
Welcome back to 2021’s first trade log update! I’ll go through the few moves I made to close out last year before getting into last week’s moves.
12/21:
Buy: BBBY @ $19.20
Sell: AMD @ $92.19
Buy: AMD Dec 24 $94 Call @ $1.20
I finally closed out my position in AMD, mostly to fund my big bet on BBBY’s earning call on 1/7. Even though the stock benefited from the “Blue Wave,” it lost a lot of ground after posting a big miss. I also bought some cheap AMD calls so I wouldn’t be kicking myself if my selling out was premature. Instead, I just ended up kicking myself for purchasing those calls when they expired worthless.
12/22:
Buy: JMIA Jan 15 $50 Call @ $4.65
I bought these calls after watching JMIA continue its epic run, but unfortunatley, that run ended the moment I bought them. January 15th is starting to look like an expensive day for my portfolio.
01/04:
Buy: NIO Jan 15 $55 Call @ $4.50
I bought these calls expecting to see some positive movement leading up to Nio Day. NIO was Dan’s bet pick in last week’s episode of 2 Bulls in a China Shop and I liked his reasoning.
01/05:
No Trades
01/06:
No Trades
01/07:
Buy: BAC Jan 29 $33 Call @ $1.13
I bought these after seeing options alerts pop up for JPM and BAC. I knew I should have waited a day as I was buying them though, as I could have picked them up for less than $0.80 a contract on Friday. BAC announces earnings in a couple weeks, but I’m hoping they move in sympathy with JPM when they report on 1/15.
01/08:
Sell: NIO Jan 15 $55 Call @ $6.08
Here I sold off 50% of my NIO position at the end of the day after watching the stock price rally throughout the day. I wanted to lock in some profit in case NIO disappointed (I still have nightmares about AMDs big events), but it looks like I didn’t need to worry.
Active Positions:
Ticker | Buy Price | Current Price |
CLX Jan 15 $200 Put | $7.70 | $3.75 |
BBBY | $18.87* | $18.94 |
SAP | $133.80* | $131.16 |
SONO | $18.33 | $24.41 |
JWN | $23.30 | $34.24 |
NIO Jan 15 $55 Call | $4.50 | $6.17 |
JMIA Jan 15 $50 Call | $4.65 | $0.17 |
BBBY Jan 15 $20 Call | $1.75 | $0.33 |
SPCE | $26.71* | $25.22 |
SPCE Apr 16 $30 Call | $5.50 | $3.52 |
CRM Mar 19 $250 Call | $9.60* | $4.85 |
BAC Jan 29 $33 Call | $1.13 | $0.83 |
SPY | $333.22 | $381.26 |
*SAP, BBBY, SPCE and CRM Calls buy price averaged over two purchases
Closed Positions:
Ticker | Buy Price | Sell Price |
AMD Dec 24 $94 Call | $1.20 | Expired |
AMD | $1.35 | 92.19 |
NIO Jan 15 $55 Call | $4.50 | $6.08 |
Weekly Gain (Realized):
Date | My Gains | SPY Gains |
01/08/21 | 35.00% | 1.97% |
2021 Total | 0.90% | 1.97% |
2020 Total | 16.22% | 12.20% |
Total | 17.27% | 14.42% |
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