
For me, this was my first time in Azerbaijan. Our trip here was in the frames celebrate a birthday in one of the former Soviet Union member country capital cities, so far we have been to Yerevan, Tallinn, Vilnius, Kyiv, and now Baku
To get here, we booked a train ticket from Tbilisi and traveled from Tbilisi central station. Before entering Azerbaijan we had to apply for an e-visa online (which has to be done some 5 days before departure).
Now, huge was our surprise arriving in Baku and trying to buy return trains tickets to Tbilisi - it turned out every ticket was sold out. We were left with no other option but to book a direct Baku - Tbilisi flight from Baku airport (see: About Buta Airways Baku - Tbilisi fight)
Anyhow, this was one of the best birthday trips so far, we booked a 5-star hotel at Fairmount Flames tower, used taxi ride app to ride in (and out) the city. And spent our time in some of the best Baku restaurants. Keep reading to learn more.
- Planing a trip to Azerbaijan: How to get a Prepaid SIM Card with Internet
- How to…
Tesla Stock Project
| Options trading | 39 seen
It was on early November 5th, 2019 morning, I was reading an interesting story about a guy buying a Tesla car for his sons 9th birthday, here is the story in brief:
What is #TSLA4Tesla project? I am not into cars. My son, Arian, 8 years old, is different. He loves cars. Sometimes back, he got in love with Tesla. He asked me to buy a Tesla. I didn't need a new car. However, seeing Arian's craze for Tesla, and my love for trading stocks, we made a deal to trade TSLA stocks to see if we can buy a real Tesla.
Here it the blog: #TSLA4Tesla project
Now, I'm not into cars neither, though TSLA stock has been on my radar for a while, I even have sold some Iron Condors on in the past.
I decided to start a new project - with the goal to own 100 shares of TSLA stock.
To get there I will use options trading strategies only*.
Vertical spreads (calls and puts, and iron condors). The ultimate goal after having 100 shares of TSLA stock is not to buy a new TESLA car but to sell covered calls on TSLA stock (the easiest and less riskiest options strategy)
As on November 5th, 2019 I TSLA share is traded…
Mushtaidi Park in Tbilisi
| Tourism objects | 39 seen
Mushtaidi park and garden in Tbilisi is great for activities with kids - it features a Ferris Wheel, choo-choo train, carousels and more. The entrance in the park is free, but there is a fee for carrousels.
Park is well maintained and quite popular among locals. I first discovered this park a couple of years ago while cycling around Dinamo arena.
Sculptures at Mushtaidi park
The Mushtaidi is one of the oldest parks in Tbilisi and was founded in the 1930s. The first garden on the site of 5 hectares was opened by Mir Fetekh-Agha Seyed Tavrizi, who arrived in Georgia from Iran in 1828. He was a religious leader of the Shiites in Azerbaijan in Iran. The name of the garden-mushtaid was also derived from its clerical rank. Source (Mushtaidi Garden - Mushtaidi Park)
The foundation of the Mushtaidi Garden is based on a sad story. (Google Translate form Georgian, see: მუშტაიდის ბაღი – Mushtaidi Park)
Mushtaidi was married to a beautiful Georgian woman - Nino, who bought her in Istanbul's captive market. Exiled from Iran, he chose Tbilisi to live at his request. The woman was no…
Azcot Hotel in Baku
| Hotel reviews | 13 seen
Set in a 19th century building on Fountain Square, Azcot Hotel is located in the heart of Baku and offers air-conditioned rooms with a flat-screen satellite TV. It features a 24-hour front desk and free parking on site.
We booked Azcot Hotel for a one night stay (actually paid for two nights) in early August 2019, and paid for our stay about USD 120. We booked two nights because we had a plane back to Tbilisi in seconds night evening, not willing to spend the whole day on legs we booked two days.
The building and location where hotel is located is great. The service is OK, the interior is old and asks for renovation.
The stay at Azcot hotel partially reminded me a stay a couple of years ago in Tallin's Olav hotel, see: St.Olav Hotel in Tallinn, Estonia
The hotel is run by Azeri/Russian team. As we stayed the previous two nights at the 5-star Fairmount hotel it's hard to give an objective review for Azcot hotel, but I will try.
The most important thing about Azcot is that is very good located next to the Fountain square. The rest doesn't matter actually.
Azcot hotel in Baku…
Georgian Parliament Building in Tbilisi
| Tourism objects | 73 seen
The Parliament of Georgia Building is located in Tbilisi on Rustaveli Avenue, close to the foothills of Mount Mtatsminda.
The building complex was constructed as the House of Government of Georgian SSR on the site of the demolished 19th-century Alexander Nevsky Cathedral.
For those of you interested in Soviet Architecture, here you go another cool object of interest in Tbilisi. See: Brutal Tours - Explore Soviet Georgian Architecture in Tbilisi
The complex consists of two buildings; the "upper" building was designed by Viktor Kokorin and Giorgi Lezhava and built from 1933 to 1938. The "lower" building, along Rustaveli Avenue, was constructed by the same architects with input from Vladimer Nasaridze from 1946 to 1953. The two buildings are connected with a courtyard, with staircases and fountains. The design of both buildings heavily uses elements of traditional Georgian architecture.
Georgian Parliament Building in Tbilisi
The exterior facing the avenue is dominated by a monumental arcade, with massive eaves and "arch" pediment. The buildings are built of lightweight reinforced concrete,…
How To Enable Google Adsense ads.txt file for Drupal on Nginx
| Servers | 56 seen
Around early September 2019, in my Google AdSense dashboard, I noticed a warning informing me to create a separate ads.txt file.
I followed the on-screen instruction and did what was asked.
After two months (at the start of November) I noticed my earnings from Google AdSense have dipped more than half and the warning was still there.
Earnings at risk - You need to fix some ads.txt file issues to avoid severe impact to your revenue.
Authorized Digital Sellers, or ads.txt is an IAB initiative that helps ensure that your digital ad inventory is only sold through sellers (such as AdSense) who you've identified as authorized. Creating your own ads.txt file gives you more control over who's allowed to sell ads on your site and helps prevent counterfeit inventory from being presented to advertisers.
We strongly recommend that you use an ads.txt file. It can help buyers identify counterfeit inventory and help you receive more advertiser spend that might have otherwise gone toward that counterfeit inventory.
I decided to check and huge was my surprise when trying to visit ads.txt file I got the following warning:
…Tavada Restaurant in Baku
| Restaurant reviews | 14 seen
Tavada restaurant is another fine example fo great Azerbaijani cuisine and service. Located on Mardanov Brothers street this place serves fine Azerbaijani and European cuisine.
Discovered in early August 2019, during a weekend trip to Baku.
Kid friendly - got a baby chair for our 13-month old daughter + asked to make mashed potatoes for her
Mashed potatoes especially for babies
Lovely
Dolma with a yogurt sauce
If there is a reason to visit Azerbaijan, then it' s because of Dolma
Chicken and veal kebabs at Tavada restaurant in Baku
November 2019 Dividend Income Report - $260.41
| Investments | 19 seen
Welcome to the thirty-first (#31) dividend income report, covering earnings I've made from dividend-paying stocks and peer to peer lending in November 2019.
Last November we spent a week in Italy and Switzerland. Traveling with a 16-month old might be complicated but we did it actually quite nice - Lake Como in Italy, Lugano in Switzerland. Quite a tranquil trip. Highly recommend.
Lugano, Switzerland
The last November was better than expected in terms of dividend income but was a total catastrophe for my options trades.
At the end of the month, I have collected $260.41 from dividend stocks and Mintos peer to peer lending platform. Compared to the previous November in 2018, that is a growth of 133.34% (+$148.81). The growth is just awesome.
Disclosure: This article contains affiliate links to mintos.com peer to peer lending and deribit.com options trading websites, by clicking on links on this page and by making investment mintos.com or derbit.com, I might earn affiliate income at no cost to…
My First Iron Condor Trade - Lessons Learned
| Options trading | 35 seen
This article has been in the blog's draft section for a couple of months and as it still bears some useful information I decided to publish as it is with little comments at the end.
On August 13, 2019 I made my first Iron Condor trade - I sold following IC SPY AUG 14'19 294 / 284 / 293 / 283.5 @ 0.51
This trade was with a 1 day to expiration (DTE), I collected 51 USD from this trade, and paid in fees 9.6 USD (Interactive Broker charges each direction, and Iron Condor consists from 4 legs - 2 puts and 2 calls)
Opening Iron Condor trade Interactive Brokers
Everything seemed good, except market quickly moved against me and SPY reached 293 just some 15 minutes after I entered this trade, and here I started to make mistakes - I decided to open one more Iron condor trade for August 16.
In parallel, my 13-month-old baby asked for attention, and I made a serious mistake - I entered second trade without double-checking the numbers, instead of opening second iron condor with 3 DTE - I closed some positions from the first one and at the end, I was left with something like two…