COVID-19 has rollicked the markets this month. music selection: “Lucille” — B.B. King Each month, I review my financial results for the period and year to date. This includes a summary of my spending, budget, and some ratios to benchmark
My General Motors (GM) Bear Put Spread was well in the money with almost a month left till expiry. music selection: “Dear Mr. Fantasy” — Traffic Corona Virus has done its damage to my portfolio recently. I do however have
This time it is my bull call spread in Delta Airlines (DAL). music selection: “Tyranny Of Steel” — Iron Savior Delta Airlines (DAL) is seeing a lot of reduced air traffic driven by Corona Virus fears. Shares have been savaged.
I capitulated on a bear put spread in VXX. music selection: “With A Little Luck” — Wings On 12FEB2020, I entered the 16/17 strikes VXX bear put spread (28FEB2020 expiry) for 92 cents a share. I bought 20 spreads. On
More of the same. music selection: “Clint Eastwood” — Gorillaz weigh-in: 211.2 (0.8) Wuhan Corona virus appears to be weighing heavily on markets today. The S&P is down 90 points and the entire market is a sea of red. I
Five groaners. music selection: “Round Here” — Counting Crows Devour your prey raptors!
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Spread in WMT was threatened, DAL was assigned early. music selection: “Hocus Pocus” — Focus Most of my in the money net debit spreads will be carried to expiry and auto-exercise for the maximum profit. Sometimes, when the shares are
Markets were closed yesterday for President’s Day. music selection: “Into The Night” — Benny Mardones weigh-in: 212.0 +1.0 (Valentine’s Day dinner excess!) I’m currently in a good place for this week’s expiries. Ten net debit spreads mature over the weekend
Five more groaners. music selection: “Alive And Kicking” — Simple Minds Devour your prey raptors!